How I Almost Lost Everything in Crypto (y and How I Got It Back )

robot
Abstract generation in progress

I won’t lie: the market crash destroyed me. I bought $MYX y $ASTER just because everyone was talking about them. No research. No strategy. 10x leverage.

Result: total liquidation. I spent weeks unable to access the platform.

But here’s the plot twist: it wasn’t the market’s fault, it was mine.

I did EVERYTHING wrong:

  • Followed FOMO blindly
  • Ignored basic due diligence
  • Used leverage like a desperate person
  • Bet money I couldn’t afford to lose

The rebuilding started when I changed my mindset:

Now:

  • Only spot trading ( with 1-2x max leverage
  • Research before every move
  • Capital preservation > quick gains
  • Ignore influencer tweets

Crypto is brutal, but it’s not unfair. If you learn from the pain, it gives you a second chance. The key is not to make the same mistake twice.

This has been my most expensive and probably most valuable lesson.

MYX6.11%
ASTER3.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)