How This Guy lost $50,000 because of crypto mistake
It was in 2016 when he started hearing his college friends talk about how to make money online from his PC and of course his interest ticked
But he tried it and he couldn’t make a lot because his laptop was bad and stopped doing it however he continued to listen to crypto news
Around 2017, he started to hear about how LTC was going to go up and so he put in thousands of dollars into buying LTC when it was around $30 to $50
He said that Around that time, people started talking about ”not your keys, not your coins”. So, he decided transfer his LTC coins into a paper wallet and left it
This turned out to be bad, since he was still in college and had to constantly move and change rooms, he misplaced it when making space in his room.
LTC went up and hit $400 in 2018, which would have met that his investment would have been worth more $50,000
When it comes to keeping your own coins, it’s important to have a safe place to store your password or wallet to avoid mistakes like this.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
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