I invested six figures in a gaming company and lost 90% of it
I invested six figures in a gaming company.
I lost 90% and ended up disappointed.
Hereโs what happened:
In November 2023, I visited a gaming company in my hometown, building a platform with its own token.
I saw many good signals:
๐ Strong plans for launches in Q1 or Q2 of 2024
๐ A founder with a clear vision and ambition
๐ Lot of smart answers to all my questions
๐ 200-300 hundred people already hired
However, a few months later, at the beginning of 2024 year, the negative rollercoaster began.
The founder stopped answering my messages.
Their employees havenโt been paid in months.
They were not releasing anything as planned.
Token value started to go down.
I made the wrong investment decision.
And the founder wasn't the only one to blame.
I had to take a look at myself as well
๐ญ. ๐ ๐๐ฎ๐ ๐ผ๐๐ฒ๐ฟ๐น๐ ๐ฒ๐ ๐ฐ๐ถ๐๐ฒ๐ฑ
I got very excited about the project.
I got very excited about the founder.
I saw a ton of potential in their token.
Too much excitement.
๐ฎ. ๐ ๐๐ฎ๐ ๐ด๐ฟ๐ฒ๐ฒ๐ฑ๐
Once I got hyped about the project, I wanted to buy more and more.
I bought my target investment in the market and then kept buying. I couldn't stop buying.
I bought it for family members and friends. I invested six figures, hoping it would multiply by 100x.
๐ฏ. ๐ ๐๐ฎ๐ ๐ฏ๐ถ๐ฎ๐๐ฒ๐ฑ
I kept the token for a while, hoping the price would recover. It never did.
I wanted to trust where there was no basis for trust. and lost clarity.
Recently I sold the token at a ~90% loss.
Remember:
We donโt see things as they are, we see them as we are, or as we want them to be. This makes things harder than they need to be. Today, Iโm sharing my story, hoping youโll not have the same experiences as I did.
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