Many cryptocurrency players have gone bankrupt

[iMark]

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.

Yes, some Players/Traders might be on a loss but it's unlikely for them to get bankrupt right? You weren't doing this job to sustain your life if are not good with it. It's weird that OP is calling them bankrupt, maybe he's trading using telegram signals that's why he said so 

Actually bankrupt is the worst thing in trading, there is always a choice in trading you know, like cutlose so you won't experience big
losses, if you bankrupt it's certainly your fault dude, ask yourself, can you analyze and make a good choices?

[1714202987]

1714202987

[1714202987]

1714202987

[eagleman]

I thinl most of the players of the cryptocurrency they earn money and only few only who are bankrupt or they losing most of their capital or money. I think more player of the cryptocurrency are now millionaire and earn monthly income in different ways of earning to cryptocurrency. Maybe better to change the title there is some people who bankrupt by the cryptocurrency because for me the information is not true.

You can't be sure that only 'few' have gone bankrupt.If you're going to create a survey, mostly will say that they have lost money through crypto because of the bear market.I'm not confident to say that many have gone millionaire and earn monthly income through it. Most of the crypto people have earned one big amount in a single blow of trade.

[kawetsriyanto]

People had made mistake when they bought at high levels of 2017 and thus due to which many people had to sell in losses as market did not recovered in 2018 and lost a huge amount of money and some losing their entire saving as well .

I don't think they had a mistake to buy at a high level in 2017. They just buy as what we can do this time. I prefer to say that they are unlucky. They don't know if in the next year, crypto market experiences a big decline. Then, in 2018, some of them may lose patience to wait for longer and some may sell assets in order to quit. 

[johanesrobin]

the definition of bankruptcy is different from getting a loss. bankruptcy is a bad situation. Maybe only a few people go bankrupt but this is not something that is scary, even all businesses have the same risk.
this news should not be used to do FUD, and in fact there are still many people who are successful even though the market situation is not profitable.

That's true, it just depends on how you deal with it. There's a way to take advantage the bear season especially if you are here for years and aiming for long term period to take profit.

If you know how to wait even it takes longer then your assets will remain even their value is not what you anticipate. There's a time for everything hence dont be discourage easily and be firm with your decision to hodl.

this is about the point of view, let them continue to complain while we keep running to reach success.
crypto is an art to survive, and I found many wonders in this bear market. soon everyone will understand this situation.

[glowing10]

I thinl most of the players of the cryptocurrency they earn money and only few only who are bankrupt or they losing most of their capital or money. I think more player of the cryptocurrency are now millionaire and earn monthly income in different ways of earning to cryptocurrency. Maybe better to change the title there is some people who bankrupt by the cryptocurrency because for me the information is not true.

You can't be sure that only 'few' have gone bankrupt.If you're going to create a survey, mostly will say that they have lost money through crypto because of the bear market.I'm not confident to say that many have gone millionaire and earn monthly income through it. Most of the crypto people have earned one big amount in a single blow of trade.

Many people who have become millionaire would be in 2017 those who had hold till Dec and out of that many would have sold their positions and made money or partially would have sold it and accumulated some wealth for them self. Rest of them were notional millionaire on just papers.

[jhongzjhong]

Many people who have become millionaire would be in 2017 those who had hold till Dec and out of that many would have sold their positions and made money or partially would have sold it and accumulated some wealth for them self. Rest of them were notional millionaire on just papers.

I missed that year 2017, I am also holder at that time and I remember I cashed out in December 2017 with a huge amount and invested back again the first quarter in 2018. Unfortunately, until now I still have lost from my holding and waiting again to reach the price last what happened in 2017. I think it is not a bankrupt at all if you still hold your crypto asset right now. The quantity is the same but the value was very volatile to move.

[bitgolden]

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 don’t think there is any exchanges that I know that have gone bankrupt, unless you’re referring to these new exchanges.
As for new exchanges, it’s already a normal thing they will always go bankrupt cause majority of them are not well planned. I’m not the type of person that even makes use of new exchanges, I choose the ones with good reputation and have been into the business for a long time.

[Altero]

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 don’t think there is any exchanges that I know that have gone bankrupt, unless you’re referring to these new exchanges.
As for new exchanges, it’s already a normal thing they will always go bankrupt cause majority of them are not well planned. I’m not the type of person that even makes use of new exchanges, I choose the ones with good reputation and have been into the business for a long time.

Old exchanges have already established good market relation and many investors giving their trust into them. Taking a look into new exchanges, we cant say that they can be trusted cause many of them  were just useless or just scamming. In fact, many investors suffer losing of their account keys just because of them.  This is some reason why they could be easily to bankrupt and gone in crypto space.

[greeklogos]

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 don’t think there is any exchanges that I know that have gone bankrupt, unless you’re referring to these new exchanges.
As for new exchanges, it’s already a normal thing they will always go bankrupt cause majority of them are not well planned. I’m not the type of person that even makes use of new exchanges, I choose the ones with good reputation and have been into the business for a long time.

Old exchanges have already established good market relation and many investors giving their trust into them. Taking a look into new exchanges, we cant say that they can be trusted cause many of them  were just useless or just scamming. In fact, many investors suffer losing of their account keys just because of them.  This is some reason why they could be easily to bankrupt and gone in crypto space.

I think the bankrupt case belongs not to loosing keys, but to the fact that trading places filled with people who almost do not know about crypto and invested in it on top prices with the expectation that bitcoin will continue its move after 20k$.

[Sihab76]

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 .

Many cryptocurrency traders, investors are going to bankrupt because of being dumped market. They invested assets at higher rate and facing a lot of losses.

[JohnBitCo]

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 .

Many cryptocurrency traders, investors are going to bankrupt because of being dumped market. They invested assets at higher rate and facing a lot of losses.

Many of those short term investors might have already quit the market. The big dump of bitcoin from 19000 to 3000$ for over a year has vanished out those short term investors and now only the holders are left. Of course those who sell in loss, they have lost their money. Only the ones, who are still holding will be rewarded in the next bull market.

[Annalise24]

So many went bankrupt because of the unstable nature of Cryptocurrency  market.
The unstable nature of Cryptocurrency is the reason why investors and traders go bankrupt ....you can imagine buying a coin $5 this minute and next minute it's already going for $2.
You can imagine the loss.

[Pcore-PCC]

Every investors knows the risks when trading crypto and are in it for the huge gains as the marketplace is so volatile, but when prices drop they can loose money but i have never heard of anyone getting bankrupt from this.

[edisystem]

Yes i knew some of my friends that gone bankrupt too because of that huge crash on 2018.

Some of them returned but most of them are gone and give up on crypto because they loss so much money on that day.

[bitgolden]

Many people who have become millionaire would be in 2017 those who had hold till Dec and out of that many would have sold their positions and made money or partially would have sold it and accumulated some wealth for them self. Rest of them were notional millionaire on just papers.

I missed that year 2017, I am also holder at that time and I remember I cashed out in December 2017 with a huge amount and invested back again the first quarter in 2018. Unfortunately, until now I still have lost from my holding and waiting again to reach the price last what happened in 2017. I think it is not a bankrupt at all if you still hold your crypto asset right now. The quantity is the same but the value was very volatile to move.

You were too fast to get back in, you should have patience and waited to see what was going to happen next before you invest. From what I have been seeing, seems like there is going to be a bull run in 2020. A lot of people are saying the halving that is coming this next year is going to make the price to increase. But nobody should put their hope in it because you can still be disappointed.

I strongly believe that no cryptocurrency player went bankrupt, if they quit, that’s just because they decided to quit. I know people who just got into cryptocurrency just to make money and once they have achieved that their aim, they quit immediately. And there are those who quit because of how bad the market had been.

[rima valen]

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 the problem of crypto players, but what is already the right investment when Iico is bankrupt is because most investors buy, and the price does not match the time of sale, if crypto players are participating as well as bounties I don't think there is a loss

[Lpim01]

That's because they are not really prepared for the possible things may happen with their investment. They to much confidence that prices will continue to pump with thinking for the drops occurrence. It gonna be a learning experience for them and for the next time, they will settle it first before making another strike or otherwise it could happen to them again.

[johanesrobin]

the op should provide data that is in accordance with the facts, otherwise this is only a conjecture and just an ordinary opinion.
there are still many crypto traders and users who are successful and survive in this situation.

[BillyBurns]

the op should provide data that is in accordance with the facts, otherwise this is only a conjecture and just an ordinary opinion.
there are still many crypto traders and users who are successful and survive in this situation.

Had you invested your crypto in (trusted) dice sites. You could have made profit by earning more crypto faster than the rate it was dropping. There are several trustworthy dice sites that have been around for years. Betking.io Cryptogames.net Yolodice.com If you have any questions about them send me a pm. This is why i love crypto passive income and house always wins longterm.

[StephenJH]

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 the problem of crypto players, but what is already the right investment when Iico is bankrupt is because most investors buy, and the price does not match the time of sale, if crypto players are participating as well as bounties I don't think there is a loss

Prices are down because of the main trend on the markets and i can't blame anyone for such conditions in the market. ICOs bankrupt for a lack of the money and teams have no motivation to re-start the new projects.