Jumping in when a crypto coin is hot can make it feel like a bad investment later.
For big profits, patience is key. When prices are crashing, hold off and wait for a good entry point.
Conversely, when prices are soaring, it's a good time to take some chips off the table and secure some profits, even if you believe the price will continue to climb.
Sometimes, a sharp price drop can actually be a buying opportunity, a signal that the price might surge even higher.
That's why having stablecoins handy is important - you can snap up these discounted coins and tokens when the opportunity strikes.