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Author Topic: LOSS TO BAD CRYPTOCURRENCY INVESTMENT  (Read 312 times)
upyem2k (OP)
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July 13, 2019, 09:51:52 PM
 #1

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.
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July 14, 2019, 07:36:26 PM
 #2

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.

As long as a person does not stumble, he will not be cautious, everyone invested trusting in well-known traders who told tales of great growth, but suffered losses. As you correctly noted, you cannot constantly listen to experts, you yourself need to study the information and analyze for future investments.
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July 14, 2019, 10:52:45 PM
 #3

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.

People who invested in Eth when it hit $800 are still a long way to recover but I doubt if the majority of them are still holding those Eth they bought at $800, it's going to be a very long wait for them to recover the expected wait could happen next year.
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July 14, 2019, 10:55:37 PM
 #4

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.

People who invested in Eth when it hit $800 are still a long way to recover but I doubt if the majority of them are still holding those Eth they bought at $800, it's going to be a very long wait for them to recover the expected wait could happen next year.
Are you not seeing if the ethereum's condition right now is different caused by the majority of exchange sites are using they're its own token? They are not using ethereum directly to raise the funds. They are not interesting use ethereum again as the main crypto to raise the funds a difficult thing when it comes to the competition with exchange site.

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July 14, 2019, 11:41:07 PM
 #5

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.
While you are talking about the volatility then the market started to go on correction again. It's correct to say that at least be careful with your investments because if you have invested to a wrong coin the chances of recovery is too low.

And for those well known coins, you have a big chance of recovery but it's a matter of time on how long you shall hold it. If you have what it means to become a long term holder, you'll soon harvest the results of your patience.

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July 15, 2019, 01:35:03 AM
 #6

The main problem with their bad investment last 2017 bull run is they ride on the hype and forgot the most important information on crypto investment which is its deadly volatility.

when the price starts to rise again this year crypto enthusiast knows how to deal with the situation and they not rushing again like they did last time.
the perfect timing to buy Bitcoins or some other Altcoins today is waiting for it to go dip down again and buy some that you only can afford to lose because buying at its peak price this year has some brutal consequences. especially after you bought some and saw the price continue to fall.

We have learned our lesson last time, let's not make the same mistake this time and wait for the right time to buy some bitcoins or Altcoins.


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July 15, 2019, 03:08:47 AM
 #7

crypto prices are very volatile, everyone who knows crypto for a long time must have known this crypto nature, not only the advantages but disadvantages are also considered if playing crypto, because a little made a mistake when investing, the money will be lost and have to wait so long that the money back again.
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July 15, 2019, 03:34:37 AM
 #8

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.

People who invested in Eth when it hit $800 are still a long way to recover but I doubt if the majority of them are still holding those Eth they bought at $800, it's going to be a very long wait for them to recover the expected wait could happen next year.

yes I agree with you, if they have knowledge of this investment they must have sold it. and at this time maybe they are buying more because they believe there will be a price increase in the future.

I personally bought ethereum and bitcoin at the highest prices, but after I knew the conditions were not predictable, I sold it. and look at me now, I'm not part of those who lose and now I can still survive with my first investment fund, the most important thing is that I can still make a profit.
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July 15, 2019, 04:15:22 AM
 #9

People should start using rational approach to the market rather than an emotional one. A lot are buying out of FOMO. That is one trap that will put them into loss. A lot are selling out of fear once again. That sealed their loss. They seem not to be doing steps out of their minds, many are making decisions our of what they feel. A bull run is not a time to buy, it is a time to consider selling. 
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July 15, 2019, 05:12:06 AM
 #10

Every investment must have risks, it's just that they are too greedy which makes them careless to start their investment in crypto. Not just buying low and selling high, but there are many other considerations and analyzes that must be done before investing in crypto.

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July 15, 2019, 05:29:00 AM
 #11

We have all made a bad choice at one point and the other in the crypto market but i guess we have all put that behind, we just need to be careful not to make a wrong investment again in the crypto market.
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July 15, 2019, 07:09:43 AM
 #12

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.

A lot of people have made many bad moves. Even me, for all the good that I have experienced I made many bad moves also. I will be honest and say I am happy because the 1 good move (Bitcoin) made up for all the bad moves (altcoins and poor ICOs),,, so in the end I did not lose money I still have equal possessions in USD. Overall I LOST BTC but thanks to 10k price I am back at parity.

I will not be disappointed anyway because all money invested was money I was willing to lose. The same should be for everyone.

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July 15, 2019, 08:03:25 AM
 #13

People are smarter today thats my opinion. They should've learned a lot of over this past years. The market is evolving and we should too lol thats a little cheezy  Grin
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July 15, 2019, 12:09:39 PM
 #14

Carefulness is a must for everyone who enters the crypto scope, whether for trading or investment. Why? As already explained, crypto is full of risks. Crypto is very volatile and not stable. Therefore, without caution and smart and appropriate decisions, the possibility of loss, scammed, and buying shitcoins is very large. Moreover the too bad cryptocurrency with very low value, it will make us lose easily.

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July 15, 2019, 12:17:10 PM
 #15

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash and invested in them base on predictions of those they think to be experts in the cryptocurrency trading without doing their personal study of market trend.

A whole lots of them invested into buying and keeping of ethereum for a long term at $800/ETH and today, the hardly recover 40% of the amount invested.

Another bull run is here. People should be careful with their investment into cryptocurrency and understand the volatility of it before making an investment.

People who invested in Eth when it hit $800 are still a long way to recover but I doubt if the majority of them are still holding those Eth they bought at $800, it's going to be a very long wait for them to recover the expected wait could happen next year.
Are you not seeing if the ethereum's condition right now is different caused by the majority of exchange sites are using they're its own token? They are not using ethereum directly to raise the funds. They are not interesting use ethereum again as the main crypto to raise the funds a difficult thing when it comes to the competition with exchange site.
Your argument seems baseless to me, many exchange still use bitcoin and ethereum as the major cryptocurrency to raise funds. In the other hand, their own token trade against btc and eth and that still makes it important

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July 15, 2019, 12:20:55 PM
 #16

Since the bull run in the year 2017, a lot of people have made one or more bad moves of investment resulting in loss of their hard earned income. Some people see the rise in the price of bitcoin, ethereum and their kinds as a means of making quick cash ...

It is a quick cash if you hold them and not trade. If you trade you can lose half of your wealth in few days. Just dont do it and you will be fine.
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July 15, 2019, 01:00:39 PM
 #17

Although every market has fluctuations and ups and downs but i agree with you about the dangerous volatility that is unique to crypto market but i think real bull run will occur next year.

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July 15, 2019, 01:02:56 PM
 #18

Things don't turn out as many expected including myself,i invested in sparkster project last year with 2 ETH and I'm already in huge loss but i believe that once bitten is twice shy,next time I will be more careful

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July 15, 2019, 01:07:31 PM
 #19

That is the problem. They tend to turn to altcoins for a larger amount of profit even if the risk is higher.
First, why not choose the main crypto currency which had gained popularity already. Bitcoin.

Now after that you could maybe go invest with the 2nd placer.
But never leave everything in just one basket.
Diversifying might be the best idea since every crypto currency now is unpredictable.
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July 15, 2019, 01:18:04 PM
 #20

As long as people or investors are have enough knowledge about investment that they involved there is a big possibility that they can survive because they already know what to do in every situation that can experienced. But following about prediction of the crypto market is not advisible because no one knows what will happened next especially in crypto price value. So the result of your loss and success depend on your decisions and strategies.
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