Post
Topic
Board Altcoin Discussion
Re: Another example is how greed destroy crypto investors.
by
Jackl87
on 14/10/2022, 20:41:11 UTC
A few days back I bought a token from Launchpad. After they Launch on Pancakeswap I made 1.5X and sold. I was happy with that. But unfortunately, the token price grow double every day, then I bought again at the higher price. I thought this was a chance to multiply my portfolio again. Even though it grow 5x but O didn't sell that due to greedy behavior. Eventually, the project rug was pulled and skipped with all the funds. That means I lost everything even including my initial investment. This is how greed destroys us and scammer takes the advantage.

First of all sorry for your loss OP. I just hope that you did not lose any money that you need for you daily life, in the end i think the most important thing that you need to remember as a crypto investor is that you should never ever invest money into cryptos that you need, because there always is the chance that you lose all of your invested money as it just happened to you.
Also i would say that greed is the main factor why we are all here in the crypto space. We all heard stories of those guys that bought cryptos for 10$ like 5 years ago and that are now millionaires and we are dreaming about achieving the same event though we know the chances are like 1 in a million so i would not be to hard to yourself.