1 mistake I've made in the past is getting married to trade ideas and not being able to take the loss. $PUMP is a good example of a coin where I think it's *much* better to buy it on the way up than try to knife catch on the way down. It's too volatile and, while it does have good mind share, I think that it needs extreme capitulation first to wipe out everyone. I'm done with this coin for now and I'm happy to buy it after it makes that first 50% move up and hopping on the train then. Until then, I will simply observe