There are two major traps in a bull market, remember this!

1) Buying Bitcoin mining machines;

2) Investing or staking in cryptocurrency;

The former is a mistake I’ve seen many friends make, while the latter is a lesson I learned in 2021.

A 21-day staking period that can be unlocked is still somewhat acceptable, but in reality, I lost $10,000 in profit that year with Kava, simply because I couldn’t withdraw my stake. And then Kava died from that point on.