r/CryptoMarkets

So I’ve been investing into btc and eth for about 2 years, I first started into crypto with doge and the usual memecoins, but as always I got rekt.

I decided then to invest in safe coins like btc, eth, matic, ada, etc. But recently not to long ago when pepe did it’s billion dollar run I witnessed with my own eyes when it was at 100M mcap and went to this subreddit and people saying “you’re too late, you’re just exit liquidity” so I… as a smart investor I didn’t buy it. Days passed and Oh who would’ve guessed it, it reached almost 2B mcap, I was kicking myself “if only I bought”… And it just began my addiction again for memecoins.

In the past 2 months I’ve been looking from shitcoin to shitcoin, which one will make me a quick buck. I’ve lost about 500-1000 bucks I don’t even know the exact amount and even I’ve pulled out some money of my safe btc and eth investments out of pure FOMO, which sucks like a bitch. Yesterday I sold one memecoin I bought which was the next PEPE2.0, when I first bought that shitcoin it went up 3x but I didn’t sell anything I just went to bed and slept thinking I was going to be rich, but what happened? You guessed, it crashed. Then I decided to hodl it like a great crypto enthusiast, after 70% loss I decided to sell and buy this other shitcoin, it started well I was up 2x but guess what… I didn’t sell again. It crashed. And to my luck this other coin that I previously sold went up 2x lmao and I decided to buy again in hopes of going back to ath but it didn’t aaaand I lost money again.

Today I woke up and got a notification from Binance “did you see what happened to XRP?” I got in Reddit and the first post was “Ripple wins court case, it’s not a security” I opened cmc and saw it pump 60% and I said to myself this is it, the last trade that will make me my money back, I had never used leverage trading and said “I will long this and get my money back, all this time I’ve had the opportunity to get profits but I didn’t, this is it”. I threw in 50 bucks and started climbing at 7x leverage… 30% up, I said f*ck it I’m throwing in all my money left of my previous shitcoin it was 300 bucks, I was waiting for it to be cleared on binance but xrp just kept climbing and after 15 minutes it went through and I was able to open another long position… it was at $0.85 it started climbing and I raised the leverage to 10x and then 20x… I was up 60%… I had a take profit limit at $0.92 but as it reached $0.90 fucking FOMO kicked in and I said this shit is going above a dollar I raised the take profit limit to $1.02 and just as I did it it started going downhill and my money too. I got liquidated and lost everything again.

If you’ve taken the time to read until this, I want to thank you, please stay away from this shit and only invest what you’re afford to lose.

Good night.