I’m broke! Lost life savings Bitcoin (Not Asking Money)

in #bitcoin4 years ago

Lost Bitcoin! I felt the sky landed on my head, the earth moving faster, I can’t breathe.. black black… Everything becomes black for a few moments I guess. Nothingness.
I’m broke! Lost life savings Bitcoin. Lesson learned by losing all of it. I wish none of you lose anything by making similar mistakes, cause I know how it feels to be financially broken.

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Having one full Bitcoin has always been a lucrative dream for me. This started back in 2017, I have started earning cryptocurrencies through giveaways, airdrops, and bounties. As time goes, I learned more about Bitcoin and its potential possible value. I was dreaming to accumulate at least one full Bitcoin and hold them until 2025. Soon, I understood this way it’s impossible to get that amount of BTC. So I aim for something big and got rekt by some masternode scams. Not to mention, I was trapped by the high ROI staking/masternode rewards and lost most of my earnings in late 2018. Well, I felt like death and broken as fuck for the first time. The amount wasn’t big for most of you, but since I’m living in a third world country, 0.4 BTC is really huge to me, it can feed me over eight months.

Fast forward a few weeks, I got my mental stability back and started working again.

I won my first biggest giveaway paid in Bitcoin was $500 worth at the winning time (if I remember correctly). Won some altcoins too from airdrops and bounties. The largest bounty amount in a single token was $770 worth when I traded. With all the effort, I was able to gather $900 worth BTC after cutting my expenses. Still, a long way to go to make the dream come true.

April 2019, I made the hardest decision of my life and put all my bank savings in Bitcoin using LocalBitcoin. Converted other crypto earning to BTC and put all of them in a single wallet. When I got one Bitcoin it was worth around $5300 USD.
I thought I wouldn’t touch that fund until 2025, but the scenario has changed due to the COVID-19 pandemic. Everyone is affected by the pandemic and so does I. I made an even harder decision again, that I’m going to spend my saved Bitcoin.
I got shocked when I tried to restore my wallet using the 12-word phase. Mismatch!! I got a real shake somewhere inside my chest, saying wtf. Ok I tried once again, and it shows incorrect error. I felt the sky landed on my head, the earth moving faster, I can’t breathe.. black black… Everything becomes black for a few moments I guess.

I give it a couple of tries again and got the same result. I asked myself, why this happening wrongly? Either I wrote words incorrectly or somehow mixed the word serial. Whatever, My BTC has gone away forever leaving her memories with me. Now all I have is this screenshot which I sent to my sister to show off. I’m totally broke now, everything feels like blank, nothingness.

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What was my fault?

Deleting the wallet from my device was my first mistake. Second mistake I didn’t cross check everything before delete it. Third, I wrote the 12-words in my diary, should have written at least one more place, so I might know what is missing in both.

What lesson I have learned:

  1. Never put all funds in one wallet
  2. Always double check secret words and verify before deleting the wallet/data
  3. Never invest all savings in crypto.
  4. Save secret keys more than one place

Why I’m writing this and sharing it on the internet?

I’m writing this just to reduce my frustration, get inspired with some positive comments. I’m no way intended to get funds from others. Your mental support will make me strong again to start all over again. But still want to buy me a beer? Go ahead: 15TBr8D2VvJMJC7eBU56CBWVXLFthcJtnF
Thank you for reading with patients.

This article first appeared on Medium blog by the author. You can check it here.

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