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A Cryptodad sad story about FOMO that will try to teach you to take profits

I'm a Cryptodad and like many of them I came late to the party. At some point I bought OCN at the ICO (shame, shame, repeat twice). If my memory not fail, I paid 0,03 .

With FOMO around TRX at that time, OCN started trading around 3x the initial price. I was feeling great. At the telegram group, people were like crazy. "This is an one dollar coin!". Than I remembered all those crypto crazy stories of someone making a 100x profit and I thought: "it's happening! It's happening to me!"

At some point my profit was around 300%. And what I did? Instead of taking profit I BOUGHT MORE. The crazy climb continued and I had a 600% profit. Theoric. Did not sold one little coin.

Pull back begun. Down, down, down. I finally decided the sell the biggest part of the position at the same price that I paid. Now I had some coins still locked from the ICO.

OCN, that reached 0,30, now it's trading around ONE CENT. A profit of around 30k turned out a loss of 2k.

Telegram group is still there dreaming about the "one dollar coin".

submitted by /u/nelito30
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A Cryptodad sad story about FOMO that will try to teach you to take profits A Cryptodad sad story about FOMO that will try to teach you to take profits Reviewed by paksvideo on March 24, 2018 Rating: 5

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