憨巴龙王|Nov 04, 2025 22:20
Cudis is probably the coin I regret the most.
I've only lost money on two small coins: rvv and cudis. Rvv was a scam, I’m not convinced. But for cudis, I admit defeat.
I first noticed this coin because it was doing massive fake volume on-chain. The numbers were ridiculously high and obviously fake. On-chain volume has a cost, so if they’re faking it to get listed on contracts, it means there’s a whale behind it.
At first, I bought in at 0.09, it went up to 0.17, and I made $200K. Didn’t sell a single cent.
Then it dropped back down, so I reduced my position. After October 11, I bought back in again, and it tortured me for a month. I gave up.
When I gave up, it was at 0.055, and I had a $300K position. My position made up 20% of Binance’s contract holdings. In the end, I lost about $100K.
And just now, I tried to arbitrage and got rekt for another $50K...
Respect to the skilled market makers.
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