July 26, 2023, the Nth time it went to zero. I don’t know if you have had this feeling, it went to zero, and you had no money. You saw that a local dog that you focused on in your watchlist had fallen back from a high of 1 million to 200,000. The community was still very active. You judged it to be a golden dog, so you quickly borrowed money to deposit it. You sent WeChat to three friends to discuss borrowing money, and waited anxiously for more than an hour (PS: the way you borrowed money from people was really humble), and only one friend replied: OK, then the local dog rebounded to 400,000. After receiving the money, you open the exchange to deposit. The seller asks you to provide a bunch of proof of the source of funds. You are sincere and responsive like a grandson. The seller suddenly says sorry, we don’t accept the funds for the day. You grit your teeth and make up your mind to find a merchant who doesn’t need to verify the flow. Although the price is a bit high, your inner confidence makes you feel that you will make money back. However, the merchant who "does not need verification" still asks you to provide the flow, but the review is loose, and then you can transfer money to the account. The whole process of 10 minutes seems like 10 years. During the process of transferring money, the dog rebounds to 600,000; after transferring money, you quickly press the "paid" button and send a screenshot of the transfer to the dialog box, hoping that the seller can confirm the receipt of the money within 10 seconds, but the seller waits for 5 minutes to confirm it for you. During this process, the dog rebounds to 800,000; finally received U, hurriedly exchanged it for ETH at the market price, and withdrew the currency! At this time, the dog callback has risen to 700,000, and the currency has just been mentioned on the chain. You are very happy. I just wanted to pee, so while peeing, I thought about buying when it callbacks to 500,000. I was so happy. I came back to the computer. Just a moment later, the K-line pulled a big green column. It turned out that the KOL called for it. The whole group was full of rockets and green columns. At this time, the market value was 900,000. You thought that the group members were all FOMO. If you entered at this time, you would definitely be stuck. So you continued to wait; but the K-line kept going up, and soon it rushed to 100,000. There was no decent callback, and it reached the previous high. A small red column appeared at the previous high and hit 950,000, but it was quickly eaten up. In the blink of an eye, the group members were celebrating 1050,000, ATH... You think it has broken the new high, there is no selling pressure, and you can go all in, so you keep 0.02e for GAS, and go all in for the rest. You set a slippage of 5 for the 0-tax coin, and you didn’t buy it the first time. Looking at the market value getting higher and higher, you set a slippage of 10 to increase the GAS and finally bought it. At this time, the market value is 1.3 million;You heaved a sigh of relief, watching the K-line reach 1.4 million, and the increasingly better community atmosphere. You thought to yourself how you should spend your money when the market value reaches 3 million. Soon the K-line dropped from 1.4 million to 1.3 million, your cost price. You thought to yourself that a correction is healthy and you want to be a diamond hand. Group friends are shouting Jeets will get rekt / Jeets NGMI and the like, and you are more convinced of your judgment. At this time, you are a little sleepy, although you are a little uneasy, but you may as well take it and wait until you wake up. Two hours later, you suddenly woke up and looked at the K-line, which had dropped to 700,000. What made you sad was that the K-line touched 2 million while you were sleeping. You calculated that you could earn about 50% at the highest point, but now you have lost almost half of it. Seeing that your group friends were comforting and encouraging each other, you resisted the urge to sell, and thought about building. You sent the contract and soft cx to each group, but your group friends either turned a blind eye, or said that they had already made a profit and were very comfortable, or said that dev was selling and only fools would buy. You, who hold the currency, felt at a loss, with no money left and no way to cover your position. Looking at the lower and lower prices, you thought about selling, and just when you made up your mind at 500,000, You want to sell at a loss, and a big order comes, followed by two, three... There are a total of 10 green orders, big and small, and the market value has also increased from 500,000 to 800,000. The group members cheer again; at this time, you don’t want to sell at a loss at all. In your mind, you regard this coin as the next PEPE, thinking that PEPE also washed people in the first few days, so you continue to hold it; unfortunately, a big red order comes, followed by seven or eight red orders, and you see that they are all band orders. It is estimated that the previous buy orders are all from tracking smart wallets. When the smart wallets leave, they also leave... It suddenly fell back to 600,000, and you want to sell at a loss again, but the positive attitude of the group members makes you feel that it is very jeet and stupid to sell at a loss now. Finally, you went to have dinner. During dinner, your sixth sense drove you to open your phone. You saw that there was a 15-minute K-line of -50%, and the market value reached 300,000. At this time, the group was full of buy orders, but the market value was getting lower and lower. A closer look showed that the administrator had set up 3 order robots, and one order was reported 3 times. Ah!Alpaca, you finally swore in your heart. You, who have always been very positive, asked directly in the group, "What's up?" You didn't dare to say "Dev sold?" or "Rug?" Because you still hold coins, you have to keep an eye on the latest developments in the group and can't be kicked out, so you can only ask gently, "What's up?" Then an administrator replied "Nothing, jeets gone we're mooning" or was laughed at by a group member. Just like that, you stared at the K-line to 20W, which is the position where many people started to buy the bottom. You thought there would be a rebound, but this position lasted for more than ten minutes, and it still fell below, falling to 10W. There were fewer and fewer people talking in the group, and only a few people were brushing emoticons. Only then did you realize that the so-called good atmosphere was vulnerable to money and interests. After a few hours, it fell to 5W. Suddenly the group was muted. An administrator who rarely spoke pinned a message saying that V2 was going to be relaunched, and asked everyone to deposit coins to one address. You were skeptical, and checked on the chain. Many people were sending coins to him. At the same time, many people saw that the group was muted and the relaunch was messed up, and lost confidence in the project. They sold their positions at a loss, and the market value dropped to 30,000. You looked at the coins in your hand, which had fallen 40 times. You only had 500 yuan left out of the 20,000 yuan you borrowed. You were already worried. So you tried your best and sent half of the coins to him. Half of the coins were sold at the current price of 250 yuan, which is about 0.02e. More than an hour later, the group owner unbanned, deleted the original relaunch message, and explained that there was a bad administrator who scammed everyone while I was sleeping, so everyone should not send coins! ! ! ! The group was in an uproar. You felt that the group owner and the administrator were playing a double act, but it didn't matter anymore. You smiled and left the group.

Reposted from Twitter user

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