One bad entry hurts.
Two FOMO trades in the same day cost this trader roughly $907K. 😬
He spent $916.5K buying 7.28M $MEME around $0.126, then sold for just $353K.
Loss: $563K (-61.45%)
Then came $SLINK.
He spent another $356K to buy 8.93M $SLINK around $0.04, but eventually sold for only $12K.
Loss: $344K (-96.62%)
Total damage: ~$907K.
The painful part isn’t only the money. It’s what happened between the two trades.
After taking a huge loss on $MEME , he jumped straight into another trade instead of stepping back.
That’s FOMO.
A bad trade can happen to anyone. Chasing the next move right after one goes wrong can make it much worse.
The wallet activity is here:
https://debank.com/profile/0x010496b7017b9ed0c8e9c2ecebdc7d6b325c4af1
Don’t let one loss turn into the next one.
Disclaimer: This is not financial advice. Do your own research and manage your risk carefully.
Two FOMO trades in the same day cost this trader roughly $907K. 😬
He spent $916.5K buying 7.28M $MEME around $0.126, then sold for just $353K.
Loss: $563K (-61.45%)
Then came $SLINK.
He spent another $356K to buy 8.93M $SLINK around $0.04, but eventually sold for only $12K.
Loss: $344K (-96.62%)
Total damage: ~$907K.
The painful part isn’t only the money. It’s what happened between the two trades.
After taking a huge loss on $MEME , he jumped straight into another trade instead of stepping back.
That’s FOMO.
A bad trade can happen to anyone. Chasing the next move right after one goes wrong can make it much worse.
The wallet activity is here:
https://debank.com/profile/0x010496b7017b9ed0c8e9c2ecebdc7d6b325c4af1
Don’t let one loss turn into the next one.
Disclaimer: This is not financial advice. Do your own research and manage your risk carefully.
