i just fumbled $100k on a robinhood memecoin

Summary

Thread Guy recounts his chaotic night trying to buy Cash Cat, a memecoin on Robinhood chain, after Robinhood executives promoted it. He describes the intense FOMO, bridging difficulties, and his repeated entries and exits, ultimately holding the position while fumbling potential gains. The story illustrates the mania and psychology of crypto meme coin trading.

• Thread Guy got tipped off that Robinhood's CEO and CFO were promoting Cash Cat, a memecoin on Robinhood chain.
• He immediately tried to bridge funds to Robinhood chain but faced severe liquidity and technical obstacles, causing him to miss early gains.
• Despite selling multiple times out of frustration and past trauma with large-figure backing, he rebought each time, ending with a smaller position.
• The coin's price surged after Vlad Tenev tweeted that Robinhood chain works great for memes, validating the narrative.
• Thread Guy's public wallet activity was mocked in trading chats, and he admits to 'fumbling' about $100k in potential profit.
• He attributes his behavior to crypto conditioning: when a new player with influence enters, you ape first and ask questions later.