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Author Topic: Crypto is fake shit  (Read 1235 times)
coinfinger
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March 14, 2020, 02:42:01 PM
 #121

What about those people that are day trading full-time, are they stupid as well? Because, I know for sure that nobody would leave what he or she is doing to go into trading full-time when it’s not benefiting them. The truth is that trading does not benefit everybody and over 90% of those who are trading a day are losing their money.

So, if it’s not benefiting you, you should look for another means to make income. I can remember when I was into binary options trading some people who lose their money because they don’t understand how options trading works starts to say that the platforms are scammers and starts giving them a bad rating. But you shouldn’t blame the platform, you should blame yourself for not knowing it and still going into it despite the warning that there are risks involved.
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March 15, 2020, 01:37:30 AM
 #122

Crypto has its ups and downs, just like forex, stocks and every form of the financial markets. The only issue is that the cryptocurrency market is decentralized and unregulated, giving a few wealthy people the opportunity to manipulate the market and determine the value of several crypto. I believe this is the issue which has gotten some persons disenchanted about the industry.
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March 15, 2020, 05:29:18 AM
 #123

in fact, they are also not 240 billion real dollars, they are only accumulated from the total supply of each currency, so that the amount is approximately large.in fact, if you ask if there is money backing up for the same amount, of course you are still in doubt.
some people who have been encrypted for a long time will not be easily tricked or cheated, unlike those who have just joined.
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March 15, 2020, 05:48:50 AM
 #124

in fact, they are also not 240 billion real dollars, they are only accumulated from the total supply of each currency, so that the amount is approximately large.in fact, if you ask if there is money backing up for the same amount, of course you are still in doubt.
some people who have been encrypted for a long time will not be easily tricked or cheated, unlike those who have just joined.

there is really no guarantee that the crypto fraud case is not only affected by those who have recently joined, but it is also certain that some have been affected. because we cannot deny that the day of fraud is even more advanced. so actually there must be cooperation to be deceptive like this can be eradicated. by always providing accurate information about a project or anything openly for those who really know.

but firmly believe that crypto will return to the right track and will be of benefit to many who follow. we must believe that.
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March 15, 2020, 06:18:12 AM
 #125

Look their are pros and cons to everything. If you have only faced the worst side of cryptocurrency market then it does not mean everyone here has faced the same.

No body has asked to invest or trade in Cryptocurrency, you did it and you should have done you own research before doing it. You are responsible for your own shit, we are not, so stop blaming .

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March 15, 2020, 07:18:21 AM
 #126

Look their are pros and cons to everything. If you have only faced the worst side of cryptocurrency market then it does not mean everyone here has faced the same.

No body has asked to invest or trade in Cryptocurrency, you did it and you should have done you own research before doing it. You are responsible for your own shit, we are not, so stop blaming .

Yeah, some people come into crypto with such high hopes and by the time things don't go their way then they go nuts and started taking it out on btc, they fail to accept their responsibility for investing on crypto,
Anyone who invest in this space did it on their own free will without any pressure and as such should be ready to accept whatever outcome from it.

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March 15, 2020, 08:48:40 AM
 #127

It always surprises how btc haters will come on the forum and talk trash after they have lost money, they will not come to the forum before they invest and seek advice from experience forum members or do their due diligence on the crypto market and understand that the market is very volatile, which means anything can happen at anytime,
If you lose your investment because of your own ignorance don't blame it on btc, blame yourself, you are old enough to make your own decisions.
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March 15, 2020, 12:40:41 PM
 #128

Hahah, when we are in bull - everyone puts crpyo od piadestal and when we change state to bear topics like this are gowing like a mushrooms after rain..
We will see what is happening on the long term.
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March 15, 2020, 12:53:37 PM
 #129

Crypto has its ups and downs, just like forex, stocks and every form of the financial markets. The only issue is that the cryptocurrency market is decentralized and unregulated, giving a few wealthy people the opportunity to manipulate the market and determine the value of several crypto. I believe this is the issue which has gotten some persons disenchanted about the industry.
None of the financial markets has been able to stabilize for a long time, and among the markets I know crypto is the most volatile as a small news is enough to make the entire market collapsed. However, this is still a very interesting place for you to invest and should spend a lot of time to research some new coins because most of these coins are very cheap.

By all means when participating in this market, you need to ensure profits and always believe in yourself.

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March 15, 2020, 01:06:38 PM
 #130

The scamming will continue for as long as there will be naive newbies who believe that they can invest in "good project", and it seems there's still plenty of such people. Nowadays most people know about the dangers of shitcoins, ICO scams, pump and dump and so on, but somehow they believe that they posses the skills to avoid it. and this is where they are wrong. My advice is just stick to Bitcoin, it can't be manipulated in the long run and it's the least risky coin in this whole market.
But it’s hard to make money on one bitcoin.
I would advise you to analyze each project before investing in it.

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March 15, 2020, 01:21:22 PM
 #131

This is in part due to our fault as well. The mainstream media uses scam projects such as PlusToken to demonize the entire cryptocurrency sector. As early adopters, we should have done more to differentiate Bitcoin and established altcoins such as Ethereum and Litecoin from these new scammy projects. And even more worryingly, the governments are using this excuse to impose draconian KYC requirements on all cryptocurrency users.
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March 15, 2020, 01:24:43 PM
 #132

The scamming will continue for as long as there will be naive newbies who believe that they can invest in "good project", and it seems there's still plenty of such people. Nowadays most people know about the dangers of shitcoins, ICO scams, pump and dump and so on, but somehow they believe that they posses the skills to avoid it. and this is where they are wrong. My advice is just stick to Bitcoin, it can't be manipulated in the long run and it's the least risky coin in this whole market.
But it’s hard to make money on one bitcoin.
I would advise you to analyze each project before investing in it.
why difficult? I ventured to trade bitcoin a little while ago. I can benefit even though small from the trade that I do. it is indeed risky, we must consider the bitcoin trading costs which are quite high compared to other assets. but all depends on how our abilities and skills.
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March 15, 2020, 01:44:55 PM
 #133

Crypto is not fake and crypto is not shit. For those who got scam all blame that crypto is fake shit, review yourself and ask yourself why you got scam, and remember not to do that again.
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March 15, 2020, 02:00:41 PM
 #134

The scamming will continue for as long as there will be naive newbies who believe that they can invest in "good project", and it seems there's still plenty of such people. Nowadays most people know about the dangers of shitcoins, ICO scams, pump and dump and so on, but somehow they believe that they posses the skills to avoid it. and this is where they are wrong. My advice is just stick to Bitcoin, it can't be manipulated in the long run and it's the least risky coin in this whole market.

Yes, bitcoin is more reliable for investment than any other altcoin. But from the point of view of short investments, altcoin is often more profitable. We know that when the market falls, it is more profitable to hold bitcoin, and when we expect the cryptocurrency market to grow, it is better to invest in altcoins, which have fallen much more than bitcoin and which will have to grow stronger than BTC.

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March 15, 2020, 03:14:17 PM
 #135

The scamming will continue for as long as there will be naive newbies who believe that they can invest in "good project", and it seems there's still plenty of such people. Nowadays most people know about the dangers of shitcoins, ICO scams, pump and dump and so on, but somehow they believe that they posses the skills to avoid it. and this is where they are wrong. My advice is just stick to Bitcoin, it can't be manipulated in the long run and it's the least risky coin in this whole market.

Yes, bitcoin is more reliable for investment than any other altcoin. But from the point of view of short investments, altcoin is often more profitable. We know that when the market falls, it is more profitable to hold bitcoin, and when we expect the cryptocurrency market to grow, it is better to invest in altcoins, which have fallen much more than bitcoin and which will have to grow stronger than BTC.
You are right, whatever the assets are, I think planning the right time is the key to profit. many people fail to profit because of panic at seeing a small pump or small drop. but overall each coin has its character. we must study the graphs of their movements to find out.

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March 15, 2020, 04:00:40 PM
 #136

It could be painful when someone lose money like the recent price dump in the space and at times I try to think this whole thing is also a shit but as yourself how is the stock market also doing. Have you ever made money in the space before? if your answer is yes, then your problem is money and fund management most people think anytime then trade they must make profit and this is a very wrong assumption because nothing in life is quarantined, you win some and lose some, just make sure that your wins are more than loss

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March 15, 2020, 04:14:40 PM
 #137

Indeed there are too many fraud projects that exist today, and it all depends on you to choose and know, if the project that you are investing is smelly scam or not.

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March 15, 2020, 04:24:01 PM
 #138

you sound fake. you sound like a bounty hunter that has lost everything you worked for. you just has focus on what kind of crypto project you focus and invest on. stop promoting scams that been shared on every platform thinking of making a huge deal out of it. it is advisable to stick with the top crypto on the CMC. you will definitely not regret it. don't spend time.

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March 15, 2020, 04:34:27 PM
 #139

It could be painful when someone lose money like the recent price dump in the space and at times I try to think this whole thing is also a shit but as yourself how is the stock market also doing. Have you ever made money in the space before? if your answer is yes, then your problem is money and fund management most people think anytime then trade they must make profit and this is a very wrong assumption because nothing in life is quarantined, you win some and lose some, just make sure that your wins are more than loss
many beginners who think can make a lot of money and a short time in the crypto world, they do not calculate the risk and sharpen their knowledge about crypto. if the situation happens like this, then they are very sorry and eventually worsen the atmosphere by spreading negative news about their experiences

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March 15, 2020, 06:12:06 PM
 #140

I want to respond to this topic that, cryptocurrency is not fake, it is real. the thing is that there are fake projects, but that does not make the entire cryptocurrencies fake.
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