Here are the painful mistakes I made (so you don’t have to) 🧵* *Learn from my scars, not your own.* 🧠🔥
*1. Chasing Green Candles* 🚀🟥 *I bought BTC at 20k in Dec 2017... then watched it crash to6k.* → FOMO is a killer. The market rewards patience, not hype-chasing.
*Lesson:* Buy fear, sell greed. Always.
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*2. Holding Bags to Zero* 💼💀 *I held “promising” altcoins until they literally vanished.* → Projects with no real use case or devs will eventually fade.
*Lesson:* Don’t fall in love with your coins. If fundamentals die, so should your position.
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*3. Not Taking Profits* 💸🧻 *Watched a 15x portfolio gain turn into 2x in 2021 because I was “waiting for more.”* → Greed blinds logic.
*Lesson:* Take profit in stages. No one goes broke securing gains.
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*4. Going All-In on One Coin* 🎯💥 *I went all-in on a “game-changing” token. It rugged in 3 months.* → Overconfidence leads to disaster.
*Lesson:* Diversify across sectors — DeFi, L1s, AI, etc.
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*5. Ignoring Security* 🔓😰 *Lost 40% of holdings in exchange hacks and phishing scams.* → The worst pain isn’t losses from trades — it’s theft.
*Lesson:* Use hardware wallets (Ledger, Trezor), 2FA, and never click sketchy links.
*6. Copy Trading Influencers* 👤📉 *I followed a “top” Twitter trader. Lost 70% in a month.* → Most influencers profit from followers, not trading.
*Lesson:* Learn TA, fundamentals, and strategy yourself. DYOR always.
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*7. No Exit Plan* 🚪🌀 *In every bull run, I held “just a little longer.” Lost almost everything each time.* → Without a plan, emotions take over.
*Lesson:* Have defined price targets or percentage goals to scale out.
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*8. Trading Without Stop-Losses* 📉💔 *Tried margin trading without risk management. Got liquidated.* → Leverage is a double-edged sword.
*Lesson:* Always use stop-losses and risk less than 2% of portfolio per trade.
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*9. Ignoring Macro Trends* 🌍📉 *Didn’t sell in early 2022 even as interest rates soared.* → Macro affects crypto more than people realize.
*Lesson:* Monitor Fed rates, inflation, and global liquidity.
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*10. Quitting Too Early* 🏃♂️⛔ *In 2015, I sold all my BTC at $300 thinking it was over.* → The biggest gains come to those who stay.
*Lesson:* Don’t give up. Learn. Adapt. Survive. Prosper.
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*Final Word 💬* The best in crypto aren't the smartest — they're the most *resilient*. Learn, grow, and *never stop evolving*.
1. Overview of #Merlin_Chain Merlin Chain is a Layer 2 (L2) solution built on the Bitcoin blockchain, launched in June 2023, aimed at enhancing scalability, reducing transaction costs, and speeding up transaction processing on the Bitcoin network. The project utilizes ZK-Rollup technology, integrates a decentralized oracle network, and employs anti-fraud mechanisms (fraud proof) to ensure transparency, security, and performance. Merlin Chain aims to “Make Bitcoin Fun Again” by supporting the development of applications and assets on Bitcoin Layer 1 through Layer 2, while also being compatible with the Ethereum Virtual Machine (EVM) to facilitate developers in easily migrating smart contracts from other EVM chains to Merlin Chain.
PRESIDENT TRUMP: A U.S. Crypto Reserve Fund will elevate this important industry after years of corruption attacks by the Biden administration. That is why my Executive Order on Digital Assets directed the Presidential Task Force to establish a Strategic Crypto Reserve Fund, including XRP, SOL, and ADA. I will ensure that America becomes the crypto capital of the world. We are making America great again! $XRP $SOL $ADA #xrp #sol #ada
Half an hour left to list #scr on binance spot. Current price is around 1.3usdt. My opinion is that this season binance list cap under 300m will automatically buy. What do you guys think about it? $SCR
Jobs data from #ADP : - US companies 🇺🇸 hired just 99K workers in August 2024 - Less than the 111K figure in July and below the consensus forecast of 140K. 👉 This is the smallest increase since 2021. 👉 This is the new jobs data, tomorrow we will have the official unemployment rate. $BTC $ETH $SOL
#Mastercard launched the #debit_crypto euro-denominated card. Users can pay with this card anywhere and, crucially, retain ownership of the private key. Mastercard partnered with Mercuryo and used "Account Abstraction", which allows you to authorize another smart contract to withdraw funds from the wallet and set spending limits for it. This method has been used by Wirex or Gnosis Pay. $BTC $ETH $SOL
Matter Labs, the company behind #ZKsync , will lay off 16% of its staff (that's 24 employees).
This is the first round of layoffs since the company was founded six years ago.
#Matter_Labs explained that the decision was made to make the team "leaner" as it moves into the next phase.
Currently, the market cap of the ZK token is only 370 million, and the FDV is 2.1 billion. So do you think it's worth continuing to invest in ZKsync during the upcoming uptrend?
Information about the Trump sons' "World Liberty Financial" project
The "World Liberty Financial" project will include a "credit account system" built on the DeFi platform of #AAVE and #Ethereum to support decentralized borrowing and lending.
Users of the platform can “propose and vote on adding new DeFi lending markets or integrating new blockchains” - While this #DeFi app is not ready yet, the original source code (which has since been deleted on GitHub) shows that the project appears to have copied the source code from Dough Finance.
The layer 2 project on #Ethereum is #Scroll has released a video hinting at the upcoming token launch and #airdrop . - Scroll is a layer 2 Ethereum network that uses #zk-rollups technology. - The project raised $50 million in its most recent funding round, with a valuation of $1.8 billion. However, the market and exchanges seem to be very cold towards such high FDV projects.
#Ethervista accused of hypocrisy, "dumping" on users?
Ethervista is the first platform providing memecoin issuance services on #Ethereum considered a direct competitor to Pump.fun on #Solana
On September 1, the wallet address frenulum.eth used 2.05 ETH (about 5,100 USD) to buy 52,282 VISTA, the token of the Ethervista project.
According to the mechanism, it took 5 days later, on September 6, for this amount of #VISTA tokens to be unlocked for trading.
However, after holding VISTA for about 2 days, frenulum.eth sold all the purchased VISTA, earning 276.5 ETH worth more than $700,000, equivalent to a 140x profit.
This action was strongly condemned and even criticized as "hypocritical", when the project itself announced the application of anti-#rugpull measures, one of which was a 5-day liquidity lock mechanism.