I've lost

[Barcode_]

Greediness is what make OP lose such amount of money land that could have happened to anybody irrespective of their strategies in the world of gambling, shun greediness and be rest assure to make profits at the end. Even in trade, shun greediness as this can cause more damage than you think.

In my opinion, I think there are usually a lot of gamblers or traders who are unable to control their greediness when they are making money from either gambling or trading, it is also not an easy task for human to control their greediness for more profit from gambling or trading as emotion would usually take over a person mind, I guess it is truly not an easy feat to become rich either from gambling or trading.

[Best Dreams]

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.

So, you've been into bitcoins for at least 3 years and this is the first time you've talked about this? Anyway, yes it does suck but if it happened that you still have some left, keep it and wait for a coming ath, sell at that cost AND then hold till prices get low again. Rinse, repeat.

Indeed this is not the first time we are in crypto and are investing I know some people lose money at beginning but with time they use to learn we actually lose because of being greedy and wanting quick profit. Making mistake is not big deal but we should learn from it as much as we can. Patience and keep learning is best tool to win in crypto.

[rodel caling]

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.

op didn't know how to be calm and hold bitcoin and didn't know how bitcoin risky in times of price falling down, and they lose hope and their prostration to get back loses during the bear market they try to bet in the gamble but suddenly lose their all investment. I play gamble but isn't the key to recover loses, trust and patience is the best key to recover our bitcoin investment. Anyway this a lesson learn from the op experience how to handle well their coins next he buy.

[LogitechMouse]

It is really a sad thing that's why we need to be very careful in everything especially after the betting I cannot change anything so my opinion is to make everything to be calm and composed then only you can do better in the betting also candidate will save your life in sometime

Always be careful especially in gambling because gambling can change your life either positively or negatively. OP must learn how to control yourself when it comes to gambling because lack of self control makes you regret in the end. This is what happened to you OP, even you know that you are losing you still gamble until most of your funds have been lost. Learn how to stop when you need to.

[noormcs5]

It is really a sad thing that's why we need to be very careful in everything especially after the betting I cannot change anything so my opinion is to make everything to be calm and composed then only you can do better in the betting also candidate will save your life in sometime

Always be careful especially in gambling because gambling can change your life either positively or negatively. OP must learn how to control yourself when it comes to gambling because lack of self control makes you regret in the end. This is what happened to you OP, even you know that you are losing you still gamble until most of your funds have been lost. Learn how to stop when you need to.

The bad thing about gambling is that people never understand how to win in gambling. Some people lose initially and other start with good wins but lose in the long run. The purpose of gambling is to remain in overall profit because we cannot control the loses which will definitely come in between.
Few tips which are shared many times like never go all in, never play/bet big amount in a single game even if you are sure about the game result.

[klaaas]

Few tips which are shared many times like never go all in, never play/bet big amount in a single game even if you are sure about the game result.

We can never be sure upfront about the result. the only scenario what i can think of are the 1.01 payout bets, it wont make sense to not play big bets if you are aiming of the smaller gains. 

[Becky666]

There is a popular say on this forum that giea like this " invest whatbyoubcan afford to loose", this also include gambling, possibly because you aren't aware of this was the reason behind your lost. Although there is a possibility of you be greedy that makes you to lose, lesson, before gambling ensure you set your limit and whenever you hit the limit then stop and quit for the day.

[carter34]

Your experience is typical like someone who couldn't invest what he can afford to lose. Investing at $13,000 and it nose down to $4,000 is quite pitiable.
Investing in cheap but real project altcoins would have been better. That's why we don't need to invest in a single coin.

[redsun114]

Greediness is what make OP lose such amount of money land that could have happened to anybody irrespective of their strategies in the world of gambling, shun greediness and be rest assure to make profits at the end. Even in trade, shun greediness as this can cause more damage than you think.

I commend how you hit the nail on the head without bending words. Frankly, greed is the enemy of all gamblers but we do not like to agree to this. If I can never blame any gambling site for any loss because I know deep down within me that I made a vital greedy mistake at some point that led to the loss.

This is exactly what happened to the OP, there was a privilege to make withdrawal, but greed will always tell us to play again and unluckily, that replay might be the road to losses. Gambling requires a lot of contentment. Not until we appreciate the 1 dollars in gambling, we would keep on loosing 100 dollars for refusing to appreciate the little. This is gambling world for you.

[suzanne5223]

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.

Well that's why we need patience and a weak hand will eventually lead to a loss. Now since you lost a lot, it would be best to take it as a lesson and try to have patience especially in gambling and in your investment.

You're about weak hand and impatience which lead to huge number losses during the previous crypto market correction but the major problem the OP had is not knowing the basic steps in making a profit in both crypto invest and gambling cause the major law of gambling is never gambling to recover losses which I did but I hope he now make adequate research to have the required knowledge.

[hulla]

Your experience is typical like someone who couldn't invest what he can afford to lose. Investing at $13,000 and it nose down to $4,000 is quite pitiable.
Investing in cheap but real project altcoins would have been better. That's why we don't need to invest in a single coin.

He was shocked to know his invesment down 3 times than he bought. That's why he was tried to risk all of his bitcoin to earn 3 times so he will break even.

He was shocked because he barely knows or understands how volatile  the crypto market could be  and how to cut losses

He was too greedy rather than can't afford to lose.

That's not greed buddy. A wise man once said "man which have no knowledge of his doing is dangerous to himself" because he can easily destroy himself and the people around him.
The OP is one of those who don't know what crypto investment and gambling entail.

[deisik]

He was shocked to know his invesment down 3 times than he bought. That's why he was tried to risk all of his bitcoin to earn 3 times so he will break even. He was too greedy rather than can't afford to lose

Yeah, it is easy to be wise after the event

But let's try walking in OP's shoes for a moment. Bitcoin lost two thirds of its price (i.e. of the price at which OP bought his coins) with the overall market sentiment being monumentally pessimistic, while some "analysts" predicting Bitcoin should crash below 1k in a couple of months if not weeks. So from this perspective, he had essentially nothing to lose as he probably felt that Bitcoin was set to fall lower but if he had luck on his side, he would have gotten back his investment (in dollar terms)

I don't necessarily say or imply that it was not a rash act in itself as it certainly was (in hindsight, of course), but if we consider the possibility that Bitcoin was actually to lose another 90% of its remaining value (I mean, for real), that move kinda makes sense

[FanEagle]

The feeling is really horrible every day, it's like you won a lottery but the ticket was destroyed, but it's nice for you to post your story here, it's very depressing but at least many will learn and take the lessons coming from your experience, investing in Cryptocurrency is really very risky but investing in gambling is ten times the risk.

Investing in cryptocurrency is not even that risky, the problem is that we do not really understand the market. Those who do, are daily making money. Imagine knowing when the bitcoin price is very down and we purchase and wait till it grows up again, then definitely we would  make profit, but the mistake is buying when its high and then having to wait for a long time for it to balance up. But some gamblers understand the market very well, they know when an increase or decrease is being caused by whales and they know when to hold on, this people make money.

Gambling on the other hand is not even a good place to make investment, Not even by playing or direct investment since there’s possibility of the site crashing someday.

[MFahad]

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.

Many people loss in gambling over time. There are infinite stories where people come in gambling with the hope of earning but leave it empty handed.You should have known by now that gambling is the most risky game.

Few tips which are shared many times like never go all in, never play/bet big amount in a single game even if you are sure about the game result.

We can never be sure upfront about the result. the only scenario what i can think of are the 1.01 payout bets, it wont make sense to not play big bets if you are aiming of the smaller gains. 

Even the odds of 1.01 are risky because sometimes even a 100% easy bet fails and in that case all our money is lost. There is no point in betting with only 1.01% percent profit.

[peter0425]

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.

If you didn’t experience this fo sure you will not realize and value the money that you spent in gambling,this amount is large just to risk in gambling .my sympathy is on you mate for this losses but you must take this as stepping stone to start a new life
Make this as a beginning and never get into gambling again.find a life outside that area because this will only burden you like what you have felt right now

[UmerIdrees]

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.

If you didn’t experience this fo sure you will not realize and value the money that you spent in gambling,this amount is large just to risk in gambling .my sympathy is on you mate for this losses but you must take this as stepping stone to start a new life
Make this as a beginning and never get into gambling again.find a life outside that area because this will only burden you like what you have felt right now

I think every gambler should face some big loss in the beginning of his gambling career to get some experience which can help them in two ways.
Firstly they will never invest big amount again in gambling and only gamble with the small amount which they think they can afford to lose. Secondly they will come to know that gambling is not a reliable source of income and they should have something else (Work/ Business) to keep their daily life moving.

[Tipstar]

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 too lost 90% of my investment in one coin or other and lastly in gambling. But I haven't gave up. I have now bet my holding on two coins and both of them are performing well for last two months. I plan to increase my investment from the saving of my day job. I need to have a good stock before my wedding next year.

[finaleshot2016]

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.

Absolutely he dug his own grave. Like my humble self once I bet and loose consecutively I stop the game and proceed for another day but so many are called gamblers don't understand how gambling works, a day for loose and a day to win, so, know more about your lucky days and most of the unfortunate days. Setting limit here will work pretty good here if adopted.

He's not thinking about his/her future so he/she ended up like that. We should use our intellectual minds on making decisions so we can't end up losing even that losing was a common thing in gambling. He should divide her/his money to sustain his/her wonderful life. 60k was a huge money and many people can eat because of that. I hope this post must serve as an advice for all of us.

[milewilda]

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.

Absolutely he dug his own grave. Like my humble self once I bet and loose consecutively I stop the game and proceed for another day but so many are called gamblers don't understand how gambling works, a day for loose and a day to win, so, know more about your lucky days and most of the unfortunate days. Setting limit here will work pretty good here if adopted.

He's not thinking about his/her future so he/she ended up like that. We should use our intellectual minds on making decisions so we can't end up losing even that losing was a common thing in gambling. He should divide her/his money to sustain his/her wonderful life. 60k was a huge money and many people can eat because of that. I hope this post must serve as an advice for all of us.

When it comes to financial capacity then there would be no equality to that.We do see there are people who do bet bigtime and loss all of it and we do say that its already a big amount of money but we wouldnt know if those money is big for them? since they do have lots of it. Life is never been balanced- Some people are rich and majority are dong and come to think that we do live on different country that had respective different value of currencies.

[Moiyah]

That's a wrong move. When you invested at a higher price then you shouldn't take away your patience and wait until it pumped at least the price today or last week that reached $12k. $1000 deficit amount is better than losing all your funds because of your wrong thinking that you can manage to doubled it when you gamble.

Well, the damage has been done. Move on, try to learn from your mistakes and try to recover it by trading again and not with the gambling since I can sense you aren't that type of an expert gambler. Sorry for my word.