Farewell anons, I guess I can add this to the long list of failures in my life

hairygrape
hairygrape

literally lost 90% of my investment in cryptos
Farewell anons, I guess I can add this to the long list of failures in my life. I thought if I kept trying I would find something I am good at. I guess not. I am truly worthless.
Next attempt will be buying kneepads and lip balm. Maybe I will even try /r9k/ even though I have never lurked it.

Sharpcharm
Sharpcharm

@hairygrape
Proof is required

Emberfire
Emberfire

I'm not saying do what I do but I literaly tried everything, stocks, forex, sports trading/ betting, cryptos and lost money on all probably because I wasn't good enough and made bad decisions, the past year I've been playing poker non stop and have finally found my niche grinding low stake 180 playet sit and gos and havr an roi of 3.4% after nearly 20'000 games. The point is never give up, I'm sure theres something out there besides the normal college - uni - work shit. Gl.

Firespawn
Firespawn

@hairygrape

buy monero you dumb fuck

eGremlin
eGremlin

@hairygrape
90% of nothing is still nothing.
Unless you post proof you're not getting our sympathies nor the right to use this as your personal blog.

CodeBuns
CodeBuns

@Sharpcharm
Posts one pic showing a $90 loss and another of a bank account with $10

Booteefool
Booteefool

@Emberfire
I have also tried playing poker but I lost money there too. I have also tried two different uni majors and failed at both of them. I am just retarded I think.

@Firespawn
monero is shit though

@eGremlin
I invested 150 euros, but I am a poorfag so that is a lot of money for me to invest.
Unless you post proof
I don't have a screenshot where it says "oh look you lost all this money". It happened gradually. I am going to risk my last 20 bucks on a high-rick investment that will either bring me back to life or bankrupt me completely. Considering I am dumb and unlucky, I am going to go bankrupt

cum2soon
cum2soon

@CodeBuns
LOL fucking rip

Inmate
Inmate

@Booteefool
Read Harrington on Holdem from start to finish then play SNG 180's, play 10 a day for a month at the lowest buy-in, I think you'll be pleasantly surprised unless variance fucks you.

kizzmybutt
kizzmybutt

@hairygrape

I was dumb as shit and fell for the cryptocurrency ponzi scheme on Veeky Forums

serves you right

SniperGod
SniperGod

@kizzmybutt
I know I am dumb, although it makes sense to invest money in higly speculative markets to increase it, because I am a poorfag. If I had thousands to spend, I would have been more conservative.

@Inmate
Thanks user, I will give it a try.

LuckyDusty
LuckyDusty

@hairygrape

Wtf were you doing? I would like to know because I'm finding the crypto markets insanely easy to profit with. Probably because of idiots like you.

StonedTime
StonedTime

@SniperGod
it makes sense to invest money in higly speculative markets to increase it, because I am a poorfag
Yea but then you are listening to other poorfags for financial advice. Blackjack/roullete is highly risky too but you don't see people shilling it in every damn thread, and the reason for this is they don't benefit from you putting money in it. Cryptofags pretend to be helping you but all they care is that you buy and hold forever. They don't care if it drops to $0 and you get left holding the bag as long as they can get out first.

BunnyJinx
BunnyJinx

@StonedTime
to be fair I never buy whatever is shilled here.

@LuckyDusty
I guess I just have a low IQ

whereismyname
whereismyname

@StonedTime
Buy ethereum you cocksucker

Illusionz
Illusionz

@Booteefool
experimentation is part of life faggot, learn from your failures

at least you tried, most of this board is cacooned from real life and are pissing on everyone that goes out and does something with their lives

Sir_Gallonhead
Sir_Gallonhead

@SniperGod
it makes sense to invest money in higly speculative markets to increase it, because I am a poorfag
Really?
Is that why the people who play the lottery are all poor?

Inmate
Inmate

@Booteefool
I invested 150 euros
fuck off kid

Emberfire
Emberfire

@whereismyname
there is a coin that is much better than ethereum and nobody is seeing it coming. If I had a lot of money I would put all of it on that coin

@Illusionz
I am ok with learning, I just wish I could learn without failing completely at least once.

@Sir_Gallonhead
the lottery isn't a speculative market, it isn't a market all

@Inmate
I am 25

CodeBuns
CodeBuns

@Emberfire
the lottery isn't a speculative market
I see.
It "makes sense to invest money in highly speculative things", as long as they qualify as a "market"?

GoogleCat
GoogleCat

@CodeBuns
Yes. A market isn't pure gambling.

Fuzzy_Logic
Fuzzy_Logic

@Booteefool
How did you lose almost 100% of your investment? What did you do? Aren't bitcoins just a matter of buying and holding?

Spazyfool
Spazyfool

@Fuzzy_Logic
Not anymore.p

Need_TLC
Need_TLC

@GoogleCat
I'm sure you could argue that sometimes your odds could be better with an actual market. But this assumes significant liquidity, among other factors, which you may not have any way of knowing exist or not.
If not, your odds could be significantly worse, "market" status notwithstanding.

Garbage Can Lid
Garbage Can Lid

@BunnyJinx
i never buy whatever is shilled here

Stay poor twerp

Lord_Tryzalot
Lord_Tryzalot

@Emberfire
25 and u wanna kill yourself over 150euros?
You are an idiot

Boy_vs_Girl
Boy_vs_Girl

@Lord_Tryzalot
You are an idiot
I know, if I weren't, 150 euros wouldn't be a big deal for me at 25

@Garbage Can Lid
ok

happy_sad
happy_sad

@Garbage Can Lid
Lol aw did he hurt your wittle feewings? It must be depressing to spend so much time shilling and for nobody to buy your bullshit.

haveahappyday
haveahappyday

@hairygrape
not looking for the frog poster to drop moon rockets

You faggots literally piss money away. I don't even know why I help any of you.

massdebater
massdebater

@Spazyfool
Then how does it work?
All I know about bitcoins is that if you bought a bunch when they were new you're now rich.

iluvmen
iluvmen

@Emberfire
well you won't make the same mistake again

how did you end up losing the 150€? bought ETH?

lostmypassword
lostmypassword

@massdebater
Yea it doesnt work like that anymore. Nobody has gotten rich off this from buying and holding for years. You would have had to have bought before 2013.

Poker_Star
Poker_Star

@happy_sad
Word up!! Spot on

Playboyize
Playboyize

@massdebater
Then how does it work?

TreeEater
TreeEater

@lostmypassword
Did he make bad trades? I don't understand.

@Playboyize
If the value goes down, can't you just hold them until it goes back up?
If it won't go back up, why does anyone buy bitcoins?

SniperGod
SniperGod

@TreeEater
no one can predict price fluctuations, that's the whole point

at the end of 2013 when it was at $1100 and it crashed everyone thought it was the end of bitcoin, but it settled around $200 before it made a comeback

OP invested his savings and probably wanted to day-trade and he panicked when it dropped a bit too much

TalkBomber
TalkBomber

@TreeEater
If he is trading then that is not "buy and hold". Buy and hold implies that you never sell because you are waiting for the value to reach a certain point. Nobody has gotten rich off buy and hold since 2013 because the best case scenario and lowest you could have gotten in was $200 and now the price is a little more than triple that. Worst case scenario you bought at $1000+ and lost almost half your investment.

BlogWobbles
BlogWobbles

@TalkBomber
I meant hold until the price goes up and then sell when you like where it is. He did say "invest," so I assumed that's what he was doing.

@SniperGod
no one can predict price fluctuations, that's the whole point
Sure, but if you don't expect it to rise after every dip you shouldn't invest in it in the first place. It's not a stock; you have to expect some volatility.

BinaryMan
BinaryMan

@BlogWobbles
this is bitcoin we're talking about

OP could have put his money into any of other cryptocurrencies, some of which are so volatile that you can expect them to crash for good. He even said

although it makes sense to invest money in higly speculative markets to increase it, because I am a poorfag

means he went all-in into probably some sketchy pump and dump shit that's being shitposted all around here and he panicked that the shit might crash for good so he figured he should cut his losses or something.

OP should just tell his story. I lost around $800 dollars on bitcoin, gained around $1600 on dogecoin and then lost the majority on fucking fedora. But I learned my lesson.

FastChef
FastChef

@hairygrape
what cryptos have you invested in? proof or it didnt happen

Bitcoin is doing good. ETH is recovering

BunnyJinx
BunnyJinx

@BlogWobbles
Yea but if he sold today and somehow was lucky enough to be one of the ones who bought at $200 then he is only making 3x the investment. He did not get rich unless he was rich already.

Ignoramus
Ignoramus

@BinaryMan
Well, he only had 150 euros and he showed us a screenshot of bitcoin. That is so little money I assumed it was all in bitcoin.

@BunnyJinx
I said "when it was new," not "after it crashed in 2013." I know nobody is going from rags to riches on bitcoin these days, but I thought that profiting was just a matter of waiting until the price goes up before you sell. You ought to be able to at least break even unless you're buying high and selling low.

Nojokur
Nojokur

@BinaryMan
I know where to put my money in the long. But it's too little, do you understand? I need to multiply it so I can help my familiy economically. That is all I want, I don't want the Dan Bilzerian life. If you need to know, my long-time strategy would have been nxt, naut, btc. If I had thousands I would put it all there and wait to become a millionaire. But the way it is now I don't have enough to do that.
I simply day-traded and lost. Sometimes I doubled my investment, but then ended up losing all of it.

@FastChef
bitcoin is ok, but eth's tech is buggy, gimmicky and slow. Honestly it's just obsolete at this point. But I understand that many became rich with it and are biased, so if you believe in them stick with them.

Crazy_Nice
Crazy_Nice

@Ignoramus
You asked if people still get rich off of buying and holding and I said "not anymore". Just explaining what I meant.

Harmless_Venom
Harmless_Venom

@Nojokur
If you think 150€ is any sort of wealth, you need to rethink your priorities.

Get a job, save a certain amount of money you're willing to lose and put some of that shit into risky investments. By all means, help your family, but you can't help if you're unemployed and gambling all of your money on cryptocurrencies.

I've got nothing against you personally and you've probably learned something after you lost your money on day trading. I learned that I won't make it through bitcoin as it is. You either have to be an early adopter or you have to write your own trading bot. I was too late with too little expertise.

Soft_member
Soft_member

@Nojokur
@Harmless_Venom
But I dont regret it either way. Yes, it hurts to lose that much money. Yes, you want to just quit this shit and do something else. Yes, you may get depressed.

But I will never make the same mistake twice. I was stupid and in still in high school when I bought into the $1000 bitcoin. But I'll never fall to the moon memeing and that endless pump and I learned that through spamming le doge through the internet while I was sitting on 500€ worth of doge made it worth my while for a short time, since only a minority had it then.

That $150 loss will probably prevent you from losing thousands in the future. Don't give up and learn from your mistakes. That's the least you can do.

Bidwell
Bidwell

@Harmless_Venom
@Soft_member
ok, thank you user

Fuzzy_Logic
Fuzzy_Logic

this happened

Ignoramus
Ignoramus

trumpcoin can save you lad

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