Never FOMO...
A trader chased two pumps today and lost over $900,000 in a single day.
It started when he saw MEME suddenly surge, so he rushed in with $916,500, buying 7.28 million tokens at an average price of $0.126.
But after he bought, MEME quickly began to pull back, so he sold his entire position and recovered only $353,000, losing $563,000 on the first trade.
However, this loss did not stop him from trading. After selling MEME, he immediately redirected almost all of the recovered funds into another token that was rising, SLINK, putting in $356,000 to buy 8.93 million tokens at an average price of $0.04.
This time the price fell even faster. By the time he sold everything, he recovered only $12,000, losing another $344,000 on the second trade, a loss of 96.62%...
$MEME
A trader chased two pumps today and lost over $900,000 in a single day.
It started when he saw MEME suddenly surge, so he rushed in with $916,500, buying 7.28 million tokens at an average price of $0.126.
But after he bought, MEME quickly began to pull back, so he sold his entire position and recovered only $353,000, losing $563,000 on the first trade.
However, this loss did not stop him from trading. After selling MEME, he immediately redirected almost all of the recovered funds into another token that was rising, SLINK, putting in $356,000 to buy 8.93 million tokens at an average price of $0.04.
This time the price fell even faster. By the time he sold everything, he recovered only $12,000, losing another $344,000 on the second trade, a loss of 96.62%...
$MEME
