Yes, this one don happen to me before and na when I been dey into degen e sup. I dey in haste to go buy coin since I see say e dey pump even when I know say I don late, I dey hope say the market go continue dey pump go, but last last, e come dump. I been FOMO and e no make sense for this crypto space to get that kind mindset.


Many things go humble you no matter how you take rush. Nothing dey rushy for here and if na like that e dey easy, many people for don make am for this space. Wetin go humble you as you take come dey rush to always dey wait for you to strike.


Slow and steady wins the race.

I have made little mistakes in crypto. In my first beginning in crypto, I was thinking when you want to make good profit in altcoins, you need to be as fast as possible to buy immediately when coins are being listed so that before they push up, I should already be on the profit side, but my rush led me to a series of losses that period, as many tokens made me realize they are not in for the long run but are rugpullers.

For dis life anything wey you wan do no Dey rush, make sure you do research first before you start, if you rush into something, and you no get proper knowledge about Wetin you Dey do, then you fit end up losing money. If you wan start to Dey trade, and you jump into am, make I no lie, you go lose money, na you wey run enter go still run commot. If you wan trade you suppose get proper knowledge about trading before you go put money, and if you put money, na small you suppose put just to Dey learn first, before you go increase amount wey you Dey trade with.

Na when i start to Dey trade na him I rush enter trading, but make I no lie you, everything no end well, because when I don too close money before my eye come clear, as I Dey think about the money wey I don lose, I come go borrow money say make I use recover money wey I don lose, make I no lie I still lose all d money, na that time I come stop trading, I see shege before I see money wey I borrow pay back.

The only situations in which I believe one should be in a haste is when there's an emergencies or perhaps when they have a deadline for something, but most people are usually hurried about everything which is totally wrong. Since the forum was created to help people learn, there is no point to hurrying up to rank up without first going through the learning process. Doing so will lead to spam or other violations of the forum rules by the user.

The first step a new cryptocurrency users should take is to educate themselves before trading or investing because, as people usually say and it's the fact that cryptocurrency carries a lot of risks and isn't a place to get rich quickly. The best way to protect yourself from all these messes is to educate yourself and patiently watch your assets grow without being in an a rush.

Yes, once I invested some money in a new coin in crypto. I did not do proper research about that coin. I just saw new coins and traded aggressively. Later I lost. Then I realized that if we do something in a hurry without getting proper information about coins in crypto, then we will definitely lose.

If I had not been in a hurry at that time and had not tried to learn about the coin, then I would not have lost that loss. If I had invested that money in Bitcoin at that time, then my investment would have increased a little. So we should never be in a hurry about anything. "The elders say that haste is the work of the devil". If you hurry, mistakes and losses are bound to happen.

I still regret it sometimes.

The crypto space isn't some sort of race competition, It only rewards those who are patient, diligent, and those who doesn't allow their emotion to control them. Most newbies that lose their money in the space today,  do so not because they didn’t have good opportunities, but because they were too quick to jump in without proper understanding.

The truth is, continuous success in crypto do not come overnight. It takes takes time and the faster you try to rush the process, the more likely you make poor decisions, become victim of rug pulls and eventually lose what you have.

Patience is most time smartest move, most especially for the newbies in the crypto space, because that’s when you actually learn what works and what doesn’t.