I have doubted about this, but if I can help even one person with this, it will be worth it.
Everybody here on Steemit is into Cryptocurrencies, and that is a very good thing, because of so many reasons: no governments involved, decentralized, no taxation, freedom of payment, fast payments, no banks involved, etc....
I am into Crypto too, but and this is a big BUT: people, please be aware of scammers and ponzi-schemes.
(This is not how to do it!)
My story is one of lots of frustrations, I lost money in Cryptsy, lots!, got hacked at Poloniex, Minergate screwed me over, and many other things...
In total I have lost more than 15000,00 USD in Cryptocurrencies, which at current prices would be worth around 50000,00 EUR.
Even writing this stings like big fat wasp attacking one of my testicles. But I can't do anything about it anymore... One thing is for sure, it won't happen to me again.
My advice: don't trust High Yield Investment Plans like Bitconnect and many others, because they are ponzi-schemes, they will fail at one moment, sooner or later. Be aware of putting large amount of Crypto in exchanges, because your money is vulnerable there, invest in a hard wallet instead. And most of all stay from Crypto gambling sites like Primedice, Bitsler, etc... unless you want to lose your money. The house always wins, and there are no magic strategies that make you win and beat the house, nope!
I felt I needed to say this for once, because losing a shitload of money hurts like hell! But hey, it's in the past, and the future is bright!
I'm leaving for a holiday now, stay safe guys and gals.
Arrivederci
Pele23
Crazy guys)) The nominees for the Darwin Awards)
I love your metaphors for example "big fat wasp attacking one of my testicles". That image had me covering my testicles just in case !
Thanks, such metafores keep it fun! ;-)
Thank you. I'll be careful :)