Let me share a true story. There’s a friend of mine who is somewhat well-known in the circle. A while ago, he was crazily promoting the TIA project to me, constantly saying "It's comparable to ETH and there's no turning back", and "A market capitalization of 10 billion is just the starting point". At that time, he himself had invested heavily with 500,000, but after the coin price plummeted, he stubbornly added another 500,000 to buy the dip in hopes of turning things around.
Yesterday, I casually asked in the chat, "Did it come out?" He replied, "There are only 50,000 left in the account, what a hammer." I could feel the helplessness and reluctance from the other side of the screen, but his words hinted at a gambler's mentality of "maybe it can still bounce back."
1 million principal shrank to 50,000, this loss ratio would break anyone's defenses. I now categorize TIA as a "heavenly doomed level" project, and it's no joke—those narratives that were hyped to the sky have ultimately become self-comfort for the trapped. The market won't give a second chance just because of your obsession; the losses that need to be acknowledged should be recognized early for liberation.
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NFTragedy
· 21h ago
Turning 1 million directly into 50,000, how strong must this mindset be to continue holding onto the fantasy of "it will rise back again"?
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ChainMemeDealer
· 12-02 16:44
Losing 1 million and turning it into 50,000, how strong must one’s mentality be to continue waiting for it to rise back?
Bro, this is too much of a gambling mentality; with a project doomed to fail, one should decisively stop loss.
I've heard too many stories like this, and they all end in self-comfort.
My fren also fell into this trap, and now when he sees a celebrity promoting something, he just blocks them directly.
The market doesn't give a second chance to those who are too obsessed; to be honest.
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GateUser-8fc083db
· 12-01 16:08
One million has shrunk to fifty thousand, you should run quickly. If you don't run, even fifty thousand will be gone.
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GateUser-ef43747c
· 12-01 05:57
this is complete bullshit😢😢😢
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SpeakWithHatOn
· 12-01 02:53
1 million shrunk to 50,000, how resilient must one be... still fantasizing about a comeback, unable to speak.
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HodlTheDoor
· 12-01 02:49
1 million turned into 50,000, this is the outcome of "benchmarking ETH", laugh out loud.
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Dbc1u
· 12-01 02:49
With a principal of 1 million shrinking to 50,000, this loss ratio would break anyone. I now classify TIA as a "heavenly doomed level" project, and I'm not joking—those narratives that were once hyped up have ultimately turned into self-comfort for loss-making positions. The market won't give a second chance just because of your obsession; the losses you need to acknowledge should be accepted as soon as possible for relief.
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GasOptimizer
· 12-01 02:45
Investing 1 million and turning it into 50,000 is shocking enough. A 95% loss rate, viewed from another angle, is the worst case of capital efficiency. I have seen the issue of Margin Replenishment too many times; it's just like trying to reduce costs by endlessly adding Gas fees— the more you throw in, the harder it is to get out. Those narratives are essentially variants of the sunk cost fallacy; the market won't give discounts just because of your obsession.
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LiquidityOracle
· 12-01 02:41
Losing 1 million down to 50,000, this guy must be really good at self-deception, still fantasizing about a Rebound, it's killing me laughing.
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BrokeBeans
· 12-01 02:39
Investing 1 million and only having 50,000 left, I really can't understand this mindset. Do you have to wait for a miracle?
Let me share a true story. There’s a friend of mine who is somewhat well-known in the circle. A while ago, he was crazily promoting the TIA project to me, constantly saying "It's comparable to ETH and there's no turning back", and "A market capitalization of 10 billion is just the starting point". At that time, he himself had invested heavily with 500,000, but after the coin price plummeted, he stubbornly added another 500,000 to buy the dip in hopes of turning things around.
Yesterday, I casually asked in the chat, "Did it come out?" He replied, "There are only 50,000 left in the account, what a hammer." I could feel the helplessness and reluctance from the other side of the screen, but his words hinted at a gambler's mentality of "maybe it can still bounce back."
1 million principal shrank to 50,000, this loss ratio would break anyone's defenses. I now categorize TIA as a "heavenly doomed level" project, and it's no joke—those narratives that were hyped to the sky have ultimately become self-comfort for the trapped. The market won't give a second chance just because of your obsession; the losses that need to be acknowledged should be recognized early for liberation.