2025-12-09 19:22:49

Let me share a real story of getting burned.

A while ago, I saw a bunch of people bashing $FIL everywhere—calling it a scam, a rug pull, and all sorts of things. At the time, I even recalled that classic theory some big shot once mentioned: when the market is in extreme panic, it’s often the best time to buy the dip.

The logic was simple: if everyone’s yelling to get out, isn’t that the perfect entry point? So I got impulsive and went in.

And the result? Now I have to admit, sometimes the crowd really does have sharp eyes.

This thing’s price action is just baffling—when the overall market tanks, it crashes even harder; when the market rebounds, it keeps slipping a little more. Seriously, is it dead set on “falling first out of courtesy”? It drops more aggressively than anything else, and plays dead when things are rising.

Now I’m staring at my position every day, agonizing: should I just cut my losses and get out? But judging by this trend, it feels like there’s still more downside to explore.

Sometimes, contrarian thinking depends on what you’re buying. Not every project getting flamed is worth bottom-fishing—there are reasons for the market consensus.

FIL-6.01%

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NftBankruptcyClub

· 20h ago

Haha really, I've stepped into this pit too. Reverse thinking sounds appealing, but in reality, it's just gambling. --- Buying the dip, buying the dip, ended up buying the house. This is my blood and tears story. --- Are the masses' eyes sharp? No, it's my eyes that are blindly bright. --- After so many lessons, I still repeat the mistakes. I admire myself. --- FIL this broken thing really drops without mercy, but pretends not to see when it rises. --- Basically, I've been brainwashed by the "Extreme panic = dip buying" rhetoric. Now that I'm wiped out, I'm still tangled up in whether to cut or not. --- That's why my account name is "Bankruptcy Collection," a pile of painful lessons. --- Market consensus isn't without reason. Still, I insist on going against it, and I deserve to be rubbed into the ground. --- Watching the holdings daily, tangled in cutting losses, might as well admit defeat directly for a quicker end. --- Feeling like it can continue to test the bottom? Then you're just waiting for a rebound that will never come. --- The premise of reverse thinking is having accurate information sources, not relying on the big shots' chicken soup theories.

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DaisyUnicorn

· 12-09 19:51

Oh, this is what's known as the "reverse of reverse thinking"... The discerning eyes of the public really are impressive.

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Tokenomics911

· 12-09 19:46

Bottom fishing turned into losing everything—this is the price of contrarian thinking. FIL’s moves are really something else: it falls harder than anything else, but when it rises, it plays dead. It’s just here to harvest. You have to cut your losses; if you wait any longer, there’ll be nothing left. Seriously, some consensus is hammered in by hard-earned lessons, not made up out of thin air. Just thinking about bottom fishing when others panic, without considering the risks—it's ridiculous. Next time, I need to be smarter and not buy into everything those so-called big shots say.

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ForkInTheRoad

· 12-09 19:36

Acting on impulse is an original sin, bro. --- This is a typical case of overthinking in reverse; not everyone who gets criticized is worth copying. --- "The crowd has sharp eyes"—I need to remember this. A bloody lesson. --- Super active when it's dropping, plays dead when it's rising—truly a unique skill. --- You tried to buy the dip and ended up on the McDonald's floor, huh? --- Seeing your experience makes me feel better. I was thinking about entering the market recently, but now I've cooled off. --- Sometimes just following rumors can really burn you. Lesson learned.

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