What were your worst investments?

[thechaoz]

Expensive lesson but I got over it

Was around 2004.

I can still recall the feeling the day I found out though. Ugh.

What was the type of business? Just curious that's all. Be vague if you must

[Alfa1234]

Life savings that went into buying garden furniture stock for my 3 shops.

In the process of moving it from 1 rented warehouse to another that we just purchased (this took weeks), 90% done when the new warehouse burned down. Due to the move, impossible to prove exactly how much was moved to the new warehouse and how much wasn't. Big insurance issues because of that. Went bankrupt 1 year later before insurance paid...still have not seen that money back as curators refused to go through a lenghty and expensive legal battle.

[jjgold]

Crypto

[chico2663]

For me:


-Cryptocurrency

-Fannie Mae and Freddie Mac stocks

-Tailing fudgyb

Some of the worst investments I have made have been from reading gambling forums. Take it from me, do not tail posters on gambling forums about ANYTHING. If you have to do something, fade or go contrarian to what is being discussed. I'm not saying posters are out to mislead you, although there are some that are, but if it's popular with a bunch of gamblers then contrarian will probably profitable.

Bought trump stock back in the day. Went from 7.00 to nothing in the drop of a hat. Now you know why i'm not a fan

[triplecrown333]

delete...

[Optional]

What was the type of business? Just curious that's all. Be vague if you must

Network of traffic sites earning adult site affiliate income. One of the bigger networks and better performers in the industry at the time.

Sold out at the top of the market too. Just as end user broadband and hosting bandwidth costs dropping were starting to make sites like redtube workable. And they killed the profitability of the industry big time within a few years.

Just got too smart/greedy with the funds.

That is pretty much the reason I never committed money toward bitcoin investing too. Am still burnt about get rich quick schemes, which the Vanuatu fund was, in hindsight.

[HurryUpAndDrink]

Crypto

Suckers got in last year at peak prices and now suffering the consequences...

I told a friend a while ago, when you see everybody and their mothers buying and talking btc... you know is kinda time to kinda get out...

Now that the frenzy and the hype are setting down we'll probably see a further deep to 5k in btc, thats when Ill rebuy again like crazy, cause now that the dust settled and many bought high and sold low... many technology improvements and advances will take the crypto world by a storm. Security tokens are gonna be a big deal. Utility tokens as well.

There are literally DOZENS of FREE token airdrops monthly that anyone can claim just by supporting their channels and projects by signing up/following up social media. Nobody is talking about this... nobody knows much about this... I have already signed up to at least 30 airdrops in a month I have working with my new employers.

[thechaoz]

Network of traffic sites earning adult site affiliate income. One of the bigger networks and better performers in the industry at the time.

Sold out at the top of the market too. Just as end user broadband and hosting bandwidth costs dropping were starting to make sites like redtube workable. And they killed the profitability of the industry big time within a few years.

Just got too smart/greedy with the funds.

That is pretty much the reason I never committed money toward bitcoin investing too. Am still burnt about get rich quick schemes, which the Vanuatu fund was, in hindsight.

Live and learn bud!

[grease lightnin]

Embarrassed to admit it but I own a small amount of Iraqi Dinar, a.k.a. toilet paper

[Crusherrr]

College.

[mikejamm]

"Yeah, I bought some fake $10,000 stacks off the internet and then posted a video on SBR showing them and lying my ass off to reputable posters and got all those suckers to believe I was big time!"

"And when several posters called me out on it, I still continued to be a fuk'in piece of shit liar! Yep, I'm big time fraud willy and I post fake videos cause I'm really just a loser broke dik fuk!"


Bad investment you made there huh, willyfraud! Still wait'in on that next video asshole!

[Optional]

Embarrassed to admit it but I own a small amount of Iraqi Dinar, a.k.a. toilet paper

Awesome!!! I forgot about that one.

Might end up being worth something one day as a funny collectable!

[grease lightnin]

Awesome!!! I forgot about that one.

Might end up being worth something one day as a funny collectable!

It is my wife’s perpetual trump card

[compaqDikk]

worst investment ever was spending 75 bucks on JJ's 1980s porn collection he had stashed in his uncles attic

[sweethook]

my first shrimp boat , was full of holes

[bonzaii]

Online Casino Gambling.

[JIBBBY]

Online Casino Gambling.

Online casino slot play you mean... Win big once early on and then you get hooked.. All down hill after that...

At some point when your bank roll magically disappears you then remember online casino slot play is in business to make money and not you..

Spin away my friends. Worse then crack cocaine..