Bitcoin Forum
September 23, 2018, 01:47:04 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 »  All
  Print  
Author Topic: Many cryptocurrency players have gone bankrupt  (Read 1197 times)
BeGoods
Legendary
*
Offline Offline

Activity: 1218
Merit: 1008



View Profile
August 31, 2018, 12:09:39 PM
 #201

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.
Anyone can bankrupt if you don't know cryptocurrency in depth, look at how fluctuations make prices fall by more than 60% this year and if you're not prepared for anything, don't have any skills and knowledge, of course you will be confused what you have to do, of course you will bankrupt in that phase dude

        ▄▄███████████▄▄
     ▄██▀▀           ▀▀██▄
   ▄█▀   ▄▄█████████▄▄   ▀█▄
  █▀  ▄███████▌ █▌ █████▄  ▀█
 █▀  ██  ██         ▀█████  ▀█
▐█  ██▀▀█████   ▄▄▄   █████  █▌
█▌ ▐██▄▄████▌  ████   █████▌ ▐█
█  ███  ████        ▄███████  █
█▌ ▐█▀▀████▌   ▄▄▄  ▀██████▌ ▐█
▐█  █▄▄████   ████   ▐█████  █▌
 █▄  ████           ▄█████  ▄█
  █▄  ▀████  ███  ██████▀  ▄█
   ▀█▄   ▀▀█████████▀▀   ▄█▀
     ▀██▄▄           ▄▄██▀
        ▀▀███████████▀▀
bitcore.
...The Future Is Now...
▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄

        ██
██████
        ██
        ██████
        ██
██████
        ██
        ██████
        ██
██████
                 ▄▄██
 ▄██████████████████████▄
█▀         ▄▄██▀▀   ██  ▀█
█▄     ▄▄██▀▀        ██  █
█▀█████████████████████████▄
█                          ▀█
█                           █
█              ▄████▄       █
█             ██▀  ▀██      █
█            ▐█▌    ▐████████
█             ██▄  ▄██      █
█              ▀████▀       █
█                           █
█▄                         ▄█
 ▀█████████████████████████▀
.
iOs
Android

        ██
        ██████
        ██
██████
        ██
        ██████
        ██
██████
        ██
        ██████


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███               ███
▐██   ▐█▄   ▄███▄   ██▌
██▌    ███▄██████▀  ▐██
██▌    ▐████████    ▐██
▐██     ▐██████     ██▌
 ███   ▀█████▀     ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███       ▄███    ███
▐██       █████     ██▌
██▌       ███       ▐██
██▌     ███████     ▐██
▐██       ███       ██▌
 ███      ███      ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███         ▄▄█▌  ███
▐██      ▄▄█████    ██▌
██▌   ▄████████     ▐██
██▌  ▐████████      ▐██
▐██    ▀▀████       ██▌
 ███     ▀██       ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀
Website
ANN
Block Explorer
1537667224
Hero Member
*
Offline Offline

Posts: 1537667224

View Profile Personal Message (Offline)

Ignore
1537667224
Reply with quote  #2

1537667224
Report to moderator
1537667224
Hero Member
*
Offline Offline

Posts: 1537667224

View Profile Personal Message (Offline)

Ignore
1537667224
Reply with quote  #2

1537667224
Report to moderator
Make a difference with your Ether.
Donate Ether for the greater good.
SPRING.WETRUST.IO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Gadhoh
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
August 31, 2018, 12:57:39 PM
 #202

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 .
there are so many, for those who do not understand about bitcoin, not only that, they do not use a strategy in using bitcoin, there are two things that can happen that first you will succeed and the second you will go bankrupt, depending on how you choose and decide .
jeniferqueen0409
Full Member
***
Offline Offline

Activity: 297
Merit: 100


The Future of Security Tokens


View Profile
August 31, 2018, 04:07:56 PM
 #203

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 .
there are so many, for those who do not understand about bitcoin, not only that, they do not use a strategy in using bitcoin, there are two things that can happen that first you will succeed and the second you will go bankrupt, depending on how you choose and decide .
Who started investing bitcoin in December last year, the possibility of bankruptcy is very high. In addition to the strategy, opportunities are also important, borrowed from the bank and bought at that time almost the results have been determined.

tailwate07
Full Member
***
Offline Offline

Activity: 319
Merit: 102



View Profile
September 01, 2018, 06:55:06 AM
 #204

There is a gain and a loss everywhere and that is how it works.
Well, the loss simply works for those who are not knowledgeable enough to know how to make market decisions. The main reason why a lot of new investors which I would rather prefer not to call players have gone bankrupt is because they were not knowledgeable enough to even be called an investor in the first place. So many got greedy, some got loan and bought at the peak only to see the market plummeting, which is the main reason their bankruptcy is simply their own fault.

❤   humancoin   ❤   Join our whitelist!      ❤   humancoin   ❤
███████                  A new era of charity                    ███████
▄ ▄ ▄ ▄▄▄▄▄▄▄  Telegram | Reddit | Medium | Twitter | ANN Thread | Facebook   ▄▄▄▄▄▄▄ ▄ ▄ ▄ ▄
hungsanh2512
Full Member
***
Online Online

Activity: 287
Merit: 100



View Profile
September 01, 2018, 08:17:40 AM
 #205

The status of "play what kind of death" is the plight that many investors have encountered in the past. When the market does not catch waves, when the wind is full wave, then jump into the hug. Electronic money has good information, strong price increases, they are also the next.

ZhugeKongming
Newbie
*
Offline Offline

Activity: 104
Merit: 0


View Profile
September 01, 2018, 09:51:10 AM
 #206

Such things are unavoidable. The investment market is always accompanied by huge risks, and high risks are accompanied by high returns. This is the current cryptocurrency market!
noah tall
Full Member
***
Offline Offline

Activity: 408
Merit: 100


dApps Development Automation Platform


View Profile
September 01, 2018, 11:35:19 AM
 #207

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 would be hard to say though considering the market can do as it pleases, but I still tend to understand it is normal to see the market go lower and consolidate for a while before even attempting to switch trends at all. 2 - 3 years may be a very long time before it starts recovering, considering as well that things tend to go faster these days both in downtrend and uptrend as the market keeps maturing, and would be hard to start judging from how the past occurred.
You may find that improper management must be the reason if you go and study with them. I am sure all people cannot manage a crypto venture but most people are not ready to understand this face but keep investing into random ICOs too.

noah tall
Full Member
***
Offline Offline

Activity: 408
Merit: 100


dApps Development Automation Platform


View Profile
September 01, 2018, 11:42:05 AM
 #208

your opinion is correct, many cryptocurrency players go bankrupt especially in trading, many people are interested in cryptocurrency especially bitcoin, because the price is expensive in 2017, they trade only relying on luck and without a good strategy, so it's natural for many people to go bankrupt .
Practically, I would even say only those who are greedy and wanted to make some quick money overnight are those who would have ended up going bankrupt. It is funny how last year, so many people were going on credit to purchase into the crypto world, some put in all their life savings, and some borrowed from friends and families all in the name of getting rich overnight, without even understanding what the main idea of the future of what they are investing in is all about until it is too late.
Some eventually end up consoling themselves with patience and finding a way to retrace but for those who went in so deep to the level of borrowing, then they really got what they asked for with no one to blame but themselves.

mamesso
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
September 10, 2018, 06:27:39 PM
 #209

I think this might happen. because of their greedy attitude, and forced to hold then forget about stop loss.
I agree if they keep the ETH, I'm sure he suffered a big loss.
because some people throw away their eth and currently eth is dying.

Willitivity
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250



View Profile
September 10, 2018, 09:47:44 PM
 #210

Not necessarily going bankrupt as per say, but have lost alot of money with this unexpected drop. Those who bought in at the last year bull run are now in big loss, so many have sold off and left rather than holding to the loss. But on the other hand, so many other players are making it big, riding the waves.

nniecan001
Member
**
Offline Offline

Activity: 308
Merit: 20

Content Creator


View Profile
September 11, 2018, 01:29:17 AM
 #211

If you want to avoid bankrupt and get back your loss make other option like bounty hunting.

For me, it's looks like the only winner is those bounty hunters even if there's a bull run or none. Maybe they got a little amount of payment but still they not encounter a bankrupt cause they not have any capital to invest with...

futureofeth
Member
**
Offline Offline

Activity: 308
Merit: 10

Look ARROUND!


View Profile
September 11, 2018, 06:57:43 AM
 #212

Yes, because the prices of altcoin decreased a lot in the market and which nobody has expected there is a huge downfall in the market and many people have lost their investment. We don't know how long it is going to take to recover the prices but for everything, we have to hold them until their prices start increasing.

hualy2
Newbie
*
Offline Offline

Activity: 101
Merit: 0


View Profile
September 11, 2018, 07:00:36 AM
 #213

The financial market is very cruel. If someone makes a profit, there will be someone losing money, but most bankrupt players are greedy!
medconindi
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
September 11, 2018, 02:48:56 PM
 #214

They need to learn how to manage capital to accept stop loss. You should remember that money can continue to play
goaldigger
Full Member
***
Offline Offline

Activity: 364
Merit: 106



View Profile
September 12, 2018, 12:39:41 PM
 #215

The dump last 2017 made a huge difference on crypto world particularly crypto users. Many investors also dump their coins and panic sell. This was the reason of the bankruptcy you were talking about. The sad part is that, those people who are into it also lose faith investing. Lets understand that the market is just normal and you are not lost if you dont sell at a lower price.

TRADE, EARN & OWN THE EXCHANGE             M o o n X             [      ●     JOIN ICO   -   S O O N     ●      ]
──────────         WHITEPAPER         FACEBOOK         TWITTER         LINKEDIN         TELEGRAM         CRUNCHBASE         ──────────
│       No Trading or ICO Listing Fees       │       Superior to Nasdaq & LSE       │       US$ 29M Raised in 2 Weeks!       │
watashi007
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile WWW
September 12, 2018, 03:21:50 PM
 #216

The dump last 2017 made a huge difference on crypto world particularly crypto users. Many investors also dump their coins and panic sell. This was the reason of the bankruptcy you were talking about. The sad part is that, those people who are into it also lose faith investing. Lets understand that the market is just normal and you are not lost if you dont sell at a lower price.
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.
PrestonTrader
Full Member
***
Offline Offline

Activity: 322
Merit: 100


BITDEPOSITARY - Make ICO's , More Secure


View Profile
September 13, 2018, 06:07:02 AM
 #217

Good day to all, as regards bankruptcy, there are not many crypto-enthusiasts in my entourage, but those who are 50%, alone with all hands for - since they raised nothing in this year simply on the growth of the course, many on the contrary entered late in the most peak values ..))

PrestonTrader
Full Member
***
Offline Offline

Activity: 322
Merit: 100


BITDEPOSITARY - Make ICO's , More Secure


View Profile
September 13, 2018, 06:09:48 AM
 #218

I will say it is easier and many probably agree with me, the market is new as it behaves tomorrow very few people know, so we copy experience learn to gain skills, and all the more we invest only what is not terrible to lose (do not run to banks for loans) !! just think when to enter the market, there are so-called entry points - for example, now is the time

PrestonTrader
Full Member
***
Offline Offline

Activity: 322
Merit: 100


BITDEPOSITARY - Make ICO's , More Secure


View Profile
September 13, 2018, 06:12:24 AM
 #219

The dump last 2017 made a huge difference on crypto world particularly crypto users. Many investors also dump their coins and panic sell. This was the reason of the bankruptcy you were talking about. The sad part is that, those people who are into it also lose faith investing. Lets understand that the market is just normal and you are not lost if you dont sell at a lower price.
completely agree - until you sold nothing lost, or you are a speculator (instantly arrived) .. or an investor .. but I repeat the market has rules - (for example the entry point, or in simple words - the eternal growth simply can not be !!

PrestonTrader
Full Member
***
Offline Offline

Activity: 322
Merit: 100


BITDEPOSITARY - Make ICO's , More Secure


View Profile
September 13, 2018, 06:15:33 AM
 #220

The financial market is very cruel. If someone makes a profit, there will be someone losing money, but most bankrupt players are greedy!
greed - as they say in the proverb - the cause of poverty, I agree .. there really is a market, ie someone buys and who sells something ... if bought expensive, sell when more expensive, and this can happen only in 2 cases when time has passed and the project has gained momentum, or when the market is up, and push up

Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!