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.
Topic: Many cryptocurrency players have gone bankrupt - page 15. (Read 22048 times)
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.
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.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.
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!
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.
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. 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 .As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
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 . As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
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.
in my opinion, not all cryptocurrency players are bankrupt.
why can you say that, because everyone's principles are not the same, some of them have long-term thoughts for the future, maybe for a cryptocurrency player to go bankrupt, only a mistake in managing the steps going forward.
why can you say that, because everyone's principles are not the same, some of them have long-term thoughts for the future, maybe for a cryptocurrency player to go bankrupt, only a mistake in managing the steps going forward.
it seems that what you say is not true because there are so many traders who can benefit because they already understand the right way to trade and the right way to trade, so what you say is wrong because there are still many people who benefit from cryptocurrency.
Do you think everyone in this investment has the skills, patience and knowledge? not all users have that dude, many people only rely on recklessness and capital then invest and they are very likely to lose even bankrupt in that investment...
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 .
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
What are your facts?, Bring them on, includng your data sources and let s vet them properly. You cannot just use the word "Many" to generalize an issue in a negative statement hoping crypto players on her will accept dogmatically.
People tend to judge general happenings with what happens in their immediate environment. I think this is one of such case.
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 .
I don't think that everyone who goes bankrupt from cryptocurrency, who has gone bankrupt is just the people who can't control the patience they have because to be able to benefit from trading you must be able to control the patience they have because that is the most important.
Knowledge is all that is needed in this space and luck can only be applicable to how far what you are holding ends up going in a short possible amount of time. For instance, some coins or tokens can end up giving as much as x10 or even more, while some can end up giving way less than you would have thought, but it is just part of the game of not knowing what the future holds for any coin. The main reason why so many have gone bankrupt is just misinformation and the wrong mindset they have placed themselves in before investing into the market.
I don't think that everyone who goes bankrupt from cryptocurrency, who has gone bankrupt is just the people who can't control the patience they have because to be able to benefit from trading you must be able to control the patience they have because that is the most important.
Luck is not allowed here in crypto currencies, so if you don't want to lose, don't be a player but be a crypto itself literally. Find the alternative way or always make a plan B, C and D. Learn from mistakes and find a useful experience to those who win this game. Grow up time to time and never make excuses when you made a mistakes and move on of course.
Probably because that only happens when you are a bad investor and do not have any strategy to match your assets, what you need is calm and waiting for a chance. Do not worry too much.
Back to the investment of electronic money in general, Bitcoin in particular, similar to stock but with the level of fast and continuous fluctuations Bitcoin investors can win very large in a short time, the reverse can also lose money very quickly in the same time. But Bitcoin never goes bankrupt because Bitcoin is always worth it.
Eh, that's not very pleasant news. Many went bankrupt, but some, on the contrary, increased their monetary assets.
There was a perception last year about cryptocurrency that it's an easy way to gain profit and not only profit but huge gains and at a certain point it seemed true. People earned a lot of money in a short time of four to six months. But thing are not always the same, it has the potential to make you rich but you have to keep in mind that it can also dug you into ground.
Jump to: