Topic: How do feels losing money? - page 7. (Read 1357 times)

We all know that it is common for ponzi and pyramid scammers to go with the euphemism of "business" or "investment opportunity" to deceive their possible victims. nowadays the fashion is to mask the fraud as much as possible making people to believe the ponzi is actually a betting webpage, an arbitrage bot, anything.

Also, assuming he wanted to check whether if his friend is actually trying to scam money out of him, all it would take for him to check is the name of the scam, so it can be searched on internet. Nowadays, once those frauds collapse leave a huge digital fingerprint, due to their nature of asking for promoters and referrals.

It's normal for someone to lose money in a venture they didn't properly research. It's also possible that the gains that were promised to you were so great that they distracted you from considering the risks. You know as a man or investor you never channel your thinking on the profits side of it rather look deeper than that otherwise, every time you raise a significant sum of money to invest in that business it happens to sink down, if not for the grace of God it would amount to you collapsing for no reason. Therefore, when starting a business, consider both the advantages and drawbacks it may have before putting any money in it.

When money is more and more difficult to earn, when losing money for any reason, each person will feel even more hurt, extremely disappointed. Sometimes regrets alternate with bad decisions . Investing is also a risk that creates losses but I am sure that with bitcoin everything can still be recovered and even profitable, plus, the feeling of losing money/loss will only take over you for a little while and you'll have plenty of other plans, or you'll have to keep working on getting better at it.

Losing money to a business is not a disaster. There is failure/loss before success, when you overcome that means you have won.

No one ever wish loosing his money on something regardless of how small because money is earned by the effort we give in whatsoever thing we do that creates value and earn us income, it pains so much investing on something you think could be more profitable to discover it all turns losses, it is better to misplace money than investing with the money to discover all hope is dashed away, we have to be careful on what we invest on, they might turn a liability on us instead of an asset.

Sometimes we try to do our best so as not to be exposed to scams, all means of course we do so as not to be exposed to scams, we often hear the experiences of others who are exposed to scams and take lessons from that person and hope we are not exposed to scams, but this life is indeed unique because other people's bad experiences can happen with us.

Losing money that we are not willing to lose will be a meaningful lesson in the economic story of life. We will learn a lot from that incident and be better for the future, there is always a better lesson when there is a failure in business if we are able to learn it, the thing that what OP has to do at this time is accept everything that has happened to him to form a mental and enthusiastic return to the loss of money that happened to him, it is indeed very difficult but if you manage to get out and are able to let go of the lost money we will get money easier in the future and could be more than what we lose today.
Yes, maybe Bitcoin is one of the answers to the investment failure.

This sounds not at all like a business; it would be a ponzi scheme, HYIP, or pyramid scheme the way you said it was promising results, as you know if the return is too good to be true, like three times your investment or more, you should have to think that it is a scam just to be safe. Though, again, for sure you've been persuaded by your friend, make sure that your friend isn't just scamming you because we really know the details on this thing, as there are instances where friends are going to scam you.

What happened to the OP is a normal form of grief because we really didn't want that to happen.
Sometimes we really need to be careful about something we do.
In business, risk management is very important and important when conditions like this occur.

When situations are as complicated as OP's, we can only apply a few motivational sentences that can revive our mental fighting spirit, one of which is by making this an experience and let's get back up because this incident is the beginning of greater success in the future.

I don't think someone saves without having a clear goal, meaning that everyone who saves is for some clear goals in his life and everyone who is saving will certainly use his money wisely and will not immediately spend his money if his goals are not clear. So you also don't need to feel like the whole world is going to end soon as long as you know how to save and have a goal when using your savings and obviously keep every savings in a very safe place.

It feels like the whole world is coming to end, imagine saving money for several years of hardworking all of a sudden everything is gone, it would really take a long time to heal from it. So a thorough investigation and research should be done before putting your money on anything.

This is a loss and very sad for OP and his friend. But in this case, I won't blame the people who scammed them because nothing would have happened if the OP hadn't been greedy. The OP himself and his friends also know that making money these days is extremely difficult. But why would they easily trust a company that promises high profits? It is clear that they have become greedy, and that is the lesson they need to learn. Losing money is something no one wants, but it's not the end, it's just one of the thousands of other lessons we need to accept if we want to be successful in life.

Losing money or assets that have been earned through years of hard work is very painful and creates feelings of disappointment, depression, and defeat. Today, with advances in technology and information, it's easier for people to start a business and carry out various activities to make money. However, this also opens up opportunities for fraudsters and other criminals to commit criminal acts.

Therefore, it is very important to be careful and thorough in starting a business or making an investment. Don't be too tempted by promises of large and unreasonable profits, because that could be an indication of a fraudulent scheme or a high-risk investment.

Before starting a business or making an investment, do careful research and evaluation of the business or investment opportunity, including the risks and potential benefits. Also check the legality of the business or investment and make sure you clearly understand how the business or investment will generate profits. And don't hesitate to ask for advice from members of this forum regarding the business or investment you want to do, because it can help you make wiser decisions and avoid unnecessary risks.

Just follow the proverb There's no use crying over rice that has become porridge. You must be able to accept the reality of a situation where something has happened and cannot be changed. Make it your experience in the future. Therefore, it is better to focus on solutions to overcome problems than regretting what happened.

When you lose money or rather your investment yields nothing, it can be very depressing. If you want to invest in any kind of business, risk management should be carefully considered because the reality is that the notion that a business does not come with its own risk is dangerous. For myself, I calculate my profit and loss both ways. Recently, a friend of mine who sells eggs complained about how eggs are spoiling because of the hot weather and still a small-scale business to be able to afford a good cooling system for the eggs.

I'm sorry for what happened to you and your colleagues; it's a very terrible situation when you work hard to achieve this type of money and someone else, who doesn't realize how far you went to make it, just runs away with it.

So, the next time you wish to invest, perform thorough research on the company or brand in question. I'll even advise you not to trust anyone anymore in all of this investing stuff; instead, set aside time for yourself to study about bitcoin investment; I believe that if you work harder, things will go better for you when you invest in bitcoin. 

Im sorry for you're lose mate but we cannot predict things, and sometimes we will fall into the very sad situation like what you've already experience that is why we need to be more careful and be more practical with some investment because it involves money and money can always make you cry and more scammers wanted to have or make money on a very easy way by scamming others so be careful.

When you experienced such things from scammers, don't let it pain you so much than to learn from the system they used to attract you to such investment, so that you will not fall into such scam investment and other investors will also learn from your mistakes. I will advise you to try Bitcoin investment when you have such money for investment, because it will be difficult for such scammers to scam your Bitcoin easily because there are many signs they will develop that will make you to understand that the investment is not real. I believe, you have learned a lesson from this your bad experience because many investors has experienced the same thing some years back but they never give up than to ensure such mistake will not repeat itself again.

Losing money is sad, especially if it happens in an instant. of course it will be an inner pressure that can mess with our common sense, stress is very possible. but for those with a steel heart, of course they will be able to react wisely and will not dissolve in sadness so they can immediately get up and find a replacement. even among them have a motto that will later be replaced with a bigger fortune

Yes for sure, because of that I always research and think twice before making decisions. As I know, a lot of investments today give us presentative high profits in less than a year which I think those all bullshit because nothing iis too instant to get rich and profit. And In Bitcoin, we know, we can make it profitable, but it's not instant bro, we have to wait at least 3-4 years (halving session) to harvest profit.

Back in the days, losing money is disempowering to me. Whenever I'm down to my last dime I always feel sad and lethargic. I don't go out of the room, I sulk, and I work on stuff until I get that pay and feel a little better eventually. All I can say is that losing money will lead a person to two things, either they find the most outrageous ways to earn it backxand get money, or they give up and succumb to the worries of life. I think I'm happy that I fell in the middle ground where after some time of sulking and consoling myself I get back on the grind.

Oh it seems you have been through a lot. However, you have to accept this failure, learn from this experience and move on. And to be honest, you have made the right decision when you opened up. It is unhealthy and tiring to keep the negative energy inside and OP there is no need to blame yourself and complain.

Furthermore, life is literally unpredictable and unfair , sometimes we suddenly face obstacles and struggle with the consequences like what happened to you, that’s why we should be ready for all scenarios and deal with every new event. Plus, I encourage you to start again. Try to make new researches, set a new strategy and plan , then work on it until you reach the top. And I am pretty sure you will return what you lost. Keep it up and good luck with your future endeavors.