Honestly, I think investing in shitcoins is just gambling. You might get lucky and make a quick profit, but the majority of people end up losing money. Shitcoins and memecoins are nothing but pump-and-dump schemes orchestrated by developers looking to scam people and make a quick buck. Never believe their promises or get swayed by FOMO. But not every altcoin is a scam. There are legitimate projects with solid fundamentals and long-term goals. I prefer sticking to reputable cryptos with proven track records.
Topic: Before investing on meme coin or shitcoins consider this. - page 9. (Read 1104 times)
Good advices but here's a thing or two about these people that have been investing into these and keeping the faith for their fate of being rich with those.
They won't listen to people's reminder that are worried and concerned about them. They'll continue to what they've been doing and no matter what reminders and tips you give them, they'll still give their best shot to it.
As they've been into, they'll only say that they afford to lose it and what if the investment they've made there will make them rich. Even so, they won't listen until they ran out of money.
They won't listen to people's reminder that are worried and concerned about them. They'll continue to what they've been doing and no matter what reminders and tips you give them, they'll still give their best shot to it.
As they've been into, they'll only say that they afford to lose it and what if the investment they've made there will make them rich. Even so, they won't listen until they ran out of money.
I observed some developments in the meme environment and realized something about a series of projects that have received a lot of buzz like SHIB, FLOKI, PEPE,... and even long-standing projects like Dogecoin the fact that many people see memes as a joke and gradually turn into an indispensable part of this market, because of how good the project is, no matter how good the technology is, no matter how strong the financial potential but without a community it is not possible to give a good or lasting signal about survival in the crypto environment. Many projects have followed this form to give % airdrops to the community, or the easy meme listing on cex does not need many binding criteria, sometimes just money is enough to push any silly project what a fool.
And the truth is that memes born as a joke don't have the criteria for long-term development, and anonymous dev can scam and rugpull at any time. So the meme environment I've seen so far from projects big or small, they are all entertaining and not sustainable, short-term fomo but huge profits make many people gradually get into the game or multi-level form hiding under the crypto investment environment, and newcomers are always attracted to greed and will learn from these.
And the truth is that memes born as a joke don't have the criteria for long-term development, and anonymous dev can scam and rugpull at any time. So the meme environment I've seen so far from projects big or small, they are all entertaining and not sustainable, short-term fomo but huge profits make many people gradually get into the game or multi-level form hiding under the crypto investment environment, and newcomers are always attracted to greed and will learn from these.
Thanks and all that you mentioned are the best proactive measures to stay safe from being in the wrong cojn investments, indeed the hype on meme coins have been on the increase lately and this point to one thing and that is a scam and dump party about to happen and a lot of investors are going to experience loses.
So best to avoid investing what you are not willing to gamble with, in fact, don't take meme coins as investments rather take them as just gamble and stake only what you can afford to do away with, be hard the worst experience with hype and shitcoins and now we are educated enough not to ever take them seriously.
So best to avoid investing what you are not willing to gamble with, in fact, don't take meme coins as investments rather take them as just gamble and stake only what you can afford to do away with, be hard the worst experience with hype and shitcoins and now we are educated enough not to ever take them seriously.
Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.
2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.
3. Be realistic and don't join the FOMO since this could lead up losing your money.
4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.
5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.
1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.
2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.
3. Be realistic and don't join the FOMO since this could lead up losing your money.
4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.
5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.
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