My Journey to Financial Freedom; From Ponzi Schemes to Steemit.

in steemit •  7 years ago 

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Driving down memory lane, i looked back at life before steemit and life before i got a little knowledge of crypto. Looking back at how i've strived to be financially independent.
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As a young lad, i ventured into several schemes and programs in a bid to be financially free. One of those program is High Yield Investment Program( HYIP)

HYIP are investment scam that promotes unsustainably high return on investment by paying previous investors with the money invested by others ( robbing Peter to pay Paul). This was a means of livelihood before discovering most of this schemes are fraudulent and scams. Truth be told, a few of this schemes was a blessing to the smart ones but most of it defrauds investors of their hard earned money.

I was a victim to some of these schemes and also a victor to a few but these schemes were not dependable since there is a very high risk of losing your money. I invested in these schemes probably because i was ignorant of cryptocurrency and also in dire need of financial freedom. Since i have no vocational skills and also being a student, this was quite an easy way of earning.

My knowledge of cryptocurrency started with one of this schemes called Mavrodi Mondial Moneybox(MMM) a ponzi scheme where you invest a certain amount of bitcoin and earn 50% increase in your bitcoin after a month. The scheme was okay fo a period of time but later ended up as a scam around November 2016.

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Fast forward to this year July, I heard of Steemit from a blooda @gbenga who told me i can actually mine the crypto Steem by posting my views on things. I was reluctant at first since writing was not my strong point but on attending the Lagos-Steemit Hangout i was fired up trying to put down what i can. The journey has been rough but I've been riding under the wings of notable steemians, blossoming under the canopy of their love and support. Though I haven't earned much on Steemit but i know i am climbing on the right tree to financial freedom.

Asides an opportunity to financial freedom, Steemit has given me an opportunity to express my self through writing( steemit has unleashed the writer in me) keeping me busy at a time when i needed to be busy as a result of my institution strike action.

Thank you Steemit for the opportunity!!!


Feel free to upvote, comment and resteem my post. Thank you for reading.


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Hahahaha...I can relate to this post. Hopefully we would get that financial freedom. Nice post

We definitely will, all we need is persistence, hardwork and working smart.

Goodluck and welcome here on steemit :) I got scammed too with these HYIP Ponzi Schemes, well lets just put that behind and Steem is the future.

Thanks @vallesleoruther. Steem is definitely the future.

Yes it is the best platform so far that I have been a part of, learning something new and I even started to write. haha

It is indeed the best platform. Steem on @vallesleoruther

Good article

Wow really nice!! i upvoted you!

PD: for all steemians on this post... follow me and i follow you bros! check my content ( rare information about this world)and join me in this world of steemit :D

Lovely! I will resteem this later on

Thanks bro. I'm glad you like it.

Good article, i like

Thanks rismanrachman

Hello @harbysco, I am enjoying your amazing words on this writing. Thanks you very much yoi wrote an inspirational wrting which motivated me in writing on steemit. I am following you. Keep writing. Regard from Aceh, Indonesia.

I'm so glad you like it. Thanks for reading.

I am waiting for you to follow.me back, becoz i need to be yoir friend, and I can read your post.

You following my brother is good but it will be best by following me too, I'm already your follower.

I have followed you back.

Brother, this is one of those post, I was going to write in the nearest tomorrow

Feel free to write bro. Our view on HYIP are different.

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By this post, you really got at me.

Really? Will you mind sharing?

It will be a subject of article on it's own