2026-01-08 22:22:36

The recent craziness in the crypto market is indeed outrageous. Some people are throwing their down payments for houses into PEPE, others leave comments saying "missed this wave and you'll miss out on a house," and some post screenshots of full positions in BONK with the caption "fortune favors the brave." Seeing these, I recall my own actions in 2017—back then, I also threw all my money into shanzhai coins driven by gambling instincts, only to realize after losing 75% that the biggest enemy in the crypto world isn't the market, but your own emotions.

So why do people tend to lose money when Meme coin celebrations are at their peak?

Honestly, most people chase Meme coins not based on analysis, but simply out of fear of missing out. Seeing others post profit screenshots makes them restless, and they jump in impulsively, never considering whether the coin has real use cases, underlying support, or risks involved. Take PEPE as an example: a 67% increase in 24 hours sounds tempting, but a quick check reveals that this thing has no real application scenario; it's entirely driven by community sentiment and capital piling up. Such gains are like castles in the air—spectacular at first glance but can collapse with a gust of wind. The "rocket up and crash down" cycle of SHIB in 2021 has already taught us that coins lacking fundamental support, no matter how crazy the market gets, will eventually revert to their true value.

Another phenomenon is that many people treat "full position all-in" as some kind of heroic gambling spirit, but in reality, it's just gambling with their hard-earned money. Stories of overnight riches do exist, but I've seen far more tragedies of zeroing out. In this crypto market frenzy, those who actually make money are the ones who can control their emotions and hold onto their principal.

PEPE-1,96%

BONK-2,67%

SHIB-1,57%

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LoneValidator

· 23h ago

It's all driven by the fear of missing out (FOMO). I also fell into the trap in 2017. Human greed will always be the biggest harvest in the crypto world. Watching the charts without considering fundamentals will eventually lead to face-slapping. PEPE and similar tokens are just air coins; no matter how hard they pump, it's just an illusion. Safety of principal is more valuable than the dream of getting rich overnight. This needs to be taken to heart. Going all-in on a single position is not courage; it's another way of inviting disaster. Those who truly make money quietly build their positions in batches without making a fuss. Haven't the lessons from SHIB been enough? Why are people still repeating the same mistakes? Emotional management > technical analysis. This is the real secret to surviving in the crypto world.

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AirdropChaser

· 01-08 22:49

Really, just looking at those screenshots of full-position all-in makes me want to laugh, I’m waiting to see how they cry. FOMO is even scarier than the decline, I think. Basically, it’s the gambler’s mentality at work, not investing at all. The safety of the principal is the key, and this principle is repeated but some still don’t listen. Missed a wave of gains and lost a fortune, which one would you choose? Those who say “fortune favors the brave,” I haven’t seen anyone truly become wealthy. If you can’t control your emotions, don’t touch meme coins, this is the truth.

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VitaliksTwin

· 01-08 22:49

It's the same old "control your emotions" rhetoric... The words are correct, but I see a bunch of people still going all-in after hearing it. To the guys who threw their down payment into PEPE, honestly, I feel both sympathetic and speechless. Isn't that just gambler's mentality? The key is, how do you make greed stop? That's the real issue.

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MrRightClick

· 01-08 22:46

It's just a cycle of new retail investors, this time PEPE, next time BONK, they'll never learn. By the way, your 2017 story is so familiar to me. Only realized after a 75% loss? I know someone who went straight to zero. People using their house down payment to buy coins, really causing social anxiety. Those who make money are indeed the quiet types who never make a sound, yet they are the ones who screenshot and show off the most... hmm... you all know. This wave will come again because FOMO is truly an incurable disease, with no cure.

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LiquidityNinja

· 01-08 22:45

Awakening too late, should have learned the lesson in 2017 Getting dementia just by looking at others' screenshots, this illness needs treatment Principal is king, everything else is just clouds PEPE up 67%, sounds great; down even more satisfying Full position is just gambling on your luck, I don't gamble If you can't control your emotions, don't touch Meme coins, really Dare to throw down the down payment, how much can you gamble? I've heard the zeroing story a hundred times, and still people jump in Things with no fundamentals, I can't believe any huge increase Protecting the principal is a thousand times more exciting than chasing gains

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LayerHopper

· 01-08 22:34

The truth is simple: I also went through that wave in 2017. Now every time I see full-margin screenshots with "Riches come with risk," I just want to laugh. This is just a gambler's mentality dressed up nicely. --- Honestly, PEPE is just a game of hot potato; whoever ends up holding the bag cries. There's nothing mysterious about it. --- The most outrageous are those who put their down payment on a house into the market. Really, that's not courage, that's a sickness. --- So the key is discipline; otherwise, all the experience and lessons are useless, and you'll just keep repeating the same mistakes. --- Afraid of missing out, but still losing money—what a brilliant logic, haha. --- I'm curious how those who actually made money did it. It doesn't seem like the odds are that high. --- I saw a bunch of people who lost everything during the SHIB wave; they're still in the group now, and they haven't spoken up.

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