All the crypto currency I bought that went to Zero ( A hard lesson in crypto investing)
I thought that I would be a great idea to share with you the danger that is inherent when it comes in to investing in non top 10 crypto's. A number of the investments I made last year were really bad - most feel 50 -80 percent, but there were also a handful that were completely whipped off the crypto map. Some of this was due to the platform being a total scam, others were simply victims of circumstance.
1 - EMBER COIN AMOUNT INVESTED: $2500 USD
Though there is a small amount of trading volume, the price of this coin is irrelevant. My $2500 invest is worth about $20.00 and that is if I can even find a buyer - which is highly unlikely.
2 -SAFEX AMOUNT INVESTED: $3000.00 USD AT AROUND .08
Once again here is another example of buying into a MacAfee pump and dump special. Thought coinmarketcap states that it is currently trading for .3, with the low trading volume, you would be hard pressed to find a buyer.
3 - PACC COIN - before the fork AMOUNT INVESTED: $1500.00 USD AT AROUND .01
I bought about $1500 in Pacc coins trying to ride the wave, 2 months later I sold that same bag for $15.00 on craptopia.
4 - BITCONNECTX AMOUNT INVESTED: $5000 USD AT $50/TOKEN
This coin is totally worthless and never traded I didn't even get the chances to sell it at pennies on the dollar
5- ETN ELECTRONEUM AMOUNT INVESTED - $7500 AT ON AVERAGE .15/TOKEN
Though this coin isn't dead, it has turned my $7500 investment into $1200. Sadly ETN was one of this first things I bought when I made my way back on to the crypto circuit. Man was that a dumb idea.
Unfortunately, while everything else has rebounded, this coin hasn't done a single thing. In fact it still continues to go down. I feel really bad, because I also convinced some of my family members to get involved. I guess when you use social media to shill your token, the majority of your investors are going to be stay at home moms and kids that will jump on the first thought of getting 2 or 3 X gains and don't really care about the longevity of the project.
I surely know how to pick the losers that is for sure, there has to be some prize for that? Oh ya there is, the luxury of getting to live in my car!! Thank you crypto gods :)
Dear sir @fuckmylife Thank you very much at the beginning of Sir @fuckmylife , so to post a nice bitcoin. In fact, we have always seen many types of post with bitcoin but we do not get the right news,
It's not always the case, but it's great to see your post giving you the right news that many good thanks for everyone, thank you for sharing such a beautiful post. Present this kind of beautiful post to us in the future. Have a nice day
Hello,
"Living in your car" - You should not invest in anything with money you cannot lose.
Honestly .... i don't think the fault was the cryptocurrency entirely .... observing the graphics and the , i assume , were the points of entry.
True, it is volatile and emotional, and there are many doors to explore, but "to ride a wave", is very risky.
About ETN i would hold to the coins, if you haven't sold them.
If they fix the problems they are having now, .15+ would be achievable still this year. ( i haven't invested in this coin, but i do use the Mobile Miner).
I hope you are doing well. And i hope you have other investments there are doing well. In terms of Crypto, we are now watching a new spring. There are many great projects with great purposes out there.
Cheers.
I was a lot more than crypto that put me here. I am fighting a battle over my family business that has been dragging on for years in the courts . As for not investing what you cant afford to lose, I was down with loosing 20 percent 50 percent or even 70 % percent, but almost 100 % on almost every investment, that is wacked man. There is a happy medium, this wasn't it
My family business drove us apart for a while right after becoming successful. It was weird all the years we struggled we stayed to gether than wirh success came strife. I'm sorry you lost so much money, but this system is rigged against us from a to z, better to not participate and enjoy nature and figure out how to learn cheap. Its not easy though the way the world works.
My original strategy was I was going to invest all this money so I could make an additional $10,000. When you hear about people turning $200 into $1,000,000 it didn't seem far fetched that I could turn $40,000 into $50,000. After that I was going to buy a truck camper and truck and live off grid, in mother nature. Sadly that dream is gone. But that was my original goal, to go and enjoy nature :(
That really bums me out. Have faith and don't give up. Your most important asset is YOUR HEALTH! Don't let all the pressure of life ruin your health, you can achieve your dreams still. Maybe start with a $5,000 dollar camper, I looked at one earlier this year that I could have lived in. YOU CAN DO IT!
Its Canada where it gets down to minus 40 in the winter, so I would need something 4 season capable seeing I was going to be living in it fulltime. But I have been looking around. Just trying to find something that will be dependable for the next 10 years or so. :), maybe by then I will have found my self.
As for my health, I have a genetic disorder call neurofibromatosis - hence the ugly face bit - look it up if you have time. I have tumors all over the inside of my body, optic glioma and a huge umbilical hernia, my health is the shits. Cant help what I was born with. lol, anyways thanks for the support :)
Diet can heel so much. Have you looked into natural solutions, doctors don't know shit, they just want to sell drugs and surgery. So far my psoriasis has healed 50% to 75% I KNOW it will clear 100%, doctors told me there is no cure. F THEM. Diet ESPECIALLY helps tumors- the coke is FEEDING them for sure- I drank straight OJ for a month. look into it.
http://www.naturalneurofibromatosis.com/50-natural-treatment-ideas-for-nf.html
lol, I don't think the coke is to blame, its a side affect of the condition. Many people who I know who have it much worse, never touched coke and look this way. I have the same condition as the elephant man, I don't know if you have seen the movie. But I don't think he was pounding the coca colas :). I am happy you were able to deal with your issues, sadly my condition is progressive and gets worse with age. Tumors are growing inside my ear canals and I am slowly going deaf as well. Nevertheless, Ill look into it .
Cold weather is brutal, I am moving to florida for my health, and to grow my own fruit trees, everything is so toxic at the grocery stores its depressing even the organic stuff. Anyway, I know its not easy. I have been where you are very recently- including health wise -ulcers and lots of bleeding- now no pain and no bleeding.
@zoomtruth. I live in Florida, near Jupiter on the SE side
Sorry to hear that. Lucky man, I wish I could move to Florida. Sadly, they make it easier for someone from Somalia to move there than someone from Canada. Good luck with those fruit trees.