Woke up in the morning, checked my phone.
I saw many bloggers discussing the Glonk issue.
Entered at 5000U, lost almost 3000U.
Summarizing the core reason for losing money:
Did not have enough research time, just saw the narrative meaning and jumped in.
Forgot that the narratives born from such small market cap projects often have limited value.
What is the market cap of BONK itself? This point was overlooked...
More often, it’s just emotional.
Sorry to the friends who jumped in after seeing it on Twitter this morning.
The project team didn’t pay for advertising, didn’t provide any chips, and there’s no cooperation at all.
This time is a lesson; I won’t touch such narratives again.
Still better to be stable, and share with everyone after thorough research.