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Whezy
@whezy
I’ve been in crypto for 12 years… 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 to 6k. → FOMO is a killer. The market rewards patience, not hype-chasing. Lesson: Buy fear, sell greed. Always. 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. 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. 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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Whezy
@whezy
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. 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. 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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Whezy
@whezy
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. 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. Final Word 💬 The best in crypto aren't the smartest — they're the most resilient. Learn, grow, and never stop evolving. If you're here, you're still early. 🫡 ©COPIED
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