Topic: I am a loser. My only question now is, how do I tell my wife - page 4. (Read 2077 times)
December 08, 2018, 05:35:43 PM
This is a terrible story and I sympathize with the author. I think that in the future we will be able to make good money on all this
December 08, 2018, 05:26:07 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, just tell your wife and be honest, you are not a lose!
make it hold longer and wait for the ETH 2.0 with POS...
Market is not good now but soon it will 2019 will be a better year for us.
Just ready your face for some blows.
December 08, 2018, 05:12:34 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 think you better telling her the truth about the condition. Explain her about cryptocurrency and about market movement and your portfolio. I am believe she will understand if you are honest with her. Maybe you can hold your coin but i am believe you can not predict where market move.
Even though you are loser or winner, you should tell your wife about it. If you wife is your real partner, only then she will always be with you and help you in every situation. On the other hand, if she is not willing to stand with you in dark times, she should be deserve to be your wife.
December 08, 2018, 02:36:48 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.
It's hard to say this, you don't think long before investing...Your biggest mistake is investing in lust and not thinking, especially until you pawn your house.. it's very wrong
and you'd better be honest with your wife because sooner or later she will know too...
December 08, 2018, 02:27:35 PM
Sorry about this. You shouldn't have put as much as you did, because of the condition of the market. I too I bought an altcoins, am now in deep shit because it dumped beyond redemption, can't even pay my house rent-age in full, my wife keeps looking at me like what did I do? I think you may have to sell some holding when the market move some bit up, selling will be very bloody, because of heavy losses.
December 08, 2018, 01:46:14 PM
I will advice to hold the ETH and find a way out to settle the mortgage till we see next bull as selling it now will be a total loss and a big loser indeed , so pls just consider it lost and find another mix to settle the bill and wait for when it will pay back in bull am sure by then you will forget the stress you are in now.
December 08, 2018, 01:35:29 PM
Bro if you dont need the money, hold it. Wait to the boom, and then sell. You have to keep calm and have patience, i know is difficult with all in red. Personally i would hold, i cant sell easy. You have to make PROFIT. I hope you have luck.
December 08, 2018, 01:29:24 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 think you better telling her the truth about the condition. Explain her about cryptocurrency and about market movement and your portfolio. I am believe she will understand if you are honest with her. Maybe you can hold your coin but i am believe you can not predict where market move.
Even though you are loser or winner, you should tell your wife about it. If you wife is your real partner, only then she will always be with you and help you in every situation. On the other hand, if she is not willing to stand with you in dark times, she should be deserve to be your wife.
December 08, 2018, 01:12:08 PM
This should be a wake up call to all of you wannabe investors. There are 2 rules that you always follow and that every professional investor and trader will tell you to follow.
The first one is, you invest only what you can afford to lose, which is only spare cash lying around that you're holding as your emergency money.
The second one is, you always exit when the price goes lower. If you buy at 5000 and the trend reverses into 4900, you sell. You only hold when you have a safety margin, like for instance you bought at 5000, the price went to 700, and is now falling towards 6500, you don't have to worry until it hits 5100 or lower.
The first one is, you invest only what you can afford to lose, which is only spare cash lying around that you're holding as your emergency money.
The second one is, you always exit when the price goes lower. If you buy at 5000 and the trend reverses into 4900, you sell. You only hold when you have a safety margin, like for instance you bought at 5000, the price went to 700, and is now falling towards 6500, you don't have to worry until it hits 5100 or lower.
December 08, 2018, 01:06:08 PM
wow! this is painful but if you sell now you will lose it all and I know it is hard but wait till next year but you have to tell your wife about it because it will lessen the burden
December 08, 2018, 12:50:33 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.
Go to your wife, and tell her honestly, what you did. And there is no fault yours. The condition is not your site. If you wait some days your good day will come again. I think your wife first will be getting angry and then after a time she will be cool. She can understand you. And I think you should keep holding your ETH coin.
December 08, 2018, 12:22:12 PM
As a woman and wife, I wouldn't want my husband to hide such an act from me. If we took a mortgage together, it means that we must solve this problem together too. I'm aware of all the affairs of my husband, since we are together here in crypto. In the family, everything must be built on trust. It is a pity that you didn't tell her before. Now she may not forgive you.
December 08, 2018, 12:21:30 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.
No, you don''t do that! Never mortgage your house over any money, there is almost the trap that you will not succeed and be left with nothing. I'd suggest to tell your wife the truth and try to figure it out together. HODL may not be the best option now that market keeps crushing.
December 08, 2018, 12:09:36 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.
It all depends on whether you are able to survive longer without selling ETH. The price will start to grow sooner or later and will certainly recuperate those losses.
Maybe just sell only small amounts for the most necessary things, until the prices start to grow.
December 08, 2018, 12:02:14 PM
It was rather stupid move to mortgage your house even for bitcoins. If you are brave enough to accept you are loser then go and tell your wife til the situation gets worse
December 08, 2018, 12:02:02 PM
The deed is done and it's too late to change anything. Therefore, is meaningless to think - correctly whether you did or not. But I wouldn't hide it from wife and advise you to tell her everything. Because, it is your common property.
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.
First rule of any financial market is " Do not invest the amount which you cannot afford to lose" and you broke this rule. Its really sad that you mortgaged your house for ETH which is very new in this financial world. I can understand your situation as I made same mistake once, not invested such a large amount but the money which I needed, I invested in forex which I lost later, it cost me around 3-4 years to get be on track. I would suggest you now to just keep holding your ETH, may be for 1 year or more, adjust your expenses and be patient, there is nothing much which can be done at this moment. Lets wait for market recovery and last do not tell anything clearly to your wife but give her just a hint that you have invested money somewhere and it locked for sometime.
Yes i am a loser, i don't have nothing to say my children and my wife because 75% losses of total amount. I am fully astonished by seeing this panic market.
People need to learn that investing is risky and should only invest what you can afford to lose not like borrowing money, taking a loan, selling your stuffs and the likes. It's really not a good decision and it doesn't work for people that take these steps at least 70% don't result in a good way. Let's learn and not be greedy.
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.
Hey this is very sad to read, and I'm sorry for this but I think you should find alternative ways to earn money online. I would suggest to sell some services or you can even become a reseller of popular services, another way is to sell clickbank products. I would advise you to also come clear with your wife, as you two can figure a way out, and do not sell your coins as the price is way to low for now.
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