How People lose their money in the Name of Investment by frederickbangs

hive-175254 · @frederickbangs · Oct 16 '20

$4.80

How People lose their money in the Name of Investment

Not everyone understands investment, so a lot of people have fallen prey of bad investment and places to grow their money. I am talking about investment losses that could hold promises of up to 1000% but end up to be either scams or places where the money become less profitable. When money is a factor, there are always people who want to have a share or all of this money without working hard for it or putting in any value, so they take other people’s money (this is scam) and there are people who will be willing to grow their money overnight (this is greed). This two things lead too people losing money but one is inflicted while the other is self-inflicted. In this post, I will be looking at a few things that could lead people to losing their money with the aim of investing to make more money.

### Pump and dump
Common in cryptocurrency and the stock market, a lot of people believe in signals of pumps and dumps. There is a trick to pump and Dump and this is often carried out by people with influence in the market. They buy a particular amount of a stock or cryptocurrency, then they give signals that the stock or coin will get to a particular amount and will want people to invest in it so as to make profit. If people start to buy the stocks/coin, this people start to sell their own portion, thereby leaving people who invest with the tussle of who sells first when it hits the proposed benchmark. This particular scheme has crippled the finance of a lot of people who thought they could make a whole lot of money before the price went down.

![1_hXedargPG8vtryZt8ThEVA.jpeg](https://cdn.steemitimages.com/DQmPuWHpVLm7uQWT2aa7AYBywKjS6pWB5DuHkKUkM4oUBru/1_hXedargPG8vtryZt8ThEVA.jpeg)
[Credit](https://medium.com/blockchain-editorial/how-pump-and-dump-is-executed-6fb4ad0515a8)

### Ponzi Scheme
Ponzi has been existing for a very long time as people are told to invest their money into a scheme that with the aim of getting ridiculously high returns. This schemes do not have an investment bases but promises their victims of a guaranteed interest. At the end, they pay old members with the funds paid by new invitees. If there are people still pumping in money, there will be money shared as the scams make their own money from the share of the money invested by their victims.

![Ponzi+Scheme+Diagram.jpg](https://cdn.steemitimages.com/DQmeJr1ewhDeTkdyATG8NyR7DrPZQ21Pa9eygUcm6sqwy5E/Ponzi+Scheme+Diagram.jpg)
[Credit](https://www.fraudinvestigation.net/blog/ponzi-schemes)

### Investment Seminar Scam
This is very common as people with little or no money claim to be millionaires and billionaires making money by a particular investment and will be willing to tell people or share their secret, they will be selling a particular course or textbook or they will be doing a paid seminar. People would start paying to know this secret but they end seeing that it isn’t what they bargained for.

### In Conclusion
You need to understand that investing requires proper learning and not properly knowing how an investment works can be very detrimental and could lead to loss of money

👍 therising, project.hope, crypto.piotr, eric818, reflektor, minnowbooster, hingsten, majes.tytyty, bippe, xpilar, edgarare1, gunthertopp, supersoju, ph-support, tysler, rishabh99946, protoss20, shortsegments, bigpower, kryptogames, smjn, deathcross, jerrybanfield, vegemitekid, yehey, vlemon, musicvoter, discovereurovelo, vallesleoruther, gandhibaba, accelerator, shaunmza, help.venezuela, ph-fund, carlos84, cyrusemerson, chimzysports, iansart, openmindedtravel, drax, kcherukuri, sp-group, culgin, mowemu, josevas217, gtpjfoodbank, pocket-change, maxuve, fucho80, jack.russelle, e-r-k-a-n, spoke, lastminuteman, achim03, demondantv, uyobong, upme, roadofrich, emiliomoron, olivera-despina, dreimaldad, akdx, tolustx, syedumair, and 183 others

properties (23)vote details (247)

voter	rshares	pct
xpilar	387,193,455,111	7.75%
olivera-despina	14,926,331,260	31%
randomblock1	251,644,283	15.5%
darthnava	1,122,292,061	15.5%
discovereurovelo	63,506,851,795	15.5%
ahmadmanga	277,773,164	15.5%
oleg326756	977,149,467	100%
lastminuteman	17,414,903,478	1.86%
ericwilson	426,707,831	31%
shaunmza	42,960,478,446	100%
nadabrahmasounds	1,116,530,071	15.5%
travelnepal	12,026,329,736	15.5%
gbenga	1,338,339,714	31%
oluwatobiloba	1,645,222,650	15.5%
damla	9,819,008,167	15.5%
lebah	455,371,977	15.5%
pocket-change	23,426,135,596	100%
frankydoodle	1,331,620,368	7.75%
eric818	896,143,073,583	24.8%
danishmmir	11,757,916,514	21.7%
iansart	31,495,647,586	15.5%
stammy	178,981,217	100%
jerrybanfield	105,832,968,980	15.5%
yehey	85,029,163,525	7.75%
samminator	12,623,984,004	21.7%
gunthertopp	234,655,326,118	5.58%
vallesleoruther	57,781,446,509	80%
flatman	336,249,793	31%
openmindedtravel	31,306,558,596	85%
minnowbooster	667,022,953,538	10%
greatness96	1,439,130,778	3.1%
fatherfaith	488,051,674	31%
lenonmc21	3,011,431,648	100%
tfame3865	5,856,971,626	50%
qsyal	286,118,740	15.5%
alexmove	521,284,610	15.5%
syedumair	13,085,507,987	6.2%
hassanabid	3,952,823,149	15.5%
alfredogarc	282,675,204	9.3%
hdmed	786,394,210	31%
nascimentocb	194,844,248	15.5%
accelerator	50,488,418,524	9.9%
vlemon	66,493,034,686	31%
pingcess	872,662,514	6.2%
drax	31,243,150,791	7.75%
majes.tytyty	430,530,889,986	30%
upme	15,974,909,960	15.5%
gtpjfoodbank	24,516,629,723	100%
thetimetravelerz	8,925,692,498	31%
bhoa	881,699,855	50%
carlos84	37,673,849,146	100%
alvinauh	4,960,073,718	15.5%
drags	1,887,948,577	31%
udow	8,391,017,269	100%
mtl1979	227,426,091	50%
siggiboy81	182,523,551	15.5%
suzn.poudel	96,173,786	15.5%
banjjakism	4,090,949,442	12.4%
acdevan	2,319,082,139	15.5%
steeminer4up	67,670,883	15.5%
kcherukuri	31,036,618,121	100%
aquinotyron3	1,535,019,220	50%
mojubare	337,100,245	15.5%
mikitaly	10,833,478,451	9.3%
tolustx	13,110,049,703	31%
zipsardinia	5,885,126,645	15.5%
epicdominic	117,235,285	50%
adncabrera	666,875,421	15.5%
benie111	3,242,783,009	31%
adityajainxds	10,409,572,908	50%
gamsam	190,792,368	24.8%
emjoe	1,199,074,968	15.5%
legoman	3,489,671,863	31%
smjn	115,813,464,301	15.5%
fun2learn	1,016,580,457	15.5%
gandhibaba	53,065,841,696	15.5%
ibad4242	209,883,231	31%
culgin	30,604,152,150	100%
unicron	1,135,630,875	50%
alimehdi244	182,561,363	31%
kimjaguar	1,495,350,283	15.5%
pab.ink	182,696,558	100%
haidermehdi	1,613,592,387	15.5%
leoumesh	413,543,142	15.5%
rbalzan79	2,262,605,616	31%
ramsesuchiha	4,407,969,951	31%
layac13	382,506,954	100%
hazem91	827,518,446	6.2%
emiliomoron	15,013,815,264	100%
cyprianj	118,241,982	100%
jasonwaterfalls	508,787,904	31%
maikuraki	46,472,892	3.1%
suanky	3,847,117,606	31%
joelagbo	5,135,801,118	15.5%
ylich	235,680,413	31%
josevas217	27,396,804,682	15.5%
greendeliverence	337,393,248	100%
supersoju	226,726,941,743	100%
uyobong	16,397,945,510	50%
demondantv	17,010,737,452	21.7%
yameen	3,915,138,844	12.4%
therising	3,960,421,079,885	31%
tiket	1,605,281,529	15.5%
machnbirdsparo	9,804,153,681	24.8%
cyemela	6,801,419,296	31%
dreimaldad	13,878,306,055	50%
soteyapanbot	3,334,016,759	100%
taywilkins	129,974,073	15.5%
broadcast	317,166,943	7.75%
srijana-gurung	6,082,467,365	15.5%
fucho80	21,283,523,985	31%
savagebits	10,356,904,591	13%
automation	77,839,705	7.75%
ritxi	308,196,487	31%
musicvoter	65,195,988,043	100%
crypto.piotr	1,324,733,910,990	36%
jjqf	2,671,250,514	31%
akdx	13,617,614,025	25%
upvotebank	1,517,795,100	15.5%
musiciansupport	1,102,579,334	31%
bdmillergallery	746,878,960	25%
kolkamkwan	193,090,518	1.55%
tysler	158,917,310,968	29.45%
rengus	832,524,942	31%
hardaeborla	3,111,463,391	15.5%
eliorrios	633,322,191	15.5%
council	388,364,813	7.75%
lopzdaniel	1,942,918,253	15.5%
achim03	17,346,254,073	100%
karamyog	2,800,649,363	31%
edacosar	47,282,404	24.8%
andeer	61,881,724	31%
apsalon	61,969,090	31%
shortsegments	146,607,228,435	10%
bigpower	135,421,329,794	7.75%
cyrusemerson	35,786,147,198	100%
amart29	4,067,561,117	15.5%
vegemitekid	95,303,449,306	100%
deathcross	114,936,537,409	100%
spoke	17,478,233,529	24.8%
belkisa758	3,855,072,020	31%
alokkumar121	2,630,123,448	7.75%
mariluna	360,665,497	15.5%
tangela	1,699,499,336	31%
n1hal	1,967,563,835	100%
unbiasedwriter	11,054,575,350	3.1%
ojerinde	597,156,295	15.5%
berthold	2,015,116,896	30%
besheda	255,968,213	15.5%
janettyanez	4,377,880,960	15.5%
sarkash7011	822,967,752	15.5%
sp-group	30,907,032,232	100%
stowaway	92,145,099	100%
budapestguide	2,361,944,846	15.5%
erarium	2,162,311,973	100%
glastar	1,320,554,014	3%
straighttalk	545,179,889	15.5%
edgarare1	317,494,375,696	100%
ferrate	7,636,731,056	15.5%
healthexpert	404,965,918	15.5%
angelik-a	92,056,643	15.5%
mintymile	1,821,786,295	100%
reflektor	781,299,005,647	7.75%
drazeus	1,209,594,304	15.5%
bippe	397,022,305,912	7.75%
e-r-k-a-n	18,685,678,478	10.85%
hingsten	455,773,510,660	7.75%
robinsonr810	1,792,137,992	15.5%
maskuncoro	949,348,293	15.5%
schachoberhessen	2,405,758,428	100%
help.venezuela	42,224,662,447	70%
newton666	2,142,053,554	100%
schach	1,611,756,450	100%
beingrahul	1,012,352,538	15.5%
kryptogames	120,248,493,719	31%
hundemama	1,637,521,366	100%
happyvoter	4,080,711,060	100%
lammbock	4,042,789,865	100%
reeta0119	2,820,561,120	15.5%
angstgegner	578,160,966	100%
walterprofe	810,743,683	15.5%
zeruxanime	110,232,924	15.5%
roadofrich	15,454,093,760	24.8%
tomlee	539,549,398	15.5%
lord-of-fire	731,441,655	100%
chimzysports	33,644,343,584	100%
co2fund	900,432,478	9.3%
dcinside	606,614,674	15.5%
team007	1,133,375,948	15.5%
project.hope	2,773,049,760,694	31%
krl	88,019,214	100%
maxuvd	6,728,112,498	11%
maxuve	23,405,159,797	9.5%
crazysailor	1,394,378,615	31%
jenna16	2,534,414,108	100%
mowemu	27,926,006,659	27.9%
simplex-world	5,064,377,048	31%
ph-fund	39,275,981,015	31%
jgb	123,795,712	23.25%
lotto-de	2,740,865,888	30%
jack.russelle	19,631,881,289	15.5%
tariqul.bibm	122,716,066	31%
wer-gewinnt	4,235,944,648	100%
hope.venezuela	97,271,597	31%
stevespeaks	1,400,411,720	15.5%
awah	5,780,872,978	15.5%
photosnap	514,585,896	6.2%
marblesz	1,713,684,392	31%
im-ridd	75,083,632	12.4%
ellaella	65,278,971	23.25%
romanforever	65,989,581	100%
jarrel	103,358,750	24.8%
tuborgbeer	65,912,092	31%
rishabh99946	155,889,645,560	100%
doppley	5,555,395,873	31%
frederickbangs	587,319,748	15.5%
ben-edom	665,847,616	15.5%
eni-ola	771,442,272	15.5%
papa-mensa	494,598,599	31%
steem.rise	1,873,304,620	24.8%
crypsteem	377,294,602	7.75%
benson224	229,761,050	15.5%
hosseinrad	7,108,995,351	31%
anfaenger	1,806,763,046	100%
saarlaender	368,156,534	100%
flowerspictures	408,309,815	5%
protoss20	154,255,166,766	15.5%
mccoy02	2,810,514,389	50%
lovveday	307,957,362	15.5%
unyime	251,835,663	3.1%
vhenom	219,727,634	25%
melanur	564,605,625	31%
talktofaith	7,048,193,298	50%
beckie96830	5,314,941,051	15.5%
isabellta	412,511,473	7.75%
ph-support	197,265,788,323	36%
blackstar12	12,100,606,774	100%
alexbalan	217,450,424	23.25%
ezvote	7,889,134,309	1%
ezcurate	187,183,431	1%
yhitsgregg	201,148,438	31%
punicwax	4,417,017,410	15.5%
sauravpanthi99	121,121,031	15.5%
swapapp	119,410,652	31%
steemit-pak	6,475,333,789	15.5%
dabeerahmed	652,532,939	15.5%
auc	584,480,542	15%

`post_id`	88,038,718
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