It's really up to you,
(a) if you go trading, you need to spend some time, although you need some basic to advance technical analysis, so the risk is still there.
(b) be just an investor, buy during the dip, be a long term holder, learn how to protect your account at all cost.
So you have to see what fits your schedule here.
But there is also someone who trades and hodl just like in
BTC, since this token, you can accumulate more profit and its price also will increase