I'm literally screaming with excitement right now! Yesterday on X, I followed a guy who often talks about whales investing in new projects. Before I went to sleep, he posted that a whale investor had bought a huge stake in a project called $JELLYJELLY. I used the last $5 on my account to buy in.
Guess what? I woke up this morning to see that my investment is now worth $1,280 and still counting! I did zero research on the project. It wasn't until today that I discovered it's a MEME token on Solana, launched by former Facebook President Sam Lessin.
Currently, it has achieved a $170 million market cap in just a few hours. I wasn't the only one who benefited; some people also spotted it early through SEED.
In my opinion, projects that will do well don't need much hype. Am I right?
So... what you are doing is literally gambling, nothing else beyond it.
This may be the easiest money you could get from "investing" in a project you don't even know, and there is a saying that goes: money which comes easy, goes easy. I hope you cashed out at a good price, because all meme coins have something in common (with very few exceptions) they all get flat lined very quickly and never recover, like a pump and dump scheme, basically.
Do not allow this experience to shape the way you are supposed to see investing and holding Cryptocurrencies which are actually worth of investigation and have an actual use case, if you continue to follow rumors of whales buying coins or tokens, you will eventually get your money taken away from you.
If you feel like gambling 5$, then sign up to a casino and try your luck at crash or Plinko, at least you would not be deluding yourself by calling what you do "investing".
Just my two Satoshis.