Just by the title, I’m sure you get where this post is or will be headed. This is mostly going to be a repetition of a story I’ve told a thousand times already to people that read me. Also, I know the prompt says “tell us one time…” but the experience I’m going to be sharing has been a good teacher to me in more than situation. In fact, ever since I learnt the lesson, it’s become a mantra I live by. Lol
Anyways, enough intro and into the story.
Ponzi schemes….argh here we go again with that one story. Lol hang with me.
Ponzi schemes are known to leverage on people’s desire to make fast money. They promise you an all you can profit investment and (here comes the beautiful part) no risks! First off, it’s important to know that there’s nothing like no risk when it comes to investments, especially investments that promise the unreal returns these ponzis offer. Still, even if they weren’t ponzi schemes, the fact that there’s a bit of uncertainty as to how great a project does, introduces a little margin of possibility of risk.
My experience with ponzi schemes date a year back somewhere in 2021. Worst financial experience of my life so far, wish I never experienced it. But I’m glad I did! Coincidence is that it happened somewhere around this period last year when we were fasting. This ramadan brings back the memories. The memories of the excitement we used to get every time it was time to hop into our all-you-can-profit site and run the numbers up. If you know how ponzi schemes work, you know that I’ll eventually talk about how we got ripped off too. And that’s where the lesson came in.
Honestly, I’m not sure I learnt the lesson of taking things that are too good to be true for face value at the time the ponzi ripped us. I think I knew it all along even then, but the problems was knowing it or hearing many people say it wasn’t enough. I never really had an encounter myself where I needed to apply it to. And it took a ponzi rip off to get me that firsthand experience. Lol an irony.
Ever since that encounter, I wash my hands out of everything that involves I deposit my money for quick unrealistic gains.
I’m still not done with these ponzi schemes of course. I know I sound like a moron and someone who hasn’t learnt his lesson, but believe me I have. Which is why I don’t fuck with ponzi schemes that require that I deposit my own money to start “investing”. This is 98% of ponzi schemes, but there’s a tiny 2% that gives you startup capital to kind of “convince” you that the ponzi is legit snd really pays. So when I say I’m not done with them, it’s not that I haven’t learnt my lesson, it’s that I’ve learnt it so well I’m not risking my own money anymore. I know you might differ in thinking and believe that I’ll get persuaded one time to get back in with my own money, but I guarantee you that is not happening.
The surprising thing about the lesson ponzi schemes taught me is that I apply it in almost everything I do now, bot just money or finances. Love, friendships and other things. A lesson like this will help you spot and beware of love-bombing for instance. Just saying.
Anyways, sticking primarily to the prompt, a more recent case of scam I laughed at and even played around with is a telegram scam. I got messages by two people, one who I suspect got my contact from the last ponzi telegram group I was in, and another from the Hive telegram group. Those are two separate stories, but both cases of scam regardless. 
For the first case, she (I’m assuming they were really their profiles) dmed me about some ponzi and as usual, opened with a sweet unrealistic deal. Of course I love those so I played along😂. Then she tried to convince me they were legit because who would invest in something they were doubting, right? So I was patient enough to let her finish explaining and I dropped the act. Lol she ghosted as expected.
Here’s a funny thing I only just realized now. The guy that tried to scam me of my Hive deleted his part of the conversation and his account itself after I dropped my act. I didn’t notice until today when I went to take screenshots of the conversation for this post. Way to go! From my side of the chat though I’m sure you can fill in the blanks. I had to sound stupid in the way I talk to convince him I was felling for his trick, so you can see that in my texting. I’ll talk about the specifics of this case in another post because I think his tactic is one that many people might fall for, because it’s different from the ones I’ve seen.
If I’m being honest, if it wasn’t for my past experience getting scammed and the lessons I learnt from it, I probably would’ve fell for this second guy, and I’ll tell you why in a later post tomorrow, so stay tuned!
Sorry about the very late submission, guys. I lost track of time thinking ghe deadline was today.
Thumbnail is mine and screenshots are from my telegram account