Here, a trade went from $307 to $94,400 in a few hours
This trader was able to buy in on this meme coin at very early stage and he was very very lucky to sell off before the meme coin rugged
More details here
He bought this meme coin with $307
He sold at $94,400
He made a profit of $94,100
Wow, hope you can see why it’s good to always take profit, if he had not taken profit he would have lost everything
We have a trader who bought some meme coin with $38 and it pumped up to $63,000 and this trader failed to take profit, he kept saying
“ this is the next $WIF , and I’m holding my bags “
“This is the next $PEPE , not selling my bags “
At the end of the day, the meme coin rugged and it went back to $0
How do you go from $38 to $30,000 and you don’t take profit
You failed to take profit at $50,000
You failed to take profit at $63,000 until it rugged down to $0
You see what we call GREED!!!
You see what we call FOMO!!!!
It is really bad and disheartening
Personally, once we see $5000, we will take profit of $3000
Once we see another $5000 profit, we will take profit of $4000
At the end of the day, we have made money and if anything happens, we won
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