Worst Financial Decision You've Ever Made

[Goldynn89]

Experience they say is the best teacher, and almost everyone will make a bad financial decision at one point. Some decisions can be so bad that they cripple you financially for a long while.

Looking back, my worst was not holding onto the Bitcoin I got for cheap in 2020. I sold everything early in the bull run and I'm yet to recover.

 

[neku]

Making payment to some freelancers in 2011-12 was the worst financial decision I made, since the freelancers are falsely claiming to do all the work online since then and getting government jobs with monthly salaries, when they refused to reply after 2012, and did not do any work at all.

 

[Mike30]

Selling over 15k LTC around $0.67 to discover 3 months later they reached $22 each.
For the same reason, I got invested in BCN and at this point I don't care what the news/rumors says about BCN, I am keeping those no matter what.

 

[Starmix]

I have made a worst decision three months ago. I met a trader, she was introduced to and she was very good at luring me which is why I was convinced. I traded an initial deposit of $ 300 but after that, I was told to upgrade to $ 500 which was impossible for me to believe. My money wasn't returned. I regretted but too late.

 

[Starmix]

I
I'm really sorry about that, but that's a whole lot of experience.

Yes, but my friend lost $ 1,600 in the same company, She is also a member here but inactive.

 

[Abdulhamid01]

Experience they say is the best teacher, and almost everyone will make a bad financial decision at one point. Some decisions can be so bad that they cripple you financially for a long while.

Looking back, my worst was not holding onto the Bitcoin I got for cheap in 2020. I sold everything early in the bull run and I'm yet to recover.

These worst financial decisions are just there for us to learn so as to make right decisions In future but we surely can't change the past, it only prepares us for the future.

 

[Starmix]

It's not good to decide impulsively. We need to think, many times and if possible consult the matter to our family or to our close friends.it is not easy to think about losing a big amount because of a wrong decision.

 

[Stardom22]

I had decided to save atleast 10% of my income for the future usage but failed constantly.
This is due to the fact that l don't have a regular means of income.

 

[Starmix]

I hope next year good job knocks at your door @Stardom22 . Don't lose hope. There are many jobs online you might encounter the best one with good earning potential.

 

[freelancermaria]

Maybe not saving up money early. I used to earn a decent amount of money before but I splurged on unnecessary things. That is the biggest regret of my life.

 

[eLdavis]

For me I think the worse decision I made was investing in forex trading when I have little to no idea about how forex trading works. I ended up losing all my startup capital.

 

[Starmix]

The worst decision I've made was believing on a Forex trader agent. The way she convinced me very strong, igniting, which is why I lost $100 instantly as an initial pay and then she asked for more intended for the upgrading which amounted to $300. At this point I realized it's a scam. I can't find my account in Forex trading. Feedback from people were all negative. .

 

[Augusta]

That's about lending my bulk savings to a very close friends but the repayment was very annoying as it came in bits and saving became a task

 

[Starmix]

We need to be extra careful to avoid losing money because of overconfidence. Let us be wise and never allow a bad decision to influence us. We can't retrieve what we would say.

 

[Fidelia]

The worst financial decision I have made was resigning from a good paying job to go to school for a degree. And I have gotten the degree now, the job is gone forever.

 

[AruneBend]

well probably spending a lot of money on studies that was pointless for me we all make mistakes we need to deal with them

 

[Augusta]

The worst financial decision I have made was resigning from a good paying job to go to school for a degree. And I have gotten the degree now, the job is gone forever.

Well, you might think so but I think you did the right thing by investing in your self. hopefully a better job will come.