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Author Topic: How do feels losing money?  (Read 1350 times)
Dzwaafu11
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April 17, 2023, 07:19:09 AM
 #101

I'm sorry for what happened to you and your colleagues; it's a very terrible situation when you work hard to achieve this type of money and someone else, who doesn't realize how far you went to make it, just runs away with it.

So, the next time you wish to invest, perform thorough research on the company or brand in question. I'll even advise you not to trust anyone anymore in all of this investing stuff; instead, set aside time for yourself to study about bitcoin investment; I believe that if you work harder, things will go better for you when you invest in bitcoin. 

R


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April 17, 2023, 08:05:24 AM
 #102

For any person, when the big money you used in a business that you expected to double or more profit on your capital or investment goes to nothing, you will feel depressed or softened of course.
But anyway, although it's not easy to accept but we have to overcome that, for sure there are still many opportunities for us to correct and fix the things that are wrong. Now, if you invest again, and you see bitcoin I think at this point you are definitely going to hold bitcoin in the future.
When you lose money or rather your investment yields nothing, it can be very depressing. If you want to invest in any kind of business, risk management should be carefully considered because the reality is that the notion that a business does not come with its own risk is dangerous. For myself, I calculate my profit and loss both ways. Recently, a friend of mine who sells eggs complained about how eggs are spoiling because of the hot weather and still a small-scale business to be able to afford a good cooling system for the eggs.

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April 17, 2023, 08:37:06 AM
Merited by yudi09 (1)
 #103

Losing money or assets that have been earned through years of hard work is very painful and creates feelings of disappointment, depression, and defeat. Today, with advances in technology and information, it's easier for people to start a business and carry out various activities to make money. However, this also opens up opportunities for fraudsters and other criminals to commit criminal acts.

Therefore, it is very important to be careful and thorough in starting a business or making an investment. Don't be too tempted by promises of large and unreasonable profits, because that could be an indication of a fraudulent scheme or a high-risk investment.

Before starting a business or making an investment, do careful research and evaluation of the business or investment opportunity, including the risks and potential benefits. Also check the legality of the business or investment and make sure you clearly understand how the business or investment will generate profits. And don't hesitate to ask for advice from members of this forum regarding the business or investment you want to do, because it can help you make wiser decisions and avoid unnecessary risks.

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?
Just follow the proverb There's no use crying over rice that has become porridge. You must be able to accept the reality of a situation where something has happened and cannot be changed. Make it your experience in the future. Therefore, it is better to focus on solutions to overcome problems than regretting what happened.
BALIK
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April 17, 2023, 08:45:14 AM
 #104

I'm sorry for what happened to you and your colleagues; it's a very terrible situation when you work hard to achieve this type of money and someone else, who doesn't realize how far you went to make it, just runs away with it.

So, the next time you wish to invest, perform thorough research on the company or brand in question. I'll even advise you not to trust anyone anymore in all of this investing stuff; instead, set aside time for yourself to study about bitcoin investment; I believe that if you work harder, things will go better for you when you invest in bitcoin. 

This is a loss and very sad for OP and his friend. But in this case, I won't blame the people who scammed them because nothing would have happened if the OP hadn't been greedy. The OP himself and his friends also know that making money these days is extremely difficult. But why would they easily trust a company that promises high profits? It is clear that they have become greedy, and that is the lesson they need to learn. Losing money is something no one wants, but it's not the end, it's just one of the thousands of other lessons we need to accept if we want to be successful in life.

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April 17, 2023, 12:28:33 PM
 #105

It feels like the whole world is coming to end, imagine saving money for several years of hardworking all of a sudden everything is gone, it would really take a long time to heal from it. So a thorough investigation and research should be done before putting your money on anything.


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April 17, 2023, 01:01:45 PM
 #106

It feels like the whole world is coming to end, imagine saving money for several years of hardworking all of a sudden everything is gone, it would really take a long time to heal from it. So a thorough investigation and research should be done before putting your money on anything.
I don't think someone saves without having a clear goal, meaning that everyone who saves is for some clear goals in his life and everyone who is saving will certainly use his money wisely and will not immediately spend his money if his goals are not clear. So you also don't need to feel like the whole world is going to end soon as long as you know how to save and have a goal when using your savings and obviously keep every savings in a very safe place.
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April 17, 2023, 01:56:13 PM
 #107

Just follow the proverb There's no use crying over rice that has become porridge. You must be able to accept the reality of a situation where something has happened and cannot be changed. Make it your experience in the future. Therefore, it is better to focus on solutions to overcome problems than regretting what happened.
What happened to the OP is a normal form of grief because we really didn't want that to happen.
Sometimes we really need to be careful about something we do.
In business, risk management is very important and important when conditions like this occur.

When situations are as complicated as OP's, we can only apply a few motivational sentences that can revive our mental fighting spirit, one of which is by making this an experience and let's get back up because this incident is the beginning of greater success in the future.

 
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April 17, 2023, 02:13:19 PM
 #108

This sounds not at all like a business; it would be a ponzi scheme, HYIP, or pyramid scheme the way you said it was promising results, as you know if the return is too good to be true, like three times your investment or more, you should have to think that it is a scam just to be safe. Though, again, for sure you've been persuaded by your friend, make sure that your friend isn't just scamming you because we really know the details on this thing, as there are instances where friends are going to scam you.
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April 17, 2023, 02:40:44 PM
 #109

For any person, when the big money you used in a business that you expected to double or more profit on your capital or investment goes to nothing, you will feel depressed or softened of course.
But anyway, although it's not easy to accept but we have to overcome that, for sure there are still many opportunities for us to correct and fix the things that are wrong. Now, if you invest again, and you see bitcoin I think at this point you are definitely going to hold bitcoin in the future.
Losing money that we are not willing to lose will be a meaningful lesson in the economic story of life. We will learn a lot from that incident and be better for the future, there is always a better lesson when there is a failure in business if we are able to learn it, the thing that what OP has to do at this time is accept everything that has happened to him to form a mental and enthusiastic return to the loss of money that happened to him, it is indeed very difficult but if you manage to get out and are able to let go of the lost money we will get money easier in the future and could be more than what we lose today.
Yes, maybe Bitcoin is one of the answers to the investment failure.

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April 17, 2023, 03:02:24 PM
 #110

Sometimes we try to do our best so as not to be exposed to scams, all means of course we do so as not to be exposed to scams, we often hear the experiences of others who are exposed to scams and take lessons from that person and hope we are not exposed to scams, but this life is indeed unique because other people's bad experiences can happen with us.
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April 17, 2023, 04:44:03 PM
 #111

No one ever wish loosing his money on something regardless of how small because money is earned by the effort we give in whatsoever thing we do that creates value and earn us income, it pains so much investing on something you think could be more profitable to discover it all turns losses, it is better to misplace money than investing with the money to discover all hope is dashed away, we have to be careful on what we invest on, they might turn a liability on us instead of an asset.

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April 17, 2023, 04:52:27 PM
 #112

When money is more and more difficult to earn, when losing money for any reason, each person will feel even more hurt, extremely disappointed. Sometimes regrets alternate with bad decisions . Investing is also a risk that creates losses but I am sure that with bitcoin everything can still be recovered and even profitable, plus, the feeling of losing money/loss will only take over you for a little while and you'll have plenty of other plans, or you'll have to keep working on getting better at it.

Losing money to a business is not a disaster. There is failure/loss before success, when you overcome that means you have won.

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April 17, 2023, 04:52:40 PM
 #113

It's normal for someone to lose money in a venture they didn't properly research. It's also possible that the gains that were promised to you were so great that they distracted you from considering the risks. You know as a man or investor you never channel your thinking on the profits side of it rather look deeper than that otherwise, every time you raise a significant sum of money to invest in that business it happens to sink down, if not for the grace of God it would amount to you collapsing for no reason. Therefore, when starting a business, consider both the advantages and drawbacks it may have before putting any money in it.
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April 17, 2023, 05:17:47 PM
 #114

This sounds not at all like a business; it would be a ponzi scheme, HYIP, or pyramid scheme the way you said it was promising results, as you know if the return is too good to be true, like three times your investment or more, you should have to think that it is a scam just to be safe. Though, again, for sure you've been persuaded by your friend, make sure that your friend isn't just scamming you because we really know the details on this thing, as there are instances where friends are going to scam you.

We all know that it is common for ponzi and pyramid scammers to go with the euphemism of "business" or "investment opportunity" to deceive their possible victims. nowadays the fashion is to mask the fraud as much as possible making people to believe the ponzi is actually a betting webpage, an arbitrage bot, anything.

Also, assuming he wanted to check whether if his friend is actually trying to scam money out of him, all it would take for him to check is the name of the scam, so it can be searched on internet. Nowadays, once those frauds collapse leave a huge digital fingerprint, due to their nature of asking for promoters and referrals.

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April 17, 2023, 06:48:45 PM
 #115

feeling sad for you because the situations which you describe is very sad and I wish that no one face any such situations in future. Trust becomes very painful sometimes so always choose that field which you have more information and without any research you should not join any business. As you regret to save in bitcoin so yes it is one of the best asset and no one will cheat you if you don't hear to everyone's ideas and keep going by following your own ideas and thoughts. Forget about the money which you have lost because you learn a lesson and everything happens for a reason.

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April 17, 2023, 07:29:13 PM
 #116

yes, of course whoever it is will feel the way you feel if it happened to us, and this is normal as humans.
I hope that the case you are describing will be a valuable lesson for all readers here, especially in terms of investing or risking money.

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April 17, 2023, 08:12:07 PM
 #117

When the price of invested cryptocurrencies was reduced,you will feel like being depressed.It’s happened in both cryptocurrency and stock market trading.Because trading itself risk and you should invest your long term holding accounts.I had one friend who had earned nearly 20k dollars by trading on altcoin ,which he brought at 0.002$ and when that coin was listed on the Binance.Because the binance is the top most exchange for now.When any coin listed on binance,the coin price was increased to high value then expected one.He brought BMW car and house using the profit from that investment.So don’t panic and sell your coin at cheap price.

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April 17, 2023, 11:28:55 PM
 #118

I have ever in the same situation as you. The only problem is if you are not moving on and it will be affecting your mentality. you shall be even stronger than before. I do feel how bad when we are losing big amounts of money caused by being involved in fake business. The only problem is your money has gone. I would never ever try to join any business which is run by a few people anymore. It's caused by the risk being very high. you can be fooled. It's better to start a business by yourself. you shall never trust anyone. If you are not having enough competence and then slowly learning it.

It's caused by it's very hard to find someone who can be trusted these days, sometime your colleague will also manipulate your mind to trust them and take your money. Try to learn from what mistake you have done.
You shall be careful in everything. Running business is very risky these days if you are joining with others. It's better to try to run a business by yourself.

If there are others give easy promise for your and you shall never trust it.

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April 17, 2023, 11:43:13 PM
 #119

Sometimes we try to do our best so as not to be exposed to scams, all means of course we do so as not to be exposed to scams, we often hear the experiences of others who are exposed to scams and take lessons from that person and hope we are not exposed to scams, but this life is indeed unique because other people's bad experiences can happen with us.
Well that's how life is. sometimes things don't go according to plan. And actually we are here to learn to avoid fraud. But on the one hand the fraudsters also continue to learn to find loopholes so that they can continue to cheat and they continue to change the methods of fraud to become more subtle and difficult to distinguish from non-fraudsters. One thing for sure is that we cannot fully trust anyone at this time. because even a friend can surprise us sometimes.

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April 17, 2023, 11:55:06 PM
 #120

No one wants to lose in the first place, therefore, feeling would be negative. However, investments are just prone to losses no matter what it is, some have said that even life has the same outcome. It will always be a part of the process and it is for an individual to decide whether to continue or not. No one succeeded without tasting bitter failure, especially if it involves money. Experiences teaches the best lessons in our lives and the only thing you need to do is to manage the risk of losing that much in order for you to sustain the losses and convert it to a lesson. If you would lose 80% of your everything om the first trial, then that would be tough already.

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