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In the meme, the "Doomer" character represents someone feeling regret or despair, often over missed opportunities like selling an investment too late. The phrase "Maybe I should have sold instead of taking a screenshot" reflects regret aversion, a cognitive bias where investors fear regretting inaction, as noted in decision theory. This is common in volatile markets like cryptocurrency, where timing sales is challenging. Studies show having a clear investment strategy can reduce such regret.