For a trader or investor, a "wait and see" strategy means buying higher with lesser chance of losing big but buying now may mean huuuuge profits.

Buying every new coin that shows up is not the best line of practice in trading. One has to wait and see how the coin fares before investing in it - the key to high profits is investing once the price starts to rise.
That's what they said at 1000 sats per AMP.