Many cryptocurrency players have gone bankrupt

[WalterGarrison]

Well, if the sell it, than yes. But most of them keep holding. As for me I also take part in a bounty and ICO, still. For example very promissing from Huobi Russia.Exchange from a great Huobi but local. And it's good I think.

[onrise]

Well, if the sell it, than yes. But most of them keep holding. As for me I also take part in a bounty and ICO, still. For example very promissing from Huobi Russia.Exchange from a great Huobi but local. And it's good I think.

If people do hold the good coins then they will make money in the long run and when bull run happens it will rise very quickly and might even cross 10k in couple of days of rise. So never lose hope and if someone is holding some worthless coin they they have already lost the money as those will not rise much.

[XFlowZion]

I believe that there is a truth in that statement because nem has just announced recently that they only have 1 month before they go bankrupt. For me, it's unbelievable for a good project to say that they have had a mismanagement of fund. But I think those who made many profits before will survive.

[Luke1]

I read from some articles, recently is the longest time for bearish market in Bitcoin price. Well it is not too good, but there is no other choice. Hopefully this 2019 everything can go up better

[bp124]

I will  never say the Players have gone bankrupt but i can say they have lost huge money so they are  broke now ..  One of my crypto  Gurus who became bitcoin millionaire in december 2017 is now mastering  forex trading trying to forget crypto  now .. The player are holding their crypto  thats why they are broke ..

[Omega Weapon]

When a new industry appears this is very common, many business are trying to find ways to be profitable with cryptocurrencies and are trying all kind of crazy ideas, some of them will work but the majority wont, it makes sense then we are seeing so many different attempts at creating something new failing since everyone is taking the time to try to figure out where we can use the blockchain besides currencies.

[radjie]

those who say bankruptcy are only people who cannot be patient because they face a declining market situation. in fact they only lose money because the market price movements weaken too long, but if patience is applied in investing in this field, they will surely get their money back and even gain profits many times more than the capital he has spent

[davinchi]

those who say bankruptcy are only people who cannot be patient because they face a declining market situation. in fact they only lose money because the market price movements weaken too long, but if patience is applied in investing in this field, they will surely get their money back and even gain profits many times more than the capital he has spent

Not all of them, only those of them that are careless are going bankrupt (that’s if you’re referring to the exchanges).
I have seen a lot of exchanges that are getting hacked and losing millions of dollars to hackers. Sometimes I think they should be blamed for being careless and losing such amount of money.

There are good exchanges that has never been hacked for once before, so these ones that are falling victims to hackers should really level up their security.

[kishore7]

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 .

This is fake post! he is making others afraid to join in crypto.

[guoyu78]

those who say bankruptcy are only people who cannot be patient because they face a declining market situation. in fact they only lose money because the market price movements weaken too long, but if patience is applied in investing in this field, they will surely get their money back and even gain profits many times more than the capital he has spent

Not all of them, only those of them that are careless are going bankrupt (that’s if you’re referring to the exchanges). I have seen a lot of exchanges that are getting hacked and losing millions of dollars to hackers. Sometimes I think they should be blamed for being careless and losing such amount of money. There are good exchanges that has never been hacked for once before, so these ones that are falling victims to hackers should really level up their security.

But, I don’t remember any cryptocurrency platform that went bankrupt, even the ones that did never admit, except scammers that run off with people’s money. And one thing I do know for sure is that the only platforms that can go bankrupt are the new ones, not the old ones.

So if you want to choose any exchange you should go for those that have been around for long time and has good reputation, not the ones with nothing to prove cause some of them just keep on faking everything about themselves to deceive people.

[akunin]

i aggree with you because many people loses they money in ico scam, now many project scam in crypto, how solution for this issues, my money is loses too in ico scam but its not bigger. i want to get the solution to save money from ico scam

[Sadlife]

Those people were the one's who bought crypto or bitcoin when the price was at its peak that's why its important to take note when the price is getting overbought you should refrain yourself from investing on it. You should wait for the right moment like for example now where bitcoin price is at its lowest especially when it already bottomed out.

[airdagon]

There are lots of crypto players who go bankrupt because of many things, one of which is the drastic decline in the price of bitcoin and causes many traders to cut loss and cause loss of the value of their assets.

[TravelMug]

There are lots of crypto players who go bankrupt because of many things, one of which is the drastic decline in the price of bitcoin and causes many traders to cut loss and cause loss of the value of their assets.

Obviously, the decline in price may have affected lots of crypto players negatively and it might made some of them bankrupt. Maybe the reason is that they keep on thinking of investing, but when there is a negative news, they are the first one to push the sell button.

Or maybe they are not bankrupt but chooses to stay out of the market for now because it is very hard to make money out of this worsening market conditions.

[Omega Weapon]

i aggree with you because many people loses they money in ico scam, now many project scam in crypto, how solution for this issues, my money is loses too in ico scam but its not bigger. i want to get the solution to save money from ico scam

The only solution is to stop investing in icos, there is no other way, there are many that are proposing that regulations should come to the market but that is not going to solve anything, scammers will never follow regulations so it is impossible to stop them with that, the only way is to not invest anymore in those projects because most of them are scams or will never produce anything of value.

[SiDtHeBeSt]

Not sure about bankrupt or not but yes people might have had great losses in cryptocurrency recently after buying cryptocurrency when cryptocurrency value was on an increase and then suddenly the market started to crash that might've actually caused losses to many people in my opinion.

[reflector]

there are some sobbing bleeds since they've misfortune a ton of cash, however not the expression of bankrupt. Despite the fact that there is an awful side in crypto, where the greater part of the network got disillusioned and disappointed yet they as yet keeping putting resources into crypto for trusting that they can recuperate and they realized it was an exercise mastered by them.

[aderidwan98]

Many of them went bankrupt because they could not choose a good coin, many also bought only because they wanted a high increase regardless of the quality of the coins they bought, and when the market went down the coin coin would go down even further, ending in cut loss. So the suggestion is that I buy coins that have a clear project.

[bitbunnny]

Many of them went bankrupt because they could not choose a good coin, many also bought only because they wanted a high increase regardless of the quality of the coins they bought, and when the market went down the coin coin would go down even further, ending in cut loss. So the suggestion is that I buy coins that have a clear project.

To my opinion many of those who went bankrupt were too greedy and often took the loans for trading. So, the reason they went bankrupt wasn't the choice of wrong coins but the fact they didn't know when it's enough and when the conditions on the market changed they couldn't return the loans. Dealing with cryptocurrencies is not so simple and easy like many think and there is no guarantee you will make profit. So if you not experienced and snart enough you easily go rover the edge.

[eagleman]

Many of them went bankrupt because they could not choose a good coin, many also bought only because they wanted a high increase regardless of the quality of the coins they bought, and when the market went down the coin coin would go down even further, ending in cut loss. So the suggestion is that I buy coins that have a clear project.

Or shall we say that many became bankrupt because of their emotion and intensive selling at loss?They can't take the risk that they have taken after investing to crypto's. All they think was after investing, they'll see their money grow on their wallets without knowing that there's a risk.
Lack of knowledge led them to get into that situation, I felt sorry for them but that's how it goes when someone isn't prepared of what he's taking and investing with his money.