Many cryptocurrency players have gone bankrupt

[policeoo]

You mustn't panic and you must control your emotions. There are cases when people went bankrupt because they are not careful., they don't know how the market works or they are investing money and houses that aren't theirs. You can't invest money you need.

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[genuin]

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 .

those who experience bangrut are those who do not love cryptocurrency.
Do not you think just want to profit without thinking about usability and progress during coin created.
If you want to invest do not you are too concerned with huge profits, if you are too ambitious then you will go bankrupt

[batang_bitcoin]

Another FUD that I've heard today though this has been posted days ago.

Many crypto players have gone bankrupt? that's nut then show us those people who have gone bankrupt by investing to cryptocurrencies. The story looks one sided and you're looking at the side that's not really existing. Many crypto investors became rich and that's the real story.

May be its because of previous huge drop of bitcoin where most of the investors are focusing their investment capital in bitcoin alone because they are hoping for a bitcoin to reached $50000 but sad to say that it accidentally drops to $7000 from a previous price high of almost $20000.

That's one of our very own mistake for expecting such huge on those days. But I don't think majority and calling "players" have gone bankrupt. There might be some people who have bankrupt for buying FOMO and bought during when the price of bitcoin hits $20,000 and bought with their life savings. But not all did the same mistake.

The people going bankrupt in this game is the people who are investing money from debt/loans/credit cards into Crypto currencies.

It's a fact, AFAIK there's someone who's asking to loan just to buy crypto so its unfortunate for him.

[casternetwork]

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 know some people have had to sell houses and companies to pay off their debts because they are investing in cryptocurrency, but they have made a lot of losses. But also some of my friends become millionaires with electronic money. You can not say everyone is bankrupt when investing in cryptocurrency

[piterpie]

I never went bankrupt when investing in cryptocurrency. I think your opinion is completely wrong. In fact, most people invest in cryptocurrency for the purpose of making money. But in this market, there will be bankrupt people, and there will be people become wealthy

[maryriver]

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 .

   Without certain experience, Trading and Hodling are risky. The most acceptable method of investing at the moment is ICO. For a more successful contribution, you need to carefully analyze the project. Identify is necessary for the market side. For example, the Kelvin Blockchain project has an innovative method of encryption, transmission, storage, and security. All this is based on quantum computing. Thus becoming in demand in the future. With the coming quantum technologies, the current market must experience many changes. To be more exact, many coins will leave the market, as there will simply be no demand for them, due to the same technological superiority. I managed to participate in several ICO, some I earned quite well, I can say with certainty, for a good project, it must have potential for the future, that it will be needed in five years. Unfortunately most projects do not have this potential. I was lucky and I came across a project focused on protecting against hacking quantum processors, and to maximize the use of all the advantages of new technologies, project Kelvin Blockchain, you need at least to consider, because not every day there is such a good option for investing money.
   Kelvin Blockchain project itself is flexible to implementing cryptographic algorithms which will make it one of the safest blockchains ever existed with 10+ signature available from the start. This project does not rely on any particular signature algorithm and due to the multi-client use - on some single consensus. In case of any problems, it is possible to quickly locate the threat and prevent it’s distribution throughout the system. Multiple blockchains with different consensus algorithms, token types, and assignments will be available. The multichain technology allows creating almost an unlimited potential for speed and productivity. Kelvin Blockchain can launch up to 2^64 subchains - more available subchains will benefit in increased speed and security. Moreover, all the blockchains will be processed in one wallet so that the client could have fast transactions, secure investments and cheap smart contracts as well as a lot of other services at his hand.

These kinds of things are good to catch early, but it's hard to know for sure which ones will be worth getting on in the early stages. What you are describing sounds like a robust and secure blockchain that has a great potential for growth. The only risk with ICO's is being able to place trust in the people who are organizing it. Who's to say that they'll deliver in the end?

Anything done in crypto is inevitably risky, no matter what you do. Of course, we can protect ourselves through various measures like risk management, proper research, money management, etc. All players in this game should give themselves a proper trial period and enough education to handle themselves.

[reliable]

I never went bankrupt when investing in cryptocurrency. I think your opinion is completely wrong. In fact, most people invest in cryptocurrency for the purpose of making money. But in this market, there will be bankrupt people, and there will be people become wealthy

It is possible to go bankrupt if you invest in some coins which are worthless or purchased based on pump and dump group or somebody says to buy before you making your own investigations which can be more fruitful.

[South Park]

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 would be nice to see some statistics or reports but if the market of cryptocurrencies is similar to forex then most traders are losers, in fact that is inevitable, if someone wins then that means that someone lost money and when you add the transaction fees, the exchange fees and the taxes that you should be paying or that you will pay then this raises the percentage of people that needs to lose their money.

[TranTrongit]

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

[Memet_52]

I am one of them bankrup :'(t, but not because of trading, because lending program and play in hyip, my advice do not play lending and hyip because it is very painful. and suggestions that both play on ICO and trade smartly, follow your instincts, because your instincts will never lie.

[frostmourne0311]

Among the investors, it always has winners and losers. Don't you ever think about how the winners get money, it comes from losers. 

[D1jay]

Lol! I don't actually know if this post of yours is base on any research findings or just your personal opinion, but whatever the case maybe, i highly doubt that and i also disagree with you, the big crypto players are the one's in money while the investors are the one's at the receiving end when everything goes south.
Or don't you know that its the crypto whales that are in control of the market? You should do more digging

[Eva Ren]

Unfortunately, it is possible to happen, therefore, I prefer to build a well-diversified portfolio based on your risk preference and investment goals. And it should include different assets among which are various currencies and projects. I can name you one good Token Sale. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.

[The cure]

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 believe because using cryptocurrency is anonymous then how did you know that a lot of players have gone bankrupt? Still there is a lot of people here in crypto world playing the game of crypto because there is always earnings and profit here.

[buivanquan22]

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 think that's not called investment, they are just new trader. They have too much experience leading to losses. If you are a genuine holder, you will see how much benefit it brings

[vuithoinha]

Many people go bankrupt but a lot of rich people get up quickly from Crypto, which always creates a great pull from this market. Each Bitcoin price increase is a lot more trader involved in this venture 

[enzo24]

This is really a negative and black side of the cryptocurrency, but you have to check it very carefully before joining any ICO, otherwise, you may face such type of loss. So be careful about the fake and scammer.

[Ayston]

Many cryptocurrency 'traders' are making fortunes.
In crypto trading one person's loss is another gain.
Strive to become a good player to avoid loosing out.

It's one of the reality of trading when other losses some people wins... as for those person who lose.some of them didn't give up yet, yet, they start again from their knees to gain again... and that how winner overcome their losses..

[Stedsm]

Most of the crypto players went all in on alts and many on BTC thinking that the bull run will continue long time. But then comes a big fucking bang in the asses of all of us (yeah, even I became the victim of the bloody alt season losing more than a BTC and still thinking (hoping) that the markets will recover hardly. Thank God I have sources to make get my BTC back as well as a part time job to help me run my home somehow smooth. A lesson learnt, lately but learnt. It will be better not to touch alts till Bitcoin ends its bull run which has just begun. Hodl your BTC very tight and don't sell till the end of this year, you'll be selling it for fortunes if you've what it takes - a bit of patience.

[sunnybeacher]

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