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Author Topic: How to lose your funds  (Read 217 times)
KonstantinosM (OP)
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May 08, 2020, 02:57:19 AM
 #1

Here's a quick how to lose your funds guide.

1. Keep your coins at various exchanges rather than your own wallets.
2. Send large amounts of crypto to unknown people who you've never had business with and who have no presense in the space.
3. Be as disorganized as possible with your backups, ideally you shouldn't even have any backups, if that hard drive fails, your funds dissapear too.



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CryptohunterX
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May 08, 2020, 03:52:32 AM
 #2

At I try to earn more money
This thread tell me how to think your money useless  Huh   Grin
michellee
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May 08, 2020, 06:28:39 AM
 #3

Many ways for you to lose your funds. Here are a few more:

1. Send your funds to me Grin
2. Donate your funds to charities (this is not actually lost)
3. Trade with all-in
4. Invest in scam projects.
5. Losing your private keys by coincidentally.
6. You don't remember where you save your funds.
7. Buy unnecessary things that you don't need.

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bdbountyon
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May 08, 2020, 07:22:26 AM
 #4

How do you figure it out a SCAM project? If a project shows too good to be true. Check project's advertisement slogan. Check twitter activities of any project you think suspicious. Don't submit your KYC to ever project. Avoid untrusted and low liquidity exchange. Do your own research before investment.
mocacinno
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May 08, 2020, 07:26:54 AM
Merited by KonstantinosM (2)
 #5

One more for your list: when betting on dice rolls, research the martingale betting method. Use it and then complain that it's impossible to roll losing rolls 10 times in a row... The casino *must* be a scam...  Roll Eyes

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Naida_BR
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May 08, 2020, 09:26:15 AM
 #6

Here's a quick how to lose your funds guide.

1. Keep your coins at various exchanges rather than your own wallets.
2. Send large amounts of crypto to unknown people who you've never had business with and who have no presense in the space.
3. Be as disorganized as possible with your backups, ideally you shouldn't even have any backups, if that hard drive fails, your funds dissapear too.




I keep my coins both on my own wallet but also some of them are in Binance.
I know that there is a possibility that an exchange can be hacked but keeping them on the exchange helps me to make my trades faster and with no deposit withdrawal fees. Trading is a risky activity and this is something that relies on it.
Nellayar
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May 08, 2020, 11:12:20 AM
 #7

Here's a quick how to lose your funds guide.

1. Keep your coins at various exchanges rather than your own wallets.
2. Send large amounts of crypto to unknown people who you've never had business with and who have no presense in the space.
3. Be as disorganized as possible with your backups, ideally you shouldn't even have any backups, if that hard drive fails, your funds dissapear too.



I dunno what's the purpose why do you need to lose your funds. Because many people are assuming to have fund, crypto or token in this industry. It just an irony that you OP, is suggesting to waste your funds from your wallet. If you have many funds, the best thing to do is give it to the people who desires and need it.

Mttewndew
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May 08, 2020, 12:59:31 PM
 #8

Thanks, these are really good ways! Cheesy
I would add to this list - the use of little-known crypto services.
Jawhead999
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May 08, 2020, 02:25:49 PM
 #9


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Subbir
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May 08, 2020, 02:41:44 PM
 #10

Here's a quick how to lose your funds guide.

1. Keep your coins at various exchanges rather than your own wallets.
2. Send large amounts of crypto to unknown people who you've never had business with and who have no presense in the space.
3. Be as disorganized as possible with your backups, ideally you shouldn't even have any backups, if that hard drive fails, your funds dissapear too.




I keep my coins both on my own wallet but also some of them are in Binance.
I know that there is a possibility that an exchange can be hacked but keeping them on the exchange helps me to make my trades faster and with no deposit withdrawal fees. Trading is a risky activity and this is something that relies on it.

Yes I keep my money in my wallet and use Binance. Binance may be a excellent site to stay your currency safe there's no fear of losing albeit you are doing it during a messy way while exchanging here. Therefore, if we practice the market well the quantity of loss are going to be less within the case of Binance the funds will never be less and there's copy.
kotajikikox
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May 08, 2020, 03:22:21 PM
 #11

Why would people do the same ?have you tried doing those?if not then stop telling how to be stupid  Grin

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May 09, 2020, 10:48:07 AM
 #12

people often lose money due to careless in storing or accessing crypto assets that they have.
boyptc
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May 09, 2020, 01:53:17 PM
 #13

I'll add.

And this is base from what I have read mostly for newbies.

Using a very unfamiliar and new exchange. They'll ask and come by asking if these exchanges are legit and if the crypto they have deposited can be returned.

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peter0425
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May 09, 2020, 01:57:23 PM
 #14

Here's a quick how to lose your funds guide.

1. Keep your coins at various exchanges rather than your own wallets.
2. Send large amounts of crypto to unknown people who you've never had business with and who have no presense in the space.
3. Be as disorganized as possible with your backups, ideally you shouldn't even have any backups, if that hard drive fails, your funds dissapear too.



Thanks for sharing mate i would definitely try all of those  Grin Cool (is there a bonuses if we lose.out funds doing these?)

Thanks, these are really good ways! Cheesy
I would add to this list - the use of little-known crypto services.
So you will also try to apply?let's make a challenge who is gonna lose first hahaa


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May 09, 2020, 10:39:27 PM
 #15

It is not a very difficult task to do, if you want to lose all your funds just send them to my wallet, it will be considered as an encouragement to the newbie  Wink

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May 11, 2020, 08:22:03 AM
 #16

I know people who forget where they store their money. Or those who send money very casually. As a result, this money does not reach the desired address, because they were sent to another. I don’t understand how this is possible. After all, your money depends on it!
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May 11, 2020, 03:25:05 PM
 #17

One of the best way you can lossin your fund
Just send your fund in my wallet Grin

There have many ways you can loss fund see below:
1. Invest in fake project.
2. Show your wallet info by another person.
3. You can trade without skills.
4. Send your fund by unknown wallet.
5. Called scammers.
6. Click fis mail and put your private key.
7. Donate other people, who never back you.
I hope one of best was go your wallet then put my address and send my wallet.
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May 12, 2020, 09:02:55 AM
 #18

Here's a quick how to lose your funds guide.

1. Keep your coins at various exchanges rather than your own wallets.
2. Send large amounts of crypto to unknown people who you've never had business with and who have no presense in the space.
3. Be as disorganized as possible with your backups, ideally you shouldn't even have any backups, if that hard drive fails, your funds dissapear too.




Sounds good to me too Smiley

Never use own wallets
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