[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

What's the worst loss you've made, /biz/? No need to

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 23
Thread images: 4

What's the worst loss you've made, /biz/? No need to go into too much detail.

Mine was putting a year and $25,000 of my own savings into a business that ended up making basically nothing. Really good learning experience, though. Learned a lot about maintaining a large software project and prioritizing things (mostly through lots of little failures).
>>
i lost like $400 of my profits on ETC after i got greedy and bought in at 42

But thats the name of the game
>>
>>1455869
about 6 months ago i put money into DUST, roughly $3000 worth


DUST is a gold mining shorting etf. Aka- the more gold goes down in price the more the etf is worth


i havent sold it cause its so low right now there would be no point. the shares i have are worth like $180 at this point. A $2800 loss
>>
File: fs.jpg (97KB, 850x565px) Image search: [Google]
fs.jpg
97KB, 850x565px
>>1455869
I bought MGT

thought McAfee is some software wizard, unfortunately I read about him after going in. Fucking crackhead lost me $10k
>>
>>1455869
blowing 2400 on amazon
i was a cuck so no one can blame me
>>
File: 1471645321189.gif (2MB, 360x213px) Image search: [Google]
1471645321189.gif
2MB, 360x213px
>>1455896
>DUST is a gold mining shorting etf. Aka- the more gold goes down in price the more the etf is worth
Why would you ever invest against gold
>>
File: image.jpg (23KB, 262x300px) Image search: [Google]
image.jpg
23KB, 262x300px
>>1456614
Why would you ever bet against the housing market?
>>
>>1455873
Same, lost €150 on ETC.

Only started doing stock/crypto stuff around December so haven't lost much and am ever so slightly in the green.
>>
>>1456614
cause for the last 10 years the price of gold was steadily declining
>>
>>1456506
McAfee didn't lose you anything lmao. You lost it yourself.
>>
>>1456620
Is that what you looked like when you lost all your money?
>>
>>1455869

$50k in student loan debt. I would do anything to go back in time and pick a trade instead of college.
>>
>>1456506

What'd you buy it at? If you had just waited it went back up and will go back up again.
>>
I lost ten years being a musician.
>>
Breitburn

Bad times.
>>
>>1457068

the price of gold doesn't really change,

the value of currency changes in relation to gold.
>>
>>1457096

I just paid off the last of my student loan a few weeks ago. Feels amazing. My kids are going straight into trades
>>
>>1457802
Baited by dividend?
>>
Bought $30k worth of ProShares UltraShort Real Estate (SRS) shares in 2008.
>>
I fell for the ETC meme and bought ~50 btc worth when it was at 56
>>
>>1455869
What kind of software were you attempting to build ? Did you fail because it had no real use or because the management was messy ? or ... ?
>>
£200 / 100% loss on LOIL a leveraged WTI ETF.

A slow death by time decay. Lesson learned.
>>
>>1455896
Made 7000 euro on going long on gold about the same time period. Your loss is my win famalam dingdong
Thread posts: 23
Thread images: 4


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.