Bought where no one cares,
Sell when there is a lot of buzz.
This quote does convey a realistic and sometimes embarrassing cryptocurrency market phenomenon, especially within the cryptocurrency space.
This quote emphasizes the “buy where no one is buying” strategy when it comes to buying cryptocurrencies. This means buying an asset before it attracts widespread attention, which often comes with a lower price. Such an approach helps investors avoid exorbitant prices, but it also requires more patience, as it may take time for the market to recognize the asset's potential.
However, this quote also mentions the embarrassing reality that holdings of cryptocurrencies may go unnoticed in the market or even be in a downward trend. This leaves investors passive and confused. It can be overwhelming when you see 995 out of 1,000 coins currently in the doldrums.