So here are three dumb things I did in crypto.
I think most people can't keep a 100 percent score in crypto. I think it's nigh on impossible to avoid mistakes.
I think as long as the smart decisions you made either outnumber or outweigh (or both) the bad decisions you made you're more than fine.
So far, I made a couple of smart decisions in crypto and a few bad ones.
I think my bad decisions outnumber my smart decisions, but there's one smart decision I made that significantly outweigh everything else so overall I'm definitely in the green.
But these are three silly things I spent/lost money on.
Web3 domains
I didn't lose any money in NFTs. I actually made some because I never bought any, but I did sell a few.
However, I have spent money that now seems wasted on Web3 domains.
I lost count of how many domains I own, they didn't cost a lot of money, but it's clearly money thrown in the bin, at least for now.
We'll see.
I sold XRP way too soon, and for the wrong reasons
I've sold and bought and sold XRP a few times, and the last time I sold it I lost out because I could've made a significant chunk of money.
At one point I owned like 900 XRP, which would be worth a lot of cash today, and I sold it when it was less than a dollar.
But what makes this decision even dumber is the reason I made it: feelings.
I sold XRP because Ripple's chairman endorsed Kamala Harris and I found that *****.
I don't want to talk politics and I have nothing against Kamala Harris per se but, when it comes to crypto, there's clearly a pro-crypto party and an anti-crypto party, and Kamala was running for office to represent the party that spent the previous four years fighting crypto, and especially fighting Ripple with countless and mindless lawsuits.
So his decision to endorse the Democratic Party made zero sense to me, and it made me angry, and I sold XRP, and that was clearly a dumb decision.
You live and you learn.
I didn't take my security seriously enough
I'm now reasonably confident when it comes to crypto security. Obviously nothing is 100 percent fireproof, but there's a very long list of steps I took to ensure my crypto is safe.
But I had to learn that the hard way.
Only three people in the world know how much I own in crypto, and that's not going to change, but I can tell you how much I lost because of a terrible combination of easy password and no 2FA.
I lost close to 0.5 BTC.
This was ages ago so, back then, I actually only lost $500.
But, clearly, it wouldn't be worth $500 today, would it?
S**t happens.