**[Bonk Guy: Lost Approximately $100,000 Trading a New Token, Reflects on Overtrading and Blindly Following Others' Judgments]** Odaily Planet Daily News – Crypto trader Bonk Guy shared that he recently incurred a loss of approximately $100,000 due to trading a new token. The primary reasons for the loss were overtrading and continuously depleting capital while chasing new trading pairs and liquidity rotations. The position size in this instance far exceeded his usual investment in similar trades. Bonk Guy reflected that the common thread in his recent losses was relying on others' judgments rather than building his own investment convictions. He noted that most of the profits during this cycle came from independent judgment and sticking to his positions, but after achieving success, he gradually became complacent and started engaging in unnecessary trades. Bonk Guy emphasized that sometimes the best trade is no trade at all. Moving forward, he plans to focus more on opportunities where he truly has investment conviction, even if it means missing out on certain market movements.