- NEXTBULL Masterclass
- Posts
- 100 SOL — That Was The Price Of My Greed.
100 SOL — That Was The Price Of My Greed.
Confessions of a crypto trader
Sometimes, the harshest lessons come with the heaviest price tags. I never thought I’d share this, but here’s the raw, unfiltered truth about how I lost 100 SOL trading memecoins.(Nearly $24,000)
We see a lot of glory stories on social media — those exhilarating tales of 100x gains that make memecoin trading seem like the ultimate get-rich-quick adventure.
But behind every victory lies a graveyard of costly mistakes, and this is mine.
It all started a few months ago, when a humble 2 SOL investment blossomed into a jaw-dropping 80 SOL. It felt surreal.
You see, every month, I set aside an amount thats strictly for meme trading. This month is exclusive of the other amount I use when trading SPOT and FUTURES. For this particular month, I restricted myself to only 2 SOLANA ($500).
I was running a campaign in my community channel, where we were on a mission to turn 1 SOL into 50 SOL. For my case, I was using 2 SOL. Little did I know that things were about to turn real weird for me.
Solana
I was riding the high of a string of successful trades, a mix of presales and some well-timed meme coin flips that seemed to have turned me into a Midas of the crypto world.
The momentum was intoxicating, and I was convinced I had cracked the code. But in the world of memecoins, euphoria is often the prelude to disaster.
While you’re here, consider joining our Telegram Channel where you can find FREE reliable crypto intel!!
Two weeks before that, I had hit my first major setback. It was a 20 SOL loss, a gut punch that came from following a “trusted” call on social media. I had stupidly followed the hype and FOMO had gotten the better part of me.
The coin tanked almost instantly, and I realized too late that I’d been used as exit liquidity. The sting of that loss sparked something dangerous: revenge trading.
I wanted to make it back, fast. But instead of recovering, I bled out, losing 1 to 3 SOL at a time, watching my wallet balance dwindle as I spiraled deeper.
This is a dangerous graph to see.
Before I knew it, my 80 SOL had shrunk to a mere 15. Panic and desperation replaced the thrill I once felt.
I was chipping away at what little I had left, convinced I could turn things around. Then, miraculously, I did. I hit a play that rocketed 6x, and my balance soared back to 90 SOL.
Relief washed over me, but greed whispered in my ear. I held on, believing that I had the potential to turn 90 into 100 SOL.
But belief alone does not pay out in crypto unless you cash out, and I learned this the hard way as my winnings evaporated, dragging me back into the red. The red is a dangerous phase.
A few days later, that same wallet where I had deposited the 2 SOLANA had gone through all the phases of madness. From 2 SOLANA to 90 and now finally, back to zero.
For context, I had watched my wallet grow from $500 to $21,000 and now back to $0. It’s madening, I know. It was a humbling, painful experience.
I’ve always considered myself a disciplined trader — someone who researches thoroughly, who doesn’t let emotions get in the way.
But this time, I failed. And it was an expensive lesson. Yet, I’ve come to terms with it.
The crypto world is brutal. There is a thin line between winning and losing. Sometimes, the most valuable lessons come at a steep price.
I remember losing a lot on MEMECOINS before I learned how to win.
It’s these lessons that led me to launch and build a community of crypto traders, a place where valid, reliable information can always be shared. I this channel, I go bare knuckles and reveal everything you need to move from zero to hero.
You should consider joining our Telegram Channel where you can find FREE reliable crypto intel!!
Crypto
The biggest realization? Memecoins just aren’t for everyone unless you have a proper helper like myself.
Alternatively, you can consider sticking to higher market cap memes — safer, less volatile plays like $FWOG and $MOG.
I’m sharing my story because the timeline is filled with tales of massive gains, but we rarely talk about the other side: the emotional and financial toll of chasing quick wins.
So, here it is — an expensive lesson, but one I’ll never forget.
Enjoyed this read? Join 5,211+ crypto enthusiasts in our email newsletter and level up your crypto game! Don’t forget to clap if you want more content like this!”