Yesterday's top gainer is today's top loser.
$LUMIA just dropped -26% in a single day.
The cycle never changes. Retail gets excited, buys the top, and becomes exit liquidity. ๐
Read this three times if you need to:
1. You are never early. You are exit liquidity.
2. Vertical pumps create vertical dumps. There is no support to catch you.
3. Spot only. No leverage. Liquidation ends the game forever.
Protecting your capital is the only job you have.
How much money have you donated to "top gainers" this month because you thought you were early?
#Lumia
$LUMIA just dropped -26% in a single day.
The cycle never changes. Retail gets excited, buys the top, and becomes exit liquidity. ๐
Read this three times if you need to:
1. You are never early. You are exit liquidity.
2. Vertical pumps create vertical dumps. There is no support to catch you.
3. Spot only. No leverage. Liquidation ends the game forever.
Protecting your capital is the only job you have.
How much money have you donated to "top gainers" this month because you thought you were early?
#Lumia