Topic: I am a loser. My only question now is, how do I tell my wife (Read 2081 times)
You are always advice to invest only what you can lose in cryptocurrency due to the fact that the cryptocurrency market is always volatile and can change at any time, don't get carried away by the price of the currency at a particular time cause it can change in the next minute. But my advice to you is to continue to hold cause you can only lose when you sale below the price.
I will advise you start swing trading some of your holding, instead of daily watching it without any actions. Telling your wife won't be a bad idea, if she is an understanding person, if she won't pick offence. I have some silly mistakes in this space I shouldn't have made. Well I still keep on pushing. Whenever there is a will, there will be a way.
Just hold them until it go up again and then maybe sell half 
I would sell half of the ETH and buy other coins, just in case ETH does not do well in the next bull run, you already have taken a big risk, bailing out now could be a worse decision. but also be prepared as it could take 2 years or so until you can sell your ETH for a better price. if ever.
Good luck.
Good luck.
I'm gonna spare you the judgement on how smart your decision was, not because you don't deserve to hear it, but because I know you've heard it enough.
Good news is that ETH is seriously underpriced because of EOS and other ICO-s dumping, newer ICO-s are getting less money so its long term price is not under the same threat.
I think it will rise in value soon. 800 is too optimistic but selling now would be the absolute most tragic conclusion to the story I can imagine.
Good news is that ETH is seriously underpriced because of EOS and other ICO-s dumping, newer ICO-s are getting less money so its long term price is not under the same threat.
I think it will rise in value soon. 800 is too optimistic but selling now would be the absolute most tragic conclusion to the story I can imagine.
Maybe the truth is, there's a little bit of loser in all of us but only solution is Be patient.Don't worry about your wife if she really loves you truly she will definitely understand your situation and she will help you to get rid of it and remember one thing you still have hopes and "Where there is a will, there is a way" stay happy and good luck....
This is a very difficult thing to deal with. I have seen it more than once. Many people are investing in such ventures without telling their wives. Therefore, even if the losses have already occurred, you should bear the burden yourself. Remember, we are all men！
You have a very sad story buddy and am sorry for your lost too. But I don't think you have totally lost once you still have your tokens in your wallet and it has not been sold yet. I would encourage you to keep holding for a little while and wait for the market to rise again until it is close to your investment amount before you start selling.
It is not a good decision for you to buy ETH by mortgaging your house to others. Investment is wise if you have extra saving money after maintaining your family. However , it is not wise to sell ETH now at low price. You can hold until you are in profits. You can tell your wife by many techniques with soft tongue.
I mortgaged my house to buy $300,000 of ETH at 800. I dod not tell her. This house was paid off in full. Now I cant make the mortgage payments with my job. I cant even sell the ETH easily because I live in NH. Should i keep holding? Tired of making excuses about wherr all the money is going. I guess I'm what you call a loser. Thanks everyone.
Sorry first I think you do not learn well, you put yourself in in your own risk, we are here in crypto to learn well how got better life of living house are very important things in our lives to got decent life.
But don't be buttered just stay calm and focus to find the solution in your problem to tell your wife the truth, and do not sell your investment wait the stable of the coin market.
Its very simple just say what is the truth and accept what ever happen because in the beginning its your fault, right? so you must be ready to accept all the consequences of your action.
I mortgaged my house to buy $300,000 of ETH at 800. I dod not tell her. This house was paid off in full. Now I cant make the mortgage payments with my job. I cant even sell the ETH easily because I live in NH. Should i keep holding? Tired of making excuses about wherr all the money is going. I guess I'm what you call a loser. Thanks everyone.
You are not losing anything as long as you are holding the ethereum,because the volume is still intact and it will only changed after selling them at the lower valueEthereum is really not my coin anymore since the moment it became a materials for scamming by the ICO dev,its platform is rampantly uses by this criminals that help losing the ethereum popularity
That is going to be a great challenge if that would be me. My advice is to keep hodling your eth. If you will sell it now then there is no going back. You are not going to get back your money. You should keep hodling it.
You don't need to sell, just trade with BTC (maybe some). I heard that ETH will do hardfork this year, please predict this. If later the price improves, then it's your luck. If it's getting worse, of course you can't survive the word "loser".
I mortgaged my house to buy $300,000 of ETH at 800. I dod not tell her. This house was paid off in full. Now I cant make the mortgage payments with my job. I cant even sell the ETH easily because I live in NH. Should i keep holding? Tired of making excuses about wherr all the money is going. I guess I'm what you call a loser. Thanks everyone.
I think that you should confess everything to your wife.
If you continue to hide ugly things from her it can destroy your relationship and even your marriage.
It's much more important issue than money, believe me.
If you start to work together, youmay chance to overcome this difficult period in your life.
I mortgaged my house to buy $300,000 of ETH at 800. I dod not tell her. This house was paid off in full. Now I cant make the mortgage payments with my job. I cant even sell the ETH easily because I live in NH. Should i keep holding? Tired of making excuses about wherr all the money is going. I guess I'm what you call a loser. Thanks everyone.
- Sell part of your ETH to pay your mortgage.
- In my opinion, crypto will never recover unless a serious economic catastrophe happen.
- Don't think about this situation, the more you are going to think about, the larger it will become.
Selling some eth will give him money, and I think this is the best thing he can do while he can wait for the market to increase. At least he can pay his mortgage for month and he can search for another job in real life to pay the other months. But I won't say he is a loser right now because he still has a chance to recover his losses in the future. All he can do right now is not stop from finding a new job that could help him to get money.
When this all cryptos are falling you should sell it quickly when it drop hard. Now i dont think you will recover soon enough. Sorry to hear your bad situation but i dont think you will get your investment back in no time. That was a fault when you dont learn enough how the market are move. May this will be a lesson for all who want to make a stupid act.
I mortgaged my house to buy $300,000 of ETH at 800. I dod not tell her. This house was paid off in full. Now I cant make the mortgage payments with my job. I cant even sell the ETH easily because I live in NH. Should i keep holding? Tired of making excuses about wherr all the money is going. I guess I'm what you call a loser. Thanks everyone.
- Sell part of your ETH to pay your mortgage.
- In my opinion, crypto will never recover unless a serious economic catastrophe happen.
- Don't think about this situation, the more you are going to think about, the larger it will become.
Friend not only you, but also all bitcoin holder now falling this problem. it is bear market situation don't have our hand. bitcoin now also still have. my opinion, you can do share this matter with your wife and hold your coin more some months. we are hoped that current year must, ETH, BTC market can do increaces and can you recover your capital. so just wait and take patience.
It is a market where only spare money should invested which you are ready to loose ,no need to grumble now wait and watch as per your statement you are already looser.
This is true that only spare or limited money should be invested as everyone know that market will rise and also it will crash . So either one should have holding capacity or be ready to face the fall and losses if need be . One has to move on and cannot just keep on thinking about it .
That is why i am only working for bitcoin and earning is against my skill and bounty campaigns, so it is only my time and skill is invested and in future if it goes zero also it wont affect me, but i use it when ever i am in need of fiat currency.
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