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Topic: Many cryptocurrency players have gone bankrupt - page 2. (Read 22008 times)

full member
Activity: 532
Merit: 185
If you just buy bitcoins when the price is up 5-10% in a week and then panic sell the month after when the price is down 20% then you will lose your investment fast.
If you are a serious trader then you need a plan for when to enter the market and when to leave again, shorting bitcoins are also a possibility, I know a lot of traders made huge fortunes that way in 2018
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Well yes that happen and many investors can't recover investments if buy on bull run, but i think if they will hold until next bull run will can recover investments and also they can make a good profit.


Sadly profits are not guaranteed. Crypto wild-west has more losers than it has winners....
hero member
Activity: 1414
Merit: 516
Well yes that happen and many investors can't recover investments if buy on bull run, but i think if they will hold until next bull run will can recover investments and also they can make a good profit.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Many investors reply on hedging their investment, spreading out across several coins. They hope and aim to recoup their investment with profit by at least one of them coming good while accepting the others will fail.
full member
Activity: 1470
Merit: 103
COMBO 2.0
I think the market have shaked everyone but the players that went bankrupt actually didnt analyse the market well as it should be their top most priority and since they are doing really bad handling their business that should be expected But most project just lost funds that are still in crypto but they learned and things are moving on now
member
Activity: 548
Merit: 12
I myself am a person who often plays on cryptocurrency, especially trade and investment, but I am not bankrupt. even me is someone just starting and learning this.
We cannot avoid losses, but profits can always cover all my losses. I think everyone knows and is more careful because they know that here is very risky.
hero member
Activity: 2226
Merit: 834
The players that went to bankrupt are those players who are not preapred dont have any plan if theres a problem that they will encounter and some are new players in the world of crypto they invest because they knew the profit is huge.

The players who went bankrupt in crypto , were not players at all. They were mostly newbie who did not have know how of trade and they just jumped into bitcoin trading to make quick money, but eventually they realized that it is not easy to make money in crypto.
member
Activity: 361
Merit: 17
Some of them are blinded by their greediness and because they want to just make money, before you know it they start complaining they have gone bankrupt. That is why you should check out the crew that are running any exchange to know if they are professionals.

To say the list again is that, many investors put everything they have on one coin expecting that a miracle will happen for them, they forget that you don't put everything you have in one line of business.

And they don't make research on the project too. If you don't do a research, there is no way you can know a fake project.
If you are a well experience investors, we already know when in is the right time to invest and when is the time to hold. I think that those players who have gone bankrupt surely are just new into this kind of fields and even have that enough knowledge to make their investment stable and could resist in times of market crisis. If we can make it, then we could assured that nobody would loss our money.

And when is the right time to quit and just comeback when the situation improved. I also agree that those big players didn't go bankrupt or something, they just exited on time maybe liquidated some of their crypto assets.

But I'm sure they will comeback again when they see that the market is gearing up for the next bull run. Not everyone has the mentality to stay long in any market, that's why we have FOMO, and this market is not an exception.
To top it up. No genuine crypto player will go bankrupt because they have already have the require knowledge about the market surge trend and the fake crypto player will go bankrupt because they only thing they usually do is panic sell their holding to cut losses while the real crypto player will accumulate more coin hold tight their coins.

Meanwhile, crypto is more of an assets than currency which I believed they definitely switch to another investment which they make money from and use it to accumulate more coins.
In cryptocurrency field, it required a big risk and a very tough way to earn a great income. Men may immediately go bankrupt in a very short period of time. Therefore, to me it's quite normal when players have gone bankrupt in this market. However, we would find out some common mistakes that bankruptors used to make. Yep, it's the preparation about knowledge. Honestly, if one couldn't guarantee his knowledge, rarely does he stand long-time in a tough market. Moreover, some skills are required such as perseverance, diligence, decisive and that sort of thing. Many of us who take part in crypto market, are all risk taker; thus, bankrupt players are possibly popular.
full member
Activity: 821
Merit: 101
The players that went to bankrupt are those players who are not preapred dont have any plan if theres a problem that they will encounter and some are new players in the world of crypto they invest because they knew the profit is huge.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
Some of them are blinded by their greediness and because they want to just make money, before you know it they start complaining they have gone bankrupt. That is why you should check out the crew that are running any exchange to know if they are professionals.

To say the list again is that, many investors put everything they have on one coin expecting that a miracle will happen for them, they forget that you don't put everything you have in one line of business.

And they don't make research on the project too. If you don't do a research, there is no way you can know a fake project.
If you are a well experience investors, we already know when in is the right time to invest and when is the time to hold. I think that those players who have gone bankrupt surely are just new into this kind of fields and even have that enough knowledge to make their investment stable and could resist in times of market crisis. If we can make it, then we could assured that nobody would loss our money.

And when is the right time to quit and just comeback when the situation improved. I also agree that those big players didn't go bankrupt or something, they just exited on time maybe liquidated some of their crypto assets.

But I'm sure they will comeback again when they see that the market is gearing up for the next bull run. Not everyone has the mentality to stay long in any market, that's why we have FOMO, and this market is not an exception.
To top it up. No genuine crypto player will go bankrupt because they have already have the require knowledge about the market surge trend and the fake crypto player will go bankrupt because they only thing they usually do is panic sell their holding to cut losses while the real crypto player will accumulate more coin hold tight their coins.

Meanwhile, crypto is more of an assets than currency which I believed they definitely switch to another investment which they make money from and use it to accumulate more coins.
hero member
Activity: 2842
Merit: 772
Some of them are blinded by their greediness and because they want to just make money, before you know it they start complaining they have gone bankrupt. That is why you should check out the crew that are running any exchange to know if they are professionals.

To say the list again is that, many investors put everything they have on one coin expecting that a miracle will happen for them, they forget that you don't put everything you have in one line of business.

And they don't make research on the project too. If you don't do a research, there is no way you can know a fake project.
If you are a well experience investors, we already know when in is the right time to invest and when is the time to hold. I think that those players who have gone bankrupt surely are just new into this kind of fields and even have that enough knowledge to make their investment stable and could resist in times of market crisis. If we can make it, then we could assured that nobody would loss our money.

And when is the right time to quit and just comeback when the situation improved. I also agree that those big players didn't go bankrupt or something, they just exited on time maybe liquidated some of their crypto assets.

But I'm sure they will comeback again when they see that the market is gearing up for the next bull run. Not everyone has the mentality to stay long in any market, that's why we have FOMO, and this market is not an exception.
legendary
Activity: 2674
Merit: 1048
That's because they are not really prepared for the possible things may happen with their investment. They to much confidence that prices will continue to pump with thinking for the drops occurrence. It gonna be a learning experience for them and for the next time, they will settle it first before making another strike or otherwise it could happen to them again.
It isn't problem for them who still hold bitcoin/cryptocurrency theirs have till this time. The wrong way is they decide to sell theirs asset when they lose, this type person as you said, come to invest without any understanding about cryptocurrency and even they follow what other people done.

The main factor to intend to investing is know how the place investment character, I guess for them who got a lots lost are investor who come in end of 2017, when hype came and some negative information attack cryptocurrency but he didn't know what should be do. Yeah, it should be learning for them, but for me an investor will do evaluate the result from their investment either he gets lose or he gets profit.
sr. member
Activity: 2800
Merit: 344
when lambo...
Some of them are blinded by their greediness and because they want to just make money, before you know it they start complaining they have gone bankrupt. That is why you should check out the crew that are running any exchange to know if they are professionals.

To say the list again is that, many investors put everything they have on one coin expecting that a miracle will happen for them, they forget that you don't put everything you have in one line of business.

And they don't make research on the project too. If you don't do a research, there is no way you can know a fake project.
If you are a well experience investors, we already know when in is the right time to invest and when is the time to hold. I think that those players who have gone bankrupt surely are just new into this kind of fields and even have that enough knowledge to make their investment stable and could resist in times of market crisis. If we can make it, then we could assured that nobody would loss our money.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Many Traders and investors has gone because of the price drop of bitcoin and maybe that's the reason. Being bankrupt isn't easy to recover when your loss is larger than your money now. Bitcoin price is the reason why some of the cryptocurrency players have gone. There patient isn't enough to become a Cryptocurrency Player because they lose there hope quickly that causes a negative effects on there daily experiences using cryptocurrency.
It surely can't be recover anymore if we quit and if we never find any solution with that. Many aren't have that patient and just letting their emotions to control their self thinking of leaving crypto. Their perceptions are totally wrong and maybe they could realize it now knowing that they wrong for their decisions. Cause a real player will play forever and stay stronger.
full member
Activity: 532
Merit: 148
Many Traders and investors has gone because of the price drop of bitcoin and maybe that's the reason. Being bankrupt isn't easy to recover when your loss is larger than your money now. Bitcoin price is the reason why some of the cryptocurrency players have gone. There patient isn't enough to become a Cryptocurrency Player because they lose there hope quickly that causes a negative effects on there daily experiences using cryptocurrency.
sr. member
Activity: 2310
Merit: 332
Some of them are blinded by their greediness and because they want to just make money, before you know it they start complaining they have gone bankrupt. That is why you should check out the crew that are running any exchange to know if they are professionals.

To say the list again is that, many investors put everything they have on one coin expecting that a miracle will happen for them, they forget that you don't put everything you have in one line of business.

And they don't make research on the project too. If you don't do a research, there is no way you can know a fake project.
member
Activity: 346
Merit: 10
People just don't know when to hold. Its as simple as that. Also people make sound decisions up until they sell a good crypto and then they freak out and buy a shit ICO with an over inflated price and it goes crashing back down to nothing. A lot of people got burnt from the ethereum smart contracts platform. There were a lot of cryptos that should not belong in the top 100 on coinmarket cap. One reason why i only look at fair launch cryptocurrencies, similar to Deeponion.
full member
Activity: 644
Merit: 113
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 .
They might lose but amount of many but the price have not turn to zero. The price is greater since it was started years ago. People who tried to get instant money are those who possibly lose amount. It's still best to accumulate more of coins, in no time price will even get higher. While the price is still affordable, it's better to buy and hold it in longer period of time. Just make sure that you'll store them in a secure wallet like Hodler or etherium. In this way you could gain greater return of investment.
hero member
Activity: 840
Merit: 516
Am I the only one that blames these exchanges whenever I hear that any of them went bankrupt ?
They should be blamed, cause any company that does it work well and manages their finance professionally will never go bankrupt.

Some of them are blinded by their greediness and because they want to just make money, before you know it they start complaining they have gone bankrupt. That is why you should check out the crew that are running any exchange to know if they are professionals.
sr. member
Activity: 429
Merit: 263
the op should provide data that is in accordance with the facts, otherwise this is only a conjecture and just an ordinary opinion.
there are still many crypto traders and users who are successful and survive in this situation.

Had you invested your crypto in (trusted) dice sites. You could have made profit by earning more crypto faster than the rate it was dropping. There are several trustworthy dice sites that have been around for years. Betking.io Cryptogames.net Yolodice.com If you have any questions about them send me a pm. This is why i love crypto passive income and house always wins longterm.
I'm not interested in bets, I realize it's an easy way to make a profit and survive in this situation. but the biggest risk is losing.
my emotions are unstable and that is not good for my finances.
thanks.

I don't bet dude... Im talkin about investing in the house bankroll. People place bets against the house but the house has a 1% edge, short term the house can lose money but longterm it always wins money.
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