Remember the fairy tale about free 10% per annum in crypto?
So, this is not a fairy tale. It's a horror story.
Sit back — I'll tell you how I almost fell into a trap but managed to escape.
Scene one: me and my 10 coins in a bear market
So I was sitting on a bear market.
Around is blood, fear, panic. And I… am taking the coins.
10 pieces. I studied each one under a microscope.
Goal — x20 in a bull market. Plan — hold until victory.
Risk management? Yes, there is.
Money management? Present.
Even if 1 out of 10 coins takes off — it's already profit.
And the others? Even if it's a scam — I'll exit with minimal losses.
Because I have the coins, I control them.
This is a game with a positive expectation.
Yes, it's not for the faint-hearted. But it's my game.
Scene two: Staking. Or how to give up control voluntarily
And now let's imagine that I decided to go the 'smart' way.
Like I put everything in staking on the exchange.
Almost felt like an investor on Wall Street.
But there's a catch…
My coins are no longer mine.
They are now the property of the exchange.
And the exchange is not a bank, brother.
The bank at least has some guarantees, regulators, laws.
The exchange is like a dealer around the corner:
as long as there's profit — it's nearby.
And when the smell of something burning comes — look for the wind in the field.
And the cherry on top:
In staking, you also lock your coins.
Want to get out?
Isn't it too late?
Exchange scam?
Problems with withdrawal?
Urgently sell?
Ha-ha. Not today, friend.
And all this — for some 10-15% per annum?
Seriously?..
You're risking everything for a yield that even inflation in Turkey could overshadow.
Isn't this foolishness?
(Rhetorical question. But if you're still in doubt — reread from the beginning.)
The bottom line, my friends:
Staking is an illusion of control.
It's as if you're managing assets,
but in reality, you just put on digital handcuffs.
You give up freedom for scraps.
You're turning a live, flexible strategy into a brick.
And the market, meanwhile, does not wait. It rips.
And when the right moment comes — you won't be able to hit the 'sell' button.
Because 'your funds will be available in 58 days'.
And now a personal conclusion:
I won't fall into this trap again.
Neither for 10%, nor for 100%.
Better to control your assets and not sleep peacefully,
better to sleep peacefully, but without assets.
P.S.
If you still believe in magical staking — well, go ahead. The world should know its heroes.
And if you liked it — hit like, send it to a friend, save it.
If you didn't like it — well, I've gotten used to it.
Until next time. We'll live. Without staking.
Your crypto-psyche