Mistake № 1. Buying on the top (loss of profit syndrome).
in other words, don't get FOMOd. specially if the coin recently pumped, except if there's
a certain partenership, etc. that could base why the coin pumped. analyze carefully the chart.
partner TA with FA.
I think there's a large proportion of people falling in for this as they feel it will continue going up and then it will make it much harder for them to buy the coin which sometimes can happen but I haven't yet seen a situation when the price didn't drop. So its something to really consider.