Mistakes that I Made While Collecting Crypto-Currencies. Dear Reader, Learn From My Mistakes and Don't Repeat IT.
Ever Since I Came To know about Bitcoin and Other Cryptocurrencies. I was Amazed by seeing such a marvelous economical method of exchanging services, I saw The Beauty of Decentralization.
I Started to Find Various Ways By Which I Could Acquire Cryptocurrencies. In My Journey of Acquiring Cryptocurrencies I made Several Mistakes. So Dear Reader Please Don't Make The Same Mistakes I Did.
Mistake 1: The First Mistake That I had made when I Initially had entered the world of Cryptocurrencies was Investing in Schemes like "Double Your Cryptocurrencies in 24 hours", I GOT CARRIED AWAY and then I saw that the Minimum Investment Amount Was $1. I was still hesitant to invest in it but I gave it a go. The next Day I did receive my Cryptocurrencies (I had Invested DOGE and they returned me $2 worth of DOGE). SO I Invested Once Again. But this Time $2 I was Expecting a $4 of Return in The Next 24 Hours. BUT I RECEIVED NOTHING ALL MY INVESTMENTS WENT INTO WASTE. SO DEAR READER PLEASE DON'T TRUST INVESTMENT SCHEMES PROMISING SUCH RESULTS.
Mistake 2: This wasn't Technically a Mistake I Committed But It could have been one. One Day as I was Surfing Through The Internet I Saw an Advertisement which was About A Bitcoin Generator (NOTE : There is no such thing as a Bitcoin Generator, Bitcoin can only be created in a Process called Mining and using Proof of Work consensus). That Time I was not aware much of the technical information about cryptocurrencies compared to what I Know Today. So I Opened the Generator Website. The Website Prompted Me to select the amount of BTC I wanted to Generate. Then It RAN SOME FAKE CONSOLE COMMANDS. and then told me to deposit 0.01 BTC to pay the miner for the transaction. I Became Suspicious About This I called Up My Friend And explained him The Circumstance. He immediately told me That such Generators are Bogus and are Scamming People. One of His Friend Had also got scammed He Mentioned. I Didn't Make a Mistake like this But I Thought It would be Good To Inform The One Reading this Post About Such Scams and Frauds. DEAR READER PLEASE DON'T FALL PREY TO SUCH THINGS.
Mistake 3: This is one of the Mistake which is the worst Among All. It is trying to Acquire more Cryptocurrencies By Gambling in Games Like Dice, Hi-Lo, etc. Many Gambling Sites are Biased and make you loose all your cryptocurrencies. There are Some Sites which are Not Biased But Still I would say GAMBLING IS A BAD HABIT AND IF YOU GAMBLE, THEM GAMBLE ONLY WHAT YOU CAN AFFORD TO LOOSE. I HAVE NOT LOST A MAJOR AMOUNT OF MONEY BUT. I STILL LOST A CONSIDERABLE AMOUNT. I WILL NEVER GAMBLE AGAIN. DEAR READER THIS IS A MISTAKE MOST OF US HAVING CRYPTOCURRENCIES COMMIT. PLEASE DON'T REPEAT THIS MISTAKE.
THANKS FOR READING
ABOUT THE MISTAKES I MADE
WAS ABOUT TO MAKE WHILE
PLEASE DON'T MAKE THIS MISTAKES
DEAR READER STAY BLESSED, SAFE, AND HEALTHY