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RE: The Truth About Mark Lyford and Banx

in #introduceyourself10 years ago

Always good to be told by a total stranger who does not know me from Adam

Your word is worth zero because it seems that only person you have talked about this case has been Mark

Reality is I made an investment decision with eyes open. I can go and beat myself up about doing better due diligence; about asking for more information; about not talking to enough people; and, and, and. That is done - and added to lessons learned for the next investing idea I choose to follow.

As an investor, I am now interested in working to get something back. (I will share the investment amount if the community thinks that adds value to the debate. It is a number that negates "worth zero" words. )

There is no value to me about mouthing off in public what should have and could have happened.
So I have chosen a different path to what many other people have chosen. I talk to the man. I share ideas with the man. I challenge his thinking. I tear ideas down and I help build up new ones.

I will support the new business ventures, if they make sense to me. And the ones I like I will promote to my community. And if I discover that it is not going to work, I will walk away from my investment and tell the world that I have done that.

So far my actions have earned me the $1,100 in Steem that you can see from my first post https://steemit.com/introduceyourself/@carrinm/introducing-mark-carrington-author-and-entrepreneur-frustrated-blogger-investor-and-fitness-fanatic (lessons learned from SteemCash) and two people have bought copies of the same Steem Cash report through my affiliate link. Some way to go to get my money back and to support a man trying to do a proper rebuild.

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I lost over 70k at MT Gox because it went down and I was unable to get my money out for a very long time. I understand frustration when things go south.

Sounds like you are a man that understands the risks he takes and doesn't blame others for his choices.

Bang on. When push comes to shove, we are ultimately the last port of call in all the choices we make. I feel your pain about Mt Gox - the latest Bitfinex loss of $63 million has been spread across all exchange users - OUCH! When the dot com crash hit in March 2000, I lost $20 million which was 100% out of my control - a sobering lesson. All my fellow shareholders lost $10 billion. Words of "zero worth" do not do it for me but the lessons were hard earned - nothing ventured nothing gained

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