They call us OGs now. Back then, we were just apes with WiFi and dreams of lambos ๐ฆ๐๐ญ
Iโve been rugged, dumped on, hacked, and humbled.
Here are 10 mistakes that nearly wiped me out โ and might just save you from burning. ๐ฅ
1๏ธโฃ โค๏ธ Fell in Love with My Bags
Held $ETH from $100 to $4,800โฆ and all the way back down ๐
๐ป Mistake: Believing every project is โthe oneโ
โ Fix: Have a sell strategy. Take profits. Love your future more than your bags.
2๏ธโฃ ๐ข Chased Green Candles
Saw $SHIB mooning ๐ Bought the top. Instant regret.
๐ป Mistake: Buying hype without homework
โ Fix: If TikTok is hyping it โ itโs probably too late.
3๏ธโฃ โฝ๏ธ Ignored Gas Fees
Spent hundreds on failed NFT mints during ETH gas wars ๐งจ
๐ป Mistake: Not understanding network conditions
โ Fix: Time your transactions. Use L2s or cheaper chains when possible.
4๏ธโฃ ๐ง Trusted Every โExpertโ
Followed a Twitter thread into a rug ๐
๐ป Mistake: Thinking confidence = credibility
โ Fix: DYOR ๐งช Always. Even โinfluencersโ get rugged.
5๏ธโฃ ๐ฒ Went All-In, All Wrong
Dropped 6 figures into a memecoin with vibes. Got rugged in 3 days ๐ธ
๐ป Mistake: No diversification, no logic
โ Fix: Spread risk. Emotion = exposure.
6๏ธโฃ ๐ Ignored Wallet Security
Clicked a fake airdrop. Bye-bye portfolio ๐ญ
๐ป Mistake: Treating hot wallets like cold storage
โ Fix: Hardware wallets only. Trust nothing. Sign cautiously.
7๏ธโฃ ๐ฐ Traded on Emotions
Panic sold during dips. FOMO bought on green days ๐คฆ
๐ป Mistake: Letting fear and greed take the wheel
โ Fix: Stick to your plan. Zoom out. Crypto = chaos if you react too fast.
8๏ธโฃ ๐งพ Ignored Tokenomics
Held a token that unlocked 95% of its supply in 60 days ๐ฌ
๐ป Mistake: Didnโt read the vesting schedule
โ Fix: Study supply mechanics, emissions, VC unlocks. Donโt get dumped on.
9๏ธโฃ ๐ช Stayed in My Comfort Zone
Ignored NFTs, DeFi, and new chains. Thought they were fads ๐คทโโ๏ธ
๐ป Mistake: Thinking old-school = safe
โ Fix: Explore. Learn. Experiment. You donโt have to ape โ but donโt dismiss early trends.
๐ ๐ฐ Treated Crypto Like a Casino
No plan. No tracking. Just vibes and hopium ๐
๐ป Mistake: Gambling, not investing
โ Fix: Treat crypto like a business. Track everything. Manage risk. Play long-term.
๐ฅ TL;DR โ I Paid So You Donโt Have To
I made millions. I lost more. And every lesson cost real money.
But you? You just had to scroll.
๐ Save this. Share it. Revisit before every bull run.
Your future self will thank you ๐ฏ
#BinanceSquareTalks #Web3Survival #Cryptomistake #CryptoTip #ETHBreaks3700