1 definition by dogebonker69
To sell one's entire dogebonk crypto currency portfolio (usually at a loss) at the start of a dip in the market which then later recovers. Meaning you have to buy back in at a loss (so you've lost twice) . It's a real embarrassment, similar to that of ejaculating prematurely when you see the downward curve of a ladies titties. You've made a mess of the sheets, embarrassed yourself and you didn't get to have sex. With premature ebonkulation everyone knows you did it though because they can see your wallet transaction history.
Man, did you see that whale blew his entire stack at the start of the dip? He bought back in later at a loss, the Muppet! - that was some serious premature ebonkulation.
by dogebonker69 November 26, 2021