I am a loser. My only question now is, how do I tell my wife - page 2.

glowing10

full member

Activity: 812

Merit: 142

Quote from: Umaga. G on December 18, 2018, 09:02:31 AM

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 .

Gabteb

sr. member

Activity: 812

Merit: 256

Its dificult question as everyone would make sugestions but noone would solve your problems simplest way is holding or if you have tading skills then trading but if you ask this then it means you havent,its realy big money so bro try hold find another work and do your best not to lose,you havent lose utill you dont sell.

d0flaming0

sr. member

Activity: 402

Merit: 250

Quote from: Linwood Pitts on December 06, 2018, 02:03:37 PM

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 guess you're really a loser we can't deny it because you have to mortgage your house just to buy ETH which it's 800 price and i think you have a good reason for it and just want to get a bigger profit that is why you have to invest the money. I just want to ask you also have you invested all your money from your house that you mortgaged? i think you should make a plan first before doing risky things.

ranman09

full member

Activity: 756

Merit: 112

Tell her about it and hold the coins! I'm sure she will understand. Showing her success stories of Bitcoin enthusiast helps too. Have her something to hold to and then tell her deeply why you bought it in the first place, be it you want a vacation for her a financially free life. Help each other about the mortgage.

kalel18

copper member

Activity: 182

Merit: 1

this is not the end of era bitcoin don't give up everything, just keep it, hold it until the time and for my opinion about your relationship with your wife its better to stay honest to your wife always, because the best way make forever with our wife is stay honest to her.
Sooner bitcoin will raise again stay hold make timing to earn from your profit.

Aldrinx00

member

Activity: 882

Merit: 13

Just hold because ETH price will grow in the longrun, that's the only way you can make profit from your investment. Also be honest with your wife because if she really loves you she will understand, we all have mistakes in our life but we must overcome it no matter what.

BAGOBO

legendary

Activity: 1163

Merit: 1005

Quote from: xvids on December 18, 2018, 10:03:17 AM

It is a total disaster if it is true then there is nothing you could do,
It is so dumb to do why would you even put your house on risk?
Specially you have a family you should really think about it before doing something so stupid.

Everything has happened, this challenge must indeed be resolved intelligently. tell all the family and tell the truth, after that you have to work hard to pay the bills. Low prices are not good for selling coins, save your coins, believe me, the price will go up and now it's time to wait for prices to rise.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Linwood Pitts on December 06, 2018, 02:03:37 PM

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.

Dude I simply don't want to believe you are that stupid.

Please tell me you are just a troll.

Since you have not made any replies to the thread since you opened it maybe you are not a troll.

Maybe you said fuck it and killed yourself.

If you are alive please post back with an update.

Thank you.

ps please don't read this and hurt yourself as I sincerely do feel your pain it it is real.

I know people that have done things like you post said you did.

xabre

full member

Activity: 580

Merit: 101

Never you use your real money for investing at bitcoin or altcoin, always use your side money for trading at crypto, by the way you have talk true to your wife and you have faced what have you do, my opinion your wife will be understood and forgive your mistake.

Jating

hero member

Activity: 2842

Merit: 772

The OP didn't come back to his thread so I'm assuming he did tell his wife the truth but we don't know what really happen after that.

Quote from: Olayinka225 on December 31, 2018, 03:49:27 PM

I think if she's really your wife, then you have nothing to hide from her even if you're loosing. Moreover, I can see some greens in the market already and that's like an inspiration that you still haven't loose all yet. There's still light at the end of the tunnel.

We can't assumed that, women doesn't want to be kept in secret so maybe that's why the OP is really depressed or something because he really knows that the wife hate what he did. Hopefully though everything turns well and at least we should hear what happens to the OP.

Elerntta

member

Activity: 490

Merit: 10

Quote from: Linwood Pitts on December 06, 2018, 02:03:37 PM

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.

My girlfriend and I have no secrets, so it's hard for me to understand why you kept this information from your wife? Were you afraid she wouldn't support you? Why? It's a strange relationship, my friend.

pinkgeldof

newbie

Activity: 14

Merit: 0

You should sell your ETH soon IMO, althougn not a cryptocurrency expert. The company behind Etherum is planning to dump ETH with a hard-fork called Casper and they have a 'difficulty bomb' in etherum planned which I would think will make the price drop.

Also Etehrum isn't that great of a cryptocurrency, it just presents well; if you look deeper into it doesn't really make sense, having to buy digital money to develop apps. Bitcoin is a better currency because it was designed to be used as a substitute for money.

Just my advice and also who cares if you can't sell it because you live in NH. Just find a solution or go to another state, rent a hotel room and sell it there or figure out some solution, because in the worst case you are going to lose even more.

Olayinka225

jr. member

Activity: 322

Merit: 1

I think if she's really your wife, then you have nothing to hide from her even if you're loosing. Moreover, I can see some greens in the market already and that's like an inspiration that you still haven't loose all yet. There's still light at the end of the tunnel.

xvids

sr. member

Activity: 1176

Merit: 301

It is a total disaster if it is true then there is nothing you could do,
It is so dumb to do why would you even put your house on risk?
Specially you have a family you should really think about it before doing something so stupid.

Snyderfx2

member

Activity: 351

Merit: 10

Quote from: Linwood Pitts on December 06, 2018, 02:03:37 PM

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.

Don't consider yourself as a looser and if you do then many people in this forum are looser's because majority of traders and investors have lost great amount of there personal wealth due to these market conditions and some have actually overcome by making smart decisions and in you case the best thing to do is hold little longer and meanwhile tell your wife the truth because what you did was a investment and no one can say every investment can be successful but please don't take such huge risks again

acarli

member

Activity: 267

Merit: 77

Quote from: cherryganda on December 18, 2018, 08:49:37 AM

If you still holding the coin or tokens then you are not yet a loser, there is always a comeback.
Just keep holding and you will gain soon as the market can recover anytime.
You can tell your wife the truth as it will ease your pain, and it will be better for the both of you.

Here's an article from the smart investor that supports your post. I thought had a pretty good argument, but I am not convinced.

https://smallivy.com/2011/06/15/you-dont-lose-money-in-stocks-unless-you-sell/

I grew up with my parents telling me this. After thinking about it quite some time I've come to the conclusion that this is a myth or a false sense of security. You should always take the actual "value" of an asset, not what you paid for it as a reference. It's not about losing or winning, but the current actual value of the asset. Let's say you have 10 BTC and you bought it for 20k a piece. You now have about 35k in value. So, in terms of actual value which is your buying power.

Umaga. G

newbie

Activity: 19

Merit: 0

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.

cherryganda

full member

Activity: 728

Merit: 131

If you still holding the coin or tokens then you are not yet a loser, there is always a comeback.
Just keep holding and you will gain soon as the market can recover anytime.
You can tell your wife the truth as it will ease your pain, and it will be better for the both of you.

cool4y

member

Activity: 494

Merit: 12

Quote from: Linwood Pitts on December 06, 2018, 02:03:37 PM

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.

There's a tiny line between being risk seeker and gambler. Not here to judge you, but one should carefully assess and manage the risk when investing.I hope things get resolved for you.

KingZee

sr. member

Activity: 938

Merit: 452

Check your coin privilege

Quote from: 3acaga on December 09, 2018, 10:36:15 AM

Admit it before the wife, I think she will understand you.
Do not keep everything in ethereum, create yourself a package of 5-7 top coins and wait on.

So the whole package crashes down and he's even in a worse boat than before?

Honestly because you mortgaged the house without your wife's knowledge, I don't think your marriage means really anything to you. You don't want to tell your wife either after you made such a big loss because you're scared? Scared of what? I might be sounding like some naive samaritan here, but I personally believe marrying someone means you're going to share AT LEAST a part of your life with her. Not telling your wife about all this just means you might be better off alone.

Topic: I am a loser. My only question now is, how do I tell my wife - page 2. (Read 2081 times)