Not gonna lie - I’ve messed up a lot in crypto. Some Ls were small and others hit like a truck. So here are 3 things I wish someone told me when I started.
Mistake 1: Chasing pumps like a headless chicken
A coin’s up 70%? Boom, I’m in. It dumps 30% right after? Welcome to my life back then.
Tip: If it’s already flying, you’re probably late. Look for entries before hype - not during.
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Mistake 2: Holding “hopium bags”
I bought coins I didn’t even understand just because some influencer tweeted about it. Never set a TP or SL. Just vibes.
Tip: If you don’t know what the coin does, why are you holding it?
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Mistake 3: All-in mentality
Every dollar I had went into one trade. One bad entry = heartbreak.
Tip: Split your capital. You’re not gambling, you’re trading (or at least trying to).
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These mistakes are common - but that doesn’t mean you need to repeat them. Stay sharp.
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