INTRODUCTION TO STEEMIT: A STORY OF HOW I LOST MY FOURTUNE TO PONZI SCHEMES AND A NEW BEGINING

in #introduceyourself6 years ago (edited)

Hello everybody....... It is nice to be on this great platform. I am an estate surveyor who specializes mainly in buying and selling of lands.

Not until when I first came accross bitcoin in year 2014. I thought it was the normal Nigerian yahoo boys scheme. Not until late 2015 after so much conviction I bought up to 20 bitcoin. With the exception of making more profit. I made a mistake of not understanding the potential of what I was going into. Then at October 2016 I was introduced to MMM Nigeria which I lost a total of 8 million Naira to the scheme. After this loss, I remembered I had some bitcoin which had given me some profits but as at then the price of bitcoin was coming down and I was afraid I would lose the money again. I was mislead by a friend and asked me to invest my $20000 into MPCA (my paying crypto ads) not knowing it was a ponzi scheme in disguise. I lost everything in it as at march 2017. As if that was not enough, I sold some if my properties and I was again mislead and introduced to bitconnect, I invested $3500 which just went down and collopsed despite people called it the future of bitcoin. They said it could hit bitcoin price and I never new it was a manipulated coin with the aim of scamming people. I thought it was the end of life. I felt like commiting succide, I thought I have lost everything and I can't get to recover again. I was like this for a while and up to this moments not until when a friend @dante31 who introduced me to steemit.

I just write this story so that people expecially those new into crypto currency should be careful of not qiving there hard earned money to scams.

LESSON LEARNT

Have a full understanding of what you are going into before thinking of investing.
Never invest all your life saving or all you have because nothing last forever.

Never be greedy and be contended with what you have and the little profit you have made.
Be sure of the investment you are going into, the ico you want to buy and don't be fooled.
Don't always believe in program that have refferal programs, they are basically scams and fraud using people to defraud people.
Never trust the promoters of this schemes, they invest as little as $100 and lure you to invest higher.
Be careful!!!! Be wise!!!! Make profit......IMG_20180101_081835.jpg

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Hello olumzy! Welcome to Steemit! Hope you'll like the community here. As a start, here are 5 tips that we believe will be helpful to you:

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Hello @olumzy! It's nice to see you here!

Well I am sure you will make a good income here, Followed your Account on Steemit.

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Welcome to Steemit @olumzy!

I wish you much success and hope you find Steemit to be as rewarding and informative as I have.

Here are some links you might find useful.
Your stats on SteemNow
Your stats on SteemWorld
Your stats on SteemD
How to use Minnow Booster
How does Steemit actually work?

Introbot is hosted and managed with donations from @byColeman to help make your journey on Steemit be truly rewarding. Your feedback is always welcome so that we may improve this welcome message.
Oh yea, I have upvoted you and followed you. Many blessings from @introbot & @bycoleman

hi @olumzy Welcome to Steemit Community. Looking forward for your next post. See you around. You can also join in STEEMSCHOOLS discord here https://discord.gg/8CRS4j4 They can help you grow in this steemit community. If you still don't have a discord account. Just register first through the link I gave you. I'm glad to help you. See you there!

Welcome to Steemit :)

Hi @Olumzy, Welcome to Steemit!!!

Welcome to steemit buddy

thanks bro. looking forward to be like you

Hello @olumzy, you have done an impressive intro. im really impressed with such a compact style. thats why i put a link to your intro in my post to show your post as an example to my fellows. please feel free to check it
https://steemit.com/life/@sultanmr/best-new-steemers-introductory-posts---page-5-1524696661-6829166

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