As with many bull runs in the past, there are numerous new-comers who spend significant amounts of their cash and buy near All-Time-Highs.
If their purchases worked out for them, that’s great. However, most of the time new-comers are more prone to panic during large percentage drops & sell their holdings at huge losses.
We always hear advice to buy during dips. This strategy might or might not work depending on how the markets are going & other real world factors.
What advice would you give to a new-comer looking to participate in the crypto ecosystem?