All of the snake oil salesmen coming out of hibernation to shill you the next 100k dog meme coin so you can get poor while the markets going up
I'd rather buy more ETH, defi and AI bags though
Some rules i use to stay safu in defi while chasing degen yields
- never ever more than 10% of pf in a single protocol. And exploit should NEVER wipe you out
- use multiple wallets (hw cold storage, hw defi, hot wallet degen defi, even more degen wallet, phone degen wallet, garbage wallet)
- use a wallet with tx simulation, and read the fooking simulation before confirming (rabby)
- Revoke access regularly (rabby batch revoke)
- Exit stablecoin farms at first sign of credible fud
- unaudited protocols are a no-go.
- upgradeable contracts with no multisig are a no-go
- never max leverage stablecoins leave some wiggleroom for depegs
- clAMM LPing will get you rekt on IL, never use your full stack (unless you are able to hedge)
- be careful with links, rather browse through twitter profile
Since we're sharing biggest mistakes in crypto:
๐ went into ICX ico, roundtripped a 100x, then roundtripped a 30x next cycle. Sold at breakeven
๐ Sold LINK ico at $1
๐ Faded SOLUNAVAX season kept only on Fantom because i couldn't bother to bridge
๐ Took profit on the top in 2021, put it all into ETH, down 95 % roundtripped from 6 digits to low 4 digits
๐ Have hit 20+ 100x coins but never seem to size properly to be life changing
๐ retarded bad at sizing properly
๐ Spent 5 years to overcome fear of buying anything else than pico bottom
๐ Faded SOL at $8 two times
๐ Faded solana meme szn
๐ Faded PEPE at 2m
๐ Overinvested by a lot in seed rounds and kol rounds 1 year ago
๐ Bought BNB at $1, sold at $2
๐ Roundtripped Unibot
๐ Rugged countless times, highest amount 6 figs
๐ Faded hyperliquid early to farm a competitor
๐ Roundtripped AI agent szn
๐ Sold a $150k ATH SPIRIT airdrop for $5k
๐ Faded WONDERLAND at $15 because it looked like a ponzi
๐ Liquidated every single time i used perps for the first few years
--------
Still managed to outperform BTC by ~5x since i started
Crypto is forgiving in that you only need to hit 1 or 2 absolute runner to make it. A 800x of FTM basically changed everything
@kylechasse great content, your my number source for crypto news . Thank you - but be careful with the open mouth(looking shocked) on every thumbnail ( think its called open mouth syndom)
Stop using your wallet if you donโt understand cryptographic signatures.
Theyโre still behind 99% of scams.
Hereโs how to make sure you never sign a scam transaction. ๐งต๐ฝ