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Author Topic: Aren't FTX CUSTOMERS Victims?  (Read 286 times)
ferociousbeast (OP)
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December 20, 2022, 06:14:07 AM
Last edit: December 21, 2022, 05:21:47 PM by ferociousbeast
 #1

I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid.  



 
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December 20, 2022, 06:24:03 AM
 #2

I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid. 



 

Low-paying job...$14 an hour?
Dude, are you sure you chose the right place to be pitied?

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mk4
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December 20, 2022, 06:33:37 AM
 #3

On the bright side, I've heard that it's highly more likely for FTX.US users to gain back their money sometime in the future compared to FTX users. So probably don't give up just yet.

On the other hand — why the heck did you leave your hard-earned money on an exchange? FTX/FTX.US ain't a bank.


Low-paying job...$14 an hour?
Dude, are you sure you chose the right place to be pitied?

As far as I know $14/hr is pretty low if you're from the US. Sounds pretty high if you're from a poorer country, but don't forget that expenses in the US are significantly higher as well.

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December 20, 2022, 06:48:16 AM
 #4

I’m sorry for what happened to you. It’s frustrating to have your hard-earned money disappear like that. I hope you do recover it once everything has been aligned and investigated. Do not worry too much and what other people are trying to say because it’s not their story, and do not dwell on it too much. It’s better to focus on yourself and be Better than yesterday.

Maybe you could use some freelance programming and set up something to have another Source of income. Get gigs through different networks or something.

You can get through this, you just need to push through.

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December 20, 2022, 06:54:34 AM
 #5

I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.
One of the most foolish thing about crypto is to leave your money on an exchange, it has taught some people life lessons that they will never forget when they lose high amount of money.

Many people do not know about crypto, that is why they will blame you for believing in crypto like bitcoin, but the right thing is to not trust an exchange and other centralized platforms and to stay away from shit coins.

Sorry for your loss.

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December 20, 2022, 08:35:29 AM
 #6

I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid. 

14$ an hour is by far not a low-end payment. Not in my country, not in many others. So I think that you're looking at the things from the wrong angle. If you feel it's too low, you may want to adjust your spending habits.
And if you have "some skill in programing" I am sure you could look the things up and set up yourself a cold storage if you don't want to invest in hardware wallet.

Loser? I wouldn't say so. You're one of too many and all this stuff has a learning curve you've "missed". Lazy instead? Most probably, since you could have been reading this or that in the past 3 years and understand why keeping your savings in a/any centralized platform can easily turn into a huge mistake. Take this opportunity and at least learn from your mistakes. Get more knowledge and do the things right next time.

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December 20, 2022, 08:43:57 AM
 #7

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid. 
In my country if you are earning $14 an hour then its a good job already considering you are working at least for 8hrs. You should be grateful already for that amount too. Since you have skills on programming, you could increase your income if you venture or work out on some pretty good company giving a lot or bigger compensation. Maybe appreciate what you have cause others are literally struggling compared to you.


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December 20, 2022, 11:49:21 AM
 #8

I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid.  



 

Being a sincerely good person has got nothing to do with making money. If you add value in a particular area, let's say you remain insistent on earning with the programming skill, it will spur you to hone the skill better and make a name for yourself. It is being known for a particular money making skill that actually makes you money. Be great at what you do, no matter how long it has taken, because if you remain consistent, success both in the form of patronage and money will be assured.

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December 20, 2022, 12:27:40 PM
 #9

$14 an hour and your daily salary is like a week of work here in my country. But yeah, you have a low-paying job if you're in the United States. Keep in contact and be updated on your investment since there is a possibility that FTX US investors will be refunded although highly unlikely at 100% and it might take some time.

As for your career, you seem to have a lot of options since you have confidence in your programming skill. You can give it a go and look for high-paying jobs. But if you're too happy with your current job then why not ask for a wage increase? If you continue to explore crypto projects, you might be able to land a job too.

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December 20, 2022, 02:43:29 PM
 #10

On the bright side, I've heard that it's highly more likely for FTX.US users to gain back their money sometime in the future compared to FTX users. So probably don't give up just yet.

On the other hand — why the heck did you leave your hard-earned money on an exchange? FTX/FTX.US ain't a bank.
If they start the refund procedure then likely they will get it but don't think so full amount will be refunded and part payments will be processed if it happens and they recover some funds from the FTX.But that's not happening around in near time if we see it but they can keep hopes but for me those who have funds there have been lost.

Not only him many others have thought FTX to be safe heaven for keeping their funds and some also holds their native token FTT which completely lost it's value and those who like him beleive CEX are safe have big lesson to take from this scam and dramatic downfall and insolvency of FTX and people like SBF have only one motive which is to earn profits out of your pockets.

But I would ask @OP how much total you have lost? See we all learn at some point and no need to feel lile loser because you can earn good profits with knowledge here and then those people will seek advice from you and don't feel demotivated by any wrong comments instead gain knowledge of market.

The $14/hour pay job might be low in your country but people have been living at wage rate comparatively really low in third world countries and still investing in bitcoin keeping their expenses aside so you can manage your expenses accordingly.But you can also develop some skills to gain more high paying jobs with different opportunities and rise your financial status and one more thing you can share whatever you want with this community learning from here as well.

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Plaguedeath
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December 20, 2022, 03:14:11 PM
 #11

Since you have programming skills which is right now many people are really need an engineer, why you're not offer your service in this forum (service section) or through fiver and it's friend? I'm sure you wouldn't get tricked by other people as long as there's an escrow. I know many people or friends usually take advantage from someone who have other skills, you need to avoid such people and dare to say no to them.

Anyway, you need to learn about non custodial wallet and decentralized exchange to prevent his kind problem happen in the future.

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December 20, 2022, 04:54:58 PM
 #12

The people that blames you only do so because they don't have any idea of the difference between crypto currency and exchange itself. You didn't lose your money because it's crypto but that you left it on an exchange which is not advisable as they are not completely reliable. So on that note I sympathize with you in your financial loss.

But for someone that is earning 14$ per hour in his job then I'll say you need be grateful cause calculating 14$ per hour times 5hrs a day (assuming you work 5hrs per  day) that's 70$ an amount which many forum users earn from campaigns for a week, some even earn below that amount and are still grateful. What I can tell you, is to keep up with your 14$ hr job in addition to whatever your programming skills can add to it, cause it better to start with a little than nothing at all.



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December 20, 2022, 08:41:07 PM
 #13

When you already have programming skills and you are still not confident and feel afraid, you have to get up to start building your enthusiasm again. Your job with an income of $ 14 per hour is also a sizable income in my opinion, you have nothing to fear, you just lack confidence. and losing USD on FTX.US is not the end of everything, crypto is not only limited to FTX but crypto is very wide. after the case is over maybe you can get your money back at FTX.US.
and you also need to learn how to store crypto assets properly, so that accidents like FTX don't happen again and you keep all your USD on the FTX exchange. you need a non-custodial wallet that you can manage yourself, your key is your asset

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December 20, 2022, 09:30:11 PM
 #14

There is a say that the downfall of a man is not the end of his life but how long he stays on the ground matters. You have kept your hard earned money in an exchange without knowing the consequence of your action. You have a job that pays $14 per hour, which is a big money when you work for a week FTX crash shouldn't be the lost of hope. You have two ways of making money already, you should continue with your work and use your programming skill to earn and don't work for people that will take your skill for granted.
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December 20, 2022, 09:36:56 PM
 #15

~
For common non crypto dudes, they might call you that, but in here, well....we can only offer sympathy. Shit happens, OP. Just gotta move forward. People experience losses like yours every day, so don't feel too bad for yourself.

About the "job thing", you could try to freelance at least. Try to offer your service in here and see where it goes, but just make sure you have a portfolio to back you up since that's how you would prove that you can program. I would assume you're going for web dev? Try to host your portfolio in Github Pages or Heroku so that people would see and visit your portfolio.
If you want to be paid through crypto in your freelance, I believe LaborX does those, otherwise you can try Upwork.

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December 20, 2022, 10:56:30 PM
 #16

It's a mistake and take it as a lesson, don't be too dependent on what others are saying about you. We all have our life lessons and yours is just phenomenal because of how big the FTX fiasco is.

If you have a programming skill, after working to your day job, make some programs that you can present to your future clients as your sample and make it as your portfolio.

You can do it, you're skilled and you just need to believe in yourself.

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December 20, 2022, 11:00:02 PM
 #17

I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid. 



 
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December 20, 2022, 11:15:46 PM
 #18

Low-paying job...$14 an hour?
Dude, are you sure you chose the right place to be pitied?
My thoughts exactly and it makes me wonder what nation is this user from, lol...

What I'll like to say to the OP at this point is that, OP is doing okay. I think the issue here is dwelling on the past, hoping yo recover what was lost sooner than later but, that isn't going to let it go away. You should just start from where you are at the moment, try buying some more bitcoins and this time, try using wallets in place of an exchange.  Exchanges aren't wallets and should be avoided from saving large some. Be the sole admin of your finance and not have a third party in your business, that's the bitter lesson from FTX and I hope you learned it good.

You've got skill and time @OP, use it.



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December 21, 2022, 12:03:32 AM
 #19

1. You have a skill in programming and yet you're working on a "super low end job?" Yes, the business may need you buy you need yourself more. And it doesn't mean that since you're fairly happy with your current job, you can't be happier elsewhere.

2. If you were looking for "a way to make money," what did you lose, again? Was it USD? Or which crypto was it?

3. You're probably a loser in trusting that crypto that you have, but you're certainly a loser for keeping it on FTX. Bitcoin + self-custody is a much better formula both in terms of security and profit.

4. There are always lessons to be learned. It's just that sometimes it is quite expensive.

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December 21, 2022, 02:16:00 AM
 #20

You made a biggest mistake. You should never trust on any exchange even Binance. Next time I will prefer a hardware wallet.
By the way don't give up courts are trying to recover the finds and it will be given back. (I hope so)
But it can take time, don't know how much time. Because I have an example of Metagox. So can't say anything at this time. Wait buddy. Smiley

R


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