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Topic: I am a loser. My only question now is, how do I tell my wife - page 3. (Read 2077 times)

newbie
Activity: 51
Merit: 0
just tell the truth.  losers are those who can't face reality. 
member
Activity: 462
Merit: 12
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.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
If it makes you feel any better, I invested around 170 000$ in a stock market. Quickly after that, it wen't down like 60+ %. I was tempted to sell but I endured and it came back, and now my money is doubled. I did not tell my wife until the money was positive, luckily I had quite the salary and the money i invested was saved, not loaned.

Would you regard that as your money, or you and your wife's money?

If I were married I'd only be making bets with money that was unequivocally my own, and I wouldn't tell her indoors about them either.
member
Activity: 190
Merit: 59
That sucks man.

If it makes you feel any better, I invested around 170 000$ in a stock market. Quickly after that, it wen't down like 60+ %. I was tempted to sell but I endured and it came back, and now my money is doubled. I did not tell my wife until the money was positive, luckily I had quite the salary and the money i invested was saved, not loaned.

I know it is not the same situation,  you are in much more deep sh*t. If you sell now, you will sell for 90% loss, this will just postpone your bankruptcy a few months, so the pain is coming for you anyway. Therefore, you should endure. Hold and hope for the best. I am not sure if you should tell your wife now. If your salary is good enough to cover the payments and still live decent life so the wife doesn't suspect, don't say anything. In my opinion, if you sell now you are doing what (((they))) want, they took your money at high, paid you 10% back, and will rinse and repeat this cycle. Hold is your only option

Good luck
full member
Activity: 518
Merit: 101
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'd like to say two things,

1. Don't think you are loser, believe in long-term
2. Don't let your wife know as long as possible.

You can tell her after selling your investments!
sr. member
Activity: 882
Merit: 297
Instead of holding if you have also traded then your purchase price would have come and you would have taken your investment out and now this coins would have been free for you. But still if you know trading then with this coins you can daily trade and make profit, Like on daily high sell and then buy back keeping 5% profit ration so like this you can gain some investment back slowly. This is the only way to get out of your loss. other then that holding is the only option and that you can not do until you dont disclose this situation to your wife.
member
Activity: 490
Merit: 10
SEND AND RECEIVE MONEY INSTANTLY
Your situation is very bad unfortunately. First of all I wish you had read this forum in more detail. I've seen dozens of times warning that they don't invest in cryptocurrencies with lending money.

Of course, there is nothing to do after this time. I think you should accept it and talk to your partner.
hero member
Activity: 1459
Merit: 973
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 sir have balls.Respect to those big balls.I hope any whingy judgemental feg cunt who tells you otherwise should go and die from a miserable snowflake form of mutated cancer ebola.Gamblers we salute you.
full member
Activity: 410
Merit: 100
Give up!)The wife will kill you,but it's not forever)))the Situation is terrible,you're screwed man,but know you're not alone,we're all screwed)I do Not know if we have the chance to get out of it.Let's hope for the best.
full member
Activity: 616
Merit: 100
i think you should tell your wife as soon as possible. i know she will very angry but if you dont talk right now, you will regret it. so talk with her as sson as possible about your investment
legendary
Activity: 2016
Merit: 1107
sad to hear it Sad you are not a loser
but you are a gambler , you gambled on ETH to increase in price and you made the wrong call
it happens, do not despair, after all you had a paid off house to start with
how many people here can boast that? I guess not everyone has a house worth 300.000
what I suggest- you talk to your wife and tell her everything
if she loves you, she will understand and you will feel much better
as for HODling or not, I would hodl - if you sell now you will lose like 70% of the value
if you can wait for a year or more, do it
jr. member
Activity: 406
Merit: 2
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.

Not a loser but more of you being cover by your greed so you do it. If selling off the ethereum you have at the moment can help you settle partial of the mortgage you should do so, although i believe in the future of crypto but when will the exact date be i does not know let this be a heavy lesson don't be greedy anymore greedy is more like gambling and not investing or trading.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
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 took the risk then better to stand.
If you sell now then you will lose badly. If the price drops further then your loss will be bigger. Personally I will wait until I can sell with the minimum possible loss...
full member
Activity: 378
Merit: 100
I'm very sorry for your loss.The wife needs to tell the truth and preferably the sooner the better.It is urgent to buy the house, until all is lost.This is a very difficult situation, but I can't comfort you.It's only going to get worse.
full member
Activity: 2324
Merit: 175
This story is Bullshit. No one could be this stupid.

I don't want to be in his shoes now, his wife could file a divorce or even sue him this could ruin his life, this is what happens when you invest your earnings, it should be investing what you can afford to lose, and he learned this lesson the hard way, I pity him.
member
Activity: 270
Merit: 17
This story is Bullshit. No one could be this stupid.
newbie
Activity: 42
Merit: 0
in trading very thing should be done with calculated risks or else it will cause us too much of lose 
newbie
Activity: 30
Merit: 0
I recall this "bitcoin family" in Europe. They're all in but the guy had obviously made his riches elsewhere and then put a substantial amount in an earlier Bitcoin bull cycle (and cashed out). So I guess the best thing now is be honest with your wife. Always remember to purchase with what you can afford to lose only otherwise it becomes an addiction like going back to casino.
sr. member
Activity: 1988
Merit: 453
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.

OK.. You need to stand up and face the challenges courageously. Let bygones be bygones. You can't reverse what you have done. And there is no point in running away. Just be a man and tell everything to your wife.
member
Activity: 840
Merit: 10
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 am sorry this is happen to you. But my advice is be honest with your wife. Maybe at first time she will be angry but accept it because its your fault. You are not a loser if you are telling her a truth
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