Bitcoin Forum
October 20, 2018, 10:12:00 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 »  All
  Print  
Author Topic: Many cryptocurrency players have gone bankrupt  (Read 2256 times)
Chapman.S
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
August 14, 2018, 10:22:20 AM
 #141

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 have a hard time believing this. I'm sure some of them have gone bankrupt, but this must be for reasons other than their investing. Has any big cryptocurrency actually lost all of it's value? Not that I know of. Therefore, even if they lost a lot of money, they shouldn't be bankrupt. They must have to do with their expenses. If they spend more than they make, no matter how much they make, they may eventually need to declare bankruptcy. The only other option I can think of would be hackers. If you get hacked, you could potentially loose all your cryptocurrency. In that case, I could see a person going bankrupt.
1540030320
Hero Member
*
Offline Offline

Posts: 1540030320

View Profile Personal Message (Offline)

Ignore
1540030320
Reply with quote  #2

1540030320
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
deppil
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


View Profile
August 15, 2018, 02:37:30 AM
 #142

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 .
there is no real proof to this statement based on facts... it may be true that some are leaving the cryptocurrency market, but also many more are coming in.. infact cryptocurrency is the future of money
ofcourse its not true. some users may departure because of bankruptcy or other reasons. but I think people are successful because bitcoin will not leave it because they know that the potential for rising prices is still very large. you know bitcoin users continue to grow and increase

Rossy Akbar
Full Member
***
Offline Offline

Activity: 420
Merit: 100


View Profile
August 15, 2018, 02:59:48 AM
 #143

Actually success in bitcoin mean it was from your soul and it depends on your faith, it means when you fail you come again and try to learn some more from those fail, thats what I thought.

mkhadazz
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250



View Profile
August 15, 2018, 04:23:25 AM
 #144

yes you are right there are so many new traders who have gone bankrupt because the price of bitcoin is very difficult to guess and a lot of new traders are panicking making them sell their assets.


██████████████████████████████████████████████████
███```````█████````````█████````````██████████████
```````````██``````````███``````````████████████
```````````██``````````███``````````████████████
███```````██████``````███████``````███████████████
██████████████████████████████████████████████████
██````````█████````````████`````````█████████████
```````````██``````````███``````````████████████
```````````██``````````███``````````████████████
███```````██████``````███████``````███████████████
██████████████████████████████████████████████████
███```````███████████████████████████████```````██
```````````███████████████████████████``````````
```````````████████████████████████████`````````
███```````███████████████████████████████```````██
██████████████████████████████████████████████████
█████████████````````█████````````█████```````███
█████████████``````````███``````````███`````````
█████████████``````````███``````````███`````````
████████████████``````███████``````███████``````██
█████████████████████████████████████████████████
vgvv
SECURIX
|
|
Hobo66
Hero Member
*****
Offline Offline

Activity: 952
Merit: 501



View Profile WWW
August 15, 2018, 12:07:52 PM
 #145

A few people who are involved in crypto lose their property because they have no specific plans when they start investing , they are too impatient to get rich without knowledge, even some lose money for the guys Scam in this market. This is a warning for those who want to enter the market to prepare for a good plan
Yes that is right that it is too much important to have good planning and strategy for selecting a good coin, if you will invest your money without having any good investigation about the coin then it is too much risky and you can lose your investment if the coin goes to dead.

bitbunnny
Legendary
*
Offline Offline

Activity: 1484
Merit: 1038



View Profile
August 15, 2018, 03:14:24 PM
 #146

This is no surprise at all. Many have gone bankrupt and many will.
The main reasons for that are investing without enough knowledge and experiences, not enough information, too much eager to get quick profit, lack of investing strategy and trying to recover loss quickly getting into biger losses.
Many investors are not aware of the risk they are taking and they overestimate their possibilities, it could be dangerous combination.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
4x4et
Sr. Member
****
Offline Offline

Activity: 588
Merit: 252



View Profile
August 15, 2018, 06:04:53 PM
 #147

LOL

where is the source for this topic?

Your ass?

Newbie opening shitpost topics. This is shitposter's paradise. Everyone should leave red trust so they couldnt sell their accounts.

CHEAP GOOGLE VOICE ACCOUNTS, TORRENT INVITES, E-BOOKS, AND MANY MORE - PM ME
Liquidathor22
Newbie
*
Offline Offline

Activity: 122
Merit: 0


View Profile
August 15, 2018, 07:52:01 PM
 #148

It seems to me that many started developing their own projects. Someone creates coins, and somebody services for promotion, for example Upvotes.io.
marine4u
Full Member
***
Offline Offline

Activity: 320
Merit: 100



View Profile
August 15, 2018, 10:04:53 PM
 #149

A few people who are involved in crypto lose their property because they have no specific plans when they start investing , they are too impatient to get rich without knowledge, even some lose money for the guys Scam in this market. This is a warning for those who want to enter the market to prepare for a good plan
Yes that is right that it is too much important to have good planning and strategy for selecting a good coin, if you will invest your money without having any good investigation about the coin then it is too much risky and you can lose your investment if the coin goes to dead.

Investing blindly and not carefully studying the project at the beginning is the cause of the failures that investors may encounter in the investment process. I think if you want to invest long term and develop along this market the investor needs to have a clear plan and seriously implement it. The cryptocurrency market is very potential and the opportunity is huge.

iMark
Sr. Member
****
Offline Offline

Activity: 826
Merit: 250


View Profile
August 16, 2018, 01:49:55 AM
 #150

I do not think many electronic players will go bankrupt, there are many people enriched with electronic money. Only people who are too greedy to lose their property, do not know how to pull losses when the market shows signs of going down.

It may be possible considering that people fear to buy in falling market and buy during the high market which is the wrong and against the best billionaire philosophy. Thus consider this when the market is high you buy and then realize that it kept on falling and you require money so you will end up in a heavy losses considering how much big qty you have bought it.

Of course there are many users who are bankrupt if they give up at the moment, prices have been as high as the sky at the beginning of the year. of course there are many users who buy them at that time, like me. if they continue to hold back until now, of course they have already suffered a huge loss, if they give up they will certainly go bankrupt

nidacoinlove
Sr. Member
****
Offline Offline

Activity: 504
Merit: 251


View Profile
August 16, 2018, 07:01:07 AM
 #151

This is no surprise at all. Many have gone bankrupt and many will.
The main reasons for that are investing without enough knowledge and experiences, not enough information, too much eager to get quick profit, lack of investing strategy and trying to recover loss quickly getting into biger losses.
Many investors are not aware of the risk they are taking and they overestimate their possibilities, it could be dangerous combination.
Yeah in cryptocurrency there are over 80% people who have gone bankrupt but they are personally responsible for them. Either they have invested in a wrong time, the coin they have invested may be a wrong choice at that time or they may have not recognized the time to withdraw their funds and realize the profit needed.

thichtieuthuong
Full Member
***
Offline Offline

Activity: 252
Merit: 100


BitSong is a decentralized music streaming platfor


View Profile
August 16, 2018, 09:25:40 AM
 #152

I do not think that it will go bankrupt when playing electronic money, you are trading and investing it in a conscious way. You will be happy when you make a profit, it is important to know how to capture or not.

el kaka22
Legendary
*
Offline Offline

Activity: 1484
Merit: 1022


Crypto-Games.net: Multiple coins, multiple games


View Profile
August 16, 2018, 12:22:57 PM
 #153

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 .
A good cryptocurrency platform/exchange wouldn’t go bankrupt easily just like that, it’s only all these new exchangers with no plans and most of them are scammers using bankruptcy as a way to escape with their plans. I would be happy if you mention any cryptocurrency exchange that went bankrupt, it will never be a reliable one, trust me. That’s why you are being advised not to go for any of those unreliable new exchanges.

in cryptocurrency there are over 80% people who have gone bankrupt but they are personally responsible for them. Either they have invested in a wrong time, the coin they have invested may be a wrong choice at that time or they may have not recognized the time to withdraw their funds and realize the profit needed.
Where you got that stats of 80% of people ? It is just an imaginary number ? I agree it is an anonymous world and everyone here scamming others if they find a chance also hackers are coming down with new and powerful tricks but when we are protecting ourselves as per prescribed mythologies then we may avoid regrets.


▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉BCH  ◉STRAT  ◉ETH  ◉GAS  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
✔️DICE           
✔️BLACKJACK
✔️PLINKO
✔️VIDEO POKER
✔️ROULETTE     
✔️LOTTO
ocid
Sr. Member
****
Offline Offline

Activity: 560
Merit: 256


View Profile
August 17, 2018, 09:22:47 AM
 #154

A few people who are involved in crypto lose their property because they have no specific plans when they start investing , they are too impatient to get rich without knowledge, even some lose money for the guys Scam in this market. This is a warning for those who want to enter the market to prepare for a good plan
Yes that is right that it is too much important to have good planning and strategy for selecting a good coin, if you will invest your money without having any good investigation about the coin then it is too much risky and you can lose your investment if the coin goes to dead.

this is a very important step before we decide to invest in several types of coins, do research first on each coin that we will invest so as not to suffer losses in the future because the coins we choose cannot last for a long time

ellehcar
Member
**
Offline Offline

Activity: 308
Merit: 10

Semi-Decentralized Exchange


View Profile WWW
August 17, 2018, 01:57:45 PM
 #155

You never lose unless you sell. Well, I guess, the reason why they've gone bankrupt is that they sold...in a panic. In this business, emotion has no place. You need to stay emotionally mollified, despite the swings and sways. And when entering this business, always remember the golden rule of investment: Don't invest any amount you can't stand to lose. Be sure that whatever you put in here is not essential to your daily life and operations, so that you won't end up a total loser. You can START SMALL and play the market wisely and PATIENTLY, so that you won't be one of those bankrupt minnows.

▐|   EOS Exchange   |▌          The Exchange for the EOS Community!          ▐|   EOSex   |▌
                    ICO: 15th October to 20th November  |  Free EXP Tokens: Join Bounty!                    
Whitepaper               ANN Thread               Telegram               Twitter               Mobile
Pablobiz
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
August 17, 2018, 08:06:10 PM
 #156

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 .

Probably the New Comers who just heard the boom of Crypto-currency and then hopped in. They followed some other traders who were preaching "HODL, the market will rise soon regardless the fall".
The cryptocurrency market has lost nearly 50% of its value since its peak of US$840 billion in early January 2018, yet believers are advising to “hodl” despite the dramatic drop.

Pablobiz
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
August 17, 2018, 08:08:28 PM
 #157

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 .

Probably the New Comers who just heard the boom of Crypto-currency and then hopped in. They followed some other traders who were preaching "HODL, the market will rise soon regardless the fall".
The cryptocurrency market has lost nearly 50% of its value since its peak of US$840 billion in early January 2018, yet believers are advising to “hodl” despite the dramatic drop.



In economics and decision theory, this approach can be explained by the loss aversion phenomenon which refers to people’s tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose US$5 than to find US$5.
The prospect theory too describes well the mindset of cryptocurrency’s most fervent believers. Basically, the idea is that people value gains and losses differently, and, as such, will base decisions on perceived gains rather than perceived losses. According to prospect theory, losses have more emotional impact than an equivalent amount of gains.
mesagrandporrets
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
August 18, 2018, 05:21:52 PM
 #158

I have never really heard this before and it is the first time I am hearing this. 
yulchatar
Full Member
***
Offline Offline

Activity: 406
Merit: 100


ELONCITY >>>> power the world for free


View Profile
August 18, 2018, 07:02:39 PM
 #159

If they have at least some kind of cryptocurrency, it can't be argued that they went bankrupt. Just now, the price of the currency has decreased and, accordingly, the value of the cryptocurrency portfolio has decreased. But this is a temporary situation. As soon as the market begins to recover everything will fall into place. So don't rush to write down all in bankrupt, be patient.

Deubila
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
August 18, 2018, 08:34:58 PM
 #160

This is no surprise at all. Many have gone bankrupt and many will.
The main reasons for that are investing without enough knowledge and experiences, not enough information, too much eager to get quick profit, lack of investing strategy and trying to recover loss quickly getting into biger losses.
Many investors are not aware of the risk they are taking and they overestimate their possibilities, it could be dangerous combination.
The lack of knowledge in all areas leads to failure. Electronic money, too, should be equipped with the platform to conquer the market. According to this article is conjecture. Because professional investors are flexible in doing so, it is difficult to fail. When the market fluctuates, they move BTC to USD quickly. Usage is very smart.
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!