Topic: what you worst experience on crypto - page 9. (Read 4046 times)

It's unfortunate to get scammed but actually getting scammed once was one of my most emotional moments in crypto. I will share my story quickly. This happened like a few years ago.

So I was messaged on telegram by an imposter that he will exchange my coins, at that time I needed some skrill as I used to bet at bet365 and they don't accept crypto. So this user messaged me from where as he got to know I needed skrill and I sent him BTC since it was only $30 or something I was looking for and I cannot imagine someone scamming 30 bucks until that time. This guy simply took my money and never replied, I messaged him a few times but I had an idea that he won't return so I just did it somewhere else. I didn't block him since I had no reason for that. A few weeks later this guy comes to me and told me that he had his college fees due and was short of a few dollars and hence scammed me. You might think it was a story to cover up his scam but he actually paid me all $30 in skrill slowly and that is one of the sweetest memory I ever have in crypto.

The worst memory and experience I ever had in crypto was when I invested in some ICOs and they never even got to exchanges while they promised a lot. I don't consider selling tokens for cheap a bad memory because it can go wrong either way and it's unfortunate but not a mistake to sell them cheap.

The worst thing in my exprience is selling off all the assets for the cheapest value... and i remember BTC price was at Cents and it was in front of me on the monitor and i was laghing reading all about it back then.

The worst experience was suddenly disappearing exchanges. It happened all the time over the last few years. They claim to have been hacked but the worst thing about that is that you don't know whether it was an inside job or whether they really got hacked. Your money is gone anyway then.

That was true I would say until the recent crash of the market where almost every coin has lost its value and new projects will succumb under such pressure. The best time to work for altcoins bounties is when the market is dominating and moving up because then even the worst coins get enough attention and support from the market.

Yeah, I would advice people to use different emails for wallets/exchanges and other sites because if you use your real email on one fake website they will send a lot of phishing emails and a lot of people won't but surely some of them will get scammed. I recently got a fake email that was impersonating blockchain.com wallet and asked me to reset my password. I am just too smart for these things but I was wondering how many people would actually fall for it.

These things happens for our careless behaviour. Few years ago, I have lost a small part of my crypto portfolio after losing the recovery phrase of my wallet. After that I always stayed careful so that things like that never repeat. And we need to take decision wisely before choosing any ICO project.

Of course it is an exciting thing with many good projects,
but after all it cannot be denied that there are still many scam projects,
what is clear we need to be careful in choosing a project

Two common concern when you are new to this market, most of the time scam really hurt you much!

investing or participating with projects that offers very attractive benefits, a big lesson to learn not '

to waste your time and your plan invested money. Work with your knowledge and try to understand

everything first before dealing with it.

Long time ago I very often was investing in various cryptocurrency projects that I almost did not study and because of this I lost a lot of money, it also happened that I sold various cryptocurrencies at the one prices and after a couple of days they began to grow very strongly, also in cryptocurrency trading very often I lost a lot of money and therefore now I not do cryptocurrency trading, I also now study each company completely several times before I invest in them.

Yes, because this year there are quite a lot of good projects that can be followed by everyone in this forum, so not many are disappointed even though there are still some who experience scams.

Well if you are going to ask me, the experience I had before during my first experiences in crypto has something to do with the bounties. I mean there are many incidents where the companies and the projects under these bounties are either not paying or not playing fair when it comes to paying their participants. Also there are projects wherein their coins does not have value on it and were merely shitcoins. You try to sell them but there were no exchanges available to sell them.

Scams as well as hacking are my worst experiences in cryptocurrency. Until now, I have made it a lesson because it is very detrimental to me. losing money in cryptocurrency from scams is something that many people experience. whether it's the same as me or different. the absence of regulation and a freedom attract people to be able to benefit in a way that is not good. like committing fraud

In all sense none of these Stablecoins is 100% safe proof but the one I will say still most trustworthy is DAI and I expect the demand to keep growing in this bull market, the problem with other Stablecoins is that they are centralised and can be default in paying you because they want to, for me you can't do that with DAI or there is no precedence so far and I hope it remain this way

it was a very sad experience. that's why I never joined the ICO and didn't trust some of the links sent by people on behalf of themselves as part of the project team.
When IEOs became popular, I liked them more than ICOs. although sometimes IEO investments can also trap us into scammers with their stupid projects.

I have plenty of worst experiences in crypto space as being a trader and a bounty hunter. As being a trader I was caught into a trap of a p2p exchange that turns out me getting fraud. As a bounty hunter, I joined a bounty campaign that ask KYC using passport as verification processing identification but after that it turns out as a failing project and runaway all the hunters infos.

My worst experience was losing a lot of bitcoins in 2017, I saw with my own head when a hacker moved all the assets I had in his personal wallet, at that time I tried to cancel the transaction but my efforts were in vain
There are many other bad experiences in crypto, especially in ICO

for now it is true as you say, most projects provide participants with maximum rewards and do not disappoint many participants.

My worst experince when enter crypto market is i seduced for buying whole my asset to cheap coin and just hoping miracle will come and price will up to 1000% otherwise everything not goes as plan and coin continue become had value at all and also no buying request in market and after few weeks it delisted from many exchange and i lost my asset. fall into scam coin or trash coin whatever you say thats my worst experience.

Right, but I see that at this point in time there are several projects that are indeed good for bounty participants to hunt down, although the results can be different, but if the token price can last for a long time, then the potential profit can be very commensurate with the time given by the hunters to the campaign.

My worst experience in the crypto world so far has not been so bad, because I believe that what I have experienced must also have happened to most of the members here, namely the wrong choice and the wrong decision to buy coins, and because I panicked, I also sold it, in the end. I had a loss

my personal experience in crypto is i had getting scammed by hacker with the phishing site similar to forkdelta.app.
the hacker stole my balance on ethereum and transferring my ferrum token worth of 200 dollars.

the hacker might be lives in prc in a small town not near to shanghai/beijing and is an impotent homosexual.