Min-Jae made his biggest mistake during an altcoin rally. He kept jumping from one pumping coin to another because he was afraid of missing the next move.
At first, the strategy worked. His account grew quickly, but every win encouraged him to take even bigger positions.
When the market turned, several altcoins dropped heavily within a short period. Min-Jae held on, expecting another pump that never came.
Blow-Up Numbers
• Starting Balance: $6,500
• Ending Balance: $900
• Return: -86.2%
• Duration: 5 months
• Risk Per Trade: 12%