Most people keep making the mistake of TIA, which is to crazily buy the dip when the price drops from $20 to $10.
The reason is simple; everyone's reasoning is the same: the future ecosystem will thrive.
But the problem is, if the current valuation already fully reflects future expectations, then all your actions are just barely maintaining that valuation. How should you respond to this situation?
Just like the 1/99 house-building theory applies to 99% of projects in the crypto space, do you really have the courage to bet on that 1% project?