I lost my life savings trading Bitcoin Don't be like me. - page 2.

Lorence.xD

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

Sorry for your experience, but that experience would be a lesson for you please don't take it bad for yourself because your only intention was to earn money. Well you can really earn in trading but if you rush things out you will just get pressured which affect your thinking and skills. It's alright to share your burden even here the forum just remind that when there's a risky thing that you are going to do, please invest in yourself first with knowledge and time. Easy money is possible but of course it has a high tendency of risk which can result to your situation. Please talk to someone, find help there's nothing wrong with opening up your problems with anyone. For sure there's still someone that can understand your efforts and feelings.

shivansps

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No matter what happens, you can't take your own life if I understand you correctly. Suicide is not an option. Thus, your family will have even more problems, mainly psychological ones, you should not let this happen.
Remember, no matter what you face, no matter what problem happens to you - remember that there are people who have been in this or a more difficult situation and who managed to solve everything.
I think that you have no right to give up, you should solve these issues, then write a book about this situation and which will be an example for people who think they are in a hopeless situation. God will support your determination. You can't give up

michellee

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Don't feel sad @OP. You are not alone because many people still have not been able to earn or make money quickly. Everything requires a process to get something, so we have to be patient to go through it.

Don't give up @OP, because who knows, the next step will determine your success in getting what you want. It's only a matter of time and we are all still living it and rest assured that you can and have the opportunity to get it. We deserve what we want but must be patient and keep going.

Let's walk that path together and learn to get what we want. Experience is the best teacher that can be a lesson for the future so we must keep trying.

adpinbr

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I will advise you to understand what the word tradings is.
And it all depends on the platform you involved in, my contribution to this is that.
You shouldn’t listen to anyone telling he trades bitcoin.
If you have the hug of trading all you should do is to understand the bitcoin chat and follow some new and some thing that effect the increase and decrease of bitcoin.
Follow bitcoin talk and what it trending.
You will know when to buy and wait.
Just be careful and don’t be scared of losing always try to do new things because you are leaning.

Gallar

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

~Snip

If you are trading in cryptocurrencies like bitcoin, don't be quick to say you have failed. Because in the crypto market, especially the bitcoin market, you make trades, which is certain in these trades there must be something called price increases and price decreases. So if you feel like a failure just because the crypto/bitcoin asset you bought has decreased, it's actually not a failure, but rather a market price cycle in bitcoin trading that you probably haven't learned about. Because as you said in your post, in fact you are too ambitious to be able to achieve big profits but want it in a very fast time. You need to know in the world of investing or trading bitcoin, having a rush without careful calculation is indeed very dangerous and can make you fall into a loss.

Maybe you don't learn thoroughly about how to invest or trade properly in the crypto market, especially bitcoin. The second possibility is that you also don't seem to have studied in depth about the origin of bitcoin and how the volatility of its market price is. Because investing or trading in bitcoin, actually for now, there is no very deep price drop. For example, if there is a decrease too, you just have to wait until the price goes up again.

So what actually happens to your bitcoin asset, do you buy it and then the price goes down, then you sell it at the price that goes down?

KiaKia

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I am about to sound very harsh but I think you deserve it, you want to start trading you know nothing about trading then you decide to use all your life savings for trading, are you stupid or something? are you on drugs?

we are talking about your life saving here man, I'm starting not to believe this story of yours, i don't think this is true I think you just made it up, just for topic-creating sake, you are just looking for attention or something, this can't be true, Life saving takes decades of savings and hard-working you can't just decide one day to start trading with all your life savings something you have been Gathering for the past years it is not possible..

I won't believe unless you show some facts through screenshots.

Plaguedeath

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Listen, suicide isn't a way to end your life because there are still many thing you can do in this life before you die.

Maybe you hate with Bitcoin since that's the way you lose all of your money, it's fine if you never want to touch Bitcoin anymore because Bitcoin isn't the only one currency or investment in this world. If you can get up from your lowest condition, I believe you will become a very strong person.

Smack That Ace

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

Sorry for your loss, although many people have made a lot of money from bitcoin, it has also caused many people to lose a lot, even lose everything like you. Because bitcoin is an investment, there are risks in addition to returns.

You are newbie, I would advise you to stay away from trading, it is not for newbies and it is not something that can make us rich quick. If you still want to invest in bitcoin, still want to try again, I suggest you start with holding, stay away from trading if you are willing to lose. Failure is the mother of success, no one succeeds without ever failing, so don't give up, get up and start over.

bayu7adi

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dont be greedy

I share your sorrow regarding the unfortunate incident that befell you, causing a significant impact on your finances. The notion of generating wealth through minimal effort is not a path to instant success. While you managed to engage in trading and accumulate substantial wealth, only to lose it, the allure of alternative investment methods will continue to tempt you, potentially leading you into future pitfalls. Ultimately, a scenario akin to your present experience will unfold; only the timing will differ.

True triumph lies in embracing the journey. Instant gratification is ephemeral in nature. Through this process, you will refine yourself to wield command over your assets. The more adept you become at managing finances, the more sources of income will bestow their benefits upon you.

Therefore, consider embarking anew, even when you are youthful. A single misstep does not equate to permanent cessation. It should serve as the impetus to rise once more.

HONDACD125

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

Profit and loss are associated with every business.If you have traded in the cryptocurrency market without experience and knowledge, then this is definitely the reason for your loss.Easy and quick money can be made here,but inexperienced people easily lose money here.However, mistakes are made by humans.Try to manage yourself. Share your problem with your family and friends.The result will be better in your favor .If you regret your mistake, that is also a good thing.Don't think of yourself as a failure There are many people who have made huge losses in business or trade, but they didn't embrace failure, rather they turned failure into success with their hard work and effort.Life is very precious and the world is very wide. If one door closes, a hundred doors open.So one should never despair of life.

Findingnemo

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Bitcoin = Financial freedom

Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I think this will be my last message to the world, I am sorry

If you are saying this means you need to see a therapist ASAP.

I hope you are okay.

If anyone put themselves in this situation then all you need to know is its part of succeeding and you can't expect to become rich in your first swing itself cause in the real world it may take 10 times, or 100, or even 1 million but the take away should be what did you wrong while you lost instead of thinking why you lost.

This has nothing to do with Bitcoin, it's all about impatience and lack of knowledge on something that they are about to risk their money.

arabspaceship123

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Trading isn't easy there's risk to it. You won't be alone who's made losses others make losses every day because it's process of trading. You didn't say important details. Where you traded how much you lost was it savings or loans from banks. Give more info.

Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading.

NotATether

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Quote from: WillyAp on August 07, 2023, 05:17:06 PM

Well if you started trading as someone without a decade of knowledge you are obviously not made for trading.
Don't listen to people saying its easy.

Exactly.

Do not trade just because someone says on social media that you will make lots of money. Usually, that only happens if you're also experienced at trading, which is a job like other jobs, and so requires years of training and practice.

Delete all exchanges, Robinhood, and other stock traders and only use an exchange if you need to deposit and withdraw money.

Fivestar4everMVP

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

Hey my friend, you made a mistake and that's all, there is absolutely no need being so hard on yourself, you lost money that's right, but its just money you lost, don't loose your life also bud, that will be the worst loss ever, remember that money you lost is not worth your life, no matter how much we are talking about, stay alive and trust in God, i tell you that you will recover all that you think you've lost in the shortest period of time.

If you are here and can still read this, please don't go that riot you are thinking about going, there is no road there, you will just end up destroying yourself forever, and put your family into perpetual agony, remember, by being alive, you are hopeful for a better tomorrow, while you are alive, you have the opportunity to write your wrongs and make them right, but when gone, all hope and opportunity is lost for ever, don't do that please, you can still recover all the money you have lost in bitcoin, bitcoin never runs away, if you lost money today, bitcoin is still here, go back to your drawing board, write all your wrongs and corrections, train yourself again, prepare and come back better than before, and trust me, bitcoin will pay you back all the money you lost, and even more.

BitcSeo

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Quote from: SmartGold01 on August 07, 2023, 05:35:13 PM

Hey mate

Don't think of doing nasty things as world isn't the end due to your failure or inexperience in trading doesn't mean you should do something very silly because of your lost. Have you considered life is far more better than what you thought?
Yes! this is true because just 10k$ or 1M$ can not be quantify or equates to your life simply because you lost your money at the cost of trading or having to get involved with scammer who cheaply swept your funds away from you doesn't mean you should commit suicide for any reason.

There are some people who had gone a long way but they don't give up for any reason, the reason of life is to fall and get up dust yourself and pick a wave and direction to follow instead of wanting to sink to due to a little hit or a silly attack launched to you, why on earth have you been so loose to have gotten your funds swept or do you in any way follows a copy trade or implore a trading bots?
These are the common things that makes man cry so loud because of the malfunctioning of the bots could possible lead to the drain of your account.

And again, something possible could happened to someone in the crypto industry is when you applied so much greed and quest to make profits easily lands you in a quick lost because you were desperate to profits, and the scammers often use those who are desperate to enrich themselves so easily and they easily fall for those cheap scammers.
Well, just brush up and take another wave of your life as I think today is not the end of a man or woman, in as much as you are still breathing you can't overcome dangers and problems. In fact as living beings you would always meet problem at point of your life, it could be today or tomorrow but know it at the back of your mind that is something inevitable, and off course, it could come from family members or children maybe possibly your wife.

🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀

"..........quick lost ......"

🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀🏀

I got that phrase! Sure he/she will surely get over it.
Sometime's loosing the wrong way, is a pathway to learning the right way.

15 years back i lost money to ebay/paypal scammers!
Today, those experiences made me a PRO on this platform.

Regards

flyingcarpet

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

I think you trade in Bitcoin. If it has fallen below the price you bought, you can wait for a certain period of time. Bitcoin will rise above the price you bought. I can't say this for other cryptocurrencies, but that will be the case for Bitcoin. If you have lost your money in leveraged transactions, get well soon. I never recommend leveraged trading. I think they are obstacles to the development of crypto. Leveraged transactions create a negative image in people's view of crypto.

We may make mistakes in life, but every mistake becomes an experience for us. So start striving for good days. Of course, these bad days will pass.

DisabledAF

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

Hey, you lost some money, but you should not lose your life because of that. There is a lot worse things in the world. But I know how u feel. I lost my health condition when I was 13 years old, after failed surgery I'm disabled, I need wheelchair. No chance to walk again. First months, resp., 2 years, I was totally depressed. But I found a sport, and this move was the starter to my happiness. You just need to restart ur brain and learn from ur mistake.
All good to you mate, especially health!
Fingers crossed, and I will be happy, that u will send a message after one year that u are on the right way

sokani

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Quote from: Wozzie on August 07, 2023, 05:06:27 PM

I don't know why am I am posting this here but I wanted someone to talk to. Since I can't talk about this to my family or friends because I am ashamed of myself. I am lazy piece of garbage who tried to make money the easy way, and get rich quick trading. I have failed my family and myself, I deserve everything that happened and will happen to me. It's time to take accountability for my actions. I think this will be my last message to the world, I am sorry

I'm sorry for your loss mate. In my local dialect, we have a adage that says what doesn't kill you can only make you stronger. Some of us here have made some crazy mistakes in the past maybe in ways you could not possibly imagine but we learnt from it, left it in the past and move on. I won't blame you that you would have study more, gain mastery of trading before venturing into it or you would have only traded with what you cannot afford to loss. But what I can tell you is that you have made your own share of mistake and I know it socks. But you can learn from it, put it in the past and please don't do anything suicidal.

taufik123

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Hey bro, rest assured you are not alone there are many people who have experienced more extreme losses.
Make it a lesson so that you are more careful, if you trade in Bitcoin you just need to hold it and don't sell at a low price below the price you bought.

Remember Bitcoin is the best long-term investment, all you need to do is be patient.
But if you trade futures, it will not be saved if you get liquidated.

I have also experienced events where I had to lose my assets from personal savings because of past ignorance.
That will be a lesson for a better future.

HajiBagi

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I'm sorry for your loss, but I want you to understand that everything that has happened to you has happened because God wanted it to. Every mistake a person makes has its own time, and if you are a trader and have never lost money, you will never know how to avoid mistakes and learn from them. You cannot say that you are ashamed of yourself or that you have let your family down. Every man's demise is not the end, and this provides you with an opportunity to remember that trading is not something to rush into and that investing your money does not guarantee that you will become wealthy over time.

I want you to keep your head up and not consider this a mistake because you have also learned a lesson from it: regardless of how skilled you are at trading or investing in bitcoin, you must be aware of the rules and regulations and understand that you must wait for the right moment to act or that your luck must be on your side so that when you sell your investment, you will make a profit. Gluttony is another factor that led several newbies to lose their life savings, and if they read this thread, they will likely gain a better understanding of the situation.

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