2026-01-12 16:22:12

A crypto friend used an on-chain scanning tool to discover the $LUMEN token and decided to enter the market. Not long after, the price dropped from $2516 to $15.8K, with huge volatility. What does this tell us? In the crypto market, choosing the right tools and information sources is key. Either you get ahead of the curve and spot opportunities, or you have to endure the market’s ruthless fluctuations. Many people complain about not making money, but it’s really because they haven’t found the right way to scan the market. Proper on-chain analysis tools can help you quickly identify emerging tokens, but risk and reward are always two sides of the same coin.

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ser_ngmi

· 12h ago

Haha, your friend got directly wrecked this time. Did you buy in at $2516? That's outrageous. --- No matter how powerful the scanning tools are, they can't save the bagholders. --- Basically, it's just gambling with luck; everyone wants to be the first to spot an opportunity. --- That's why I don't touch new coins anymore; I'm afraid of losing money. --- Tools are good tools, but I'm worried that some people are just here to take your money. --- The $LUMEN case should be in the textbooks; it's really outrageous. --- The key is to have risk tolerance; otherwise, you'll just be anxious to death. --- So never go all-in on new coins; take profits when the time is right. --- I've also used those scanning tools, but I feel they're not very useful. --- That's how the crypto world is—only a few people make money.

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TokenTaxonomist

· 01-12 16:51

ngl that price swing screams selective survivor bias... statistically speaking, for every $LUMEN that pops there's probably 100 tokens dying in obscurity. per my analysis, most "scanners" are just taxonomically incorrect pattern-matching exercises. data suggests otherwise on the "tools = profits" narrative tbh

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HalfPositionRunner

· 01-12 16:51

Wow, $2516 directly dropped to $15.8K? How much can you buy at the bottom? That's hilarious. That's why I usually just take a quick look and run, I really don't have that kind of guts. No matter how powerful the market sweeping tools are, they can't escape the fate of being the last to buy in, right?

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ProofOfNothing

· 01-12 16:51

Bro, this wave of losses is pretty brutal, 2516 dropped directly to 15.8K... that's just outrageous. No matter how powerful the scanning tools are, they can't save a bad project; it all comes down to fundamentals. Speaking of which, who the hell can predict such a collapse? Pure luck. Using tools is not as good as using your brain. A bunch of people following the trend is the real nightmare. This guy probably got in early, otherwise the drop wouldn't be so severe... poor guy.

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LiquidityWitch

· 01-12 16:46

nah the real spell here is knowing when to exit... dude thought he found alpha but the market had other sacrifices in mind lmao

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