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Author Topic: Many cryptocurrency players have gone bankrupt  (Read 22008 times)
JollyGood
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May 07, 2019, 11:28:55 AM
 #481

Any investment is risky. In the same way, I invested in different assets and some investments brought me a profit, and other losses, but this is quite normal. The more experienced an investor, the less mistakes he makes, making more successful investments and making more profits than less experienced investors.

It is hard to argue with what you wrote. All investments are risky.

Many people try to hedge their investments so if several fail but one does quite well, they hope to recover their losses.

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May 07, 2019, 12:50:36 PM
 #482

And what's so surprising? A cryptocurrency market cannot make everyone profit. After all, material values are not created on it. This market only redistributes them. That is, if one in the market makes a profit, the other must suffer losses. Therefore, winners and losers will always be there. Therefore, in order to make a profit, it is necessary to study this market well and soberly assess the prospects for its movement.


Yes, like all markets the crypto market should be studied before investing too but I think those are oversimplifications because even those that research before investing can end up losing money too.
Loss is a natural thing in trading, but bankruptcy is the worst thing. the case is very small, because you always have the option to do cutlose so that the loss is not greater, trading is not like a scam investment, which can make bankrupt.
but if you bankrupt because of trade, you need to study harder dude!
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