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Showing posts from May, 2025

Why I Lost Over $100,000 in Crypto: The Biggest Mistake to Avoid

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The crypto market is a wild ride, full of dizzying highs and gut-wrenching lows. Like many, I've tasted the thrill of massive gains, only to watch them vanish due to a single, critical mistake: prioritizing being right over making money. This mindset cost me over $100,000 in 2022, and it's a trap countless investors fall into. I'll share the lessons I learned the hard way, why this error is so common, and how you can avoid it to become a smarter, more adaptable crypto investor. Buckle up — this is a story of loss, reflection, and redemption, with actionable insights to protect your portfolio. The Harsh Truth About Crypto Losses The crypto market doesn't care about your convictions or your carefully crafted investment theses. It's a brutal arena where adaptability trumps stubbornness. Most investors, myself included, have lost significant sums not because of market manipulation or lack of skill, but because we cling to the need to be right. We fall in love with proje...

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