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Author Topic: Many cryptocurrency players have gone bankrupt  (Read 4064 times)
Lucusfoundation
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November 14, 2018, 12:25:18 AM
 #341

I deeply believe the following:

1) Investors need to get familiarized with the Technology in order to invest in strong projects. No professional investor, invests in industries that they know nothing about.

2) The industry needs more solid products that can attract investments and sustainable growth.

3) Trading is a tough market. Like it has been mentioned above, in order for someone to win, other person needs to loose.
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Ridwan Fauzi
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November 14, 2018, 08:57:21 AM
 #342

Getting bankrupt is really a hard thing one can experience especially in crypto investment. Supposedly, one can recover back from being bankrupt if he tries again but he needs to manage his crypto assets well.

People who do not understand and invest still just because btc has reached 18k last year is the biggest mistake they do it. Everyone need to know that  how volatile the market is and it is not everybody cup of tea to make money in volatility. And as a result many have lost huge amount and some have even become bankrupt.

That's true most of us (especially me) always think that the market will return at 18k or 20k last year so as I will get back the losses that have been experienced. However, with high price volatility we can get profit and know that it will be difficult to obtain. However this has become a risk for someone who has come and invested in cryptocurrency, something that makes it impossible to be possible is to keep hold then someone can change the bankruptcy.

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November 14, 2018, 09:56:14 AM
 #343

they join crypto because the motivation is big profits but don't fully understand crypto, they just follow the others and this will give you a big loss. study crypto further and also look at the market trends that form crypto, so you will find the best patterns and strategies to make a profit

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November 16, 2018, 11:18:35 PM
 #344

Many cryptocurrency players/investors may have gone bankrupt maybe because they fail to manage their cryptocurrency assets properly. A very poor decision making can also be the culprit that costs them their portfolio which is supposed set in a long term plan. Any wrong decision at any moment can really ruin everything.

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November 17, 2018, 11:55:23 PM
 #345

this is a hard blow for traders and anyone involved in cryptocurrency business. there are a lot of people who give up and are stressed by this situation I think that is normal. The biggest loss will be felt by altcoin traders because yesterday's decline in bitcoin prices affected the altcoin price and it was very bad.

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November 18, 2018, 04:02:59 AM
 #346

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!
Cuk0ng_bitc0in
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November 18, 2018, 09:29:43 AM
 #347

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 .
not realy many player bankrupt, i was got profit , when i bought at 100 , i will sell at 200, so thingking about it. how you not going to be looser

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November 21, 2018, 03:48:04 AM
 #348

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 .
Most new projects are terrible anyway that is why they disappear, if the majority of the projects in the market were like bitcoin or even something close to it then I can assure you that most of those projects will survive but since that is not the case and most projects are created by scammers trying to get money out of investors that should know better than to invest in a coin with no future then we have the current failure rate of projects in the market which is very high.
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November 21, 2018, 07:20:16 AM
 #349

Only individual newbie investors may had gone bankrupt. Institutional investors have strategies and they won't take loss after a certain fall in market.

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November 21, 2018, 10:37:45 PM
 #350

All i can say is that Lots of traders have abandoned there account till when they feel that the market is better and back. we have bought so many deep. thinking it is the last deep but none was accurate. we will still see more bear markets in the future. this is not the last and will never be. More bear markets are coming. probably worst than this.

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November 22, 2018, 02:56:08 AM
 #351

When you have not sold crypto, you still have the opportunity to make money again, if they are good bear losses and when the market rebound they can still be profitable. I do not understand what you mean, stop scaring for other investors.
Bagusora
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November 22, 2018, 08:50:07 AM
 #352

I understand what you are saying that maybe because of the decrease in the price of BTC that caused you to talk about it, I am sure not all investors go bankrupt for the end "This is only an investor who is careful and smart to choose an ico but beginners expect profits with a lot but the reality is not in accordance with what he wants because choosing a project or ico is wrong

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November 22, 2018, 12:54:43 PM
 #353

Well, I do agree with you to some extent that some investors probably those who rushed in to invest when bitcoin was either at or close to its all time highest have lost a lot of the current market is being considered. That not withstanding, the crypto currency giants or players might not actually loose anything, these are people who got into the business early and might still be enjoying their profits. I mean those who invested 3 or more years ago have only seen their profits reduced and that can not be referred to as a total loss.

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November 24, 2018, 06:30:49 AM
 #354

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 .
Not all of them are going bankrupt, some of them are just exit scam. They come in and pretend to be legit and try to get a lot of investors on their side and once they have made enough money they will quickly exit the market, taking investors money with them. Some of them are due to lack of funds though, but I think any exchange that can keep up should be blamed for it. Before you startup things like you should have it planned for a while.

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bohr
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November 30, 2018, 02:49:13 AM
 #355

Only individual newbie investors may had gone bankrupt. Institutional investors have strategies and they won't take loss after a certain fall in market.
Someone that is an institutional investor is not an investor that has more knowledge, it is just an investor with more money and many of them have no formal education when it comes to the economy so they are as susceptible as anyone else to take bad decisions, and many of them are taking huge losses because they were not smart enough to know when to leave this market.
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November 30, 2018, 05:41:28 AM
 #356

Now the market cap has decreased from 700 billion to 200 billion and this makes them decrease their value in the market. Those who bought the coins at the high value already lost their value due to the sudden drop in the Bitcoin prices. So instead of selling it is better to hold them as long as possible until the market starts recovering.

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December 20, 2018, 09:24:28 AM
 #357

Yes OP some player has bit the dust . Some player or whale took the opportunity to horde a lot of coin while some just waiting to bounce back .
moynul2050
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December 23, 2018, 11:44:54 PM
 #358

too much if I say bankruptcy, I think only a decrease in assets. and they (traders) still have the opportunity to cover their losses.

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December 26, 2018, 09:39:02 PM
 #359

Can you name any of them that have gone bankrupt? I'm a crypto player/trader but so far so good and I have never been bankrupt.
You are saying that there are many traders that have failed in the crypto market.
Do you have any reason on why you are saying this or you just basically want to say this to scare others?
It is common sense, in other markets the percentage of traders that make profits is very low, probably below 20%, and the percentage that make great profits enough to make a living out of it is even lower, and when we take into account that the market of cryptocurrencies is many times more volatile than all of those markets then it is a very safe assumption to make that the percentage of traders making profits is even lower in this market.

But even if that is the case that means that the profits that you can get in this market are many times higher than whatever you can get in those markets so it is still worth to invest in this market because if you are successful you could easily change your life.
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December 28, 2018, 01:13:33 AM
 #360

not right in saying bankruptcy is more appropriate to decrease assets for long-term investors and asset transfers for traders who use the balance market method,
so this is just waiting for the right time space and bitcoin will mainly dominate the market again openly.

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