Rasmr tells the full story of how he slammed the Kimchi coin 2 minutes after launch with zero research
“I saw fomo notifications for the OG Kimchi coin getting sold rapidly by people I follow. Prod Chris, a Catalyst member, was dumping it, and I was like what’s going on. I opened the chart, it’s down 80% on one red candle. I go into my Discord asking what’s happening, and they’re like, new Kimchi wallet. I’m like what? I @ everyone, join VC, I’m fucking scared, I’m screaming, where’s the ticker, scan the coin. They scan it and I slam it. That’s literally what happened.”
“I didn’t check shit, I slammed it with no info. The risk I was taking is I bought a 2 minute old coin. I didn’t check the bundle, didn’t check the Bubblemaps, I slammed $20k in and it could have easily gone to zero. People call it insider trading, but the odds wouldn’t be equal because other users need time to check Bubblemaps. I didn’t check any of that, that’s my risk. fomo is the discovery tool.”