. ๐ Buying the Top (FOMO Disaster)
In 2017, I bought BTC at $20,000.
Soon after, it dropped to $6,000.
Why? FOMO.
๐ Lesson: Buy when others are fearful, not when theyโre greedy.
2. ๐ Holding Zombie Coins
I held cool-sounding altcoins with zero utility.
They disappeared.
๐ Lesson: If itโs dead, dump it. Donโt get emotional about your bags.
3. ๐ฐ No Profit-Taking Plan
My portfolio 15xโed in 2021.
I didnโt sell โ waiting for more.
It crashed. I walked away with only 2x.
๐ Lesson: Take profits in parts on the way up.
4. ๐ฏ Going All-In on One Coin
I bet everything on a hyped Layer 1.
It vanished in 3 months.
๐ Lesson: Diversify.
Balance between DeFi, AI, Infrastructure, and yes โ even memes like $PEPE.
5. ๐ Weak Security Practices
Lost 40% to hacks and phishing.
๐ Lesson:
Use hardware wallets
Enable 2FA
Never click random links
And yes โ try connecting safely via #And yes โ try connecting safely via #WalletConnect! 6. ๐ฅ Blindly Copying Influencers
I followed a trader with 500k followers.
Lost 70% in one month.
๐ Lesson: DYOR.
Influencers are often paid to shill, not to protect your money.
7. ๐ช No Exit Plan
In every bull run, I waited for โjust a little moreโ.
Every time, I gave it all back.
๐ Lesson:
Set price targets. Stick to them.
Have an exit strategy before FOMO hits.
8. โ๏ธ Reckless Trading Habits
I used leverage without stop-losses.
Got liquidated. Cried. Repeated.
๐ Lesson:
Never trade without risk management.
Use stop-loss. Only risk what you can afford to lose
9. ๐ Ignoring Macro Trends
Inflation was up. Rates were up.
I stayed in. Crypto crashed.
๐ Lesson:
Follow economic trends.
Crypto doesnโt move in a vacuum.
10. ๐ Quitting Too Soon
I sold all my BTC in 2015 at $300.
Thought it was over.
It was just beginning.
๐ Lesson:
The ones who win? They never quit.
