Quote from: DanWalker on Today at 08:27:45 PM

Quote from: cheezcarls on November 14, 2021, 12:27:04 PM

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.
I am aware of the risks and the amount that I can afford to lose, but it’s just that I find it hard to make that money back that I have hardly earned. But good thing I didn’t go all-in with my entire savings, and that’s a good thing. I just can’t resist myself from being emotional despite that I’m aware of the risks, and my heart was emotionally hurt too.
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 no point in losing money and getting angry or anxious. Rather, it is better to think about how to recover from loss by calming the mind. I use one part of my total funds to invest and save the other two parts to deal with unavoidable risks. There are different trading strategies that should be followed.

The scenario of losing money is really bad for most people, specially if the money is important for their everyday living. We can't tell that they shouldn't be anxious, angry or remorse about the lost, we have different level of sensitivity.
But to deal with that lost, one should study about the project before investing on it, and he should be ready that the money could easily because of crypto's volatility.

"Don't invest what you cannot afford to lose".