Topic: How do feels losing money? - page 9. (Read 1324 times)

There will be disappointment and sadness but it is not desirable for your life to overcome it and try to recover the amount of damage. So it should be remembered that there are definitely some strategies for making money in this field and investors should proceed with that in mind otherwise you will be disappointed Procedures for profiting in the cryptocurrency market will proceed.

I think it is natural to be afraid to take the decision of starting a business since it is really indeed risky move. But, I think if you planned everything out and see the potential with your business, you can thrive at it. I think it takes for you to believe on your own business so other would believe in it. There would be doubt at first in starting it, so the best thing you could do is try to start small so that you can assess and have your losses to be of minimize as possible. I believe that we should never rely on our job income for the rest of our lives, so it is a great move to try to engage in business since if you get successful with it, it can give you financial stability in the future.

Losing money is something that makes us uncomfortable and has trouble sleeping, of course, everyone has experienced losing money, being deceived or losing at gambling, life is indeed a thing that makes us have to learn a lot, and what has happened should not be too long to mourn, it's better to move on walk and look for the best thing before making an investment.

It is painful to accept such a situation. You have made a big mistake as you invested a big amount of money without knowing anything. You should have known that never ্give money on someone's word. He can be your office colleague or whoever. At present there are various types of fraud at every level. Your colleague may also be involved with it or he may also be cheated. Fewer people make such mistakes in the present age. If you had kept investing in Bitcoin, you would not have faced this loss., no one could have stolen your money today. You were the owner of your own money and not depend on anyone else. I personally also lost in trading business but it doesn't feel like a loss anymore where I learned something from it.

Before deciding on any work that involves financial resources, one should think twice and then make a decision.  Because it is very difficult to earn wealth, the person who earns money understands how much hard work is required to earn this money and if that hard earned money is snatched away by fraudsters in a few moments then it cannot be bad news.

Not only in your case, but if what happened to you happened to any other person, he would have done the same thing because money is involved here. You can handle yourself after losing all your money but there are many people who decide to commit suicide after losing all their wealth.

In our country there was an e-commerce company in which people invested a lot of money and that e-commerce company became a trusted name for people but the moment people invested a lot of money in that e-commerce company then the CEO of that e-commerce company embezzled all the money. As a result many of those who had invested huge amounts of money in his e-commerce company committed suicide. The police of our country arrested him but the invested money has not been recovered yet.  

So before taking such money related decisions, one should think twice and make a good research and then take the decision.

There's a chance if your friend is a bad person who create this whole drama in order to steal your money, moreover you're contact your friend via cellphone, someone can easily act like he's crying, but you don't know if your friend is genuine crying or just acting.

But if your friend was got scammed like you, I think you're make a stupid decision for trusting your money with your friend, you're don't know how the investment work. It's similar like invest in a shitcoin.

Most people have that feeling, and I call it greed and fear because we don't want to lose money, but we want to build our dreams. Life doesn't work like that, if you want to succeed and want to have things that other people don't have, you need to take risks and step out of your comfort zone. To be honest, I have never seen anyone cowardly and unwilling to take risks become successful.
In your case, I don't think you should start a business or invest because you are not ready for them.

That basically means that you put money into an investment that you aren't willing to lose. It is an unwritten rule that once you put a money, you should accept the full risk. If it's not, you're likely to hurt yourself if it turns out not in your favor.

For now, forgive yourself. Do not defeat. Losing money doesn't ill you is it? Don't lose the lesson from which you lose a lot! Get over it and move forward. The next time you take risk you will be stronger. It's normal. What's not normal is to not try again. Be that person who fails 7 times but still get up at 8th times.

Time is your ally. That too shall pass. Next time you are winning.


Agreed. Better be equipped with the necessary information next time. You don't need a degree. You just need to be responsible investor/ risk taker. It is your fund and you must be accountable of it. Preserve it. Raise it. Because you can.

This is my dream that i wanted to stablish my own business but i afraid that if i lose my money then? i have to invest my whole life's saving on it but after then i am not able to get success on it then it's hurts like hell, i keep playing in my mind why i did this? why i didn't do this? continuous self doubts and questions will be there. I do everything not to think about it but it keeps popping back in my mind only some people truly understand what this feels like. Still because of afraid of loosing whole life's saving i am not able to follow my dream but still not getting courage to take decision that give resignation from my corporate company and start my won business.

It is normal to have risk in business but we should do business on our own and we should not do any business depending on others or any other company in case that company closes down or scam we also lose our investment. I was involved in e-commerce business for a while where the e-commerce site used to deliver my ordered product after three to four months but I could buy the product at 50% down from the market price.  And after receiving the product I could sell it in the market at a good profit.  In this way, after getting products for some time, suddenly that company was closed, I suffered a huge loss. And many businessmen like myself have lost millions of dollars through this so we should be careful and learn from these things.

In life, everything is possible and there is time for everything.
At a particular time, everyone has lost some amount of money. There should only be a few percentage that have never lost their money either through business or trying to multiply their money through investment.
I am sorry for your loss and how you felt but I have learnt a good lesson in the year 2023, that I will not invest in whatever thing I do not understand how it works. If you invest in what you don't understand how it works that is your first step of losing your hard earned money.

I remember when I lost the highest amount of money in my life. I would go to the bathroom and I spenf 2 hours crying and thinking out how to survive.
This is why it is advisable to only invest with the amount of money you are able to lose. No matter how genuine the opportunity seems to be do not throw all your fortunes into it as you will regret and return to square one.

   -  That's how it is with investment, the risk never really goes away. Maybe if you have experienced that, this event in your life may teach you something. Apart from the lesson you will get here, you will be wiser in the future and you will be better able to choose an investment.

I'm sorry for any bad things you experienced with your investment, just be careful next time and you can also look at these tips that should be done in investing mate.

https://www.strawberryinvest.com/knowledge-hub/top-10-tips-for-first-time-investors/
https://www.bmo.com/main/personal/investments/learning-centre/investing-tips-for-beginners/

if something like that happens to their investment, then the thing that feels is the same thing that you have felt until now. regret, fear, and other negative thoughts. it is a natural thing, especially if the investment we make uses a lot of money, and that is the hope we have.
However, what you need to do right now is learn from your mistakes and start over. it is the risk of investment. if this is an investment in the city that you own, you can try to report to the authorities, if this is an online site then there is very little hope of getting the money back. this is the same as a HYPE site that gives a high percentage to investors at the beginning of the investment and then disappears. However, you need to know what you're investing in, and try not to invest in anything new with large sums of money.

What type of dumb question is it? Would you feel so good if you lost your money? Everyone feels terrible when they lose money.
Speaking of your business, What kind of business was it? A Business without work? You invested in a Ponzi scheme and got busted. Offers like too good to be true are not reliable. They will always run away with your money.

I am sorry but not sorry for you. Stop posting fake sob stories. You are just a spammer who has created 60 threads in two months. You always come up with fake stories and leave the thread. I don't think you ever check the replies from the threads you created. People suggest you and talk to you. You were plagiarism, and you have got a chance. https://bitcointalksearch.org/topic/report-plagiarism-copypaste-here-mods-please-give-temp-or-permban-as-needed-1926895

I don't think anyone would not feel down when met with such circumstances. It's also why it's advised to only invest what you can actually afford to lose. It's usually hard at the start, especially if you consider it's the first time you lost money due to someone else scamming you, but as you invest more, regardless of the reason for the investment dropping out (being scammed/business just fell down due to being bad), you'd be able to get over it faster. The feeling of being down is still there (and would always be there imo), but you'd be able to recover faster and would instead start planning more ahead and looking at what mistakes you made so that you don't do them again.

Well that's in cases where you have a strong mind though, if you don't, I'd honestly take a break for a month maybe and clear your mind.

I just shake it off and move on because life continues, we don't have to regret any decisions we take. We just have to be a man or woman and move on because life itself is a risk so we have to keep on taking risk until we have gotten the life we deserve for ourselves. Without investing we can't achieve financial freedom and that's what we all deserve in this life.

One thing I do from this kind of experiment that involves me losing money is to learn from that experience so I can make better decisions when I want to try same kind of business or similar businesses in the future. I understand that there's no investors who hasn't lost money so I don't let it bother me much.

This is a sad story, so sorry about this. Apparently, it seems the OP and their friend didn't pay attention to details- there is obviously several tactics¹ used by Ponzi schemes to pick their victims. They are purely psychological and you wouldn't know until you can't recover your initial deposit.

Trick 1 - Phantom Riches: We will make you become a millionaire and multimillionaire in 3 months and we will fly you to the best resort in Dubai for vacation with senior members - so they say.

Trick 2 - The “Source Credibility” Tactic: You will see famous people and celebrities promoting it and then you think to yourself it this scheme is legit because this public figure has endorsed it.

Trick 3 - The “Social Consensus” Tactic: They'll tell you that every other person has invested in it, you are the only one left. And because you do not want to be left out from making the millions, you are psychologically pressured to invest your hard earned money into it.

Trick 4 - The “Reciprocity” Tactic: They already know that it will be difficult for you to put in all your money at once into the scheme so they cut you a deal and tell you they are giving so -so percent of to make it easy for. And you know what? You think it is the best deal, you grab it while it lasts.

Trick 5 - The “Scarcity” Tactic: It follows from the previous trick. They go on to tell you that it discount will expire in the next 24hours and that it is limited or that after it, it will go back to the full price and because you don't want to miss out, you fall for the trick.

Be wise people. Use your head.

---

1. https://www.robertdmitchell.com/ponzi-schemes

Losing something feels always bad. I lost my glasses and my other accessories few times and it felt like hell. Losing money hurts too. That's why I always make a trade when I am sure that I am not going to lose any money on that trade. The profits will be less because I am not taking much risk but I won't be losing my principle neither. I use this strategy on every deal I make, not only trading. Buying real estate, investing in alts, stocks, bonds... I always ask this question: "I am doing this but how much I can lose if something or anything goes bad?" Then I figure out if I should do it.

Losing money is a very suffocating thing, a business offer that looks very promising will be a scam, and since I got to know bitcoin I have been scammed several times or lost money, the last one was a year ago because the metamask on google chrome was hacked and made assets that I save lost and make me very regret.

yeah that's right. Everyone will certainly experience sadness and regret that is quite heavy when they have to lose money due to being deceived or because of other things. But we must take lessons from the events that have occurred. so be more careful in the future. and we also need to study the types of fraud that are frequent these days. Ponzi schemes and pyramid schemes are types of fraud that have been trending for a long time. but unfortunately there are still many who are deceived by this type of fraud. This happens due to the lack of knowledge and education about it.