A trader, known as @ShitGemHunter, sold 95.78M $GME for $136K, missing out on its peak value of over $2M. He made common trading mistakes, losing money on multiple coins like $ANALOS, $BOMO, and more. He bought $GME at a low price, influenced by @TheRoaringKitty's return, but sold too early. Additionally, he engaged in frequent trading with a 50% win rate on $SLERF, and suffered significant losses on $ANALOS, $BOMO, and $NAP due to FOMO. Lessons include selling in batches, avoiding frequent trades, and being cautious of market FOMO.

BOME

SLERF

TNSR

My follower @ShitGemHunter told me that the 95.78M $GME he sold for $136K was worth over $2M at its peak!

He made common mistakes that many traders made and also lost money on multiple coins such as $ANALOS, $BOMO, and more.

1/ 
Let’s dig into his trades for lessons. <img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/05/16/3piqttbhbwnq.png'/> 2/ On April 23, this trader found that the $GME price was at the bottom via the 30D chart, 1H chart and 1D chart.

So he started buying $GME on #Jupiter, spending a total of $48K to buy 95.78M $GME at an average price of $0.0005. <img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/05/16/7tc4ttbhbws1.png'/> 3/

With the return of @TheRoaringKitty, the price of $GME is starting to skyrocket!

When the profit reached 2x, he sold all $GME for $136K!

But he underestimated the impact of Roaring Kitty and sold too early.

After he sold, the price of $GME continued to rise crazily! <img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/05/16/ixmrttbhbwzk.png'/> 4/

After $SLERF went online, he seemed to be affected by the #FOMO sentiment and has traded $SLERF 20 times in total, 10 of which were profitable, with a win rate of 50%.

He invested an average of 800 $SOL per trade, but made less than 5 $SOL in total. <img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/05/16/guwottbhbw7v.png'/> 5/

We found that he also lost $300K(-68%) on $ANALOS, $57K(-92%) on $BOMO, and $37.6K(-45%) on $NAP!

He seems to be worried about missing out, so he always starts buying after the price drops.

But unfortunately, the price has been falling since he bought it. <img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/05/16/uts4ttbhbwi7.png'/> 6/ Lessons:

- Sell in batches, don't sell them all at once to avoid selling too early.

- Don't trade frequently.

- Don't buy blindly due to market #FOMO.

- If you miss a gem token, don't worry, be patient and look for the next gem. 7/
Wallet:
AGxGQpWwTZBFmzJcQdETMqgwaXWpmQaNphPdsC1sZhvf

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Analyzing @ShitGemHunter's Trading Mistakes: Lessons from Missed Gains and Frequent Losses