A Financial Advice that ended with a rug-pulll.

Because of my background knowledge in finance and the fact that I got into Crypto earlier than a lot of people around me, I often find myself in situations where people ask for my opinion about things related to money, finance, crypto, and investment as a whole.

When I'm in such situations, I always make myself available to assist in any way possible because I want the best for people and if all it takes is my time and knowledge of finance, then, I'm all-in to help make things easier.

Well, during my early days in this, I was still working in the marketing unit of a bank and I had some colleagues who worked alongside me in the unit. When they got to see how informed I am about Cryptocurrency and all, they started to ask about "the next big thing in Crypto".

They were asking for something they could get into and become millionaires overnight. As a newbie who was making some bucks from Crypto, I picked a few projects and shilled the living hell out of that. Remember, I was in the marketing unit. So, my ability to shill stuff is always on point. Haha.

It didn't take a while for them to show interest already. I brought them onboard a platform that was built as a SocioFi project. People on the platform get to write and earn their token which was built on Eth Blockchain.

It didn't cost a penny to operate there. So, my colleagues and I were breaking ourselves in half each day to consistently do stuff over there. They consistently operated their account for 6 months and each of us was anticipating the coming of a bull run so we could cash out huge rewards.

To be fair, I was the one that had higher anticipation. They wanted to cash out their earning on several occasions, but because the token was built on Ethereum, I genuinely didn't want them to spend everything on gas fees. I was ready to cash out during the bull run. So, I convinced them to do the same.

Surprisingly, just when a mini bull run was around the corner, the founder of the platform drove the price of the token down to 0, pulled a huge scam on folks, and rugged the entire platform.

Oh, my!

That was one heck of an experience!

Each of us struggled to accept that reality.

I felt really bad for convincing them to get into the project because that rug-pulll experience completely clouded their perception of Cryptocurrency as a whole. They didn't blame me for anything. They understood that I was also affected by the scam. However, the fact that they didn't even blame me somehow made me feel worse about the whole experience.

I didn't feel at peace. I had to invite them over to my apartment that weekend. We cooked well-spiced chicken that day, enjoyed the moment, and prepared ourselves for the next big thing. The next big thing for me was to take a deeper dive into Crypto. However, they called it quits and haven't been able to fully recover from that loss.

What they both lost is not as much as what I lost, but that's the case for another day. The devil is in the details. Hehe.

After that incident, I remember telling myself repeatedly that "I won't tell people what to do with their money again". If someone wants to sell or buy and needs my advice, I will give it. However, I won't tell you to buy this or sell this at any given time.

Thanks For Not Missing Any Full-stop or Comma.
_{Thumbnail Image is taken from Unsplash
This is my entry to the Final Week of The Thinker's Corner Challenge.}