#The dev who fumbled $190 million đżïžđž**
Back in the PNUT days, the token's deployer was holding a bag that peaked at around **$190,000,000**.
Then he sold early.
Not at the top, and not even close. Looking at the chart now, it's one of the most painful exits in memecoin history.
But put yourself in his shoes. The coin was going vertical, the market was wild, and nobody knew if it would crash the next day. Even the devs were scared of holding too long.
**The lesson:** it's easy to call the top after it's already happened. In real time, greed and fear hit everyone, even the person who created the coin.
So have an exit plan *before* you enter, take profits in steps, and don't beat yourself up over what you left on the table.
What would you have done, sold early or held to the top? đ
#Memecoin #TradingPsychology
Back in the PNUT days, the token's deployer was holding a bag that peaked at around **$190,000,000**.
Then he sold early.
Not at the top, and not even close. Looking at the chart now, it's one of the most painful exits in memecoin history.
But put yourself in his shoes. The coin was going vertical, the market was wild, and nobody knew if it would crash the next day. Even the devs were scared of holding too long.
**The lesson:** it's easy to call the top after it's already happened. In real time, greed and fear hit everyone, even the person who created the coin.
So have an exit plan *before* you enter, take profits in steps, and don't beat yourself up over what you left on the table.
What would you have done, sold early or held to the top? đ
#Memecoin #TradingPsychology