Is It Really A Profitable Loss Though?

Today has been filled with a lot of people going crazy about how they sold too quick and how painful it is watching the bag they once sold worth over millions of dollars. Imagine buying a meme coin for $500 then it pumps to $15k which is a very exciting profit and price to have in your wallet. After few days, you start seeing the price trend on Twitter and you go and check your holding and realize it’s worth over $2 Million now. That’s the reality of some people now.

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So Binance just unexpectedly listed Peanut Memecoin and ACT, these are meme coins that 15 days ago of lesser was worth less than $100k market. To the early buyers they saw these memecoin as just another random memecoin to make profit off, but they didn’t know it’s going to be one of the biggest meme coins in this bull run. All of a sudden the $15k profit they were once excited for starts feeling like a loss because they are now seeing from the “I could have made $1 Million point of view”.

This perspective gives them a profitable loss point of view, they are in profit quite alright but still feel like they are at loss.