Honesty In /biz/: How Much Money Did You Really Lose?

[Anonymous No.49617181]

Let's be honest /biz/, how much money did you really lose with everything going on right now?

[Anonymous No.49617391]

>>49617181
Zero.
I cashed out 6 months ago.
How much have you lost?

[Anonymous No.49617611]

>>49617391
Not that much, only like 10k

[Anonymous No.49617884]

>>49617391
Still lost at least 1/3 of your spending power to inflation, you have to put it back into an investment that will 5x-10x or the fed and banks will rugpull you. I'm in the same boat, have more moey that could have ever imagined I would, there's nothing worth buying, not having to wageslave is the only real benefit, and if I leave it in the bank to pay bills for the rest of my life it keeps loosing value.
>>49617611
I saved 1BTC as my suicide stack, it can loose 10k in a day and I wont bat an eyelash. It's worth $0 or its worth $1,000,000 to me, there is no in-between.

[Anonymous No.49617947]

>>49617391
Realized? Over $20k.
Unrealized at least $60k.

This is almost my entire life savings at 30 years old and I went from the wealthiest person in my group to having a negative net worth. I literally want to kill myself, but I don't have enough money to see a shrink anymore.

[Anonymous No.49617954]

-60% in 4 days

[Anonymous No.49618046]

>>49617947
Weed helps, or that diet weed Delta 8 that is if it's legal in your state and a stationary bike.

[Anonymous No.49618467]

>>49618046
Unfortunately, I have a paradoxical reaction to most anxiolytic drugs. The only effective tool I've had in the past is prayer and meditation, but I don't know how effective it will be this time.

[Anonymous No.49619061]

>>49618467
Delta 8 is like weed without the paranoia.

[Anonymous No.49619168]

>>49617181
Like 3k out of 20k.

[Anonymous No.49619176]

None. I've never bought a single cryptocurrency in my life lmao.

[Anonymous No.49619249]

>>49617181
Nothing. Cause Im not selling bitch

[Anonymous No.49619374]

realized + unrealized maybe 300k

[Anonymous No.49619499]

>>49617181
Depends on how you look at it.
I lost $0 because I haven't sold.
Or I lost my entire investment the second I spent it.

If I spend $1 on a soda, I lost that $1. Even if the soda remains at the the value of $1.

[Anonymous No.49619567]

>>49617181
70 dollars

[Anonymous No.49619632]

>>49617181
enough to set back my plans 5 years or so? which kind of sucks because i wanted to be done waging

[Anonymous No.49619852]

>>49617181
bout tree fiddy

[Anonymous No.49620073]

IM FINANCIALLY ROOOOINNNED!!

[Anonymous No.49620218]

>>49617884
>lost at least 1/3 of your spending power to inflation
> if I leave it in the bank it keeps loosing value.
False. I have buying power most don't and won't have for quite some time.
>use your savings to pay bills
I am not a poor fag. I haven't touched it.
You are thinking to small. Squeezing a few pennies per dollar is a waste of my time. You may need to do that. I don't.

[Anonymous No.49620418]

30k loss on 50k basis. Not ideal but doesn't materially affect my day to day.

I knew the risks. Sometimes you just gotta shoot your shot.

[Anonymous No.49620501]

>>49617181
1 million thanks to all my ETH being staked
Still in profit on all my alts.

[Anonymous No.49620741]

My 401k is down about 60k. My rental properties are up more than that just this year. Glad I diversified.

[Anonymous No.49620856]

I got burned 7k in 2018 and never reentered, I just come back for the memes and small cap stock picks when the market is hot

I'm all in cash and property and gold now

[Anonymous No.49622134]

>>49617181
I made money by cashing out at 63k and SHORTING THIS SHIT INTO THE FUCKING GROUND

[Anonymous No.49623581]

Initial investment 150k. Now sitting at 18k & falling at light speed. But hey the future of finance & a hedge against fiat usury etc right butt fucks crypto lords? Fuck crypto. Never again.

[Anonymous No.49624392]

500€. I still cry in my sleep sometimes. Fucking GME. But my SOXS is 90% up rn.

[Anonymous No.49624472]

>>49619499
You must have lost a lot of money. How much did you lose bro?

[Anonymous No.49624860]

Lost about $20.

[Anonymous No.49624899]

>>49617181
The way I'm looking at inflation is a simple one (albeit not the most accurate). I'm a cyclist and there was a time when someone could buy a "carbon fiber" bike with decent parts in 2016.

Giant "Defy Advanced 2" 2016 Model - $2100
Giant "Defy Advanced 2" 2022 Model - $2800

These are pretty budget oriented bikes, but the 2022 models come with slightly better parts, so the difference would have been worth roughly $200 more to get the better parts.

As a "back of a napkin" estimate, the newer bike would have $200 worth of upgrades given it has "tubeless rims" instead of requiring the use of inner tubes.

The bike used to cost $2100, and if inflation (and also "economies of scale") were not an object, the newer model bike would cost about $2300. Instead it costs $2800 in US dollars.

$2800 / $2300= 1.2173

Since 2016, the "equivalent bike" effectively costs 1.2x as much money, so using this very loose "model" I'm asserting that the bike got 21% more expensive over the course of six years. Back in the days of the "gold standard" inflation was less than 1% yearly, but now it's floating around 2 - 3% on a good year, and this isn't accounting for sales tax, maintenance costs (which have risen dramatically) or the bikes which rose in price by more than 21% for later models.

Despite inflation being a factor in pricing, things don't typically get 3% more expensive when inflation is 3% because "economies of scale" should bring down prices enough to compensate; this means it is possible that inflation (using a basket with only one item in it) is likely much higher than 21% over the course of SIX YEARS.

I lost nearly $10K on mutual funds, $3K in crypto mining, and $1K on trading cards (mostly Magic). Mutual funds averaged 35% losses, crypto went down 40% over the past week, and the disposal costs of collectibles are trending high.

At this point, the "pro play" is to invest in your health and work out like crazy at the gym.

[Anonymous No.49624904]

I lost $700k unrealized, but I am still up 10x and not fucking selling. I will never fucking sell you fucking bobos.
>t. bought 200 ETH at around $100 in 2020

[Anonymous No.49624914]

Like $80k

no biggie

[Anonymous No.49624972]

I bought a house for €335k about 3 years ago and its now valued at €420k. I also didnt pay rent during that time. The interest I paid on the mortgage is about. Interest on the loan is about 6k a year. Rent for an equivalent property is about 2.5k a month.

Im up big time.

[Anonymous No.49624974]

>>49617181
>$100k from ATH. Never selling my XMR though so it's irrelevant. Purchased crypto for the first time in over 2 years yesterday. Holding large sums of fiat is crazy in this environment and sold assets will never find their way back into the hands of the masses. This is the largest transfer of wealth to the rich that has ever happened. Short term price in periods of insanity are irrelevant; in a couple years time the people who purchases right now will come out massive winners.

[Anonymous No.49624986]

>>49624972
The mini strokes are worrying me. Ill admit that.

[Anonymous No.49624990]

>>49624974
*Over $100k from ATH

[Anonymous No.49624998]

>>49617181

Realized losses = $18k (sanctions on Russia)

Unrealized losses = $1k (in crypto) I don't have much crypto.

Other than the Russian sanctions my overall portfolio has been flatlining, which is better than most people who are down like 15% in their 401ks right now.

Also, I hate the Antichrist.

[Anonymous No.49625005]

>>49617947
unrealized I lost 118k
realized I lost like 20k
I am down to 12k... lmao

[Anonymous No.49625009]

Nothing because I haven't sold and don't plan to until 2030 at minimum.

[Anonymous No.49625031]

>>49625009
I do think bitcoin will crash to zero. I am as anti bitcoin as they come. I also think it will inevitably recover to some value. I want to see it crash but I dont mind if it makes a come back and people who really hold keep their money.

[Anonymous No.49625043]

>>49625005

[Anonymous No.49625050]

i own nothing but oil and gas stocks.
down 5% right now and I expect oil to hit $150 by end of summer.
fuck am i glad i didn't buy any crypto.

[Anonymous No.49625057]

>>49617181
I'm still up. My average cost for BTC is under 1k. Don't be new next time.

[Anonymous No.49625063]

>>49617181
300k and Biz told me to sell fuck my instincts were telling me to sell but i believe never selling

[Anonymous No.49625118]

>>49617181
I started with $200, hit $8000 and lost it all in last year may. Was down to $600.
Worked my way up to $12000 and lost it all again and went down to $3600.
I AGAIN worked my way upto $14700 ath and now I'm down to my $13.
Idk what to do anymore bros.
>>49617391
>>49617947
I don't think shrinks help much desu. But don't kill yourself. Just keep trying I gues...idk anymore tho kek
>>49624974
You've got balls of steel man. Not a big fan of xrp but hopefully it works out for you
>>49625057
.....I spent my teens shitposting and masturbating when I could've accumulated btc.

[Anonymous No.49625130]

>>49625118
Has it ever crossed your mind to realise your gains??

[Anonymous No.49625150]

>>49617181
I'm down 50% on 2k. I know it's cheap change, but I didn't trust myself enough to gamble more than that.

[Anonymous No.49625286]

>>49617181
i have lost more in stocks than crypto

[Anonymous No.49625371]

80k in paper gains.
20k actual from when I bough in.
I actually feel quite cathartic. I've been listing to kom susser tod on repeat, besides that its been fine. I bought guns, ammo and precious metals in equal amounts of crypto, I have a house locked in at 2.5% interest. Things could be way worse then they are. I hope each and every one of you guys make it out of whats to come.

[Anonymous No.49625420]

>>49625031
>I do think bitcoin will crash to zero. I am as anti bitcoin as they come. I also think it will inevitably recover to some value. I want to see it crash but I dont mind if it makes a come back and people who really hold keep their money.

I could see it going to zero, it was a good idea, but not really usable as a curency, now everyone sees it as a scam, and having no utility, so it is just a mmorpg computer game at this point

it was useful when you could buy illegal stuff with it

[Anonymous No.49625496]

40k in "unrealized gains", but no matter what happens with the market I'm still in the green because my initial was literally zero dollars. I mined some dogecoin with free electricity years ago, flipped it for three grand when the first Elon memes hit and used that as my initial.

[Anonymous No.49625501]

>>49617181
it’s been a journey. $126 turned to $70,000 in november now sitting at $5k. So i’m up but it feels like I lost a lot

[Anonymous No.49625602]

>>49617947
same but dont kys. We should all be arming ourselves and preparing to do as much damage as possible if they don't reverse this soon. Together, we could organize into a formidable force.

[Anonymous No.49625818]

>>49617181
Sold in November

[Anonymous No.49627432]

>>49617181

Over 7M, from 10

[Anonymous No.49627545]

I'm up like 80% on the year trading, don't really hold anything except for what I mine

[Anonymous No.49628773]

>>49617181

[Anonymous No.49628785]

>>49617181
I would say around 2k, I can luckily afford it and only play with money I can lose. I just want to pay my rent, that's the only thing I care about with money.

[Anonymous No.49629117]

>>49619249
everything it is then for you.

[Anonymous No.49629119]

>>49617947
>depressed, want to see shrink

angry exercise is better than any psychiatric jew. also, i have lost 13k.

[Anonymous No.49629169]

60k but it's all profit

[Anonymous No.49629186]

>>49617181
from 6k in unrealized profit to 8k in unrealized losses, but i'm long term

[Anonymous No.49629319]

>>49617181
I made 2x off wluna after its crash, so 20$. haven't touched this shit since.

[Anonymous No.49629587]

>>49617181

[Anonymous No.49629628]

>>49617181
12 million. I wish I was joking. I am not. I will not post proof and hope you ignore this post. I just had to let it out.

[Anonymous No.49629752]

>>49629628
post proof, fag

[Anonymous No.49630143]

>>49617181
I've not lost money, but I did loose around 300k unrealised gains. That's a fucking house right there, but I wanted to wait cause I was aiming for the two commas, 40% to the tax man and two flats bought.

[Anonymous No.49630203]

>>49617181
About 950k

[Anonymous No.49630270]

>>49625050

Same. But just started a big Oxy position. 17500 shares at like 70.

So down around 200k at the moment.

[Anonymous No.49630562]

>Put in 5k
>used profits to invest more
>took out my 5k
>current portfolio 10k
technically i cant lose. Everything i have invested right now is not 'my hard earned' money, so idrc how low it goes. Just gonna leave everything as it is, it´ll heal sooner or later. Be it in a month or 10 years.

[Anonymous No.49630895]

5k of my initial investment, 15k of unrealized profits, under 5% of my net worth lost so im not too bothered.

[Anonymous No.49631032]

>>49617181
What do you mean by that... ? Haven't lost anything until I sell. 2017 taught me a lesson.... BTC MUST ETH will definitely retest ATH after the bear season. Didn't sell yet...

[Anonymous No.49631044]

>>49617181
Around 500 usd

[Anonymous No.49631053]

>>49620501
Shut the fuck up... Everything is down Jeet..even your so called ETH... Everyone running to p2es lately...

[Anonymous No.49631086]

>>49617181
I cashed out just under the top last year and made around $5k. Not impressive gains I know, but I'd only started buying the year before.

This year I'm probably down $2k in unrealized losses because I'm DCAing on the way down. I'm messing with shorts on the way down though and hoping to make some it back that way.

[Anonymous No.49631144]

>>49624860
how will you ever recover anon?

[Anonymous No.49631334]

>>49631053
I lost almost all until I decided to look to other ways of earning since I'm bad at leverage trading, I'm now in subsquid's ambassador program. The incentives are not bad.

[Anonymous No.49631390]

>>49617181
I'm a loser for life now. Cursed my boss because I was a millionaire in crypto. If not for the fun and few earnings from Cometh, I'm roped by now...

[Anonymous No.49631443]

>>49631334
I was at the dotsama prague and saw the demonstration of the hackathon, it's marvelous.

[Anonymous No.49631495]

>>49631144
It's going to be a very tough one.

[Anonymous No.49631564]

>>49625501
Interesting ride. You are up afterall.

[Anonymous No.49631755]

>>49617181
Lost 95% of my stack to margin calls. Its over for me, I need two more bullruns to make it. Another 7 years...

[Anonymous No.49631783]

>>49631755
Don't worry about it, I lost it all in the 2018 crash and now I have almost 500 ETH.

[Anonymous No.49631796]

>>49631755
From 700k to 30k. JUST..

[Anonymous No.49632437]

>>49631755
>>49631783
>>49631796
Do you guys not cash out like 20% occasionally into fiat?

[Anonymous No.49632851]

>>49617181
About 1k. But I still feel sad because that's 70% of what I put in.

[Anonymous No.49632921]

>>49617181
>invested ~$20k
>peak ~$500k
>current ~$150k
Well, I ain't cashing out now if that's what you're asking.

[Anonymous No.49632984]

>>49625420
>xmr ftw

[Anonymous No.49633040]

>>49617181
I'm down about 8k from my peak, had 10k at my total. It's more money than most people my age have. I've been slurping the dips like a retard so maybe in the next bull market it'll have paid off. I'm currently sitting on a growing cash position waiting to get some nice buys if we go under 20k.

[Anonymous No.49633178]

>>49631755
lmao i lost a lot gambling on high leverage too

[Anonymous No.49633434]

>>49620501
Only asset I consider staking now would be KOL, this will secure access to presale tokens and WL spots

[Anonymous No.49634934]

>>49617181

> gamora:
> "Did You Do It?"
Yes

> "what did it cost you?"
Everything

[Anonymous No.49635016]

>>49634934
>>49633434
im Out
im investing in solid assets I can keep in a trunk in my house right next to the rifle I lost in a boating accident with the double shot trigger that fell off

[Anonymous No.49635038]

Put in a total of $1000 into crypto, down to ~$150 now.
But I was down to 200-300 way before this crash. About $500 went into the /biz/ scam called Mercurity, the other $500 was just poor trades, rugpulls and so on.

[Anonymous No.49635181]

>>49617181
Initial:4k
ATH: 70k
current: 8.5k

[Anonymous No.49635195]

>>49617391
>Based
Same here
Tethered in November, not aping back in before sub 15k btc or PrecogFInance release, whichever is here first

[Anonymous No.49635259]

3k

[Anonymous No.49635311]

I bought
>$12,000
in crypto during covid times. It sits around
>$3,200
as of this morning. I have never sold crypto.

[Anonymous No.49635313]

>>49617181
none
didnt sell

[Anonymous No.49635458]

>>49631032
I guess some retards here needs to be trained

>>49631053
>Everyone running to p2es lately...
Lmao, i've seen this a long time ago, and already big in axs, hero, rfox and gala, regardless of the dip, I'm earning money on the games.

[Anonymous No.49635483]

>>49617947
Why do men seem to increasingly talk about therapy these days? Why do you want to pay a tremendous fee to babble to a pharma jew? How do you look at yourself in the mirror as a man when you take part in a practice so inherently feminine and childlike?

[Anonymous No.49635569]

>>49617181
i made money
sqqq.
it's going to dump again on the announcement of rate hikes.
the entire market and economy is fake goy. it can go out of control but only by so much till they print more off the books. that will only last until it is obvious to midwits that's what's happening.

[Anonymous No.49635622]

>>49631053
fucking kek, i've been earning 25% on the RIDE's metastaking plan, just waiting for the VR game to come live.

[Anonymous No.49635710]

>>49625818
lucky you

[Anonymous No.49635748]

>>49635483
>feminine and childlike

jesus christ, chudcel, imagine being so pathetic and cowardly you can't even talk to someone.

[Anonymous No.49635863]

>>49624904
>bought 200 ETH at around $100 in 2020
You're so lucky, got mine at $770, don't know either to sell now coz no one knows how dip this would go, but meanwhile im stacking some Sylo that bounced up lately, and the volume looks pretty decent.

[Anonymous No.49635910]

>>49631053
p2e is the real deal, and has kept me incentivized at these bad times. Honeyland is the next game on my list, and I've minted and staked some NFTs in anticipation of the game launch.

[Anonymous No.49635928]

2 years of my current wage

[Anonymous No.49635931]

>>49617181

700000$

Still up about 100000$ my my initial 6000$ investment

[Anonymous No.49636006]

>>49631495
P-2-e will eventually save us all, screenshot it

but until then I'm stacking up HERO, Alice, Rfox and Sandbox
fuck the jannies.

[Anonymous No.49636025]

>>49635458
Since you've got an interest in gaming projects, I'll recommend you have a look at Honeyland. They recently concluded their which was sold out in a couple of minutes, and their token Hxd wold be going live this quarter.

[Anonymous No.49636032]

From $3.125k to $1.2k.

Just bullshit money

[Anonymous No.49636094]

>>49617181
Decades worth of work, saving and investment. Over 60% minimum roughly. And, we aren’t even close to done. No one is capitulating. No one is committing suicide, bankers are not flinging themselves from roofs. Until then, PAIN.

[Anonymous No.49636109]

Luckily I didn't lose anything but I should have cashed out at the top, had $220k and now sitting at $12k. But that's fine, my initial was around $3k.

Hope it gets back there some day but not in a rush anyway.

[Anonymous No.49636303]

>>49635483
They do not know that pain, suffering and loss are things to be welcomed and not avoided. This life is a crucible for our souls and the misery is the forging process. Embrace the pain of your existence and realize that your character and soul are leveling up. These next few years will separate the men from the boys. Hoka-Hey!

[Anonymous No.49636363]

>>49635483
The only times I visited the shrink the conversation went this way:
>I keep asking for vacations but these bastards keep denying them, can you give me depression for a month?
>Aight, thanks m8

[Anonymous No.49636409]

>>49617391
You must be a smart ass nigga. I've lost 50% of my invested funds 6 months ago but that doesn't mean I've lost it all. My bags of lox, xrp and eth will be back in the pump even if it is going to take 2 years I don't give a damn. The vibe is do not fucking sell

[Anonymous No.49636629]

>>49617181
Cashed out in November and lost about 40% of profits to bad trades since then. Keeping the rest for another easy money scenario instead of forcing it.

[Anonymous No.49636933]

>>49635622
Ride dumped like a sack of shit lately.
Metastaking UTK is much better

[Anonymous No.49636992]

I don't have any crypto but my stocks are down $25k in unrealized loss. Was just about to sell some to pay for law school too.

[Anonymous No.49637059]

>>49617181
Depends on what you consider losing money... I invested 15k and my portfolio is worth around 170k so I'm still very munch in the green. As for unrealized gains.. I lost 2.2M

[Anonymous No.49637182]

>>49617181
I lost about $150k in unrealized gains, slowly starting to make it back by saving more cash and getting ready to start buying again.

[Anonymous No.49637184]

>>49617391
like maybe 5-6k? nothing too devastating to be honestwnp

[Anonymous No.49637214]

I have over 200k in cash and what I did have in the market, 22k, has gained over 30% these past 6 up to 28k months on my inverse etf plays.

[Anonymous No.49637502]

>>49617884
>lost 1/3rd of your spending power to inflation
>you should have put it into the market and lost 70% + the 1/3rd loss of buying power
>NiggaShutTheFuckUpGodDam.wav

[Anonymous No.49637688]

>>49635748
>the man who doesn't need to pay someone to listen to him is pathetic
Ok faggot

[Anonymous No.49638230]

>>49636303
Good explanation. Somehow young men have been conditioned to think negative emotions mean something has gone horribly wrong. That it's not an invitation to become a better man. When you overcome these feelings unassisted you build a self-reliant independent framework to face further negativity. When you go crawling and grovel to a prescription jew you reinforce a weak dependence. Female behavior.

[Anonymous No.49638301]

$338,000 unrealized loss

[Anonymous No.49638334]

>>49617181
This year, basically nothing. Cashed out in late January, started buying hard assets and supplies (food, ammo, PMs, homegym, etc). Most of my cash goes to stuff that will be more unaffordable or unattainable as time goes on, the rest I'm saving and putting into value stocks (utilities, commodities, etc)

[Anonymous No.49638361]

>>49617181
I’m down $300,000

[Anonymous No.49638406]

Like $5 after finding out that gas fees made it impossible to buy the item I was trying to buy in the first place and pulled my money out of coinbase.

[Anonymous No.49638781]

>>49632437
I did, but its kinda gone, about 50k a year