I have definitely fallen under the undercapitalization myth. Especially when I was first starting. Definitely remember getting in ICX @$2.30 and after a month or so, it went up to $3.3 - $3.5 range!
I remember doing the math and saying, say whatttt, I already made almost 50% profit just by doing nothing huh… if only I had put more money…
I think this happens to a lot of the new people when they first get into crypto. You make gains in your first or second trade and that gives you a certain confidence so you start looking into new projects, check out youtubers, read the news. Then, when you think you are ready and drop some money on a project but because you thought you knew the market but actually don’t know shizzless and you get in at the end of the bull run for that session and next thing you know, the price starts going down, cent by cent by cent while you start freaking out and the only thing that can think of it is to SELL ASAP! so you try to make a sell order while the website freezes and next thing you know, it went down 10-15% in a matter of minutes… then you feel like the dumbest person telling yourself WTF! did just happened, I did all the research and there was this event lineup, this partnership announcement, etc.
That is why, I personally believe that if you find a good project and everything checks out with your research + your community members and leaders, buy in and HODL that thang like is an I.O.U from Jesus.