petar
6mo
Member
One of my biggest fumbles in crypto was $HIGHER
I was there on the day @martin airdropped me ~500K tokens for following /higher
Immediately after the token launched, I aped $100 to buy another ~700K $HIGHER and went to bed
The next morning, I checked the chart and saw people were dumping heavily š However, my $HIGHER bag was now worth ~$1K, so I decided to cash out all of my tokens
From $100 to $1,000 is a very good trade, isnāt it?
Not so fast
A month or so later, Farcaster blew up in popularity for the first time. All Farcaster-related memecoins went parabolic in price, too š
The 1,2M $HIGHER tokens I sold for $1K was worthā¦ over $200K š¤Æš±š
I fumbled generational wealthā¦
Itās almost impossible to discern what token would go up in price
Holding an airdrop and waiting for your bags to moon isnāt the best strategy
Selling an airdrop immediately after receiving it isnāt the best strategy eitherā¦ Because it could 10x š
Token airdrops are the pit of despair šµāš«
Here was my workflow:
-> Only tokens considered since the big public push on Farcaster "airdrops" - so around March of this year; this disqualifies $higher since it was such a long time ago (degen days) and was a very different situation well before recent marketing efforts. Higher performed very well since it was air
The Degen token was my other great fumble
I received 2-3M $DEGEN from the first airdrop and sold all gradually during the first pumps
If I held, Iād have bagged another $200K š¤·š»āāļø
I exited with $5K, so it felt good at the time but the pain came when the tokenās price went parabolic š«
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What an incredible experience my friend. Personally, I only received 250K $HIGHER, but that was already great.
At first, I kept them because I liked the symbol they represented. Then it started going up, and up, and up, it went really high. I watched it rise, and even some people from the HIGHER project told me, 'Go ahead, sell, donāt worry.'
But, no, no, I didnāt sell. Donāt ask me why. Then I watched the token go down, and down again, and I still didnāt sell anything. I still have my 250K , actually, I even bought more.
I donāt know if this token will ever go higher again. I still canāt explain why I didnāt sell, but I think this is the only token thatās brought me something truly meaningful. Itās not emotional attachment, itās something even deeper.
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