So a coin that you've never heard of is suddenly in the top 10 and it's pumping? Is it the time to buy? Time to FOMO and not miss the gains?
No! Stop falling for the same mistakes I did. Thrice!
THETA (Down 52% from ATH) , ICP(Down 90% from ATH) , Filecoin (Down 69% from ATH)
If a coin that you've never bothered to research or buy during it's nascent stage is doing well, let it play out. Wait for a correction. Only then you should enter.
The price going parabolic means it's already in euphoria stage and it's rewarding the old buyers. The new investors will be left holding the bag in the next correction.
Looking at you Solana
Disclaimer: This is just my opinion and my personal experience. The projects I've mentioned aren't bad in any means. It's just that I bought them in the euphoria stage during the bull run and now holding the bags. I still hold them for the long term.
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