Why do you all like doing this? And moreover your headline and your write-up is confusing me a lot. First of all you said that you lost $17,500 according to your headline, and then you said you lost $1,000 and also you lost $350 you have been building for over six months? Well whatever it is I believe that you have learnt enough lesson and you’re going to be careful from now on. You took a really big risk by doing that.
I don’t know what pushes people to take this kind of risk of investing everything they have in assets like this, knowing very well how risky it can be, it’s very bad.Please try to avoid this kind of mistake, don’t go all in, take it slow you will reach there.
I think he means to say that he lost 1000 dollars first, then he went all in which is either 17.5k or maybe 16.5k because he already lost 1k, and that was money he earned all the way from starting at 350 to reaching there. That is what I imagine he means in the message, start at 350, then get to high level of 17.5k, wager 1k and lose, then lose the rest on an all in.
I do not think that people like these learn their lesson that easily, they either give up completely and call it a rigged system or whatever, or they end up spending even more to earn more. This guy said he went all in and he doesn't have money left so I am assuming he will be the first type and not the second type, that way he will end up with some sort of huge grief and keep saying bitcoin will always go down and any chance he gets he will call it rigged against poor people and it is whales' toy.