I entered the cryptocurrency industry at the end of 2013 and have made six major mistakes so far:
1. I bought 8 million Dogecoins in 2014 and cleared them all at a low price at the end of that year (didn’t hold on to the coins)
2. In 2020, 312 liquidated its position with two hundred Ethereum and one Bitcoin (all purchased at low prices in 2019)
3. At the end of 2018 and the beginning of 2019, I set up an iron line to buy the bottom when Bitcoin fell below 3,000, but I ended up going short.
4. In the middle of 20 years, I sold Ethereum to invest in real estate (sold for more than 200 US dollars, and bought it back for more than 300 US dollars later)
5. In 2022, I didn’t have time to keep an eye on the market, and I didn’t enter the market when Ethereum fell below 1,000.
6. I didn’t liquidate a certain small coin in 21 years, which resulted in the current price of that small coin almost falling.
If you can reduce one mistake, you can save hundreds to tens of millions of dollars compared to now.