Absolutely spot on. I see so many newcomers treating crypto like a casino, which almost guarantees the outcome you described.
My approach is to 'HODL' a core portfolio of assets I believe in for the long term, but I combine it with a disciplined DCA (Dollar-Cost Averaging) strategy. This means I'm not trying to buy the exact top or bottom. I buy consistently, which smoothes out my entry price over time and completely removes the stress of short-term volatility.
This post is a necessary reminder that patience isn't just a virtue in crypto; it's a strategy.