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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
Post with #MyFirstPostOnSquare to receive a $50 Position Voucher each
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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#BTC #PI #BNB "Nine Traps in the Crypto World: The 7 Hard Lessons I Learned After Losing a House in Shanghai"
First lesson:
1. Don't trust consensus; the stronger the consensus, the sharper the sickle.
2. Don't trust friends, the crypto world has no chivalry in giving away wealth, only chivalry in taking your wealth.
3. Do not trust technology; the more revolutionary the technology, the more likely it is to change your life.
4. Don't trust the big shots, otherwise you will gain the big shot's knowledge while the big shot gains your Bitcoin.
5. Don't believe in bottom fishing. When you start thinking "it's time to buy the dip at 50% down", the market makers are calculating your remaining positions.
6. Don't trust yourself; what you think is "faith recharge" is actually "position self-immolation."
7. Don't believe in forever; the only constant in this crypto world is the various ways to zero out.