How do feels losing money? - page 3.

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

Quote from: xSkylarx on April 25, 2023, 09:20:28 PM

Quote from: nesty on April 25, 2023, 08:15:02 PM

Quote from: Semar Mesem on April 18, 2023, 12:29:56 AM

Losing money with a large amount according to our calculations is an annoying thing, I have also experienced losing money with a large amount in my opinion especially since I have almost no other money so I have to owe it, especially if we store assets in high risk crypto so if we don't be aware that you will be easily exposed to a scam.

That is a frustrating experience you do not even know how to win back the money you had lost. That is why we need to research and study first before we will invest. Always remember to invest only what you can afford to loose otherwise you will be bankrupt. Yes crypto is a high risk investment, so next time do not invest all of your money into crypto we never know how long it would take for us to take profit. That is true there's a lot of scam evolving in the crypto world, that's why be smart in investing.

The problem with people now a days is that they always thing about the profit meaning they dont care on the risk when theu invest that is why the price drops a lot of people needs to panic sell just to prevent more loses, that is why knowledge is really a must before investing into something so that you are also prepared in worst case scenario

Exactly well said, people tend to try things that are "easy money" if they hear others earned a lot profit by doing things like investing and trading, not knowing their techniques and experiences. For sure it will just lead to loss of their funds. It should be a common action to deeply understand the concept of investing and trading and the common nature of it's risk. 50/50 is the always situation you'll get but you could reduce that probability if you have the prior knowledge and wise decisional making, if you lack those then the outcome would probably loss.

bitterguy28

full member

Activity: 2002

Merit: 175

★Bitvest.io★ Play Plinko or Invest!

This is not different from being hacked , because we will feel being cold and almost losing air in our body and mind after we learned about it.
I once a victim of hacking in which i never knew i was hacked not Until i checked my account and saw that it is already zero.
the only difference from us is that you trusted a friend instead of digging yourself if the office is legit and not a "Fly By Night office" in which mostly can be find if we will go there.
and also your friend , do you really trust him? or they are part of the team and the real victim here is only you?
sorry to say but trust is not that easy to be given mate.
learn to find everything yourself before releasing any amount in every investments .

DevilSlayer

sr. member

Activity: 1400

Merit: 357

Quote from: LastKiss on April 24, 2023, 04:20:54 AM

Quote from: JamesBorn on April 13, 2023, 11:24:03 PM

~snip~

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

That's why its important to use money that you can afford to lose so such feelings won't come to you when you're losing your money in a scam project. I once felt that when I lose my money in a project that becomes a scam after a few months of running cause when I did research the project is looking promising and had decent progress, I end up investing 500$ in that project and after few months I lost all my investment. I feels desperate at that time since its not money that I can afford to lose but I made that experience as a learning.

Losing hard earned money will lead you to have a negative emotion like regret, sadness, envy and many more. It's really hard espeically if you are in that kind of scenario. It will also be normal to ask yourself that "if you really deserve this kind of situation". I already experienced it many times but I became better and bettere because of this situations. The most important thing that we should have is the attitude that we have, the attitude that we will show not only to ourselves but to the people that we surrounded if experienced losing money. Losing money is inevitable and all of the businessman and investors must experience it to get on the another level for them to improve overall character, attitude and skills.

The risk is the reason why losing is inevitable but we can manage it by having right mindset, right knowledge and experience that we can use in order to become better. If you got scammed, there will only one thing that you should focus on. It is the right knowledge that you have, it seems that you've been blinded by the potential rewards that you can have and it is the reason why you lose huhge amount of money.

xSkylarx

hero member

Activity: 2352

Merit: 593

Quote from: nesty on April 25, 2023, 08:15:02 PM

Quote from: Semar Mesem on April 18, 2023, 12:29:56 AM

Losing money with a large amount according to our calculations is an annoying thing, I have also experienced losing money with a large amount in my opinion especially since I have almost no other money so I have to owe it, especially if we store assets in high risk crypto so if we don't be aware that you will be easily exposed to a scam.

That is a frustrating experience you do not even know how to win back the money you had lost. That is why we need to research and study first before we will invest. Always remember to invest only what you can afford to loose otherwise you will be bankrupt. Yes crypto is a high risk investment, so next time do not invest all of your money into crypto we never know how long it would take for us to take profit. That is true there's a lot of scam evolving in the crypto world, that's why be smart in investing.

The problem with people now a days is that they always thing about the profit meaning they dont care on the risk when theu invest that is why the price drops a lot of people needs to panic sell just to prevent more loses, that is why knowledge is really a must before investing into something so that you are also prepared in worst case scenario

nesty

full member

Activity: 518

Merit: 184

Quote from: Semar Mesem on April 18, 2023, 12:29:56 AM

Losing money with a large amount according to our calculations is an annoying thing, I have also experienced losing money with a large amount in my opinion especially since I have almost no other money so I have to owe it, especially if we store assets in high risk crypto so if we don't be aware that you will be easily exposed to a scam.

That is a frustrating experience you do not even know how to win back the money you had lost. That is why we need to research and study first before we will invest. Always remember to invest only what you can afford to loose otherwise you will be bankrupt. Yes crypto is a high risk investment, so next time do not invest all of your money into crypto we never know how long it would take for us to take profit. That is true there's a lot of scam evolving in the crypto world, that's why be smart in investing.

chrisculanag

full member

Activity: 1344

Merit: 103

Quote from: Mahanton on April 24, 2023, 06:45:59 PM

Quote from: chrisculanag on April 24, 2023, 06:32:45 PM

Quote from: xSkylarx on April 24, 2023, 04:44:29 AM

It is okay to feel your losses in a day or two, but we need to make sure to learn what was the mistake we made that caused us to lose that, like scrutinize it and learn from it, then move on and then proceed to another investment so that we can cope with the losses and try to evade those mistakes. Also, it is really useless if you just stuck on thinking about your losses and not planning to move forward to retake your losses, which is why you need to learn to accept those losses.

The more we make mistakes, the more we are learn, the more thoughtful we become to recover from losses. I agree that losses should not be thought about anymore, focus more on things that can increase positivity in life.

But it doesnt mean that we should tolerate on making mistakes just because we do learn after that, this is the usual case for most people but eventually we do learn up along the way and its an inevitable thing.
We should avoid as much as we could in speaking about mistakes because who does really like on committing errors and mistakes? No one right? It is really just that people should really be mindful in regard about on their active dealings specially with investment that do really talks about losing money and earning some which is something part of the risks taking. It doesnt really give out that best feeling but of course we should really be having that behavior on accepting on what are the probable instances or situations which you might be able to encounter on because it is really that part of learning process.
On the time you do make up learnings then this is where you would really be kicking up your confidence to deal with it and sustain yourself.

It's not necessary to make many mistakes to learn, for me, mistakes are my way to learn. There are people you can't learn some things right away, just like in finance, you have to experience some mistakes before correcting them. It's rare that the person on the first try gets a good result right away, most actually start with mistakes but it's better to avoid it if you learn the right steps right away so you don't end up losing. It is better to study the financial mistakes because once you know the reason you will definitely be better and you can make your financial status progressive.

ichsan ardi

full member

Activity: 672

Merit: 100

Tontogether | Save Smart & Win Big

Quote from: JamesBorn on April 13, 2023, 11:24:03 PM

Some days looks like a curse day, I wanted to keep it to myself but I felt it more reasonable to share. I involved in some business investment which initially the promise was really good after week of deal, I just back from work, I saw a call from my colleague we did the business together and I call back to hear him crying on phone. That the business we involved into is fake and the office is close, the MD has disappeared, for two minutes I was shivering with sweat because that's the highest amount I have involved business so far. Am regretting to have used in bitcoin by now I would have be on advantage with bullish price.

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

very upset and emotional when we lose money, especially when we are tricked into investing on a large scale, but in every situation, there must be a silver lining for us, a situation like that that makes us learn so that it doesn't happen again in the future, when we get emotional and lose our way one of the best things you do is still to get up, I'm sure you will lose everything, we will surely rise again, use that emotion as motivation so that we are more diligent and active in doing something

huu78

sr. member

Activity: 1204

Merit: 253

Undeads.com - P2E Runner Game

For this type of business, I think you have to be more vigilant in the future, don't just listen to the promises they make, but also look at the risks and the type of business.
sometimes people always forget if they have been given a very profitable promise.
hope you learn from your experience.

nesty

full member

Activity: 518

Merit: 184

Quote from: JamesBorn on April 13, 2023, 11:24:03 PM

Some days looks like a curse day, I wanted to keep it to myself but I felt it more reasonable to share. I involved in some business investment which initially the promise was really good after week of deal, I just back from work, I saw a call from my colleague we did the business together and I call back to hear him crying on phone. That the business we involved into is fake and the office is close, the MD has disappeared, for two minutes I was shivering with sweat because that's the highest amount I have involved business so far. Am regretting to have used in bitcoin by now I would have be on advantage with bullish price.

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

In every business opportunities we need to do a research and study first on how the company would generate income and what would be it's marketing strategy. If I am an investor and I had invested a huge amount of money i would definitely get involve with the operation of the business, I will not entrust easily my investment to secure the safety of my investment. In a business failure do not loose hope take it as a lesson and it will be your guide in your next investments. Do not feel down everyone is facing ups and down. I am sure on your next future investments you will be more extra careful and smart in choosing the right investment.

HajiBagi

sr. member

Activity: 504

Merit: 302

No matter who you are, if you lose even a small bit of your money, you will feel it. Losing money has the power to alter someone's life and even cause death by increasing someone's blood pressure. As there are numerous online scammers who are solely aiming to take advantage of unwary investors, this has been cited as an example for anyone who did not complete their research before investing.
My recommendation to newbie investors is to spend as much time as possible researching the investments they wish to make before making them, as scammers these days will generally stop at nothing to con their victims.

bettercrypto

sr. member

Activity: 1316

Merit: 268

★Bitvest.io★ Play Plinko or Invest!

There is probably no person who is a capitalist who suddenly loses the money you have worked hard for, which is a large amount, suddenly disappears because you used it in an investment that you did not expect that will cause the loss of your capital to be happy, of course you will feel sadness , depression, stress and others because you didn't steal the money that you used in a business that you thought would make you a lot of money.

That's why it's so important that we check a business we're going to enter first before spending our money on it, so that in the end our hard-earned income doesn't go to waste.

loopes

sr. member

Activity: 952

Merit: 323

Quote from: JamesBorn on April 13, 2023, 11:24:03 PM

Some days looks like a curse day, I wanted to keep it to myself but I felt it more reasonable to share. I involved in some business investment which initially the promise was really good after week of deal, I just back from work, I saw a call from my colleague we did the business together and I call back to hear him crying on phone. That the business we involved into is fake and the office is close, the MD has disappeared, for two minutes I was shivering with sweat because that's the highest amount I have involved business so far. Am regretting to have used in bitcoin by now I would have be on advantage with bullish price.
I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

Off course it happened to me, I can feel what happened to you, but i do not lose my investment in ponzi / scam business project, i lose my investment on trading crypto currency while i was a new on trading activity. I do the trade of crypto currency with no proper analyze or trading strategy. Therefore i lost my money there.

This tragedy always will be a learning for you to be more aware with scam / ponzi project. You can analyze the similar project and you must be alert if you find the project which:
1. Promising high return of investment with minimal risk
2. Overly consistent returns
3. Unlicensed or Unregistered
4. etc
find more on this source

Mahanton

hero member

Activity: 2688

Merit: 625

Quote from: chrisculanag on April 24, 2023, 06:32:45 PM

Quote from: xSkylarx on April 24, 2023, 04:44:29 AM

Quote from: chrisculanag on April 24, 2023, 03:58:59 AM

Quote from: Unbunplease on April 23, 2023, 07:41:45 PM

Quote from: chrisculanag on April 23, 2023, 03:40:14 PM

~snip

Any company can disappear or go bankrupt-even one with a long-standing excellent reputation. Some companies purposely create a great ephemeral reputation in order to disappear after raising a huge amount of money. Losing money is part of life, and you shouldn't dwell on it too much. You should try to find a positive even in this extremely unpleasant event.

But it will be better and less mistakes in your planning to invest if this approach is taken. We know that most of the new budding companies are just making their names good for the audience to attract. Even so, if we lose the investment we entered, you are right to just be positive and look for other investments and any business to get back on our loss.

It is okay to feel your losses in a day or two, but we need to make sure to learn what was the mistake we made that caused us to lose that, like scrutinize it and learn from it, then move on and then proceed to another investment so that we can cope with the losses and try to evade those mistakes. Also, it is really useless if you just stuck on thinking about your losses and not planning to move forward to retake your losses, which is why you need to learn to accept those losses.

The more we make mistakes, the more we are learn, the more thoughtful we become to recover from losses. I agree that losses should not be thought about anymore, focus more on things that can increase positivity in life.

But it doesnt mean that we should tolerate on making mistakes just because we do learn after that, this is the usual case for most people but eventually we do learn up along the way and its an inevitable thing.
We should avoid as much as we could in speaking about mistakes because who does really like on committing errors and mistakes? No one right? It is really just that people should really be mindful in regard about on their active dealings specially with investment that do really talks about losing money and earning some which is something part of the risks taking. It doesnt really give out that best feeling but of course we should really be having that behavior on accepting on what are the probable instances or situations which you might be able to encounter on because it is really that part of learning process.
On the time you do make up learnings then this is where you would really be kicking up your confidence to deal with it and sustain yourself.

chrisculanag

full member

Activity: 1344

Merit: 103

Quote from: xSkylarx on April 24, 2023, 04:44:29 AM

Quote from: chrisculanag on April 24, 2023, 03:58:59 AM

Quote from: Unbunplease on April 23, 2023, 07:41:45 PM

Quote from: chrisculanag on April 23, 2023, 03:40:14 PM

~snip

Any company can disappear or go bankrupt-even one with a long-standing excellent reputation. Some companies purposely create a great ephemeral reputation in order to disappear after raising a huge amount of money. Losing money is part of life, and you shouldn't dwell on it too much. You should try to find a positive even in this extremely unpleasant event.

But it will be better and less mistakes in your planning to invest if this approach is taken. We know that most of the new budding companies are just making their names good for the audience to attract. Even so, if we lose the investment we entered, you are right to just be positive and look for other investments and any business to get back on our loss.

It is okay to feel your losses in a day or two, but we need to make sure to learn what was the mistake we made that caused us to lose that, like scrutinize it and learn from it, then move on and then proceed to another investment so that we can cope with the losses and try to evade those mistakes. Also, it is really useless if you just stuck on thinking about your losses and not planning to move forward to retake your losses, which is why you need to learn to accept those losses.

The more we make mistakes, the more we are learn, the more thoughtful we become to recover from losses. I agree that losses should not be thought about anymore, focus more on things that can increase positivity in life.

xSkylarx

hero member

Activity: 2352

Merit: 593

Quote from: chrisculanag on April 24, 2023, 03:58:59 AM

Quote from: Unbunplease on April 23, 2023, 07:41:45 PM

Quote from: chrisculanag on April 23, 2023, 03:40:14 PM

I feel what happened to you, when I first got into cryptocurrencies I'm also a victim of ponzi schemes in many times. I was so quick to believe in the promise that can be obtained by investing in them. It's not a huge amount that was lost, but it's still the essence of my hard work, so I'm very sorry. Now before i go in investing, first study the company that i want to invest , see if they have a great reputation and if they have proven things. But we know that they are good at making people smell good to attract a bite in their trap.

The best thing to do now is to study different investments such as staking, mining and many more . Remember always be careful and think twice before investing.

Any company can disappear or go bankrupt-even one with a long-standing excellent reputation. Some companies purposely create a great ephemeral reputation in order to disappear after raising a huge amount of money. Losing money is part of life, and you shouldn't dwell on it too much. You should try to find a positive even in this extremely unpleasant event.

But it will be better and less mistakes in your planning to invest if this approach is taken. We know that most of the new budding companies are just making their names good for the audience to attract. Even so, if we lose the investment we entered, you are right to just be positive and look for other investments and any business to get back on our loss.

It is okay to feel your losses in a day or two, but we need to make sure to learn what was the mistake we made that caused us to lose that, like scrutinize it and learn from it, then move on and then proceed to another investment so that we can cope with the losses and try to evade those mistakes. Also, it is really useless if you just stuck on thinking about your losses and not planning to move forward to retake your losses, which is why you need to learn to accept those losses.

LastKiss

sr. member

Activity: 2156

Merit: 251

Binance #Smart World Global Token

Quote from: JamesBorn on April 13, 2023, 11:24:03 PM

~snip~

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

That's why its important to use money that you can afford to lose so such feelings won't come to you when you're losing your money in a scam project. I once felt that when I lose my money in a project that becomes a scam after a few months of running cause when I did research the project is looking promising and had decent progress, I end up investing 500$ in that project and after few months I lost all my investment. I feels desperate at that time since its not money that I can afford to lose but I made that experience as a learning.

chrisculanag

full member

Activity: 1344

Merit: 103

Quote from: Unbunplease on April 23, 2023, 07:41:45 PM

Quote from: chrisculanag on April 23, 2023, 03:40:14 PM

I feel what happened to you, when I first got into cryptocurrencies I'm also a victim of ponzi schemes in many times. I was so quick to believe in the promise that can be obtained by investing in them. It's not a huge amount that was lost, but it's still the essence of my hard work, so I'm very sorry. Now before i go in investing, first study the company that i want to invest , see if they have a great reputation and if they have proven things. But we know that they are good at making people smell good to attract a bite in their trap.

The best thing to do now is to study different investments such as staking, mining and many more . Remember always be careful and think twice before investing.

Any company can disappear or go bankrupt-even one with a long-standing excellent reputation. Some companies purposely create a great ephemeral reputation in order to disappear after raising a huge amount of money. Losing money is part of life, and you shouldn't dwell on it too much. You should try to find a positive even in this extremely unpleasant event.

But it will be better and less mistakes in your planning to invest if this approach is taken. We know that most of the new budding companies are just making their names good for the audience to attract. Even so, if we lose the investment we entered, you are right to just be positive and look for other investments and any business to get back on our loss.

Unbunplease

legendary

Activity: 1792

Merit: 1159

Quote from: chrisculanag on April 23, 2023, 03:40:14 PM

I feel what happened to you, when I first got into cryptocurrencies I'm also a victim of ponzi schemes in many times. I was so quick to believe in the promise that can be obtained by investing in them. It's not a huge amount that was lost, but it's still the essence of my hard work, so I'm very sorry. Now before i go in investing, first study the company that i want to invest , see if they have a great reputation and if they have proven things. But we know that they are good at making people smell good to attract a bite in their trap.

The best thing to do now is to study different investments such as staking, mining and many more . Remember always be careful and think twice before investing.

Any company can disappear or go bankrupt-even one with a long-standing excellent reputation. Some companies purposely create a great ephemeral reputation in order to disappear after raising a huge amount of money. Losing money is part of life, and you shouldn't dwell on it too much. You should try to find a positive even in this extremely unpleasant event.

Jamala

jr. member

Activity: 55

Merit: 3

The sad feelings of losing money is same everywhere but more when the amount is huge. The most painful one to me was my transport home. I got trapped and was at the mercy of passersby who took pity on me and gave me stipend to get home.

chrisculanag

full member

Activity: 1344

Merit: 103

Quote from: JamesBorn on April 13, 2023, 11:24:03 PM

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

I feel what happened to you, when I first got into cryptocurrencies I'm also a victim of ponzi schemes in many times. I was so quick to believe in the promise that can be obtained by investing in them. It's not a huge amount that was lost, but it's still the essence of my hard work, so I'm very sorry. Now before i go in investing, first study the company that i want to invest , see if they have a great reputation and if they have proven things. But we know that they are good at making people smell good to attract a bite in their trap.

The best thing to do now is to study different investments such as staking, mining and many more . Remember always be careful and think twice before investing.

Topic: How do feels losing money? - page 3. (Read 1250 times)