📈 Investing

1 mistakes people were willing to admit to.

I put my entire savings into one crypto coin

🇵🇹 Portugal · 📈 Investing · 20-29

What happened

A friend was making money fast and I did not want to be the only one missing out. I moved €22,000 into a single token at its peak and refused to sell on the way down.

What it cost€22,000Time lost2 yearsEmotional costShameful

What I learned

Concentration is how you get rich and also how you get wiped out. Never risk money you would need to earn back.

❤️ 1,590 people learned from this