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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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BLAIZE👑
@bigblaize16
This is really a lot, can one be careful enough not to fall victim of one?
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Molidatuna
@molidatuna
Thank you for sharing
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ᴀǫᴜᴀʀɪᴜs✞︎ ⨀
@wfaquarius
Mhen this is the sad part of the game
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Latte
@lattebee
12 years Damm! You’re like my grandpa In crypto
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