Mike

Canadian degen 🍁

[voh @vohvohh]

Only 5 people made over $50k on PumpFun this month

Nearly 200,000 people lost money

[Honey @honey_xbt]

friendly reminder: if you make life changing money then you should change your life

[Benjamin Cowen @benjamincowen]

Updating this

#BTC dominance goes back over 60% ✅
Market sells off / #ETH goes home ✅
Fed ends QT ⌛️
Market Rallies
Macro Gets Worse later in year
Recession (typical midterm year bear market in 2026)

[Frankenmint @Frankenmint]

@coinfessions womp womp, you got played twice. Just go back and hold bitcoin, that's it. You can then focus on your day job and move on

[TheS◎Lstice 👶🐂🪖 @The__Solstice]

The best trader I know lost everything

[Daumen @daumenxyz]

1) What

[CRG @MacroCRG]

The covid BTC crash was 5 years ago today. Crazy how time flies

Will never forget how this day felt. For a brief moment, we all thought it was over. Order books were emptied and the most liquid derivative BTC contract genuinely nearly traded to 0

Probably the most gut wrenching dip buy of my trading career. Now looking back...

It's a solemn reminder that no matter how bad things may seem.... it will pass and brighter days will come

Always remember: this too shall pass

[Emperor👑 @EmperorBTC]

The smartest traders I know:

1. Faced some kind of hardship and failure in life. At least once
2. Obsess over not repeating mistakes
3. Can recognise a scam/ scammer in a minute
4. Quickly admit to being wrong and cut losses
5. Okay with changing opinions about market
6. Won't chase breakouts

[gake @Ga__ke]

I’m not a TA / macros guy so I just always be selling

Can’t go wrong taking profit at all levels at all times

Less about port ath than it is about realised ath

Do better next time

Also don’t let anyone here change your mind

Good luck to the rest still here though!

[lyxe @cryptolyxe]

in all honesty,

if you manage to keep 10-25% of your portfolio ATH this cycle

you will be able to run it back 10x if you stay here throughout the bear market.

yes it is hard to see all your money dissolve,

but this is the way.

[joji @metaversejoji]

Life turned beautiful when i stopped wasting every single night sacrificing my sleep looking for a runner

[Mandrik @Mandrik]

Why is Bitcoin dumping?

Because fuck you, that's why.

Oh, you thought this was going to be easy because your favorite influencer promised the moon?

He's as much of a clueless, autistic retard as you are.

IT'S MAX PAIN TO $1M!

[Cold @cold_xyz]

"sidelined?"

yeah i fucking wish

[That Martini Guy ₿ @MartiniGuyYT]

🚨BREAKING:

TRUMP'S CRYPTO PORTFOLIO IS 57.22% ETHEREUM

MY PORTFOLIO IS 80% $ETH

BARRON KNOWS SOMETHING.

[Adam @Adam_Tehc]

How far trading bot revenue has fallen...

This is how much they made in a day at their peak vs. today:

Photon: $5.96M → $293K (-95.1%)
BullX: $3.26M → $298K (-90.9%)
Trojan: $2.81M → $151K (-94.6%)
GMGN: $2.34M → $130K (-94.4%)
BonkBot: $1.58M → $39K (-97.5%)

[Sykodelic 🔪 @Sykodelic_]

I lost $250k in the early part of my Crypto career.

Money that I could not afford to lose.

And it wasn't just my money, it was some of my families money also.

Even worse, I got in debt to try and make it back, and lost that also.

All whilst losing my partner at the time and my business.

It was the darkest period in my life.

For the first time ever, I saw myself as a total failure and spent some time believing I was never going to improve my life again.

But, with perseverance and the unrelenting drive to make more of myself...

I did it.

It took a few years, but I did it.

I learned from that struggle and changed my life.

I am saying this now because even though many of you are struggling with this correction...

Struggling with your decisions.

Thinking back on your actions and regretting painfully why you didn't sell or why you bought so much at the recent top.

It has served an amazing purpose.

1- It has wiped away the horrendously destructive meme mania and any other BS that was poisoning the space
2- It has taught a lot of you valuable lessons that you needed to learn

The space, and the investors in it, will be better because of it in the end.

The pain you feel from round-tripping your bags will be the catalyst that allows you improve and perform better next time.

In this moment, it hurts.

But you will have the chance to make it back and go again.

Whether we like it or not, pain is what teaches us to grow.

Without, how do we know what not to do again?

It isn't over for you.

If you choose, and you make it so...

It is only just beginning.

Stay in there chads...

It is only over if you give up on it.

Anyone who has become anyone, will tell you a similar story to mine.

Success is only great because of what it took for you to get there.

[John @CryptoGodJohn]

I round tripped a disgusting amount of money with my long term holdings. Actually, disgusting amount.

[Coinfessions @coinfessions]

How can I have true conviction in a memecoin?

[René @schizohustler]

do you think i'd still be here wasting my life if i took profits you dumb retard

[Zeneca🔮 @Zeneca]

I round tripped 8 figures last cycle. A few things I learned:

- It’s almost always better to sell too early and miss out on gains, then to hold too long and round trip the bag. This is because eventually, almost everything trends to zero, so even your “early sell” is likely going to make you look like a genius in a few months/years

- If you ever take a PnL screenshot of how much you’re up, sell. You don’t have to sell your entire position, but it’s usually an excellent time to at least trim 20-50% of it.

- Most people on this app have absolutely no idea what they’re talking about. Often the loudest and most confident voices know the least, while the quiet and self questioning ones are full of wisdom.

- You can’t borrow conviction. If you buy something because someone else did or told you it was “a hidden gem”, you’re almost guaranteed to fumble the bag. They’ll dump on your head while you’re still anxiously waiting for their next tweet or YouTube video to tell you what to do.

- Stop trying to impress people. This is just good general life advice, but it applies triply so to this space. Wanting to impress your friends and family is one thing, wanted to impress random anons on the internet? Insanity.

- There’s Bitcoin, and then there’s everything else. It took me too long to truly realize this. Yes alts can and will occasionally outperform - sometimes for long stretches of time - but basically everything bleeds to Bitcoin over the long run.

- Most people try to outperform Bitcoin by trading these alts; probably leas than 5% of people can actually accomplish this. It’s like trying to outperform the S&P 500. Most people are better off just buying the index.

- This place has a way of warping your perspective to a level that is literally bordering on mental illness. Many of us refused to sell jpegs of a list of words for $50,000 last cycle because we thought “it’s undervalued”. Many otherwise smart people. You are not immune. Herd mentality is real, it takes *a lot* to swim against the current around here. You should try.

- Extending from that point, try and zoom out and also spend time with non-crypto people. 1 SOL or 0.08 ETH can seem like not significant amounts of money (unit bias is real), but add up how much that is per day or year and think what you could do with that money IRL. Also, most people are thrilled to earn a 10% return on their investments in a YEAR, and rightfully so. That’s a great return, crypto just warps everything.

- Compound interest is mind boggling powerful. You don’t need to find a 100x, you’re usually way better off stringing together a bunch of 2x plays or even compounding at 10-50% a year (do the math, do you have any idea how insane compound interest is at high %s over a bunch of years?)

- Put another way: “Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years.”

If you found this insightful, all I ask is that you drop a bookmark, share with a friend, and/or subscribe to my newsletter where I share a lot more 🙏

Cheers