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Topic: Remember Ethconnect? (Read 329 times)

member
Activity: 42
Merit: 15
October 15, 2024, 05:57:56 AM
#29
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.
Wow that's a huge amount of money especially considering how much you would have had by now what an expensive way to learn a lesson
I'm truly sorry about that it must have been painful
I pray you will be able to make some of them back
Stay strong 💪
copper member
Activity: 252
Merit: 4
August 13, 2024, 03:11:51 PM
#28
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.

Yeah, you're right. In fact there are also people who have lost more than this and so we must take all the precautions with our investments and secure our money.
I have lost some of my hard earned money in Bitconnect scam but nothing could be done to recover it.
My friend was lucky to take some of the profits in the earlier stage but I was not as luck as him and lost the money.
Although I lost the money I took it positively because it could have been worse if I had invested all of my money in it.
Fortunately, I had just put in what I could afford to lose back then.

I am happy that you were a bit more fortunate, however, both your and OP's cases should be a lesson for people to come, both to this thread and afterward to others. Thanks for sharing your story as well!
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
August 13, 2024, 02:31:30 PM
#27
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.
Yeah, i can remember and it was big shocked and i see my some friends are involved with this lending platform and first time they are able to good amount of money, but ending wasn’t good, mostly losses big amount, i also can remember about other project Biconnect where i had some investment but not big. Sorry to heard you lost a big amount, 3000 BNB it’s not a joke.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
August 13, 2024, 04:29:55 AM
#26
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.

Yeah, you're right. In fact there are also people who have lost more than this and so we must take all the precautions with our investments and secure our money.
I have lost some of my hard earned money in Bitconnect scam but nothing could be done to recover it.
My friend was lucky to take some of the profits in the earlier stage but I was not as luck as him and lost the money.
Although I lost the money I took it positively because it could have been worse if I had invested all of my money in it.
Fortunately, I had just put in what I could afford to lose back then.
copper member
Activity: 252
Merit: 4
August 13, 2024, 03:12:16 AM
#25
And what they can do upon being busted, they will just going to make a new one - a new face, name and theme. While the tactic they'd do is still the same and that's why you're right, we always tell everybody to DYOR.

It's a harsh reality, really. Making an analysis, and a good one at that, is key for those who want to strive in the current state of the market and projects in it, in my opinion.
I agree, your analysis will help you choose a better project in the near future and something like ethconnect will be avoided then. But as OP assures that he won't be investing to the likes of these projects, he'd definitely not going to make the same mistake again. This is the truth about this market and community, once you've made a mistake, you're going to make sure that you won't be misled again by anyone or even by your thoughts because that won't help you out. And to be sure with where you are investing your money, you'd always have that second thoughts before you push a decision.

Yeah, and even then you can be wrong nonetheless Grin So it's natural to make mistakes, it's totally okay, it's not okay not to learn from them. I wish OP well.
hero member
Activity: 3080
Merit: 603
August 12, 2024, 03:43:37 PM
#24
And what they can do upon being busted, they will just going to make a new one - a new face, name and theme. While the tactic they'd do is still the same and that's why you're right, we always tell everybody to DYOR.

It's a harsh reality, really. Making an analysis, and a good one at that, is key for those who want to strive in the current state of the market and projects in it, in my opinion.
I agree, your analysis will help you choose a better project in the near future and something like ethconnect will be avoided then. But as OP assures that he won't be investing to the likes of these projects, he'd definitely not going to make the same mistake again. This is the truth about this market and community, once you've made a mistake, you're going to make sure that you won't be misled again by anyone or even by your thoughts because that won't help you out. And to be sure with where you are investing your money, you'd always have that second thoughts before you push a decision.
hero member
Activity: 2688
Merit: 588
August 08, 2024, 01:56:51 PM
#23
What an expensive price that you've learned there. A couple of hundreds is already hurting but yours is that much.
It is because he might be richer than us and then like he said, the total price that he invested in the past is only 3k dollars which might still be within his reach. The only thing that haunts him is the fact that BNB price have sky rocketed a lot over the past years and it could made him a millionaire now just in case he still have access to the coin.

And what they can do upon being busted, they will just going to make a new one - a new face, name and theme. While the tactic they'd do is still the same and that's why you're right, we always tell everybody to DYOR.
But at least they got busted and that is better than nothing at all. Also, if possible, we can send them into jail. Now, will they still have the chance to roam around and do the same shit? Maybe yes, if there is a bail but it would be better for the court to set a crime like this to no bail. That way, criminals will now think twice and they can end up of not doing the crime at all for the said consequence that they can face, just in case they insisted and got busted out.
copper member
Activity: 252
Merit: 4
August 08, 2024, 12:44:20 AM
#22
Nope, its completely traumatized me to the point where I stayed away from the market for a while and came back semi 2022.

I coulda shoulda woulda been a millionaire....but I'm sitting on 1 bitcoin right now  Cry

I'm hoping that when bitcoin hits 100K I can put that bitcoin into a few new ALTS (newly listed on binance) with momentum with a marketcap under 100M to 10x that into a million and hopefully make my first M.

Fingers crossed.
Glad you came back, and hopefully, Bitcoin will hit $100k before the bull run ends. Everyone, including me, is expecting the market to get to that level so that we can recover some of our losses and make a profit.

I appreciate your resilience! Thanks for telling your story, and for staying strong. Scam projects have become even more frequent nowadays, so stay vigilant. With prices dropping because of many reasons (Japan's stock exchange is one of them) there would be many opportunities to hop in, in my opinion.
Not many people would have come back to tell the stories. Many people became alcohol or drugs abusers because of such losses. Few even committed suicide because they couldn't cope with such losses. I also commend OP's bravery in overcoming these losses and still coming back to tell his story. I was not around the crypto industry when the Ethconnect scam happened but there are still many fake projects around currently. To avoid regrets in the future, one needs to be careful and also learn from incidents like this.

OP will be like a John Wick of crypto, that's for sure Wink
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
August 07, 2024, 11:13:29 PM
#21
Nope, its completely traumatized me to the point where I stayed away from the market for a while and came back semi 2022.

I coulda shoulda woulda been a millionaire....but I'm sitting on 1 bitcoin right now  Cry

I'm hoping that when bitcoin hits 100K I can put that bitcoin into a few new ALTS (newly listed on binance) with momentum with a marketcap under 100M to 10x that into a million and hopefully make my first M.

Fingers crossed.
Glad you came back, and hopefully, Bitcoin will hit $100k before the bull run ends. Everyone, including me, is expecting the market to get to that level so that we can recover some of our losses and make a profit.

I appreciate your resilience! Thanks for telling your story, and for staying strong. Scam projects have become even more frequent nowadays, so stay vigilant. With prices dropping because of many reasons (Japan's stock exchange is one of them) there would be many opportunities to hop in, in my opinion.
Not many people would have come back to tell the stories. Many people became alcohol or drugs abusers because of such losses. Few even committed suicide because they couldn't cope with such losses. I also commend OP's bravery in overcoming these losses and still coming back to tell his story. I was not around the crypto industry when the Ethconnect scam happened but there are still many fake projects around currently. To avoid regrets in the future, one needs to be careful and also learn from incidents like this.
jr. member
Activity: 74
Merit: 1
August 07, 2024, 10:43:57 PM
#20
I'm sorry that happened to you. I didn't even hear about it, I only remember Bitconnect. But, thankfully, I stayed away from it.
legendary
Activity: 3752
Merit: 1415
August 07, 2024, 05:46:44 PM
#19
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.

There are a zillion of those but why in the world would ypu have put any money towards something called ethconnect.  Biggest red flag is when a coin is called something else that already exists.  Don't gamble on anything with eth, btc, doge etc that isn't the original coin.  People use those names to draw people in and take theor money.  Sorry for your loss.
copper member
Activity: 252
Merit: 4
August 07, 2024, 12:56:35 AM
#18
Thank you and I agree. Cant put a price on a lesson. Even if it was a $3.5 million dollar one  Grin Cry
What an expensive price that you've learned there. A couple of hundreds is already hurting but yours is that much.

So we learn a lesson now to do our deep research and not just believe in promises. For these crooked scammers, it's easy to create or build a project that looks so real. We are warned to double-check because there are always projects like Ethconnect roaming around.
And what they can do upon being busted, they will just going to make a new one - a new face, name and theme. While the tactic they'd do is still the same and that's why you're right, we always tell everybody to DYOR.

It's a harsh reality, really. Making an analysis, and a good one at that, is key for those who want to strive in the current state of the market and projects in it, in my opinion.
hero member
Activity: 3080
Merit: 603
August 06, 2024, 06:42:48 PM
#17
Thank you and I agree. Cant put a price on a lesson. Even if it was a $3.5 million dollar one  Grin Cry
What an expensive price that you've learned there. A couple of hundreds is already hurting but yours is that much.

So we learn a lesson now to do our deep research and not just believe in promises. For these crooked scammers, it's easy to create or build a project that looks so real. We are warned to double-check because there are always projects like Ethconnect roaming around.
And what they can do upon being busted, they will just going to make a new one - a new face, name and theme. While the tactic they'd do is still the same and that's why you're right, we always tell everybody to DYOR.
member
Activity: 280
Merit: 22
WOITOKEN Play to Earn NFT Game
August 06, 2024, 06:02:58 PM
#16

I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.

I think you will be more careful in determining your attitude towards investment, thanks to the experience you have gone through and it is a valuable lesson for others, in crypto has grown rapidly and become an investment that can generate profits, but this opportunity has been widely misused for fraud in the crypto industry, because many users become victims, they deceive and make to increase the investment value to be many times the initial capital but in reality it never materializes, so the need for carefulness before entering into investment.
legendary
Activity: 3416
Merit: 1225
August 06, 2024, 04:59:53 PM
#15
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.


You're not the only one; that was when scammers had not yet infiltrated the industry, and there were a lot of great projects. And we only want to become an early bird for future profit. Bitconnect and ethconnect are just some of the projects that ended investors' trust in every project that came along at that time and is still going on today.

So we learn a lesson now to do our deep research and not just believe in promises. For these crooked scammers, it's easy to create or build a project that looks so real. We are warned to double-check because there are always projects like Ethconnect roaming around.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
August 05, 2024, 06:27:47 AM
#14
At the time my 3000 BNB was worth about $3000, yes today Id be a millionaire living offshore with my yacht.

Lesson learned, a huge lesson at that. I dont invest into ICO's anymore and I just stick with the top 20 if I wanna trade.
There were investors that have been lucky with ICOs but it's true that they're not all profitable. That's what everyone should have done at that moment when you're able to make a lot of money from these ICOs, to reinvest it to a top coin or no other than Bitcoin or just kept it through stablecoins.

The best time to invest into ALT coins is when bitcoin doubles the previous ATH and stays there for a while. ALT's flourish.

Other than that I dont really do much but analyze the market.
You're right, that's how I also sees the market on when it's best to invest in alts. I mean it's best to invest before any pump or ATH happens. But that's the sign when alts are going to reach ATHs, that's when Bitcoin goes up already first.
sr. member
Activity: 518
Merit: 251
Hello. Bye.
August 05, 2024, 06:03:17 AM
#13
At the time my 3000 BNB was worth about $3000, yes today Id be a millionaire living offshore with my yacht.

Lesson learned, a huge lesson at that. I dont invest into ICO's anymore and I just stick with the top 20 if I wanna trade.

The best time to invest into ALT coins is when bitcoin doubles the previous ATH and stays there for a while. ALT's flourish.

Other than that I dont really do much but analyze the market.

Ethconnect's scam scheme at the time, I don't think you were the only victim but many investors were affected by this fraudulent scheme until they lost everything from the assets they owned.

During those 5 years you never got up, buddy? It's a shame when there are many moments that happen in the market for several years, I know this is your sadness of losing 3000 BNB, if you continue to think about it you will continue to be stressed.

Nope, its completely traumatized me to the point where I stayed away from the market for a while and came back semi 2022.

I coulda shoulda woulda been a millionaire....but I'm sitting on 1 bitcoin right now  Cry

I'm hoping that when bitcoin hits 100K I can put that bitcoin into a few new ALTS (newly listed on binance) with momentum with a marketcap under 100M to 10x that into a million and hopefully make my first M.

Fingers crossed.

I appreciate your resilience! Thanks for telling your story, and for staying strong. Scam projects have become even more frequent nowadays, so stay vigilant. With prices dropping because of many reasons (Japan's stock exchange is one of them) there would be many opportunities to hop in, in my opinion.

Thank you and I agree. Cant put a price on a lesson. Even if it was a $3.5 million dollar one  Grin Cry



copper member
Activity: 252
Merit: 4
August 05, 2024, 04:19:28 AM
#12
At the time my 3000 BNB was worth about $3000, yes today Id be a millionaire living offshore with my yacht.

Lesson learned, a huge lesson at that. I dont invest into ICO's anymore and I just stick with the top 20 if I wanna trade.

The best time to invest into ALT coins is when bitcoin doubles the previous ATH and stays there for a while. ALT's flourish.

Other than that I dont really do much but analyze the market.

Ethconnect's scam scheme at the time, I don't think you were the only victim but many investors were affected by this fraudulent scheme until they lost everything from the assets they owned.

During those 5 years you never got up, buddy? It's a shame when there are many moments that happen in the market for several years, I know this is your sadness of losing 3000 BNB, if you continue to think about it you will continue to be stressed.

Nope, its completely traumatized me to the point where I stayed away from the market for a while and came back semi 2022.

I coulda shoulda woulda been a millionaire....but I'm sitting on 1 bitcoin right now  Cry

I'm hoping that when bitcoin hits 100K I can put that bitcoin into a few new ALTS (newly listed on binance) with momentum with a marketcap under 100M to 10x that into a million and hopefully make my first M.

Fingers crossed.

I appreciate your resilience! Thanks for telling your story, and for staying strong. Scam projects have become even more frequent nowadays, so stay vigilant. With prices dropping because of many reasons (Japan's stock exchange is one of them) there would be many opportunities to hop in, in my opinion.
sr. member
Activity: 518
Merit: 251
Hello. Bye.
August 05, 2024, 02:52:12 AM
#11
At the time my 3000 BNB was worth about $3000, yes today Id be a millionaire living offshore with my yacht.

Lesson learned, a huge lesson at that. I dont invest into ICO's anymore and I just stick with the top 20 if I wanna trade.

The best time to invest into ALT coins is when bitcoin doubles the previous ATH and stays there for a while. ALT's flourish.

Other than that I dont really do much but analyze the market.

Ethconnect's scam scheme at the time, I don't think you were the only victim but many investors were affected by this fraudulent scheme until they lost everything from the assets they owned.

During those 5 years you never got up, buddy? It's a shame when there are many moments that happen in the market for several years, I know this is your sadness of losing 3000 BNB, if you continue to think about it you will continue to be stressed.

Nope, its completely traumatized me to the point where I stayed away from the market for a while and came back semi 2022.

I coulda shoulda woulda been a millionaire....but I'm sitting on 1 bitcoin right now  Cry

I'm hoping that when bitcoin hits 100K I can put that bitcoin into a few new ALTS (newly listed on binance) with momentum with a marketcap under 100M to 10x that into a million and hopefully make my first M.

Fingers crossed.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
July 06, 2024, 10:45:14 AM
#10
I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back  Cry


So, whenever you feel bad. Remember, it could be worse.
Expensive lesson. But sure, it would be worse, as some people don' t learn from one lesson and need to pay for several more scams. I just call failed coins and scams i fall into as "courses" or "lessons" so my attitude towards them at least gives me something from those catastrophies.

I myself have paid my share of eth for them and because of that. I've lost most of my trust in people in here. Blind trust i didn't ever have, but now i have hard time even listening to investment advices from close friends, as all i see are people falling love to their bags, and how they are unwilling to see anything objectively anymore.

Being mislead by someone you truly trust will make you remove the need for trust, and at least i just replaced trust with risk.
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