It is yet another digital prompt from the digital community, and this time we are going to delve into the unforgettable oopsies, focusing on a financial mistake or more of a financial blunder that backfired in multiple folds. But not necessarily multiple folds, rather an action you regret to date. I have to put it out there that this prompt stuck with me, in fact, not only the prompt but the entire statement, which says:
Before the digital era, we were doing all transactions in cash and face-to-face, but now, every payment is just a click away. Tell us about that financial mistake you made digitally. Perhaps wrong transactions to the wrong people, or sent airtime to the wrong person, or probably bought more airtime than intended, mistakenly.
Fairly speaking, we have all evolved from the time when we used to make payments in person with cash. I even remember how I used to follow my mom to the ATM just to withdraw cash, as there was no POS outlet for easy cash withdrawals like we have today. I guess some day we will talk about these POS outlets and how their rapid presence came all of a sudden, for now I will dwell on my worst financial blunder. As a crypto enthusiast, there are several financial blunders I have made in the past. So it is not shocking that I decided to join this prompt. I believe every crypto trader or investor out there, for sure, has a story or two to tell when given the chance.
My financial blunder goes way back to 2022 when I decided to make a P2P payment for crypto on the Binance app. In Nigeria, banks have been restricted from getting involved in crypto transactions or facilitating them for their numerous users. So if you are a crypto enthusiast like me and you want to get in on the crypto action, your best bet or option is a P2P trade. When you make a bank transfer to the seller's bank account in exchange for the crypto, that is, if you are buying and if you are selling, you do the reverse.
On the Binance app, back then, before the whole saga with the Nigerian government, P2P trading was made available for buyers and sellers. Moving forward to the story, on this faithful day, I wanted to make some crypto investment, so I opened the Binance app, moved to the P2P section, and searched for a seller with a transaction history. I found one, and it was time to make the transfer, but for some weird reason, my bank's network was messing up badly, taking time before it would open. To date, I do not know if it was my bank's network or my mobile network.
Sadly, I didn't know that the P2P transaction has a countdown of 15 minutes before the app automatically cancels the trade. I finally made the transfer, but it was too late to go back to share the transfer receipt; the trade had been cancelled. This was a huge blunder on my part as I was completely oblivious of the countdown time. I began to chat with the trader personally on WhatsApp in hopes of getting my money back. Gracefully, I did the next day, even though I still lost the money in trading crypto, but I have heard of stories where the person never gets their money back. I guess I was lucky. Ever since that day, I have made sure to check the countdown before making a transfer. Well, that's one of my many unforgettable oopsies.
I am 
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