This is like digging up your own grave, sorry for your losses. Don't you have other things to do like a day job to get back up? I don't know what your real situation is but I would have not gambled all those satoshis.
You’ve got the point there mate since there are lots of things to do while waiting for the price of bitcoin to grow.and I don’t get the idea that he invested in bitcoin around 13k value but not willing to wait for bullrun.and he said that he bought over last 2-3 years ago but 2-3 years ago but the highest value of Bitcoin ever recorded happens almost two years ago.if he tells the truth here then he must be in profit last December 2017 right?sorry but I’m just confuse about the story 
Topic: I've lost - page 10. (Read 5095 times)
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
A day is coming when Bitcoin will be trade above $100,000 and it is not far from now again. I really think you did not invest your capital rather you gamble with the capital. Buying bitcoin and holding is the best ways to trade bitcoin but you must be patience enough to make it big. How many years you could have hold and you could have made it big if bitcoin grow above $50,000 or so. It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
Sad to hear it out mate and i would say why you have consider gambling to be an option to recover losses rather than on doing trades?It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
Its really a very wrong decision for someone to gamble just because they do like to recover on what they have lost on their investment.
Gambling can possibly give it but its high risk yet we know that this is a game of chance.If chances turns out on different way then you do know that
results would be different on what you do expect and makes your problem even more worst.
It is hard to see those losses mate, your first loss if when the time that the price drops and it aggravated by your wants to make a comeback thru gambling that might be the easiest way making profit and also that is also the fastest way to lose your money. Well that is life there are lots of gambler there who loss more than your loss you better move on and make new beginning.
In my opinion, this should experience should become a lesson for you when you didn't make it to the wave of movement for Bitcoin and have lost the initial amount of money when the price went to 13k to 14k Price, You should hold it instead, And as another wrong thing you did it to gamble the remaining value of it to Bitcoin Gambling site without checking or researching first of what might happen next, but I guess that you have experienced it first hand and now that you know that there are forum site that would sure gladly help you not financially but as a thing of advice and speculation for the next big thing about the movement of bitcoin you can sure turn to us, You can sure treat this community as a family.
I know that feeling my friend, when we try to recover the lost and we don't care if we lose all, it comes with depression and feels terrible... The best thing to do is to get away from gambling and start saving money again. Is hard to start from zero but sometimes the best thing to do is to accept de loss and don't look back. Just take it as a lesson, was a hard way to learn.
With the experience you provided. Surely I will make learning for the future. When I want to invest or gamble, I have to think about everything seriously. So that nothing happens the same as you. You can still survive.
Sorry to hear that mate, I think you take a big risk here so I guess you have to pay for it. Not rubbing it in, and I do hope that you learn a very hard and expensive lesson that gambling is not the solution to recover what you have lost in your invested, on the contrary it make it worst.
And I'm sure majority of investors or gamblers here have been in your position one time or another. It's really a painful experience, but that it life and you need to face the consequence and just focus on the future. So best of luck to you!!!
And I'm sure majority of investors or gamblers here have been in your position one time or another. It's really a painful experience, but that it life and you need to face the consequence and just focus on the future. So best of luck to you!!!
I think the OP can move on, but sometimes its better if you can vent it all after losing big time. Well, I'm also in a losing streak right now, feels very sad but as you have said time to move on and forget everything. So I guess I need to go on a hiatus for the next two months, specially that the price of bitcoin is increasing, its not going to be easy to lost .1 - 1 BTC.
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
There are a lot of helpful, kind, friendly people here. Let me tell you my advice.
You can’t change the past, what you’ve told us makes me sad but in life you can’t change things in the past. It may make you feel terrible but you have to concentrate on & focus on the present & the future. Learn from your mistakes, don’t repeat them. Do what makes you happy, surround yourself with people that make you feel good.
Things will get better, time heals the mind & soul.
I wish you the best of luck OP.
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
Life keep teaching lessons,sometimes it cost a lot even entire life savings as well but take this as lesson and learn how these things works.Patience is much needed thing to make money if you just go and want to make money on th same day then we will probably end with making nothing.I faced the same kind of situation on business but now managed to recover my life back using crypto investments so you still can make your life with what you have left. It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
If you are something like asking for help sorry but we all have priorities in life and since you gambled that what you have said as Your all savings I think it will take you a longer time to recover
But in one point you admire me from being honest and also you have been a good example for the community that never lose hope for the currency we are holding most specially if this is bitcoin because as like you’ve said the price today got pump again years after you risk those bitcoin of yours to gambling
Don’t worry even if you had lost money still you give hope to others that is having same as what you are these days
But in one point you admire me from being honest and also you have been a good example for the community that never lose hope for the currency we are holding most specially if this is bitcoin because as like you’ve said the price today got pump again years after you risk those bitcoin of yours to gambling
Don’t worry even if you had lost money still you give hope to others that is having same as what you are these days
Could you please share how did you get $60k ? I mean it is time for doing that again to earn $600k; Yes, the 10 times of your lost money. Never give up or get frustrated. Just think about what you need to do and never turn back to gambling as it will never help you to earn nor to recover.
Just forget about gambling and your $60k. But, just try to repeat the process of how you made $60. Because, that would be the easiest way to recover your losses and to multiply your savings. You should have waited for the bitcoin prices to recover and I like to suggest you to keep investing in bitcoins as bitcoin price may hit one million levels by 2020 or 2021. Keep earning and keep saving in bitcoins. You can easily recover your losses.
Just forget about gambling and your $60k. But, just try to repeat the process of how you made $60. Because, that would be the easiest way to recover your losses and to multiply your savings. You should have waited for the bitcoin prices to recover and I like to suggest you to keep investing in bitcoins as bitcoin price may hit one million levels by 2020 or 2021. Keep earning and keep saving in bitcoins. You can easily recover your losses.
It is a really unfortunate story, it is a fairly huge amount to loose and if you invested your life saving in bitcoin why would you loose hope when the market goes down, you never had any idea that the market will recover eventually, if you invest in bitcoin you have to learn how the market behaves rather than making emotional decisions and end up loosing everything in a gambling site. Nothing can sort your issue now if you would have asked this before gambling everything you would have got good advice.
That is very unfortunate, but a beginner without a mentor will not know where he should go when he is new to bitcoin. All they know is to try to buy at that time and wait until bitcoin rises, but because they don't know how the market moves, they suffer losses.
I understand this is our problem here, where beginners don't have a guide and don't know where they should go. Education is very important here, so we must guide them to the right path so that no bad people make use of these beginners.
OP experience can encourage us who are already proficient to educate the newbies who will come so that there are no more casualties. Well, although losses cannot be avoided, at least we reduce them by educating them.
Losing money is heartbreaking, yes, but if we are not going to move on and keep on agonizing and regretting what we did, we won't make a change, we'll remain broke and sad about the things in life and it is going to destroy us.
Well, there's a point, hopefully the OP will take valuable experience from this incident. And it is true that the experience is the best teacher but it is better if the beginners have a mentor to reduce losses in their investment.
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
What I can say is that there isn't any easy way out. If you aren't determined to quit for good then you're just screwed, plain and simple.
There really isn't an option for you.
It's good that you have recognised this problem and are trying to speak out publicly about rectifying it potentially. But that doesn't mean crap if you don't do anything about it.
Occupy your time with something meaningful. Gambling urges come when you have nothing to do. Also, get out of the mindset that money is going to come quick. Every cent needs to be earned, and money which comes from sheer and pure luck will never last. Realise that.
If you gamble because of the social aspects of the "community", find some irl friends.
I can't imagine the feeling you're going through right now for I am not and I have not been in your shoes. Sorry for your loss. All I can say is, that's life. Life itself is gambling. It's all about taking risks without knowing the possible outcomes. But do not let your downfall hinder your upswing. There's always a way to get back up. I know it's easier said than done but take it as your drive to move on with your life, and do better the next time.
They say experience is the best teacher. I'm sure you have learned something from that. And you know what, for some reason, I have realized something, too. It's to be patient. I am well aware of the fact that bitcoin is prone to volatility. I'm sure all of us know that. So, it may go up or down any minute, or any hour, at any day. I also get disheartened when btc's price goes down. But as a btc holder, I always remind myself that, "It'll go up again."
This may not be the perfect place to let your feelings out, but you'll surely find something here to make you feel better. All is well.
They say experience is the best teacher. I'm sure you have learned something from that. And you know what, for some reason, I have realized something, too. It's to be patient. I am well aware of the fact that bitcoin is prone to volatility. I'm sure all of us know that. So, it may go up or down any minute, or any hour, at any day. I also get disheartened when btc's price goes down. But as a btc holder, I always remind myself that, "It'll go up again."
This may not be the perfect place to let your feelings out, but you'll surely find something here to make you feel better. All is well.
Sometimes things didn't turn out the way we wanted to, because failures are part of our life, we can't learn if we are always right, we can't achieve success without failures, in short, if you are going to look in the bright side, failures are the one that keeps us going, what makes us keep on trying, because we knew that if we don't give up, the right time will come when we are going to have what we wanted in the first place.
Losing money is heartbreaking, yes, but if we are not going to move on and keep on agonizing and regretting what we did, we won't make a change, we'll remain broke and sad about the things in life and it is going to destroy us.
Losing money is heartbreaking, yes, but if we are not going to move on and keep on agonizing and regretting what we did, we won't make a change, we'll remain broke and sad about the things in life and it is going to destroy us.
Sorry for your losses too, but blaming your mistake isn't right to do right now. I agree with some people, you must move on and try to earn money again (not in gambling definitely).
Actually waiting for bitcoin to hit 13k again isn't "waiting forever", last time bitcoin reached 13k was around Apr'18, and it back again around July'19, so you only need to wait ~1 year to get your money back if you didn't gamble it
Actually waiting for bitcoin to hit 13k again isn't "waiting forever", last time bitcoin reached 13k was around Apr'18, and it back again around July'19, so you only need to wait ~1 year to get your money back if you didn't gamble it
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
I agree with some members above, you're trying to rationalize your loss but the main reason behind that is obviously a gambling addiction. Except for few big scams, people don't lose all their savings in gamble if they are not addict. So you should consult a doctor, maybe a psychiatrist to help you. I think there are some drugs or psychotherapies that can help you to fight your addiction, don't underestimate it. It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
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That is a big mistake you've done, and now, you've got an important lesson from gambling. I hope you don't make the same mistake as before because you got terrible experience. But you don't have to give up, and you need to stand up again and trying to make money in many ways even if you should do work in your real life. I am sure that everything will be back to you and use your bad experience as a lesson for your future.
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