Post
Topic
Board Altcoin Discussion
Re: How you deal with your emotions after losing a lot of money on rug pulls?
by
AmoreJaz
on 15/11/2021, 20:23:07 UTC
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I wanna hear from you guys on how you deal with these rug pulls after losing huge amounts? Like how many days can you get back on track after being so emotional? Or what you’ve been doing in order to move on faster after you lost money on these rug pulls?
There is nothing you can do about that, think twice when you invest again in new projects. Follow the team, when a team is planning to move on with the project while running away with the investors money, you can identify them with lower response in their communication channel and once you feel that kind of situation, just sell everything and move on as there is nothing you can do about that.

that's what i didn't do when i invested in several ICOs before. i should have sold the tokens when they still have value in the market. hoping that one day they can recover but that time didn't come. and up until they have been delisted. it was ok for me because i didn't spend a lot of money, but of course that was still money that i should used in more worthwhile projects.
what you can do in this situation is really move on, look for other options and not dwell or linger on that mistake. look for other means how to earn those funds back, even if it will take time to accumulate again but you need to do something and not just blaming yourself and dwell on negative things. you will get depression if you focus on those mistakes.