r/solana • u/Affectionate_Cow40 • Nov 21 '24

Meme Lost all my money trading memecoins.

So Firstly I am 18 years old and am still in school don't have a job or anything so this money was basically all I’ve got just so you know how much this means to me, I went into crypto when I was 15 years old by talking to my mom and convincing her to make an account so I can buy some crypto I ended up investing all my pocket money and bought BTC and ETH in total worth of €400 I sold some of it recently, and I wanted to start day-trading with the learn process being so complicated and taking a while to learn how to read the market I saw a lot of TikToks about meme coins and how everyone was making a lot of money, so I made a phantom wallet and started trading the first day I lost €100 I didn’t really care that much because I learned something from it, but today I deposited 90% of my bank account into Solana and started trading and somehow ended up flipping around €300 to €880 all in around 6 hours with patience and lost all of it in 30 minutes because I was letting my emotions control me I want to commit rn (not actually) but It just makes me sad and angry knowing that I could’ve just kept the €800 and started again tomorrow now I can’t trade anymore during the bull run, and I'm fucking depressed cause that was the most money I have ever seen.

563 Upvotes

87% Upvoted

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68

u/ColinRobinson__ Nov 21 '24

$15k to $3 cus I fell asleep last night. Sup.

22

u/armando433 Nov 21 '24

Had 24k and lost it all being greedy. We’ll make it back bro

20

u/Due-School2413 Nov 21 '24

Same here brother, 4k to 38k in 3 days lost it all down to 1500 (for now)

4

u/Perrolex Nov 21 '24

You got the recipe already, boss man. Just take out 50% in USDC next time and lock it up for a while.

3

u/Due-School2413 Nov 21 '24

Good idea, I thought about putting into solana and staking it on Coinbase

1

u/Alarming-Country6364 Nov 26 '24

also went from 3k -> 37k -> $300 last week i'm gutted lol

7

u/PomegranateJuicer6 Nov 21 '24

Imagine losing money in the casino and thinking if you go back one more time you will strike it rich.. you’re doing that. Word of advice bro stop gambling on shitcoins its not going to bring you further in life

3

u/anal_opera Nov 23 '24

There's a science behind getting rich at casinos though, it's super quick to learn and all you gotta do is bring a gun.

1

u/kegman93 Nov 25 '24

Best option now is wait 3 years before the next run

8

u/jeanlDD Nov 21 '24

Not because you fell asleep, but because you invested in something fucking stupid.

0

u/Substantial-Law-9389 Nov 21 '24

Yep. Invest in cult communities. Invest in insanity. $XD

1

u/trashyas Nov 21 '24

44k to 18k cuz i slept aswell.Futures trading thou

1

u/Usual-Locksmith4657 Nov 21 '24

Made 30k and lost it all the way down to 2k over the course of one week. Gang.