One Dogecoin investor missed out on big money by selling too early. This investor started buying Dogecoin in 2013 and kept buying until 2015. They ended up with a lot of coins but didn't touch them until 2023. By then, the value of Dogecoin had skyrocketed thanks to social media hype and support from people like Elon Musk. At its highest point in 2021, their investment was worth over $4 million.

But instead of selling then, they waited. Unfortunately, the cryptocurrency market took a dive in 2022 and 2023, and so did Dogecoin's value. When Dogecoin started to recover at the end of 2023, the investor decided to sell. However, they sold just before Dogecoin took off again. After they sold, the price of Dogecoin jumped by 120%. If they had waited until 2024, they would have made an extra $870,000.

Dogecoin is currently struggling to keep its value above $0.15. Trading volume has dropped, and people betting on Dogecoin's future are cutting back. Many investors are selling their futures contracts to avoid losing more money. Despite this, Dogecoin isn't considered either too popular or too unpopular right now. However, it's trading below its average price for the past 50 days, which suggests its value might keep going down for a while.

In summary, one investor learned the hard way that timing is everything in the volatile world of cryptocurrency. By selling too early, they missed out on a chance to make a lot more money.