What is your exorbitant lesson investing in crypto last bull market (2021-2022)? I will like to share mine...
1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.
That's why I stay away from watching Youtube cypto traders or influencers, because they make it look so easy to just invest a small amount and turn into big numbers. But it was not that easy and maybe they are part of a pump and dump group.
2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.
At least though, it won't go to waste and still make some money when you sold them to gamers and probably go back and invest on solid altcoins.
3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.
Who wouldn't? who would forget the S2F model that the majority believed? But I guess if you bought on the top then the best thing for you to do is just hold. No money is lost if you are not going to sell them, all you got is paper loss.