~snip~
Know what you can invest without going bankrupt
The crypto market is highly volatile. The price of cryptocurrencies may change significantly in a short period of time, and you may end up losing all your money if you are not careful. So, it’s best to invest only what you can afford to lose. Keep a diversified investment portfolio, with only about 10% fraction for cryptocurrencies.
You are definitely right, the crypto market is so very volatile you did not know when, where and what the reason for sudden dump or pump.
But as a title says, "Know what you can invest without going bankrupt". How could you know that you will never be going to bankrupt in investing in crypto? The best word here is, "Invest of what you can afford to lose but of course, you should know first the potential of a project".