SELL EVERYTHING!!!!!

[Jeepney_koh]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

Based from your story or statement, I came into conclusion that the main person to blame is you. You should have research and investigated first before you put or invested your money in a website that is basically not legit. Bitcoin is not a pyramid scheme because everyone can have it and you do not be forced to buy some.

[FinalFury]

Interesting post from the OP, but I don't think it's a scam, but rather like a game where you have to be careful and not put your life savings into.

[ainunfm]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

actually i am agree with that, this is like something multi level marketing but in expert level, but in case i just hold it and wait if i got some nuts coin i just thingking it would be profitable somehow in the future, because you know it like win win trade after all

[Brunus]

The cryptoworld is the new far west, full of opportunities and traps.
You need to be very careful, as in any bush can be indians! :-)
But I think that with a little attention, it's easy to avoid so evident scams as this one.
Sorry for you, bro.

[Rajamuda]

Interesting post from the OP, but I don't think it's a scam, but rather like a game where you have to be careful and not put your life savings into.

Yeah anyhow it depends on what we are thinking more in our mind, and maybe it could be due tired of the effort that has been done and the lack of controlling emotion, so we can say/judging that it's a scam etc.
The market developments certainly changes not only always to greener and continue to tend being height due of a various influences, often indeed from the prices movements.. we feel such as playing with it, but that's the process being a successful and we must really can be able to adapting to the existing situations.

[Dayx]

I've been trading bitcoin since 2014. so, i know it was not good to invest on cryptocurrency. you can't even call it investment, it's a gambling. I don't know what happen to cryptocurrency in the future. I don't know when to win and lose.

about the bitconnect, i'm aware that bitconnect is a scam project since 4 months ago, that's why i didn't invest in this coin.

[Semosuchi Tesongrato]

I understand your frustration, but this is the cryptomarket: high profit and high risks. You need to be very  cautios if you don't want to lose again.
If you can't resist to stress, best to invest in mutual funds.

[Kalemder]

I can sell everything when bitcoin is $ 1 million. Stay calm and be rich
do not listen to such things

[dothebeats]

Losing all your hard-earned money in trading doesn't define bitcoin and the cryptomarket as one giant ponzi scheme. Read up the definition and you'll see there's a big difference. If it is indeed a ponzi scheme, shouldn't the stock markets be illegal since it also follow the same principle as the bitcoin market? Also, the constant volatility of the coins suggests that there is a demand for the current available supplies, so your argument about how this market goes is irrelevant.

I'm gonna be honest with you all , i have been trading/investing since 2017.

There it goes. You haven't experienced the crazy roller coasters and the calmness of the price that's why you're generalizing the whole market with your own bad experience.

[Ctn]

If you know very well which way of earning is correct and which one is wrong then you shouldn't have been into this position where you have lost this much money and quit everything. See, there are many schemes which are scam in the crypto currency including some of the crypto currency itself. So it's always better to watch where we are going with our inevstment.

To be honest, I'm earning good return from my investment which I'm doing with proper planning. If you spend some quality time then we should be fine with crypto.

[katiecbell]

Interesting post from the OP, but I don't think it's a scam, but rather like a game where you have to be careful and not put your life savings into.

Maybe the op should say that to all average and poor guys, cause they need to be selling in time to rip off the rich guys  lol. If they leave their money, they might end up losing it to the rich guys when they will make their huge withdrawal. By the way, there are other means of earning money in this, it’s not only through investment.

[ralle14]

OP must've felt really bad for selling his bitcoin 2-3 days ago or he's just trolling, spreading FUD just by reading some of his previous posts.

There are a lot of ICOs out right now but that doesn't stop bitcoin from increasing. It's not true that all crypto are scam just because bitconnect became one that doesn't mean the same thing goes to all crypto including bitcoin. You should read to learn more things about different cryptocurrencies

[zngit]

For me totally bitcoin is doing good to someone else. People who got involved into it do things without a conscience that result to hurt anybody. Btc can lead you to a fullness of life. The ico make by some person just to get their earning is the bad habit on this world of bitcoin. Unlucky if got involve to it. Other reason is if the ico is not successfully launch your money will decrease.

[cloudproject]

please be a wise trader dude
trading is not like easy thing you can earn money it needs better analystic and prediction to play
learn it before you doin some trade because if you rush in it you will drown in it

[Ranly123]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

Losing doesnt mean you have to quit. I think you lose because you did not do your homework that in cryptocurrency investment is always too risky. When you lose you think cryptocurrency is a fraud. For me, losing is just a lesson to be learned.

[BTCMILLIONAIRE]

Wow, you've been trading for a whole year? That's unheard of.

Sarcasm aside, you have no experience and you weren't trading. You were gambling. It's no surprise that you've lost so much money. That's not the markets fault, it's yours and yours alone. That's why you don't go in with large sums and start practicing with smaller amounts for a long time first. Trading is one of the easiest ways to lose money, especially when you don't have years of experience under the belt and/or a technical/mathematical background.

Sorry for your losses, but you've had it coming. Instead of blaming the market analyze your mistakes and learn from them.

[Kemarit]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.

LOL, how the hell this you lost all your money? I guess crypto trading is not for everyone who are too emotional and greedy. You have profited huge amount and yet you still suckered by the system? How did ICO such all your money? Or you just throw your money away to them and hoping that you will get 10x amount? I agree with you, its better for you to quit at this stage and lost more money.

This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

Noobs need to learn it the hard way, that's why we always preach to invest what you can afford, specially if you are beginners. So that you will not be affected emotionally and when everything doesn't work the way you wanted it to be. Bitconnect? I can smell its a scam from afar.

Again, I'm sorry if you have lost a lot of money, however, don't blame everything on the system. After all, we do have a choice, and its up to us on how to manage and mitigate the risk so that you will not lose in this game.

[Crypto Vitriol]

Of course, you can quit the game; but usually the best thing to do is to use what you learned to have a better result.

[platot]

no, not everything to sell, don't give up holding is better way than to sell right away.

[Omnia Vanitas]

I can understand your frustration, and sure you can quit, but... quitters don't go very far in life...