Many cryptocurrency players have gone bankrupt

[Yaminat]

In my circle of acquaintances there are people who sold their assets at market prices and no longer trade on stock exchanges, but continue to do their regular work. But I would not say that there are many such people. Simply against the background of a general decline in the market, people began to invest more in the long-term perspective.

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[ethereumyeahhh]

You must try and become a fantastic player rather than losing out.

[pedangrusak]

bankruptcy starts when we make a wrong decision, especially in crypto trading. plus crypto players are now increasing compared to two years ago and they have learned a lot about crypto itself. when we try and continue to learn in crypto we will become winners

[mia khalifa]

yes you are right now there are so many cryptocurrency players who lose their assets and go bankrupt because they are trapped at a very expensive price that makes them fall into poverty. it is a consequence of traders who cannot trade properly and correctly.

[iMark]

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.

If they buy at the end of the year and sell everything today. of course they will bankrupt, but if they want to hold back, they will not lose anything. yeah you right, this condition is only temporary rising prices will definitely occur, don't worry. be patient because that will avoid you from bankruptcy

[checkmatesir]

I don't know any big player that went banrkupt lol

Yes I also do not have any idea about it, but in fact it depending on you that where you have invested your money and how much you invested. I think that it is important that we must have a good strategy planning about our investment and the most important is that we should set a limit for our investment which will really prevent us from becoming bankrupt.

[Sunshangxiang]

The cryptocurrency market is like a circular pool. Even if a lot of people have left, there will be some greedy traders to join it!

[ToyotaFortuner]

yes you are right at this time there are so many traders who go bankrupt because they already bought bitcoin when the price was $ 20k and not only that when in December 2017 there were lots of cryptocurrency that made price increases which eventually dropped and took many victims.

[kramchers]

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 .

Nah, they are not bankrupt, as long as you dont sell your tokens you will never end bankrupt unless the tokens you are holding gone zero in value.
They must be not spending much today, because they cant sell any of their belongings.
a wise man will hold it and never get out at this stage.

[sumanto]

I don't think that all traders who go bankrupt because they play cryptocurrency, there are so many traders who can actually get a lot of profit because they can know the right time to buy and sell coins.

[Dreamace7]

Many financial players have gone bankrupt. Investing and trading are unpredictable fields. There is a high risk in cryptocurrency, owing to its volatility.

[okocrypto]

I don't know your source of this information and am struggling to understand the point you are making. The market is bearish and that does not mean it will remain like that for ever. If you  know individuals or companies that have gone bankrupt, do well to tell us who they are and how crypto made them go bankrupt.

[umbara ardian]

it seems that those who are bankrupt are only people who are very easily affected by bad news and people who are very impatient and very difficult to control the patience they have.

[93Bitcoiner]

There is a gain and a loss everywhere and that is how it works.

[portalufonet]

I don't think that all traders who go bankrupt because they play cryptocurrency, there are so many traders who can actually get a lot of profit because they can know the right time to buy and sell coins.

The cryptocurrency market is not easy to obtain huge profits and great results as many people still think. Cryptocurrency is a very harsh financial market due to its small capitalization and is dominated by market volatility. So if you do not really have much knowledge about investing then do not take the risk.

[boty]

it seems that what you say is not true because there are so many traders who can benefit because they already understand the right way to trade and the right way to trade, so what you say is wrong because there are still many people who benefit from cryptocurrency.

[Jiucaige]

The financial investment market is always like this, some people are profitable, some people are bankrupt, no matter if you are engaged in stocks, futures are the same!

[LastKiss]

Because most of those crypto investors doesn't know where to invest there money and many of those investors are mostly newbies that's why they get scam by shitcoins and ICO expecting for immediate gains only to find out that their money will go to waste in those unknown altcoins with no ceo, no good team of dev, no roadmap and not marketable.

Agree with this one, many people who just enter the crypto world without basic skills about investing on project dont know how to pick ICOs. When they saw good return in a project they immediately put their money in that project without doing some research, they only lost their money at the end. That's why when you have a friend that just join the crypto world you should guide them to start until he can take care of him self.

[GG_Maker]

This is the usual stuff we now find everywhere. Most of these panic sellers just have the same manner of communication. You simply throw around some random statements that are not backed by any figures. And hope that someone is scared enough to be affected by them. If I could find a detailed report or statistics attached to your post, then I might even start believing you a bit. For now, I beg to differ. Prices might have dropped but they aren't as bad as you claim that they are. Holding on has actually been paying off for me personally. And I still intend to even buy more.

[Pattart]

I don't think that all traders who go bankrupt because they play cryptocurrency, there are so many traders who can actually get a lot of profit because they can know the right time to buy and sell coins.

The cryptocurrency market is not easy to obtain huge profits and great results as many people still think. Cryptocurrency is a very harsh financial market due to its small capitalization and is dominated by market volatility. So if you do not really have much knowledge about investing then do not take the risk.

That is the right buddy, that is the risk that exists in cryptoinvestment, sometimes the price will be very volatile and make the price drop very sharply, and if you are not ready for that then never invest in crypto. because if you don't know how to take advantage of these fluctuations, then that will be very risky to you..