Posts

Twitter post and thread: How to lose money in crypto?

avatar of @cryptothesis
25
@cryptothesis
·
·
0 views
·
1 min read

This is a tweet that features how people lose money. It is worth a quick look.

Some stories shared:

  • Luna crash
  • Tokens stolen directly in wallets
  • Beliving YouTube shillers and buying ICP
  • Rug pulls on meme coins
  • Did not take profit
  • Forgot password/seed phrase to wallet
  • Lost due to token swap or redenomination
  • Buying at all time high or near it
  • Not sticking with projects with fundamentals
  • Unable to withdraw due to not meeting the minimum withdrawal size

I am sure there are more.

This is nice food for thought. The list should be seriously consolidated to help us all.

Share your points in the comments.

Posted Using LeoFinance Beta