Victim of Rug Pull

[Nomad]

Have you ever been a victim of Rug Pull? How much money did you lose to Rug Pull? Thankfully, I have never been a victim of any kind of rug pull, and I will never become a victim because I know what to watch for.

 

[Alex]

I can echo what you mentioned in your topic. Never been a victim, but seen some of these "shi*" tokens that have generated a lot of hype and trading volume for the "memes" being pulled. I generally research the token or coin and wait for it to be established before investing. But whatever the case, even ETH, I'll only invest what I can afford to lose.

 

[Henrywrites]

I can echo what you mentioned in your topic. Never been a victim, but seen some of these "shi*" tokens that have generated a lot of hype and trading volume for the "memes" being pulled. I generally research the token or coin and wait for it to be established before investing. But whatever the case, even ETH, I'll only invest what I can afford to lose.

Being patient is very important. It will give you the time to make a proper investigation about a particular coin before deciding to make your investments.

 

[Heatman]

To the best of my knowledge, I believe that the coin SHIB is a Rug Pull. I feel victim to it. I had invested about $2000 in it but unfortunately it's almost nothing now as I have lost almost all the value.

 

[Henrywrites]

To the best of my knowledge, I believe that the coin SHIB is a Rug Pull. I feel victim to it. I had invested about $2000 in it but unfortunately it's almost nothing now as I have lost almost all the value.

Is it similar to what happened with the FTT that the major guys ran away from?

 

[Heatman]

Is it similar to what happened with the FTT that the major guys ran away from?

I believe that it was the same case too with the coin FTT. Although, I never invested in it as I was being pushed by fellow investors and it turned out to be a good decision on my part.