Post
Topic
Board Altcoin Discussion
Re: How you deal with your emotions after losing a lot of money on rug pulls?
by
adzino
on 16/11/2021, 01:06:36 UTC
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?
You said it yourself. You invested in "meme coins" and "shit coins". You knew what you were doing. You just wanted to make some huge profit over night. So you should have known that you might lose everything overnight and this is more likely to happen rather than making profit. So why is it hard for you to move on?
The best way to deal with your emotions is to be already prepared. Instead of thinking that you are making investment, you should be thinking that you are donating your money to scammers. This way you won't feel bad when you get scammed.