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

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

Could everyone do me a favor and comment below your worst crypto investment and how much you lost so everyone realizes that it’s normal to not be perfect?
I’ll go first. I lost around $10k investing in zero exchange token because I missed their stupid token swap. *poof* gone. 👇

— Digital Asset News (@NewsAsset) May 17, 2022

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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