Post
Topic
Board Economics
Re: How do feels losing money?
by
fullhdpixel
on 19/04/2023, 19:44:40 UTC
losing your hard earn money is like losing your blood and sweat without any exchange. this isn't the only time that someone was feeling heart broken in terms of losing money from schemes, but it is also not new to us that several warnings are imposed everywhere not only on this forum but also outside to remind us the risk of losing money into investments. if what you have been planning to invest is something too good to be true, you should try to minimize your investment, win or lose atleast your losses are manageable, but if you win then it is still a profit. no matter how small a profit is, it is still a profit so you should learn to be in control of yourself and do it moderately.

we also feel bad hearing this story in our community, but as what we always said since the very beginning, you are responsible of your own decisions and money, this is also an eye opener for you to not immediately believe something that seems impossible specially when money is involve. we also sympathize that it is from your hard earned money, but again let's not forget that you are risking your money, you should be ready to accept the consequences just in case it fails.
The thing is, if I make a trade and the price drops and the market drops and I made a bad trade that does not feel terrible to me.

I understand that it is still losing money and I get that I should not made that trade and that's a bad thing, however when you compare that to something bigger like having a rug pull or a scam or something like that taking my money away then the feeling is much worse. In that case it feels like I am a stupid person for fall for something like that, even Warren Buffet makes bad trades sometimes, but getting fooled by a scammer and losing your money is much worse, that is not something you should be ever falling for. Make bad trades and lose all you want, but do not get fooled by scammers that steal your money.