610 Cut Changes 2.2 Million USD! The On-Chain Worst “Sold Too Early” Big Shot Is Born?
Fam, an epic sell-too-early drama played out on-chain again! A trader originally bought PONS for just $610, then cashed out happily after making a profit of $556.
Now this batch of tokens has surged to $2.2 million! They literally missed brushing past a millionaire by a hair’s breadth! So is this the fate of retail traders who can’t hold onto explosive gains, or is it an inevitable tragedy under the on-chain PVP rules?
After seeing news like this, many retail traders pound their chests and even start brainwashing themselves: “I’ll never sell—even if I buy a shitcoin. I won’t leave unless it does a 10,000x!”
Stay calm! If you look from the rearview-mirror perspective to account for survivorship bias, it’s the fastest route for a retail trader to go bust and end up at zero! You only see that he sold too early for $2.2 million, but you don’t see the other 9,999 retail traders who refused to sell and held till the end—only for their tokens to turn into worthless trash!
Lock in profits is always right. Selling too early is an unavoidable cost in the process of making big money $HOODB
Fam, an epic sell-too-early drama played out on-chain again! A trader originally bought PONS for just $610, then cashed out happily after making a profit of $556.
Now this batch of tokens has surged to $2.2 million! They literally missed brushing past a millionaire by a hair’s breadth! So is this the fate of retail traders who can’t hold onto explosive gains, or is it an inevitable tragedy under the on-chain PVP rules?
After seeing news like this, many retail traders pound their chests and even start brainwashing themselves: “I’ll never sell—even if I buy a shitcoin. I won’t leave unless it does a 10,000x!”
Stay calm! If you look from the rearview-mirror perspective to account for survivorship bias, it’s the fastest route for a retail trader to go bust and end up at zero! You only see that he sold too early for $2.2 million, but you don’t see the other 9,999 retail traders who refused to sell and held till the end—only for their tokens to turn into worthless trash!
Lock in profits is always right. Selling too early is an unavoidable cost in the process of making big money $HOODB