Agreed. I was laughing at the start of it because he was literally describing me - I read @Haejin's post about a month ago on TRIG and decided "yeah I can make a quick 40% on that" and like an idiot for the first time ever I went almost all (90%ish) in - and bought at top just as it started to decline. Then after losing significantly on that as it corrected I panicked and went all in on another couple of cryptos seeking to instantly regain my losses and ended up wiping 50% of my portfolio value.
Until that point I'd maintained a steady 20-30% profit overall (beginner's luck) so it was a very strong and badly needed lesson. Since then I've maintained a reasonably diversified portfolio on reliable projects though I'll still play a couple of ETH every now and again if I see something with potential for quick profit/PnD (recently ARN, GVT and HST).