Sunday, 22 June 2025

How I Survived My First Year in Crypto (Without Going Broke, Rugged, or Losing My Mind)

 


Crypto isn’t just about buying low and selling high — it’s about surviving long enough to learn why that’s harder than it sounds.


😵‍💫 So You Just Entered the Crypto Jungle?

Maybe a friend convinced you.
Maybe you saw one too many TikToks.
Maybe you're here for financial freedom, passive income, or curiosity.

Either way, welcome to the wildest, most emotional, most addicting corner of the internet.

Crypto is fast.
Crypto is exciting.
Crypto is ruthless.

And if you don’t know how to survive — you won’t.

This isn’t another “invest wisely” lecture. This is the brutally honest survival guide I wish someone had handed me before I lost money, trust, and my entire Sunday night to a DeFi rug.


🔥 Rule #1: Don’t Trust Anything That Promises Easy Money

If it sounds too good to be true, it is.
If the APY is 5000%, it’s probably a Ponzi.
If someone DM’s you about “doubling your crypto,” it’s a scam.

In crypto, trust isn’t earned — it’s audited, verified, and questioned endlessly.

Make this your mantra: DYOR (Do Your Own Research).
And if you're too tired to DYOR — don’t invest.


🛠 Rule #2: Learn the Tech Before You Touch the Tokens

This part no one tells you:

  • You don’t need to trade to be in crypto.

  • You don’t need to buy every dip.

  • You don’t need to ape into things you don’t understand.

Learn what a wallet is.
Try moving a small amount of stablecoins.
Understand what gas fees, bridges, slippage, and private keys mean.

Survival isn’t about speed. It’s about understanding what the hell you’re pressing “confirm” on.


😓 Rule #3: You Will Lose Money — Accept It and Learn Fast

Here’s a secret: Every “expert” you follow has lost money in crypto.
Everyone.
Even the ones flexing profits on Twitter.

The difference?

The smart ones log it, review it, and adjust. The dumb ones blame the market.

Create a simple journal. Write down why you bought something. Track how it turned out. That’s how you grow.


🧍‍♂️ Rule #4: Protect Yourself from Yourself

Your biggest enemy isn’t the market.
It’s your own greed.
Your own FOMO.
Your own itchy finger on the buy button after 3 green candles.

Survivors set rules:

  • No chasing pumps

  • No all-ins

  • No trading when angry, tired, or bored

  • No financial decisions while watching Elon Musk tweet


🔐 Rule #5: Master Wallet Safety Like Your Life Depends On It (Because It Kind of Does)

Basics:

  • Never share your seed phrase. Not with your best friend. Not with your mom. Not with God.

  • Use hardware wallets for large amounts.

  • Bookmark official sites. Double check URLs.

  • Don’t sign random wallet pop-ups.

The #1 reason people lose money in crypto isn’t price — it’s hacks, scams, and phishing links.


📉 Rule #6: The Market Owes You Nothing

You’ll hear things like:

  • “Crypto always goes back up.”

  • “We’re early.”

  • “Diamond hands.”

The truth? Crypto is brutal, cyclical, and doesn’t care about your feelings.

The survivors:

  • Take profits on the way up

  • Sit in stablecoins when unsure

  • Know when to do nothing

Sometimes survival means getting out alive, not staying in until you're right.


🧘 Rule #7: Learn to Log Off

Crypto is 24/7. No closing bell. No weekends. No sleep.
Which is why burnout is real.

Signs you need to step away:

  • You check charts before brushing your teeth

  • You're emotionally tied to price swings

  • You feel like you're “falling behind” if you're not online

Logging off isn’t weakness. It’s strategy.

Set screen time limits. Go outside. Touch some grass. The blockchain will still be here tomorrow.

Master the Markets: A Step-by-Step Beginner's Guide to Using thinkorswim: Unlock Your Trading Potential: The Ultimate Beginner's Guide to thinkorswim 


❤️ Final Word: Crypto Is a Marathon, Not a Meme

You don’t win this game by being early, loud, or lucky.

You win by:

  • Staying alive

  • Staying skeptical

  • Staying emotionally stable

Survival is the alpha.

Everything else is noise.

No comments:

Post a Comment

Pair Trading Sounds Smart—But How Do You Actually Find Two Related Stocks That Work?

How to find two “related” stocks or crypto that behave like a pair? If you’ve opened up a trading platform, stared at endless tickers, and f...