OpenCoin🕊️|Mar 29, 2026 08:23
The biggest lie about long-term investing: As long as I hold on long enough, even the worst coin can break even.
Tracked down an old address on the VINE chart that’s been brutally trapped in a long-term position.
Turns out, without a stop-loss strategy, even big money can turn into 'dumb money.'
Check out this painfully ugly performance report:
Cost basis: Average buy-in price of $0.0267, but the current price is only $0.015.
Massive losses: Including previous realized losses from selling at a loss, the total account loss is now close to $20,000.
Desperate struggle: 15 hours ago, they started a completely undisciplined series of small buys at the bottom (even including tiny orders of just a few dollars), completely losing the rhythm a whale should have when building a position.
Using a tiny amount of funds to try to cover a massive 36% unrealized loss—this kind of unplanned left-side averaging down is a major trading taboo.
What do you all think? Will this guy eventually see the spring of recovery and break even, or will he finally lose it and liquidate everything?
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