Crypto Cafe · by Lucas Silva · 2026-09-27

First month in crypto and yes I already got rugged on a meme coin

Before you roast me too hard: it was a small amount from my designated 'learn stupid lessons' budget. Friend of a friend was hyping some coin like it was destiny, chart went vertical, community was all rocket emojis, and... yeah. Rug pulled.

It wasn't financially devastating. Ego took a bigger hit. Posting for the next beginner who thinks obvious red flags only work on other people.

17 sparks · 7 comments

Comments

Mateo Cruz · 7 likes

'learn stupid lessons budget' is actually smart

Lucas Silva · 0 likes

It saved me from pretending I was making a serious investment decision

Iryna Melnyk · 3 likes

The hardest part is admitting the rocket emojis were, in hindsight, not due diligence.

Zeynep Demir · 2 likes

Friend of a friend crypto tips are cursed.

Chloe Davis · 1 likes

We've all had a phase where speed looked like proof.

Youssef Mahmoud · 0 likes

Tuition paid. Cheap lesson if the amount was truly small.

Priya Nair · 0 likes

The good news is this usually pushes people toward boring assets real fast.