Quote from: Poker Player on Today at 08:00:10 AM

Quote from: Shark80 on September 07, 2024, 11:46:20 PM

I sold my 20000 tokens at a loss and withdrew my balance.

There are times when it pays to cut losses and avoid falling into the sunk ship fallacy.

The trend of the token is clear, to continue to fall until it is worth 0, as happens in general with most tokens and shitcoins. And even more so with the FBI situation. I in your situation I guess I would have done the same, cut losses and recover what I can before losing everything.

It really was an enjoyable read. The very last paragraph of the sunk ship fallacy link you provided states:

Don’t stay on a sinking ship: Just because you’ve sunk costs into a project doesn’t mean you have to go down with the ship. With these strategies, you can let go of the past and make decisions based on what’s best for you and your team. The sunk cost fallacy makes you your own worst enemy—but with some self awareness, you can be the key to your team’s success instead.

I suppose far too many people do not know when to cut their losses to at least end up with something (no matter how small) as it will always be better than having nothing.

Quote from: A1l1vin1211 on Today at 08:17:32 AM

Quote from: Mugtaiya on September 07, 2024, 11:16:42 PM

They just sent out an email an hour ago to ALL their users telling them It they'ill be receiving 16 of these FREE SPINS once they purchased their FUN tokens.

So this is not illegal marketing practices that should be brought into a court of law?
A similar heinous crime committed done -> ftx and celsius lying to their customers enough in stalling to get away with their funds.
To me the same thing is happening with this site to the thousands of customers who bought their fraudulent FUN tokens.

I received no email from them on September 7. Been a user since 2016

Personally, I think many would agree they have been on a downward spiral for a long time. If they are sending out emails to some members and not others, this is probably another flaw in their system. I cannot see how they will recover from the damage to reputation as it has gone on for far too long.