[MadeThisToReply]

This was my main lesson. I lost some money on Terra/Luna - thankfully much less than $5k, but still enough to sting. Looking back, I can see that I really had no idea what I was getting myself into and it was mostly just FOMO.

Obviously I'd rather still have the money I lost, but in a sense I feel lucky. If Luna had waited an extra six months to collapse I would have become confident enough to put more money in, i.e. I'd have ended up losing even more. And I'll definitely be putting much, much more thought into any kind of crypto "investments" I make in future. The money I lost was a small price to pay for the lesson I've learned.

[Tarsul]

yes, I had similar lessons years ago with options, forex etc. (ok, yes... I needed more than one lesson :D) However, since I am a person that likes to "risk" their well-earned money, I think it's good that I have burnt my fingers early when I had less money. Now I have learnt that at the very least I should not put all my money into one bag. That's the biggest lesson: Split your investments. Split your accounts even. It doesn't rescue all your investments in a downturn but at least you'll likely never lose more than 50%.