The world of cryptocurrencies offer a unique challenge for a lot of people who want to improve their finances but don't exactly enjoy diving deep into this domain.
It's usually complicated for the noob. There's a lot of cognitive load on most users to perform simple tasks such as managing their wallets, private keys, sending and receiving cryptocurrencies, long-term wealth succession planning etc and it does create a lot of confusion.
Source
Especially when our goal is to maximise profits and minimise risks. However, we are probably doing it right 99/100 times but an error or two occurs every now and then. Also, many we may lose access to our keys due a hard drive failure, theft of our devices amongst other real world issues.
But today let's do a quick multi-choice poll and see what Steemians have to say about their loss of funds.
ICO Investments
Forgot or misplaced your private keys
Exchange or wallet hack
Investment in Shitcoins
Investment In Ponzi or MLM type scam
Allowing someone to manage your investment
Lost keys due to HD failure or Theft
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Forgot or misplaced your private keys
(30.77%)
8
/ 26
30.77% Complete (success)
Investment in Shitcoins
(19.23%)
5
/ 26
19.23% Complete (success)
Lost keys due to HD failure or Theft
(15.38%)
4
/ 26
15.38% Complete (success)
ICO Investments
(11.54%)
3
/ 26
11.54% Complete (success)
Exchange or wallet hack
(11.54%)
3
/ 26
11.54% Complete (success)
Allowing someone to manage your investment
(7.69%)
2
/ 26
Investment In Ponzi or MLM type scam
(3.85%)
1
/ 26
