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/biz/ - Business & Finance


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File: 27 KB, 450x320, stock-photo-a-businessman-with-a-handgun-committing-suicide.jpg [View same] [iqdb] [saucenao] [google]
7224665 No.7224665 [Reply] [Original]

It did not go well...She found out that I took out money from our savings to trade bitcoin... with leverage. I fucked up guys. I FUCKED UP... I am -$34,000 in the red today thanks to a margin call. Wife has taken our kids and gone to her mothers. I'm now alone in the house drinking myself to death and I have no idea on how I'm going to pay my debts. Also if I don't keep up with this month's mortgage payments our Bank is going to repossess our house and kick us out. I'm fucking finished. I thought I could make it but fate fucked me over in the end. Just spoke to suicide hotline a few moments ago but the cucks just told me to "calm down" and instilled false sense of hope that "it will get better". Fucking killing myself tonight.

>> No.7224703

Why did you tell her?

>> No.7224722

>>7224665
>Fucking killing myself tonight.
Post dick pics on 4chan first.

>> No.7224726
File: 62 KB, 555x555, 1514330496462.png [View same] [iqdb] [saucenao] [google]
7224726

>>7224703
this

>> No.7224746

You need to calm down, make a financial recovery plan and move forward. Killing yourself is worse than weak hands. Plus crypto always comes back. Use what you’ve learned to reclaim your life.

>> No.7224749

You're going to be fine as long as you hold, moron. Crypto will do at least 2x this year.

>> No.7224758 [DELETED] 

I can lend you 40 k. But what would be in it for me?

>> No.7224775

>>7224665
Can you try get my coins back from Bittrex before you die?

>> No.7224810 [DELETED] 

also. thats pretty sleezy that you sneaked around money without YOUR WIFE'S permission.

>> No.7224812

You can't kill yourself, you selfish bastard. There's no getting out of this that easy. You have children you are responsible for. How would you feel if your dad killed himself and you grew up without one because he was too cowardly to face his problems?

>> No.7224821

>>7224665
why the fuck would you trade bitcoin? thats like investing in AOL instead of Google 10 years ago

>> No.7224858

>>7224703
>>7224726

My face was red and I was sweating like a dog after today's bloodbath. I couldn't hide it at the dinner table and then she demanded to know what was wrong.

>> No.7224884

>>7224665
You think thats bad? Im 70k in debt. I literally took out a 40k loan and bought ETH at 300usd. I also got liquidated to 3k, made back the money to 30k to only be liquidated to 300usd. I now have to sell my house, car etc. I think about suicide every fucking day. Nobody knows about this.

>> No.7224892

I owe 60k from right now on a loan and my btc is only worth 20k. that's if it doesnt tank again. my wife said i'm the dumbest person she ever met and wont talk to me. she also quit her job just to spite me in hopes that i lose everything. sad part is i'm not even larping.

>> No.7224913

>>7224665
34,000 is nothing as far as debt goes. Open a food truck. You'll make it all back.

>> No.7224944

OP is larping a scene from Boiler Room.

>> No.7224963

>>7224665
this gotta be larp

>> No.7224984
File: 23 KB, 480x360, 1516167095098.jpg [View same] [iqdb] [saucenao] [google]
7224984

>>7224858
You don't deserve your family if you margin trade with money you can't afford to lose

>>7224884
Stupid retard faggot

You should have been ready to lose it all making dumb fucking bets on an unregulated market hahahahahha

>> No.7224987

>>7224884
if you bought eth at 300 how are you not up like 3-4x your investment?

>> No.7225056

>>7224665
You Just can't do It if you have Kids, fight for them, leave the alchol take the bicycle and ride till you'll find out what to do

>> No.7225094

>>7224987
You have no idea how I feel. I had around 150eth. I won't mention the trade as I dont want to dox myself. But, I got liquidated on finex with this trade and was left with 3k. I turned that 3k into 30k. Sweet, right? Only, decembers flash crash destroyed my acc to 300. Each month the bills are coming out and I've run out of cash. Nobody knows, I have to sell everything. Even then, I wont be able to pay back the loan.

>> No.7225113

>>7224665
>take out life insurance policy
>continue to drink self to death
>????
>profit!

>> No.7225114

If she left you over money, you dodged a bullet. Get a divorce, hold your crypto.

>> No.7225128

>>7224987
And yeah, had I not been liquidated I would be so fucking rich right now. Instead, I can't do anything, go anywhere...at this point I realise how much money matters.

>> No.7225137

>>7224892
>she also quit her job just to spite me in hopes that i lose everything.
You have to have earned that spite, this is so many keks it hurts.

>> No.7225166
File: 61 KB, 480x521, 1407108360584.jpg [View same] [iqdb] [saucenao] [google]
7225166

>>7224665
>price goes down
>retards who overleverage freak the fuck out and withdraw while thinking of their wives and children who will hate them and call them stupid

you mother fuckers are the reason for the crash

this is why you don't put in more than you're willing to lose.

i literally have a 30k loan against my 401k and 4.5k in crypto so i guess technically speaking i did the dumbest thing one can do (other than a mortgage), but i'm still up 2x and honestly, i'm at a level i don't care if i lose it all so idgaf....but fuck you guys, seriously

>> No.7225184

>>7224892
Your wife sounds like a bitch.

>> No.7225254

>>7225056

Im a bad father. They don't deserve me. My death would better for them. There is no realistic way short of begging on the streets for me to get out of this hole

>> No.7225258

>>7224913
Open a good truck with what money you turbo Autist. Like it's that easy, just buy a good truck from the store. And Mexican workers will already be installed inside. And you won't have any competition

>> No.7225302

>>7225094
wtf. How do you even...

>> No.7225311

>>7225114
so if you worked your ass off and your wife fucked up and got y'all in massive debt due to retarded short-sighted investing, you wouldn't consider leaving?

>>7225254
why are you such a faggot? you know it could go back up, right?

>> No.7225330

>>7224665
dude, people got back up in their life from much worse than this; you'll be fine eventually, you just have to pull through, life will always find a way... you won't regret this 5 years later when you're alive

>> No.7225369

>>7224858
>Pink Wojack irl

>> No.7225380

>>7224665
fucking idiot gambling with money you cant afford to lose AND having dependents. this repeats itself time and time again and people never learn. desu you deserve it. hope things work out tho

>> No.7225484

LOL. Life is a roller coaster my friend. Sounds cliché, but you will have more money than you ever had soon. You will never know how, but you will 100% I promise

>> No.7225514

>>7225302
A few days before ETH broke out of the 300 range was the day i got liquidated. Imagine hodling eth @ 300 range for months, paying back the loan...thinking 'i know this is going to moon' ....but i also had a long position that was under water......I was pissed. And ETH started breaking out. But all my ETH were gone.

>> No.7225528

>>7225311
>you wouldn't consider leaving?

First of all, I wouldn't have a wife unless she was worth loving.

Second, I wouldn't leave her if she made a mistake and lost us money, but I would certainly tell her she can't have any control over our money for a long while. If she refused to give up control, THEN I would probably leave her.

>> No.7225540

>>7225254
Every kid would suffer for the death of the father, they Need you. You have to clear your mind, let the moment pass, and then work harder to get the money in order... Sometimes the emotions don't let you see the things the right way

>> No.7225564

>>7225514
>>7225514
And not to mention ETH is headed way higher. Thinking 8k.

>> No.7225608

do you have money left? I lost 90% of my stack 3 times already but made it back

>> No.7225657

you wife is a piece of shit

dont take her back when you're rich

>> No.7225678

34,000 will be a short memory in the past. 34 million isnt even worth taking your life. It will get better. You do need to calm down, stop boozing for a bit and come up with multiple plans.

Lesson learned. Move on.

>> No.7225712

>>7224665
weak larp.

Kill yourself anyway.

>> No.7225713

>>7224665
Don't forget the taxes you'll owe.

>> No.7225718

>>7224665
the worst thing you could do right now is break up your family in a time they need you the most. dont make a bad decision worse. it's just money. money comes and goes but not life. don't act impulsively

>> No.7225737

>>7224749
This. I feel nothing right now even though half my portfolio has been destroyed

>> No.7225771

>>7225528
agree, but if she fucked up on this level, would at least have to make sure she knows you mean business so she never does it again.

couples need to agree on the amount before doing this shit. can't just take out a fucking mortgage and hope to become the hero for selfish reasons. any spouse who does that, will keep doing it until they fuck up.

>> No.7225798

i lost 650k margin trading in the december crash... you win some you lose some

>> No.7225814
File: 71 KB, 718x1024, B6F62D2B-1A8E-4D0E-AD81-0D383381EBE0.jpg [View same] [iqdb] [saucenao] [google]
7225814

>>7224892
NO PERSON WOULD REALISTICALLY ACT LIKE THAT

Fucking Jesus you’re terrible at this you attention whore.

“You’re a retarded fuck so I’m gonna quit my job and leave you”

It makes no sense, you need larp practice

>> No.7225883

>>7225254
Begging in the streets would be really slow you teenage larp

No one believes you. Go to school

>> No.7225932

>>7225737
you HAVE to only have what you are willing to lose and you have to accept it.

during Jan's bull rush, I put in a little short-term "side-pot" that made me a nice 50% return and then i lost that and freaked out. it wasn't that significant, but having more money on the ledger than you're prepared to see disappear is a huge psychological mind-fuck and will cause you to make dumb decisions like selling low to cut losses even when your gut is telling you it'll probably go back up.

>>7225814
he might be larping but it's not illogical. if you're working and your spouse loses your money gambling, it sucks. then when you separate if you split assets 50/50 you're earning toward that asset pool at your job for money that after taxes and divorce you'll see like 30% of. it's not worth it.

>> No.7225971

>>7225814
that pic is really fucking disgusting tho. good job making me feel like a normie.

>> No.7225979

Larp the magic larper lived by the larp
And larped in the autumn larp in land called Larpalee

>> No.7225991

>>7224665
If not larping it does get better, just don't be a fucking retard and spend money you can't afford to lose.

>> No.7226128

THIS LARPING IS JUST DISGUISED FUD. BUY BUY BUY THIS MARKET IS ABOUT TO GO TO THE MOON

>> No.7226252

>>7224665
fate didn't fuck you over, your own inherent character flaws did, take ownership, put down the bottle and sort your shit out numbnuts.

you clearly have issues in your decision making process, are unsatisfied with your life (hence the risky gambling with margin) and you clearly have issues with your wife seeing as you did this all behind her back,
sort your shit out

>> No.7226331

>>7224665
>Loosing more than you can afford

I don't feel sympathy for you

>> No.7226339

>>7224749
>>7225737
>>7225932

he said he's down thanks to a margin call, that means you used leverage and you are playing with other peoples money and you lost enough that the exchanged force liquidation of your position and took all your money because your losses reached the value of your available equity.
his position closed, and all his available equity was taken, the only way to make it back is to put more in. fuck man you people are idiots some times

>> No.7226432

>another retard gets scammed by leverage

>> No.7226462

>>7224665
Suicide lines can't do really much more than just keep talking to you saying:
>It will be alright
>You will get trough it

Like what do you expect them to do? Come to your house with a big bag of money?

>> No.7226490

Look at the bright side OP, when your wife divorces you she won't get the house

>> No.7226526

>>7224665

>fate fucked me over
>implying

>> No.7226687

>>7224665
Bro, I'm sorry you are under stress and sad right now, and hear me out: even if you lose everything, you are still alive. You can help others and be of service. You can grow and learn from this and brush the dust off yourself. If you kill yourself, you're throwing away the gift of life... over money. Sure your wife is pissed, she deserves to be. But think of your kids man... What do you do when you fall off the horse, get back on. You got this bro. Seriously, just chill out and think about what you have. Even if you have to work minimum wage for the rest of your life, it's still a gift of life you have. Heal and grow. Peace.

>> No.7226862

>>7224665
>wife has left and taken the kids
>implying this is a bad thing
Shoulda signed a prenup niqqa

>> No.7226916
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7226916

>>7226687

>> No.7226928

>>7225258
With a truck you go where the money is. Colleges, business park, it's free real estate. Food makes money because people like to eat. You can always act like a Mexican anyway.

>> No.7226966
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7226966

>> No.7227033

>>7225814
wtf is this pic even?
I'm bdsm guy and this is still digusting even for me.

>> No.7227083

just invest in DOGE

>> No.7227416

Bruh before u kill urself send your bitcoin here please: 3NZHR5a8rm1S4XYEZiiqM8MELgnJsbn3Cx

>> No.7227504
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7227504

>>7224665
>I make terrible financial decisions and am assmad about it
Oh hey babe so it's not a big deal or anything but I took money out of our retirement savings to invest in literally the most volatile commodity on the planet haha. Retard.

>> No.7227555

>>7225932
Unlike many men women will put the kids first (honestly I believe it’s Virtue signaling half the time) She would not quit her job. She’d be the stronk hero.

>> No.7227661
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7227661

>>7227033
>2018
>Not having a(some) sensory deprived amputee breeding pod(s) to breed your progeny.

>> No.7227792

>>7225369
underrated

>> No.7227826

>>7225814
>f you're frightened of dying and... and you're holding on, you'll see devils tearing your life away. But if you've made your peace, then the devils are really angels, freeing you from the earth.

>> No.7227948

>>7224665
do it faggot

>> No.7228015

>>7227555
meh, do that later, after the settlement

>>7226339
sorry, i deserved this. i skimmed and didn't understand what forced liquidation was--should've looked it up

>> No.7228055

This pasta is stale

>> No.7228112

>>7224665
Nice coordinated larp

>>7227801

>> No.7228142

>>7224812
This. my dad self-terminated a few years after my parents got divorced. it does a lot of damage to the people that are still alive.

>> No.7228197

>>7228112
>>7227333

>> No.7228209

>>7224665
credit card scams? drug sellinig? smuggling? You still got plenty of options to make quick cash before you die.

>> No.7228292
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7228292

>wife took the kids
>Alone a drinking to death

Probably a larp but if not
Where's your balls man?
Did you not hear me telling you that BTC will reverse back to $7k??!

Don't bro. Big brother is to take care of you again.
Pic related

>> No.7228439
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7228439

>>7225814
>calls anon an attention whore
>reddit spacing out the ass
>edgy pic for no reason

really activates the almonds

>> No.7228471
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7228471

>>7224665
You go girl

>> No.7228519
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7228519

>>7224665
your wifes going to fuck a pack of niggers tonight and your whining on a cambodian glove making forum?

>> No.7228657

>>7224665
Congrats. I told my wife about Bitcoin in 2016. We're at a hospital right now. She gave birth to our 3rd child a few hours ago. We're planning to get at least one more because we have the space thanks to our cashed out crypto gains

>> No.7228659

>>7224665
>Fatty and small 30yo guy
>No familly
>Small dick
>All my previous GF cheated on me
>I've fell in love with a girl for the first time in my life
>She doesn't want my love
>I hate my job
>I lost 80% of my portfolio
>See red wojacks all days on /biz/
>I'm tired about all of this
>I shot all my 9mms last week at shoot range with my old beretta
>I found the last 9mm bullet in my cartridge collection
>I loaded my handgun
>I put the gun on my stupid brainlet head
>I took a long and last breathe. Then I closed my eyes and I screamed
>I pressed the trigger
>I just heard CLIC
>I pressed again
>CLIC again
>My last bullet was defective
>Even the Death doen't want me. I failed to kms OMG
>I ran to my favorite gunsmith and sold that shit
>I just have to HODL now

>> No.7229043
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7229043

>>7228659

>> No.7230169
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7230169

>>7228659
/r9k/ is leaking again
This is OUR board now, us NuPepes and Nujacks. Shoo Shoo Stinky NEETie

>> No.7230250
File: 23 KB, 439x290, 1517538082664.jpg [View same] [iqdb] [saucenao] [google]
7230250

>>7224749
>Hold your bitcoins
Crypto is done, you should do like my name says OP.

>> No.7230268

>>7224749
He got liquidated bro

>> No.7230281

>>7224884
I know it is fake but hahahhahaha.
What a stupid moron.

>> No.7230527

>>7225166
>Loan on 401K for btc
Yeah, really stupid.

>> No.7230534

>>7224665
Go on a canoeing trip, take a bunch of oxycottons and right as you're about to pass out, roll into the water, you'll drown and it will look like an accident. That way your family can get the life insurance money and you'll at least have redeemed yourself.

>> No.7230612

>>7224665
Serves you right. Money is replacable. Don't be an even bigger retard.

>> No.7230667

>>7228659
Mostly the same here...except I didn't buy crypto like a moran

>> No.7230698
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7230698

>Also if I don't keep up with this month's mortgage payments our Bank is going to repossess our house and kick us out.
Implying that a foreclosure happens that rapidly

>> No.7230948

>>7224665
It's not a loss until you take it. I still have $24,000 of Enron stock. Tried to get a loan on it. Fucking banker told me to GTFO, I said, "Fuck you, it's not a loss until I take it, mofo!!

>> No.7231054
File: 129 KB, 551x720, ohlookitsthisassholeagain.jpg [View same] [iqdb] [saucenao] [google]
7231054

>oh boy, this pasta again
Because if there's one thing we needed today, it was to read this dumb bait 10 times

>> No.7231087

>>7230527
>Yeah, really stupid.
nah, not really. If you'll read, my seed money is a tiny % of my overall debt. It's not going to break me.

I had been eyeing it for a while in early 2017, and kicking myself for not getting in but not being able to justify it while holding debt. Finally justified it by putting in a gift my grandfather had given me of $1500 instead of just using that to pay debt. it's served me well.

>> No.7231408

>>7224665
Imagine a world where jew bankers didn’t own you in a life of wage slavery. You are nearly there, anon. It’s not until you lose everything that you realise there are only two stores of value in this world: family, and your own inner peace. Fuck the bank. Fuck the house. Your wife and kids have a roof (her mother), now all you need to do is stop caring about this pointless bullshit “mortage”. Let go of your attachment to possessions, and try living while you’re alive. What are you holding? Imagine killing yourself over money, then watching as a ghost while your alts moon and make your hard drive rich. Ridiculous.

>> No.7231429

>>7224665
I went into crypto with $30 and now it's worth a couple grand. I literally don't care what the market is doing, I'm still holding the same coins.

You people going into debt and freaking out, risking your financial security on leveraged crypto trading are fucking stupid. You don't deserve to make it if you're going to be so flippant with your money, especially when you have a family that relies on you. Did you really think it'd be that easy? That you're so much smarter than everyone else, that you could magically become wealthy by trading BTC with leverage in such an unpredictable market? You could have gotten lucky, sure, bit that's called GAMBLING YOU STUPID FUCK.

Get your shit together, write this down as a life lesson, apologize to your family, and work hard to make up the difference.

And no, trading crypto is not "working hard". Pickup an extra job, invest only tiny amounts in crypto, and don't day trade like a stupid faggot. Never invest more than you can afford to lose, and only buy coins that you actually believe in.

>> No.7231547

>>7224665
if she gone airbnb the rooms

>> No.7231708

>>7224665
bye. While you are at it. kill your genetic pool as well. Leverage losers do not deserve to bread.

>> No.7231801

>>7224665

Sounds like you're not into working hard at anything.

> margin trading savings
> easy money (potential)
> kys
> easy way through (out of) life

just man up and do hard work faggot.

>> No.7231832
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7231832

>>7225380
>hope things work out tho

>> No.7231900

>>7224665
bad larp too overly dramatic, 3/10

>> No.7232305

and this is why "accredited investor" is a thing. When faggot retards get into gambling debt its all well and good, but when its got something to do with finance its suddenly the jews, the big bad banks, ((them)) and all of that retarded shit. I hope you don't take the easy route out faggot and your kids gradually grow to hate their retard father partially fueled by your wife's resentment.