enjoy your mind trip but don't trip on your mind.
psychedelics are vastly open to interpretation. there's no set 'thing' they can and will cause to happen. besides the effects we know of, i'm more focusing on the 'spiritual' or mind-intensive side than the effects on the 5-HT receptors.
picture them as tools. you can use tools to your advantage or you can slam your finger with a hammerhead or squeeze it with a pliers.
it's not gonna cause you to realize you are gay and come-out IMO. what they'd do is challenge your ideas about sexuality and as everything changes, so do your inner thoughts. so with the mind in such an analytical phase, you're likely to overthink things that may not even be true about yourself.
at the end of the day, imo, nobody is 100% one way. it's too much of a grey area to say so. it's hard to see it in the older generations because they grew up shunning homosexuality and thus the majority repressed their feelings more so than with the acceptance we see today. with this acceptance we may internally feel safer to explore with our sexuality. it will be ignorant to say that it's nature or that it's nurture. it's more than likely both, just like any personality lexical trait. but ofc we are still in the transitional phase and people will still view you with that label if you chose to experiment 'out of the norm'.
but this is coming from someone who doesn't view sexuality with labels anymore. those labels were created by society and thus created the many insecurities people feel with the stigma attached to the 'abnormal'.
just be ffs.