I've lost

[user24601]

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.

[1715002378]

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[AB de Royse777]

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.

Well wrong decision. You lost hope because BTC went down to $4k. Now can you see it's going towards $13k again? Current price is: 12,200 and we will see a new ATH high either end of this year or sometimes in the next one or two years. Impatience is what lose us.

Sorry that you had no clue what you did and ended up to this loss.

[Bttzed03]

This is like digging up your own grave, sorry for your losses. Don't you have other things to do like a day job to get back up? I don't know what your real situation is but I would have not gambled all those satoshis.

[NeuroticFish]

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 first mistake was to invest money you didn't actually afford to lose (not this many, not at this extent).
Second mistake was to turn to gambling as a miracle way to earn/gain money.

I'm really sorry for your loses, I know it can be difficult, I've lost at gambling myself once a bit more than I afforded, but that was a super tiny amount compared with yours. It meant obviously a hard period, but now I see it as experience. I stopped, stepped back and looked around. Hard work always pays. Get back to normal. Rely again on normally earned money. Maybe someday you get to the point you can invest a little here and there again. Crypto is high risk, can give big returns or not. Also gambling is for amounts you do afford to lose. Gambling may give big wins, but that's rare, don't rely on that.

[eternalgloom]

Hey man, don't give up! Do you still gamble now or have you completely stopped?
I know it's a massive amount of money you've lost, but you can still make that money back without gambling.

Like, find something else to focus on and possibly find some help if you can't quit gambling by yourself.
It's a terrible addiction, so take care of yourself!

Perhaps start contacting the websites you played on and have them blacklist you.

Btw, you can definitely post stories like that here.

[logfiles]

Sorry about what you went through and I would advise you to get some counselling to avoid you from getting a lot of depression as a result of the losses.
You made quite a number of mistakes which lead you to lose almost everything
You;
- Used the money which you could not afford to lose to buy bitcoins, this way emotions could easily influence your decision-making.
- Got caught up in FOMO(Fear Of Missing Out) and bought bitcoin when price was already a little higher.
- Failed to know when to sell, perhaps you thought the price would go beyond 20k so you kept your BTC until it was back to 4k.
- Let emotions get the better of you, lost hope and started gambling to try to recover the money.
- Took gambling as a source of income/profit. You should never do this when gambling otherwise you are bound to be so disappointed. IMO gambling should be a way of entertainment or passing time.

Now that it has already happened and perhaps and expensive lesson to you... It's time for you to establish yourself. It's not the end of life.
Make new targets and New goals and avoid the past mistakes.

When buying bitcoin, since you don't seem to be a day trader... i would advise you buy the deep. Buy it during that period when the market looks unattractive and sell when you reach your achievable target.

[crwth]

There are a lot of people like you, looking for someone to talk to, it has happened already, and you cannot take it back. It's up to you whether you would risk yourself more or not, but it was your fault. Sometimes, it's us who feels alone, but in reality, you don't notice the people who care about us, the people who give advice to us, and we ignore it. It's true, do you think you are truly alone right now? Maybe it is caused by your addiction.

It's quite common to have someone ignore everything you say to them because all their mindsets are to gambling. It can be gambling, or it could be other things, but as long as you have the mindset, you would continue not to see what's right in front of you. Better take care of yourself now and hope that you could recover.

[GreatArkansas]

You are in the right place to talk about it. It's much better you share it here, at least your feelings now much better since you share it with other people.
Since your problem is getting your money back because of your losses on the Bitcoin since you bought it around $13,000 and the price of Bitcoin now is almost around $13,000 which if you just hold, your loss is only a little but you gamble it.

The problem is something you gamble twice, first; you gamble on buying bitcoin and the price dropped, second; you gamble your bet on your first gamble, that's why it's super risky and look what is the result. But it's okay, maybe you are just upset because you lost the money you can't afford on gambling/investing in bitcoin.

[DoublerHunter]

I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.

^ Is this dollar amount? Well, sorry of your lose my friend and you are right, this is the right place where you can express your bad feelings and let us talk. In the gambling industry, you should know how to budget your money and it should have a limit where you can afford to put in risk. But I think that story will not end up of your quitting in gambling, just try again with a little amount that you can afford and do not put everything in gambling your savings. Just move on, that is all about money and you can find a way to start again even a small amount and learn of what your mistakes did.

[boyptc]

Sorry with your losses, you did a wrong choice whilst you are still into loss.

I know how painful it is to lose that amount while looking at the price hike of bitcoin. Cheer up man, there's still a lot of chances for you to recover in some other ways.

[ene1980]

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.

It is a really unfortunate story, it is a fairly huge amount to loose and if you invested your life saving in bitcoin why would you loose hope when the market goes down, you never had any idea that the market will recover eventually, if you invest in bitcoin you have to learn how the market behaves rather than making emotional decisions and end up loosing everything in a gambling site. Nothing can sort your issue now if you would have asked this before gambling everything you would have got good advice.

[Ryker1]

This is actually the right place discussing that thing anyway, nut my advice is to get yourself up don't gamble anymore and make yourself content on what you have right now in your pocket. work hard again but not to make the wrong decisions this time by engaging in unnecessary business. this is not the end my friend you can still live a happy life just believe yourself this time.

Well, first, I think that is not good advice. A real gambler enthusiast will always be looking of the alternate way that he/she can gamble. We are in gambling discussion and I think we are in the right place to talk about this. Indeed, as I have said if you quit in gambling it will lose forever. Well, get up and move on of what you have lost, start again with a small amount and make it sure that it is not your savings and you can afford on it. Remember that once you have a loss do not chase your lose instead, stop and come back in the next day.

[imstillthebest]

investing (13k usd ) that high is already a mistake imo because bitcoin can still go down a little bit more only if you can wait  . whats worst is that you arent aware that bitcoin is too volatile in which it can go down really low because what you did is you panic immediately without knowing that its only a normal event  .  another thing is that you arent patient enough to wait for the recovery of the price  . lasty , you made your big mistake when you try to  gamble your left overs thinking that you can double/tripple it  altough gambling is not bad but you should have a different mindset before you play  .

[Pmalek]

You should seek professional counseling. If it is available in your country - do it. You gambled away a lot of money and put your future in jeopardy. You have admitted it on this forum and now it is time to do it in real life. I hope you can get your life together and never do it again.

Good luck!   

[rhomelmabini]

It is just a mistake and the lesson you got there is much to be remembered and not to be depressed about for all your life if you can still do some work then work and know your craft. Gambling is not for you, try different ways to earn money, there are a bunch of it, take a new road to take for your life and move on.

[Questat]

Sorry for your lose mate, however, that would not ease the pain if you will not accept it and move on.
Everyone of us here are losing in gambling and has the risk to lose even more in the long run but what matters is we learn from our mistakes so we will not do it again. It's just money, you still can earn it, don't feel bad all the time because it might affect your health and you might lose your health that is your capital recover your loses in maybe other ways.

[darklus123]

The only thing you can do right now is to move on. I just wonder if what is your full time job currently. You can just start saving again little by little and this time make sure not to put it in the crypto industry.

This mistake will for sure made you a smarter person right now especially in making decisions about your financial assets. Gambling again made someone's life horrible minding the fact that OP is not a gambling addict(assuming)

[NavI_027]

It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.

No, that's okay . Though, this is not the most appropriate place for such thing but still better than nothing I guess. Besides, you can get advice and read inspirational messages here coming from your co-members.

I feel sorry for you mate, if a small investor like me feel so bad already for losing just hundreds of dollars then what more to a person like who lose thousands. I also know that I'm not in the right position to say this but let me do it to somehow boostyour confidence. When life hits you hard it is okay to mourn because that's normal, at the end of the day you are still a human — an imperfect human which can feel pain when get hurt. It's okay to get angry or to cry out loud if you want to, it will not decrease your manhood at all. However, you should think that you need to stand up because choosing to stay on the ground makes everything worse. Find your motivation once again and be better, that's the only way to become a successful person. Always keep in mind that " Success is my only motherf*cking option, failure is not" (it works for me tho) .

[ethereumhunter]

That is a big mistake you've done, and now, you've got an important lesson from gambling. I hope you don't make the same mistake as before because you got terrible experience. But you don't have to give up, and you need to stand up again and trying to make money in many ways even if you should do work in your real life. I am sure that everything will be back to you and use your bad experience as a lesson for your future.

[Saint-loup]

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 agree with some members above, you're trying to rationalize your loss but the main reason behind that is obviously a gambling addiction. Except for few big scams, people don't lose all their savings in gamble if they are not addict. So you should consult a doctor, maybe a psychiatrist to help you. I think there are some drugs or psychotherapies that can help you to fight your addiction, don't underestimate it.