Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA

[tvplus006]

The owner of this wallet - https://etherscan.io/address/0x4a2c786651229175407d3a2d405d1998bcf40614 bought Pepe coins worth $250 on April 16, which turned into $22 million in 3 weeks. It was interesting to watch the wallet as its owner recorded a daily profit of tens of thousands of dollars. At such moments, I want to say: "Everyone could get rich, but not everyone succeeded."

I would say that if that wallet owned by the developer itself. Pepe token has been started to be traded around 17 april. I don't even think if that token bought by ordinary person. It's quite strange that if that guy was able to buy on 16 april a day before the launch on uniswap. Am i wrong about that? The chart on uniswap told me that if it's actively traded started from 17. it may be insider. I can't deny that there are many meme coin creators who were buying their own token during the launch.,

Of course, it is impossible to say for sure that this lucky guy did not have insider information, but if we analyze his purchases, we will see that he actively bought not only Pepe, but also many other new coins. As for the launch date of the Pepe coin, this information is posted on Binance: "PEPE, a memecoin launched on April 14..." - https://www.binance.com/en/feed/post/454727

[Xal0lex]

Have you encountered anything like this?

Absolutely every investor and trader in any market has encountered it. The effect is called FOMO. The lost profit syndrome causes many to take rash actions and buy an asset at a time when it is already time to sell it and lock in a profit. Very many investors, seeing the success of one asset, begin to panic and look all over the market for similar projects to get an opportunity to earn as well as that successful project. This does not happen because to be successful, it is not enough to be like any other project.

[fullhdpixel]

Wild wild west. I should have made thousands of dollars as well if I should have bought PEPE even if it already gained couple of thousands percent recently this week. I saw some huge outflows on it in a tool that was shared across telegram but I just denied it considering it's a meme token.

Sometimes it works like that. If we don't invest, the coin will rise but did you notice that when we invest confidently, the coin won't show a sign of increase? We will then lose hope and sell the coin. You know what happens, after that. Yes, that is, the coin will unexpectedly rise. This pisses me off all the time so I just stop investing on these meme coins.

We all wanted a quick way to become wealthy and only a few wants it gradually and I'm the latter and I don't regret it as long as it's fixed on me that I'll get it.

For me yes but that was before. Now I realized that I should be realistic and stop chasing that dream because the more it will only lead me to danger. Indeed, regrets are not a good thing to have especially if we are talking about is only just a meme coin but if it's about BTC. Don't worry because we can still catch up. It's never too late yet to join its party.

[timoshani]

I believed in Shiba at the stage of its launch. Moreover, there was a significant pump of this shitcoin. As for the meme Shiba, it may make sense. Periodically, interest in various AltDogs and their derivatives is reinforced, thanks to Ilon Musk.

[deepblue01]

Wild wild west. I should have made thousands of dollars as well if I should have bought PEPE even if it already gained couple of thousands percent recently this week. I saw some huge outflows on it in a tool that was shared across telegram but I just denied it considering it's a meme token.

Sometimes it works like that. If we don't invest, the coin will rise but did you notice that when we invest confidently, the coin won't show a sign of increase? We will then lose hope and sell the coin. You know what happens, after that. Yes, that is, the coin will unexpectedly rise. This pisses me off all the time so I just stop investing on these meme coins.

I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.

[FahriZah]

I,m not interested meme coin and i don,t like meme coin but if anyone ask me about best meme coin than i suggested him DOGE & SHIB these coin i think good.

[lobo13hf]

there are sometimes many that uses some kind of automated program to buy these meme coin at their very early phase and if they are lucky they will definitely buy some meme coin that's turns out to be massive life changing I think it's the case with this address, it's got lucky buying the meme coin at very early launch.

[Psynthax]

it's always coming back to the fact that investing in meme coin could only be life changing if you could accumulate at the very first couple hour that the coin getting listed in the swap platform otherwise really you're just wasting your precious time and money, it's always the one that accumulate early that turned their measly investment into millions.

[deepblue01]

...I should have made thousands of dollars as well if I should have bought PEPE even if it already gained couple of thousands percent recently this week...

The owner of this wallet - https://etherscan.io/address/0x4a2c786651229175407d3a2d405d1998bcf40614 bought Pepe coins worth $250 on April 16, which turned into $22 million in 3 weeks. It was interesting to watch the wallet as its owner recorded a daily profit of tens of thousands of dollars. At such moments, I want to say: "Everyone could get rich, but not everyone succeeded."

That's right, but i want to say "get rich quick but not last forever" because maintaining wealth is more difficult than having a lot of money.
And we have many regrets like , why do we sell dogecoin/shiba inu at a lower price or other crypto when we can afford it

[tvplus006]

I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.

If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.

[domoy77]

I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.

If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.

Meme coin is very risky to disappear from trading when the market trend has abandoned the coin, meme coin market overview only last 5% of the total scam coin meme projects on the market if never invest meme coin if you are not ready to lose, we can allocate some funds for Top meme coin investment instead of new meme coins, the risk of loss is also considered before you invest meme coins.

[timoshani]

I myself invested in SHIBA INU in the relatively early stages. Of course, he took off with a profit, but not a big one. Using the example in the given story, after the investment, doubts began. And as soon as I saw the opportunity 2x, I took off the profit. What later also had to regret. But the crypt is this luck and faith, as well as iron nerves...

[lobo13hf]

I myself invested in SHIBA INU in the relatively early stages. Of course, he took off with a profit, but not a big one. Using the example in the given story, after the investment, doubts began. And as soon as I saw the opportunity 2x, I took off the profit. What later also had to regret. But the crypt is this luck and faith, as well as iron nerves...

at the end of the day you got profit, still better than those that invested at all time high and lose their investment by about 90% which definitely gonna be heart breaking story, I'd say majority of early investors are just doing the same, they see opportunity of doubling they profit they take it and that's quite normal.

[stomachgrowls]

You could stumble upon a situation where you will think "If you would have taken the risk" then you could have been a billionaire or millionaire for that matter. We have already learned multiple lessons throughout our crypto journey until now where investors had an opportunity to grow big but they lost it all due to fear or temporary greed at all once.

Whether it was bitcoin pizza day or two waitress sisters fighting for their Bitcoin share, we have heard and read all the stories.

Just came across a story about an investor who invested in meme coin, SHIBA INU. The investor named Damien Slash was one of the early adopters of SHIBA and he had invested around $2000 at the initial value.

Damien had lost the hope of getting good profits and he thought SHIBA is just like other coins and there is no point in holding the same. He has withdrawn the investment at $300 loss. However, soon after Damien realized one of the biggest mistakes he had done. His colleagues who knew about Damien's SHIBA holding told him that SHIBA went 67 million % from the initial launch value of the coin.

If he had holdings till then, he would have been the next billionaire. Imagine the pain that is soaring from this incident.

Have you encountered anything like this?

None so far on losing up millions of dollars but i did really lose up a couple of hundred thousands which even up to this day, it do still haunts me. Whats the actual reason on why i did miss out? Because of Greed.

I did able to get almost $100k came from ICO bounty which it is really on that time on year 2017 or that bull run on that time where ICO is still a main thing. I had really just hold up my position and waiting for it to
increase more until its price depletes and make me sell when the value is already that low which it is really just that sad to think that if i had just able to sell out then i might be having my own house now and
some physical business but well it turns out that i did make myself to be greedy.

How much more into those people who had just missed out those millions or even billions of dollars ? For sure it would be a nightmare if ever you would be on their shoes.
Its not something that you could easily deal or forget with.

[Xampeuu]

I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.

If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.

Meme coin is very risky to disappear from trading when the market trend has abandoned the coin, meme coin market overview only last 5% of the total scam coin meme projects on the market if never invest meme coin if you are not ready to lose, we can allocate some funds for Top meme coin investment instead of new meme coins, the risk of loss is also considered before you invest meme coins.

every investor has a different strategy, but if we have a good analysis of meme coins, it will be easier to get bigger profits, unfortunately not everyone can do it well, because it is difficult to analyze. a 10x increase is very likely to occur in the movement of memecoin, and a 10x decrease is also very likely to occur. So we need good analysis, psychology, and money management, so that we can always profit from Memecoin, and I think it's up to us to respond to this, as long as we are familiar with the characteristics of Memecoin.

[Luffygroove]

It happens all the time, I fear. Regarding the uncertainty and volatility aspects of cryptocurrency, it is unbelievably difficult to predict the direction of the price. except you're in that circle of whales that could control the direction. This has happened many times for me too, until I thought maybe I was the sacrifice of the market. It's because when I buy, the price goes down, and vice versa, when I sell, the price goes up. Really frustrating at this point. I think I'm not good with short-term trading, and now I always just buy and sell at the lowest and highest, aka long-term holders. I just hold the tokens and leave them until the big news comes.

[Freddie Boyer]

Have you encountered anything like this?

Absolutely every investor and trader in any market has encountered it. The effect is called FOMO. The lost profit syndrome causes many to take rash actions and buy an asset at a time when it is already time to sell it and lock in a profit. Very many investors, seeing the success of one asset, begin to panic and look all over the market for similar projects to get an opportunity to earn as well as that successful project. This does not happen because to be successful, it is not enough to be like any other project.

Every project is unique, and success is not guaranteed. Instead of chasing trends, focus on building a diversified portfolio with a long-term perspective and a solid understanding of the underlying assets. You are absolutely right. FOMO, or fear of missing out, is a common phenomenon in the investment world, particularly in the fast-moving cryptocurrency market. When investors see the value of a particular asset skyrocket, it's easy to feel pressure to jump in and invest quickly, even if the asset is overpriced or the market is experiencing a bubble.

The story of Damien Slash missing his chance to become a billionaire with the SHIBA INU meme coin is a perfect example of this. It's easy to look back and think “what ifs”, but it's important to remember that hindsight is always backwards and Investing in cryptocurrencies can be a rollercoaster ride, with ups and downs that can leave an investor feeling both excited and discouraged.

Yes, it is very important to stay and not go against the mainstream and not allow temporary emotions to cloud we, I think is better

[Apocollapse]

Although become a billionaire overnight is all people's dream, but I still consider keep accumulating Bitcoin is better because it's slowly but sure. Not like picking 1 from 10,000 and if you hit it, you will become a billionaire, if not, you're lose everything. We couldn't deny if there's always one person can make a good profit on each shitcoin, but it's a matter of luck and it's his day.

[smile1218]

That is the common scenario in investing in Altcoins. There are coins that pump during the ICO and then the ivestors will dump it, there are start at lower price but suddenly it will pump in the middle stage. Regret is always in the end no one knows what will be the price of a particular alternative coins, investors used to miss out significant profit in the crypto currency due to his fear or greed. So for every investment you need to research and study first because it is hard to gamble if you earn profit that is good, but if you loose some that is not nice it is stressful.

[tvplus006]

every investor has a different strategy, but if we have a good analysis of meme coins, it will be easier to get bigger profits, unfortunately not everyone can do it well, because it is difficult to analyze. a 10x increase is very likely to occur in the movement of memecoin, and a 10x decrease is also very likely to occur. So we need good analysis, psychology, and money management, so that we can always profit from Memecoin, and I think it's up to us to respond to this, as long as we are familiar with the characteristics of Memecoin.

When investing in meme coins, it is more preferable to obtain insider information if you have contacts with members of the coin team. This is due to the fact that technical analysis in most cases is not applicable to meme coins, since pump&dump is used here, the timing of which cannot be predicted.