My exorbitant lessons in last bull market

[Flexystar]

Watching YouTube videos ? You got to be kidding mage, that’s really bad idea in the first place since you can’t believe in YT anymore as they are just putting anything they want in the videos so that people can get engaged and they themselves earn money with the advertisement shown by YT, that’s all the purpose of those videos. Sounds hilarious and it indeed is that way.

I just hope you have not lost too much money in the process. If you really want earn with the meme coin then be master player in the field because it takes time and proper research to invest into them.

[serjent05]

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.

Never believe anything on Youtube unless you do your own research deligently.  Most of YT vlogger are paid to hype projects and often exaggerates a simple experience they had on cryptocurrency.  Most of them actually never experience stuff they are saying but just relying on other experience that suits their topic and exaggerate it.

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.

Again, research is very important, most of the time our friends suggestion may flop making us lost too much if we rely on their information.  They aren't the project developer.  It is good to listen but we need to verify the statement before leaping to a decision.

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.

$100k per BTC is very possible.  If you have funds now, better to buy BTC @ a highly discounted price.

[Oilacris]

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.

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.

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.

These are the main things that could happen if you do always make yourself get hyped on what you do see around and not making your own judgement basing up on your analysis.
Even myself is guilty of this when im still a newbie on which i do really make myself believe on good things that i do see around without even realizing that it is really just a trap.
Meme coins in the past are nothing but when someone hyped it up then it did really become valuable.No one really knows on what the future holds
but mistakes and errors could really make you even more wiser and experienced as you do go ahead.

[Oceat]

It's not your fault for not knowing everything when you just want to get profit but unfortunately, you were being played by them thinking you could do the same when in fact you were just gambling and ended up with a lot of losses. You should learn with those mistakes because it's not easy to lose money in the process thinking you could make profit.

Rumor can ruin everything if you just straight believing them without finding out the truth and newbies will always be the first victim of this trap showing/enticing them with how they make money just by doing this and that.

[wxa7115]

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.

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.

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.

Those are a lot of lessons you needed to learn but while you may feel like the losses are too great, believe me when I say to you that this is not rare at all and there are many people which made way bigger mistakes than you.

In my case probably the only mistake I made during this bull run was to not invest more in bitcoin after its crash on March of 2020, but I do not think too much about it as no one knew how bad things will get due to the pandemic, so it is a mistake I can easily let go.

[RockBell]

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.

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.
 
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.

Anything alt coins I try to avoid as much as possible majority of them are shitcoins and full of hype and within a short period you start facing challenges of no buyer and a large number of people that want to sell, I personally have experienced that so many times, especially on coinsbit so many projects with no prospect, the best thing is just to avoid them and invest in more reputable projects is much better, lots of altcoins with pump and dump issue that what usually happens.

[maydna]

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.

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.

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.

Those are a lot of lessons you needed to learn but while you may feel like the losses are too great, believe me when I say to you that this is not rare at all and there are many people which made way bigger mistakes than you.

In my case probably the only mistake I made during this bull run was to not invest more in bitcoin after its crash on March of 2020, but I do not think too much about it as no one knew how bad things will get due to the pandemic, so it is a mistake I can easily let go.

I've had it before, and I've probably lost a lot. But that doesn't stop me from learning more because I'm sure it will be useful for me in the future. That's called we can learn from past mistakes to improve it now and get better future results.

We are all learning to improve at investing or trading, and we will continue to do this if we still want to profit in crypto. I'm sure we still want to achieve the targets we have set before, and only working hard will help us achieve them.

[TheUltraElite]

Well the first lesson has been learnt by every other newbie to the crypto market, not just in 2021-2022 but every day every month every year someone is losing money buying shitcoins and realizing it late.

On the other hand, bitcoin buying seems to give them a no-no impression because the price is high such that they cannot by whole number amounts, which is absurd to me, because knowing the actual value of 1BTC in fiat and the possibility to buy a few fractions of BTC makes this this ridiculous. One should focus on buying fractions of bitcoins and accumulating the same and then sell at the profit point.

The earlier one realized that altcoins are secondary and bitcoin is primary to making profit, the better it is for them.

[sana54210]

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.

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.

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.

My biggest one was not keeping more of it to be fair, I could have kept more coins instead of selling them, even if it was bull market, I could have saved some aside. I got greedy, earned a lot, and I mean more than I have ever seen in my entire life, it was a huge huge amount of money, and then I ended up spending it all to make even more, and I lost it all. I got involved with business ideas and they all crashed and I paid the debts of it even today.

It’s not smart to never say "this is enough", you need to at some point realize it’s enough and stop wanting more. If I only put it all on bitcoin and waited, sure it would have dropped, but at least wouldn't be all gone.

[pawanjain]

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.

Well, I found that out in the 2017 bull run because there were many projects that got launched in the ICO era of 2017 but many of them vanished in the bear market. So I knew, not all coins are meant for investing.

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.

I didn't have enough money to buy mining equipment but even if I had I would rather stick to buy coins directly than investing in mining equipment.

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.

The target is still achievable but yes we do have to stay up to date with the trend and take out the profits at the right time.
Unfortunately, I didn't sell any of my coins at ATH and still holding on to them. But I am not upset because I know the new ATH will be much higher.

[TimeTeller]

Well the first lesson has been learnt by every other newbie to the crypto market, not just in 2021-2022 but every day every month every year someone is losing money buying shitcoins and realizing it late.

On the other hand, bitcoin buying seems to give them a no-no impression because the price is high such that they cannot by whole number amounts, which is absurd to me, because knowing the actual value of 1BTC in fiat and the possibility to buy a few fractions of BTC makes this this ridiculous. One should focus on buying fractions of bitcoins and accumulating the same and then sell at the profit point.

The earlier one realized that altcoins are secondary and bitcoin is primary to making profit, the better it is for them.

Most users who believed in buying meme coins or tokens are the ones who are thinking that they can really get high profits.
However, only few of them can be valuable as most will die down fast after pumping in the market.
Buying small amount of btc is still worth it as long as you have long-term goals on this coin.
It is not because you bought today, you need to sell it the next day, which may incur losses given the market condition.
It may show losses today but in the next months or years to come, it will give you profits.
However, no one can assure you when will it rise from your buying price. But do take note that you bought, because you have hope in this market.

[freedomgo]

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.

I'm definitely not saying that people should try it (because 99% of people shouldn't), but this strategy can work. You just seemed to have picked crappy meme coins. Can't blame you though, pretty hard to look for the next DOGE or SHIB in the huge black sea of memecoins.

YouTube videos are still useful when it comes to investment tips that will most likely to succeed afterwards. However, it’s also certain that a lot of rigged investments are spread online, so you have to be very careful and cautious which investments to take. And when it comes to meme coins, you have to spend more time of making DYOR so that you will not fall into shitcoins, and become regretful at the end of the day.

[Slow death]

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.

these guys from youtube channels just worry about having a lot of subscribers, likes and views, they don't do research on altcoin well and sometimes altcoin owners pay them to do a good review and deceive people, it's something sad

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.

did you believe in your friend to the point where you spent money on mining equipment? don't blindly believe people, always do your own research and make your own decisions

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.

 

these exaggerated price predictions have already made many people lose money

[GeorgeJohn]

Sometimes I don't take some certain information i obtain online as serious one, instead i make my own research of cryptocurrency to know exactly what cryptocurrency is all about, cryptocurrency investment is base on your personal decision that will determine if you will run an investment with a platform or not, but some people do not investigate indecencies that they are curious to make profit as it's portray or informed by a friend, so any information heard concerning cryptocurrency investment supposed to scrutinized and peruse into it before venturing into it.

[serjent05]

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.

Well, I found that out in the 2017 bull run because there were many projects that got launched in the ICO era of 2017 but many of them vanished in the bear market. So I knew, not all coins are meant for investing.

I can add a few words on this, that is not all coins are meant for long term investment.  Some coins are good for short term such as pump and dump coins, medium term those who have potentials but have a huge possiblity to fall short and long term, those that are tested by time and market conditions. 

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.

I didn't have enough money to buy mining equipment but even if I had I would rather stick to buy coins directly than investing in mining equipment.

That is one smart move.  Buying coins directly will save us from the trouble of maintenance and possible early crash and errors of our mining machine.  It is a pain in the ass when our mining rig shutdown even before we get our ROI.

[livingfree]

Sometimes I don't take some certain information i obtain online as serious one, instead i make my own research of cryptocurrency to know exactly what cryptocurrency is all about

It is a nice approach that you do. If you've seen some information that seems to be good based on what you know, you don't have to trust it wholly upon looking at it.

cryptocurrency investment is base on your personal decision that will determine if you will run an investment with a platform or not, but some people do not investigate indecencies that they are curious to make profit as it's portray or informed by a friend, so any information heard concerning cryptocurrency investment supposed to scrutinized and peruse into it before venturing into it.

That's how many of the investors fall. They don't have to think of it and do their own investigation and research before trusting the market that they've known through overhearing it.

Like those crypto content creators that they watch, that's giving them some information that they quickly trust and becomes gullible with it.

[taufik123]

That's how many of the investors fall. They don't have to think of it and do their own investigation and research before trusting the market that they've known through overhearing it.

Like those crypto content creators that they watch, that's giving them some information that they quickly trust and becomes gullible with it.

These fallen investors are novice investors who do not have any skills to properly research the projects they are involved in. they only rely on other people's words via youtube, even though the people on youtube are influencers who have a goal to benefit themselves or the coins they market. when they already have a lot of advantages they will leave and leave the people who are starting to want.

Doing your own research would be better, and it's not easy but we also need to learn to have a foundation of knowledge in the field of crypto and market analysis. Don't just rely on other people's sweet words, it will be misleading.

[kapalmabur]

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.

I'm definitely not saying that people should try it (because 99% of people shouldn't), but this strategy can work. You just seemed to have picked crappy meme coins. Can't blame you though, pretty hard to look for the next DOGE or SHIB in the huge black sea of memecoins.

YouTube videos are still useful when it comes to investment tips that will most likely to succeed afterwards. However, it’s also certain that a lot of rigged investments are spread online, so you have to be very careful and cautious which investments to take. And when it comes to meme coins, you have to spend more time of making DYOR so that you will not fall into shitcoins, and become regretful at the end of the day.

Really consider carefully before deciding to invest because the risk will always be there,
regarding meme coins actually i don't underestimate it but i prefer to invest in altcoins,
choose an investment that has a small risk is important

[livingfree]

That's how many of the investors fall. They don't have to think of it and do their own investigation and research before trusting the market that they've known through overhearing it.

Like those crypto content creators that they watch, that's giving them some information that they quickly trust and becomes gullible with it.

These fallen investors are novice investors who do not have any skills to properly research the projects they are involved in. they only rely on other people's words via youtube, even though the people on youtube are influencers who have a goal to benefit themselves or the coins they market. when they already have a lot of advantages they will leave and leave the people who are starting to want.

Doing your own research would be better, and it's not easy but we also need to learn to have a foundation of knowledge in the field of crypto and market analysis. Don't just rely on other people's sweet words, it will be misleading.

Maybe they have their skills into researching but they don't want to do and implement it because they're lazy. Laziness will really let them fall into those traps even if they can be aware of these projects and fake content creators that are just shilling them projects.

Anyway, we all have ways of learning. The others are choosing as early as they can to learn, while the others, they're waiting for their mistakes to manifest before they learn a lesson.

They're choosing the harder way instead of listening to those advices that have corrected them and would have avoided those negative results.

[Pandu Geddon]

Anyway, we all have ways of learning. The others are choosing as early as they can to learn, while the others, they're waiting for their mistakes to manifest before they learn a lesson.

at least with their current bad experience, they will get better knowledge. at least it won't fall into the same hole.
it's up to still want to exist in the crypto market by increasing skills and knowledge. or exit the market at a loss and dissatisfied.
You're right, everyone has their way of learning. even in trading, more often than not we are knocked down before we realize a mistake.