I realize that one of the greatest lessons from the best investors *(and I'm not saying that cryptocurrencies are an investment)* is:
"... The mistake is to buy when the price is high and sell when it's low."
Hold on... I'll explain:
- It doesn't mean that we only buy when cryptocurrencies are plummeting or at values well below normal. It's necessary to investigate, try to learn about the project, analyze the cryptocurrency's chart... but what if I don't know anything about analyzing charts? That's part of evolution.
For everything in life, you need to know before investing (or investing your time). You don't marry a stranger (unless you're from a different culture than me).... finally, DYOR is an expression that means "DO YOUR OWN RESEARCH"
