facebookShare with us the most horrific memory you've had in your personal finance and investing journey that you can never forget till today! What was yours? - Seedly

Advertisement

Clara Ng

Clara Ng

Level 11Β·Community Manager at Seedly

25 May 2021

βˆ™

Random

Share with us the most horrific memory you've had in your personal finance and investing journey that you can never forget till today! What was yours?

Halloween Giveaway 2020 T&Cs - https://seedly.sg/c/halloween-giveaway-2020

Discussion (21)

What are your thoughts?

V

Victor

25 May 2021

Level 8Β·Financial Service Consultant at AIA

I believed in Hi p but trade war came and I hodl till delisted, lost about 1k....

2 years back, curious about owning and buying stocks, i bought Ezion stocks for a few hundreds. Months later it suspended trading and presently so. :D

For crypto, i got myself into this Dragonglass ultility tokens. Their plan as to use these tokens in their own ecosystem (to-be-developed games. for its Initial Coin offering, one has to buy the dragonglass token using Eth, and i started with Coinbase. I was surprised at the amount of trasaction fees needed which i later learned that i could set it loer for slower processing Coinbase defaulted it to a faster processing rate and hence higher cost. Bought some dragonglass token through the ICO and there were regular updates in the telegram channel. I stop following the channel and years down the road, i wondered why i hadnt seen any updates. The CEO prevented members from writing messages in the telegram group. i couldnt find any news online about what happened to it and i messaged him directly. Unexpectedly, he replied, saying that the funds from the ICO has been used up for development and "we were operating for a long time actually". Almost a year and a half i guess.

i didnt spent alot on it, but i was absolutely stunned at how the company disappeared silently.

Just copying what other people are buying without doing my own research. Get in and out at the wrong point for wrong reasons.

Not doing fundamental/technical analysis and intrinsic valuation.

Jeslyn

Jeslyn

28 Oct 2020

Level 2Β·Chemistry and Biological Chemistry at Nanyang Technological University

Yes i have a horrific memory in my personal finance and investing journey, which have impacted not o...

Read 18 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Sign up or login with an email here

Write your thoughts

Advertisement