1/ One painful lesson that myself and many others have learned over the years in crypto is that listening to "the crowd" is often terrible from an investing point of view.

Some examples

2/ If you had listened to the (very large) crowd of people who told you Bitcoin was a scam, would never work and was only used by criminals then you would of missed out on basically all of BTCs price appreciation over the years.

3/ In 2016, after the DAO hack, if you had listened to the crowd that were saying Ethereum was dead, a scam, and would never work, then you would of missed buying ETH between $5 and $10 before it exploded to $1400 in 2017.

4/ More recently, and it pains me to say this, if you had listened to the ETH perma-bulls who said all value generated on Ethereum would accrue to ETH then you would've missed out on buying "DeFi tokens".

5/ So the lesson here really is that listening to "the crowd" when it comes to investing is usually a terrible idea.

The people that have had their own educated thesis' and stuck to them with conviction have typically profited the most in this industry.

6/ What I think "the crowd" is getting wrong these days:

- Many people still believe that eth2 isn't ever going to launch
- People are sleeping on how far layer 2 tech has come
- Capital is still being misallocated to "Ethereum killers"

7/ There are always plenty of investment opportunities to be had in crypto if you keep an open mind.

In saying that, there are *a lot* of scammers and charlatans that will try to extract as much money out of you as possible.

Stay safe out there!