Time rewinds to January 18th of last year, a landmark moment. At that time, the hot topics in the political circle quickly spread to the crypto world— a well-known political figure launched their own token, which soared from an initial $0.18 all the way up to around $75, a 400-fold increase.



Watching the market, countless people's fates were rewritten. But my story is a bit different.

I bought in at $74, fully believing it could hit $100. And what happened? I sold at just over $40. Looking back now, I know how absurd that decision was. I didn't profit from this wave; instead, I almost fell back into poverty. 🙃

Honestly, this case teaches more than any technical analysis ever could. In the face of market fluctuations, mindset and strategy are both indispensable. Many missed out on the 400-fold gains, but what you learn and how you adjust during the process are even more worth pondering.

$TRUMP This token's performance has become a thorn in the side of many investors.
TRUMP-5,62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ChainSpyvip
· 17h ago
74 in, 40 out. Wow, how strong must that mentality be? I’m honestly impressed.
View OriginalReply0
LiquidityWhisperervip
· 18h ago
74 in, 40 out. This move is truly a textbook-level cut, and I've also made similar foolish mistakes myself. Market conditions, no matter how strong the technicals are, can't withstand a shattered mentality.
View OriginalReply0
TokenomicsShamanvip
· 18h ago
Spending 74 yuan to buy into a high position at 75 yuan, and still wanting to push to 100? How optimistic is that mindset, haha
View OriginalReply0
RamenStackervip
· 18h ago
Selling at 74 was really the ultimate, just a little more, buddy. This is the curse of the crypto world. If you ask me, once your mentality collapses, everything is over; technical analysis is useless. TRUMP's recent move has indeed taught many people how to behave. One word: regret.
View OriginalReply0
SolidityNewbievip
· 18h ago
Invest 40 yuan and exit with 74 yuan, this move is incredible. I need to learn how to be this awesome.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)