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I want to start this, my first post on PUBLISH0X with how my journey in the world of cryptocurrencies began.
I started hearing about Bitcoin back in 2016. It sounds far away, but it looks like it was yesterday. He worked as an administrative manager in a real estate company where he managed the company's finances and managed real estate for the owners. My boss at the time, who was the company's general manager, told me about Bitcoin.
I remember that he made operations through LOCALBITCOINS and told me to invest because then it was going to be impossible to enter. Neophyte at last, I never understood anything, I thought he was crazy and would lose his money. How many of us don't ever think like that?
It was not until September 2017, when I met a good friend who was linked to the world of cryptocurrencies because he participated in the creation of the Petro in Venezuela (he left the project when he understood that the government would control the currency and that it would use it for social control). He put me in touch with a group that made investments in HYIP platforms (High Yield Investment Program) with very good results for them, yes, for them, I will explain later.
They rented a small auditorium in a cafe and there they gave talks, showed their accounts on the different platforms where they had money invested, made withdrawals of their profits in real time and showed the transactions when the withdrawals of the different cryptocurrencies reached their wallets. There I went crazy, I literally hallucinated because I thought that's what cryptocurrencies were all about and I remembered what the one who was my boss had told me a year ago. Nothing could be further from the truth. At this point, I borrowed $100.00 and invested them in Westland Storage, an investment platform that promised to pay 1% daily lifetime interest earning its income from the real estate market. For every dollar you invested you acquired 1 square meter of one of the properties they managed. In addition, they had a referral program with which you would also earn interest on their investments.
So far it was going very well. I had invested 0.013 BTC and had recovered 60% of my investment when I registered my first referrals who invested USD $300.00 in Bitcoin. As a result of your investment I received my first referral fee, but, I was never able to collect it. That week Bitcoin had lost 50% of its value and the platform stopped paying.
It was quite an uncomfortable situation, because we did not know the risks and unfortunately we all lost money.
Then, still without knowledge about cryptocurrencies, I invested USD $ 20.00 in EthTrade, another investment platform that allowed to earn dividends with compound interest and had a complex referral system that I will not explain because the point is that on this platform I did not even get to charge once, because I also stopped paying and here I had already dragged my wife who also lost money.
I understood that I could not continue to lose more money and began to study about Blockchain, Bitcoin and learned about Ponzi or pyramid systems. So I started tracking new HYIP investment platforms, because if I invested since its launch, in the short term I could recoup the investment and hopefully make some profit before the platform stopped paying.
That's how I met Zonders. Another HYIP platform, this time, contacted support from Telegram. By that time I had a channel on Telegram and YouTube with some subscribers. In those channels I talked about my investments in those platforms, I talked about the risks involved in my investments and I also talked about those platforms that looked like scams and others that were. Returning to Zonders, through the Telegram chat I told them that I had some channels on social networks where I could promote their platform and make them win investors, so I got them to create a free account on their platform with 0.02 BTC, with the condition that I could not withdraw the capital but the profits yes, every 48 hours he removed 0.00054000 satoshis. I was charging without investing until the platform stopped paying.
My advice:
Do not invest money that you are not willing to lose, review projects well before making decisions, read white papers, educate yourself.
Since 2017, the universe of cryptocurrencies has evolved, and with it, the ways of defrauding and also the ways of making money also evolved.
See you out there...
