A part of it maybe is true.
But if he falls and losses, you're also going to loss and that's what we're trying to avoid. Just like what the others are saying, it's better to have experience than it.
Your experience will make you better at looking for those alts before they might pump.
but once you do have that thing then you would be having edge compared to others since you do know on how to act.Right time is unknown since this market could move out
randomly neither having those sentiments around or doesnt really have any info or any signals or signs on early basis thats why it do differs on person to person.
That experience of yours will give you the time of thinking if you're going to buy at the moment or wait. Or if you're holding a certain token or altcoin, that will help you to think if you should start selling.
Experience of missing the point of selling at the right time would also help you out sell whenever you're in profit. And that's the same for the buying point for the alts that will give you profit based on what you think and analysis.