I don't know what they expected when they invested in an Elamite company...

There must be a lesson here. We always find justification for some market play. Sometimes we can even be totally right: The guy shorting NFT because it is a scam when it was beginning would be right, but would lose a lot of money for 1 year before the market agree with him.

Probably why money management is more important than the entry point: Fix a stop loss and stick to it. And have a stop gain more than 2 time bigger than your stop loss (so even if you're right only half of the time, you'll make money)