Why Going All-In Is a Bad Idea.

Back in 2018, I went all-in on NEBL at $10. It had fallen from its $60 peak, and I thought, "It'll bounce back." But it didn’t. NEBL kept crashing, and today it’s worth pennies. I ended up selling at $4, taking a painful 60% loss. That was the last time I ever went all-in.

Here’s the math: if you go all-in with $1,000 at $10 and the price drops to $1, you’re left with $100, a 90% loss. For it to recover to $10, you’d need a 10x gain, which is highly unlikely.

If I had split that money into top coins at that time like BTC, ETH, LTC, XRP, XLM, BCH, XMR, or ADA instead, things would have been very different. The lesson? Don’t put all your eggs in one basket. Diversify, protect your capital, and never bet everything on one coin. It’s just not worth the risk. Oh, and don't catch a falling knife like I did.