"Never Buy the Top"
It's down by 40% now. This is a clear example of what happens when a market is overbought and eventually needs to cool off.
Those who bought at the peak are now providing the exit liquidity for others—a tough lesson in timing the market. This is why it's crucial never to chase the top. No one can predict with certainty whether the pump will continue or collapse.
Key takeaway: Never buy at the top. Let the market come to you.
