Specific crypto investments currently skyrocketing (
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Early retirement, private-island life and then Plan B booster - the Monzo IPO in 3… 2…
#longtermplanshowingsignsofpayingoff? 
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So it is… Bitcoin up around 200% in the last 12 months, though still slightly below its all time high.
What’s driving this recent rise?
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Demand side: US Bitcoin ETF approval in January 24 was a catalyst and then subsequently a resounding success, one of the most successful ETFs launches ever in terms of inflows (demand shock).
Supply side: the halving happens in April 2024 which cuts new Bitcoin issuance in half (supply shock).
Combine them both in a general tech bull market backdrop and legacy issues forgotten results in number goes up. It’s just how high and for how long? Bitcoin is cyclical…
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My specific crypto assets have collectively increased by 72% in the last 2 months. Yes, 72% 
Long may it continue. Mortgage-paid-off-early achievement still locked.
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Suitable for people who wants to know more about “Bull Run” 
Let’s see if you can pull it out without having your Monzo account frozen 
Seriously, good for you! I’ve been salty about Crypto since being scammed for mine (my own fault entirely for falling for an “Elon musk” double it giveaway scam)
It wasn’t much, like 0.00015 of a coin or something, it’s forever in my coinbase as a remind of my stupidity
Probably worth at least a couple grand these days
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I bought crypto through CoinBase a few times last year, no problem with my 
account 
Still, mainly using Revolut for crypto related transactions 
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Maybe it’s just all the “I withdrew from X and Monzo closed my account” on /r/monzo make me jaded, but you never get the full story
I decided Crypto wasn’t for me after I was greedy and stupid
I accept it was 100% my fault, I never stopped to think, even after all the block Coinbase put in front of me at the time, greed took over. I then realised about 5 minutes later it wasn’t real…
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To whom ever removed the photo…. Thank you. Didn’t realise it had potentially sensitive info in it? I thought it was all publically viewable on the blockchain?
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I didn’t see the photo. But blockchain shows the wallet addresses and transaction details, it doesn’t show who owns that wallet or any personal information.
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That’s what I thought, the photo of the transaction was there, Either way, I was very dumb to do what I did at the time
Don’t beat yourself up. When I worked in IT security I saw very knowledgeable people fall for phishing emails, crypto scams, etc.
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The important thing is I learned from it
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What exactly happened? It’s very confusing trying to work it out.
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A tweet from “Elon Musk” stated he was “giving away crypto” if you sent it to him, he would send back double, I thought “I don’t have much, what’s the worst that could happen” - I used their Wallet address in coinbase and sent what was £150 worth of Btcoin at the time, the website this was on seemed very convincing at the time, I skipped all the usual checks I would do (whois) as I was feeling greedy and sent it. Only after the dopamine wore off did I realise it was all fake
BTC was worth about 8K at the time in September 2019
I was very much a crypto noob
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Oooh yeah I’ve had those tweets before but luckily I spotted it was fake right away, and I have no crypto anyway lol.
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This pains me to read!
Although when I was younger I mined like 10BTC when it was worth next to nothing ~2014 and I remember giving like 5BTC to some random dude on the internet who said he pay me ~£1,000 (Didn’t know how much it was worth) at the time which I was like hell yeah I got this money for free! Little did I know that was going to be so much money now 
But hey at the time I had a great time with that money lol
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I fell for a very similar scam a few years ago from a website purporting to be Marvel related. It was around the time of a new film coming out. Sent the coins before realising it was fake.
C’est la vie. You only make those sort of mistakes once.
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I had a similar story with XRP token “giveaway” in 2019 or early 2020 
Was naiive and sent a few thousand XRP. Within an hour realised that it was too good to be true, but was too late 
Did report that website to real Ripple, but they didn’t cover my loss 
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