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Author Topic: Many cryptocurrency players have gone bankrupt  (Read 21995 times)
lienfaye
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September 18, 2018, 04:30:20 AM
 #221

if you draw conclusions and comparisons, maybe only 25% of people will experience losses due to cryptocurrency and that is because of his carelessness, he who does not know how to trade properly and properly, makes some traders go bankrupt.
Not just that, some users cant stand seeing the price drastically decreasing thus they tend to panic sell and chose to cut losses. For them bear market seems not going to end sooner and lots of negativity affect their decision to hold. Those who buy in bull market are the ones who become bankrupt if they already sell but if you're still holding your coins for the hope it can increase again then there's still a chance, market is unpredicted and can change unexpectedly who knows we might see the bull run again.

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1711771125
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September 18, 2018, 10:06:08 PM
 #222

going bankrupt is not a big deal if one is in crypto if you invest wisely and are sure it will yield profit after the fall.
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September 19, 2018, 04:20:15 AM
 #223

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 .
Who and who exactly are you talking about? if there is anyone going bankrupt here you’re the one cause I haven’t gone bankrupt trading cryptocurrency. Ever since I started reading crypto I never lost much, just a little and I keep on making huge profit from time to time. Maybe you were Hodling and was less concerned. Try to cut your loss and if you’re going for trading then don’t go all in and use the scalping method.
The point is traders and investors must have a strategy so that they avoid large losses that lead to bankruptcy, price changes can change 360 degrees and are not in accordance with your expectations, it's natural in crypto investment, if you don't have an exit plan and strategy of course it can harming you even makes you bankrupt
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September 19, 2018, 06:06:58 AM
 #224

Everyone who bought the coins at the higher price will always face this situation in the market. Due to a decrease in the price of Bitcoin, ETH and other altcoin are affecting a lot about people bankrupt. Of course, sometimes it is a situation we have to face for market fluctuation.
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September 20, 2018, 06:21:56 AM
 #225

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 .
Which players are you talking about, do you mean exchangers or do you mean investors? If you mean individuals, then that person must be crazy. You can never go bankrupt while investing in cryptocurrency unless you invested all the money in your bank account, and doing so will make you a foolish man. As for exchangers, it does happen, lots of them has gone bankrupt while some are just scammers.
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September 20, 2018, 11:56:49 PM
 #226

You have to get whatever you are doing right in order to perform excellently well in it. As far as I have seen, the cryptocurrency player who have always played by the rules have made good money. Few player may have lost money for one reason or another but many have also made good money.
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September 22, 2018, 07:55:33 AM
 #227

Playing with cryptocurrency is more dangerous than holding it, IMO. There will be time that you may be making a wrong decision while you are playing your crypto assets in the cost of your own crypto assets too. So it's better to hold your crypto and add more when opportunity arrives than playing with it and put it in jeopardy.

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September 22, 2018, 08:03:08 AM
 #228

Playing with cryptocurrency is more dangerous than holding it, IMO. There will be time that you may be making a wrong decision while you are playing your crypto assets in the cost of your own crypto assets too. So it's better to hold your crypto and add more when opportunity arrives than playing with it and put it in jeopardy.
That is the risk that must be faced, so with the choices you take, then you are ready to accept the risk of defeat. There are many meanings of cryptocurrency players, so if you mean that as a trader, both of them will have a variety of advantages when compared to crypto holders or investing. But so far I see traders will get a good profit too well in a short time, while investing takes a long time to get a good profit, it is an option and you are free to choose.

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September 22, 2018, 08:04:07 AM
 #229

Playing with cryptocurrency is more dangerous than holding it, IMO. There will be time that you may be making a wrong decision while you are playing your crypto assets in the cost of your own crypto assets too. So it's better to hold your crypto and add more when opportunity arrives than playing with it and put it in jeopardy.


Playing with cryptocurrency is more dangerous than holding it, IMO

its still the same . whether you actively trading it or hodling it alone passivey , both activity have a risk and can still lead to loosing due to the effect of market volatility .

Quote
There will be time that you may be making a wrong decision while you are playing your crypto assets in the cost of your own crypto assets too.

yes there are times that we make poor decision but that is only normal and part of the game because we are only humans , we are not perfect . if we loose , we must instantly move on and try again so that we dont feel stress and depress.

Quote
So it's better to hold your crypto and add more when opportunity arrives than playing with it and put it in jeopardy.

as i said earlier , even if you dont play it actively , you are still prone to risk but hodling is more better than trading  .
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September 22, 2018, 08:05:59 AM
 #230

Many cryptocurrency players have gone bankrupt
If the title ^^ is true then those players were beggars sometime ago Grin
Crypto trading is just like betting when you are making your lifestyle is different and when paying your life is different.
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September 22, 2018, 08:22:17 AM
 #231

Suffered heavy losses only those who had no experience in cryptocurrencies,beginners. Fascinated by the news trend about the growth of cryptocurrencies, they rushed to buy bitcoins at the end of 2017. It's human psychology.
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September 22, 2018, 12:19:55 PM
 #232

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 .

Am I reading the right topic? as far as I know everyday the community investors are increasing although, there are some crying tears because they've loss a lot of money, but not the word of bankrupt. Even though there is a bad side in crypto, where most of the community got disappointed and frustrated but they still continuing investing in crypto for believing that they can recover and they knew it was a lesson learned according to them.
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September 25, 2018, 08:07:40 AM
 #233

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 know why some of them chose to start business without having enough money to run that business. Even some people here who are just investors doesn’t know that they are supposed to work first and make some money before talking about investment, cause if you don’t have enough money you won’t be able to do investment.

Even exchangers needs to raise enough money before doing their business cause it’s possible they can go bankrupt at anytime if they didn’t start it up the right way.
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September 26, 2018, 08:38:48 AM
 #234

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 the players do not lose cryptocurrency, in my opinion, as I was expecting them at the right time, because for a few months bitcoin or ethereum dropped, like me or I also stopped investing in a different coin because of its downsizing, and now it's good to invest because of low-cost tokens, and it's back to cryptocurrency players because bitcoin or other tokens are gradually rising.
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September 26, 2018, 09:36:51 AM
 #235

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 .
What are you heading at, are you trying to say that people are quitting and exchangers are going bankrupt or do you mean investors are the ones going bankrupt, I’m a till yet to understand? If you’re referring to investors in this, then you’re wrong, cause it’s only exchangers that goes bankrupt and that’s when they are unable to pay the debt they are owing investors. But I still stand to be corrected if I’m wrong.
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September 26, 2018, 05:28:52 PM
 #236

I can never agree with you on this. I believe you just wrote this without any proof and this is one of the ways people who are not informed spread FUD. The list of people whom cryptocurrency has made is endless. Please do your research very well before concluding.
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September 26, 2018, 09:17:49 PM
 #237

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 .
Isn't bankruptcy a risk that must be ready to face from the start ??
all businesses have their own risks and that doesn't only happen in the crypto world
they are only ready to receive benefits and are never ready to accept risks Undecided Undecided
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September 27, 2018, 02:51:59 AM
 #238

I don't think it's true, I'm sure not all cryptocurrency players go bankrupt, maybe the bankrupt is only you because there are so many traders who can become wealthy from cryptocurrency trading, they know the right way to trade and know the right time to buy and sell coins.
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September 27, 2018, 07:41:27 AM
 #239

Most likely, those who did not take profit when the market grew very well, but now there are good prerequisites for even greater highs in the digital industry
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September 27, 2018, 07:49:19 PM
 #240

Many of my acquaintances joined the crypto in 2017 and none of them has yet gone bankrupt. The balance on purses for many is going down, but nobody has become a bankrupt.You should stop talking to crypto-Amateurs. Cool
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