Here we observe the common trader, possessed by the delusion that averaging down represents strategy rather than capitulation, as 23 desperate purchases of JANNY compressed into six days reveal the slow suffocation of rational thought beneath mounting losses.
CAUSE OF DEATH
Compulsive buying into declining liquidity
VERDICT
"He held the bag because he could not stop filling it."
WORST DECISION
Bought the Top
Bought for 0.202 SOL on May 23. 1.4x more expensive than cheapest entry.