Trading Strategy: Do exactly what r/SatoshiStreetBets says.
They say the market is rational. They are wrong. The market is a casino where the slot machines also scream at you on Twitter.
The Experiment: For 24 hours, I will refresh various Crypto Reddit communities (r/CryptoCurrency, r/SatoshiStreetBets, r/MoonShots). If a coin is mentioned more than 3 times in 5 minutes with rocket emojis (🚀), I buy it. No due diligence. No whitepaper reading. Just vibes.
I open Reddit. The front page is screaming about a coin called "ElonCumRocket" (ECR). I wish I was joking. The ticker symobl is literally $CUM.
I feel the FOMO (Fear Of Missing Out). My hands are shaking. I open PancakeSwap. I swap $100 of BNB for $ECR.
Transaction Fee: $12.00 (Gas)
Current Portfolio: $88.00 in $ECR.
I am refreshing the chart on Poocoin. It's a vertical red line. $ECR is down 40% in 15 minutes.
I check Reddit.
I try to sell. "Error: Transfer failed." I can't sell. I have $0 worth of a coin called ElonCumRocket.
Balance: $400.00.
I am angry. I need to make the money back. I see a post about Solana ($SOL). A serious project. "Solana is pumping because of NFT mints," says u/RationalInvestor.
This seems safer. I go 10x leverage Long on Solana using an offshore exchange. This means if Solana goes up 10%, I double my money. If it goes down 10%, I lose everything.
I buy $200 worth.
Current Portfolio: $200 Cash, $2000 (Leveraged) SOL.
Solana goes up 2%. I am up $40. I am a genius. I am the Wolf of Wall Street.
Then, Bitcoin sneezes. Bitcoin drops 1%.
Solana drops 5%.
I am down $100. I hold. "Diamond Hands," I whisper.
Solana drops another 4%.
I don't add margin. Beep. Position closed.
Balance: $200.00.
I have $200 left. I'm down 60% on the day. I see a token called "SafeMars". It has "Safe" in the name. It must be safe.
I put the remaining $200 into SafeMars.
The chart goes sideways. Nothing happens. I stare at the screen for 4 hours. My eyes are dry. I haven't eaten.
I wake up to check the price.
Up 20%!
Balance: $240.
I should sell. But if I wait, maybe it goes to 100%?
I go back to sleep.
I wake up. I check the price.
Down 90%.
Apparently, while I was sleeping, the developers sold all their tokens to buy a Lamborghini.
Balance: $24.00.
> ANALYSIS_LOG
Why did I do this? Why do millions of people do this?
It's not investing. It's dopamine. The charts are colorful. The numbers move fast. The community makes you feel like you belong to a tribe ("Apes," "Degens").
When you lose, the community comforts you with "Loss Porn" memes. When you win, they call you a king. It is a cult designed to transfer wealth from the impatient to the patient (or the scammers).
> FINAL_STATS
- Trades Made: 3
- Rug Pulls Experienced: 2
- Sleep Lost: 6 Hours
- Dignity Remaining: 0%