The above notion is from a wise investor: Warren Buffet.
There are plenty of great crypto projects out there, but buying into something you don't understand is going to get you burned.
A simple portfolio is diversified amongst investments you can explain the value to anyone who asks. Every dollar invested should have a mission.
If you have to ask if a dip is precedented or not, then you probably are not confident in the projects you are supporting.
If you want to take moon shots, that's okay, but you need to be mentally capable of that.
As for me, and my recommendations, only buy into what you firmly understand. Only then will you see dips as simple market fluctuations, and not the world crashing down. Only then will you re-invest and produce more gains.
If you back projects you believe in, and trust, your investment career will be much more fruitful, simple, with less stress.
Chasing projects only thins out your portfolio, minimizing your realized gains.
