Hey guys! I've been on Steemit for about 2 weeks, after discovering it from my crypto trading and really haven't discovered a use for it, personally. However, today something terrible happened and I didn't know where else to go, so here's my story Steemit!
So, I started trading in cryptos about a month ago, started with about 1100 AUD which is around 860USD (money I've saved from my birthdays and Christmas and stuff) , at the time i could buy 0.183bitcoins (after fees).
Since then I've been trading and doing quite well and today I ended up with around 0.33bitcoins which i planned to store on freebitco.in to earn interest while I shift my focus to studying for exams.
However, as the greedy type of person I am I decided to give my luck a try. I put in an amount and decided each time i lose, i'll double the betting amount. If i started at 0.01BTCs, I calculated it was around a 5% chance of losing enough times in a row to lose all my money. I started betting and less than 15 seconds later, all gone.
Completely in shock I panicked and bet the remaining bitcoins I had (around 0.04) and lost all of them too.
My whole month's worth of hard work and years of birthday money gone in less than 15 seconds.
I feel so stupid yet I know this is completely my fault and nothing can bring my money back but I guess this is a life long lesson; never gamble what you can't afford to lose.
I don't know what I'm going to tell my parents yet LOL
If anyone out there is thinking about doing something stupid like this, think twice.
I'm sure many others would have similar stories, feel free to share them in the comments :)
PS: I know this is a long shot and people might look down on me for this but I honestly don't know what to do anymore so below if my bitcoin address, if you're feeling particularly generous, consider donating something, anything haha. If you'd like your bitcoins back someday, feel free to leave a bitcoin address and the amount you sent and I'll endeavor to return them to you someday.
Thank you
19PV737Qf1U2dTs3cWEqombfrFGqRKmyKR
Welcome to the community!
Wellcome to the community!
Dam that's sad... However, doubling your money everytime you lose has actually proven to be the worst logically spoken reasonable strategy. If you keep soubling, you'll eventually lose and the wins are minimal each time you do win.
I tried it too, just for the lolz, with 30k satoshi on freebitco.in too. I turned it into 600k satoshi at its peak, but then lost 512k in 1 shot and the rest only seconds later. Luckily, that was only $5 at the time, so not a horror story like your's which involves over a thousand dollars worth of bitcoin.
I wish you great luck on here though, as it's definitely possible to earn all that money back and beyond.
yeahhh i get the LOL but was planning to do that only once, i'm not the gambling type usually
however, that one and only one time i did it i managed to lose everything haha
cheers for the response though, everything in life is just a lesson is what i tell myself to feel less sad hahaha
bro you lost all the 5 dollars you put in the last time you gambled why would you do this shit again ??
sent you 0.0001BTC btw HAHA
you can keep it xd
Yeahhh never gambling again I swear for real this time.
I appreciate your 40 cents worth of bitcions tho HAHA
Also, reply your facebook messages bro, I messaged you an hour ago lol
AHAHAHA ARE YOU BLIND?
I literally replied like 2 minutes after you sent the message haha
oh shit you did HAHA
(it was 4 minutes btw)
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
Nice to meet you, @cryptoeater! Welcome to the Steemit Community, wish you good luck and a good start, ive send you a small tip and followed you, hope you have an amazing day! :)
A new Steemian :-) hello @cryptoteater I hope you enjoy your time here, its a great community ! Nice post, wish you much luck! I will follow your account. Don't hesitate to contact or follow me at any time :-) See you around @tradewonk