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How Reading an Article Lead Me to Lose $1000 in 1 Second
Sometimes greed overcomes logic, and we make dumb decisions. Please read my story so you don’t repeat my mistake.
Crypto has a way of making many of us feel stupid. Greed, desperation, fear of loss, fear of missing out, and various other emotions drive us to regret decisions. Sometimes, it’s our fault. We look back and think, “I told myself to sell at this point and take money off the table when it hit this price, but I didn’t.” Or, “why didn’t I invest in that project when it was $x.xy? I bought this shitcoin instead.”
Other times, it’s not entirely our fault. We trust centralized lenders and exchanges to take custody of our crypto and act with minimal amounts of responsibility and due diligence. We are witnessing this in real time with the collapse of FTX and the recent failures of Celsius and Voyager. Misleading and devious leaders headed all.
And then, sometimes, it’s a combination of being our fault and getting scammed. Some examples of this are sharing our private keys, doing an exchange with a stranger we met online, or investing in projects promising unsustainable returns.
I am writing this article to share my experience and to try warning readers here on Medium that scammers are on this…