Quote from: LastKiss on April 24, 2023, 08:20:54 AM

Quote from: JamesBorn on April 14, 2023, 03:24:03 AM

~snip~

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

That's why its important to use money that you can afford to lose so such feelings won't come to you when you're losing your money in a scam project. I once felt that when I lose my money in a project that becomes a scam after a few months of running cause when I did research the project is looking promising and had decent progress, I end up investing 500$ in that project and after few months I lost all my investment. I feels desperate at that time since its not money that I can afford to lose but I made that experience as a learning.

Losing hard earned money will lead you to have a negative emotion like regret, sadness, envy and many more. It's really hard espeically if you are in that kind of scenario. It will also be normal to ask yourself that "if you really deserve this kind of situation". I already experienced it many times but I became better and bettere because of this situations. The most important thing that we should have is the attitude that we have, the attitude that we will show not only to ourselves but to the people that we surrounded if experienced losing money. Losing money is inevitable and all of the businessman and investors must experience it to get on the another level for them to improve overall character, attitude and skills.

The risk is the reason why losing is inevitable but we can manage it by having right mindset, right knowledge and experience that we can use in order to become better. If you got scammed, there will only one thing that you should focus on. It is the right knowledge that you have, it seems that you've been blinded by the potential rewards that you can have and it is the reason why you lose huhge amount of money.