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Topic: SELL EVERYTHING!!!!! - page 40. (Read 5812 times)

newbie
Activity: 82
Merit: 0
January 17, 2018, 08:12:12 PM
#7
I followed your advice. I sold everything. I sold my house, my car and even my underwear. Now I'm naked in the street, writing from a stranger's phone. What do I do now?
member
Activity: 266
Merit: 27
January 17, 2018, 08:10:50 PM
#6
I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

just because you lost your money that doesn't mean we should sell our cryptos lmao. You should have known from the beginning how risky it is to daytrade. You should have had some "play" money and quite a substantial hold-portofolio.

Your point with "if you make 1 dollar, someone else lost 1 dollar" applies in stocks, gambling etc. If you were to find a 1 dollar bill on the ground, that means someone lost 1 dollar. Don't get oversensitive

alts sucking the btc? btc dominate? btc doesnt have to dominate, Jesus Christ you are spewing nonsense. I could give you right now a list of 20 alts which have GROUNDBREAKING technologies and tackle problems the world currently faces. SOME alts deserve to rise, other deserve to burn
newbie
Activity: 123
Merit: 0
January 17, 2018, 08:00:24 PM
#5
The market is starting to warm up today!
member
Activity: 170
Merit: 10
Earn with impressio.io
January 17, 2018, 06:16:30 PM
#4
I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

Not all project, tokens, coins are scam like pyramiding scheme. we all know that there are lots of scams here in cryptocurrency but not all. There are still coins with good project. There are still coins who has alot of potential in the future so why sell them. hold them and earn profit from it
legendary
Activity: 2562
Merit: 1441
January 17, 2018, 05:27:02 PM
#3
I'm gonna be honest with you all , i have been trading/investing since 2017.

I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.

This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

....

If you want another perspective, the best trading strategy for bitcoin over the long term is *debatably* buying and holding. The daily price volatility (in percentage) isn't high enough to make day trading especially viable. There is higher volatility and potential profits to be had day trading penny stocks. Cross platform arbitrage may be the only crypto trading strategy which has a chance of beating long term buy and hold.

I agree many alts like ethreum and bitcoin cash profit at the expense of newer and less experienced demographics who buy those overpriced assets during their dump cycle when the price is wildly falling, mistakenly believing the value will shoot back up again.

Labeling the crypto market a pyramid or ponzi scheme however is going too far. It is true altcoins derive a large portion of their value from bitcoin. That doesn't make it a pyramid scheme. You could make a case for altcoins and crypto currencies, aside from bitcoin, being overvalued in proportion to their growth or fundamental metrics.

But profiting off of consumer lack of knowledge or false media campaigns is a pretty normal and everyday thing in terms of consumerism driving consumption. That aspect of things doesn't imply ponzi scheme/pyramid.
newbie
Activity: 84
Merit: 0
January 17, 2018, 03:47:01 AM
#2
Bitcoin has soared and plummeted, playing with a heartbeat, which is actually better for investors with high risk tolerance, because there is a lot of risk here. Bullish sentiment will naturally push up the price of bitcoin, and some political factors will have a big impact on the price of bitcoin.
full member
Activity: 212
Merit: 101
January 17, 2018, 03:30:35 AM
#1
I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
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