Post
Topic
Board Altcoin Discussion
Merits 4 from 1 user
Re: How you deal with your emotions after losing a lot of money on rug pulls?
by
laredo7mm
on 14/11/2021, 14:51:59 UTC
⭐ Merited by amishmanish (4)
I know it isn’t easy for us to get over or move on with these rug pulls, but I wanna ask the community here. For the past few months, I’ve experienced the “expect the unexpected” moments without warning. To be honest, I have accumulated losses of more than $2,000 in failed meme coins, shitcoins, play-to-earn games that ended up being rug pulled.

Actually, I have never been in this kind of situation because 99% time I avoid meme coins and those new shit projects. I do only invest in projects with real use cases that's how I avoid rug pull. Despite this, I lose 100$ in one project because of some miscommunication.

I think the sense of loss in the crypto world is unavoidable, but as a human, there must be guilt and irritation if you lose

We felt so bad because we had very high expectations and greed inside us. If we avoid being greedy and try to be realistic about our expectations we could handle this kind of situation very easily.