Still holding $PEPE since December 2024 🥶 As a beginner i made 3 huge mistakes 😂
1. FOMO - I quickly rushed to buy $PEPE when it was still a new token, having not done any analysis on it. I simply saw the big surge % and decided to hop onto the train immediately. Before entering a trade, always DYOR
2. GREED - i over leveraged (x45) my position during buying so that i could get a big profit. This was wrong, i should have used a lower leverage of x5 to x10.
3. TP & SL - i did not set a take profit price or a stop loss price. If i did, i would have been able to close the position early once it broke through its support level.
#Beginnersguide
Now I'm stuck here, waiting for the day that meme coins will surge or the day I'll get tired of holding the position and just close it !
#MemeWatch2024