Paper hands and diamond hands

Paper hands are people who sell at the first dip or the first small gain. Diamond hands are people who hold a token through violent swings, often shown with a diamond and hands emoji. Memecoin communities praise diamond hands and mock paper hands.

It is worth asking who that pressure serves. The more people hold, the slower the price falls, which suits anyone who wants to sell early and high. Holding a token whose creator has just dumped their supply is not courage; it is ignoring the data. A decision to sell should follow a plan set before you buy, not what people in the chat will call you.