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DoomPosting
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Degens Deteriorating
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That said, admirable dedication by the few guys continuing on streaming, post pumpfun ban

You need a captain that’ll go down with the ship, through the rough waters, not some fairweather non-fren

For that matter, a coin needs early buyers who will go down with the ship, or at least jeets who will sell early at 0% profit and swap for those willing to go down with the ship

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“Only thing price cares about is people buying and holding and not selling”

— Or jeeting asap at <= 0% profit, swapping their place for those willing to go down with the ship

Drawdowns are a reality of markets life, need

Sometimes because they believe in the cause more than they fear the losses

$BOME - many openly tweeted during the presale that they were fine to lose the money they put in, because they supported the cause, of supporting whatever experiment the creator of the most dank pepe remakes wanted to do

$PNUT - many of the earliest buyers believed in the cause of rallying people to send a message to the state, more than they feared losing whatever they put in

$BTC - many of the earliest put in their time and money with little-to-no expectation of financial returns, because they supported the cause

Whatever the reason to hold, price only cares about people buying and holding and not selling

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tbh looks like a lie,

as are all the other success stories involving these livestream coins

Looks like he only made a couple hundred dollars at most

He rugged AT ~$50k market cap… getting only a couple hundred dollars

Livestream coins have been shockingly unsuccessful

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$BTC pullbacks earlier this year were about -20%

$SOL pullbacks earlier this year were about -40%

This one so far has done about -7.5% and 14% respectively

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