trecore4
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CryptoTalk.Org - Get Paid for every Post!
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June 03, 2018, 10:04:39 AM |
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At some point you are right. However, one of the reason why cryptocurrency is profitable is also because of market manipilation. That is why most newbies lost money because they are not aware of this. Most people who are experienced enough knows how to handle the market volatility and manipulation, that is why they can profit from it.
In fact, the OP actually sound lame and not the kind of person one should be taking advice from. He earned $110000 and lost it all basically showed how stupid he must have been and even got lucky earning that much and I wonder why he is whining all about it and calling this a pyramid scheme. The Forex market fluctuates every day, but does that also make it a pyramid scheme? Some people just love to talk things that make them sound so lame. Selling all will only make such people lose out at the end of it all and start crying like a baby how they missed out. Indeed it sounds too much absurd how he earned it and how he lost it immediately after that. I dont think that this story is real in anyway and there is tiny chance that we are in the pyramid scheme. Its all about the real developments taking place in the projects that we evolving over the blockchain and thus making the progress in terms of gaining the market cap. Thats what gives them the prices, volatility and all the stuff that OP doesn't belive on. As far as I know there is no one who can earn 110000 USD in short period and loose it all. At least you should be little sensible when you will be loosing it, you could have stopped at least at some point.
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FiveReels
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June 03, 2018, 11:22:30 AM |
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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.
I guess you choose the wrong coin, Some coins are fraud and some are legit, Better select carefully which one can survive the track. In your case, Nobody is perfect, Not all investor's will succeed, You have to accept your big loss and learn from mistakes. Just move on.
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Poortorich2018
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June 03, 2018, 11:52:42 AM |
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You need to be patient, and wait for the proper time to sell your bitcoin, the bitcoin has a ways to manage it, it is like a heartbeat of human that sometimes will be faster speed and sometime will be low speed, it will going up and down. but you need to be patient, you can sell it if the value will be higher so its a time to sell your tokens or bitcoins.
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ACVinegar
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June 03, 2018, 12:07:50 PM |
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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.
That accusation is very hard, with you respect sir if you gain high amount in the first then why you cannot withdraw it immediately? Not all the time crypto currencies are healthy, if you notice in the past month most of the countries banned bitcoin and other alternative coins because government of respective nation cannot control it. So it means that this is a hint that digital currencies industry were experiences some problems and like you I also invest last 2017 and I gained profit but the good thing is I will withdraw it immediately when January 2018 comes, because I see that in behalf of 2017 almost all coins are shown of slowness movement that's why I decided to pull out my investment. It's up to you Pal if you want to quit trading in crypto currency, but one thing I will assure to you bitcoin together with the other altcoins were not manipulated, maybe there's only drought season coming or virtual currency crisis happen now. if you do not feel comfortable being in this market then you are not going to feel comfortable in the stock market either.
Your right, I also agree with that suggestion.
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Ryker1
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Eloncoin.org - Mars, here we come!
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June 03, 2018, 12:20:46 PM |
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not because you lose your money, then we sell everything we have. we know from the beginning that bitcoin is very risky. here we must have strategy and patience high. prices go up and down it is a natural thing. if we panic then we will drown.
I agree with you, losing money is part of bitcoin. Bitcoin is very risky, and the author is right, we all know that from the start before we trade or invest. Even if we lose money, we should not give up, we should think some way to make a profit and learn from our mistake and turn it to experience, so you will not repeat the same mistake again. Instead of panic selling, we should be patient. Bitcoin price is based on the demand and supply, if we panic sell like the others, then bitcoin will fall.
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Fog Fence
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June 03, 2018, 01:15:04 PM |
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Yes, I agree that cryptocurrency market is very manipulative and volatile. But you can not engage in trading, and investment. Investing involves a longer time horizon and minimizes risks.
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wiro 212
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June 03, 2018, 01:15:53 PM |
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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.
The market is very unstable, and it can be a risk if you do not know how to drive it, you have to have long-term investment so you will not lose investment because the price falls.
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Denker
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June 03, 2018, 01:24:16 PM |
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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.
The market is very unstable, and it can be a risk if you do not know how to drive it, you have to have long-term investment so you will not lose investment because the price falls. OP is only partially right. I agree with him that crypto is very dangerous and easy to manipulate by guys with deep pockets. However this is the same with certain futures, derivates and the penny stock market! Manipulation happens in any market, even in FX and bonds! And if he would be honest or would know what real crypto traders are aiming for, he would tell you that the OGs try to make as much BTC as they can by trading all these altcoins out there. They aren't in for making more USD only, that's a lie. Only the dumb do that who do not understand the future price appreciation of Bitcoin due it's extreme limited supply!!
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pandanaran
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June 03, 2018, 01:31:36 PM |
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I started trading since 2017, I am quite helped with trading, I make a profit and also a loss, I know the losses that occur to me because of unstable market and some because of my mistakes, I do not think that trading is a pyramid scheme even I do not smell pyramid schemes, I think you are not used to the unstable market. The loss is really annoying but do not lose your brain.
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Zachwolf
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June 03, 2018, 01:32:39 PM |
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You miss the goal of cryptocurrency here, it is not some investment!. Cryptocurrency was created to facilitate low fees, fast transaction time that no one can control. Not some buy and hold and profit.
In this business it end in the situation of selling all coins/tokens we had but let and hoping everyone, everybody to do it in the right time. We sell it when it has a high and good value that we can appreciate.
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Bitcoinbitcoin0909
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June 03, 2018, 02:06:51 PM |
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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.
You're not with bitcoin for so long yet and you might haven't seen it at its worst so that should give you the idea that you don't know everything about bitcoin. Few years ago, bitcoin has faced a very big crisis where everyone was about to leave but all of a sudden, it has recovered and came back strong. That may still happen now if only you are going to be a litte bit patient so let us see what will happen next and hold on to what we still have.
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onrise
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June 03, 2018, 02:11:01 PM |
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You need to be patient, and wait for the proper time to sell your bitcoin, the bitcoin has a ways to manage it, it is like a heartbeat of human that sometimes will be faster speed and sometime will be low speed, it will going up and down. but you need to be patient, you can sell it if the value will be higher so its a time to sell your tokens or bitcoins.
People who do not have a quality of patience then it is not worth for them to invest in crypto currency. Sometimes when market is on the boom it will rise quickly and other times when it falls you need to be patient as the recover could take lot of time and to bounce back may not be that easy.
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lester04
Newbie
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Activity: 196
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June 03, 2018, 02:11:39 PM |
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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.
Not all project, tokens, coins are scam like pyramiding scheme. we all know that there are lots of scams here in cryptocurrency but not all. There are still coins with good project. There are still coins who has alot of potential in the future so why sell them. hold them and earn profit from it I agree with you we should choose wisely in every altcoin to hold or every ico's to invest cryptocurrency is very risky so you should know that before you entering crypto world.
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futile-resistance
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June 05, 2018, 04:35:17 AM |
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Market manipulation is part of cryprocurrency. If you are new and do not know how to ride the market manipulation in ccrypto, you will surely lose money. However, some people are earning becausw of this and the market volatility. You just need to have a good strategy to avoid losing money.
I personally believe that there are so many things which you get to know with the passage of time and by spending enough of the time into the crypto currencies as this is something which helps you in having more experience. I don’t think so that some wise person will make this decision of selling everything and that he will stay patient no matter how hard the things are for him to control.
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marsmyname
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June 05, 2018, 04:39:10 AM |
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a looooooot of things said is the trueth i believe. manupulative, volatile, risky but is the future of world. sorry for your loses. that is the story of the world.
If you are there in this world, then you must suffer some losses too some of the times and that there is nothing to be worried about. All you need to do is that you must learn from the mistakes which then lead you to the loss of money and that you must make things work in a way which can then make you earn some good money in the coming life. Do not make any such decision which then lead you to the loss of money.
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Noctis Connor
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June 05, 2018, 05:36:41 AM |
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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.
It is your own loss and not us we have a different decision and don't spread fudd it was not a pyramid scheme that you are referring at bitcoin is a virtual currency and you are afraid to loose so that you sell it all you must wait until your holdings has a great value before you sell it all.
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MakLampir
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June 05, 2018, 05:49:05 AM |
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You can do what you think is right, investing in crytocurrency have many risk, if you think you sell your all coins is good for you do it. You need more patience and courage when enter in crypto world. I hope this experience give you strength in the future.
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Shinvenice
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June 05, 2018, 08:08:34 AM |
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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.
Same here, just started last 2017 and almost lost hope but still trading because i have to trust bitcoin and myself. Always telling to myself that to be successful i need to take the risk and have more patience. Maybe we are not yet lucky but our time will come soon.
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nur rochid
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June 05, 2018, 08:12:06 AM |
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You can do what you think is right, investing in crytocurrency have many risk, if you think you sell your all coins is good for you do it. You need more patience and courage when enter in crypto world. I hope this experience give you strength in the future.
psychological is the main factor, to sell your coins must be based on proper analysis, many losers in crypto due to panic sell, and finally they regret because the price rose high after
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marcosfx
Full Member
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Merit: 100
The Future Of Work
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June 05, 2018, 09:56:23 AM |
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No, I`m not Selling everything will show that I dont believe in crypto anymore, I decided for myself that till I can live off I will invest and hold
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