But I’ve also made every mistake in the book.
It took 3 painful years and losing millions to build these rules:
1/➮
Most people don’t fail in crypto due to lack of skill —
They fail because of bad habits.
I’ve seen millionaires go broke in one cycle.
And broke kids hit 7-figures by doing the opposite.
Here are the top mistakes to avoid if you want to survive this game:
2/➮
Mistake: Betting everything on one asset class
Holding 10 altcoins isn’t diversification — it’s a single basket.
Real diversification includes:
✔️ Crypto
✔️ Stablecoins
✔️ Equities
✔️ Real assets
Crypto-only portfolios crash harder and recover slower.
3/➮
Mistake: Thinking you’ll sell the top
Everyone thinks they will — almost no one does.
Tops are messy and deceptive.
Only those who sell into strength lock in gains.
Exit when it feels early, not when it’s too late.
4/➮
Mistake: Confusing pumps with conviction
Just because it’s pumping doesn’t mean you “believe” in it.
Narratives end. Coins crash. Your belief won’t save it.
Ride momentum — but know it’s temporary.
5/➮
Mistake: Ignoring unlock schedules
Great tech means nothing if emissions flood the market.
Check vesting schedules, unlock cliffs, insider allocations.
Oversupply kills faster than FUD ever could.
6/➮
Mistake: Copying trades without context
You can’t HODL like a whale if you don’t know why they bought.
Blind mimicry leads to panic exits.
Conviction must come from your own strategy.
7/➮
Mistake: Chasing quick gains
Everyone wants a 10x in 10 days.
Try this instead: 3x in 6 months with solid plays.
Lower stress, fewer mistakes, more growth.
Time is your biggest edge.
8/➮
Mistake: Clinging to dead narratives
When the VCs leave and volume dies, so should you.
Attention = liquidity.
Stay agile. Rotate into trending narratives, not nostalgic ones.
9/➮
Mistake: Holding just because you're down
If you wouldn’t buy it now, why are you still holding it?
Dead bags drain capital and morale.
Cut losses, rotate into strength.
10/➮
Mistake: Ignoring market structure
Crashes aren’t random.
Look for:
🔻 Lower highs
📉 Declining volume
🚪 Smart money exits
Price tells the truth — your bias doesn’t.
11/➮
Mistake: Forgetting macro trends
CPI, interest rates, elections — all impact crypto.
Right asset at the wrong time = loss.
Zoom out before you zoom in.
12/➮
Mistake: Selling winners too early
Volatility ≠ invalid thesis.
Trim profits, sure.
But let your best positions run.
That’s where the real gains come from.
13/➮
Mistake: Avoiding stables out of pride
Taking profit is not weakness — it’s risk control.
Stables give you dry powder and peace of mind.
Better to rebuy lower than watch your gains vanish.
14/➮
Mistake: Letting wins breed recklessness
After a 10x, most start gambling to feel the high again.
Guard your capital more when you’re up — not less.
One bad trade can erase months of good ones.
15/➮
Mistake: Waiting for validation to exit
By the time it “feels right” to sell, it’s already too late.
The best exits feel early and lonely — but they’re profitable.
If you’re unsure and up big — trim.
16/➮
Mistake: Overtrading
The biggest losses? Bad re-entries, not bad exits.
Less is more.
Trade fewer setups with higher conviction.
Let your winners work.
17/➮
Mistake: Using leverage without full understanding
One bad wick can wipe your whole stack.
If you don’t understand liquidation mechanics, don’t touch leverage.
Risking 100% for a 10% gain is not a flex.
18/➮
Mistake: Thinking you’re too late
There’s always another narrative, another wave.
Missed one? So what.
Preserve capital, build skills, and wait for your turn.
19/➮
Final Rule: Survive
In crypto, survival is the edge.
Fewer mistakes. Smaller losses. Consistent habits.
You don’t need to be a genius — just stay in the game.
The patient get paid.
