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Topic: Why you need to have spare USDT in this bullrun. - page 3. (Read 619 times)

sr. member
Activity: 1442
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
Well, it's not like everyday you can invest in some coin that you know is going to do well and an altcoin at that, you also said that this could be a rugpull but you just did it anyway which means that it also takes some grit and nerves to sacrifice an amount of money to invest in any of them because of the uncertainty that they're going to make you money, that's how I see it though. I hope that newbies won't see it as an inspiration to blindly invest in crypto that they know nothing about because in doing so, they'd probably end up getting the short end of the stick, OP is a different investor and what could work for OP wouldn't work for you, you can only hope for the the best when you're investing. I can agree with the title though, you always need to consider that some altcoins might not yet be catching up with the current hype and so when there's an opportunity to buy them at a lower price and you know that they'll be going up anytime soon, it doesn't hurt that you've got a spare money to spend on that.
hero member
Activity: 2702
Merit: 704
Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
You are one of the fortunate ones who struck gold with a meme coin like the gecko inu you bought. However, such success doesn't always come around. In my opinion, the ideal time to have usdt or stable coins is during a bear market, as that's when you can purchase cryptocurrencies at lower prices. But because your strategy involves profiting from meme coins, it's indeed wise to always have usdt on hand to seize opportunities when the meme coins you're eyeing become available. However, I must reiterate that not every instance will be as fortunate as your gecko inu purchase, so caution is still necessary.
Once a person has tasted that kind of success, it is improbable they can give it up, so it is likely the OP and other people like them will try their luck with other meme coins, hoping to get the same results with other coins.

But unless they really understand what they are doing and the incredibly tight window that exist to take advantage of those coins, then they will lose all the profits they got and their remaining capital, an outcome which should not surprise anyone as most investors in meme coins end up that way.
full member
Activity: 98
Merit: 55
Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

Well I'm happy you made profits but let's draw a line between what is investment and gambling, memecoins are a clear gamble cause firstly they have no real world utility, mostly pump and dump ponzi schemes, only do well in the bull run, and have shady backgounds, memecoims are shit coins and there are not considerd asset cause they don't have any intrinsic value so yeah you got paid but that's a gamble, the only crypto that we should invest In is bitcoin then if you cant control it try Ethereum .
full member
Activity: 1365
Merit: 107
Sugars.zone | DatingFi - Earn for Posting
Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
You are one of the fortunate ones who struck gold with a meme coin like the gecko inu you bought. However, such success doesn't always come around. In my opinion, the ideal time to have usdt or stable coins is during a bear market, as that's when you can purchase cryptocurrencies at lower prices. But because your strategy involves profiting from meme coins, it's indeed wise to always have usdt on hand to seize opportunities when the meme coins you're eyeing become available. However, I must reiterate that not every instance will be as fortunate as your gecko inu purchase, so caution is still necessary.
full member
Activity: 644
Merit: 155
Eloncoin.org - Mars, here we come!
buying coins when the price is still very low is great for making great profits. especially buying meme coins which are very volatile. even investors of meme coins can make profits in just a short time.

considering this is a meme coin, it's a good idea to only set aside 10-20% of our finances, or less than that. because this coin really depends on hype. When the hype doesn't happen to it, of course it will only make us invest in places that are not developing, or could even result in losses there.
Investors and traders are enabling gigantic profits in the system. The hype is here, we just have to make crucial decisions because making huge important moves in the market doesn't appear to be straight. The losses made are insignificant only when we don't follow the relevant paths. Memecoins are numerous in the market, we have selected options to make because milking the system do required tremendous techniques. It's always a good reason to spare significant USDT in our wallets because the bull run comes as a surprise.
It's true that there are a lot of memecoins on the market, and new coins keep appearing. if you don't sort it out well, you will only get losses. and there are many stories that tell of themselves having suffered huge losses from trading on memecoins. even a few days today is trending a trader who lost tens of billions because he bought several memecoins on the solana network because of the hype.
member
Activity: 378
Merit: 76
Eloncoin.org - Mars, here we come!
buying coins when the price is still very low is great for making great profits. especially buying meme coins which are very volatile. even investors of meme coins can make profits in just a short time.

considering this is a meme coin, it's a good idea to only set aside 10-20% of our finances, or less than that. because this coin really depends on hype. When the hype doesn't happen to it, of course it will only make us invest in places that are not developing, or could even result in losses there.
Investors and traders are enabling gigantic profits in the system. The hype is here, we just have to make crucial decisions because making huge important moves in the market doesn't appear to be straight. The losses made are insignificant only when we don't follow the relevant paths. Memecoins are numerous in the market, we have selected options to make because milking the system do required tremendous techniques. It's always a good reason to spare significant USDT in our wallets because the bull run comes as a surprise.
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
It's true that we have to set aside our money to invest in this bull run because this opportunity only comes once every 4 years, maybe once a generation because the cycle times are very different, so maximize the bull run to get lots of profits in this bull run.
legendary
Activity: 3234
Merit: 2420
Cash is crap but people often forget that cash is also a position which comes handy every once in a while. Take a look at Warren Buffett’s portfolio. He holds lots of cash. It is because he knows that he needs some dry powder when an opportunity shows up. Cash is a great asset if you understand its strengths and weaknesses. If you hodl no cash, you can’t buy them sweet dips. It is probably a good idea to hodl 10-20% cash in a porfolio. I don’t recommend more.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
Not only for this reason but a trader should have some USDT as spare for any market conditions because you never know when the market might take a plunge and if you have spare USDT in such situations, you can be able to buy more cryptocurrencies at cheap prices and then sell them when the market recovers, that's how day traders earn a profit, they always have some liquid assets available at the disposal for such situations.

Talking about meme coins, they are a gamble, you invest a few dollars, you might get a good reward on that just like hitting a jackpot, but you should also know that you might not get your few dollars back sometimes in case the project fails to attract a large amount of investors.
sr. member
Activity: 1624
Merit: 292
Eloncoin.org - Mars, here we come!
The way the OP mentioned is a personal case, so the topic of project room money in investing is always very important and needs to be kept in mind.

But what confuses the OP, is that the whole memecoin approach is probably just using FOMO on shortterm trends and rotating capital flows around projects. If you are taking this action, please reconsider because it is a risk because even if you still have capital, losing control of FOMO will only bring temporary joy in the short term. If it is preparing for price adjustment events in recent days, it is always recommended to hold 10% stablecoin during this period to be able to "buy DIP".
full member
Activity: 644
Merit: 155
Eloncoin.org - Mars, here we come!
buying coins when the price is still very low is great for making great profits. especially buying meme coins which are very volatile. even investors of meme coins can make profits in just a short time.

considering this is a meme coin, it's a good idea to only set aside 10-20% of our finances, or less than that. because this coin really depends on hype. When the hype doesn't happen to it, of course it will only make us invest in places that are not developing, or could even result in losses there.
In my opinion, it shouldn't be 10-20% of one's finances. After removing the money for investment from our income,. From the investment money, we can invest 30% in memecoin and 20% in other altcoins. We all know that the remaining 50% should be allocated to bitcoin. The 30% memecoin, based on hype, would yield a good profit in a short while, and we can now diversify our portfolio with various memecoins. Note that these are risks because i have tried investing in so many altcoins at once based on the profit i made from one. Then i lost everything when they dumped, but now they have recovered.
I'm happy to hear that, and I think it's right if you allocate more to Bitcoin. because the only investment that lasts is there. with good fundamentals and a very solid community.
You can actually just put 20% in memecoin, while 30% in ETH and between the top 2 altcoins. That way, when you experience a loss in Memecoin, it can still be handled by your assets in Bitcoin and Altcoin.
member
Activity: 392
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
It may be better to keep USDT separate as the market is in ups and downs so it will be easier to hold even if the value of a good currency falls. Having a backup can easily solve the problem. But the projects that you mentioned about investing in these projects do not see much demand in the market so it is better not to focus on investing in these currencies at the initial stage. There are many good projects proceed with caution.
hero member
Activity: 2968
Merit: 600
Eloncoin.org - Mars, here we come!
There was a time before 2021 when everyone was heavily investing projects that had utility. After 2021 things have changed a lot where meme coins that doesn't have any utility is preferred investment. In the current market these coins have given more than 10 x returns in a single day. I haven't seen such craze back in 2021 like now on these coins. A lot of new meme coins are now using Solana blockchain due to less fee and most of them are making big waves. As an investor if anyone wants to grab this opportunity then you will need to have USDT parked on an exchange to buy them before a big listing.
I remember that, we've been telling everyone to invest with projects that has real use cases and utilities. Nowadays, it is no longer a thing and I guess that the meme coins community have won this for 2 bull run cycles already and it's possible that they can keep on moving forward for the next cycles that are coming. But with this market's nature, we don't know if they're going to be reigning continuously because the trend changes and as well as people's minds.
legendary
Activity: 2086
Merit: 1058
Binance listing BOME in there derivative market is a big plus to the token so there is still a lot to expect from the token in the future. Though the price is retracing after the bullish move. Unfortunately, I didn't buy it when it was listed on Bitget. A couple of my friends who got in early made easy 7× of their investment.
Yes more are still coming to be listed but that doesn't guaranteed to be legit there are some those listing are contracted and once the contract end Binance will still delist them so so that is not a guarantee to invest in a meme coins. Though most of them do well but we have to be careful with the altcoins because they number of altcoins that are coming to the ecosystem is getting out of hand.. every developer is interested to create one or more shitcoins and launched it with some capitals and we don't know what will happen to these altcoins in the future.

As it is increasing day and night scammers are also on it to devour some victims therefore invest wisely. And any coin listed by any of the major exchange is a plus to that coin because investors can sell their coins there and more people will invest in it.
The scammers part is the most important part because if you are not careful, no matter what you are hodling, you could lose all of your money. I understand that sometimes it feels like it is exactly what you should do, but USDT is not a must, it is a must to avoid scammers. I would guess that when you are not careful then you are going to end up with a lot of money gone and you would not know what to do. One part about crypto world is that there is no revert option, so if you make one mistake then you are going to end up losing everything.

I hope that people could realize what we can do with it, and if we can do this then it is going to be something that will be a lot more special, it should be something special to take care of it all, and USDT is irrelevant in that case.
full member
Activity: 168
Merit: 109
buying coins when the price is still very low is great for making great profits. especially buying meme coins which are very volatile. even investors of meme coins can make profits in just a short time.

considering this is a meme coin, it's a good idea to only set aside 10-20% of our finances, or less than that. because this coin really depends on hype. When the hype doesn't happen to it, of course it will only make us invest in places that are not developing, or could even result in losses there.
In my opinion, it shouldn't be 10-20% of one's finances. After removing the money for investment from our income,. From the investment money, we can invest 30% in memecoin and 20% in other altcoins. We all know that the remaining 50% should be allocated to bitcoin. The 30% memecoin, based on hype, would yield a good profit in a short while, and we can now diversify our portfolio with various memecoins. Note that these are risks because i have tried investing in so many altcoins at once based on the profit i made from one. Then i lost everything when they dumped, but now they have recovered.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!

don't get too comfortable in being an early investor in a new project such as memecoin. by the time you are used to not expecting a rug pull and you invest so big because you think this is another profitable investment, you might be wrecked in the ass.
Memecoin nowadays specially those new project are mostly being used as pump
and dump so better that you know where and when to invest and sell out.

Quote
it's the times like this correction, that spare USDT will be useful before the coins are cheaper. you can either choose the popular memecoin or the altcoin that you have been wishing to have grabbed a bag. i did earn a few coins so I bought some KASPA.
is there any reason why focusing in Memecoins? aren't you planning in other
projects like layer 2 or AI projects? because nowadays they are best contender .
sr. member
Activity: 406
Merit: 262
Eloncoin.org - Mars, here we come!
There was a time before 2021 when everyone was heavily investing projects that had utility. After 2021 things have changed a lot where meme coins that doesn't have any utility is preferred investment. In the current market these coins have given more than 10 x returns in a single day. I haven't seen such craze back in 2021 like now on these coins. A lot of new meme coins are now using Solana blockchain due to less fee and most of them are making big waves. As an investor if anyone wants to grab this opportunity then you will need to have USDT parked on an exchange to buy them before a big listing.
full member
Activity: 644
Merit: 155
Eloncoin.org - Mars, here we come!
buying coins when the price is still very low is great for making great profits. especially buying meme coins which are very volatile. even investors of meme coins can make profits in just a short time.

considering this is a meme coin, it's a good idea to only set aside 10-20% of our finances, or less than that. because this coin really depends on hype. When the hype doesn't happen to it, of course it will only make us invest in places that are not developing, or could even result in losses there.
hero member
Activity: 2758
Merit: 522
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its good to have some spare USDT that you can afford to lose just for the sake of investing in meme coin hoping it would become something big indeed but you should bold the calculated risk word here indeed it requires calculation otherwise if we go all in we'd be broke.
I mean in solana there are so many meme coin being introduced and there are many people that are willing to invest, as the saying goes, people always throw money into the most random project ever in bullrun.
that shit project that everyone ignore in bearish will become a project that grows its market cap significantly, same thing with these meme coin craze, silver lining is that only use money you can afford to lose.
after all so many time people are buying meme coin at peak then finding themselves losing because they can't really understand the cycle of meme coin I mean the whole thing is being called speculation for a reason, for those that know the ins and outs they're gonna be fine.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
This indicates the extreme greed of investors who invest in coins without real projects or well-known teams, all for the sake of quick riches driven by the hype of these coins generated by their communities.
The greed around this circle is going to be unparalleled. Not even the 2017/18 market circle can equate it. The level got to over 80% last week. As I type this, it's down to 77% and I know expectedly that it will push up as days draw near to halving.

Investors are cashing in on this opportunity and based on that scam developers are steadily going to the market with hype for their shit tokens. It's almost a given that any hyped project that lists now will definitely turn in a great ROI. Memes are now the order of the day as many see them as an easy way to flip their accounts. With all these going on, newbies should be careful not to buy into hyped projects without utility. They should just stick to Bitcoin, except they know how to swim in muddied water.
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