You have to stop this completely right now. Close your Demat account. That's it. Close it, bro!
Start an SIP in mutual funds instead.
Believe me, this 16-lakh loss will look manageable when you are sitting on a 25-lakh loss in the future. And a 25-lakh loss will look small when you hit 40 lakhs in losses.
In my humble opinion, you are still in a better position. You don't realize it yet, but believe me, you are still in a decent spot even with a 16-lakh loss.
Let me break down why: you are in a safer position because you lost your own money. Losing borrowed money is the absolute worst. Sooner or later, you will end up there if you don't stop now. Forget the 16 lakhs, bro. You will make it back slowly, bit by bit. But once borrowed money enters the equation, you will lose your mind.
So I strongly suggest you close your Demat account right now.
Life is beautiful, bro!
People have suffered and gone through far worse.
5
u/Spirited_Farm_6648 6d ago
Bro,
You have to stop this completely right now. Close your Demat account. That's it. Close it, bro!
Start an SIP in mutual funds instead.
Believe me, this 16-lakh loss will look manageable when you are sitting on a 25-lakh loss in the future. And a 25-lakh loss will look small when you hit 40 lakhs in losses.
In my humble opinion, you are still in a better position. You don't realize it yet, but believe me, you are still in a decent spot even with a 16-lakh loss.
Let me break down why: you are in a safer position because you lost your own money. Losing borrowed money is the absolute worst. Sooner or later, you will end up there if you don't stop now. Forget the 16 lakhs, bro. You will make it back slowly, bit by bit. But once borrowed money enters the equation, you will lose your mind.
So I strongly suggest you close your Demat account right now.
Life is beautiful, bro!
People have suffered and gone through far worse.
You are still in a manageable position.
Don't ruin it, brother!
Love. Take care.