Topic: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA (Read 327 times)
May 20, 2023, 02:20:26 PM
If already anyone missed billionaire opportunity From crypto meme coins don,t worry mate i think very good opportunities coming for you just wait & see what will happing very soon or later in futures and meme coins is very risky investment so please bore starting investment in meme coin DYOR properly as well.
May 20, 2023, 01:21:40 PM
Every project is unique, and success is not guaranteed.
I cannot support this opinion because not every project is unique. A lot of projects in the crypto industry are copies of well-known projects and do not add anything new to the already existing concept. Simply put, they are clones, and in some cases they are clones of clones. Such projects on the market in the majority. The most quantity of clones accounts for ETH and BTC, as they are the most popular coins, there is always a hype around them. As you know, where there is a hype, there always appear a lot of clones.
It's true, sir. This phenomenon is often referred to as "forking" or "copycatting", but that's not wrong either. since it is open-source in the cryptocurrency space especially during periods of hype and increased attention, it could be the aim to improve on existing concepts or offer other alternative solutions. maybe..
There is a bad thing about this, I don't agree with you. The bad thing is that all these copycat coins and clones are breeding grounds for scam and fraud. Most investors in these projects suffer from losing money and all these coins die very quickly, leaving their investors with nothing. For the developers of such projects, there may well be nothing wrong, as they will always be in profit. Such projects only show cryptocurrencies from the bad side and generate various speculations that the crypto industry needs to be regulated even more, as fraud is flourishing there.
May 18, 2023, 04:35:23 AM
Every project is unique, and success is not guaranteed.
I cannot support this opinion because not every project is unique. A lot of projects in the crypto industry are copies of well-known projects and do not add anything new to the already existing concept. Simply put, they are clones, and in some cases they are clones of clones. Such projects on the market in the majority. The most quantity of clones accounts for ETH and BTC, as they are the most popular coins, there is always a hype around them. As you know, where there is a hype, there always appear a lot of clones.
It's true, sir. This phenomenon is often referred to as "forking" or "copycatting", but that's not wrong either. since it is open-source in the cryptocurrency space especially during periods of hype and increased attention, it could be the aim to improve on existing concepts or offer other alternative solutions. maybe..
May 14, 2023, 02:51:53 PM
Every project is unique, and success is not guaranteed.
I cannot support this opinion because not every project is unique. A lot of projects in the crypto industry are copies of well-known projects and do not add anything new to the already existing concept. Simply put, they are clones, and in some cases they are clones of clones. Such projects on the market in the majority. The most quantity of clones accounts for ETH and BTC, as they are the most popular coins, there is always a hype around them. As you know, where there is a hype, there always appear a lot of clones.
May 13, 2023, 09:46:35 AM
It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
and soon, it won't be only decline of 4 times but high likely it will be abandon in the trading market. that's the dilemma of going into this type of token. the survival rate is very low. and it happens to a lot not only meme tokens but a lot of alts. very few survive. most of the dev teams are really not worth calling them as developers. most of them are just money-grab projects without long-term plans.
lucky for him, SHIB is still active in the trading market, what more of those other meme tokens which are not available anymore in the market?
It is very difficult to predict the further movement of the Pepe price, since we do not know what the future plans of the team of this coin are. After reducing the price by 4 times, we saw a fairly rapid increase in the price by 100%. It is possible that now there is another pumping of the coin in order to fix the profit after the last fall.
May 13, 2023, 03:54:50 AM
It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
after all it's always really bad idea investing when the meme coin is at its peak, some people might get fomo'd but i think they should understand that a coin didn't increase forever, when it rise more than 88000 it's obvious that everyone that wanna make entry is already too late.The only thing that could save them at that point is if their investment in the meme coin of their choice was low, as they were expecting to still obtain huge profits with a minimal investment, however if they invested a great deal of their capital then most likely their careers as traders will be over before they even began.
May 12, 2023, 07:24:28 PM
yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak
It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
and soon, it won't be only decline of 4 times but high likely it will be abandon in the trading market. that's the dilemma of going into this type of token. the survival rate is very low. and it happens to a lot not only meme tokens but a lot of alts. very few survive. most of the dev teams are really not worth calling them as developers. most of them are just money-grab projects without long-term plans.
lucky for him, SHIB is still active in the trading market, what more of those other meme tokens which are not available anymore in the market?
May 12, 2023, 07:15:16 PM
yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak
It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
May 12, 2023, 04:56:35 PM
yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak
It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
May 12, 2023, 12:47:41 PM
It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?
that's true it's more or less just fate, no one knows what future holds, sweating over the lost opportunity is just nothing more than useless grievance, there are most certainly many reason why many of shiba holders back then just didn't hold their shib until it get this high, one of them must be the fact that they didn't know and that's pretty much okay, maybe next chance.
May 12, 2023, 11:07:12 AM
It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?
that's true it's more or less just fate, no one knows what future holds, sweating over the lost opportunity is just nothing more than useless grievance, there are most certainly many reason why many of shiba holders back then just didn't hold their shib until it get this high, one of them must be the fact that they didn't know and that's pretty much okay, maybe next chance. 
May 12, 2023, 10:16:41 AM
It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?
May 12, 2023, 05:38:31 AM
I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.
If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.
May 12, 2023, 05:29:41 AM
If he could tell the future, he probably wouldn't have made the mistake of exiting early. But then his decision to exit may be as a result of his previous experiences with some other altcoins. Just like Damien, you and I have had our date share of this kind of regret; 'wish I knew, I would have hold much longer'.
This is crypto space, a world full of regrets.
This is crypto space, a world full of regrets.
May 12, 2023, 05:18:22 AM
every investor has a different strategy, but if we have a good analysis of meme coins, it will be easier to get bigger profits, unfortunately not everyone can do it well, because it is difficult to analyze. a 10x increase is very likely to occur in the movement of memecoin, and a 10x decrease is also very likely to occur. So we need good analysis, psychology, and money management, so that we can always profit from Memecoin, and I think it's up to us to respond to this, as long as we are familiar with the characteristics of Memecoin.
When investing in meme coins, it is more preferable to obtain insider information if you have contacts with members of the coin team. This is due to the fact that technical analysis in most cases is not applicable to meme coins, since pump&dump is used here, the timing of which cannot be predicted.
May 12, 2023, 02:39:53 AM
That is the common scenario in investing in Altcoins. There are coins that pump during the ICO and then the ivestors will dump it, there are start at lower price but suddenly it will pump in the middle stage. Regret is always in the end no one knows what will be the price of a particular alternative coins, investors used to miss out significant profit in the crypto currency due to his fear or greed. So for every investment you need to research and study first because it is hard to gamble if you earn profit that is good, but if you loose some that is not nice it is stressful.
May 12, 2023, 02:13:44 AM
Although become a billionaire overnight is all people's dream, but I still consider keep accumulating Bitcoin is better because it's slowly but sure. Not like picking 1 from 10,000 and if you hit it, you will become a billionaire, if not, you're lose everything. We couldn't deny if there's always one person can make a good profit on each shitcoin, but it's a matter of luck and it's his day.
May 11, 2023, 11:59:05 PM
Have you encountered anything like this?
Absolutely every investor and trader in any market has encountered it. The effect is called FOMO. The lost profit syndrome causes many to take rash actions and buy an asset at a time when it is already time to sell it and lock in a profit. Very many investors, seeing the success of one asset, begin to panic and look all over the market for similar projects to get an opportunity to earn as well as that successful project. This does not happen because to be successful, it is not enough to be like any other project.
Every project is unique, and success is not guaranteed. Instead of chasing trends, focus on building a diversified portfolio with a long-term perspective and a solid understanding of the underlying assets. You are absolutely right. FOMO, or fear of missing out, is a common phenomenon in the investment world, particularly in the fast-moving cryptocurrency market. When investors see the value of a particular asset skyrocket, it's easy to feel pressure to jump in and invest quickly, even if the asset is overpriced or the market is experiencing a bubble.
The story of Damien Slash missing his chance to become a billionaire with the SHIBA INU meme coin is a perfect example of this. It's easy to look back and think “what ifs”, but it's important to remember that hindsight is always backwards and Investing in cryptocurrencies can be a rollercoaster ride, with ups and downs that can leave an investor feeling both excited and discouraged.
Yes, it is very important to stay and not go against the mainstream and not allow temporary emotions to cloud we, I think is better
May 11, 2023, 11:53:06 PM
It happens all the time, I fear. Regarding the uncertainty and volatility aspects of cryptocurrency, it is unbelievably difficult to predict the direction of the price. except you're in that circle of whales that could control the direction. This has happened many times for me too, until I thought maybe I was the sacrifice of the market. It's because when I buy, the price goes down, and vice versa, when I sell, the price goes up. Really frustrating at this point. I think I'm not good with short-term trading, and now I always just buy and sell at the lowest and highest, aka long-term holders. I just hold the tokens and leave them until the big news comes.
May 11, 2023, 11:23:11 PM
I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.
If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.
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