Yeah I went in big in crypto February 2021 to the present with penny stock profits. I have around 200K of my own money in crypto which is way down. My spending in crypto is for the most part done and will hold what I have. On the smaller ones, most likely my money is gone. If I can get just 1 or 2 big winners, it will cover all the losers. I just need a 1000 bagger or some hundred baggers. Easier said than done. Easier in OTC penny stocks which I have traded for over 30 years.
Timing is everything in crypto and the last 2 years have been a disaster for crypto Everyone is looking for the next BTC, ETH, DOGE and SHIB which may never happen as there are too many chains and tokens out there now. 95% still follow BTC and that is a problem. Cryptos need to move independently of each other, like stocks. Even in a bad market some stocks go up. In crypto if BTC is down, almost all are down. Not to mention the lack of security and trust, hacks and regulation that may be coming in crypto