This person gives a real world tale of his own experiences while trying to ride the “crypto-boom” of 2017. He gives an account of his own personal actions and the ensuing downfall surrounding him and his finances.
It’s good to see the error of his ways. He’s come to grips with his losses and financial loss but he hasn’t given up. Never giving up on life is a great take away from his experience.
I myself have put small iterations of funds into the cryptocurrency market starting in August of 2017. My losses of course were nowhere near his but I did get to learn of a new social media platform called STEEMIT.
Please read several publications regarding Tong’s troubled circumstance:
Financial Post article
Tong, unfortunately, lost over $400,000 CAD of his life savings after moving his money into cryptocurrency on a Canadian exchange named QuadrigaCX. He traded the cryptocurrency for the Canadian dollar equivalent and tried to transfer the proceeds to his Canadian bank account. This transfer never occurred and now QuadrigraCX is no longer in business and Tong has lost his entire life savings.