What's the worst loss you've made, Veeky Forums? No need to go into too much detail

Booteefool
Booteefool

What's the worst loss you've made, Veeky Forums? No need to go into too much detail.

Mine was putting a year and $25,000 of my own savings into a business that ended up making basically nothing. Really good learning experience, though. Learned a lot about maintaining a large software project and prioritizing things (mostly through lots of little failures).

Boy_vs_Girl
Boy_vs_Girl

i lost like $400 of my profits on ETC after i got greedy and bought in at 42

But thats the name of the game

lostmypassword
lostmypassword

@Booteefool
about 6 months ago i put money into DUST, roughly $3000 worth

DUST is a gold mining shorting etf. Aka- the more gold goes down in price the more the etf is worth

i havent sold it cause its so low right now there would be no point. the shares i have are worth like $180 at this point. A $2800 loss

Stark_Naked
Stark_Naked

@Booteefool
I bought MGT

thought McAfee is some software wizard, unfortunately I read about him after going in. Fucking crackhead lost me $10k

Lunatick
Lunatick

@Booteefool
blowing 2400 on amazon
i was a cuck so no one can blame me

girlDog
girlDog

@lostmypassword
DUST is a gold mining shorting etf. Aka- the more gold goes down in price the more the etf is worth
Why would you ever invest against gold

SomethingNew
SomethingNew

@girlDog
Why would you ever bet against the housing market?

Stark_Naked
Stark_Naked

@Boy_vs_Girl
Same, lost €150 on ETC.

Only started doing stock/crypto stuff around December so haven't lost much and am ever so slightly in the green.

Sir_Gallonhead
Sir_Gallonhead

@girlDog
cause for the last 10 years the price of gold was steadily declining

Inmate
Inmate

@Stark_Naked
McAfee didn't lose you anything lmao. You lost it yourself.

lostmypassword
lostmypassword

@SomethingNew
Is that what you looked like when you lost all your money?

Playboyize
Playboyize

@Booteefool

$50k in student loan debt. I would do anything to go back in time and pick a trade instead of college.

Deadlyinx
Deadlyinx

@Stark_Naked

What'd you buy it at? If you had just waited it went back up and will go back up again.

Sharpcharm
Sharpcharm

I lost ten years being a musician.

Harmless_Venom
Harmless_Venom

Breitburn

Bad times.

happy_sad
happy_sad

@Sir_Gallonhead

the price of gold doesn't really change,

the value of currency changes in relation to gold.

haveahappyday
haveahappyday

@Playboyize

I just paid off the last of my student loan a few weeks ago. Feels amazing. My kids are going straight into trades

eGremlin
eGremlin

@Harmless_Venom
Baited by dividend?

Need_TLC
Need_TLC

Bought $30k worth of ProShares UltraShort Real Estate (SRS) shares in 2008.

Harmless_Venom
Harmless_Venom

I fell for the ETC meme and bought ~50 btc worth when it was at 56

idontknow
idontknow

@Booteefool
What kind of software were you attempting to build ? Did you fail because it had no real use or because the management was messy ? or ... ?

Deadlyinx
Deadlyinx

£200 / 100% loss on LOIL a leveraged WTI ETF.

A slow death by time decay. Lesson learned.

Snarelure
Snarelure

@lostmypassword
Made 7000 euro on going long on gold about the same time period. Your loss is my win famalam dingdong

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