On January 18th, I sold 15,000 Trump coins in batches. At that time, the SOL ecosystem assets were generally optimistic, and Trump’s price was around $250. Using 520 SOL as the cost basis, it was roughly a position of $130,000.
And what happened? Less than a day later, 15,000 Trump coins dropped directly to $70 each, which is about $1.05 million in USD. That decline was quite brutal.
Looking back at my operation, the problem was with the "batch selling" strategy — about 50% of the coins were sold below $30. I was thinking of locking in profits, but ended up missing out on the subsequent rally.
If I had held on without selling so quickly, based on the final price, the profit per coin could have been over 8.5 times. This move was a classic over-Stop Loss, a bit regretful, but also a common psychological trap in trading. When buying the dip at low prices, coins often tend to be sold off quickly at small profits during rebounds.
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BakedCatFanboy
· 12-30 15:52
Oh no, this is a classic case of shaky hands, early selling at a loss.
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Withdraw all $250? Brother, your mindset is indeed a bit anxious.
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Gradually selling off in batches is really a big pit in a bull market, even more painful than watching a rebound and missing out.
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Clearing half at 30U? That stop-loss is a bit harsh.
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8.5x gains right in front of you but you just couldn't hold on, that's the magic of crypto.
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Honestly, it's still a lack of confidence; you dare not buy the dip at low levels.
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What do you think about Trump going from 30 to 250? You're just watching your money fly away.
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This batch selling method easily leads to pitfalls in small-cap coins.
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DAOTruant
· 12-30 15:42
This is the result of greed and fear occurring simultaneously. Coins bought at low levels rise a little, and they want to sell immediately. Really need to fix this problem...
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MoonMathMagic
· 12-30 15:39
Haha, this move is truly textbook-level paper-handed operation... Clearing out with just 30U is really amazing.
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AirdropHuntress
· 12-30 15:24
Batch shipping can indeed be easy to fall into traps; data shows that the most fragile mentality occurs during bottom-fishing rebounds.
Overly stopping losses is the deadliest; even with enough chips, impatience takes over. That's why I never chase perfect selling points—just hit the target and move on.
On January 18th, I sold 15,000 Trump coins in batches. At that time, the SOL ecosystem assets were generally optimistic, and Trump’s price was around $250. Using 520 SOL as the cost basis, it was roughly a position of $130,000.
And what happened? Less than a day later, 15,000 Trump coins dropped directly to $70 each, which is about $1.05 million in USD. That decline was quite brutal.
Looking back at my operation, the problem was with the "batch selling" strategy — about 50% of the coins were sold below $30. I was thinking of locking in profits, but ended up missing out on the subsequent rally.
If I had held on without selling so quickly, based on the final price, the profit per coin could have been over 8.5 times. This move was a classic over-Stop Loss, a bit regretful, but also a common psychological trap in trading. When buying the dip at low prices, coins often tend to be sold off quickly at small profits during rebounds.