I've lost

[serjent05]

Sorry for your loss but I fail to process how you can lose 60k if you're gambling smart on provably gamble sites, I can gurantee you gambled on rigged sites, and got greedy, when you could've just made 100-200 dollars for the rest of your life. You definitley dug your own grave.

It is not surprising to see someone lost $60k in gambling.  There are more people that lost way more than this amount.  Once you are hooked in playing,there is no stopping.  Many gambler fell into this category thus they became addicted to it.  Aside from that probably due to the desperation of OP and coupled with fallacies of gambling, thinking that he might win on the next roll..and keep chasing losses.  The result is devastating loss of $60k.

[harizen]

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.

It's fine to think how much you have lost since then but don't take that as the reason why you shouldn't move on. You are not the only one who experienced that so be thankful that "you are still here" in the world and not give up.

You already made a mistake by chasing all your losses via gambling. Tomorrow will never end. You can get back to the game anytime.

Hope your experience will make you a better person in the future starting today. Goodluck.

[swogerino]

It is good that you acknowledge that you have made a big mistake  in your life,all human beings make mistakes.The unfortunate thing is that you didn't stop when you were losing big and your intention to triple your money was the origin of all this happenings.
Time is the best of healers so only time can cure how you feel now.

[robjobs]

Sorry for your loss but I fail to process how you can lose 60k if you're gambling smart on provably gamble sites, I can gurantee you gambled on rigged sites, and got greedy, when you could've just made 100-200 dollars for the rest of your life. You definitley dug your own grave.

It is not surprising to see someone lost $60k in gambling.  There are more people that lost way more than this amount.  Once you are hooked in playing,there is no stopping.  Many gambler fell into this category thus they became addicted to it.  Aside from that probably due to the desperation of OP and coupled with fallacies of gambling, thinking that he might win on the next roll..and keep chasing losses.  The result is devastating loss of $60k.

Exactly, but that's why most gamblers that have large sums of money are more greedy than as otherwise because they figure they have 60k what else bad could have with that of a bank roll.

you can literally make 100 dollars everyday that rest of your life and be happy with that, but as like i said people get dumb real quick with a bank roll.

[mindrust]

You had one job bruh.

You should have hodled... It doesn't even take any effort. All you had to do was to forget that you owned bitcoins...

Be careful, that's not the end. Don't make any more mistakes from now on. If you feel like shit right now, you would probably want to suicide next year when btc hits, $100k.

Go take some professional help If you are in a bad shape and start over. Don't repeat the same mistakes.

[Naida_BR]

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.

Sad story, but that's gambling.
You should expect that you are going to lose your money in gambling.
Don't get stressed, you learnt from your mistakes and you can move on... Life continues...

[Oceat]

Desperate moves come from a desperate decision.

Never ever do that again if you are too desperate for something to come back, you will only suffer more if you are too desperate for what you think is the result. Gambling is not the place to take back for your lost money, you have to deal it with a lot of patience if you are in the crypto world. Everything here is all about patience and the one who loses patience first will lose. I feel sorry for your loss OP, you should've learned from your mistake this time. I hope so.

[glider101]

Your a strong person for posting this here and we all wish you well in your life.

[Barcode_]

There is always a huge risk for traders to take if they wish to trade bitcoin and earn a profit from the crypto-currencies trading market. After reading the OP story, I think he should have just hold on to all his bitcoins in the first place rather than trying to gamble all the bitcoins on a bitcoin casino with the hope of recovering his losses from the trading market. It is because the OP would still be holding the same amount of bitcoins in his bitcoin wallet if he never try to gamble with all his bitcoins on a bitcoin casino, I believe it is better to wait for the values of bitcoin to rise up again rather than taking the risk in gambling.

[goinmerry]

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.

There are other gamblers that experienced much worst to yours. They lose not just big money but family, friends, and everything.

That's a total wrecked in reality and imagine how come we can start again on our life at that status.

But those gamblers learned to challenge the difficulties of life and now able to survive. Most of them are currently on the right track now.

Show the world that you will rise soon. Take that as your goal.

[ryzaadit]

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.

Bruh, He just using his entire money if you were her you could be stressful.  It's just like "Life or Death", I think he just got wrong option to try multiple his crypto asset.

Anyway, hope @OP can start from the beginning. Right now you must build your asset first, did you have a job or something, the best way to avoid first an investment option try to make your asset from your real-life maybe a jobs/business.

If your capital financial already in good condition, you can try to invest in something like stock, cryptocurrency or forex. But just remember, this its gonna be a lesson for you, not using all your money to make an investment.

[adzino]

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.

Aww. Sorry for your loss. You see, you knew the risk and you took it. Unfortunately it did not favor you. To be honest, you lost patience and this is what that has killed you. You shouldn't have looked at the values. Remember, you have the same amount of coins if the price rises. You also will have the same amount of coins if the price falls. As long as you didn't sell anything, you haven't made a loss.
Hope you somehow manage to recover!

[Capt00]

Well, I have to give my sympathy to you mate. I know it's getting hard to take such loss and move on but we have to.
Crypto investment never just have a piece of luck but also it needs timing, and I'll be seeing that you are in the wrong timing when you are started to invest in here. That is meanly we need to understand and you can just recover your losses if you can patiently wait for the price to bounce back.

[Muttley]

Sorry to hear that OP. Hope you recover it soon, but gamble just what you can loose, this is the 1st. principle.

[Nellayar]

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.

It is sad moment for the OP. He never knew that this will happen. Bitcoin is a volatile coin and anytime it fluctuates. If you are a weak hand, you will lose a lot. Specially if you bought at the middle or highs of bitcoin. Anyway, you can regain it again by having a perfect execution and timing in bitcoin trading. Just be careful with entering and existing to the market because crypto trading is very dangerous if you are a newbie.

[leowonderful]

Sorry for your losses; patience is an extremely important concept in trading, and from what you've posted it seems like you didn't have the patience to hold through or cut losses early even when you were deep underwater. Best thing you can really do from this point on is just take what you've learned from this experience and move forwards from it. Trading's a rough game, and most people I know that have been even moderately successful trading had to pay a price one way or another for the knowledge and experience they now have.

I would also suggest getting professional counseling if possible.

[libert19]

When you gamble to recoup your losses it's already a worst thing you can do. You can't change the past, so it's best idea to learn from the mistakes and move on.

Give it some time, every feeling must pass! Meanwhile, concentrate on other hobbies to divert you mind from it.

[user24601]

Hey all. Thanks for all the responses.

I just wanted to clarify. I bought into bitcoin very early in 2018, on the way down from it's peak.

I did have some smaller gambling losses in 2017, but not using bitcoins. It was not nearly as much as what I invested in 2018 and gambled in 2019.

I do have a solid career and will be able to bounce back financially after some years. Mentally, it is very tough thinking about how much time I have set myself back.

It is always in the back of my mind. It makes life feel very different.

Again, thanks for all the responses. I did not expect so many.

[Ayiranorea]

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've encountered the same scenario, out of frustration deposited the fund of six ethereum that I was holding for a long term profit got vanished on 2nd August. That was my biggest savings, and I never point gambling sites were bad. I won two ethereum risking for a long, but I was not clear with the exit.

[Darker45]

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.

It's not too late, mate. If you were able to buy a good amount of Bitcoin at $13K in the past, you can afford it more today because the price is only around $11,500. You may start buying today with what is left from your savings. You said you only lost almost your entire savings.

I have heard an aphorism that goes like either you made the right thing or you have learned a lesson. It is rather sad though that most lessons in life have to be learned in a negative way. But I hope you have learned something very precious from it. Not just you but also me and a lot of the people in this community.

I guess you need to trim down on your emotion. It has obviously played a major role both in your reaction to the bear market and the decision to just gamble it away.