4 Years in Crypto. Still Holding My First Mistake.
My first crypto purchase is down more than 70% after 4 years. And I still haven't sold it.
Why “Buy Low, Sell High” Is a Sweet Little Lie We Tell Ourselves
“Buy low, sell high.” Four words. Sounds like the easiest strategy in the world.
Then you actually enter the market and find out who you really are.
I found out I'm an easy seller of good coins and a terrible seller of bad ones. I take profit on winners way too early, and I hold losers forever because selling them means admitting I was wrong.
Silly, but true.
Mistake #1: My First Loves, $POL and $ADA
My first ever purchase was Polygon, back when it was still $MATIC. My second was Cardano, $ADA.
Four years later, here's where they stand (prices at the time of writing):
$POL: bought at $0.25–$0.50, recently around $0.08 → down roughly 70–85%.$ADA: bought at $0.30–$0.50, recently around $0.17 → down roughly 45–65%.
I still think both are good projects. Real tech, real teams, real communities. But a good project and a good investment aren't the same thing.
I've told myself a thousand times: cut the losses, rotate into something stronger.
And yet I still hold them, like a parent at every school play, clapping no matter how badly the show goes.
That isn't conviction. That's emotion pretending to be a strategy.
And here's the embarrassing part: even after writing all of this, I'm still not sure I'll sell them tomorrow. Knowing what you should do and actually doing it are two very different things.
Lesson: Ask yourself, “If I had cash today, would I buy this coin at this price?” If the answer is no, why am I still holding it?
Mistake #2: $SHIB, the Meme Coin Experiment
I wanted to know what it feels like to hold a meme coin.
In one word: sucks.
No investment thesis I could really believe in, just staring at the chart and hoping the crowd comes back.
For my temperament, it was stress with no purpose.
Lesson: Know yourself. Some people can trade memes. I'm not one of them, and that's fine.
Mistake #3: FOMO into $TON
Everyone was talking about it, so of course I had to jump in.
I'd love to tell you I'd learned my lesson and entered with just $15 on purpose.
I didn't.
The 0 on my keyboard didn't print, and I decided to leave it at 15.
Pure luck.
That $15 eventually became $3.40. Down roughly 77%.
Lesson: FOMO will still get you. What saves you is how small the damage is. I got lucky with position sizing. Next time I'd rather do it on purpose.
What Changed: I Finally Made Some Rules
After those mistakes, I finally built something resembling an actual strategy. Not a brilliant one, not a foolproof one. Just a set of rules that makes it harder for me to do something stupid.
Every coin I hold now has a job:
$BTC — the foundation. 50% of everything I put into crypto goes to Bitcoin. No debate.
$ETH and $SOL — the workers. I buy during downturns, earn staking rewards when possible, and take most of my position off the table when I'm comfortably in profit. Half of the realized profit goes to BTC, and the other half into my dip-buying bag.
$BNB — the access pass. It gets me into launches and airdrops on Binance, while regular token burns reduce the supply over time.
And for once, I have a couple of examples where I actually followed my own rules.
I DCA'd into ETH around $1,700 and DCA'd out around $3,500. With SOL, I went in around $105 and out around $220.
That's roughly 2x on both, before fees and other adjustments.
The profits went where I'd planned: half to BTC, half to the dip bag.
I wish I could say emotions are out of the picture now.
They're not.
But at least I have rules to argue with them.
The Real Lesson After 4 Years
Four years in crypto, and I’ve learned more about myself than about charts.
I know I get attached to coins. I know FOMO still works on me. I know I can find ten perfectly logical reasons to keep holding something I probably should have sold a long time ago.
I’m mostly a HODLer, occasionally a spot trader, and definitely not someone who belongs anywhere near leveraged futures or prediction-market bets.
The funny thing? The same person who held POL all the way down also managed to sell ETH at roughly 2x. The difference wasn’t some magical market insight. I simply had a plan for one and an emotional attachment to the other.
And yes, I still hold that POL. Apparently, some lessons take longer than four years to sink in.
Or maybe it’s hope. Such a beautiful word. Strong, stubborn, resilient. The thing that keeps us going when everything looks hopeless.
But in crypto, hope sometimes goes by another name.
Hopium. 😅
Your turn: What's the one coin you know you should probably let go of, but just can't? 👇
#CryptoLessons #BTC #ETH #BNB #SOL
Not financial advice. Just my own experience and mistakes. DYOR. Always DYOR, and then do some more research before you touch your wallet.