Many cryptocurrency players have gone bankrupt

[shushmita321]

same goes for share market traders or, any kind of business. It is a vague statement that the cryptocurrency players are going bankrupt. A lot of them are doing more than okay, but yes not great.

[deus030518]

Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.

[bitcoinerjawa]

yes you are cryptocurrency many people make bankrupt traders because so many are trapped at very expensive prices and the price of cryptocurrency conditions falls a lot.

[Clemcout]

Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.

We all know this fact that there is a lot of risk involved at time when you go for investing your money into any of the crypto currency as there are number of things which you have to consider before making any kind of decision. There are certain investors who have failed to make any kind of fruitful earning because of investing in crypto currencies and that is just because of their own silly mistakes and lack of knowledge along with poor control over their emotions.

[matchi2011]

Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.

We all know this fact that there is a lot of risk involved at time when you go for investing your money into any of the crypto currency as there are number of things which you have to consider before making any kind of decision. There are certain investors who have failed to make any kind of fruitful earning because of investing in crypto currencies and that is just because of their own silly mistakes and lack of knowledge along with poor control over their emotions.

Well said mate, those who invested without doing deep research and thinks that crypto can be the easy way to attained financial stability, now they are those people who are suffering with deep loses and because of emotions they become stress and ending up losing more than achieving their goals of having a good benefits with crypto industries.

[Neutronbot]

All financial markets are very cruel. If someone is profitable, someone must pay. I have also suffered many economic losses, but I am not planning to give up the market!

[KingBit.io]

Every asset has its moment of entry and exit. No asset is forever and no investor should keep it forever. The important thing is to keep up with the market oscillations and take advantage of the buying and selling opportunities. In my understanding, those players who are gone are waiting for a new moment.

[KimJonnan]

Yes, this is a financial game. It is very normal for someone to make money and someone will lose money. Don't panic, you only need to learn more about trading and avoid losing money yourself.

[zcooipo]

There is only one possibility for cryptocurrency companies to go bankrupt, their products and tokens are useless, the market needs to filter, and these useless coins need to be zeroed!

[stomachgrowls]

Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.

We all know this fact that there is a lot of risk involved at time when you go for investing your money into any of the crypto currency as there are number of things which you have to consider before making any kind of decision. There are certain investors who have failed to make any kind of fruitful earning because of investing in crypto currencies and that is just because of their own silly mistakes and lack of knowledge along with poor control over their emotions.

Well said mate, those who invested without doing deep research and thinks that crypto can be the easy way to attained financial stability, now they are those people who are suffering with deep loses and because of emotions they become stress and ending up losing more than achieving their goals of having a good benefits with crypto industries.

On most cases those who just engage their selves into crypto because they are just being hyped or do being told by someone then they are most likely the ones who lose up money easily but even though there are still experienced investors or traders who are still into this situation. If theres someone who gains then there would be definitely someone who lose up money in exchange. On the current situation of the market I'm pretty sure that investors are gradually losing up confidence to invest too much in crypto once again.

[Pattart]

Dont invest something more than that you fear to lose.. so invest the money which you have some extra and always do research before investing

There is always a big risk specially when trading bitcoins and altcoins, but when it comes in choosing your trading exchange select the one that has been approved by SEC(securities exchange commission) that's only my opinion.

Yeah sometimes the rule "dont invest more than you can't afford to lose" is a rule that you must follow. because I think most users, traders, and investors don't use financial management for investment or trading, so sometimes they use all their money for investment and when they lose, they can just bankrupt

[chejibadan]

I believe that in the cryptocurrency market, companies that can successfully list and have dependent products can still survive, and what people need will not die!

[maryriver]

Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.

We all know this fact that there is a lot of risk involved at time when you go for investing your money into any of the crypto currency as there are number of things which you have to consider before making any kind of decision. There are certain investors who have failed to make any kind of fruitful earning because of investing in crypto currencies and that is just because of their own silly mistakes and lack of knowledge along with poor control over their emotions.

Well said mate, those who invested without doing deep research and thinks that crypto can be the easy way to attained financial stability, now they are those people who are suffering with deep loses and because of emotions they become stress and ending up losing more than achieving their goals of having a good benefits with crypto industries.

On most cases those who just engage their selves into crypto because they are just being hyped or do being told by someone then they are most likely the ones who lose up money easily but even though there are still experienced investors or traders who are still into this situation. If theres someone who gains then there would be definitely someone who lose up money in exchange. On the current situation of the market I'm pretty sure that investors are gradually losing up confidence to invest too much in crypto once again.

Yes, and this is why it turned into a virus. That major hype caused people to jump into it without thinking about what they were doing. I've spoken to lots of people who bought bitcoin near the peak last winter. These people have no idea about trading, about technical levels, about finance in general. They just heard from their cousin or friend or taxi driver about a pot of gold and ran to the end of the rainbow only to find it was already overturned and looted. No wonder the market crashed so quickly.

I'm hoping confidence rebuilds, but in a more calm and rational manner so we see some longevity.

[nororiek]

Yes, every time the market dumps, a lot of people exit in the market and guess what, most of them spend their money in to not important things and when the time market recover, they don’t have money to invest now.

[ainaya1994]

Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .

bankruptcy is the risk of all businesses ...
In the crypto world, bankruptcy is a risk, so don't be surprised if many people jump into the crypto world that went bankrupt because in the crypto world there is no price to control so the price will not stabilize, sometimes it rises drastically sometimes it drops drastically ...

[Sanmark]

Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .

I think just youtube gurus are the "players" that lost their funds! They are living from paid advertising but don't know basic things really, and worst thing is that they are listening their own stupid advices and runing to their graves!

[PlayUp]

Is the term "bankruptcy" in cryptocurrency not at all slightly ironic?

Also this sounds like a ridiculous statement to make, seeing as people can hide/move their crypto at the drop of a hat.

Don't get me wrong, 2018 has been a diabolical year for many in crypto, but with the right strategies there are many ways to make money.

Often looking at ICOs with a genuine use case and a token with existing utility value is a safe and easy long-term investment. If the token has utility that strengthens it's reputation with regulators and if it has an existing business or platform to slot in to then it is bound to increase in value in the long term.

Anyone going "bankrupt" in crypto right now is not being patient. Identify the solid projects and grow your portfolio one clever investment at a time.

[yitzjoe]

bankrupt in playing crypto many factors, one of which is crypto is gambling, which requires good mentality in trading and I am sure those new players have not been able to keep up with the strong market pressure so they lose control and go bankrupt

[mirzanaufal2701]

Because in this year Cryptocurrency make a big movement and impact from big pump from bitcoin last year, than many traders sell his coin and than bitcoin dump

[wendiar19]

in my opinion it might be because of the mistakes they made themselves because they should be able to know when to become a trader the right time to buy and sell coins and not only that traders must be able to control the patience they have to be rich.