There are many mistakes that we make when we first get to know crypto and that happens naturally because we are still in the early stages of being here. Generally, we make almost the same mistake of storing coins or bitcoins on a centralized exchange so we don't care about the level of security of the assets we own. Buying meme coins just to expect huge profits and in reality it will end up losing value and we get nothing from the purchase.
It's always true to be cautious with centralized exchanges and be responsible for our methods to store our bitcoin.
How to back up a seed phraseReminder: do not keep your money in online accountsThe paranoid user's security guide for using Electrum safely.Furthermore we do not have the ability to analyze bitcoin and more often than not use unqualified predictions about its journey. In the end we learn from mistakes and try to provide knowledge for maturity in thinking and I'm sure most of us made the same mistakes at the start.
Even senior investors who are in the market for years, don't predict the market price movements because with their experience, they know that all predictions are wrong and can not help their investment portfolio.
History is important and they can analyze past cycles, how a bear market ends and how a new bull market starts, how a big bull run usually lasts. From all of these analyses from past records, they can build up their investment strategy within one market cycle, about 4 years, or longer, but they don't predict the market. Making predictions is for newbies who don't have enough experience and usually have high belief that they are 'smart' enough to make correct predictions.