30 dollars became 10 dollars / myLot

India

May 4, 2023 12:58am CST

I am at a Site where we are paid in cryptocurrency. And I have a BCH wallet. I had deposited 30 dollars to be converted to fiat currency a long time ago but could not get a suitable mode to do it I just recently managed to withdraw that amount and could not believe that the value had dwindled down to 10 dollars in a matter of 15 months Not a huge amount but it is only when I saw the amount in my BCH wallet that I realised that I had lost so much. Wonder what the plight of those who invested huge amounts hoping the price will rise I only wanted to convert and had no plans to invest. Are you into cryptocurrency? Image credit:https://commons.wikimedia.org/wiki/File:Bitcoin_Cash.png

11 people like this

11 responses

Anna

@LadyDuck (460235)

• Switzerland

4 May 23

I bought small amount of crypto currencies in the past, but I sold a long time ago. I am not sure of their future as the government are talking about create government crypto and regulate the market.

2 people like this

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Always smiling

@allknowing (130292)

• India

5 May 23

@LadyDuck I have earned quite a bit both at noise cash and bmf. My problem was converting BCH into fiat currency They always produced a QR code which I had to scan I only have a feature phone but finally I got my nephew to open a BCH account and I sent him my earnings He now converts them and credits them to my account

1 person likes this

Always smiling

@allknowing (130292)

• India

4 May 23

I did not buy but earned BCH regularly. Converting it to Indian Rupees was the reason for the delay but the rest I was able to.

1 person likes this

Anna

@LadyDuck (460235)

• Switzerland

5 May 23

@allknowing I wanted to join BCH, I tried a few times and I always had problems with the log in. I decided to do nothing.

1 person likes this

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rakski

@rakski (112925)

• Philippines

4 May 23

I would like to but it is difficult for me to understand it.

2 people like this

Always smiling

@allknowing (130292)

• India

4 May 23

It is as simple as myLot almost.

2 people like this

rakski

@rakski (112925)

• Philippines

7 May 23

@allknowing maybe next time I will try again

1 person likes this

Amber

@AmbiePam (85909)

• United States

4 May 23

I have never messed with cryptocurrency. I just don’t trust it.

1 person likes this

Always smiling

@allknowing (130292)

• India

4 May 23

I had issues converting them to Indian rupees and had sent a bit to a Site hoping to do it but got stuck there. Later I could and apart from those 30 dollars the rest I was able to convert. I cannot say it was a mess as I did earn quite a bit

1 person likes this

solxee

@sol_cee (38222)

• Philippines

5 May 23

Oh wow, do you want to invest more?

1 person likes this

Always smiling

@allknowing (130292)

• India

5 May 23

I have not invested anything. That is what I earned writing.

Rhonda S.

@misunderstood_zombie (8142)

• United States

5 Jul

I always thought it would be very hard to know when to sell stocks, bitcoins and other items.

1 person likes this

Always smiling

@allknowing (130292)

• India

5 Jul

In his case I was stuck with the 2FA issue and it was just a deposit I had made and wanted to withdraw .

manoj

@manojari (114)

•

5 May 23

one of my colleague has also invested in bitcoin its totally waste of time and money

1 person likes this

Always smiling

@allknowing (130292)

• India

5 May 23

Please note I have not invested. I earned through writing and I had issues with procedures to convert to fiat currency

Jenaisle

@Jenaisle (14079)

• Philippines

4 May 23

No, I've never tried it because I had expected this to happen. I don't trust online transactions such as this. No matter ho attractive it appears to be at the onset.

1 person likes this

Always smiling

@allknowing (130292)

• India

4 May 23

Had I found a mode to convert then I would not have lost. But the balance I was able to and earned quite a bit.

1 person likes this