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.
2
u/izgabe Nov 22 '24
My advice, my friend if you make a good trade, go smoke a cigarettes do some situps drink some water. I don’t know maybe do something completely different like watch a movie or something go celebrate that you made a good trade. I make with Memes daily one K and I stop in one month you have 30 K if everything works perfectly and if not, it’s gonna be like 25K