Topic: Why you need to have spare USDT in this bullrun. (Read 655 times)

Quote from: Bushdark on March 29, 2024, 12:48:24 PM

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.

I do believe that we should invest, but we should not set our money aside, because we should invest right away and not put any into USDT. I do not get people who want to keep their money at USDT during this period, because it doesn't make sense to me since it is not something that we could go with, it doesn't really benefit anyone.

If we keep considering that as the only option then we are going to end up with something that goes against everything we believe in. I believe that we are going to make something change, and for that to happen we need to end up doing as well as we can. We can't really end up making something bigger, but we need to focus on how we could get better with it overtime, that's the most important part.

I agree with this, making some money from this should be the most important thing, and if we do well enough then we are going to end up with a good return. I get that people are not always too happy with what they have, and sometimes it looks like it is going to change a lot and have some results that are not profitable or looking good, but as long as you keep n investing you should be fine. I get that some people just want to prefer USDT and just hold and wait until everything looks great, but that's just not how it works at all.

We need to just invest as quickly as possible when we get some money, that will definitely make us do a lot better. This should be the way to make money and not really worried about it.

Bitstar_coin

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Having spare stablecoins at all time is very necessary because you never know when that awesome project will appear and you don't have any stablecoin to invest. It is something I have come to realise this past years. Not all your funds should be invested.
And most opportunities comes in the bull market where almost every project hitting new ath, investors be looking for funds to take advantage.

jrrsparkles

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Investing in a new project is just a gamble, it's good that the project you invested started growing after a month but in most cases it won't go as expected that's when you need to bring the calculated risk strategy which will help to minimise the loss for that you may have to decide whether it's worth holding or swap with another project or just let it as USDT or any crypto that can be liquidated.

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Quote from: kentrolla on March 27, 2024, 02:04:15 PM

It's safe and a good strategy to have some stable coins as it will help you to invest at the right moment without losing the momentum and since you have shared some of the memecoins let's say there is a memecoin it's going on rally and without stablecoin if you have to exchange the fiat and then buy it you may miss out the opportunity as you know memecoin can change it's course anytime hence it's all about the right timing. But my advise would be take calculated risk with ne projects especially memecoins and as a spot trader it's mandatory to have some spare stablecoins.

This is a sharp strategy that could help us to make fast profits from the market especially when we are holding on exchange.
The USDT can be used to swap to any coin we want to buy and hold to make the maximum profit we are interested in.
Since we are in the bull market, Making money is not going to be an hard thing again because the market is very volatile and we can keep getting profits from it without getting a job or working for a boss. Making free money is quite easy these days than ever.

Remember, just as it is easy to make money now, it is even easier to lose it as well, the coins on the market do not move on an uniform manner, so even during a bull run there are many coins that will move sideways or down, so if you think that you can invest in almost any coin and make money you are mistaken.

Because just as a bunch of projects will appear due to the bull run, many of those same projects will disappear just as quickly, and if you are unfortunate enough to invest in those coins, you could lose all your money before you can understand what it is what happened that caused you those losses.

Churchillvv

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As some one who's ready to make money at a y time he or she would always consider having an extra cash flow because there are times when emergency opportunity will raise and if one isn't prepared with extra cash flow then such opportunities will go as waste.

Perhaps in the crypto space one really need to have some extra stable coins in his or here reserve for opportunities like trading in spot market where new coins can be listed and grabbing this opportunity will not be a problem because one is prepared with an amount that is good enough for grabbing opportunities.

If one is interested in buying altcoins, then he ore she should have some usdt in his or her reserves in other to make use of opportunities like this just as you did and if not that you had extra cashflow you would have missed all the opportunity that came your way.

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Quote from: Makus on March 28, 2024, 03:10:30 AM

I personally don't like investing in altcoins, but for those who are into altcoin investment having some USDT is a vital thing you shouldn't miss out because even when you thing you've got the right coins in your portfolio, you might still end up seeing a different thing when the bull begins. There are some coins that even after making your search on coins, you might omit them for some reasons or you might not even got in touch with them, but as they start increasing, that when you start seeing that they are potential coins for investment.

I will also add that stablecoins, in particular USDT, provide greater flexibility in interaction between chains, which cannot be said about banal altcoins. But unfortunately, we still run up against the fees of the chain in which we use the stablecoin.

Bushdark

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Quote from: kentrolla on March 27, 2024, 02:04:15 PM

It's safe and a good strategy to have some stable coins as it will help you to invest at the right moment without losing the momentum and since you have shared some of the memecoins let's say there is a memecoin it's going on rally and without stablecoin if you have to exchange the fiat and then buy it you may miss out the opportunity as you know memecoin can change it's course anytime hence it's all about the right timing. But my advise would be take calculated risk with ne projects especially memecoins and as a spot trader it's mandatory to have some spare stablecoins.

This is a sharp strategy that could help us to make fast profits from the market especially when we are holding on exchange.
The USDT can be used to swap to any coin we want to buy and hold to make the maximum profit we are interested in.
Since we are in the bull market, Making money is not going to be an hard thing again because the market is very volatile and we can keep getting profits from it without getting a job or working for a boss. Making free money is quite easy these days than ever.

Sophokles

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Quote from: noqqx265 on March 28, 2024, 08:57:31 PM

I really hope that there will be friends like this who can introduce me to new potential altcoins. The risk of meme is too high, and in many cases it cannot be held for a long time, and it is necessary to leave the market if there is 7X profit.

This is true not only for meme coin but for most of the altcoin. When new concept failed to solve any newly occurring problem, the developer came with new concept and new project instead of developing and marketing the old one. Retail investors also chase these project for quick profit and this cycle continues. For the meme project, someone needs to be extremely careful, and it can cause a bigger problem with the possibilities of rug pulls. So If you are investing in a meme project, do it for the short term and only in the top project with the most liquidity.

noqqx265

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I really hope that there will be friends like this who can introduce me to new potential altcoins. The risk of meme is too high, and in many cases it cannot be held for a long time, and it is necessary to leave the market if there is 7X profit.

Makus

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I personally don't like investing in altcoins, but for those who are into altcoin investment having some USDT is a vital thing you shouldn't miss out because even when you thing you've got the right coins in your portfolio, you might still end up seeing a different thing when the bull begins. There are some coins that even after making your search on coins, you might omit them for some reasons or you might not even got in touch with them, but as they start increasing, that when you start seeing that they are potential coins for investment.

Tmoonz

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Yes it is true that some time being a part of early stage of some projects can be very profitable such that before they could think manipulating the system you must have gotten a lot profits while others will be waiting for the project to become more old in the market and probably get cut up along the line, but I believe that wouldn't be the case of bome.

goaldigger

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Quote from: mich on March 26, 2024, 11:21:57 PM

I do hodl some stable coins but it is not because we are in this 'bull run'. Your friend did give you that advice to buy a meme coin and that is good for you it turned o profits.
But we can buy tokens for other projects with other crypto. It does not just need to by usdt.
I do not invest in alot of new project now. But I like to have some fiat if there is something new I think will give big profits.

Holding stable coins should serve its purpose and I also hold some just in case I need to invest on a good project.
If you are going to invest with the meme token make sure you are ready for the risk, yes there is a hype right now but not all deserve to invest with. Use your stablecoin to protect its value and invest if there’s another opportunity, perfect timing is the key if you are into good profits.

kentrolla

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It's safe and a good strategy to have some stable coins as it will help you to invest at the right moment without losing the momentum and since you have shared some of the memecoins let's say there is a memecoin it's going on rally and without stablecoin if you have to exchange the fiat and then buy it you may miss out the opportunity as you know memecoin can change it's course anytime hence it's all about the right timing. But my advise would be take calculated risk with ne projects especially memecoins and as a spot trader it's mandatory to have some spare stablecoins.

lienfaye

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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, there's nothing wrong if you would like to save USDT to invest in new coins that might be a hidden gem. As long as you're aware of the risk and fine regardless of the outcome. But often, majority of new coins are scam and investing is a waste of money. One of the reason why many investors are afraid to take risk and still prefer the established ones since it's already proven to be less risky.

Anyway, we have different strategies. Therefore, if you think doing this can maximize your profit so be it. Just don't forget to dig deeper so you won't end up in a scam coin.

mich

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I do hodl some stable coins but it is not because we are in this 'bull run'. Your friend did give you that advice to buy a meme coin and that is good for you it turned o profits.
But we can buy tokens for other projects with other crypto. It does not just need to by usdt.
I do not invest in alot of new project now. But I like to have some fiat if there is something new I think will give big profits.

evichi

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As you already mentioned, it is important to take calculated risks when investing, more so when you are investing on meme coins and altcoins in general. Quite a number of meme coins are taking advantage of the bull run to launch tokens, but I advise to be cautious especially if you intent to invest bigger money. Meme coins are known to grow in value due to hype. Such growth is usually not sustainable, as a result have the potential to loose value when the hype is over. In my opinion it is better to avoid meme coins for long term investments, rather invest in Bitcoin or Ethereum, just suggesting. If you insist on investing in meme coins, ensure you invest what you can afford to loose, and carry out detailed research before investing. Yes you need to have your USDT ready for timely purchase of your preferred token.

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Quote from: Belarge on March 26, 2024, 05:41:17 PM

Quote from: kamvreto on March 24, 2024, 04:54:27 PM

It would be great to have USDT reserves now. start buying gradually when prices start to fall and it will be a pretty good investment. I also do management and hold spare cash to buy in stages when the crypto market crashes. The next bullrun will arrive soon so you have to buy some assets to hold until the next bullrun arrives. Buying assets such as Bitcoin and ETH is recommended.

We should be having our mindset ready for the next bullrun which will coming days, I don't mind missing out on my wor schedules because this is lifetime opportunity. Bitcoin and Ethereum moves in the same way. We should have spare USDT because they're necessary, in case where we need gas fees for crypto transactions, our spare USDT will do the worm. We keep our plans ready for next bull run, I know it's not going to be easy an one but grabbing solid entries will motivate one to reach key phases.

Having spare USDT will be nice but the temptation of using it wrongly will be there. Either on the wrong coins or before the bull run comes. In no doubt, USDT is necessary to organise oneself towards the bullrun and it is more important to traders to safe their funds in terms of uncertainty.
The most important question is how to know promising projects to invest in this bull run.

Belarge

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Quote from: kamvreto on March 24, 2024, 04:54:27 PM

It would be great to have USDT reserves now. start buying gradually when prices start to fall and it will be a pretty good investment. I also do management and hold spare cash to buy in stages when the crypto market crashes. The next bullrun will arrive soon so you have to buy some assets to hold until the next bullrun arrives. Buying assets such as Bitcoin and ETH is recommended.

We should be having our mindset ready for the next bullrun which will coming days, I don't mind missing out on my wor schedules because this is lifetime opportunity. Bitcoin and Ethereum moves in the same way. We should have spare USDT because they're necessary, in case where we need gas fees for crypto transactions, our spare USDT will do the worm. We keep our plans ready for next bull run, I know it's not going to be easy an one but grabbing solid entries will motivate one to reach key phases.

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Quote from: electronicash on March 26, 2024, 02:27:56 PM

Quote from: f71nyJ on March 26, 2024, 10:15:45 AM

Quote from: electronicash on March 25, 2024, 01:56:03 PM

Quote from: f71nyJ on March 26, 2024, 10:15:45 AM

I usually do ZSD on the side after taking profits. I only go to USDT when I really need to. Can't let Uncle Sam know that I made $$$ off of crypto.

once you cash out and your wallet is identified by one exchange then it's no use hiding from your Uncle. surrender and pledge your soul. Roll Eyes

any activity can't escape the eyes of Sauron.

USDT is still useful when you are trading all the time and you will trade because it's always profitable when you see the price is already about to dive, you will not forgive yourself when you resist converting to usdt.

I don't use exchanges that require any info & only cash out in privacy coins (ZSD, Zephyr, XMR). That's why my Uncle hates them because it makes me invisible & precious. Tether is extremely useful when swapping around inside an exchange. Especially when a coin hits an ATH and I want to sit on the sidelines to see if it drops so I can buy back in.

how is the money sent to you?
p2p as far as i know makes you visible to them when the funds are sent to your bank account. i'm curious to know how if i have some usdt on the exchange and i don't wanna use the exchange p2p, how do i do it?

my country supports fiat wallets but this also can be linked to crypto exchanges where we sell these coins. and the part where we can't escape doing this is that exchanges are soon going to be banned.

There are many ways to cash out. p2p like localmonero. Prepaid credit card. Use the crypto to purchase items or services. Or just get a hardware wallet and keep it as USDT. I don't really think banks or fiat are really that necessary. Most people just use it because it's convenient...but there's always Sauron <(|)>

electronicash

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Quote from: electronicash on March 25, 2024, 01:56:03 PM

Quote from: electronicash on March 25, 2024, 01:56:03 PM

I usually do ZSD on the side after taking profits. I only go to USDT when I really need to. Can't let Uncle Sam know that I made $$$ off of crypto.

once you cash out and your wallet is identified by one exchange then it's no use hiding from your Uncle. surrender and pledge your soul. Roll Eyes

any activity can't escape the eyes of Sauron.

USDT is still useful when you are trading all the time and you will trade because it's always profitable when you see the price is already about to dive, you will not forgive yourself when you resist converting to usdt.

I don't use exchanges that require any info & only cash out in privacy coins (ZSD, Zephyr, XMR). That's why my Uncle hates them because it makes me invisible & precious. Tether is extremely useful when swapping around inside an exchange. Especially when a coin hits an ATH and I want to sit on the sidelines to see if it drops so I can buy back in.

how is the money sent to you?
p2p as far as i know makes you visible to them when the funds are sent to your bank account. i'm curious to know how if i have some usdt on the exchange and i don't wanna use the exchange p2p, how do i do it?

my country supports fiat wallets but this also can be linked to crypto exchanges where we sell these coins. and the part where we can't escape doing this is that exchanges are soon going to be banned.

f71nyJ

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I usually do ZSD on the side after taking profits. I only go to USDT when I really need to. Can't let Uncle Sam know that I made $$$ off of crypto.

once you cash out and your wallet is identified by one exchange then it's no use hiding from your Uncle. surrender and pledge your soul. Roll Eyes

any activity can't escape the eyes of Sauron.

USDT is still useful when you are trading all the time and you will trade because it's always profitable when you see the price is already about to dive, you will not forgive yourself when you resist converting to usdt.

I don't use exchanges that require any info & only cash out in privacy coins (ZSD, Zephyr, XMR). That's why my Uncle hates them because it makes me invisible & precious. Tether is extremely useful when swapping around inside an exchange. Especially when a coin hits an ATH and I want to sit on the sidelines to see if it drops so I can buy back in.

sana54210

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Quote from: LogitechMouse on March 25, 2024, 10:26:04 AM

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.

I do believe that we should invest, but we should not set our money aside, because we should invest right away and not put any into USDT. I do not get people who want to keep their money at USDT during this period, because it doesn't make sense to me since it is not something that we could go with, it doesn't really benefit anyone.

If we keep considering that as the only option then we are going to end up with something that goes against everything we believe in. I believe that we are going to make something change, and for that to happen we need to end up doing as well as we can. We can't really end up making something bigger, but we need to focus on how we could get better with it overtime, that's the most important part.

tygeade

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being an early bird on a particular project is very rewarding, but at the same time, it also has the highest risk of all the projects that you can invest your money with. Sure you can 5x or 10x your money investing into some new projects, but what are the chances of you getting that huge reward? Also, do you expect meme coins like BOME to pump up in price before it happened a few weeks ago? Can I also ask if you are watching a particular meme coin that has a low market cap currently, and has a potential to go up in price?

Spotting which coins will pump up in price before it happens is a hard thing to do, and there's a high chance that you might lose tons of money before getting a huge profit. TBH, I'm keeping some USDT currently, but not for the reason you shared. I'm keeping USDT because I believe that we will see a market correction after the halving event happens. Will I invest in new projects? No, but I will invest into lower market cap coins, possible those at below top 100 in terms of market cap.

Investing into meme coins especially those new ones aren't bad, but don't expect too much in terms of profit, and always be ready for the worst.

Even if the idea is to have some USDT in order to invest into something quickly when you see a good potential then it becomes something inevitable to do a bigger deal. So we should consider the fact that we need to end up buying something that may actually go up, but why would we wait at USDT for that? What's wrong with waiting at bitcoin during that period?

If you really think that we could actually come up with something that will grow big, then we should probably consider holding bitcoin and when bitcoin goes up we profit and that's great, and in the end we are going to end up with a greater profit making mechanism. We could definitely see something growing bigger with time, and then we could sell our bitcoin and buy that project.

Wysi

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Quote from: albon on March 18, 2024, 03:24:04 PM

What is strange about this market trend is that the market cap of many meme coins has become more significant than that of solid projects interested in technology. You can check currencies such as BOME, PEPE, and FLOKI, which have achieved billions of dollars now.
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.

It is worth noting that there is great difficulty in being one of the first investors in these meme coins before they are listed on exchange platforms. After great luck, you are required to research Intense, and of course, the matter is not without great risk, as it is possible to easily fall victim to the RugPulls and lose your capital, as there are no guarantees. Indeed, whoever wants to take risks should hold stablecoins such as USDT or USDC to buy during sharp dips. It is a mistake to enter his capital at once at a certain price level.

I Completely agree with your point big Giants are Just making tons of money with this bloody Meme's, In every bullrun there are few meme coins which are targeted to pump literally they Increase the Market cap and they create the greed to retail Investors and they start to Jump in Running market I feel like they plan to temp the retail Investors to buy more well this cause a stir if the market drops eventually.

And yes I want to say something about this community members especially this network marketing guys, trust me even if this is a shit coin they will compare it with bitcoin and they will make you feel like you are Inching towards millionaires list. Hahahaha because I was one among those Grin

USDT OR USDC are they are like life savior its always good to have these in our basket. Holding stable asset is 1000 times better than holding high volatile coins. because this is the one which helps us to average our holdings and give us some good returns during the dip.

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Quote from: peter0425 on March 25, 2024, 09:50:47 PM

Quote from: Iamcrypticguy on March 16, 2024, 03:41:21 PM

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.

that is if we have enough capital to keep buying because we knew that many of us have already invested our money in this market so having spare will be hard to do , but good for all of us that in 4 years there is an opportunity to profit so invest and should have always spare USDT on hand.

i believe if someone has that plan in mind which is keeping enough USDT to invest, then they are probably already been doing so since when bitcoin was below $40,000 buying around all time high might a bit too risky of an investment for me personally but i also believe that some people are willing to invest right now because they are late and they still see potential with these tokens.
that is why even right now the trading volume is still as massive as ever or even increased, some people are still trying to invest in bitcoin, heck even the big fund investment companies are doing exactly the same thing it seemed that the dream of reaching $100k is not too far fetched in my opinion.
but i do agree that having spare USDT might do good like for example when the price dipping usually the recovery happens within short amount of time and thats good opportunity to buy and make profits.

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Quote from: TheVeteranAngel on March 16, 2024, 01:33:55 PM

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

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.

More like 8X. I think you should look at retracements and check the volume..rn the volume is exceptional on the platform you mentioned. so bid on retracements but use DCA...As always NFA .

Yes that too is one of the downside when your buying capacity is limited to the platform you are using. Most coins especially newly released ones were not listed on most exchanges. Not unless it's already done the initial pump, then it can get a chance to be enlisted to other platforms, that could also be a catalyst for another rally higher because of its availability.

Since you may entered on the top, then don't sell your position in a loss. Instead, DCA and wait for another rally especially right now that Alt season is not even started yet. Patience and research is the key.

peter0425

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

that is if we have enough capital to keep buying because we knew that many of us have already invested our money in this market so having spare will be hard to do , but good for all of us that in 4 years there is an opportunity to profit so invest and should have always spare USDT on hand.

GreatArkansas

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(....)
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.

I agree with this, I always have reserved stablecoins.
Some are also from other investments I already partially took profits from or already exited then converted to stablecoin and reserved for the next entry, it is just rotating my funds.
But some of my stablecoins are already converted to fiat just for taking profits purpose.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

Did you considered what would had happened if the money you invested into the memecoins got lost as the memecoin didn't become popular and it did a rug pull. When we invest in memecoin and make profits, we're just lucky and not an investment expert to start giving investment steps as just having usdt in your wallet isn't all you need as you can misuse the usdt and lose them all. Investing in the right project is the best investment steps we should be taking in the bull market.

You can invest all your Usdt in a good project and you won't need to have spare Usdt to be chasing after memecoin. The bull market comes with a lot of opportunity but knowing how to spot the opportunity before it becomes popular is a skills we have to develop so we can become very successful investors. Having usdt can help you when the market dumps so you can buy more of coins that you're observing.

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Quote from: electronicash on March 25, 2024, 01:56:03 PM

USDT is still useful when you are trading all the time and you will trade because it's always profitable when you see the price is already about to dive, you will not forgive yourself when you resist converting to usdt.

That's right, when you are also going to buy some in the dip. It is best to have some USDT so you're going to buy when the price are under. If you're not going to have it and you are doing it with a transfer from another altcoin then it can be hectic to you because the value might have a huge difference when you do it not directly with usdt.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

I usually do ZSD on the side after taking profits. I only go to USDT when I really need to. Can't let Uncle Sam know that I made $$$ off of crypto.

once you cash out and your wallet is identified by one exchange then it's no use hiding from your Uncle. surrender and pledge your soul. Roll Eyes

any activity can't escape the eyes of Sauron.

USDT is still useful when you are trading all the time and you will trade because it's always profitable when you see the price is already about to dive, you will not forgive yourself when you resist converting to usdt.

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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, being an early bird on a particular project is very rewarding, but at the same time, it also has the highest risk of all the projects that you can invest your money with. Sure you can 5x or 10x your money investing into some new projects, but what are the chances of you getting that huge reward? Also, do you expect meme coins like BOME to pump up in price before it happened a few weeks ago? Can I also ask if you are watching a particular meme coin that has a low market cap currently, and has a potential to go up in price?

Spotting which coins will pump up in price before it happens is a hard thing to do, and there's a high chance that you might lose tons of money before getting a huge profit. TBH, I'm keeping some USDT currently, but not for the reason you shared. I'm keeping USDT because I believe that we will see a market correction after the halving event happens. Will I invest in new projects? No, but I will invest into lower market cap coins, possible those at below top 100 in terms of market cap.

Investing into meme coins especially those new ones aren't bad, but don't expect too much in terms of profit, and always be ready for the worst.

f71nyJ

newbie

Activity: 4

Merit: 0

I usually do ZSD on the side after taking profits. I only go to USDT when I really need to. Can't let Uncle Sam know that I made $$$ off of crypto.

kamvreto

legendary

Activity: 1946

Merit: 1157

MAaaN...!! CUT THAT STUPID SHIT

It would be great to have USDT reserves now. start buying gradually when prices start to fall and it will be a pretty good investment. I also do management and hold spare cash to buy in stages when the crypto market crashes. The next bullrun will arrive soon so you have to buy some assets to hold until the next bullrun arrives. Buying assets such as Bitcoin and ETH is recommended.

devil-soul

member

Activity: 224

Merit: 15

For Rent

All more or less expert traders exit at the end of the day in stablecoin/usdt to preserve their daily earnings, the same thing should be done by investors having a capital base of constant/invariable value such as usdt so as to be able to orient themselves more easily with the investments

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: Volimack on March 19, 2024, 06:19:26 PM

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.

It was bad idea idea to keep USDT during the bullish season since market continously grows up and our money will stuck but keeping a few percents is good tough. I prefer to hold tokens rather than USDT caused by this is very beneficial for my portoflio. Having USDTis good although your money will never grow, and it is pointless to keep it in cryptocurrency. If you'd rather keep fiat money, withdraw it and use it as actual cash. There will be no benefit in keeping it. It is better to invest after the market has experienced a flash crash.

The fact that you are holding USDT is the worst thing I've ever seen. USDT can be used as emergency funds to help you purchase tokens at a low price. We can always try to take a risk if we believe it will be profitable. People used USDT as a way to ensure they had emergency funds that could be used to purchase tokens when the market was dumping so hard.
We will use holdt tokens instead of stable tokens. Having a few percent as an emergency savings goal is beneficial. The OP did the right thing by using his USDT to buy the altcoins.

deathcode

copper member

Activity: 1428

Merit: 253

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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 will not know whether the token can continue to grow in the market or will soon be destroyed. At least projects are listed on the exchange and can be traded, but remember that following the hype could be very bad for you. especially with memecoin, it's very risky.
It's true that if you don't take risks, you will never make a profit. but minimize your risk as best as possible. don't be too greedy looking at new assets with pumps of thousands of percent.

Bournesparks

jr. member

Activity: 179

Merit: 3

Quote from: Bureau on March 19, 2024, 12:01:20 AM

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.

True. That's the strategy I use and it's working..

✅I've got spare USDT on platform that introduce memecoins trading early like Bitget
✅ Ape in before it goes mainstream
✅Take profits and repeat the circle..

I've done this with $SLERF, $BOME ,$BENDOG, and now I'm in $TOAD..

pinggoki

sr. member

Activity: 1666

Merit: 426

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.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Adreman23 on March 20, 2024, 05:14:58 PM

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

Troytech

sr. member

Activity: 98

Merit: 55

R7 for Campaign management

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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 .

Adreman23

full member

Activity: 1366

Merit: 107

SOL.BIOKRIPT.COM

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

arjunmujay

full member

Activity: 784

Merit: 212

Quote from: Belarge on March 20, 2024, 04:31:23 PM

Quote from: arjunmujay on March 18, 2024, 10:13:34 PM

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.

Belarge

full member

Activity: 560

Merit: 100

Eloncoin.org - Mars, here we come!

Quote from: arjunmujay on March 18, 2024, 10:13:34 PM

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.

niall51

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.

mindrust

legendary

Activity: 3276

Merit: 2442

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.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

bluebit25

sr. member

Activity: 1708

Merit: 295

https://bitlist.co

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".

arjunmujay

full member

Activity: 784

Merit: 212

Quote from: Dailyscript on March 19, 2024, 01:55:14 AM

Quote from: arjunmujay on March 18, 2024, 10:13:34 PM

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.

Volimack

member

Activity: 462

Merit: 13

★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.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Bureau on March 19, 2024, 12:01:20 AM

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.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Mate2237 on March 18, 2024, 03:31:05 AM

Quote from: TheVeteranAngel on March 16, 2024, 01:33:55 PM

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.

Dailyscript

full member

Activity: 350

Merit: 157

Quote from: arjunmujay on March 18, 2024, 10:13:34 PM

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.

rodskee

full member

Activity: 2520

Merit: 204

Quote from: electronicash on March 18, 2024, 01:19:52 PM

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 .

Bureau

sr. member

Activity: 490

Merit: 279

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.

arjunmujay

full member

Activity: 784

Merit: 212

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.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

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.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: albon on March 18, 2024, 03:24:04 PM

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.

albon

legendary

Activity: 1890

Merit: 1537

What is strange about this market trend is that the market cap of many meme coins has become more significant than that of solid projects interested in technology. You can check currencies such as BOME, PEPE, and FLOKI, which have achieved billions of dollars now.
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.

It is worth noting that there is great difficulty in being one of the first investors in these meme coins before they are listed on exchange platforms. After great luck, you are required to research Intense, and of course, the matter is not without great risk, as it is possible to easily fall victim to the RugPulls and lose your capital, as there are no guarantees. Indeed, whoever wants to take risks should hold stablecoins such as USDT or USDC to buy during sharp dips. It is a mistake to enter his capital at once at a certain price level.

electronicash

legendary

Activity: 3178

Merit: 1054

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.

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.

Sophokles

hero member

Activity: 1232

Merit: 516

To buy the dip i guess and to save any open position you have in any DeFi project. But its already useful to have some spare funds at your disposal in case you see an opportunity and want to take it. In a bull run there will be a lot of opportunity to make money so you must have some funds allocated for them so that you can take it when you see it. Market won't go straight up, it will move more like an ups and down cycle so in a bull run most of the token make higher high and lower low which means its easy to buy low and sell high.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: Negotiation on March 16, 2024, 11:39:49 PM

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

To invest in the type of coins you mentioned, first of all you need to know about the projects well and then plan to invest. I don't think you should make much money in these types of projects because the prices tend to go up very quickly, as opposed to the prices going down. They happen so quickly that it is often difficult to predict.

Sometimes with this kind of trading, especially if you are only starting you must go with what you think is already good enough at the moment. I know people who would be bad at this type of trading and would never gain profits because they usually think too high.

They think the coin can still go lower or higher and then they wait. If you have been in the field for quite some time, I am sure that market analysis is something that you have already learned. Yes, it’s almost impossible to accurately predict the movement of a coin but you will get a rough estimate if you knew how to analyze the market and its patterns well. It’s definitely not for everyone but could be learned by someone determined and experienced

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

To have some money ready in the case an extraordinary opportunity arose on the markets is a must, since you do not want to miss an opportunity that you may think will surely make you money.

Still, meme coins are very risky investments, and while it seems that you did well with your investment, those kind of results can be hardly repeated, so if you take the risk to invest in other meme coins, it is unlikely you will get the same or similar results.

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I have spare USDT always because sometimes when the market is congested at least I can transact easily using USDT and also reserving some funds make us ready buying anytime that the market have a dumping season when we cannot afford selling our hold coins but to use our extra assets in stable coins.

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Quote from: TheVeteranAngel on March 16, 2024, 01:33:55 PM

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.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

It means that people should have some money stored as cold funds that can be used to buy a potential coin like that. To be honest, the meme coin trend makes me feel very skeptical about the utility of coins these days. It seemed to me that people do not consider the utility of tokens as something important that should be owned by the token.
As long as they can use that coin to gamble and that's fine for all of them to buy such coin. I think that i don't really care to the utility of token since this is BS. So many meme coins have not utilities have gotten billions marketcap and it's very very contrast to the some good tokens that have offered good product to the users.

People are only willing to gamble in the crypto, and that's why pumping altcoins like meme coins will become one of the most profitable ways to double your money these days. You told me that if utility is nothing rather than bullshit. Speculatiors are everywhere.
A smart investors will always have some funds available in their wallet to buy the good tokens that potentially to be pumped. Keep some amounts of stable token in our wallet is good. The only point that you missed it if you must have money to buy the tokens.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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 for some traders believed on utility maybe this smashes them a lot. Yes they thought memecoin is really a piece of shit but looks how many gains some people believed in it. Though its a shame to invest with a meme like that it really did some potential. Now people finding the next shit and this will last long especially if some cex cooperating and listing them. This crypto world is a big pump and dump. Just ride and youll be rewarded.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

For investors that have the risk absorber to gamble their funds in these new projects, it's ok for them to have standby funds in usdt, Incase they see a project that they feel confident to invest in, so they'll swap and be among the early investors, or they can leave their funds in Bitcoin to be accumulating profits for them pending the time they see a project to put money in, because usdt doesn't give you ROI. I'd just advice investors that are into new projects to carry out research before investing, and if the project pumps massively, let them sale because they don't know if the project will dip and never recover.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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

That's how every traders/investors think when seeing new "great" project. While it's possible to increase your profit for 10 folds by these new projects in span of 6 months to 1 year. It is also good to note there is a high chance of lossing them overnight.

Seriously speaking though, i never bought any meme coin except for doge, of course. As i only see these meme coins are backed by nothing but only popularity of someone who promoted it, nothing relevance on those projects.

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Quote from: TheVeteranAngel on March 16, 2024, 01:33:55 PM

Quote from: Negotiation on March 16, 2024, 11:39:49 PM

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

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.

I don't buy coins like this as well but those that knows the game will get in to these too early and will baghold with a lot of capital that they're ready to risk. I'm not that type of investor and that's why I'll let it go and will just look on how's its progress later on. It's still new and with what I've noticed with Binance's move, if it's with these coins that are getting popularity then they're going to list it for free but I have no idea if it's the same with BOME and then they always put it on derivatives or perpetuals first before they proceed to listing it on the spot. They're playing this market very well and wisely because most of the hype traders and investors will do whatever it takes when the FOMO is in and that's hard to stop it from a community that's following the trend.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

To invest in the type of coins you mentioned, first of all you need to know about the projects well and then plan to invest. I don't think you should make much money in these types of projects because the prices tend to go up very quickly, as opposed to the prices going down. They happen so quickly that it is often difficult to predict.

Maybe they only base the idea that once a token will be listen on binance it will automatically experience a big pump that's why they are so positive about something bullish condition to those tokens. Although there are possibilities that it will pump like that then the question on how much we can handle the bullish pressure since sometimes people would became so greedy and lose their money once there's a correction to come on those tokens they bought. This is why its important for them to know their what is their target for the token they bought and plan when to sell so they can accumulate a profit from this. Market is really so difficult to predict so its important for us to know our targets when trading those tokens.

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

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.

To invest in the type of coins you mentioned, first of all you need to know about the projects well and then plan to invest. I don't think you should make much money in these types of projects because the prices tend to go up very quickly, as opposed to the prices going down. They happen so quickly that it is often difficult to predict.

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Quote from: TheVeteranAngel on March 16, 2024, 01:33:55 PM

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

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.

More like 8X. I think you should look at retracements and check the volume..rn the volume is exceptional on the platform you mentioned. so bid on retracements but use DCA...As always NFA .

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