Welcome to Inkbunny...
Allowed ratings
To view member-only content, create an account. ( Hide )
 
louisorboryne
louisorboryne
Stats joined 2 months, 3 weeks ago s 0 j 0 v 0 v:s 0 v:j 0 f 0 w 0 c:g 0 c:r 0
(No favorites have been chosen)
(No journals)
Profile
Join the CoinMinutes Community: Connecting with Fellow Cryptocurrency Enthusiasts

So May 11, 2022 - a date I now call my personal "Stupidity Anniversary." I'd been in crypto for quite a while, thought I knew what I was doing, then flushed away something like $12k in a single panic-fueled night. Couldn't even tell you the exact amount because looking at the transaction history still makes me feel physically ill.

It wasn't the market crash that got me - markets crash all the time. It was me, refreshing Twitter at 3:17am, eyes burning, seeing some random thread about Ethereum vulnerabilities posted by an account with like 600 followers. No verification, just vibes. And I SOLD. MY. STACK. Around $1780-ish per ETH.

For those keeping score at home, that's about a week before it bottomed and then, y'know, more than doubled.

What started as a frustrated late-night Telegram rant with 11 equally pissed-off friends has somehow morphed into... well, whatever CoinMinutes' community is today. It's messy, occasionally toxic, but honestly? It's saved my portfolio (and probably my sanity) more times than I can count.

Our Three-Tier Verification System

Here's exactly how our community verification approach works:

Initial Flagging: Members tag potential market-moving news in our "Radar" channel

Expert Assessment: Our subject experts evaluate technical validity (Marcus, our security specialist, immediately identified the authentication implications in the Stablechain whitepaper that others missed)

Context Analysis: Our researchers provide historical context and potential impact scenarios

When that massive 16 billion credential leak hit in May (covered in our Fraud Alert section), our system kicked into high gear. While most outlets just reported the numbers, our verification team identified which specific crypto wallets were most vulnerable. Three members discovered their emails were compromised and secured their assets before any theft occurred.

But verification systems don't fix the psychological nightmare that is crypto trading. Let me share what else we've built.

Psychological Support When You're Getting REKT

Look, we've all been there, staring at red candles at 3AM wondering if this is finally the time cryptocurrency dies for good.
Crypto markets mess with your head in ways that stock traders can't even imagine. Back in March '23, I panic-sold my entire LINK position at $5.86 because I was SURE it was going to zero. Bought back in at $8.37 like the genius trader I am. I've got the Coinbase receipts to prove how emotions destroy rational thinking. My worst trades are always when I'm either terrified or greedy.

During last October's flash crash, our Discord lit up with screenshots of 2018 portfolios that recovered 10x by 2021. Having that historical perspective when everyone else was panicking helped our newer members hodl through the volatility. Meanwhile, Reddit was filled with horror stories of panic sells and liquidations.

Our Community Culture (With All Its Messiness)

You'd think a crypto community would be all harmony and shared goals. Ha! If you've been in our Discord for more than a week, you've seen at least one emoji war break out.

When the House Blockchain Act dropped, our members lost their minds. Dave (works at some fintech compliance firm in Boston) wouldn't shut up about how the $1.7T package would "finally bring institutional legitimacy to properly structured projects."

 Meanwhile, Aisha (been with us since day one, runs three nodes from her apartment) called it "regulatory capture dressed as innovation" and started using the 🤡 emoji on all of Dave's messages.

She actually changed her username to "Dave is Wrong" for three days. He retaliated by creating a 16-page Google Doc with regulatory citations. It got petty fast. Someone created a poll asking members to vote on who was being more annoying, and honestly, it was pretty close.

Honestly, sometimes the only thing that keeps these discussions somewhat productive is this trick someone introduced last year (and everyone else just kind of naturally adopted it). People started asking "what would change your mind?" Sometimes it works amazingly well. Other times people just ignore it completely.

Back to Aisha and Dave's story. Neither would admit being wrong directly to each other (too much pride at stake), but I noticed Dave quietly removing the most hardline pro-regulation parts from his Google Doc. Meanwhile, Aisha started asking questions in the regulations channel about which compliance frameworks might actually make sense for DeFi projects. They're still not "friends" exactly - Aisha rolled her eyes HARD when Dave suggested more KYC would be "good actually" - but they're at least functional community members again. Progress, I guess?

Different Crypto Journeys, Different NeedsFor Absolute Beginners: Real Guidance That Doesn't Suck

Take Marcus, a 52-year-old former bank manager from Chicago. He joined last September knowing nothing about crypto except "Bitcoin = bubble." After connecting with Julie, another banking veteran, he went from confused to confidently running a small validator node in just three months.

"I would've given up without Julie translating staking rewards into traditional banking concepts," he told me over beers at our Chicago meetup. "The official guides were useless for someone with my background."

Our beginners usually start with our Blockchain for Beginners guide but quickly move beyond basics through personal connections. The learning curve compresses dramatically when someone's helping you navigate.

All that but we're embarrassingly bad at explaining things to creative types. Though we're slowly figuring it out. Maybe.

Beyond the Basics: Breaking Your Crypto Echo Chamber

Once you've been in crypto for a bit, you develop blind spots. I certainly did. Followed all the same Twitter accounts, listened to the same three podcasts, missed entire sectors that were developing right under my nose.

Last March, Chris (one of our DeFi specialists who missed the entire NFT boom because he was "too focused on yield farming") built this spreadsheet comparing various protocols. It started simple but evolved into this monster document tracking impermanent loss calculations, platform risks, exploit histories, and potential yields across a bunch of major protocols.

So... What Now?

Look, I'm not gonna claim our community is perfect. We've had our share of bad calls (our SOL price predictions in early 2024 were embarrassingly wrong), and sometimes the Discord gets so chaotic that even I take a few days off.

But trying to navigate crypto alone is just... painful. Trust me, I did it for years. Endless nights of conflicting research, missed opportunities, and that constant nagging feeling that everyone else knew something I didn't.

Maybe you're happy processing the endless firehose of crypto content on your own. If so, you're either superhuman or lying to yourself (sorry not sorry). For everyone else - we're around.

Come hang out. Worst case, you'll find some interesting people to argue with about blockchain technology.

coinminutes.com - All our articles live here

Twitter: @coinminutesnews (that might as well be my account at this point)

Telegram: t.me/coinminutescommunity - Our most active spot, especially around major market moves

Discord: discord.gg/coinminutes (still trying to get this one off the ground)

YouTube: youtube.com/@CoinMinutes. Fair disclaimer though, we only upload videos whenever we remember that YouTube exists.

Instagram (mostly just infographics, honestly): instagram.com/coinminutes

About the Author

Samantha Jordan is the Associate Editor of Trading and Investing at CoinMinutes. She joined in 2020 after a particularly painful experience with a leveraged ETH position that got liquidated during a flash crash. "I lost 70% of my crypto holdings in a single night because I didn't understand how the liquidation mechanics worked," she says. "I still can't look at the ETH/USD chart from that week without feeling sick."

Sam studied finance at Michigan but claims her degree "taught me absolutely nothing useful about crypto." Before joining CoinMinutes, she worked as a financial analyst at a traditional investment firm where she secretly spent most of her lunch breaks researching Bitcoin.

While most of the team considers her a Bitcoin maximalist, she'll defend her controversial position that "most altcoins will eventually go to zero" to anyone willing to debate. When she's not writing or trading, Sam's usually rock climbing or perfecting her grandmother's pierogi recipe (still not as good as babcia made them).
Links and Contact Details
No contact details added.
(No watches to list)
(No watches to list)
 
Shout:
Move reply box to top
Log in or create an account to comment.