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Re:IRS Files $44B Claims Against Bankrupt FTX by tombert on Thursday May 11, 2023 @04:17PM (#35907816)
I mean, I know. I lost my money. I wrote the post explaining that I feel stupid about it.
Re:IRS Files $44B Claims Against Bankrupt FTX by bloppe on Thursday May 11, 2023 @05:06PM (#35908396)
Lol bold move looking for sympathy on one of the most mansplaining-heavy forums on the internet.
Re:IRS Files $44B Claims Against Bankrupt FTX by gumby on Thursday May 11, 2023 @05:24PM (#35908568)
The gender of posters is rarely clear so “nerdsplaining” is the appropriate term
Re:IRS Files $44B Claims Against Bankrupt FTX by conradfr on Thursday May 11, 2023 @05:27PM (#35908603)
What does that have to do with anything?
Re:IRS Files $44B Claims Against Bankrupt FTX by Xeoncross on Thursday May 11, 2023 @05:10PM (#35908429)
Sorry, we all make mistakes. Some people do dumb things with money, others with relationships, some with their health, and others with their time.

It's hard to be successful at everything. Ask the friends of anyone here, they'll point at the things someone did right and the things they messed up to get their.

Glad you're doing better.

Re:IRS Files $44B Claims Against Bankrupt FTX by sally_glance on Thursday May 11, 2023 @05:34PM (#35908671)
Just wanted to chime in and say thank you for sharing. If everyone was too ashamed of sharing past stupidness we would have no guideposts at all for gauging our own inevitable stupidness.
Re:IRS Files $44B Claims Against Bankrupt FTX by tombert on Thursday May 11, 2023 @07:14PM (#35909615)
Yeah, honestly I don't particularly care what the people on HN think of me [1], but I think it's important to come out to say that even relatively educated people like me can be duped. I might very well be an idiot, but at least nominally I'm in the "educated" demographic: I have a yuppie job, a college degree, some graduate education, and until Gemini Earn was generally considered somewhat financially responsible. I don't gamble, I don't drink, I don't go out to eat very often, any large purchases are planned out for weeks (if not months), and I try and put at least 30% of my paycheck into some form long-term savings (either something low risk/long-term like an index fund or something super-low-risk like a treasury bill). I feel like if something like this can happen to me, it can happen to nearly anyone else.

If anyone was thinking about "investing" in cryptocurrencies, just try and remember that it's largely-unregulated funny money, and you're probably not going to save the world while simultaneously getting rich from it.

I'm hoping that other people can learn from my mistake the age-old adage: if it looks too good to true, it probably is.

[1] (well, most of the time, admittedly I'm subject to vanity like anyone else)

Re:IRS Files $44B Claims Against Bankrupt FTX by lightfield1002 on Friday May 12, 2023 @04:04AM (#35913334)
> if it looks too good to true, it probably is.

And everybody told you, all the time, and you chose not to listen. That's your choice, no worries.

But threatening physical harm to the con man you fell for is just not ok.

Re:IRS Files $44B Claims Against Bankrupt FTX by tombert on Friday May 12, 2023 @07:28AM (#35914666)
Sorry, “everybody” told me? “All the time”? That’s news to me; lots of people seem to get suckered by Gemini Earn. Yes there were a few comments we can look back at in hindsight, but its not like anyone in my friend group told me anything.

Also, it’s hardly a “threat”; it was a bit of hyperbole, which nearly everyone here seems to understand (including you, I think), but let’s just pretend my statement was 100% sincere; what danger am I causing exactly? I very clearly say that I do not want to meet him. What kind of cartoon-like circumstances are going to lead to me meeting this guy if I am not seeking him out?

Re:IRS Files $44B Claims Against Bankrupt FTX by Frondo on Friday May 12, 2023 @03:33PM (#35921149)
Actually, threatening physical harm to a con man has a long and storied tradition in this country; but more than that if SBF had mugged this guy I don't think anyone would call a physical response a bad thing, but because he mugged him with words you're going to posture about this is "just not ok"? Come on.
Re:IRS Files $44B Claims Against Bankrupt FTX by diversionfactor on Thursday May 11, 2023 @06:07PM (#35909035)
Don’t sweat it. I’ve invested multiple hundreds of thousands in venture-backed startups over the past two decades, and lost all of it. None of the startups was successful. These were all audited venture-backed with experienced founders many of whom I’ve known personally in the Austin tech scene. Losing money is the rule in any kind of investing beyond the prevailing real interest rate. It’s all speculation. By the sound of it your diversification is paying off. Actually you’re quite smart in that regard, you didn’t put it all into startups like me.
Re:IRS Files $44B Claims Against Bankrupt FTX by didip on Thursday May 11, 2023 @07:12PM (#35909594)
It's ok. Don't worry. I lost $250k during Covid because of similar lack of due diligence.

I made most of them back YOLO-ing TQQQ, but like you, I was having cold sweats for several nights.

Thankfully, there is so much money in tech industry that you can still recover from mistakes like this.

Re:IRS Files $44B Claims Against Bankrupt FTX by Narkov on Friday May 12, 2023 @03:14AM (#35912995)
Thanks for sharing. You've paid a significant price for a very tough life lesson. It takes guts to be so open about it. Kudos.