Do people ever lose money in cryptocurrencies ?

in #bitcoin9 years ago

I have been trading for years in forex then gradually started in cryptocurrencies with bitcoin and a ton of research and how it works.

I have seen scam coins a lot "everywhere" some of these scam coins looks so legit like ethereum the one we didn't kill before it laid eggs like dash, dash and many more. They seem legit only because they really do have true potential to carry out their purpose.

however my question still is yet to be answered as I have not seen any complaints anywhere of persons actually losing a lot in crypto and If these persons exist. How did you go about losing ?

could this be because cryptocurrencies are easier to comprehend than the current finacial system " that if you lose money you call it the cost of learning and just go at it a gain and come out victorious ?" who knows?

Have anyone really found frustration whilst trading cryptocurrencies ? If you had you probably never read anything at all about what you spent your money on , just saying ...

My thoughts: Even if you find yourselves in a really bad position with some crappy coins that you bought into without an eye full of research and the feeling of being scammed is overshadowing you like shame, fear not. The only mistake you'll make is giving up. Just go research the technologies the coins and all and you'll be sure to get your money back in a few weeks.

Education is everything educate your self on crypto currencies .

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Anythoughts ? feel free to comment

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