I believe everyone here onboard this platform once had a very though and challenging moment with bitcoin at the initial start. At first it seems unrealistic then looks like a scam but at last it was a real deal. sharing our experiences and worst moment might just help others build on and also bring us back to the very first beginning of our journey into bitcoin then. This would also help us evaluate how far we have gone and also creates room for more on-boarding of more adopters. Sharing our experiences on how we started would also encourage more to be steadfast in the system. This would go a long way in helping others at the verge of giving up on bitcoin.
How was your worst moment and experience like and how were you able to handle it then ?
As someone who is fortunate enough to have experienced this forum back in 2017, I had my fair share of ups and downs. Mostly, it was due to the natural volatility of the price of BTC especially back in the first quarter of 2018 when its price reached an ATH of around $19,000. But one those worst moments was when I invested in a ponzi-scheme (where I had no idea that it was a ponzi scheme) and I got scammed around $200 worth of BTC (probably worth more now compared before).
Though that may be the case, I quickly got to my feet and continued my passion in exploring this innovative world. Eventually, the lost BTC was never recovered but it taught me something that cannot be bought by money- which is experience.
As we look back on 2018, I think most of us who have been here before have a lot of regrets about the moments of 2018. Most of the projects at the time were mainly ponzi and we were all running those projects and very few people were interested in bitcoin. If it comes to ponzi projects, the bitcoinnect project is probably the biggest ponzi project we've ever had. Its frenzied growth and one death caused an entire market crash that caused everyone to lose almost everything. I myself lost a lot and left the market shortly after, I had a moment of total meltdown, as I lost everything with the ponzi projects at the time. This can be considered as my biggest mistake when entering the market.