Interestingly, yesterday I saw a case on the on-chain data platform—a certain wallet address took a tumble on PEPE.
This guy held for over 5 months before deciding to sell, dumping about 129.15 billion PEPE in one go. At the time, the market price converted to USD was roughly $822,000. It sounds like a lot, but after doing the math, the loss actually reached $511,000.
Thinking about the purchase price back then, how much of a loss was that? This kind of situation is actually quite common in the crypto market—long-term holding, expecting a rebound, but ending up with continued decline, and finally having to admit defeat and exit. High-volatility assets like PEPE are especially prone to this.
In plain terms, this is a realistic portrayal of risk tolerance. In the crypto world, some people double their investments, while others lose everything. Most often, it's small to medium losses. The example of this big holder is a good reminder—no matter how long you hold, if the market doesn’t cooperate, it’s all for nothing. Cutting losses in time is sometimes more important than stubbornly holding on.
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Web3Educator
· 7h ago
*adjusts virtual professor glasses*
fundamentally speaking, this is exactly what i've been telling my students for years—HODL mentality doesn't substitute for actual risk management. the sunk cost fallacy here is just... textbook behavioral economics, ngl.
Reply0
AirdropATM
· 22h ago
Five months, huh? That's the price of being a gambler.
Instead of bottoming out, I ended up at the bottom. Coins like PEPE are basically roulette.
Is this guy not losing enough? There are plenty of big fools like this in the crypto world.
Five months of waiting like waiting for death—it's really time to learn what stop-loss means.
Again with PEPE—when will this coin finally settle down?
$510,000—what kind of greedy mindset does it take to hold on for so long?
I should have known better than to touch this kind of trash coin; it's no different from gambling.
View OriginalReply0
Layer2Observer
· 01-10 15:58
What does a $510,000 loss indicate? It shows that holding a position for a long time doesn't necessarily mean you guessed the right direction, especially with assets like PEPE that test your psychological resilience.
This guy's case actually demonstrates that—data shows a long holding period and large position size, but in the end, he still lost to the cost of time. Technically, this is called "time decay."
Reflecting on this, the real issue isn't selling too late, but rather why we didn't exit at a certain stop-loss point initially. Let's look at the data—a 62% loss rate, which has completely deviated from the normal fluctuation range.
View OriginalReply0
DYORMaster
· 01-08 10:48
Oh my, 510,000 just disappeared like that, so heartbreaking
This guy is really gambling, waiting for 5 months in vain
Stop-loss is easy to say, but when it comes to the critical moment, it's hard to let go
Things like PEPE are inherently gambling, who can you blame?
But on the other hand, do you regret it now or not?
View OriginalReply0
ETHmaxi_NoFilter
· 01-08 10:42
Holding PEPE for 5 months, in the end, still took a loss. This is the crypto world.
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A loss of $510,000 indicates that I was really buying at a high point back then.
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I'm just emphasizing the importance of stop-loss; holding on stubbornly is never a strategy.
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For something like PEPE, with such huge volatility, daring to hold long-term is really brave.
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Another story killed by one's own conviction.
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An offer of $820,000 for a $510,000 loss—this brother's cost basis must be way off.
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That's why I never FOMO into small coins; high volatility is really unplayable.
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Holding for 5 months waiting for a rebound, only to end up trapped—so typical.
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Honestly, looking at cases like this makes me think of my own past trades. Thinking back, I was really stupid.
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Timely stop-loss can really save your life. It's not just pessimism.
View OriginalReply0
SolidityNewbie
· 01-08 10:41
Still at a loss after five months, this is the power of PEPE haha
View OriginalReply0
DataPickledFish
· 01-08 10:30
Five months still couldn't hold on, this is the magic of PEPE.
Wait, a loss of 510,000 USD? Brother, your mental strength must be incredible.
Another "I'll wait a bit longer" story, happening every day in the crypto world.
This guy really gave us a lesson; holding long-term doesn't necessarily mean guaranteed profit.
PEPE is truly a master at cutting leeks.
After five months of obsession, it still lost to the market; it's a bit heartbreaking.
Honestly, this loss can be considered tuition; that's just how the crypto world is.
View OriginalReply0
MiningDisasterSurvivor
· 01-08 10:28
I've been through it all, losing 510,000 in just 5 months, I was too soft. Back in 2018, I saw something even worse—holding on for over a year until everything was wiped out. At least this guy can still exchange for USD. PEPE has always looked like a Ponzi scheme; I should have left long ago.
Interestingly, yesterday I saw a case on the on-chain data platform—a certain wallet address took a tumble on PEPE.
This guy held for over 5 months before deciding to sell, dumping about 129.15 billion PEPE in one go. At the time, the market price converted to USD was roughly $822,000. It sounds like a lot, but after doing the math, the loss actually reached $511,000.
Thinking about the purchase price back then, how much of a loss was that? This kind of situation is actually quite common in the crypto market—long-term holding, expecting a rebound, but ending up with continued decline, and finally having to admit defeat and exit. High-volatility assets like PEPE are especially prone to this.
In plain terms, this is a realistic portrayal of risk tolerance. In the crypto world, some people double their investments, while others lose everything. Most often, it's small to medium losses. The example of this big holder is a good reminder—no matter how long you hold, if the market doesn’t cooperate, it’s all for nothing. Cutting losses in time is sometimes more important than stubbornly holding on.