Same day. Different mistake.
A few hours after writing that I didn't trade today, I opened Dexscreener. Found a token. Bought it.
EMOJi. Market cap around $150K, holding its dips, slowly climbing. Looked like something was actually happening. Paid 0.05462 SOL for it.
You already know how this ends.
Down 93% in a few hours. The chart went vertical, then straight back down. Classic pump and dump. I watched it happen and couldn't do anything about it.
What I keep thinking is I don't understand how people actually make money on this.
I see the screenshots. The 10x, the 50x, the "I turned $100 into $8000" posts. And then I look at my portfolio and think what are they seeing that I'm not?
Maybe it's pattern recognition that takes months to build. Maybe they've lost a hundred times before the one win. Maybe some of them are just lying.
Probably all three.
What I got wrong this time: the chart looked stable. Holding dips, slow climb. But I didn't check the dev wallet. Didn't look at holder concentration. Entered because it looked good visually, not because the fundamentals made sense.
That's the lesson. A chart that looks good is not the same as a trade that makes sense.
Still figuring this out. Still here.
Not financial advice. Just someone losing small and learning slow.
0xshadow_void