Investors of shitcoin like this knew the risk they are entering. It’s not that they dumb enough to fall for this shitcoins rather they are aiming for the potential quick gain since token like this is highly volatile.
Imagine this, they will toss away 100$ or less then wait if the token will grow. Once they are lucky they might experience x100 or more while their max loss is just 100$. Its a high risk high reward game which people is willing to risk for massive gain.
Topic: Trends like PNUT will eventually die - page 3. (Read 342 times)
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Why is it hard for most investors to understand that trends like PNUT are temporary ? That is why the coins like PNUT can never sustain at those levels.
As an investor if you are investing for long time, it will result in big loss always. My question is that if all this is so obvious why do most of the people get crazy with coins like these ? This coin has reached market cap in billion in few days. Something that other solid crypto coins achieved in years. What is the reason for huge craze for these coins when long term result is very clear already ?
As an investor if you are investing for long time, it will result in big loss always. My question is that if all this is so obvious why do most of the people get crazy with coins like these ? This coin has reached market cap in billion in few days. Something that other solid crypto coins achieved in years. What is the reason for huge craze for these coins when long term result is very clear already ?
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