I've lost - page 7. | Bitcointalksearch.org

Chrystora123

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Omicron is another FUD

Quote from: user24601 on August 06, 2019, 12:46:00 AM

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.

one thing that is very important is "patience", a misstep in making a decision can make you regret it for life.

I also had a hard time when the price of Bitcoin dropped to $ 4k, at that time I was eager to sell my coins because I was afraid the price of Bitcoin dropped again. but luckily I didn't do that, I have little confidence that the price of Bitcoin will go up.. it is proven that currently, the price of Bitcoin is rising again from December 2018 which only costs $ 4k Grin

jakoylantern

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Quote from: user24601 on August 06, 2019, 12:46:00 AM

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.

For me, that's the gambling world works its either you win or lose and to your situation you loss almost of your saving and investment, but imagine what if you won? Would you stop and take the profit or continue until losing all your money. Two-three years in gambling and end up losing all saving is really frustrating; you must see the other picture that over those days you enjoy playing, gaining skills and learn much available lesson that doesn't spend all your money in your addiction and focus on your future. You can't take back your money, but in the second chance you have, I'm sure that you can earn more than you lose.

Ridwan Fauzi

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At least I can deny to some people who argue that investing on bitcoin is close to gambling. The price of bitcoin is really made its investor be caught in a snare, yeah I really passed it with many confusing to make a decision. I came across and I started investing on 2017 ago when its price was $15.000 and I was tried to bought it with the target if bitcoin reach $25.000 I'll sell it buy it never happen the price just fallen down and me to wait a long time till I made a decision to sell it with a lost situation.

In your case I really deplore when you choose a gambling place to replace your loses when investing in bitcoin. I can't imagine it, even you brave to took another capital in your saving money to recover your loses. But I don't think you made it because you find a fail continuously, there is a time you won a huge betting but you just continue to play and forget bad things to happen. Made this thing is an experience for you to face any situation in the future in your life, and also this is a learning for me/us in order to remember that there is no way to gain money through an easy way.

robelneo

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Quote from: user24601 on August 06, 2019, 12:46:00 AM

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 hope you are ok, it's hard to be after experiencing two bad decisions that cause you such a huge amount, don't you have a financial advisor to give you a piece of sound advice when facing this kind of situation, they are not cheap but it will save you thousands of dollars.
People who are investing a huge amount in a volatile market should consult a financial advisor, they spend years just to save other people's money from bad investment decisions.

aioc

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Quote from: user24601 on August 06, 2019, 12:46:00 AM

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.

The feeling is really horrible every day, it's like you won a lottery but the ticket was destroyed, but it's nice for you to post your story here, it's very depressing but at least many will learn and take the lessons coming from your experience, investing in Cryptocurrency is really very risky but investing in gambling is ten times the risk.

Naida_BR

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Quote from: Ucy on August 08, 2019, 02:21:30 PM

OP is probably a noob who didn't take his/her time to learn and research how trading works. Inexperienced traders normally should start small until they learn how to trade properly.
Adults don't usually make this terrible mistakes to be honest.
I think you should try and start again... It's is not the end of the world. We all make terrible mistakes. What matter is how you recover from the mistake. Wish good luck.

How is trading connected to that?
OP states that he lost on gambling. And there is not any guide on how to gamble. The only rule is not to risk all your money and not to gamble money you cannot afford to pay.
He didn't follow this golden rule and he is lost now.

XCANA

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Activity: 1470

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Greediness is what make OP lose such amount of money land that could have happened to anybody irrespective of their strategies in the world of gambling, shun greediness and be rest assure to make profits at the end. Even in trade, shun greediness as this can cause more damage than you think.

LogitechMouse

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Quote from: Hypnosis00 on August 07, 2019, 05:01:36 PM

It makes no sense at all...if that is a continuous, better not to gamble anymore or you are just throwing your money. Losing every time we gamble is something alarming and I don't know if there is a place for us in gambling or we just let it happen. Isn't a common mistake and it could be learning for us if we stop doing this before we totally get nothing.

Lack of self control. That is the problem why he lost many money in gambling. I know some of the gamblers who are gambling wants to get their money back if they lost and this leads to a continuous lose of money. Its a common mistake to do revenge trading but you can't blame them because that is how they think. Let them be.

dataispower

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Sorry for your loss but do not apply greed in gambling, always gamble with what you can afford to lose, it's a norm all gamblers know about. Start small, then use funds from your wins to continue. Also, do not gamble constantly because you want to recover all your loss, with that mindset, you keep losing.

Ucy

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OP is probably a noob who didn't take his/her time to learn and research how trading works. Inexperienced traders normally should start small until they learn how to trade properly.
Adults don't usually make this terrible mistakes to be honest.
I think you should try and start again... It's is not the end of the world. We all make terrible mistakes. What matter is how you recover from the mistake. Wish good luck.

Oilacris

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Quote from: panjul07 on August 08, 2019, 01:25:41 PM

Quote from: user24601 on August 06, 2019, 12:46:00 AM

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 know what you feel when the price dropped too much after you bought it but you did make a wrong decision. Actually you can just hold it or trade it to gain some profit and you may recover what you lost because of the price drop.
You decided to gamble it to recover but unfortunately you were unlucky on gambling. Bear in mind, dont use gambling as a way to make money. Dont try to chase your lost on investment by gambling.

Making gambling as one of your options to recover on what you have lost will just worsen up the entire situation.

We know the risk on gambling and it isn't worth for it to be included on our last resort.Sometimes our panic and emotions do lead
us into wrong decisions just like this one.Selling out to panic and making gambling as an option for recovery? A very big mistake to take.

panjul07

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Quote from: user24601 on August 06, 2019, 12:46:00 AM

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 know what you feel when the price dropped too much after you bought it but you did make a wrong decision. Actually you can just hold it or trade it to gain some profit and you may recover what you lost because of the price drop.
You decided to gamble it to recover but unfortunately you were unlucky on gambling. Bear in mind, dont use gambling as a way to make money. Dont try to chase your lost on investment by gambling.

jhongzjhong

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https://bmy.guide

Quote from: playboy654 on August 08, 2019, 11:55:54 AM

Quote from: Saisher on August 08, 2019, 11:31:23 AM

It's hard to explain this to your family, you busted it with two very wrong decision, you did not want long enough for the market to recover, and you turn to gamble to recover your losses, these two are a big no-no in Cryptocurrency, I hope your family will forgive you with this, it's hard to live on this.

Asking for aplogize won't change anything so he/she need to concentrate on the investment strategies.If he have some money spare then it can be used to recover the losses due to the recent bullish trend on cryptos.

Chasing a lose while he can't move on his previous lost is not a good advise here, let us give him good advice because that is not easy to forget. However, Op can divert himself to another activity like watching sports betting or take a rest together with his family. Just like having a family bonding with them. That is the best cure for almost getting depressed about the result of being a loss. Imagine, the entire savings was lost but that is the only money you can find another way to replace what you have lost and ACCEPT the fact.

deisik

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Quote from: Malsetid on August 07, 2019, 04:46:19 PM

Quote from: ?? on ??

Quote from: lienfaye on August 07, 2019, 02:10:05 AM

Regrets are always in the end, sorry for your loss its a huge money indeed.

Investing in btc seems easy but the emotion that triggered you to do the wrong decision led you to what you are now. Sometimes we thought we can double or triple our money in gambling but thats wrong instead we can lose everything.

You learned your lesson the hard way, but it happened already what you can do is to move on because you can still earn that money by working hard.

Move on and play straight forward, mistakes can't be undone but in the other hands you'll be able to work it out and learned from each mistakes to avoid another mistakes, this hard losses can win back in another form of investment not inside gambling but another forms of investment, you need to work out with good research before dealing again if you are willing to or very keen to recover your losses.

Lol. We learn from mistakes yes, but most of the time, gambling mistakes repeat themselves. You commit a mistake, you lose money, then you try again. I don't think there's much of a lesson learned there. If you don't get yourself out of this cycle, then pretty much you're bound to commit the same mistakes repeatedly

That has little to do with gambling as such

It is the same story as with any other activity in life because people don't make mistakes once, it is typically twice, thrice and many more times. And no, people don't learn from their mistakes since if they did, they wouldn't make them again, right? To stop making the same mistakes repeatedly requires a lot of conscious and strenuous effort far beyond what common people are capable of. It is basically about rewiring your neural circuits which you can't control directly simply because they are what is known as you and yourself

playboy654

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Quote from: Saisher on August 08, 2019, 11:31:23 AM

It's hard to explain this to your family, you busted it with two very wrong decision, you did not want long enough for the market to recover, and you turn to gamble to recover your losses, these two are a big no-no in Cryptocurrency, I hope your family will forgive you with this, it's hard to live on this.

Asking for aplogize won't change anything so he/she need to concentrate on the investment strategies.If he have some money spare then it can be used to recover the losses due to the recent bullish trend on cryptos.

Saisher

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It's hard to explain this to your family, you busted it with two very wrong decision, you did not want long enough for the market to recover, and you turn to gamble to recover your losses, these two are a big no-no in Cryptocurrency, I hope your family will forgive you with this, it's hard to live on this.

arpon11

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Quote from: kooboat on August 08, 2019, 05:39:48 AM

Such is life, we win some and lose some. You just have to learn from your mistakes and move on. There is still brighter opportunities ahead, you never know what the future holds for you. So far as we have health and life, just remain focus and you can win big time although you have lost big time now.

This is a very nice motivational write-up and hope op is still around to read this! We all makes mistake and mistakes are also very valuable because it is through it that nature past instructions into our life. Many people bought bitcoin when it was above $10,000 in January 2018, and Bitcoin went down to $3,200 and because of experienced they were still holding with the hope that it is going to recover and it has recovered. @op should learned from this great mistake and move on with life.

kaya11

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The best thing for you right now is you did not lose it all, you still have your life, somewhere out there-a man like you lose his entire savings either kill someone or kill themselves. Be thankful, this moment of your life teaches you how to be strong, fight it if you are a man, everything happens for a reason, I can't blame you for not holding your bitcoins and instead gamble it, you had your reasons. I believe we lose only if we are dead, and was a failure before that, not trying to stand up and doing nothing at all.

fortunecrypto

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That was such a huge amount, you can live comfortably for the rest of your life here in our country, you could have extended your waiting for the price to get better, but you opted to turn to gamble, but there's really not much hope in gambling, it's for entertainment only, not something you will pour your life savings.

TheCoinGrabber

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Quote from: user24601 on August 06, 2019, 12:46:00 AM

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.

So, you've been into bitcoins for at least 3 years and this is the first time you've talked about this? Anyway, yes it does suck but if it happened that you still have some left, keep it and wait for a coming ath, sell at that cost AND then hold till prices get low again. Rinse, repeat.

Topic: I've lost - page 7. (Read 5097 times)