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Author Topic: Have you ever managed to recover your losses?  (Read 16094 times)
mersal
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March 15, 2019, 12:58:57 AM
 #21

Trying to manage the losses are also been a very difficult and this case the situation because if anyone wants to manage his last he want to put his investment again once for getting the profit if it was also been negative for us the losses are always higher and it increases every time so I think it will not be in a right idea.
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March 15, 2019, 01:32:10 AM
 #22

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.
the stories are happened once in a while but the fact is we don't get the losses again to manage it back with your profit once we have to invest if we get the last we have to get out and take some time to make some decisions for the next investment it will be the good way for anyone.
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March 15, 2019, 01:47:39 AM
 #23

So it's not the question of recovery, I'm sure most gamblers can recover what they have lost, but how you manage if afterwards
I think I agree with this statement because I read somewhere states that the more you play, the more likely you will lose. The rationale is because gamblers have less than 50% chance to win in the long run.

Therefore, gambling can be profitable only if you utilize the luck, which is rare and short.

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March 15, 2019, 02:42:53 AM
 #24

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.
Never  Grin but usually i take profit back from trading too. So actually it is only ROI if i collect all my capital to be 1. But yes, gambling give us something that challengeable and we get more fun with it.

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March 15, 2019, 06:48:23 AM
 #25

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.
If this is the condition of this thread then I won't count myself with those losses. And if someone has time to dig up the threads here in gambling discussion, there are a lot of stories that you can read on how much they've lost.

I remember a guy who lost thousands of dollars(converted to the amount of the bitcoin he lost) IIRC and it just happened within few hours/minutes. I barely remember but it's posted in this section.

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March 15, 2019, 07:49:50 AM
 #26

Have you ever had the experience to recover your losses fully?
To be honest, I don't recover my losses fully when I'm gambling and I don't want to put my mind in that state where I need to recover my losses when I lose because for me, if you think like that you will more likely to lose more money.

I don't want to lose many money in gambling so instead of recovering my losses, I'd rather leave it and will stop gambling for like a day or two maybe.

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March 15, 2019, 08:17:54 AM
 #27

I find it very difficult to recover losses and I am not trying to do it either. That usually leads to making even bigger losses. I like to compare the things I do with some of my friends and in that way see what is good and what is bad. When I lose I stand up and walk away. But a friend of mine feels like he has something to prove. When he losses he makes an even bigger bet on something else, anything... just for the sake of betting like he is trying to prove something. You can imagine the success of that...

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March 15, 2019, 08:31:06 AM
 #28

I never ever manage recover such huge losses as i'm not betting huge amount of money to gambling sites. During the time you are recovering your losses there will be an event that will happen and that is losing more money because of recovering your losses, i'm not saying that I did not think positively but as a caution that during recovering losses you may also lose more before you achieve your target.

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March 15, 2019, 02:49:02 PM
 #29

Came to know a few things and would like to clarify too to those who asked me, though a word to the wise:

- I never limited the loss amounts to fixed/straight one time losses, but combined losses which means that those who tried to recover and lost more, they can add that loss to the last one and so on. I told about the sum of total losses, my bad if I didn't clarify.
- I've understood that when we win back our losses, we sometimes get the confidence to play more and get profits and then we lose again. This could be either described as addiction or need to get more out of the recovered loss, but it cannot prove to be a profitable decision for everyone and everybody's opinion differs over this matter.
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March 15, 2019, 03:03:56 PM
 #30

Once your money is gone then its best to just consider it that way.
Chipping way is a better method for success rather then to chase your losses.
If someone loses 10 BTC I would really hope they might take up another interest.

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March 15, 2019, 03:12:56 PM
 #31

Have you ever had the experience to recover your losses fully?

Yes i did recover some of my losses but to the extent of recovering it all,i might lose more than having to recover it.

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.

Yeah, you`ll be needing a miracle for someone to recover that large amount of bitcoin nowadays. I havent heard nor seen a person losses 100 BTC for an instance.



If there is a player that bets big time, then that person is not here in the forum and wont waste his time here. Having 100 BTC youre probably in the exchanges and not in this forum.
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March 15, 2019, 03:28:37 PM
 #32

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.
No matter of what amount you lost on bets,don't try to recover it because it will leads you to lose more.It is not a skill based business where you can try to get the money by doing something skillful to get the money back but in gambling luck alone brings you money.

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March 15, 2019, 04:10:45 PM
 #33

Will there are some losses I managed to recover, though most it not. That's the thing that I regret the most actually, chasing my losses. The contentment is not in me all the time I gamble (before), I regret losing a lot of money just to recover the small part of my loses. Lesson learned, Don't let emotions took over and be cautious in spending especially in gambling. Also, There a lot of things that a gamble could learn in recovering loses, Though only after a fail attempt.
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March 15, 2019, 04:24:01 PM
 #34

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.
No matter of what amount you lost on bets,don't try to recover it because it will leads you to lose more.It is not a skill based business where you can try to get the money by doing something skillful to get the money back but in gambling luck alone brings you money.

Most at times you want to recover the lost money and at the end; end up losing much on attempt of recovery the lost money. Back in 2018, i lost upto 0.8BTC on a single day in the name of recovery the lost i earlier played but in a week interval of the lost, i was able to recover my lost and top it with additional 30% of my previous lost. Gambling is much of a luck than of a strategy|skill.
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March 15, 2019, 04:38:54 PM
 #35

Once your money is gone then its best to just consider it that way.
Sadly most people who attempt to gamble for the first time dont know that the house will always win and neither are they diligent enough to cash out in case they are getting a green streak. They play more and more and end up with a complete wipeout of their balance.

Quote
Chipping way is a better method for success rather then to chase your losses.
The best method is to get a grip on yourself and hammer into your brain that the house will beat you everytime. Wink

Quote
If someone loses 10 BTC I would really hope they might take up another interest.
Thats a lot of money. I am sure if they are normal people they would have made that money with a lot of effort and this means they probably know how to manage their money and thus gambling with it would be a very remote decision.

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March 15, 2019, 04:48:39 PM
 #36

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.
No matter of what amount you lost on bets,don't try to recover it because it will leads you to lose more.It is not a skill based business where you can try to get the money by doing something skillful to get the money back but in gambling luck alone brings you money.

Most at times you want to recover the lost money and at the end; end up losing much on attempt of recovery the lost money. Back in 2018, i lost upto 0.8BTC on a single day in the name of recovery the lost i earlier played but in a week interval of the lost, i was able to recover my lost and top it with additional 30% of my previous lost. Gambling is much of a luck than of a strategy|skill.
What will happen if you are not recovering and you still continue to bet to recover you loss?

In this case we lost more than what we are afford to lose so that is why we don't have to try your losses,you need to accept you losses and move on.

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March 15, 2019, 04:58:06 PM
 #37

Once your money is gone then its best to just consider it that way.
Chipping way is a better method for success rather then to chase your losses.
If someone loses 10 BTC I would really hope they might take up another interest.

Ideally playing for recovery is more dangerous beacuse it has a ripple effect as if you lose that too you would have now to play double in order to win and recover the past dues or losses which you have incurred . So better to play for fun and enjoy .

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March 15, 2019, 05:04:12 PM
 #38

Playing to recover losses will only make you lose more because you will play with pressure and it will be difficult to win. Whatever the nominal amount of loss in gambling will certainly not be able to be summed up with the right value overall and that is only an estimate but if you are a gambling player or addict who is active in gambling all the time. So, recovering losses for me, honestly it's very difficult and I never made it for that, but when I gambled with the initial bankroll from the loan, so far I can make it a good profit like being 2x - 3x.

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qwertyup23
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March 15, 2019, 07:07:55 PM
 #39

Have you ever had the experience to recover your losses fully?

NOTE: This thread is not for those small recoverable amounts like 0.01 or 0.1 BTC types, but those big 1, 2, 5, 10 and even 100 BTC losses and some miraculous stories where any of you managed to win them back.

I managed to at least recovered 80% of the value that I lost but I still succumbed to the depths of gambling and eventually lost everything again. The problem here though, I was too greedy knowing that I could have recovered my losses by starting slowly. But my inner demons took my self-discipline and control which ultimately led to my defeat at the end.
That is why gambling cannot be profitable especially if you have that kind of mindset. If you lack the necessary control and you do not know when to stop, you will eventually exhaust your resources faster than drinking a glass of water.

Playing to recover losses will only make you lose more because you will play with pressure and it will be difficult to win. Whatever the nominal amount of loss in gambling will certainly not be able to be summed up with the right value overall and that is only an estimate but if you are a gambling player or addict who is active in gambling all the time. So, recovering losses for me, honestly it's very difficult and I never made it for that, but when I gambled with the initial bankroll from the loan, so far I can make it a good profit like being 2x - 3x.

This is actually true and based from my experience. With the pressure stuck in my head, I still mourned from my losses and I failed to moved-on from it. Due to that crucial mistake, it led to the exhaustion of my resources faster. If you actually know how to discipline yourself, you can prevent mistakes like these and go home with a smile on your face!
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March 16, 2019, 12:05:16 PM
 #40

I never tried to recover my losses in the past, and I know that it will difficult for me as I never use 0.1 btc or even 1 btc to play gambling. I only have a passion for using a small part of bitcoin to play gambling than a whole of 1 bitcoin because I know that playing gambling is not giving me a chance to make money or even to recover the losses.

But I believe that some people can be able to recover their losses in a big amount because they still playing and they had big luck when they played. It will be a big success story if one person who was playing gambling and use at least 10 btc or more and suddenly he loses that money in less than 30 minutes but fortunately, he can be able to recover his 10 btc in the next days plus he can get more bitcoin in his winning.

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