๐จ 10 Costly Crypto Mistakes I Made (So You Donโt Have To)
Over 12 years in cryptoโฆ Iโve won big ๐ฐ and lost even bigger ๐ธ.
These are painful lessons โ learn from my scars, not your own. ๐งต๐
1. FOMO Buying ๐ตโ๐ซ
I bought BTC at $20K in 2017 โ it crashed to $6K.
๐ Lesson: Buy fear, not hype.
2. Holding Dead Coins ๐
Held cool-sounding altcoins... they vanished.
๐ Lesson: If itโs dying, let it go. No coin is family.
3. No Profit Taking ๐ฌ
My portfolio 15xโd in 2021 โ I took 0 profit.
๐ Lesson: Take gains on the way up. Slowly. Wisely.
4. All-In on One Coin ๐ฏ๐ฅ
Put everything into a hyped project โ it crashed in 90 days.
๐ Lesson: Diversify โ AI, DeFi, Layer 1s, etc.
5. Poor Security ๐๐จ
Lost 40% to scams and hacks.
๐ Lesson: Use hardware wallets. 2FA. Trust no link.
6. Copy-Pasting Influencers ๐๐
Followed a โproโ on Twitter โ lost 70%.
๐ Lesson: Do YOUR research. Not theirs.
7. No Exit Strategy ๐ช
Always waited for โa little moreโ โ lost profits every cycle.
๐ Lesson: Set sell targets. Stick to them.
8. No Stop-Losses ๐ฅ
Tried margin trading blindly โ got wrecked.
๐ Lesson: Risk small. Always use a stop-loss.
9. Ignoring Macro Trends ๐๐
Didnโt react to rising inflation/rates in 2022 โ got hit hard.
๐ Lesson: Global economics matter. Stay alert.
10. Giving Up Too Early ๐
Sold all BTC at $300 in 2015. Missed the future.
๐ Lesson: Stay patient. Winners donโt quit.
๐ฏ You donโt need to be a genius.
Just stay sharp, humble & hungry.
If youโre still in crypto today โ
youโre still early. ๐ซก
