Entering crypto and getting rich fast can be the worst thing to happen to you I had a friend who went full port into LUNA from low single digits all the way up, even looped it on Anchor at some points He got very rich very fast Luckily he managed to exit most before the collapse by rotating into other ecosystems But you see, he was not financially literate, nobody in his immediate circle had ever seen such money He had no idea what to do with those funds and started with the usual splurging on big ticket vanity items The biggest mistake though? He thought being rich meant he knew it all He credited skill instead of acknowledging he was just a newbie who entered at the right place and the right time What he never realised is that making money fast does not give you the skills to manage it "No worries" he thought, "I can spend what I like, I can make it back easily" That overconfidence became his downfall He was always searching for the next big play after this, going all...
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