The 14 BTC lesson of pain.
By Maxime Laurent · 2025-09-14 08:12
The 14 BTC lesson of pain.
Julian Figueroa, the guy behind The Exit Manual on YouTube, shared how he lost 14 $BTC over the past eight years — that’s roughly $1.6M today 😳. And his mistakes… mon dieu, they’re the same traps most of us know but still fall into.
🔴 Trading addiction – He burned 4 $BTC trying to outsmart the market. In his words: “Nobody beats it long-term, not even hedge funds. Just buying and holding wins.”
🔴 Altcoin fever – Another 2 $BTC gone chasing “the next Bitcoin.” Spoiler: they never came close.
🔴 Centralized exchange collapse – The biggest hit: 8 $BTC lost when a CEX went bankrupt. His takeaway: “Exchanges aren’t banks. They’re casinos. Only self-custody is real security.”
His story is a brutal reminder: the hardest part in crypto isn’t finding alpha, it’s avoiding the traps. If 90% of newcomers will repeat at least one of these errors… maybe the real edge is just patience + a cold wallet. 🥶🔐
#Bitcoin #CryptoLessons #HODL #SelfCustody
Julian Figueroa, the guy behind The Exit Manual on YouTube, shared how he lost 14 $BTC over the past eight years — that’s roughly $1.6M today 😳. And his mistakes… mon dieu, they’re the same traps most of us know but still fall into.
🔴 Trading addiction – He burned 4 $BTC trying to outsmart the market. In his words: “Nobody beats it long-term, not even hedge funds. Just buying and holding wins.”
🔴 Altcoin fever – Another 2 $BTC gone chasing “the next Bitcoin.” Spoiler: they never came close.
🔴 Centralized exchange collapse – The biggest hit: 8 $BTC lost when a CEX went bankrupt. His takeaway: “Exchanges aren’t banks. They’re casinos. Only self-custody is real security.”
His story is a brutal reminder: the hardest part in crypto isn’t finding alpha, it’s avoiding the traps. If 90% of newcomers will repeat at least one of these errors… maybe the real edge is just patience + a cold wallet. 🥶🔐
#Bitcoin #CryptoLessons #HODL #SelfCustody
Disclaimer: This content is for informational purposes only and not financial advice.