We Never See Nothing

Everyone seems to be telling Crypto stories at the moment so I thought I’d give it a go. I’d been thinking of buying BTC since 2017 but life got in the way, rent, children etc. Fast forward to March 2020 and the pandemic, I now proudly own 2 whole BTC!

I am from a poor background by the way and maxed out a credit card borrowed from relatives to initially buy, I grew up in debt and have lived my entire adult life in debt, so far.

I then decided to research the whole eco-system to work out how best to protect and maximise my investment, I had become really exited with my investment and 100% believe(d) it would save mine and my children’s life, literally.

I initially came across some invaluable advice online, I did the usual, used a little profit to invest in a H Wallet, put a small % of coin into an interest account, created a small portfolio of reputable alt coins and buckled up for a long Hodl!!

Then I got bored waiting and rather than sell my beloved BTC I decided to try to earn more fast. Like I said before, money is tight and bills started piling up.

I started watching trading videos, specifically videos from the ByBit mafia, BitBoy, MM Crypto, That Martini Guy and The Moon, that was the beginning of the end for me. I found myself believing their daily updates and using more and more leverage to chase losses after a small initial win.

Long story short, I am now down to 0.013 BTC ($650) and a small bag of ALTs which I now have to sell to pay off some of the Credit Card bill, at one point my portfolio was worth more than $100,000

I have fallen into depression, I cant get the thought of knowing that I had changed my life for good only to toss it away through my own actions. Worse still, at my age its almost a forgone conclusion that I will never see money like that again in my life. Greed is definitely a killer.

This is not a pity post, This is a warning to everyone out there, DO NOT trade BTC, its too precious to lose, HODL, don’t be an idiot like me and hand it to Billionaire vultures.

Also, F**k all of these YouTubers, do no listen to them. The have fake accounts supplied by ByBit where they are trading with fake funds, they earn all of their money from referrals, scan their trading screens and you will see discrepancies.

Just hours earlier toady The Moon (AKA Rat Boy) posted a video saying he thinks BTC may drop to 40k imminently, wtf?!! Talk about scaremongering, newbies like myself believe that sh*t. He also ended the video by saying BTC could also go up tonight but kinda skipped past that bit!!

Also MM Crypto, 2 days ago he’s shouting that BTC will go to 70k and then 100k rapidly. Todays video? “This is very dangerous for Bitcoin”. !!! I stopped listening to them weeks ago but YouTube seems to think that I want to see them on my feed still.

My theory, ByBit instruct their ambassadors on what to say and at what time in order to cause volatility and create trading fee revenue, usually on the weekend.

If this was not the case, why would they plaster all of their trades all over the internet for everyone including the Tax man to see? Unless its fake money on their trading screens. These guys boast that they are Deca Millionaires but stream 2-3 times everyday begging for likes and subscriptions?!!

More fool me, but they all need to be stopped.

Anyway, I know all of the above is my fault and no one else’s but if I can stop at least one other person from falling prey to these vultures then my loss would feel a little less painful.