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What to do after a failed investment.

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@monica-ene
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2 min read

Hello Hive.

Nobody wants to make a loss in any business they venture into, be it crypto or otherwise.
It is really unfortunate to see people loss money in any business. Loss is unavoidable but can be minimised while alot of people have found a way to cut down loss, everyone devise a strategy that works for him, but has everyone been able to successfully achieve this?.

There is a kind of loss one can recover from, but others come as a shock that without enough emotional strength an individual can loss their mental stability, such as the case we have experienced with Luna.

My heart goes out to those who have lost funds, especially a dear friend of mine who invested all his life savings barely few month into Luna project before this crash.

Experiences like this make people to loss faith in cryptocurrency, nevertheless I blame him for not letting me know about his moves, hive would have been a better investment for him.

Am fortunate to have some friends around here and sometimes I tell them about my moves regarding a particular project before I invest. Robbing minds together is really helpful with certain decisions.

What to do after a failed investment

Have you been a victim of failed investment before, how did you overcome it?

Having multiple source of investment can be a saving grace, when one bag is empty I look forward to some compensation from the other bag.

But its unfortunate that some people prefer to go all in on a single token/project with all their capital such that when the project crashes, all their live earning go down the drain.

Having multiple investment can help you get over a loss sooner.

Am not sure if the Terra (Luna) company are doing anything for investors but you can at least help yourself.
It wont be good to remain in the mud after such a fall.
Dust yourself up, get over it and plan to start afresh.

Think of other opportunities and especially have with numerous doors.
You can start here and small as well besides you get better information and mingle with other crypto minded persons.

Thanks for stopping by

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