While growing up in the cryptocurrency industry I have had my own fair share of losses while engaging in ponzy scheme believing that they were legit, not knowing that they were all fraud.
So since then, I believed that anything virtual currency online are fraudulent.
This is similar to what I experienced as well, just about a year before I started cryptocurrency stuffs i fell for a ponzi scam where i invest small amount initially then after a few weeks i was paid more than double of my investment, so i did it couple of times and everything went well then i decided to put in all i have i then discovered everything has crashed and my money is gone. So since then, I believed that anything virtual currency online are fraudulent.
Ever since then I didn’t believe in all this kind of things and i felt crypto was the same until my brother explained it to me better. We all have our past experiences getting into crypto which is something we should learn from.