The football index Ponzi scheme

I played it briefly. Earned about 9 quid on Haaland whilst he was at Salzburg and linked to Dortmund. Football survivor (prediction league) also went bust and I lost 70 quid in the pot from that. Administrators contacted the users and I filled a claim form in but never heard anything back since.

There's an F1 NFT litterally about to start and I taking part in another game that could go t1ts up.

Wasn’t even aware this existed. Probably just as well as I’ve had a bad enough year with crypto.

No more high risk investing for me.

comment by palmers_spur (U8896)
posted 34 minutes ago
Wasn’t even aware this existed. Probably just as well as I’ve had a bad enough year with crypto.

No more high risk investing for me.
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That stuff is a fackin mindfield in itself

comment by Vorsprung durch Tuchel (U1641)
posted 4 hours, 6 minutes ago
I don’t think victim blaming the users is a look. The article states how legitimate the whole enterprise was or at least appeared. Running since 2015, multiple agreed sponsorships with EFL clubs and partnerships with names like Guillem Ballague and John Motson.

The whole argument about who was regulating the service between the gambling commission and the financial conduct authority was happening behind closed doors.
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Some people just enjoying looking wise after the event. Or portraying an imagine whereby they never make a mistake or do anything daft.

Personally I do daft things every now and again, have no issue admitting it. That’s part of living as far as I’m concerned.

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Well I didn’t invest loads. Probably around £10k It went to about £25k but now sitting at about £4K. Easy come easy go I guess.

Main ones were ETH, ADA, BAT, LUNA (lost £1k on that overnight), SOL, DOGE…

Maybe it will go up again in time but for now I’m just leaving it.

Do you have any?

Comment Deleted by Site Moderator

Through individual stocks mate. In hindsight I wish I’d sold last December but I was (am) always in it for the long term do I was never going to sell. Of course you can sell the highs snd but the dips bit in reality it’s tricky to know when to buy/ sell.

In a way the crash brought me down to earth. At one point I just wanted to pour all my finances into crypto because I thought it would only go up, which of course would have been stupid. So although I’ve lost money (although my losses are unrealised), ironically the crash hasn’t been all bad.

I’d never give advice about what to do but I’d say investing a small amount to see where it goes can’t hurt. Besides, prices are quite low at the moment, although who knows, they may fall more.

I do think in the longer term it’ll go back up again but not at the crazy levels it has done in the past two years.

The pandemic ruined it, in hindsight they should have put a clause in for what happened during the pandemic to suspend any payments till it was resumed again.

comment by The Hybrid Doos (U10416)
posted 1 hour, 38 minutes ago
The pandemic ruined it, in hindsight they should have put a clause in for what happened during the pandemic to suspend any payments till it was resumed again.
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If the pandemic had not hit...would this thing still be alive..?