Timing the Market
How amazing would it be if you could make $1 million with just 1 stock. At any point of time, if you google or check Youtube, you will find a stock that has all the hype from finfluencers. You just need to then put all your money in that stock when it is at its lowest point and sell when it is at its highest point --> This is called "Timing the market". I mean, technically speaking, if the stock is growing like wild fire, you will definitely grow your money, there is no doubt about it. Then what could go wrong? The problem is, no one, literally NOBODY in this world can "time" the market. This means, you will have no idea when the market is going to go up or when it is going to crash.
Check out this video: Warren Buffett: Market Timing Is Both Impossible And Stupid