This is a thread I've been meaning to start for a long time now, but offline activities haven't really been giving me the chance and time to really commit myself to this forum, but so far so good, I did love to read individual stories of how we found our way into crypto, trust that alot of us may have; from interesting, to fascinating circumstances that lead us into our crypto discovery which today, we are perhaps, proud of being part of.
HERE IS MY STORY... -
warning - it's a long read. It all began in 2015 with my desperation and quest to make money from online, and then, the rise of MMM in Nigeria and other African countries, for those who perhaps, don't know what MMM is, read about it
HERE.
I jumped on MMM after being referred to it by a friend, I moved from MMM Nigeria (30 percent interest per month) to MMM united (100 percent interest per month), I made profit for two months of my participation in the ponzi scheme, but I reinvested everything and by the third month, MMM crashed and I lost every single penny I had invested which was my life savings, back then, I was working for a company where I was earning approximately $10 to $12 per month (using today's NGN/USD exchange rate).
About a week later after MMM crashed, On our group on telegram, the dude who referred me and every other person to MMM posted saying there was a new update, that there was a new ICO coming up and big profit is guaranteed, several of us knew nothing about what he meant by ICO, but he won't explain because there was no time, he simply told us that every person interested in investing should send $10 or more worth of naira to his bank account details which he provided, he said he will convert the money to dollar himself, and invest in the ICO for each of us and keep a record of how much each of us contributed, so that he knows how much to pay each of us when the profit comes, we saw him as a mentor so there was no reason to distrust him, and over all, we were all desperate 😭.
So, we sent money to his account and filled a Google form providing the details of each of our transactions, I had no money and had to borrow $10 worth of naira to make sure I invest In that ICO hoping i would easily pay back when the profit comes in, or I will manage to pay from my salary.
Update came that the mentor have successfully invested in the ICO and showed us prove, we were all happy and became hopeful again after what MMM did to each of us.
A month later when the ICO (name of project was Kuwait coin) was supposed to come to an end, bad news broke, the Dev has vanished with our hard earned money 😭😭😭, I felt like crying myself to sleep and never waking up again, $10 for me back then was like $10 million, and worst of all, I borrowed this money, how was I going to pay back when me and my family (a wife and a daughter) can hardly feed well from my little salary? I broke down and cried like a baby.
About three days later, picked myself up and decided to move on, meanwhile, our supposed mentor have stopped communicating with us on his group after announcing that the ICO was a scam, possibly he was disappointed too and felt he has failed us, since after my research much later, I discovered that the ICO indeed existed, and it turned out a scam just as he had said.
Meanwhile, during the process of investing in the ICO, I came across a word which stuck in my mind, and that word was
"Cryptocurrency", I began my search from there.
After about a week and managing to get over the ICO scam shock, I went to Google and type "what is cryptocurrency".
From that search, I found the forum we all are familiar with "
Bitcointalk", I spent more than 3 days reading about bitcoin and cryptocurrencies on that forum in my free time, I finally understood a bit and felt the need to own some bitcoin, but I can't for some reasons...
-1- I had no money
-2- Converting fiat to dollar or crypto directly was a complicated process I do not understand, and won't even risk it even if I had the money to buy bitcoin at the time.
I began to search how to earn bitcoin for free, this was when I came across freebitco.in, I signed up on the site and started Fauceting for free bitcoin every hour, I earned bitcoins worth over $30 (at the time) from this site, and this was how I began my journey in crypto.
I later registered on bitcointalk, and started participating in discussions in my quest and desire to learn more about cryptocurrencies in general, I learned that it's possible to trade cryptocurrencies and make profit, after studying the subject for a while, I decided to withdraw my $30 bitcoin from freebitco.in, signed up on poloniex exchange which was then, the largest crypto currency exchange in the world - this was around 2016, I deposited the $30 worth of bitcoin on the exchange and started my journey on crypto trading, the Experiences from here is a story for another day, but so far so good, I am very proud to be in crypto today, I now have 3 beautiful daughters who gives me joy, plus my wife ❤️, we are not rich yet but we are living very well, me, together with my wife have achieved much more than we ever have dreamt of before I got into crypto, and all thanks to God, and Satoshi nakamoto for bitcoin, and cryptocurrency in general.
So, how about you? How did you join crypto?... 🤔