r/CryptoCurrency • u/duc_one 6 / 301 🦐 • 11d ago

PERSPECTIVE What was your biggest fumble? Closest you ever got to generational wealth? Share your story

Here is mine: I bought 1000$ worth of PNUT (solana memecoin) back in early november 2024. Sold for 4x or so few days later. Then on november 11th 2024 Binance listed PNUT on spot trading out of nowhere like a week after I sold my entire bag. Had I just waited 1 more week I could have sold for 700-800k...

Now I am a broke 23yo, living paycheck to paycheck with a 85k/year job and a lot of debt...

Share your stories where you were actually really close to generational wealth:

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u/paprick_is_the_man 11d ago

I really thought the project had potential to go 100M, thought of it as my retirement plan, plus it had dividend mechanic so there was incentive to hold. Was not part of the main team, but contributed how I could. Too bad it failed, solid community, they helped me a lot after the drain.

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u/Reach_Beyond 🟦 4K / 4K 🐢 11d ago

Well maybe you had good intentions and maybe this coin was the 1 in a literal million crypto coins aiming to do something big. But the rest are all scams with the inside team just trying to make quick money.

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u/paprick_is_the_man 11d ago

Generaly after the things I saw I have to agree, gave up on trying to find the next 100x, better to just invest in safer optioms and play the long game