⚠️ Trader Loses $73.9K in Just 3 Minutes Trading Memecoins — A Harsh Lesson for All

A trader got caught up in the hype around the memecoin $rich, making costly mistakes that many fall victim to.

Here’s what happened:

Seeing a dip, he bought 198 $SOL of $rich, hoping for a rebound.

Instead, the price crashed 60%, and he panic-sold at 76 $SOL, losing 122 $SOL.

As $rich started bouncing back, FOMO hit hard — he reinvested 297 $SOL.

The price plunged another 60%, forcing him to sell again at 93.5 $SOL, losing 203.5 $SOL more.

In just 3 minutes, the trader lost a total of 325.8 $SOL (~$73.9K).

Ironically, $rich surged 30 minutes later — but by then, the damage was done.

Key Takeaway:

Panic selling and chasing FOMO can destroy your capital.

Sometimes, the best move is to hold steady and trust your strategy — even when the market looks scary.

Stay disciplined. Manage risk. Avoid impulsive decisions.

#CryptoTrading #memecoins #RiskManagement #FOMO #TradingLessons