Good read, you're absolutely right. I would add one point: diversify! Sure it's great to hit the coin which gets 10x gains, but we will see soon, that many so-called AltCoins don't have a value because there are a dozen which are doing exactly the same. Split your money in several coins you see value and a future in. The market as a whole will rise. And if you really invested in a shit coin you only lose a fraction of your investment and not all of it.