RESETTING AND HOW TO DEAL WITH IT

Part 1 💻

This post is about my colleague in the industry — an inflator and a flipper, who was heavily hyped in narrow circles in 2024. I won't mention his name, but I will say that this person lost his apartment and 700k$ literally in 3 weeks. He really reset, not just for the sake of the post, leaving himself only 800$ in cash, 500$ of which will go for renting an apartment in a month.

I knew this person since the summer of 2021, and then he earned money with blood, sweat, and tears. He didn’t have withdrawals like I did with 6-figure + amounts, but he was pulling out 30-70k$ from each case of retro drops/shields/nfts/arbitrages.

The story began with the exit of Trump/Melania when he caught the harshest tilt, not earning his first 6+ figure withdrawal. Then FOMO increased the screenshots of hundreds of thousands of dollars in profit, which kept him awake, and he lost his first hundred by entering Trump at 48$, hoping to sell it at 100$. In his head, FOMO > analytics, and even when I explained to him the reasons why he shouldn’t buy certain shields, he jumped into them for 20-30k.