Learning from crypto mistakes.

Learn­ing from your mis­takes. 

Everyone makes mistakes and most of the time it is not your fault except

that it is your fault…

Research will help you to make bet­ter deci­sions. 

Research Basics,  the Pre­sale Night­mare. 

Token pre­sale before the TGE, (token gen­er­a­tion event) fail so often that you have to begin to think that it is best to just avoid them. 

Ear­li­er today I was look­ing through AI gen­er­at­ed con­tent on the evils of XRP. 

When I saw a tid­bit about an unknown token and it sound­ed good, tech­ni­cal L2, tech­nol­o­gy. 

So I start­ed doing my nor­mal research sys­tem, (look at all of it, every­thing) leave no stone unturned. 

The first thing I saw was the graph­ics on this web­site were aimed at young peo­ple or peo­ple who have failed to grow up in a time­ly man­ner. 

Most of the graph­ics looked like a meme coin. 

But the project bills itself as a util­i­ty BTC rollup for cross chain ven­dors. 

(That is some­thing that inter­est’s me) 

Then at the very bot­tom of the web­site, is the small text state­ment
(this is a meme coin) 

Now that seems like that would be incor­rect, if it is a BTC bridge or L2 rollup it can­not be a meme coin. 

Yet, that tiny text state­ment is there on the web­site. 

Red Flag num­ber one.   In at least one of their posts on X they show an ani­mat­ed graph­ic that clear­ly shows a frog smok­ing pot.   (Ok ok, sure why not, but IF you are actu­al­ly try­ing to get a seri­ous investor to buy your prod­uct this is NOT the way to con­vince peo­ple to trust you) 

Remem­ber you are look­ing for rea­sons to NOT buy into a bad project so that you can save your invest­ment dol­lars for projects that will per­form and pro­vide gains. 

Then I start­ed look­ing at any­thing else they had pub­lished but appar­ent­ly peo­ple are not see­ing these warn­ings. 

Then I came across the Sec­ond Red flag and in fact IF you are look­ing at a pre­sale and you see this avoid it. 

That No bueno hard and fast rule is sim­ply this.   (IF you are not get­ting tokens in exchange for cryp­to or USD then just do not do it)  This project states that you will get your tokens when you “claim them” at a lat­er date which they do not know when that date will be in the future. 

IF they say that you will get your tokens in the future..   

Just do not do it. 

I have nev­er seen a com­pa­ny do this that was legit­i­mate not one sin­gle time. 

Every time they promise to give you tokens in exchange for your already exist­ing tokens in the future it ends up being a rug pull,  (every sin­gle time) 

If you think about it, they are ask­ing you to give them your valu­able tokens that already exist and are trad­able on exchanges and in exchange they are “promis­ing” to give you their (prob­a­bly worth­less tokens) at some future day and time. 

That is a bad deal and there is no way around it. 

Yet for some rea­son it keeps hap­pen­ing over and over again. 

Trad­ing means you are trad­ing some­thing of val­ue (tokens or cash) for anoth­er asset of which you hope in the future it will be worth more than it is today. 

That is the basic trad­ing expe­ri­ence. 

Nev­er ever do a trade for the future promise of get­ting a token that does not exist today, Respect your­self.