The Night I Spent SOL Like Play Money — All the Way to Zero

🎙️ GMGN User Stories · Episode 04 · A series where we listen to the people on the other side of the screen talk about how they actually trade.

Episode 04 features @FatihaAbid — a player who got in around 2024 and calls himself a grizzled old “leek” (the local term for a much-harvested retail trader). He’s had the windfall of buying a coin on a whim before bed and waking up $60K richer, and the sobering night of the papal conclave when he ground his entire net worth down to zero. One trade on tilt, one trade a lottery ticket — he tells you about both.

“The night of the papal conclave, I lost my entire net worth. I was tapping SOL like it was play money — mashing the button all the way to zero before I finally snapped out of it.”

— @FatihaAbid

About me

Hi, I’m @FatihaAbid. I started playing around 2024, and by now I count as a bit of a veteran “leek.”

Me and GMGN

I’ve been on GMGN for a good two years or so.

At first I traded through the Telegram web version. Back then I wasn’t great at trading on mobile and didn’t really make much money. It was only after I switched to a computer that I realized — GMGN is genuinely good to use, and I’ve been making money consistently.

Around the same time I also tried another trading site called BullX, but it wasn’t for me. GMGN just suits Chinese users better.

What I’d complain about

Honestly, there’s nothing in particular I want to complain about right now. If anything, what I’m most excited about is a new feature I’m already using — Multi-Chain Trenches. It’s the single most satisfying update I’ve had on GMGN.

The trade I remember most

I have two trades that really stuck with me — one that fell from the sky, and one that dropped through the floor.

The first was a lottery ticket from the sky. I was traveling in Shanghai at the time, and before bed I bought a coin on a whim. I was woken up in the middle of the night by a friend, only to find I’d already made $60K. Pure windfall.

That one taught me something: sometimes, when a coin has gone to zero, just don’t sell — leave it sitting there as a little lottery ticket.

The second was my wake-up call. The night of the papal conclave, I lost my entire net worth. I just kept tapping SOL, like I was mashing play money, all the way down to zero before it snapped me out of it.

Ever since, I haven’t dared to buy too much, and I don’t keep too much money on-chain — which matters a lot: it protects you both from getting hacked and from tilting your whole stack away in one go again.

My biggest change

The biggest change from when I started until now is that my capital has grown, and I’ve got the confidence to try different playstyles.

I’ve also become a lot stronger mentally.

And one rare thing — along the way, I’ve made some good friends.

My personal playbook / steal-my-homework section

The feature I’ve been using lately, and most want to recommend to other degens, is Multi-Chain Trenches.

My workflow used to look like this:

• Open a separate browser tab for each chain
• Set a different notification sound for each tab
• Constantly switch back and forth, listening across all of them
• A huge hassle — and I’d still miss trades

After Multi-Chain Trenches:

• I can see what’s being played on every chain at a glance
• Scanning chains finally got easy

If you’re a multi-chain memecoin hunter like me, this is the simplest, most direct tip I can give right now — turn this feature on, and your whole scanning rhythm will change completely.

Risk note: This article is for information and product explanation only and does not constitute investment advice. Memecoin trading is extremely high-risk and can lead to the total loss of your capital. Do your own research and make your own decision before trading. GMGN does not promise, guarantee, or predict any profit or return. Any user gains or case studies mentioned are individual, exceptional, and not representative of typical outcomes or of future performance.