My exorbitant lessons in last bull market

[GeorgeJohn]

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.

When they Fall to investigate before investment, that's what causes a lot people lost during investment, so it's one of the priority that we should take first in any of the cryptocurrency investment, so i therefore believe that cryptocurrency investment needs more research before venturing into any investment

[stomachgrowls]

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.

When they Fall to investigate before investment, that's what causes a lot people lost during investment, so it's one of the priority that we should take first in any of the cryptocurrency investment, so i therefore believe that cryptocurrency investment needs more research before venturing into any investment

Not only limited on crypto investment but also in other investment as well which it would really be that requiring sufficient knowledge and information before you would really be making out some decisions whether you would be proceeding or not and this is something that important which you do need to do.
Mistakes and errors are normal and this is really part of the learning process because we cant just be directly be pro on something that we havent encountered yet which means tthat
you would really be needing to adapt.
WHenever we do had some bad experience back in the past then we are much more aware on what are the move and actions to be made whenever we do face up bears
and vice versa.

[GeorgeJohn]

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.

When they Fall to investigate before investment, that's what causes a lot people lost during investment, so it's one of the priority that we should take first in any of the cryptocurrency investment, so i therefore believe that cryptocurrency investment needs more research before venturing into any investment

Not only limited on crypto investment but also in other investment as well which it would really be that requiring sufficient knowledge and information before you would really be making out some decisions whether you would be proceeding or not and this is something that important which you do need to do.
Mistakes and errors are normal and this is really part of the learning process because we cant just be directly be pro on something that we havent encountered yet which means tthat
you would really be needing to adapt.
WHenever we do had some bad experience back in the past then we are much more aware on what are the move and actions to be made whenever we do face up bears
and vice versa.

Actually we are not supposed to learn through experience by having a lost, that is while i always portray or emphasis that we have to stick on the movement of acquiring the knowledge of cryptocurrency first before embarked on its investment, learn everything and don't learn by your mistake, because your mistake maybe something that can caused you all your capital and you lost it in the aspect of learning by a mistake, so from perspective i think it's not really ideal.

[TelolettOm]

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.

It was just a bad idea to be inspired by a youtube video about being rich by investing in meme coins. You must know that they only tell you good things about meme coins, they will never tell you the risks. I don't deny that there are a few people who gain big money from meme coins, but most of them lose money because of investing in meme coins without any knowledge about the risks. The price of meme coins only increases during its hype. And the hype won't last a long time. Many people failed to exit (selling the coins) during the hype because too greedy. They just realize it after the hype is over. This actually happened to you and me.

[Baofeng]

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.

Right, those Youtube influencers could be part of the project itself and obviously shilling and showing some proof that you can make thousands of dollars. Nevertheless, it's a game that not everyone could win, specially if you don't know anything about 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.

At least you can still make money out of your old ETH mining equipment. And used this money to re-invest on just solid coins only.

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.

Everyone was lead to believed that $100k is going to be our minimum all time high last bull run. However, these predictions are just wild guesses so take everything with a grain of salt. And there is no expect in the crypto price prediction, just remember that.

[taufik123]

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 the advice that has corrected them and would have avoided those negative results.

Laziness is indeed a factor that makes a person unable to develop and stay where they are. No matter how great and professional they are if they stay lazy they will just walk into that place without being able to get out of their zone.

We all have our own way of learning, and different learning processes will have different outcomes as well. Maybe you can learn as early as possible to master how to do good project research so you don't get caught in the trap.

But some people prefer to get caught up in mistakes first so they realize that early knowledge is better than putting other people's words forward.

But still, the main goal of all of us is to make a profit and expect a bull market to occur.

[livingfree]

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.

That's the main purpose of it, to learn and to apply that so that it's not going to happen to them anymore. But as the reality, mistakes can still happen even if you're experience but you can minimize the effect of 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.

When they Fall to investigate before investment, that's what causes a lot people lost during investment, so it's one of the priority that we should take first in any of the cryptocurrency investment, so i therefore believe that cryptocurrency investment needs more research before venturing into any investment

I reckon, someone has to be that wise in doing their research first before they fully commit to an investment. And this isn't just for crypto but also for other investments that they can apply.

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 the advice that has corrected them and would have avoided those negative results.

Laziness is indeed a factor that makes a person unable to develop and stay where they are. No matter how great and professional they are if they stay lazy they will just walk into that place without being able to get out of their zone.

We all have our own way of learning, and different learning processes will have different outcomes as well. Maybe you can learn as early as possible to master how to do good project research so you don't get caught in the trap.

But some people prefer to get caught up in mistakes first so they realize that early knowledge is better than putting other people's words forward.

But still, the main goal of all of us is to make a profit and expect a bull market to occur.

Yeah, that's the main goal of it and that is to earn no matter how experienced we are and not. And those lazy folks that have enough experience and knowledge, they skip the researching part.

They are confident of themselves but it's better not to be confident as they are as the metrics changing from time to time and the market is always volatile as it is.

[dunfida]

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 the advice that has corrected them and would have avoided those negative results.

Laziness is indeed a factor that makes a person unable to develop and stay where they are. No matter how great and professional they are if they stay lazy they will just walk into that place without being able to get out of their zone.

We all have our own way of learning, and different learning processes will have different outcomes as well. Maybe you can learn as early as possible to master how to do good project research so you don't get caught in the trap.

But some people prefer to get caught up in mistakes first so they realize that early knowledge is better than putting other people's words forward.

But still, the main goal of all of us is to make a profit and expect a bull market to occur.

People are indeed different when it comes on approach when it comes to certain things, some might really be just waiting up for them to experience some errors or lost of money before they do learn or there are people

who do really tend to see and avoid those things which other people had committed or something that they do learn on someones mistakes and this is why they do really able to make actions which based up

on those experiences.You would definitely not able to avoid some circumstances though but at least you had done your part and be wise on every actions that you would take.
You arent really gonna improve if you do make yourself that lazy.

[libert19]

It's better to stay away from any kind of influences, just so you could stay clear in your mind and make rational decisions. Mind is an easy prey.

[wxa7115]

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.

It was just a bad idea to be inspired by a youtube video about being rich by investing in meme coins. You must know that they only tell you good things about meme coins, they will never tell you the risks. I don't deny that there are a few people who gain big money from meme coins, but most of them lose money because of investing in meme coins without any knowledge about the risks. The price of meme coins only increases during its hype. And the hype won't last a long time. Many people failed to exit (selling the coins) during the hype because too greedy. They just realize it after the hype is over. This actually happened to you and me.

It is important to try to be as objective as possible when we are learning more about this market, the information that you can find in social media has a very high bias towards positive results, but when you see the actual results people get you will see there is a negative bias.

This means the majority of the market participants lose money when they trade the markets, but if this is information you do not know nothing about then you will not take any precautions against the negative scenarios you may face, and the probabilities you will become a loser trader rise up dramatically because of it.

[Bhig Daddy]

We frequently go through these things since we are heavily impacted by cryptocurrency investors nearby, but it's also crucial that we learn from our errors. Before making an investment, we should always educate ourselves and conduct thorough research to avoid falling victim to hype or even believing in FUD and FOMOS. Understanding both the state of the market and the status of currencies will always be advantageous. Be as wary as you can while choosing coins because most of them merely achieve a favorable pricing during the buzz.

[KingsDen]

We have learnt many lessons in various bull markets but we do not put them into practice after sometimes. We always repeat same mistake every season of bear and bull.
I didn't make much mistake in the last bull run because I didn't invest much. It it was just that Shiba dumped on me that was the only mistake I made.  My BTC reduced my portfolio by almost 30% but I sold at lost which I don't regret
seeing where the price is presently.

The highest mistake anyone will make is to avoid buying NOW and eventually buys at the middle or towards the end of the next bull run.

[LUCKMCFLY]

We frequently go through these things since we are heavily impacted by cryptocurrency investors nearby, but it's also crucial that we learn from our errors. Before making an investment, we should always educate ourselves and conduct thorough research to avoid falling victim to hype or even believing in FUD and FOMOS. Understanding both the state of the market and the status of currencies will always be advantageous. Be as wary as you can while choosing coins because most of them merely achieve a favorable pricing during the buzz.

It is true what you say, because when we operate with news, we can lose a lot, so you have to know how to interpret the news, in my case I understood that sometimes bad news means buying and good news selling, because that is what Bitcoin Whale is like, because obviously a good news will make many want to buy while the whales want to sell, so the whales sell their btc while the weak hands buy, in part they would be being manipulated, and when there is bad news people or weak hands will sell their btc out of fear, and the whales will buy cheap, this is a type of manipulation that always happens, both in the crypto market and in all speculative markets.

[jrrsparkles]

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.

1. You fell for the marketing strategies by the big companies.

2. But he already showed the interest of converting so taking the risk is on your own so you can't really blame anyone for choosing wrong decisions, still you can mine other coins with GPUs but you decided to sell it for loss and again its your own choice.

3. Don't trust stupid prediction cause nobody knows what will happen in the future.

[Hamza2424]

So do let me know if these points give you the motivation to step forward and make your own decisions. As bri I am totally surprised on Point No 2 as that is a terrible investment because as much I think you should be concerned with some seniors well point no 3 that was an unexpected move of the market. That true everyone there was talking about 100K no body made his view on the Market crash..

[Johnyz]

It's better to stay away from any kind of influences, just so you could stay clear in your mind and make rational decisions. Mind is an easy prey.

In short, do your own analysis to avoid any situation like this.
ETH changed to POS makes a lot of miners regret their decision but I think some are still able to mine other coins using their old rig. Well, we should not listed to anyone’s advice easily, it’s always good to do our own research. Anyway, many are waiting for the $100k price of Bitcoin, it may happen in the future but no one knows when.

[kawetsriyanto]

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.

Agree. That is what we call "learning from mistakes".
OP should know what he prefers to do now, he must learn from 3 mistakes he has done previously.
Now, I'm pretty sure that he is trying to set everything with a realistic plan. And he probably tries to avoid investing in meme coins or coins with no fundamentals. The mistakes in the previous bull market already trigger him to improve his knowledge and skills. And it also makes him be more careful/selective in choosing coins.

[GreatArkansas]

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.

One of the many reasons why doing our own research first before executing is the best, by this way, we don't rely on someone so at the end of the day, we will not blame someone because they say so.
For sure, these will be your lessons, it's normal. A lot of people already experienced this especially me last 2018 bull run and I applied my learnings after that.

[Strongkored]

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 you didn't lose it all, you still can get back your money when selling the equipment because I see on social media if gpu is used mining then it is difficult to sell, especially if you tell it

from all experiences it happens because of listening to people's advice without doing any more research so that you end up at a loss.

My exorbitant experience in the bull market did not sell the 1 altcoin that I had after the price rose by thousands of percent because it focused on something else that turned out not to give any results, so on the bull market it is better to focus on what you already have and convert it to btc or fiat if it is already really profitable than looking for other opportunities that are very likely you have missed the train.

[laurenB7742]

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 you didn't lose it all, you still can get back your money when selling the equipment because I see on social media if gpu is used mining then it is difficult to sell, especially if you tell it

from all experiences it happens because of listening to people's advice without doing any more research so that you end up at a loss.

My exorbitant experience in the bull market did not sell the 1 altcoin that I had after the price rose by thousands of percent because it focused on something else that turned out not to give any results, so on the bull market it is better to focus on what you already have and convert it to btc or fiat if it is already really profitable than looking for other opportunities that are very likely you have missed the train.

By the time ethereum completed the merger moved completely to POS, mining equipment at that time was very cheap, I remember I saw somewhere an online store selling GPUs for very cheap prices, even losing more than 90% of the original price. It can be said that it is really a big loss for those who bought mining equipment recently but forgot to update the news.

About altcoins, this doesn't just happen to you. The market participants before 2017, I think they were all in the same situation, I also didn't sell any shitcoins at that time because I think they will last long and give bigger profits if held long term. It's an expensive lesson about altcoins so experienced people would never advise investing in altcoins, bitcoin is the best choice.