It was a cold Monday morning when I woke up to a call. A disturbing message flashed on my phone screen: "YOUR BALANCE IS EMPTY!".
My first thought: "Someone stole my money!". The second: "No, I am just foolish!". And the third — "Why did I even get into crypto?!".
The story began a year ago. I was an ordinary guy with a couple of thousand dollars in a savings account and big dreams. Hearing about cryptocurrency, I thought: "This is it! This is my ticket to the world of yachts, the Maldives, and posts with the hashtag #success."
At first, everything was going perfectly. I bought Bitcoin at $40,000. A couple of weeks later, it rose to $50,000. I felt like a real genius. "Investor of the century!" — I thought while sipping coffee and checking my portfolio. But it was at that moment that fate prepared a lesson for me that I will never forget.
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Mistake #1: Greed is your main enemy 😈
When Bitcoin soared to $60,000, instead of cashing out my profits, I thought: "What if it goes up to $100,000?!". You know what happened next? Of course, a crash. Bitcoin fell to $30,000 within a few weeks, and I lost half of my money.
Moral: "Cryptocurrency loves those who know when to exit." Lock in your profits, friends. Greed is your enemy.
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Mistake #2: "If it's on Twitter, it must be true" 🙄
Once I saw a tweet from an allegedly successful trader. He wrote: "This new token will soar by 1000%! Buy it while it's cheap!". Of course, I believed him. I invested everything I had left in a confusing token called ShibaMoonX1000.
Within two days, its value dropped to zero. Yes, to zero. It turned out it was a scam. The scammers simply disappeared with my money.
Moral: "If someone promises 1000% profit, they are almost always a scammer." Never invest money in something you do not understand.
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Mistake #3: "Complex passwords? Why do I need that?!" 🔓
Of course, I did not stop there. Like a phoenix, I decided to rise from the ashes. I invested my last $500 in solid projects and even started learning about the market. Everything was going well. But one day I forgot something important: to save the keys to my wallet.
My password was too simple: "password123". Hackers stole everything. It turned out I was an easy target.
Moral: "Your password is your fortress. Make it complex and always keep your wallet keys secure."
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Happy ending: How I rose from zero 💪
When I hit rock bottom, I realized the main thing: "Lessons are expensive, but they are worth it." I started reading books about cryptocurrency, watching lectures, studying market laws, and finally came to an important conclusion: knowledge is your main weapon.
Today I own a portfolio worth $1,000,000. I did not chase quick profits, did not trust random advice, and did not store passwords in a text file named "passwords".
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5 rules that will save you in crypto (and in life):
1️⃣ Never invest more than you can afford to lose.
2️⃣ Lock in your profits, don’t wait for the "perfect moment".
3️⃣ Check the projects you invest your money in.
4️⃣ Keep your keys secure.
5️⃣ Learn every day. Invest in yourself.
And yes, remember: "Cryptocurrency can give you everything, but only if you are ready to think critically."
Now it's your turn. The only question is: do you want to learn from my mistakes or your own? 😉