if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:
- You follow a persons advice through his social account post example is Elon musk
- You still believe that a certain coin will come back from the dead even though you already knew its a scam
- you just follow your instinct and never make single research
- emotions still control you to decided
mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.
Moat of people who lost in this cycle is new comer buy on top ( $60k for btc / $0.70 for doge / $4k for ethereum ). They only comes because of FOMO and not doing good due diligence. For those who still in lose, my advice is " Buy bitcoin amd Hold ". Learned the lesson not to buy doge or similiar hype coin. Hope you will get your money back in the next bullish run ( my prediction is at Q4 2021 ).