💵💵How to Lose in a Bull Market: Don’t Do What This Altcoin Investor Did! 💵💵

An investor has drawn attention by losing $87,500 on altcoin trading.

Blockchain analytics platform Lookonchain shared an interesting investor move. Six days ago, an investor bought 983,832 CRV tokens (worth about $1.1 million) at $1.12 per unit. However, this transaction was interpreted as a FOMO (fear of missing out) purchase because it occurred near the market’s peak.

Just six hours ago, the same investor sold all of his CRV holdings at $1.03 per unit. This rapid sale caused the investor to lose about $87,500.

Experts have different opinions on whether this transaction was a panic-driven decision or a strategic stop-loss move to prevent even bigger losses. The volatile nature of the crypto market continues to test investors' decisions constantly.

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