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Twitter post and thread: How to lose money in crypto?
25
@cryptothesis
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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.
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