According to Sumit Gupta (@smtgpt) on Twitter, a recent viral thread encouraged users to share their worst crypto advice, sparking a wave of thoughtful and humorous responses. The discussion highlighted common trading pitfalls such as overleveraging, FOMO-based purchases, and ignoring security best practices (Source: @smtgpt, May 19, 2025). Traders can use these crowd-sourced mistakes as a checklist for risk management, helping to avoid frequent errors that lead to portfolio losses. The thread serves as a timely reminder for crypto traders to prioritize disciplined strategies and robust security measures amid ongoing market volatility.

According to Gordon (@AltcoinGordon), despite favorable market conditions, the majority of traders end up with less than they started due to not taking profits and holding onto assets in hopes of higher prices, leading to round tripping. He emphasizes the importance of securing profits to avoid common pitfalls in trading.