$PEPE

There are many real stories of people who lost money in cryptocurrency trading due to ignorance or greed. Here is one of them:

The Story of Steve, the Passionate Investor

Steve was an ambitious young man from the United States, working in the field of marketing. In 2017, cryptocurrencies such as Bitcoin and Ethereum began to achieve an amazing rise, and everyone began to talk about the imaginary profits. Steve felt that if he did not enter this world, he would miss the train of quick wealth.

Steve quit his job and withdrew his savings of $ 100,000, then borrowed another $ 50,000 from the bank. He invested all of this in cryptocurrencies without any real experience or understanding of the market.

Initially, Steve saw huge profits when the price of Bitcoin rose, until it reached $ 20,000 by the end of 2017. But instead of selling his profits, he decided to keep them in the hope of more.

At the beginning of 2018, the market collapsed sharply. Bitcoin and other currencies fell dramatically in value, and by the middle of the year, most of Steve’s investments had evaporated. He eventually lost more than 90% of his money, and was unable to pay off his debts.

The story was a harsh lesson for Steve, but he came out of it with a deeper understanding: financial markets, especially cryptocurrencies, carry great risks, and investing without knowledge or planning is a sure path to loss.

This story has been repeated by thousands of people who chased dreams without study or awareness.