How did I succeed and miss $400,000?

1) A friend in the community posted $pepe on coinbase. When I saw it, it had increased by 50%. Recently, $turbo has been tepid, so I thought about exchanging $400,000 for pepe to get some gains and then buy back turbo chips;

2) My thinking logic is that coinbase is a big exchange. Doge has increased by 3 times during this period, and pepe should have no problem increasing by 2 times, which means there is still a 50% increase opportunity;

3) pepe has not started for a long time, and it finally started, so it should have doubled;

Based on this, I quickly sold 400,000 turbo (handed over the chips at the low price of turbo), and bought pepe after selling. As a result, in the next hour, pepe fell instead, and turbo rose a little, and I began to lose confidence.

1) I am not as optimistic about the long-term multiple increase of pepe as turbo, so the essential purpose of my position change is to take advantage of the short-term profit, or to buy back turbo chips;

2) Because of the first point, my mentality is not good;

3) I started to think that coinbase's explosive power is not as good as binance;

4) I wondered if it was because pepe's market value was too high and it could not explode like pnut and act

5) So later I reluctantly bought pepe and changed positions to turbo. After a while, it went up and down, and I lost a few points, as well as transaction friction fees;

Then just now, pepe doubled directly!

Damn! I didn't have the determination again - I was still not confident enough. Thinking back to the situation where pepe had risen so much before, I waited for so long, and it would not stop after rising by 50%, as well as the spillover effect of funds, the life cycle rhythm of each token, for high-quality and awesome tokens, once they are really launched, they will definitely usher in at least multiple returns. Overall, I still don’t think deeply and clearly enough, and I care too much about the gains and losses of the token price at the moment.

In fact, from another perspective, even if pepe has not risen for the time being, the price of pepe is relatively stable, just treat it as holding u and waiting for other tokens to fall, and it is also good to cover the position.

Of course, the reason behind this may be that I have been too impatient recently and want to seize every opportunity! When you are worried about gains and losses, it is easy to do only half of it right.

Let’s review this point for now, and we still need to think carefully.