In addition to that;
- invest only good coins, not shitcoins or hype.
The wrong choice of coins will literally end up mostly in losing. We need to be smart not just only in picking coins but also in making decisions. I do agree to keep learning, invest more time studying the market as this will help a lot to determine a good time to buy/invest and the best time to sell them.
The whole funds will only go into waste if in the end, you resort into wrong decision making. Let's say that you follow all those advices for crypto investing, but to think that you are not that good in selecting coins to invest, if you fall for those coins with red flags, then everything will end up in a mess. So as much as possible, if you think you are not capable to create right decisions, then just play safe. Buy and hold bitcoin. With patience alone, you will end up reaping huge profits when bitcoin price surges and settles into its new ATH.