He once made quite a bit of money on Trump Coin. Initially, he bought in at $5 and $14, and later sold off gradually around $65, yielding a considerable profit. However, recently he saw the coin price drop to $37 and felt it might have hit the bottom, so he bought in again, investing $1.5 million. Unexpectedly, the coin price continued to fall, and his floating loss had reached $800,000, almost wiping out his previous profits.
Despite this, he still chose to hold onto this coin because he firmly believes there will be a second wave of increases. He looks forward to the moment when Trump mentions some positive news, as the coin price would quickly rebound, and might even take off directly. Although the current loss makes him feel somewhat anxious, he remains confident about the future and decides to continue waiting for opportunities.