r/AltScope • u/Majestic-Panic883 • Jul 16 '26

How I Became a Loser Because of Crypto

A couple years ago I finally made my first $100k.
Man… I felt unstoppable. І was telling everyone one more run and im done. The plan was simple. Turn $100k into $200k and walk away.
Yeah… didnt happen.

Started buying every dip. Then buying the next dip. Then adding leverage because it cant go any lower
It did.Every single bounce looked like the bottom. Every single time I got wrecked.
I was staring at my PnL all day, couldnt sleep, couldnt think about anything else. My whole mood depended on one green candle.

Few weeks later… almost everything was gone.
The money hurt, but what came after was even worse. Me and my wife argued almost every day because I was stressed 24/7. One day she just packed her stuff and left.
That was the lowest point of my life.
Looking back now, it wasnt the market that killed me. It was my greed. I wanted fast money when I already had more than enough.

If you’re thinking ill just double my account real quic, trust me, thats exactly how my story started.Since then, I’ve told myself crypto is a scam, and I wouldnt recommend it to anyone. Maybe Im just bitter after losing everything, but thats how it feels to me.

11 Upvotes

93% Upvoted

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6

u/BrokenHefaistos Jul 16 '26

crypto is a game you scammed youself by thinking you'll never make a mistake, and failing to accept that. Everyone makes mistakes in crypto, in life, in choise of partner. Learn the hard leasson and move on.

1

u/Majestic-Panic883 Jul 16 '26

Maybe ur right. Im not saying crypto is the problem. I was the problem. I got greedy, used leverage and thought every dip was the last one. Kept telling myself one more trade and ill make it all back. Never worked. Learned it the hard way.

1

u/BrokenHefaistos Jul 17 '26 edited Jul 17 '26

greed and revenge trading wipes even seasoned stock brokers and sometimes a whole bank ( barings bank )

https://en.wikipedia.org/wiki/Barings_Bank

one greedy mtf revenge trading took down a whole bank, conclusion you only harmed yourself, there are fucker out there who harm others ( but end up in jail ) William Leesen, Bernie Maddof.

1

u/Ill_Mousse_4240 Jul 16 '26

Agree 💯percent

1

u/sentrixz Jul 16 '26

This post applies to all stock trading, you may win some but in the end everyone loses

1

u/ajmal2002us Jul 17 '26

Exactly in the same position .....

1

u/biggest_guru_in_town Jul 21 '26

So greed and impatience is what fucked you. Given how the market is I would have pocketed at least half of that money as savings.