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Selling at the wrong time: How an unlucky cryptocurrency trader missed out on $3 million in profits

2026-09-03 00:24:05
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Selling

prematurely in the cryptocurrency market is a strange place, often allowing investors to make huge gains in just a few days or even hours. Of course, to lock in such profits, skill alone is not enough. It also requires a little luck, perfect timing, and the courage to sell decisively at the right time.

Here is the story of a trader who missed the opportunity to become a millionaire.

A month ago, a trader spent approximately US$443,000 on 7.99 million PONS tokens. However, shortly after, the price of the token fell, and the investor cleared his position and left the market, losing $308,000. What followed must be difficult for the mysterious trader to see directly-the PONS token saw a sharp rise, with the price soaring by about 1100% in two weeks. Analysts estimate that those 7.99 million tokens are now worth close to $3.46 million, meaning investors would have made a profit of about $3 million (at least on paper).

PONS is a relatively new token with a current market value of approximately US$275 million and is closely related to Robinhood Chain.

Previous unfortunate trader

Selling too early is as painful as watching prices plummet and drag down your portfolio after buying high. This happened to an unfortunate trader in the summer of 2024. At the time, he spent more than $900,000 on 7.2 million Restore the Republic (RTR) tokens. When the valuation of the Trump-related memocoin soared after its launch, the anonymous person followed suit. However, instead of rising further, the token price plummeted sharply, and in the end, the trader sold all his positions for only $18,000.

Disclaimer:

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