Lost Everything

[Anonymous No.7546028]

Put about 50k into Bitcoins when they were about 16k each, thought I was so smart when it went up but I got too greedy and didn't sell, now my portfolio isn't even worth half of what I put into it.

The worst part is it wasn't even my money. I had to take out a loan, and since my credit is ruined I had to resort to a mob lender. I'm to pay them back by the end of this month at 11% interest compounded monthly.

What do I do lads? I need this money quick. Thinking of just going an hero since I'm so freaking depressed. Can't ask family cause I'm estranged from them after getting caught stealing from my parents a few years ago.

[Anonymous No.7546064]

>>7546028
>steal from family
>have shit credit
>take mob loan
>buy high, sell low
Put it all on black, bitch.

[Anonymous No.7546065]

>>7546028
LARP threads are so interesting.

[Anonymous No.7546077]

>>7546028
You were gonna lose the money anyways gambling on loans. Stop being stupid and make money to pay back your loans then work 9/5 everyday and don't buy shit you can't afford.

[Anonymous No.7546148]

>>7546077
Mate I don't have a degree, and I'm not gonna make 50 grand by month's end working at McDonalds. Maybe I sell a kidney or something but I doubt I can get very much for it cause I use to be an alcoholic.

[Anonymous No.7546208]

Thanks for holding my bags! Did u think crypto is going to take over the world?

[Anonymous No.7546217]

BUY ZCLASSIC, SWAP IT FOR BITCOIN PRIVATE WHEN THE FORK HITS, BECOME RICH.

[Anonymous No.7546230]

>>7546208
Not my fault mate I'm generally careful about my investments but I got memed, John McAffee said that Btc was gonna be 1 million each soon and I didn't wanna miss out.

[Anonymous No.7546489]

Yeah try being in it for more than 3 months you fucking idiot.

Bitcoin is a long term investment, not a fucking few week get rich quick scheme

[Anonymous No.7546544]

>>7546489
How the fuck is it a long term investment if its price spikes and crashes so quickly you delusional fucking idiot, it's retards like you that fooled people like me into buying your shitcoins anyway, get fucked.

[Anonymous No.7546568]

>>7546230
>John McAffee said...

If he told you to eat shit, would you do it??

[Anonymous No.7546608]

>>7546148
"Mate", you'll deserve it when Pakis take your homeland from you out of your sheer sloth and lack of motivation to improve yourself

[Anonymous No.7546622]

Post your best sweeping attempts bois

[Anonymous No.7546643]

>>7546544

ok, this is a pretty good larp; you really capture the angst of the normans

[Anonymous No.7546656]

Kill some people for them. That should be more than enough to cover your debts.

[Anonymous No.7546670]

>>7546028
Lying fag

[Anonymous No.7546683]

put what's left in bcash, you will thank me for it

[Anonymous No.7546691]

>>7546544
what do you think a long term investment is? kek

[Anonymous No.7546717]

>>7546028
Sell your stack and flee the country. You could probably live on the top floor of Ponte with 20k

[Anonymous No.7546725]

>>7546028
I could get you a loan, but I guarantee it will be much worse than whatever these guys do if you don't pay it back under 60 days

[Anonymous No.7546792]

>>7546544
>delusional fucking idiot
Now now who is the fucking retard trapped in a debt situation due to shitty memes and taking john mcscatfee seriously?

[Anonymous No.7546824]

100x leverage short BTC on Bitmex.

Ride or die anon

[Anonymous No.7546834]

>>7546683
Yeah put it into Bcash, and sell low buy high.

[Anonymous No.7546865]

>>7546028
>>7546028
>Bitcoins, plural
>not Bitcoin

Just kill yourself instead of worrying about it, faggot

[Anonymous No.7546990]

>buy $4 kneepads
>Suck 50,004 dicks at $1/pop

[Anonymous No.7547022]

if 11% is the annual rate you didn't do that bad for a 0 collateral loan

[Anonymous No.7547152]

>>7546028
>>7546824
this

an hero if you lose everything

[Anonymous No.7547208]

>>7546028
>mob
>11% compounded monthly interest

Nice LARP. I used to work with mob guys. Standard rate is at least 25%, sometimes even as high as 50%.

If not LARPing, you got a good deal bro. Enjoy your fingers and legs while you still have them.

[Anonymous No.7547319]

>>7547208
does 'the mob' really loan out money to anyone that asks? I don't believe either of you.

[Anonymous No.7547368]

>>7546990
Solid advice, from old school /biz/. Can't go wrong with kneepads and a heap of motivation, anon.

[Anonymous No.7547378]

>>7546028
Do you sign any papers when you borrow money from the mob? I'm guessing you don't.

[Anonymous No.7547405]

>>7547319
It's a payday loan shark

[Anonymous No.7547453]

>>7546028
Regarding your situation, the only thing I can think of is to give them back what's left of the money. Then join the military (navy?) and hope for an overseas deployment. Keep re-upping as long as you can.

[Anonymous No.7547486]

>>7546028
>borrowing money to buy ath

[Anonymous No.7547507]

>>7547319
No, not just anybody usually. They won't give you shit if they don't think they can get at least the original investment back plus a little bit more, otherwise it's just not worth it. It's a business, after all.

The exception is when they know you won't pay and they'll "make an example" out of you. It keeps the other suckers from defaulting.

You also have to be a really, really desperate shithead. That's their customer base.

[Anonymous No.7547533]

>>7547486
imagine fomo'ing this hard, I cant

[Anonymous No.7547564]

>>7546824
>>7547152
Not even memeing, do this before you kill yourself. It's literally your only hope. I lost a bunch of BTC trading shitcoins and was able to make it all back and then some using high leverage on Bit mex. Don't do 100X, do 10-20X leverage and set a stop loss. You can make everything back in one day. If you're a burger just [redacted] up with a proxy. If you're going to do this though [redacted] up through my [redacted] as you'll get a 10% discount off the fees. [redacted] is in pic lel

[Anonymous No.7547626]

>>>7546230
>>John McAffee said...
>If he told you to eat shit, would you do it??

Well c'mon man, it's John McAffee..

[Anonymous No.7547680]

>>7547626
McAfee literally murdered an old guy for killing his dogs and also eats literal shit from his paid girlfriends.

Look it up.

[Anonymous No.7547732]

>>7546028
You need to get on an exchange where you can either long or short with leverage,

Once BTC bottoms, you need to long all of it on leverage. It's the only way you'll make up the losses, because this shit isn't going back to 16K again.


I'd aim for the 5.5K area. Use enough leverage to go really big, but only enough so that once you buy you can sit through a 2-3K dip before getting liquidated.

Legit advice man. You have no other options. If you're not a skilled trader, don't try to short. Just wait for the bear market to bottom out and max leverage long.

Don't goto cash first, just use the BTC as margin.

[Anonymous No.7547804]

>>7546028
This is actually a shop.
First click is never a mine.

[Anonymous No.7547814]

>>7546568
Yeah why not

[Anonymous No.7548028]

>>7547680
he also has gotten affidavits from every one who said that shit admitting they made it up in order to get money from showtime

[Anonymous No.7548073]

Cash out, go to a casino, and put it all on black

Literally higher chances than BTC ever recovering

[Anonymous No.7548221]

>>7546028
You borrowed money from the mob, to put it in highly speculative crypto position?

There is no advice we can really give you here I guess. Give them back the half, tell them what happened, and see if they kill you. You were going to an hero anyway, better to play the 50% odds they might let you live.