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Topic: Not everyone get dumped on by Trump coin, some made furtun (Read 199 times)

legendary
Activity: 3108
Merit: 1199
This is the lowest kind of defending point, and republicans will go miles to defend whenever Trump does something shady. That's how politics work over there in the USA, your side could do the worst thing possible, and they will figure out a way to defend it, and other side could do something good and they will figure out a way to make that sound bad.

Trump took money, it is simple as that, it is a legal way, he didn't force anyone to buy it, he just made a shitcoin and took peoples money, and people were glad to give him money, so there is no scam at all, it's unethical, immoral, but not illegal at all, and not like anything happens to him if he ever does anything illegal as we all know. So, we just have to accept Americans are a bit like that...
This is the way politics working in todays world, which is the exact reason why we are getting much worse right now. Maybe it was also the situation back in the day before I was born, but I can testify that in the last 20 years, it has gotten worse and people have started to accept much worse from people.

I warned people that this coin was a scam, but their defense was always "you trump haters are always against him" and of course.. it turned out to be a scam, he just sold some shitcoin to people and made god knows how much money from it, and nobody cared. The problem is that, not everyone how tries to help you not get scammed has to be a hater, we could be actually sharing our own opinions of the situation without bias.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
it's as usual, like any other meme coin, the early bird or insider get to make the most while people who FOMO get to lose their money, the game always like that.
it's just that this time around the meme is being backed by influential figure.

also, the people who made fortune were avid meme speculator, nobody believed trump releasing coin back then and thought that his account hacked, turn out it was real deal.
In somewhere like 2015 i learned that the whole idea of low effort coins were to get in early, and dumping that bag before it's too late. Bag holders were considered to be a joke, even though some of the altcoin holders benefited. Still Most of the altcoins had a lifespan, and exiting from them with some profit was a smart thing to do.

For a long time i thought that it was unspoken contract and everyone understood, that people shilling coins were basically shilling their own bags, because they needed to get rid of them with profit. Why people would believe that shillers wanted to help them by shilling their garbage is beyond me.

But just to be clear about my point: anyone shilling trump coin right now is doing that, because they are desperate and want people to buy it up. Not because they believe it would go up.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
it's as usual, like any other meme coin, the early bird or insider get to make the most while people who FOMO get to lose their money, the game always like that.
it's just that this time around the meme is being backed by influential figure.

also, the people who made fortune were avid meme speculator, nobody believed trump releasing coin back then and thought that his account hacked, turn out it was real deal.
?
Activity: -
Merit: -
As someone who has watched crypto for a decade, I'm still just in disbelief that the President of the USA launched a shitcoin and freed Ross.

I admit I never would have predicted any of that.
legendary
Activity: 2814
Merit: 1128
Sure "some" people made some money off it, but not a lot of people and we should realize that it is not going to be that easy to get over this neither, we need to realize that this is going to take a while and we can't make that work all that easily.

This is of course not some simple situation, we can't really make that calculation on how many people made money, but more people lost money than people made it, that's the key here. I get that people like to just promote and support trump for whatever reason, but this one was just a pure pump and dump, and it got dumped and now it's a useless shitcoin. I know that many will hate the idea that trump has created a shitcoin officially, but it is just what it is, he took your money, accept it.
This is the lowest kind of defending point, and republicans will go miles to defend whenever Trump does something shady. That's how politics work over there in the USA, your side could do the worst thing possible, and they will figure out a way to defend it, and other side could do something good and they will figure out a way to make that sound bad.

Trump took money, it is simple as that, it is a legal way, he didn't force anyone to buy it, he just made a shitcoin and took peoples money, and people were glad to give him money, so there is no scam at all, it's unethical, immoral, but not illegal at all, and not like anything happens to him if he ever does anything illegal as we all know. So, we just have to accept Americans are a bit like that...
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
People that made fortune from that token are likely big investors just like the pictures you shared, those investors didn't just invest $100 or $1k,  they had invest more than $20k to millions of dollars and they could also be among the investors that saw the coins when it was still $0.18 before it started pumping to $25, up till $70.  I didn't even know there was Trump token not until it has already pumped pass $20.

Only a few retail investors would have purchased that coin as the price got to $20, because it only became popular after it has already pumped and so many investors doesn't bother to invest after such huge pump. No body knew that it was going to reach $70.
full member
Activity: 266
Merit: 133
I agree with you on the above statement and rumor already confirmed your point that those investors that made such profits are insiders investors that have access to information and probably family or team members, who are working on the project and know when the pumps and dump will happen, but small investors won't have such privilege information that the manipulators use to control the market and suck small investors of their investments, best to avoid memecions or just gamble with them, the coin will probably go down to zero if nothing is done and this current dump continues, it will be one of the biggest crypto scams in history if that happens.
Exactly, only the insider investors had information on when the coin would pump or dump. Imagine the amount they made - it's even in the thousands USDT . And the people that came for their coin, when it dumped, they didn't even make up to three thousand USDT. You could see the huge difference. So, the coin didn't favor the masses, it favored insiders.

The few people I know that traded on Trump Coin were on the losing side, because they didn't have insider information. They had high hopes that it was going to be so profitable since Trump won, but when it dumped, it came as a shock. Some are still believing it's going to pump again, but I doubt it, because insiders have made their profit. And it seems a lot of big sharks are more interested in investing Bitcoin now than in any other coin.  
legendary
Activity: 3780
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Sure "some" people made some money off it, but not a lot of people and we should realize that it is not going to be that easy to get over this neither, we need to realize that this is going to take a while and we can't make that work all that easily.

This is of course not some simple situation, we can't really make that calculation on how many people made money, but more people lost money than people made it, that's the key here. I get that people like to just promote and support trump for whatever reason, but this one was just a pure pump and dump, and it got dumped and now it's a useless shitcoin. I know that many will hate the idea that trump has created a shitcoin officially, but it is just what it is, he took your money, accept it.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
It’s very similar to HYIP schemes, those who get in early make the profits, while the latecomers bear the losses. What else can you expect? This is just a meme coin riding the Trump hype wave because of the newly appointed president. With all the hype, the coin is naturally overvalued, but as that hype fades, the price will inevitably start to dump.

The key here is simple: get in, get out fast. That’s how you play it if you’re jumping into something like this.

Regardless of the absolutely high earnings some people managed to get from this project of Trump, I still cannot call all this thing to be a serious investment. It rather seems to be some kind of gambling or pump and dump scheme, where there are surely people close to Trump who are holders ot thousands of those coins from the beginning (premined) and those who came to late are destined to lose their money for others to multiply theirs.
I have already talked to people in real life who have invested/gambled some money into Trump coin and at the time being they are at loss because of their choice. Thankfully they did not put too much money at risk, but it is still a contribution for whales and inside traders to double their money at the expense of the retailer trader/gambler, but think they are going to become rich by buying a shitcoin which does not do anything.

Political coins are almost at the same level of memecoins and most of them are shitcoins destined to get flatlined in their price, volume and market capitalization.
newbie
Activity: 1
Merit: 0
many people's made big profits in trump coin, because i see it's trading started at 6$ and within 48 hours it's hit 70$, so who peoples invested in the early they are real gainer in trump coin, who's invested at high price they are lost big, but many investors lost their money in melaina coin because mostly thought it was also increase big but it's not pump like that trump coin.

Right, I also follow the developments at that time and sometimes we feel too confident when we see the price of crypto with the big name of its bearer if at the beginning it seems good but if it has been corrected it is very difficult to return. the main key in investing as usual is never to put our money in just one pocket, break it into several coins so that our money will be safe if one of the coins is dumped or drops drastically.
I know of some people who made profits from it, they were not very early to catch the price at the listing price they bought a bit high but added few bucks to their profits, lucky for them they sold while still on profit. What are the rest people who bought do with the crypto they are holding when the price has fallen, should they sell or continue to hold and hope for the price to pump.
hero member
Activity: 2408
Merit: 584
It won't go to zero if Trump keeps talking about it. He may have one of these titles that made a few tens of millions of dollars. If Trump has investments in NFTs, tokens, he will definitely pump them back in, but in any case, it is a high-risk investment and the chance of making profits from it is low.
Exactly Trump will not allow his coin to hit zero and if he does they (people) will accuse him of scamming investors in cryptocurrency so if he supports and speaks on on any cryptocurrency, people will see as an hypocrisy and deceiver and to avoid that if o ly he understands the cryptocurrency community he will maintain the price not to hit zero. I still believe that $Trump will still rise again and at the moment it is $27 and when Trump settles down well and focus on Cryptocurrency, it will rise again and bitcoin also rise again.
Trump is on the administration right now and not on the cryptocurrency. But within his 100 days in office many things will change. But many people have gotten disappointed because they thought Cryptocurrencies will rise massively after the swearing in of Trump but opposite at the moment.
There is no doubt things will never been like this coin will go down badly or have price which is brought this coins reputation near shit because things never work like this now it's good time for Trump to make more money and also have good reputation in crypto world if he is going to do anything which will hurt his reputation is surely big blunder.

Elon Musk is beside him who already have huge profit from this community, so now Trump can also enjoy this even though I am not sure this coin will jump again at good price because already they are had enough profit which they were looking for but this is going to be good experience for them. Cryptocurrency is now ocean where anyone can take his share just needed to avoid greediness and jump with solid strategy because this is the best way of having good fortune and also enjoy huge profits.
legendary
Activity: 3080
Merit: 1500
many people's made big profits in trump coin, because i see it's trading started at 6$ and within 48 hours it's hit 70$, so who peoples invested in the early they are real gainer in trump coin, who's invested at high price they are lost big, but many investors lost their money in melaina coin because mostly thought it was also increase big but it's not pump like that trump coin.

That's the usual pattern for any meme coins. Those who get in early, usually make a big gain and when they leave, the price crashes. I have seen similar patterns in majority of the memecoins.

That's why these coins are highly risky and one should not invest any such amount which he/she can't afford to loose. Just like ICOs time, the market is filled with many dead meme coins which has no buyer in the market. It's a gambling!
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
many people's made big profits in trump coin, because i see it's trading started at 6$ and within 48 hours it's hit 70$, so who peoples invested in the early they are real gainer in trump coin, who's invested at high price they are lost big, but many investors lost their money in melaina coin because mostly thought it was also increase big but it's not pump like that trump coin.

Right, I also follow the developments at that time and sometimes we feel too confident when we see the price of crypto with the big name of its bearer if at the beginning it seems good but if it has been corrected it is very difficult to return. the main key in investing as usual is never to put our money in just one pocket, break it into several coins so that our money will be safe if one of the coins is dumped or drops drastically.
hero member
Activity: 1134
Merit: 528
Leading Crypto Sports Betting & Casino Platform
The $trump memecoin like any other altcoins have always had losers and gainers and more often than not the gainers has regularly been on the extreme low to the losers. People knew that the $trump coin was a memecoin which can dump at any given time but got blinded by the glorification of the market hype on the coin with the US President involvement.

We could call it a scam or anything related but on another hand people got too greedy that they couldn't stop to have a rethink by still going on buying a memecoin even when it's at its peak and never expected a dump. How stupid. What I am wondering about the set of gainers is that the highest % are investors in millions.
Yeah greed is mostly the driving factor to loser decisions being blinded by hypes and thinking that the price of the coin will continue to rise, some went into the coin when the price was already around $55 and above thought the telecaster movement to $150 to $200, I have a friend that bought Trump coin at the rate of $26 and the price went up to $70 I told him to sell it, he said he was targeting $125 above before he sells, unfortunately for him, the coin never get to that level before it starts dumping and he is still holding up til now he should be at lose by now.
hero member
Activity: 980
Merit: 621
Leading Crypto Sports Betting & Casino Platform
The $trump memecoin like any other altcoins have always had losers and gainers and more often than not the gainers has regularly been on the extreme low to the losers. People knew that the $trump coin was a memecoin which can dump at any given time but got blinded by the glorification of the market hype on the coin with the US President involvement.

We could call it a scam or anything related but on another hand people got too greedy that they couldn't stop to have a rethink by still going on buying a memecoin even when it's at its peak and never expected a dump. How stupid. What I am wondering about the set of gainers is that the highest % are investors in millions.
hero member
Activity: 1218
Merit: 563
🇵🇭
It’s obvious that there’s still someone manage to take profit from retail traders aside from insider and trump team since there’s a lot of room to trade this token before it went downtrend from ATH.

What’s important to consider is the amount of money enter from multiple address and collected all those lis liquidity by few address which shows many contributes to the success and profit of those winner trader.

This is a classic scam from ponzi or hyip.
hero member
Activity: 1134
Merit: 528
Leading Crypto Sports Betting & Casino Platform
but small investors won't have such privilege information that the manipulators use to control the market and suck small investors of their investments, best to avoid memecions or just gamble with them, the coin will probably go down to zero if nothing is done and this current dump continues, it will be one of the biggest crypto scams in history if that happens.
It won't go to zero if Trump keeps talking about it. He may have one of these titles that made a few tens of millions of dollars. If Trump has investments in NFTs, tokens, he will definitely pump them back in, but in any case, it is a high-risk investment and the chance of making profits from it is low.
this is part of the issue that comes with these sort of coin that only remains relevant because of a single public figure. everything revolves around him and even if he reinvent in the coin and it pumps back, the agenda is already clear and that is clearly that he will still pump it only to take out profit which will still cause it to drop and how long can this circle continue? regardless of the personality of trump, pump and dump project or anything that looks like it is a very risky thing to invest into. the ones the OP picked out and the majority of those that made profit out of these are just those that are either early invested that are likely insiders of the accounts might just be somehow related to trump. the majority of investors that invested with smaller amount are currently in loss due to the DIP.

The bigger question I have been looking at in the coin is whether to prove that Trump himself holds 80% of the total coin and if he has sold any from his coin if he doesn't that means there may be a possibility of the future pump, but if he had sold some fraction from his coins it means this coin may be heading to exits scam which likely going extremely low and never recover to the price most people bought it in the next two to three years to come and that means Trump influence on the coin is already expiring since in three years he will be left with just one year as the United States president.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
There will be no zero value there and we are still in bull season at this time. It just seems like more people are investing in the Trump coin meme.

But even so, if you are the type who knows you can get more profit at a lower price, it is good to invest in Melania compared
to Trump because the ROI is higher in Melania literally speaking.
full member
Activity: 518
Merit: 227
but small investors won't have such privilege information that the manipulators use to control the market and suck small investors of their investments, best to avoid memecions or just gamble with them, the coin will probably go down to zero if nothing is done and this current dump continues, it will be one of the biggest crypto scams in history if that happens.
It won't go to zero if Trump keeps talking about it. He may have one of these titles that made a few tens of millions of dollars. If Trump has investments in NFTs, tokens, he will definitely pump them back in, but in any case, it is a high-risk investment and the chance of making profits from it is low.
this is part of the issue that comes with these sort of coin that only remains relevant because of a single public figure. everything revolves around him and even if he reinvent in the coin and it pumps back, the agenda is already clear and that is clearly that he will still pump it only to take out profit which will still cause it to drop and how long can this circle continue? regardless of the personality of trump, pump and dump project or anything that looks like it is a very risky thing to invest into. the ones the OP picked out and the majority of those that made profit out of these are just those that are either early invested that are likely insiders of the accounts might just be somehow related to trump. the majority of investors that invested with smaller amount are currently in loss due to the DIP.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Those who farmed a bunch of money from Trump were sniper. They bought at the first second after Trump's contract published. Majority of them used telebot, and got the right momentum.

There's always be a winner and looser. This is a usual thing in the crypto. They got millions of USD, while retail and small traders who dumb enough to buy at peak price got rekt.

That's why FOMOing the token when it's already pumped so hard is stupidest decision.
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