02-03-2023, 08:40 PM
When did you hit rock bottom?
<!-- SC_OFF --><div class="md"><p>Everybody who invests, unless you’re extremely lucky, has had their version of “rock bottom”.</p> <p>That morning when you wake up, look at your phone, and feel like throwing up. That moment when you realize “wow, I fucked up”. </p> <p>My first crypto cycle was the first time I had that moment. I started my investing journey in crypto with zero experience in any other markets. One morning I woke up and saw 15k disappear. I’ll never forget that. </p> <p>At that time in life, that was a lot of money to me. I grew up very poor and that was about half of the money I had to my name. I felt sick to my stomach, I couldn’t stop thinking how badly I messed up. The rest of the day was a blur. </p> <p>I don’t have any crazy stories about how I spiralled out of control and lost everything, I just buckled in, continued the ride down, and stopped looking at the charts. I just assumed it wasn’t coming back and lived with the loss. Eventually, it came back. </p> <p>That single moment changed my entire investing strategy going forward and taught me the most valuable lesson. </p> <p>“Do not invest more than you can afford to lose” </p> <p>What was your rock bottom moment and what did you learn from it?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/karlizak"> /u/karlizak </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10sm0pq/when_did_you_hit_rock_bottom/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10sm0pq/when_did_you_hit_rock_bottom/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Everybody who invests, unless you’re extremely lucky, has had their version of “rock bottom”.</p> <p>That morning when you wake up, look at your phone, and feel like throwing up. That moment when you realize “wow, I fucked up”. </p> <p>My first crypto cycle was the first time I had that moment. I started my investing journey in crypto with zero experience in any other markets. One morning I woke up and saw 15k disappear. I’ll never forget that. </p> <p>At that time in life, that was a lot of money to me. I grew up very poor and that was about half of the money I had to my name. I felt sick to my stomach, I couldn’t stop thinking how badly I messed up. The rest of the day was a blur. </p> <p>I don’t have any crazy stories about how I spiralled out of control and lost everything, I just buckled in, continued the ride down, and stopped looking at the charts. I just assumed it wasn’t coming back and lived with the loss. Eventually, it came back. </p> <p>That single moment changed my entire investing strategy going forward and taught me the most valuable lesson. </p> <p>“Do not invest more than you can afford to lose” </p> <p>What was your rock bottom moment and what did you learn from it?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/karlizak"> /u/karlizak </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10sm0pq/when_did_you_hit_rock_bottom/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10sm0pq/when_did_you_hit_rock_bottom/">[comments]</a></span>