You found a coin you really like. After doing your research you decide to invest. But its at an all time high. What do you do?
Wait to invest. This market is very volatile. It can’t create a new all time high every day. At some point the price will dip and that is when you invest.
The price you end up investing at could very well be the previous all time high, but its not now. You know that the coin can go higher and probably will.
You do not want to be the person who buys at an all time high and then watch the price drop. It is not a good feeling.