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I first got acquainted with Bitcoin when the social media manager of a Singaporean crypto exchange, Hodlnaut, contacted me and asked if I wanted to be an influencer for them. Since Bitcoin was still in its prescient stage in my country, I managed to benefit by striking while the iron was hot. An article I shared on a personal finance site went viral, which helped me secure quite a fair bit of referrals.
Through these referrals, I secured some sats, which was roughly equivalent to a newly minted graduate's starting pay.
But I then did something imaginably foolish. I never bothered to withdraw my sats from Hodlnaut. Hence, due to the Luna crash in 2021, Hodlnaut folded its operations because it had invested quite heavily in the Luna shitcoin. My affiliate rewards went Poof! Gone!
Well, Hodlnaut recently sent out an email. It seemed that customers could file a POB (Proof of Debt) application with it.
Each creditor was given a unique link to file his claim. I indicated that I needed to reclaim my digital assets.
Had to include the amount of BTC I had left on the platform.
Together with the Consolidated Statement of Account and Transaction Summary, I filed my application.
Well, I'm not sure if I can gain back anything, honestly. But I have regarded this episode of my life as water under the bridge. If I can get back a couple of thousand bucks, I will consider it as lucky money.
Remember the ageless lesson not your keys not your coins!
24 sats \ 2 replies \ @flat24 22h
I once read that "learning from mistakes is good and if not yours is much better" thanks for sharing this experience.
Without a doubt, a great lesson to learn.
Of all the super powers of Bitcoin the auto custody would say that it is undoubtedly one of the three most important.
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Indeed
I think SN made the right move towards being a self-custodial platform, even though it was painful for all of us to pivot. More independence is always good
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0 sats \ 0 replies \ @flat24 12h
More independence is always good
I totally agree. 🤝
It's even something that helps us be more alert and attentive.
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24 sats \ 1 reply \ @grayruby 23h
Hope you can get something back. Best of luck.
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Thanks mate
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The referral part is so on brand for @cryotosensei, the king of referrals, coupons, and discounts~~
Hope you'll get some back. Good luck!
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60 referrals on SN. I don’t even know how I get them these days since I don’t promote SN on my social media anymore haha
Thanks!
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What's your average daily return on those referrals? Used to be decent, no?
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I hope you manage to recover even a little, so you don’t leave anything for them. They need to pay, even if you acknowledge it was your mistake to trust in the 'kindness' of exchanges. I’ll use your story and several others I find whenever someone thinks they own bitcoins just because they use exchanges.
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if your coins live on someone else’s server, you’re already in line to get screwed. glad you’re still here, hope you get at least a little back.
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the powerful double whammy of assmilking and shitcoining lol safe to say many of us have been there!
earlier in my btc journey i had all my btc on nexo and was using their crypto debit card but when all the cexs started crashing, i pulled all my shit and went cold storage forever,
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