Ah the memories. This was my first ever profit-taking experience in crypto and it was beautiful. I went for it as I felt the hype would provide a good pump alone, I invested knowing it was a scam but knowing there was good profit potential. I got in around $0.68 and sold half around $1.50 and the rest at $3 for a very tidy return, I thought it would only run to $2 maximum!
And there was me thinking it was newbies that made the mistakes of investing in scams. A vital lesson learnt for those wanting quick profits who didn't make it:
If it looks like a scam, the price moves like a scam, and sounds like a scam, then it's probably is a scam (think quacking duck)
That and never chase profits, losing money in this project is the result of jumping on a moving train (you're likely to get heard)
I mean common, there was no whitepaper, it was run by a kid, and someone wasn't even using spell checker! The fact that naive people pumped the price to a $5 million evaluation says a lot about the state (and sanity) of the cryptocurrency community. Just because BitcoinDark had reached $200 million by then, doesn't mean it was going anywhere.
Sorry to put it blunty, but people best learn from their mistakes. By the looks of the current market, this could of saved you a lot more money in the long-term.
Well that doing good for you but not for the rest of the other peoples who get into the wrong time.
What a beginner luck they say. The project look promising at the first and dev start gets greedy when the price went to roof.
Agreed sounds like beginners luck.... but then again, valid point about the spelling errors in the announcement from day 1 as well as the whitepaper (once it was eventually released).
A sensible step to take for next time making risky speculatative investments is to copy & paste the code in a word-based document to check for spelling/grammar errors
Then you'll know if it's a project run by a teenager
"If you play with fire, you're likely to get burnt"
