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/biz/ - Business & Finance


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53614299 No.53614299 [Reply] [Original]

how do i deal with lossing over 1m$ worth of crypto?

>in crypto since 2016
>invested over 50k$ over the years
>had over 1m$ just a few months ago
>lost it all leverage trading
>am 30 years old now
>0 networth

I think about what a retarded idiot i am every single day
Contemplating suicide and not as a joke
I've ruined my life and the life of my loved ones
I know that the chances of acquiring this wealth again are very slim and that ill have to live my life as a poorfag because of my stupid actions

how do I deal with this? im so devastated ...

its not a larp btw

>> No.53614312

>>53614299
Dude why the fuck did you leverage trade 1 million dollars down the drain?

>> No.53614321

wtf??? get a job and try again retard

>> No.53614323

>>53614299
why did you feel the need to leverage trade when you had one million dollars? leverage trading is literally for poor faggots

>> No.53614340
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53614340

>>53614299
It's only money, just pretend you never had it to begin with.

Don't leverage trade again. It's basically gambling.

>> No.53614355

>>53614340
Leverage trading is ok if you know how to size. As this guy said >>53614323 it is indeed for poorfags

>> No.53614359

>>53614299
>lost everything
>leverage trading
>with 1 million starting capital

Man, how are you people literally the dumbest motherfuckers on the planet?

>> No.53614374

>>53614299
Just do it again. You don't want to be asking this same question when you're 40 anon.

>> No.53614387

You are 30 years old, keep going don't be a pussy. There is always an opportunity so keep searching the next one......you'll find out trust me.

>> No.53614415

ive been there. had bitcoin since 2013, then invested in ETH at the ICO, basically lived off crypto for years just selling some to get by, 2017 comes around lose most of my stack playing roulette. never mind, invest 400 quid in ICO, make 70k back in action, up to 200k again. then spend it become penniless. 2019, have to leave the country, find 6 ETH in a forgotten wallet, use it to start new life. start my own shitcoin in defi summer, back up to 200k, get gf pregnant, need to rug shitcoin, rug it, use the money to look after my gf and kid, penniless again, find out i got the ENS airdrop nice 40k. back in action, spend it during last year, penniless again, get job at crypto exchange, invest in K*nshi (fuck jannys) back in 6 figure hell. it comes and goes.

>> No.53614417

>>53614312
>>53614323
>>53614359
>>53614355
>>53614340

being a bored NEET makes you do stupid things

yes i know im stupid that what makes me ever more depressed, ive already made it and flushed it down the drain

>>53614374
>>53614387
it will take years to acquire capital again
i can work for 2k$/month(after taxes )
how the fuck do i make it back from 2k/month
seems impossible

>> No.53614451

>>53614417
just invest in whatever random shitcoin and more than likely it will moon. if you are a linky stinker however there is no hope for you you'll die penniless and alone

>> No.53614466

You could recover from losing 10k, 50k. Maybe even 100k. But going from 1 million to zero at 30 years old...I am sorry OP. There is no amount of mental gymnastics that will get you out of this hole. Greed and hubris are the great destroyers of men. At least you can be consoled knowing your fall may let other younger anons understand what greed and hubris can do to men. It is over.

>> No.53614478
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53614478

>>53614415
pretty wild run anon

>>53614417
the fastest way is to start scamming ( create shitcoin rugs, nft rug pulls) unironically. The honest way will take you 10years minimum.

>> No.53614506

>>53614299
Remind yourself money is not real
Only humans use money
When we were in tribes we spent all our time in the wild, cooking, fucking, dancing. All the stuff you can do
Only modern society corrupts the mind and sends you on a chase of paper. And you could probably do that on repeat in a year, work on some oil rig for 6 figs and invest it again. You're 30 it's not like you're 70 and lost your retirement

>> No.53614516

>>53614466
i went from having 2000 ETH to having 40 ETH in the space of a week. its recoverable but it will drive you insane if you dont have an 9 inch cock and 6"3 to fall back on. luckily i didnt have that problem

>> No.53614519

Sorry fren, but gamblers deserve the rope.

>> No.53614537

>>53614519
spoken like a poorfag

>> No.53614578

>>53614466

those are some of my thoughts aswell
dam..

>>53614506
its true but
in our world with money i buy food, shelter, and everything

>> No.53614581

that sucks. it's why I don't have the stomach to invest in crypto or do options or buy on margin. I have an incredibly boring mostly vti portfolio that will never make me insanely rich, but I would just feel so sick having so much and losing it.

>> No.53614584

>>53614299
>its not a larp btw
prove it
I don't believe you

>> No.53614609

>>53614299
How do you end up with a million dollars and not just live off the interest? Like dude, you've made it. You could get 5% interest in a CD easily. Thats $50k a year for FREE. Plus you could still work a normal job and never worry about losing your job or anything like that.

>> No.53614649

>>53614609
because im a retarded bored NEET
and at that point a job seems pointless
after u make 10k in a few hours you cant go back to a "job"

>> No.53614661

>>53614299
only way is making some project and dump on redditfags, i can help w somethin

>> No.53614846

op this is very common most people who make it and are not ready lose it. see: the NFL
its like a breakup you will get over it eventually, but the thought may always sting. you probably want to find your higher self before you make it again. good luck!

>> No.53614930
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53614930

>>53614299
Who the fuck knows anon, I'm turning 31 in March and was a cunt hair away from being a multi millionaire in 2021 but fumbled it. I've also been unemployed for like 16 months. I have no idea how I'm going to drag myself out of this hole but no sense completely giving up yet right?

>> No.53614960

>>53614415
>invest in K*nshi (fuck jannys)
Based, got in on that almost two weeks ago, sitting on a ~3x right now
What were the prereqs for the ENS airdrop? How do I check if I received it? I was fucking around a bit with ENS

>> No.53614964

Well i would advice you to invest in shitcoins again and make it during the next bull if you had like 30K, But you say you lost everything so there's no solution expect start waging and injecting money into the market

>> No.53614984

>>53614930
How much you've left anon? Are you also leverage nigger who lost everything?

>> No.53615013

My peak portfolio was $17k, from an initial investment of $2k, and I didn't cash out. That may not sound like much but you niggers don't realize how much I could have done with that in my 3rd world shithole. I could have paid the town prostitute to eat dinner with me every day for 5 whole years

>> No.53615189

>>53615013
where is this?
I want a whore for 5 years for 17k

>> No.53615257

>>53614299
KYS

>> No.53615263

>>53615189
That's just under ten dollars a day. I don't want to put my dick anywhere near a ten dollar whore.

>> No.53615302

>bored NEET makes you do stupid things
no it doesn't
absolutely nothing makes you do things
no excuses retard

>> No.53615394

0515563d9df7ec94f79f80f4a01a9f3e9ff89eeff30f5c7188c61e7a4e66110c05

ill be active for some time, session
OP if you are marine only then join

>> No.53615400

>>53614537
Not losing money is more important than getting return.

>> No.53615439

>>53614960
its long gone. i think any unclaimed ENS got rolled back to the DAO like a year ago

>> No.53615627

>>53614299
you simply didnt deserve to make it. just forget about your gains since they are just the result of taking insane and retarded risk. you now have 0 networth which should be the normal networth of a gambling addict. go work for 2k/month and forget about what you made, it wasn't real.

>> No.53615892

Give it a year and your brain will have healed itself from the shock and disappointment and it will have used all those chemicals to be back at your baseline. As long as you learn from it it's not a waste.

>> No.53615996

>>53615892
Yup 0 dollars in 2020 to 90k in 2021 to 0 dollars in 2023.
Suicide still weighs heavy on my mind but I got off my nerve medication which was making me make bad decisions so it wasn't entirely in vain I suppose.

>> No.53616094

>>53615892
i will never forgive myself for what ive done...

>> No.53616157

>>53614984
Maybe ~30k? It's split between a few chains thoug and I live in cucktario so it's very difficult for me to offramp the shit I have on BSC lol. Not a leverage nigger just a dummy

>> No.53616165

>>53615439
ah shit, bummer

>> No.53616215

>>53616157
Canadian scammer, scams taxpayers and likely rugpulled people gets what he deserves.
Hardly anyone here leverages I knew one leverager who was from 2017 and he was a millionaire and left crypto a millionaire.

My 80k loss story Is likely the only real fucking story posted on /biz/
This is the same board where turd worlders create larps all day for pittance gibs.

>> No.53617075
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53617075

>>53614299
I went from a ATH of $670k from May of 2021, to a painful low of $29.5k in May of 2022. Only hope I have left is that LINK moons and that I can build wealth over the rest of my life slowly. Biggest lesson I learned from this is to take profits every year, and to save money not gambling it all away being too emotional. I am only 25 so it is not as painful but last year I was pretty suicidal.

>> No.53617136

>>53616215
You are a tremendously retarded individual

>> No.53617526

>>53617136
>Unemployment for 16 months
Only possible if you're scamming via covid so you get what you deserve nigger.

>> No.53617642
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53617642

>>53617136
And by the way fuck you I can't even get on UI when I was forced out of my god damn job because of lying sacks of shit like my boss and yourself everyone is a lying god damn grifter and they don't care if they ruin your life.

>> No.53618008

>>53617526
>>53617642
Holy fuck the seethe is palpable. I quit my last job, so I'm not eligible for EI either faggot. I'm living on my savings because I'm not a consoomer retard like yourself who is unable to budget & save for the hard times.

>> No.53618045
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53618045

Imagine being blessed enough to get to 1mill ande then choosing to still gamble it all away. You deserve everything you get. Fuck you, god is punishing you. Repent.

>> No.53618067

>>53614299
>leverage
no pity from me sorry nigger dont say anyone didnt warn you

>> No.53618354

Anyone that's suicidal this applies to you as well. To be honest it applies to all the non believers as well in certain parts. Money isn't going to give you eternal life nor are you taking your money with you when you die.

>>53614299
First you never had that money before you reached that much and lived your life just fine. Now you gain it and lose it and consider suicide an option!? Drop the suicide mindset immediately. Pick up The Holy Bible and read. Follow and believe in Jesus Christ as your Lord and Savior. And get some mental help.

>>53615996
You read the above it applies as well

>> No.53618982

>>53618354
Keep it to yourself champ there's no fucking god in my life and hasn't been for decades.
>>53618008
>Unemployment versus unemployed
Wording is key here, if you're living off your savings you didn't struggle from the first go you fucking idiot.

Fuck you all by the way I hope you all get gangraped by feral niggers.

>> No.53619143

>>53618982
real winner right here

>> No.53619152

>>53618982
>Wording is key here
What are you even talking about you aids-riddled faggot? You were getting up my ass about being on EI even though I have not been since I initially got the covid layoff in like 2020
>if you're living off your savings you didn't struggle from the first go you fucking idiot
Wrong again dipshit. Also it's rich seeing this come from some dickhole who is sperging on 4chan about being denied EI. If you don't get EI it's because you didn't work enough, buddy. Put a little more effort in next time, you'll bank enough hours to get your unemployment gibs eventually you braindamaged mongoloid.

>> No.53619176

>>53619152
Unemployment is the service of being paid for being wrongfully fired or laid off.
Being unemployed means you're living with your parents.
You're a nigger and so are all the same zoomers like yourself, I don't read low IQ dredge so I only got three words deep until I realized I was speaking to an actual nigger.

>> No.53619196

>>53614299
so you're telling be you spent 6 years gambling, and not investing?
congrats, you now have the net worth of the average gambler.

>> No.53620330

>>53614299
first deal with whatever obligations you might owe to your loved ones then you can deal with the shit everyone else already thinks about themselves

>> No.53620395

Just work and put money into xrp before it goes 100x

>> No.53621727

astro-charts.com post your chart with birth data covered and maybe I can offer some advice.