A few days back I bought a token from Launchpad. After they Launch on Pancakeswap I made 1.5X and sold. I was happy with that. But unfortunately, the token price grow double every day, then I bought again at the higher price. I thought this was a chance to multiply my portfolio again. Even though it grow 5x but O didn't sell that due to greedy behavior. Eventually, the project rug was pulled and skipped with all the funds. That means I lost everything even including my initial investment. This is how greed destroys us and scammer takes the advantage.
Sad heard about your losing but become experience at the future how to manage and stop greedy when investing in cryptocurrency actually with altcoin listed and available exchange with dapp only. I think early listing some coin from launchpad have good impact with price increase, but remember few days later price will going dump if your project joining without have good roadmap seems listing on CEX market. You have get profit with 1.5x from launchpad price but better spent each 50% to sell with different price, if later going pump you still have chance earn much profit more than 1.5x, but if price down you still get back with your capitall.