Quote from: domoy77 on August 02, 2021, 04:41:27 PM

Quote from: Galley on August 02, 2021, 02:06:49 PM

People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.

I don't understand what you mean by this phrase, it's more verbose and unclear, can you describe it in clearer words about losing money, because generally people who have lost money will not easily trust others

I believe that he was basically trying to explain that the losses of some people are gains for others which is practically right. This is part of the market as we know, we can all not make profits and I believe some of us have mentioned this before. However, I do agree that losses even though are unavoidable in the market are mostly due to Fomo and lack of knowledge of the projects being invested in and the market situation by the investor.