I'll tell you the story of how I invested in a crypto scam and came out not rich, but with a 4X on my investment.
It all started when I heard about a new crypto project, at that time I really thought that cryptos
would revolutionize the world.
The project is called Wise. If you stake your tokens for 10 years you'll be rich. I like to invest in the long term, this project appealed to me.
Before the launch of the project, I bought my tokens.
As I did not know anything about crypto staking, I inquired and found an article that talks about this project as a scam.
Technically, the project is not feasible.
From there my eyes are opened, and I decide not to stake my tokens and to sell them at what I think is the highest 2 days after the launch.
I'm so happy, I get my money back plus four times my investissement, without realizing that I escaped a Ponzi.
The founder made millions, and the skeptical early investors like me left early and got their money back but the rest lost their money.
Investing your money is not supposed to be gambling or taking money from the person below you in the pyramid.