Quote from: timoshani on Today at 08:39:13 PM

Quote from: Mpamaegbu on May 16, 2023, 06:03:27 PM

Quote from: Godlovesyou on May 16, 2023, 01:48:32 PM

The first Africa crypto project was established to steal people's money, when wakanda came out in towards July 2021 and did the burn in September

To start with, Wakanda isn't the first Africa project. There was Dalecoin even before I embraced crypto in 2017. There was also Zugacoin created by Sam Zuga, an African, in 2019 or 2020.

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many people wasted their hard earn money to buy enough, I personally use $300 to buy wakanda which accumulate 2billion plus, but since then, wakanda never rise for once, only going down, my money is less than $10 remaining.

I saw through the smokescreen when the hype for it hit the media but I avoided it as my sixth sense told me something wasn't right. My guts were right. It was the same way I avoided the shitcoin, Zugacoin. It's not as if it's an African thing to have bad projects. It transverses all continents. There are scammers everywhere. BTW, don't sell off what is left. You never can tell if there are going to be novice investors who are definitely going to buy it during the forthcoming bull run in 2024/25

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Please what is the aimed of those people doing fake crypto currency?

I believe this is a rhetorical question.

There was also African Coin Exchange's Altcoin AFCE. The project was also launched in mid-2018. But in fact, a complete scam. Therefore, I looked at Wakanda without enthusiasm. He did not arouse confidence.

Not really that bad to consider out some local exchange platform on which we do really tend to support if ever there's one been existing but we cant really just deny that whenever we do tend to touch up some new platforms then there's always having those doubts when it comes to legitimacy on which we've seen lots of exchange hacks and scams around which it would be resulting on losing up money. Same goes into those projects who do just pop out like mushrooms and as an investor then you should really be having that kind of approach when it comes on how you should really be that mindful on making out some research first before
diving into something.This is usually the mistake or error of most people when it comes to investing on which they are really letting themselves driven or get hooked with the hype without even tending to realize
that it wasnt really that much of a preferred way on dealing with it because you are really that putting yourself in so much risks.