I have a friend.

On May 13, 2024, the Nth time it went to zero. I don’t know if you have had this feeling, when 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, and the community was still very active. You judged it to be a golden dog, and quickly borrowed money to deposit it. You sent WeChat to three friends to discuss borrowing money, and waited anxiously for more than an hour. Only one friend replied: OK, at this time 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 it 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 the 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, you receive U and quickly exchange it to Solana at the market price to withdraw 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 needed to pee, so while peeing, I thought I would buy again when the price fell back to 500,000. I was so happy. I came back to the computer, and 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 filled with rockets and green columns. At this time, the market value was 900,000. You thought that the group members were all FOMO, and it would be a waste if you entered at this time, so you continued to wait; but the K-line kept going up, and soon it rushed to 1000,000. There was no decent pullback, so it went to 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 that the price has broken the new high and there is no selling pressure, so you can go all in. Therefore, you leave 0.02s for GAS and go all in on the rest. You set a slippage of 30, but you didn’t buy it the first time. Looking at the market value getting higher and higher, you set a slippage of 35 and raised the GAS and finally bought it. At this time, the market value is 1.3 million. You breathed a sigh of relief and watched the K-line reach 1.4 million. Looking at the increasingly good community atmosphere, you thought to yourself how to spend the money when the market value is 3 million. Soon the K-line fell from 1.4 million to 1.3 million, your cost price. You thought to yourself that a pullback is healthy and I want to be a diamond hand. Friends in the group are shouting things like Jeets will get rekt / Jeets NGMI, and you are more convinced of your judgment. At this time, you are a little sleepy. Although you are a little uneasy, you might as well take it as it comes and sleep on it.

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 group members 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 group members 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, and had no money left 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 cut your losses, and a big order comes, followed by two, three... There are a total of about 10 green orders, big and small, and the market value is increased from 500,000 to 800,000. Group members cheer again; at this time you don’t want to cut your losses at all, and 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 they are all band orders. It is estimated that the previous buy orders are all following the smart wallet. When the smart wallet leaves, they also leave... It suddenly drops back to 600,000, and you want to cut your losses again, but the positive attitude of group members makes you feel it is jeet and stupid to cut your losses now.

Finally, you went to have dinner. During dinner, your sixth sense drove you to open your phone. You saw that there was a -50% K-line in the 15 minutes. 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. After a closer look, the administrator set up 3 order robots, and one order was reported 3 times. Ah! Alpaca, you finally exploded in your heart. You have always been very positive and asked directly in the group What's up? You dare not 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 and it reached 20W, which was 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 still fell below it, falling to 10W. There were fewer and fewer people talking in the group, and only a few people were posting 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, and sold the other half at the current price, which was about 2sol. 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.