What were your worst investments?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • dlowilly
    SBR Posting Legend
    • 11-09-16
    • 13862

    #1
    What were your worst investments?
    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.
  • tony_come
    SBR Posting Legend
    • 03-31-10
    • 21695

    #2
    Raptors tonight
    Comment
    • dlowilly
      SBR Posting Legend
      • 11-09-16
      • 13862

      #3
      Originally posted by tony_come
      Raptors tonight
      I mean besides a specific game
      Comment
      • cincinnatikid513
        SBR Aristocracy
        • 11-23-17
        • 45360

        #4
        sending bitcoin to tony instead keeping it and watching it win win win win win
        Comment
        • tony_come
          SBR Posting Legend
          • 03-31-10
          • 21695

          #5
          Getting married
          Comment
          • BIGDAY
            SBR Aristocracy
            • 02-17-10
            • 48245

            #6
            Originally posted by tony_come
            Getting married
            Oh Fawwwwk...
            Comment
            • JIBBBY
              SBR Aristocracy
              • 12-10-09
              • 83686

              #7
              Penny stock trading.. Lost 30 grand years ago and gave it up.. I gave it a go and failed miserably..

              Playing 21 black jack drunk on the tables all night long with only 100 dollar black chips in Vegas was a close 2nd..

              Live and learn...
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 61641

                #8
                I sold an online business to a French company and had them deposit most of the funds directly into an investment scheme in Vanuatu... to avoid tax on it basically.

                Karma bitch slapped me for that. Dodgy scheme was shut down and all funds seized for laundering money for a criminal bikie gang in Australia.

                I went from being setup for life to in trouble within about 4 months. Heartbreaker of a time. And took me years to just get back to normality afterward.
                .
                Comment
                • pilebuck13
                  SBR Posting Legend
                  • 05-15-15
                  • 17918

                  #9
                  Yah sports betting
                  Comment
                  • pilebuck13
                    SBR Posting Legend
                    • 05-15-15
                    • 17918

                    #10
                    Originally posted by Optional
                    I sold an online business to a French company and had them deposit most of the funds directly into an investment scheme in Vanuatu... to avoid tax on it basically.

                    Karma bitch slapped me for that. Dodgy scheme was shut down and all funds seized for laundering money for a criminal bikie gang in Australia.

                    I went from being setup for life to in trouble within about 4 months. Heartbreaker of a time. And took me years to just get back to normality afterward.
                    Jesus man I’m sorry
                    Comment
                    • pilebuck13
                      SBR Posting Legend
                      • 05-15-15
                      • 17918

                      #11
                      San Antonio Washington over
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61641

                        #12
                        Originally posted by pilebuck13
                        Jesus man I’m sorry
                        Expensive lesson but I got over it

                        Was around 2004.

                        I can still recall the feeling the day I found out though. Ugh.
                        .
                        Comment
                        • Fidel_CashFlow
                          SBR Aristocracy
                          • 12-03-12
                          • 53970

                          #13
                          Ouch Opti

                          I warned people about bitcoin

                          If you can’t see it and tangibly touch it with your hands , then it’s just a mirage
                          Comment
                          • JIBBBY
                            SBR Aristocracy
                            • 12-10-09
                            • 83686

                            #14
                            I remember I paid thousands for bulk top of the line laptop computers back in the day and got scammed on Ebay... It was a brilliant scam, they had all the angles covered.. I never saw it coming..

                            The criminals were in Italy and I got taken for a ride. I did everything by the book too... I paid and got nothing in return.. Couldn't recover the funds as Ebay was still in the fraud learning process...

                            That stung as I was trying to build up my bank roll at that time early on in life... I was pissed and called the Feds, I was blasting Ebay and they could do nothing.. Long story on how that scam played out...
                            Comment
                            • shari91
                              BARRELED IN @ SBR!
                              • 02-23-10
                              • 32661

                              #15
                              Originally posted by Fidel_CashFlow
                              Ouch Opti

                              I warned people about bitcoin

                              If you can’t see it and tangibly touch it with your hands , then it’s just a mirage
                              You definitely did. And it's because of a few of you on here that I took my BTP winnings straight out after I received them instead of holding on to the bitcoins as many were saying to do. I regretted cashing out so quickly last year and worried that I would this year as well, but I'm glad I stuck to my guns or I'd be pissed now!
                              Comment
                              • Andy117
                                SBR Hall of Famer
                                • 02-07-10
                                • 9511

                                #16
                                My first house, we bought high and sold low.
                                Comment
                                • magaman
                                  SBR MVP
                                  • 01-17-18
                                  • 1937

                                  #17
                                  Bitcoin is still an infant of an investment... so many of you don't get it.

                                  Perfect... it takes 10x skeptics so that some can get rich. Keep selling bitcoin
                                  Comment
                                  • Fidel_CashFlow
                                    SBR Aristocracy
                                    • 12-03-12
                                    • 53970

                                    #18
                                    Originally posted by shari91
                                    You definitely did. And it's because of a few of you on here that I took my BTP winnings straight out after I received them instead of holding on to the bitcoins as many were saying to do. I regretted cashing out so quickly last year and worried that I would this year as well, but I'm glad I stuck to my guns or I'd be pissed now!
                                    Thanks Shari for backing me up on that
                                    see, I act like a complete fukkstick but in reality am very analytical about everything
                                    I have to have a keen understanding on something from every angle possible
                                    in order to buy into it , and that can range from purchasing a new home to buying
                                    my daughter a new bike , and if you recall I kept telling everyone to really consider
                                    what this bitcoin actually is . It’s there but it’s not , it’s real but it’s fake
                                    It’s secure but very unsecured in many ways at the same time
                                    Some kind of internet pseudo based currency that all the powers that be would love
                                    see go down in flames. Always felt like a scheme to me , sure some people would thrive
                                    and get rich , but once again if you really get to thinking dont some people benefit
                                    and get rich in al,ost every scheme ever invented , yet the masses lose eventually
                                    Comment
                                    • Fidel_CashFlow
                                      SBR Aristocracy
                                      • 12-03-12
                                      • 53970

                                      #19
                                      Originally posted by magaman
                                      Bitcoin is still an infant of an investment... so many of you don't get it.

                                      Perfect... it takes 10x skeptics so that some can get rich. Keep selling bitcoin
                                      good luck then dude , do as you please .
                                      Comment
                                      • Glitch
                                        SBR Posting Legend
                                        • 07-08-09
                                        • 11795

                                        #20
                                        I think Shari's good fortune with selling there is just a timing issue. Not holding it when it had just tripled over the previous 2-3 weeks, for no good reason, proved to be a prudent move. However, even after the correction bitcoin is still up 800% from this time last year, and whatever 9 cents to $9000 dollars per unit is all time.
                                        Comment
                                        • mikejamm
                                          SBR Posting Legend
                                          • 08-24-09
                                          • 11047

                                          #21
                                          Originally posted by dlowilly
                                          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.
                                          Yeah, especially pieces of shit like you who post fake videos claiming to have a 100k in cash. You are so full of shit, they're are plenty of reputable posters here that actually know what the fuk they're doing! And unlike you fraud willy, they don't post fake ass Vegas and phony money videos to stroke their egos! You're the worst kind of lying narcissistic douche bag there is!

                                          Still waiting on that next video willypuss, the one where you show your fuk'in cash in a well lit room, with the water marks on the front of the bills. If you're so big time asshole, put it out there, seaweed clone.

                                          Like Jake said, you're a two bit fuk'in loser, who wont show his face at the bash and a complete lying attention whore. Even your avatar looks like some 15 year old, so pedophile videos are probably right up your alley.
                                          Comment
                                          • the_situation
                                            SBR MVP
                                            • 10-22-10
                                            • 2735

                                            #22
                                            Originally posted by Glitch
                                            I think Shari's good fortune with selling there is just a timing issue. Not holding it when it had just tripled over the previous 2-3 weeks, for no good reason, proved to be a prudent move. However, even after the correction bitcoin is still up 800% from this time last year, and whatever 9 cents to $9000 dollars per unit is all time.
                                            Most definitely
                                            Comment
                                            • dlowilly
                                              SBR Posting Legend
                                              • 11-09-16
                                              • 13862

                                              #23
                                              Originally posted by mikejamm
                                              Yeah, especially pieces of shit like you who post fake videos claiming to have a 100k in cash. You are so full of shit, they're are plenty of reputable posters here that actually know what the fuk they're doing! And unlike you fraud willy, they don't post fake ass Vegas and phony money videos to stoke their egos! You're the worst kind of lying narcissistic douche bag there is!

                                              Still waiting on that next video willypuss, the one where you show your fuk'in cash in a well lit room, with the water marks on the front of the bills. If you're so big time asshole, put it out there, seaweed clone.

                                              Like Jake said, you're a two bit fuk'in loser, who wont show his face at the bash and a complete lying attention whore. Even your avatar looks like some 15 year old, so pedophile videos are probably right up your alley.
                                              Good God you're a worthless idiot psycho troll

                                              *Ignored*
                                              Comment
                                              • bonzaii
                                                SBR Hall of Famer
                                                • 07-07-17
                                                • 5000

                                                #24
                                                Originally posted by shari91
                                                You definitely did. And it's because of a few of you on here that I took my BTP winnings straight out after I received them instead of holding on to the bitcoins as many were saying to do. I regretted cashing out so quickly last year and worried that I would this year as well, but I'm glad I stuck to my guns or I'd be pissed now!
                                                Its been around a while now I dont see it going anywhere anytime soon.
                                                Comment
                                                • Fidel_CashFlow
                                                  SBR Aristocracy
                                                  • 12-03-12
                                                  • 53970

                                                  #25
                                                  It’s a risky situation bonzaii, good luck
                                                  could work out but I think it’s peaked for sure
                                                  and some big time investors are telling ppl to sell ASAP
                                                  Comment
                                                  • dlowilly
                                                    SBR Posting Legend
                                                    • 11-09-16
                                                    • 13862

                                                    #26
                                                    Damn FOMO!
                                                    Comment
                                                    • Fidel_CashFlow
                                                      SBR Aristocracy
                                                      • 12-03-12
                                                      • 53970

                                                      #27
                                                      Originally posted by dlowilly
                                                      Damn FOMO!
                                                      Fear Of Missing Out on what ?
                                                      Comment
                                                      • dlowilly
                                                        SBR Posting Legend
                                                        • 11-09-16
                                                        • 13862

                                                        #28
                                                        Originally posted by Fidel_CashFlow
                                                        Fear Of Missing Out on what ?
                                                        I'm saying that's what made me invest in crypto like I did
                                                        Comment
                                                        • eeezzzz
                                                          SBR Wise Guy
                                                          • 08-24-12
                                                          • 703

                                                          #29
                                                          Twitter for me. Bought it at $55, it's doing better now though
                                                          Comment
                                                          • Fidel_CashFlow
                                                            SBR Aristocracy
                                                            • 12-03-12
                                                            • 53970

                                                            #30
                                                            Originally posted by dlowilly
                                                            I'm saying that's what made me invest in crypto like I did
                                                            I was tempted, it’s been profitable so far
                                                            but I don’t trust it from here on out
                                                            Comment
                                                            • shari91
                                                              BARRELED IN @ SBR!
                                                              • 02-23-10
                                                              • 32661

                                                              #31
                                                              Originally posted by Glitch
                                                              I think Shari's good fortune with selling there is just a timing issue. Not holding it when it had just tripled over the previous 2-3 weeks, for no good reason, proved to be a prudent move. However, even after the correction bitcoin is still up 800% from this time last year, and whatever 9 cents to $9000 dollars per unit is all time.
                                                              Oh yeah it definitely was a timing issue but even then I was still seeing stories of people buying up big time and there was a teeny part of me that wondered if I had made a mistake for cashing out the second year in a row. Whatever happens with bitcoin in the future - and for the sake of those who still have a lot invested in it - I'm grateful that it worked out for me this year
                                                              Comment
                                                              • Jbidness
                                                                SBR High Roller
                                                                • 02-20-18
                                                                • 201

                                                                #32
                                                                Originally posted by Optional
                                                                I sold an online business to a French company and had them deposit most of the funds directly into an investment scheme in Vanuatu... to avoid tax on it basically.

                                                                Karma bitch slapped me for that. Dodgy scheme was shut down and all funds seized for laundering money for a criminal bikie gang in Australia.

                                                                I went from being setup for life to in trouble within about 4 months. Heartbreaker of a time. And took me years to just get back to normality afterward.
                                                                Dam sorry to read/hear
                                                                Comment
                                                                • Thor4140
                                                                  SBR Posting Legend
                                                                  • 02-09-08
                                                                  • 22296

                                                                  #33
                                                                  Originally posted by dlowilly
                                                                  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.
                                                                  Now this isnt a bad thread starter kid. See you can do it.
                                                                  Comment
                                                                  • marcoloco
                                                                    SBR MVP
                                                                    • 07-05-10
                                                                    • 3986

                                                                    #34
                                                                    I bet on the cowboys one time.... biggest mistake of my life
                                                                    Comment
                                                                    • thechaoz
                                                                      SBR Posting Legend
                                                                      • 10-23-09
                                                                      • 12154

                                                                      #35
                                                                      Originally posted by BIGDAY
                                                                      Oh Fawwwwk...
                                                                      By far dudes biggest mistake.. Wtf are you doing? Bang hoes and get a dog
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...