*I’ve been in crypto for 12 years…
Here are the painful mistakes I made (so you don’t have to)
*Learn from my scars, not your own.*
*1. Chasing Green Candles*
*I bought BTC at 20k in Dec 2017... then watched it crash to6k.*
→ FOMO is a killer. The market rewards patience, not hype-chasing.
*Lesson:* Buy fear, sell greed. Always.
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*2. Holding Bags to Zero*
*I held “promising” altcoins until they literally vanished.*
→ Projects with no real use case or devs will eventually fade.
*Lesson:* Don’t fall in love with your coins. If fundamentals die, so should your position.
*3. Not Taking Profits*
*Watched a 15x portfolio gain turn into 2x in 2021 because I was “waiting for more.”*
→ Greed blinds logic.
*Lesson:* Take profit in stages. No one goes broke securing gains.
*4. Going All-In on One Coin*
*I went all-in on a “game-changing” token. It rugged in 3 months.*
→ Overconfidence leads to disaster.
*Lesson:* Diversify across sectors — DeFi, L1s, AI, etc.
*5. Ignoring Security*
*Lost 40% of holdings in exchange hacks and phishing scams.*
→ The worst pain isn’t losses from trades — it’s theft.
*Lesson:* Use hardware wallets trezor 2FA
*6. Copy Trading Influencers*
*I followed a “top” Twitter trader. Lost 70% in a month.*
→ Most influencers profit from followers, not trading.
*7. No Exit Plan*
*In every bull run, I held “just a little longer.” Lost almost everything each time.*
→ Without a plan, emotions take over.
*Lesson:* Have defined price targets or percentage goals to scale out.
*8. Trading Without Stop-Losses*
*Tried margin trading without risk management. Got liquidated.*
→ Leverage is a double-edged sword.
*Lesson:* Always use stop-losses and risk less than 2% of portfolio per trade.
*9. Ignoring Macro Trends*
*Didn’t sell in early 2022 even as interest rates soared.*
*Lesson:* Monitor Fed rates, inflation, and global liquidity.
*10. Quitting Too Early*
*In 2015, I sold all my BTC at $300 thinking it was over.*
→ The biggest gains come to those who stay.
