Quote from: stomachgrowls on August 10, 2018, 01:25:44 PM

Quote from: matchi2011 on August 08, 2018, 12:41:52 PM

Quote from: Clemcout on August 08, 2018, 12:04:38 PM

Quote from: deus030518 on August 07, 2018, 12:45:09 AM

Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.

We all know this fact that there is a lot of risk involved at time when you go for investing your money into any of the crypto currency as there are number of things which you have to consider before making any kind of decision. There are certain investors who have failed to make any kind of fruitful earning because of investing in crypto currencies and that is just because of their own silly mistakes and lack of knowledge along with poor control over their emotions.

Well said mate, those who invested without doing deep research and thinks that crypto can be the easy way to attained financial stability, now they are those people who are suffering with deep loses and because of emotions they become stress and ending up losing more than achieving their goals of having a good benefits with crypto industries.

On most cases those who just engage their selves into crypto because they are just being hyped or do being told by someone then they are most likely the ones who lose up money easily but even though there are still experienced investors or traders who are still into this situation. If theres someone who gains then there would be definitely someone who lose up money in exchange. On the current situation of the market I'm pretty sure that investors are gradually losing up confidence to invest too much in crypto once again.

Yes, and this is why it turned into a virus. That major hype caused people to jump into it without thinking about what they were doing. I've spoken to lots of people who bought bitcoin near the peak last winter. These people have no idea about trading, about technical levels, about finance in general. They just heard from their cousin or friend or taxi driver about a pot of gold and ran to the end of the rainbow only to find it was already overturned and looted. No wonder the market crashed so quickly.

I'm hoping confidence rebuilds, but in a more calm and rational manner so we see some longevity.

maryriver

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