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Author Topic: I went bankrupt when I joined in cryptocurrency  (Read 2129 times)
L lawliet
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October 08, 2018, 11:31:43 PM
 #321

come on, this is not real money..and everything has a risk
hirokazu
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October 08, 2018, 11:37:59 PM
 #322

If the reason is this was your first come, then it reasonable. If you're always in bad luck while invest in altcoin or never make multiple profit, then it was your fall, because you haven't done the right research like the others do. However, at the very beginning people always say, invest in crypto is high risk.
satria2
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October 09, 2018, 12:26:44 AM
 #323

You only need to study and research more about coins that you will invest for a long period of time because if you just choose and don't see the development of the coin you will experience a big loss.
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October 09, 2018, 08:50:25 AM
 #324

First, this is not my story, this is a story that a couple, their happiness may be shattered when the husband invests in cryptocurrency and now he is in danger of losing all the money he has invested. And this is the whole story told by the husband
  "In early 2017, I went out with a bunch of friends and heard about a new investment field, cryptocurrency, and at that moment, the field seemed not to be a trend, so I just laughed and ignored it. However, as you know, the storm came in August and October of 2017, the news and media constantly talk about the strong growth and terrible price of bitcoin and of course, I've heard a lot of people become millionaires in that time. Although I have been very careful and understand that high profits will come with high risk but over time, the curiosity and the constant news attacked me, which made me plunge into investment.

   And a series of tragedies began to take place from here, in the first stage, I was still very careful and calculating, not greedy but this job is really too much pressure, the market situation makes me tense and tired. In addition, the news and people constantly gave me confidence and made me hope the price of bitcoin increased to $50k and because of that, I decided not to sell anything and then as everyone knows, the market has begun to decline in 2018. Again, I continue to comfort and encourage myself, everything will be fine, I'm still profitable, bitcoin will increase again, so I searched the bottom of the bitcoin and started throwing money into the altcoin and holding on to the long term.

   And life is not a dream, the price of the whole market fell, bitcoin almost touched 6k and the common mentality of everyone, seeking restoration and light of hope. I became a short-term trader but with the horror of the market, my capital began to become smaller and smaller, until one day, I almost lost everything, mental breakdown, depressed mood and depression, a very inhibitory emotion, all created something very chaotic, often arguing with my wife unreasonably."

And here is my comment on this story, never think you can become a millionaire in this market when you are just another prey of the other, whales always create beautiful scenery and pictures of the future, that is not true. Play with passion, instead of playing with greed and everything we have, accumulate more experience and absolutely should not give up the main job.

What is your opinion of this story?

You can make it as a part time Job without losing your current and regular job, Yes i heard that 2017 is got a many millionaires , but think of it twicely to be sure that you willing to invest on it And when you invest in crypto although there are hope for you to become one of the millionaire someday you must take your limit to prevent not losing your money if your can't be successful in investing on it. Be sure on the action you did before get trust your money grow.

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Elqui
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October 09, 2018, 09:05:37 AM
 #325

One of the lessons to the story is to never invest all or almost what you have to sonething. Always have something half for yourself because you can’t always be sure. Its okay to be greedy sometimes, but always think thrice with your decision.
andra73
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October 09, 2018, 09:05:45 AM
 #326

You only need to study and research more about coins that you will invest for a long period of time because if you just choose and don't see the development of the coin you will experience a big loss.
the investment without grounded by doing a research is suicide I think. everyone knows the huge risk cryptocurrency to accept the loss, but all that could be overcome with the knowledge we have. Learn about the market and how to start investing crypto in order to get a profit. I think not only you receive the disadvantage of crypto, some people including me also never experienced investment losses from crypto. but can all be overcome with knowledge.

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October 09, 2018, 09:15:18 AM
 #327

You know, many of us had the same history. We did not belive anymore on bank and econoimic system that was set up all over since now, so we face the bugs of that with our blood and hits. So we want no longer something like that because we already know why this system is gonna collapse sooner or later and the poors are the ones who will lose most of it becuase they are left alone at the end of the chain.
Is this fair ? If you still think in that way go with fiat and never look back, but we are here to make history.
BitFinnese
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October 09, 2018, 09:16:03 AM
 #328

That is why you should always remember that only invest what you could afford to lose.
Don't get greedy you are a perfect example for the newbies that they shouldn't put everything they got in something that is too risky.

I would say I agree with you that we should invest what we can afford to lose but there is something missing in there, the term research and study.  We should study whatever venture we have to make.  We must fully research it because it is not good to lose something in the end even though we can afford it.  As much as possible we should make sure to avoid losses especially when it comes to investment.  So, aside from  using the money that is "free", we must do our research very extensively.
Flagship11
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October 09, 2018, 07:05:42 PM
 #329

This is very unfortunate and I hate to hear stories like this. 
I hope things get better for you in the near future.
Silberman
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October 09, 2018, 07:39:02 PM
 #330

This story is same for everyone that came in early this year or last year ending. Everyone was too excited to notice the market was over priced.
It was very easy to tell that the market was overpriced and you did not needed to be an expert to know that was the case, if people were unable to see this it was their own fault, so I hope that they learn a lesson out of this, never invest in a market that has moved off so abruptly because sooner or later a crash will happen and if you invest at that time you are going to be the one that suffer the consequences.
Caxton10
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October 09, 2018, 09:14:38 PM
 #331

The time for becoming a millionaire within a short period by investing in cryptocurrency has long passed. Cryptocurrency investment nowadays involve a lot of technical decision making coupled with the ability to foresee currencies with potential to give you high ROI. To all those who came in when the market was booming, it is my hope that things will turn around so as to restore the confidence you have in crypto.
godgift.gn
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October 10, 2018, 03:11:16 AM
 #332

I am good when i joined crypto currency like bitcoin and those who are using this for good and they have balance in life then i think they will not go bankrupt.
Omega Weapon
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October 10, 2018, 10:40:56 PM
 #333

First, this is not my story, this is a story that a couple, their happiness may be shattered when the husband invests in cryptocurrency and now he is in danger of losing all the money he has invested. And this is the whole story told by the husband
  "In early 2017, I went out with a bunch of friends and heard about a new investment field, cryptocurrency, and at that moment, the field seemed not to be a trend, so I just laughed and ignored it. However, as you know, the storm came in August and October of 2017, the news and media constantly talk about the strong growth and terrible price of bitcoin and of course, I've heard a lot of people become millionaires in that time. Although I have been very careful and understand that high profits will come with high risk but over time, the curiosity and the constant news attacked me, which made me plunge into investment.

   And a series of tragedies began to take place from here, in the first stage, I was still very careful and calculating, not greedy but this job is really too much pressure, the market situation makes me tense and tired. In addition, the news and people constantly gave me confidence and made me hope the price of bitcoin increased to $50k and because of that, I decided not to sell anything and then as everyone knows, the market has begun to decline in 2018. Again, I continue to comfort and encourage myself, everything will be fine, I'm still profitable, bitcoin will increase again, so I searched the bottom of the bitcoin and started throwing money into the altcoin and holding on to the long term.

   And life is not a dream, the price of the whole market fell, bitcoin almost touched 6k and the common mentality of everyone, seeking restoration and light of hope. I became a short-term trader but with the horror of the market, my capital began to become smaller and smaller, until one day, I almost lost everything, mental breakdown, depressed mood and depression, a very inhibitory emotion, all created something very chaotic, often arguing with my wife unreasonably."

And here is my comment on this story, never think you can become a millionaire in this market when you are just another prey of the other, whales always create beautiful scenery and pictures of the future, that is not true. Play with passion, instead of playing with greed and everything we have, accumulate more experience and absolutely should not give up the main job.

What is your opinion of this story?
Many concentrate in the few stories of individuals making fortunes out of the market because they want to believe they could be the next, but the truth is the story is a lot more common than what many people think but many are afraid to recognize that they made a mistake when they invested in this market and prefer to hide that information, let this story be a lesson to all of us if you're not careful you can lose all your money.
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October 11, 2018, 04:17:34 AM
 #334

First, this is not my story, this is a story that a couple, their happiness may be shattered when the husband invests in cryptocurrency and now he is in danger of losing all the money he has invested. And this is the whole story told by the husband
  "In early 2017, I went out with a bunch of friends and heard about a new investment field, cryptocurrency, and at that moment, the field seemed not to be a trend, so I just laughed and ignored it. However, as you know, the storm came in August and October of 2017, the news and media constantly talk about the strong growth and terrible price of bitcoin and of course, I've heard a lot of people become millionaires in that time. Although I have been very careful and understand that high profits will come with high risk but over time, the curiosity and the constant news attacked me, which made me plunge into investment.

   And a series of tragedies began to take place from here, in the first stage, I was still very careful and calculating, not greedy but this job is really too much pressure, the market situation makes me tense and tired. In addition, the news and people constantly gave me confidence and made me hope the price of bitcoin increased to $50k and because of that, I decided not to sell anything and then as everyone knows, the market has begun to decline in 2018. Again, I continue to comfort and encourage myself, everything will be fine, I'm still profitable, bitcoin will increase again, so I searched the bottom of the bitcoin and started throwing money into the altcoin and holding on to the long term.

   And life is not a dream, the price of the whole market fell, bitcoin almost touched 6k and the common mentality of everyone, seeking restoration and light of hope. I became a short-term trader but with the horror of the market, my capital began to become smaller and smaller, until one day, I almost lost everything, mental breakdown, depressed mood and depression, a very inhibitory emotion, all created something very chaotic, often arguing with my wife unreasonably."

And here is my comment on this story, never think you can become a millionaire in this market when you are just another prey of the other, whales always create beautiful scenery and pictures of the future, that is not true. Play with passion, instead of playing with greed and everything we have, accumulate more experience and absolutely should not give up the main job.

What is your opinion of this story?

It is just the unlucky case. All the responsibility for the investment lays only on our own shoulders so no one or nothing is there to blame. Be smart while investing. First get a deep knowledge about your object of investment. If you invest smartly and at the right time you can make a really good money. No one guarantees you a millionaire's income right away but you can improve your financial state for sure.

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