As every trader says, trading isn't for everyone so if you are into looking forward to high profits having a lack of knowledge and experience, trading isn't for you. Good for you that you were able to make in other markets as you say, the forex.
My experience was the same as yours, didn't made that much on my beginning days. Until I've decided to stop it and just focus in holding. I guess you can consider that there's still trading in it but, it only happens when you want to sell at a higher price or buy when the price was a bit low but you have to wait again. So it's a combination of patience and target selling/buying.
Exactly! Trading is not for everyone.
Hodling also has its downsides. I invested heavily in so many projects back in 2017/2018. I was hoping one of them will be the next bitcoin.
Even though i took partial profits, i literally lost most of the money i left on the table. Losing in crypto is outrageous; you get to lose a large % of your investment in just one day.
I believe everyone needs to know what cryptocurrency investment entails and invest what they can lose.
Everyone has the same mindset way back those years because it's the era of ICO. Many thought that there will be something new that can kick bitcoin out of its place but it's proven to be a wrong mindset because bitcoin will remain at the top.
Those lessons and experiences that we've learned during those times are helpful if you apply it in today's time. Investors, trader or holder, there's always an attached risk that we have to remember.