#CryptoMistakes
3 Crypto Mistakes I Made — So You Don’t Have To
Cryptocurrency is exciting, but it’s not all quick gains and moonshots. Like many new investors, I made avoidable mistakes early on. Here’s what I learned — so you don’t have to learn the hard way.
Mistake 1: Buying from FOMO
I chased hype and bought when prices surged, driven by fear of missing out. The result? I consistently bought at the top.
Lesson: If it’s trending on TikTok or Twitter, it may be too late. Always do your own research and wait for better entry points.
Mistake 2: Overlooking Gas Fees
Once, I sent $20 worth of crypto — and paid $48 in gas fees.
Lesson: Always check transaction costs, especially on networks like Ethereum. Consider using lower-fee blockchains.
Mistake 3: Not Taking Profits
I watched $40 grow to $320 on a meme coin… then back to $5 after a rug pull.
Lesson: Take profits on the way up — even just a portion.
What I Do Now
I use stop-losses, review my portfolio weekly, focus on utility-driven projects, and invest with a long-term mindset.
Your Turn: What’s a crypto mistake you’ve made or avoided? Share in the comments.
