2026-01-08 21:23:24

Trading altcoins with friends turned out to be a surreal experience. From morning to night, chasing one coin after another, and when the market is good, you can make a small profit. But as soon as my friend recommends a coin, I follow the trend—only to get trapped every time. The price keeps dropping, one after another.

Honestly, I started with $300 just to have some fun, but now I only have around $60 left. Watching the account balance plummet almost made me lose my mind. Isn't it said that on-chain trading is easy money? Why does it turn into a money-losing machine for me?

The worst part is, if only these sh*tcoins could be shorted, maybe I could recover my losses. But reality is always more painful than imagination.

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degenwhisperer

· 01-11 13:08

Another story of following the trend and getting cut, going all-in just because a friend recommended it is really reckless.

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GasFeeVictim

· 01-09 02:08

Friends recommend just following the trend, isn't that just asking for death? I only stopped after realizing the truth. Turning 300U into 60U, that's really quite aggressive. I suggest calming down for a few days and not touching it again. Shorting meme coins? Bro, you're overthinking it. There's no good ending for this. The fate of following the trend is to get cut, no one can escape this cycle. Where's the promised on-chain gold rush? Turns out it's just a one-man show for the chives. This is the truth of altcoins, each more scammy than the last. Instead of thinking about turning the tide, it's better to cut losses in time, really. When friends recommend coins on social media, remember to do the opposite, it’s foolproof. Only 60U left, still thinking about shorting to recover? You need to keep adjusting your mindset, brother.

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NFTArchaeologis

· 01-08 21:53

This is just hype rather than investment, no different from people who used to collect counterfeit items. Going from 300 to 60 is essentially a process of being cut by consensus.

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SeeYouInFourYears

· 01-08 21:52

Friends recommend just following the trend, isn't this the standard for big fools? --- Turning 300 dollars into 60, how much can you lose haha --- Shorting the local dog coin, I like this idea, you still need to have dreams --- That's why I don't follow the trend, just lose my own money, don't drag friends into it --- Making money on the chain? More like having your money taken on the chain --- In the end, trading coins with friends just leads to mutual complaints --- Breaking down mentally and still wanting to turn things around, typical gambler's mentality, brother --- Local dog coins are originally meant to harvest the leeks, still hoping to short and turn things around --- The tuition fee of 300U is cheap, some people lose even more thoroughly --- Is the friend who recommended coins doing well now? Seems like he didn't make any profit either

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EthMaximalist

· 01-08 21:51

This is the price of following the trend. Nine out of ten coins recommended by friends are scams. From 300 to 60, the loss ratio must be devastating... But to be honest, you're actually lucky this time. The most feared thing in such situations is to keep gambling, thinking about shorting to recover, which often leads to deeper trouble. I suggest you stay calm and avoid touching any more fake coins.

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CrossChainMessenger

· 01-08 21:51

Following the trend is the deadliest mistake. Seeing friends make money makes you eager, but in the end, you get chopped into chives. Turning 300U into 60U, this loss is quite severe. I need to reflect on my strategy. Shiba Inu coin is like this—soaring today, zero tomorrow. Both long and short positions are just being harvested. Really, without your own judgment, entering this circle is just giving away money. Friend recommendations are not a safe bet. If your mindset collapses, take a break and breathe. Don't let losses drive you crazy. Is this the fate of small investors, or do you just need to learn when to cut losses?

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quietly_staking

· 01-08 21:35

Following the crowd into the market ends like this. How can you still think about shorting for a reversal? Isn't that gambler's thinking?

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DeFiAlchemist

· 01-08 21:27

the real tragedy here isn't the 80% drawdown... it's that you're chasing yield through social proof instead of analyzing the protocol's transmutation mechanics. your friend became your oracle, but oracles can be wrong. the mathematical beauty of *not* following herd pressure? that's where actual alpha lives, friend.

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