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RE: Project.Hope contest: Your worst investment experience

in Project HOPE5 years ago

My Entry

When I got to know about crypto, I was excited. Bitcoin was already in the thousands of dollars so I couldn’t afford much. Then I heard of Electroneum. I remember reading that Bitcoin was worth a few cents until it boomed to get to the thousands of dollars bracket so that’s same way Electroneum is going to be worth and a few years.

I bought quiet a lot and one day, I opened my wallet and the message I saw was that the website had been hacked. I just became sick instantly. I had imagined 1 Electroneum would be worth $1,000 and all is gone. Site came back later on but I had lost interest by then.

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 5 years ago  

Entry 5

Hoping for the best

 5 years ago  

Thank you very much for sharing your experience. Unfortunately not all coins turn out to be a new bitcoin :-)

That’s the sad part

@minimining was giving them away at a time, you cold mine electroneum with your PC pretty easily mining with your phone was shit.

I’m not sure they are worth anything now

I remember this experience too although I still have a lot of Electroneum not that it is worth much anymore. TBH, I didn't put that much in it in the first place but I did mine it for a while before the mobile miner came out. I do see though they are still working hard at adoption so you never know, it may bounce back. It is looking less likely the more that time passes though.

Unlikely that it will bounce back. It’s unfortunate what happened to it

Ouch. I had heard about this coin but never explored it. Most of the chatter seemed positive.

Yea, most of what I heard was good news until the hack...didn’t really recover after that