$ETH FOMO can get expensive very quickly. đŹ
This trader withdrew $250K from #Binance before the launch of @HunterBidenâs $LAPTOP, apparently ready to buy in immediately.
He ended up spending around $200K for just 919 $LAPTOP at an average price of about $218.
Now that position is worth roughly $3K.
Thatâs a loss of around $197K, or 98.5%.
The lesson is simple: being early doesnât always mean being right.
FOMO into a fresh launch, and the exit can hurt a lot more than the entry felt exciting.
Wallet: debank.com/profile/0xb02bâŠ
Disclaimer: This is not financial advice. Crypto assets can be extremely volatile, especially around new launches. Do your own research and manage your risk carefully.
This trader withdrew $250K from #Binance before the launch of @HunterBidenâs $LAPTOP, apparently ready to buy in immediately.
He ended up spending around $200K for just 919 $LAPTOP at an average price of about $218.
Now that position is worth roughly $3K.
Thatâs a loss of around $197K, or 98.5%.
The lesson is simple: being early doesnât always mean being right.
FOMO into a fresh launch, and the exit can hurt a lot more than the entry felt exciting.
Wallet: debank.com/profile/0xb02bâŠ
Disclaimer: This is not financial advice. Crypto assets can be extremely volatile, especially around new launches. Do your own research and manage your risk carefully.
