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What's your personal crypto scam story?

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by COINS NEWS 156 Views

None of us are perfect, we learn more about crypto safety every day and constantly have to adapt to scammers who keep coming up with new ideas to lure us, address poisoning for example. I think there is nothing to be ashamed of if we do end up being scammed, what's important is learning from our mistakes and sharing our experiences to help spread awareness and hopefully prevent someone else from being scammed the same way.

I'm curious to hear about this sub's personal experiences with crypto scams and figured it could be interesting to see any reoccurring themes and solutions to prevent being the next victim. I'll start by sharing my own story, which is a well-known scam.

I started getting into crypto in 2017 and was dabbling in pretty much everything, BTC, ETH, LTC, alt coins like Verge (Thanks McAfee), etc. I was searching for the next moonshot get-rich-quick opportunity. Toward the end of the year, I came across videos on YouTube about BitConnect. I was a bit hesitant because a lot of people were saying it was obviously a ponzi scheme. But many influencers were showing great returns and it brought me to a point where I just couldn't resist and FOMO'd into it. I moved my funds into a brand new account literally a WEEK before BitConnect shut down on January 17th, 2018. My greed blinded me to all the red flags, and I learned the hard way that if something seems too good to be true , it's because it is!

submitted by /u/PaulD244
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