A lesson for everyone, especially newcomers to the crypto market, on how to lose less money:
Don't listen to anything other people tell you.
I just checked my assets and found that an Alpha token had been delisted. Someone had aggressively urged me to buy into this project. I bought it and lost money, and now it's completely worthless.
There was another project where the person explicitly told me they'd received a new offer and even called me specifically to tell me to buy in. I couldn't turn them down, so I kept adding to my position. Now I'm down 90%. When I asked what was going on, they only replied: “I cut my losses ages ago.”
Every time, I hesitated. Deep down, I knew they were probably targeting me for an exit scam, but sometimes I could sense their sincerity and found it hard to say no. So I kept falling for it.
Some people have already decided what you're worth from the moment they meet you. How much they can take from you depends on how you see the person in front of you.
Listen less, analyze things for yourself, and respect your own investments. Being targeted for an exit scam doesn't just cost you money—it leaves a bad taste in your mouth.
With liquidity this scarce, ask yourself one thing: if they really had insider information, how would it end up with you?
Don't listen to anything other people tell you.
I just checked my assets and found that an Alpha token had been delisted. Someone had aggressively urged me to buy into this project. I bought it and lost money, and now it's completely worthless.
There was another project where the person explicitly told me they'd received a new offer and even called me specifically to tell me to buy in. I couldn't turn them down, so I kept adding to my position. Now I'm down 90%. When I asked what was going on, they only replied: “I cut my losses ages ago.”
Every time, I hesitated. Deep down, I knew they were probably targeting me for an exit scam, but sometimes I could sense their sincerity and found it hard to say no. So I kept falling for it.
Some people have already decided what you're worth from the moment they meet you. How much they can take from you depends on how you see the person in front of you.
Listen less, analyze things for yourself, and respect your own investments. Being targeted for an exit scam doesn't just cost you money—it leaves a bad taste in your mouth.
With liquidity this scarce, ask yourself one thing: if they really had insider information, how would it end up with you?