How i lost 300K$

sravan4u · May 27, 2022

Luke22 said:
Well yeah, some of them i do research. Generally speaking i got scammed only 2 or 3 times everything else was just wrong entering time (a lot of buy on peak of the price)

This is major mistake (according to me only experiences existing but not mistakes or correct) done by most , simply FOMO at the top. Instead wealth to be made when every one in panic. But I am sure you will be earning more than you lost, because you got enough experience now.

seomaster5 · May 27, 2022

ScarlettSunshine said:
I just lost some four figures but yours is far worse than mine. Stay calm, you'll make it back soon.

Which coins you invested in and what was the reason for choosing those coins ?

ScarlettSunshine · May 27, 2022

seomaster5 said:
Which coins you invested in and what was the reason for choosing those coins ?

LUNA. I invested in it because I believed in the ecosystem.

seomaster5 · May 27, 2022

ScarlettSunshine said:
LUNA. I invested in it because I believed in the ecosystem.

Next time diversify. Do not invest all money in single coin.

paisawaisa · May 27, 2022

That is a big amount of money, many people in my country do not earn this much in their lifetime.

ScarlettSunshine · May 27, 2022

seomaster5 said:
Next time diversify. Do not invest all money in single coin.

Yes I did that mistake.

Next time it won't happen for sure.

I need to learn to keep and invest every single dollar as if it's the last.

LuckyGamble · May 27, 2022

Luke22 said:
Nope its not a joke or mistake. Here's my CoinGecko portfolio chart + at that time i had already spend solid part on NFTs

Well, at least you've got a few tens of thousands of dollars, which can help you get started again.

You are not at rock bottom. You are closer to it, but still quite a solid ground to recover.

Trocks · May 27, 2022

It's really sad but you knew the risk.

gatti6digitz · May 27, 2022

damn thats almost half of ticket!!! let me know when you get back up! have you bought any Cardano? good luck

drehdinho · May 28, 2022

Luke22 said:
If i don't confuse anything it was closed due to promotion of the platform where i was able to earn that money. The platform was going to replace display ads with script which was implemented on websites and was mining with users resources.

Can i dm to know this site pls?

SponsorGlobal · May 28, 2022

Your story = to my story , but in different position , trading in crypto and karma lost me this money

but i,m glad that we still alive and we learn from this leassons.

Get recovery soon !

adflex · May 28, 2022

Luke22 said:
but that's kind of another story

It's all very inspiring, and hopefully you'll make it soon. But thanks for sharing the story and the lesson.

paisawaisa · May 28, 2022

SponsorGlobal said:
Your story = to my story , but in different position , trading in crypto and karma lost me this money but i,m glad that we still alive and we learn from this leassons.

Get recovery soon !

Hope others also learn from this incident. And avoid any loss with crypto.

Luke22 · May 28, 2022

paisawaisa said:
Hope others also learn from this incident. And avoid any loss with crypto.

Be realistic, loss is just a part of big win/profit in future unless you stop working.
You can't get in profit from the first time. As for the lesson learned i doubt other will do any conclusions, in my experience people are learning only on their own mistakes

ouchthathurts · May 28, 2022

lmfao my hidden tab on opensea grows larger every day, chin up the next project will be a blue chip

paisawaisa · May 28, 2022

Luke22 said:
Be realistic, loss is just a part of big win/profit in future unless you stop working.
You can't get in profit from the first time. As for the lesson learned i doubt other will do any conclusions, in my experience people are learning only on their own mistakes

For some 300k is all one have. There is nothing left after such a big loss for them.

slippery_slider · May 28, 2022

6 months ago I bought few BSC coins and watched them go up in value 20x+. I didn't sell hoping the value would go up even more. Today the wallet has $5 in it.

There is nothing driving the value of those NFTs/tokens besides hype. As soon as you see the hype declining, you just sell and don't look back.

paisawaisa · May 28, 2022

slippery_slider said:
6 months ago I bought few BSC coins and watched them go up in value 20x+. I didn't sell hoping the value would go up even more. Today the wallet has $5 in it.

There is nothing that drives the value of those coins/tokens besides hype. As soon as you see the hype declining, you just sell and don't look back.

Never invest in such coins. With BTC, you will not make 20x in few months but it will give sure profit and less headache.

Luke22 · May 28, 2022

paisawaisa said:
For some 300k is all one have. There is nothing left after such a big loss for them.

For me this is a huge money either, i'm not a millionaire and don't have rich parents or inherit some huge amount of money.
8 years ago i was earning 800$ as a junior developer, so 300K is definitely life changing money.

I could afford to lose it now just because ~~i am a Jr.VIp BHW member~~ have several income streams and i had a clear understanding that i will not be broke if i lose it.

I was aware what the risk, but also it was clear to me that reward was just insane.

This is the dark side of stories where people became a millionaires in crypto.

sravan4u · May 30, 2022

Luke22 said:
Be realistic, loss is just a part of big win/profit in future unless you stop working.
You can't get in profit from the first time. As for the lesson learned i doubt other will do any conclusions, in my experience people are learning only on their own mistakes

I really liked your words here. These words some how represent my mindset. To be honest It's inspiring too.

How i lost 300K$

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