This is an example of my considerations before making a trading decision. It's not as simple as pressing the buy or sell button!
I've never entered the market because a coin was pumping. I entered the market before they even did any of that!
Because even big professional players don't gamble in the market, they will carry out a thorough analysis both fundamentally and technically before making a decision. They will buy gradually (accumulation) and sell also gradually (distribution). Because that's the only way they can make optimal profits without damaging the market.
Only amateurs with large capital do pumps and dumps haphazardly, they will profit several times, but they will not last until the end because they are just gamblers who moved from casinos to financial markets, this history always repeats itself. There is nothing different under the same sun.
If you really intend to invest then do research, learn to analyze the market before making a decision. Use cold money to invest, and use good financial management. Look at the bigger outlook, use large timeframes to see macro movements, ignore microscopic movements, they are just momentary distractions. Enjoy your time and your life, and let your money work for you.
Disclaimer : this is not investment trading advice. DYOR TYOR
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Regards
BTW I find it funny to see people getting hooked on a new meme coin with the tick WIF. Incredibly irrational, gambling with meme coins is very funny, goodluck for that. HA HA HA HA