I'm exactly 8 years old in crypto world. I've used to see the bear market multiple times. The time introduced to the topic of cryptocurrency and understanding of the concept, then madly hoarding sats afterwards. Also losing trades and money as education fees. Imagine this, my first goal after understanding BTC was that I should get into some altcoins , which goes higher in value, and then convert that back to BTC.
At that time it was NXT. It had already peaked and was on downhill move.
And I didn't had much understanding of market cycles etc.
This is what I was targetting: 0.00004000 (sats per NXT) * 200000 (goal to acquire total NXT) * 350 (BTC price at that time on average) = about 2800 dollars
acquired.
Then the value kept going down.
Lost few to mining/staking scams etc.
Worked and earned instead of investing.
learned more and things moved better.
If I had not converted those BTC to alt like NXT, I must be hoarding 8 BTC minimum right now which in today's price I could have had half a million dollars. I remember ETH being annoying around $1. Then some like stuff happened. Boom you hate everyone because you spent your pocket change on vehicle registrations and other government theft schemes. Could’ve invested and lived super life.