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Author Topic: People move out from cryptocurrency!  (Read 2919 times)
Vjatri (OP)
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June 13, 2018, 05:30:25 PM
 #1

I have heard from many people that there are many people to leave the cryptocurrency.

Is that right?
If  yes then what are the reason behind on it?
If no then why people spreading that kind of news regarding cryptocurrency?
Natium
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June 13, 2018, 08:06:53 PM
 #2

Many leave because they lose money and start telling everyone that it is impossible to earn here because of reasons that do not depend on you  Cheesy

crestella
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June 13, 2018, 08:16:20 PM
 #3

I have heard from many people that there are many people to leave the cryptocurrency.

Is that right?
If  yes then what are the reason behind on it?
If no then why people spreading that kind of news regarding cryptocurrency?
Maybe it's just fake news that is made by irresponsible people to scare people who know crypto because the price of crypto is now again dropped sharply.
PeterCarlos
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June 13, 2018, 08:21:13 PM
 #4

few people move out at same time a lot jump in, we make these choices. i recorded, there is a high amount of participants joining the Crypto trend everyday. Nobody would like to be left out, not me. nothing good comes easy.
rosstiller
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June 13, 2018, 08:22:27 PM
 #5

I dont think people are leaving cryptocurrency.  But It may be true that the rate of joining in cryptocurrency has lowered. May be because of the current situation of the market people are afraid of investing. But who have joined already are still remain in crypto world.
GermanGiant
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June 13, 2018, 08:23:29 PM
 #6

I think they lost a lot of money and cut the losses. Maybe they will wait until the market becomes stable. This weekend many bad news so bitcoin prices go down. I lost 50% but just HODL.
okaypool
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June 13, 2018, 08:24:00 PM
 #7

Simply, many people are very tired of the crypt, it exhausts both physically and psychologically. You are constantly afraid for your investments, for your wallet, etc. All this can be one of the reasons for the exit of the crypt from the market.
prostoFILIA
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June 13, 2018, 08:24:50 PM
 #8

Weak leave the market, those who lost money on market drawdowns and disappointed in the cryptocurrency
ElephantPro
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June 13, 2018, 08:25:01 PM
 #9

Funny, I just came from a non crypto related forum, and there used to be a crypto thread that just got bumped after two months. And they're talking about how glad they are they left it, and saying some bad things.
Firbolko
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June 13, 2018, 08:26:15 PM
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I think that the fall of the market for a long time, had a negative impact on the investment of people. they have lost money and therefore come out of the cryptocurrency.
okaypool
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June 13, 2018, 08:26:35 PM
 #11

Simply, many people are very tired of the crypt, it exhausts both physically and psychologically. You are constantly afraid for your investments, for your wallet, etc. All this can be one of the reasons for the exit of the crypt from the market.


One of the main reasons why people leave the crypt is the loss of their money. Many enter the crypt for the purpose of quick profit, and because of this very often does not think through its actions, there is no strategy - and this led to the collapse.
berezov_petro
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June 13, 2018, 08:29:16 PM
 #12

I have heard from many people that there are many people to leave the cryptocurrency.

Is that right?
If  yes then what are the reason behind on it?
If no then why people spreading that kind of news regarding cryptocurrency?
It seems to me that everyone is afraid of losing their crypto assets and therefore are thinking about going from the crypto market. I think it's a panic, and as you know, crypto does not like panic.

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June 13, 2018, 08:29:33 PM
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Real believers and traders are not going anywhere. I can not argue about fomos. These ones are already gone in a big lost. And may be this is good. Crypto world needs a new breath

Denlv
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June 13, 2018, 08:30:46 PM
 #14

I got a story about my friend who leaved crypto world, this happens in late 2017 when market got pumped up he invest in bitcoin good amount of fiat then market cap dumped and he lose big amount of fiat:(Now he work on old job like he doing it in past :(I am very disappointed when things going wrong like this..

Zyborg
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June 13, 2018, 08:31:50 PM
 #15

I have heard from many people that there are many people to leave the cryptocurrency.

Is that right?
If  yes then what are the reason behind on it?
If no then why people spreading that kind of news regarding cryptocurrency?

This is somewhat true.There may be different reasons behind it,as far as i am concerned these are as follows.
1.Sometimes big whales spread negative news so that value of crypto fall down to such a low level that they may buy again at extremely low price and when prices go up sale at high price.It may be one of the many tactics.

2.Sometimes ban news,unpleasant news in any country,regulation news directly hit crypto.

A genuine crypto investor would never sell his investment at low rate.Those who are shortcut investor would sell their investment to avert minimum loss or to earn minimum profit.This ups and down circle would continue to happen.
green547
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June 13, 2018, 08:32:47 PM
 #16

The newcomers that didn't know what they were investing in are mostly gone.  the true believers are the ones left.  We will be rewarded with our patience.
KJMZNine
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June 13, 2018, 08:33:30 PM
 #17

Yes, you are right. The most people are leaving the station right now because of the heavy dips in the last couple of weeks. But this is not the right time to exit the crypto markets, it is the right time to buy some new coins that are heavily undervalued right now. The most coins are very cheap right now!
eagleman
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June 13, 2018, 08:34:03 PM
 #18

I have heard from many people that there are many people to leave the cryptocurrency.

Is that right?
No. Many are selling and most of it are the big holders or what we so call 'whales'.

If  yes then what are the reason behind on it?
They are tired of the dip and just want to stay away from crypto's stressful market.

If no then why people spreading that kind of news regarding cryptocurrency?
Get used to it, people loves to spread fear through fake news so it will come as a result of forcing newbies to sell.
BronxCats
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June 13, 2018, 08:34:47 PM
 #19

Simply, many people are very tired of the crypt, it exhausts both physically and psychologically. You are constantly afraid for your investments, for your wallet, etc. All this can be one of the reasons for the exit of the crypt from the market.


Yes, I can imagine this has been a very, very, very, very, very bad experience for many people. I think back to the people who sold their house. Shame. The market might recover, but not everyone of these people will.
Perfect35
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June 13, 2018, 08:36:04 PM
 #20

If i understand you clearly well, you mean some people have decided to go out of crypto, perhaps because of some things that happened to them.
Well, i feel some are only been fed with FUD, but never tries to explore the crypto space to know the reality.
Some have unfortunately lost their money to crypto. I have a friend like that and he told me that he does not want to have anything to do with crypto.
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