If i had to give a conservative number on how much i lost making dumbass decisions including but not limited to:>buying fake gold chains>gambling >stocks/options/crypto>giving ppl loans >lawyers>drinking/drugsId say im def $50k-$75k which for me is like a years salary to 1.5 yearsHOW MUCH HAVE YOU WASTED ANON???
>>62698477Solana memecoins. Seriously I just haven't been able to win at them lately. Think it used to be easier.
>>62698477Lost a bunch on commodity contracts. Around 3 months' worth of waging. Was a shit gambling account basically. Might make it back this year with my actual account.
Made 70k then lost 70k this year. It be what it do
>>62698477I made and llst 800k in 2019-2022.I had been in crypto since 2012 and should have just parked money in BTC and left it
I hit for 124k for 2 hours when SHIB rocketed. Got in the feb it launched. Literally pulled over in my firebird i bought with gains on the way up, right on the fuckin highway. Called a guy and bought a Harley over the phone and withdrew the amount plus maybe 2500 for extras for it. My stack went back down to 15k~ by the next day. Could paid the house off but at least its full of cool shit and I went on a few trips. Was trading while running heavy equipment.
>>62698477>>drinking/drugsdont forget prostitutes, what a fucking drain.
>>62699939>bought a Harleyboomer?
>>62699940how much were you blowing on whores? Hookers are the only thing that keep me motivated
>>62698477I lost $120k last cycle on bullshit vaporware.
>>62698477I lost $20k when the Russia/Ukraine war kicked off. I had stock in Gazprom, Lukoil and MobilTelesystems. I was up by 180% in Gazprom, 150% in Lukoil and 80% in Mobile Telesystems in a 2 year period.Within 1 week, all 3 stocks crashed to losing money because of the Russian invasion. I was able to dump all of my Gazprom and Lukoil stock in time, netting an $18k lose. MobilTelesystems was already frozen, so I couldn't even sell it, effectively causing another $2k lose.I was able to get a tax write-off for Lukoil and Gazprom of $3k every year on my taxes since than and I still have 2 more years of $3k tax write-offs to go. I wasn't able to do anything with MobilTelesystems, so now it's just a delisted stock with no value on my brokerage account. It still has a stock ID number and my shares are still present, but I can't do anything with it. JP Morgan sent me a message offering to transfer the ADRs from USD into Rubles and then liquidate the stock, but I would need a Russian bank account to do the transfer, so the offer was useless for 99.99% of Americans.The irony of all of this was, Lukoil's shares SKYROCKETED after the sanctions on Russia. All the US sanctions did was force Americans to liquidate all of their Russian stocks at a major lose to Chinese, Indian and Russian investors.
>>62698477>>62699956Other than that, I can't think of any major mistakes. I lost like $1k on Filecoin, but made $2k on Bitcoin. That's the extent of my crypto trading.I don't do drugs, gamble, drink much alcohol, smoke, or have any expensive hobbies. I like fishing, hiking in the woods, shooting guns and going on 4chan. I'll travel to another city by plane once every other year, but that's about it. I also go to hunting/wildlife/police/EMS charity events a few times a year, with gun raffles and stuff like that, but 90% of the money goes to wildlife preservation and habitat management, so I don't consider that a loss.
>>62699942back in the day i was spending roughly half of what i was making, like 300€ per month between 2000-2015.holy fuck thats like 54k, not adjusted for inflation even.jfc
>>62699942>Hookers are the only thing that keep me motivatedunderstandable, nothing compares to rawdogging some whore, not even close.
>>62698477>>62699956>>62699973I also pay $450/yr for a gym membership. But, I go 3 - 4 times a week, si I don't consider that a loss either. 45 minutes of weightlifting + 30 minutes of cardio each time I go.
>>62698477My bad decision cost me USD 1,600,000.I could have saved about USD 16,000 by 2010, even by working crappy entry-level jobs. I should have invested that USD 16,000 in TSLA in 2010. If I had invested in TSLA in 2010 and held it for 10 years, I could have grown my investment to USD 1,600,000 by 2020.
>>62700000>48 minutes>no ones checked the quints
Depends on how you calculate it, anywhere from 12k to 50m
>>62698477counting only the decisions i regret:6k shorting dogecoin12k binance leverage gambling20k betting government intervention on silicon valley bank2k for lawyer3k on a trip to florida>drinking/drugsi don't consider these bad investments, however i should be drinking less & up the drugs ratiohonorable mention to the opportunity cost of not just holding bitcoin ever since i had money
>>62700000Gay. Checked tho
>>62700096I didn't even notice! Thanks fren!
>>62700000Have a YOU. >>62699956>>62699973Good spirit here, anon.
>>62698477I blew through an entire 60k inheritance fucking hookers in Thailand for 2 years I spent the entire time just drinking in bars and going to restaurants during the day, and then the entire night sitting in gogo bars drinking liquor and taking sluts to my hotel
>>62698477Due to crypto I was financially ruined for 6 years of my life, during the time when it matters the most.Hard to put a concrete number on this, but it kinda ruined my run in life.
I lost about 60% of nw after gulping down a bigassbottle of the crypto koolaid in 2021. Eventually it came back to breakeven on the back of some even worse decisions (PEPE, RNDR, etc, the 2024 movers). Moved into bitcoin and came out on the other end with about +1%. This marked about 5 years of deperate bagholding, for a 1% gain (sold on Oct 7, literally a day or so (?) before the CZ scamdumps that sent many pieces of shit to $0). I'm ridiculously blessed that I even got my money back. Nominally I haven't lost anything but even a savings account would have netted me more 'gains' (nominally, not in real terms of course). And yes, all of this happened because covid inflation buckbroke me. Before 2020 I had enough to buy a house, now I can only afford a garage. Almost kms'ed myself in 2024 or so. >>62699956This is a very interesting case.
>>62699939>I hit for 124k for 2 hours when SHIB rocketed. Got in the feb it launched. Literally pulled over in my firebird i bought with gains on the way up, right on the fuckin highway. Called a guy and bought a Harley over the phone and withdrew the amount plus maybe 2500 for extras for it. My stack went back down to 15k~ by the next day. Could paid the house off but at least its full of cool shit and I went on a few trips. Was trading while running heavy equipment.We found himThe legendary super retard
>>62699939You pulled over on a highway to buy a bike over a phone, because your shitcoin was mooning?
>>62698477nothing because i havent sold yet
The one thing that hurt me most actually was falling for the gold trap when the iran war broke out. Gold had been topblasting for week after week, and at the time it was pretty stable a few % down from the top. I went in with a measly 20k (too risk averse and old to yolo now) and it almost instantly evaporated to -20% or something. I eventually exited with a 2k loss. Hedge against x my black fucking ass. Now I'm still stuck on the +1% after a raging bullmarket because I diversified into a bunch of 'good ideas'. I had multiple +100%s (AMD and other but they were all offset with cold mathematical precision by all the -30%s and worse on healthcare stocks and other random crap like Novo Nordisk, Ambarella, ...Remember, if the world hates you, it hated jesus first kek
>>62700447Eventually I had a portfolio that worked out and I was finally up 5%, but trump made le funny tweet or something and crashed everything again. Fearing more pain I sold everything on June 8th. Still at my +1%. Right after I sold, and I mean literally 5 minutes after I sold, everything just pumped back over 2 days right back to where it was. I 'had' to sell the pico bottom because EU exchanges were 5 minutes from closing. Fucking kek. Anyway thanks for reading my blog
>>62700431>>62699941>>62700422Yep. I have 11 bikes and 5 cars/trucks right now. Back then probably had more cars. Ive always bought and sold stuff but yeah I absolutely floundered mooning shitcoin golden sun run. I also bought the good crypto.com card which did probably save me its value in trading fees eventually and free food I'd take from the airport lounges any time I traveled. Ive fucked up pretty good but I've always worked hard and had a real job of some sorts even if it was self employed stuff or like welding. Ive started over from 0 plenty of times just from being a poor Midwestern psycho but now im chilling in my 30s, got a house at 3.1%, big titty goth gf (real) and play high stakes poker. Im simultaneously super retard but also, happy
>>62698477>just one more gamble and I'll make it this time>you are now aware this is what a solid majority of adults have also done their whole life
>>62698477The opportunity cost of neetdom, is incalculable
>>6269847730k Lawyers20k Junky cars2k Scammed10k Alcohols50k Juicy girls40k Warhammer
>>62701281>40k Warhammerwhich warhammer? the fantasy one?
>>62701549No, the real one retard
>>62700411thats a lot of partying but id argue worth every penny
>>62698477Easily $3 million.To be fair the first time you lose a million it fucking hurts, the next time you hardly even care
>>62698477$10k bad investments$10k wasted money on consumer shit$10k loans and "help" to people$40k dropped out of a graduate degree program
>>62701605care to explain or jus LARPing >>62701611>$40k dropped out of a graduate degree programwhy does this one seem the most painful out of all thimgs listed ITT id go back jus to get the degree even if i never used it
>>62701634Like everyone who got into bitcoin early I just lost or mislaid or traded away a lot of them.I mean I still ended up with a few hundred K so don't break out the violins but the story of my life in crypto is a parade of incredibly stupid financial decisions.
>>62701634>why does this one seem the most painful out of all thimgs listed ITT id go back jus to get the degree even if i never used itit was medical school. if you drop out you're blacklisted for life.
I just want everyone to know not to worry, but your bad decisions compound over time, so your real loss is worse than you thought. But don't worry about it. There's nothing you can do now.
>>62701636damn that sucks. did you have grade or discipline issues or jus said fuck it and left
>>62701645i have a numbers brain not a memorizing thousands of powerpoint slides and dealing with normies all day long brain. after 4 months i realized i hated it and got out before my next round of tuition and fees was charged.
>>62701635>>62701642Like most people in this thread, ai really want to buy Zcash and some other alts right now but I know they’ll eventually rug against BTC just like all the other alts in all the other cycles.
>>62698477Around 10k but if current plays go wrong it'll be 11.5k. This is just money I've lost on crypto. Most of it was 10k that I lost in the truebit hack last winter
>>62701589which one is the real one?
>>62701671I haven't had the urge to buy back into Zcash yet so my guess it will run up a bit more since the universe tends to arrange matters personally to rug me
>>62701642The only man who's never made any bad decisions is the man who's never made any decisions.
>>62701589They're both the real one, matt ward
>>62701695and the guy who texts his ex
>>62698477probably $500,000+ fucking with crypto. 90 percent of that being lost profit.
>>62701549No the cool one.
Going to business school abroad (I'm not American) to get an MBA was probably the single most catasthropic choice in my life. Some things before wer also bad choices, but this one really permanently destroyed my financial potential
>>62698477Trump has costs me more money this year than anything else in my entire life
>>62698477I screwed up so bad with a shitcoin that used bitches to boost itself, and I ended up losing everything when the dev ran off with everything, I had to sell my zelda edition 3DS for two reasons: pay the fucking rent and to see if I could make some money back through flip.gg and with new dogs, I thought that if I used things on a short term stuff, it would helpThat 3DS was a gift from an ex who moved to europe, I totally screwed up
>>62701207Can you blame them?
>>62698477i've lost about $60-80k outright and who knows in opportunity cost and paper handssuch is the price of gambling college
>>62698477Nothing.Invested in Nvidia before the stock split.Invested in the magnificent 7 around 2022.Invested in Chainlink (little bit down)Invested in SPCX (little bit up).Taken a bit out to buy new phones and built a new PC.
>>62703138Jeez...
>>62698477Im at around 200k from selling too early or never selling. I got garnished for 20k a couple years ago for a bullshit expense that i should have hired a lawyer to slap down which i wouldve thrown into crypto. My brother wired me 10k to invest right before the covid crypto golden bullrun. I was worried about sending my bank account information over email so i sent it in different parts through multiple emails and messengers trying to be cryptic but of course that was retarded and confusing and the wire got sent to a wrong account. It took months to get the wire unfucked and it finally got to my account on my birthday which i thought was neat and immediately through it in crypto. The next night the elon musk asbergers snl and wario snl sketch aired. I had spent half of it on 100 link. All in all my retarded ass has cost me at least a million
>be me>6 years ago or so>fresh out of high school, lurking on /biz/>use (((robinhood))) after friend tells me I can trade crypto/stocks on it>see some shitcoin>"DOGE">totally fucking worthless, decide to throw $20 into it for fun>wait about 3 months>it is now $40>excited, show my parents>they immediately say im wasting my money, and shouldn't put it into that new age crypto crap, it'll never go anywhere>I cuck out and sell it for the $40>spend $40 on non-slip shoes for goyslop production job>fast forward years later>Gamestop/DOGE skyrocket era>just out of curiosity check how much of that DOGE I had at one point>value was nearly $1 each>see transaction history>sold 400,000 DOGE for $40>mfw I could've had 400,000 at age 20 if I had held it>mfw I traded my future for a pair of non-slip shoesNever selling again
>>62705199Oh and i suppose not buying any bitcoin in 2012 (or until 2019) after knowing about it since its inception and being fresh off my 2nd deployment with 80k in the bank cost me my own private island
>>62705209Another cautionary tale here. One little pump can buckbreak a human for a lifetime. A flash in the pan, a unique one-off event, has completely buckbroken this anon. He will never sell again. He will keep buying until he's 70 years old, all in a desperate attempt to re-live the glory he days he missed out on. GME, DOGE, it s all the same. Humans are truly pathetic.
>>62698477I fumbled like 50k with meme coins.Sometimes I still have an autistic tantrum about it.
>One semester of a master's program ~$3300>Bought a used Ford Ranger that was a secret POS and needed heavy repairs $5k + ~$2k repairs - sold to brother for $3k, ~$4k total>Lost over $700 trying to day trade one time$7700 in the red on bad ideas, but my investments are up $25k lifetime in the green, it could all be so much worse!
>>62698477over my whole life its probably 100 grand wasted and 100 grand of neglected opportunity, but most people are way worse than me so im fine with it
>>62698477Almost a million dollars
>>62705236Unironically, this anon's problem is that he hasn't lost ENOUGH.If you lost money and feel sore just lose more money. Eventually you stop feeling the pain and start to live in the present again.
>>62698477I didn't sell tranny, so zero
>>62698477i never wasted any significant money on useless shit but i probably took a lot of opportunity costs by dicking around with single stocks and not just putting all my money into an index fund from the start
