MIA2 said:
[deleted]
Thanks for that insight.
It all comes down to how much wealth you’re thinking of to consider yourself well-off.
It’s wise to pay attention to signals, but the bull run has begun. Memecoins are likely to perform well because the market is there.
I regret selling some good picks earlier during the frenzy when the memecoins began rising. In the aftermath of Binance’s issues, though, I’d feel safer holding XMR than taking risks with junk coins. Not investment advice, but here’s what I’ve seen perform well: $Pepe, $Wojak, $Honk, (proceed with caution as they tend to be big pumps and they won’t stop as BTC rises) $Crown, $Doge.
Consider blue-chip options like $Arb, and starting $borroe.ai $Pyth (Solana Oracle) while also exploring Injective (Ethereum Layer 1 seems undervalued). I’m hesitant to recommend these due to my gut feeling but they’ve shown many gains.
As a trader, I’m bullish on XMR, Wojak MEME, and Inj, with XMR being my biggest gamble. I expect a post-halving sell-off soon, if it occurs, it could be a good buying moment.
First, shift your mindset. My belief in quick riches led me to serious losses.
Long term investing is the way to create profit, not a rapid gain.
Walking away without looking back was your downfall. Crashes of 2022 were invaluable opportunities for potential wealth. Now, the risk-reward ratio is challenging.
You might just find yourself holding worthless assets when the market corrects.
Download the CoinGecko app and practice making pretend purchases to see how you would fare, and get ready for the next bear market.
No one can predict your future, but if you don’t at least try, you’ll never know. That’s the only way to find out.
People bought during the bear market and are now selling to unsuspecting bulls. This might not be the ideal time to invest; you will likely incur losses. Still, you might make money if you time your trades well (if luck is on your side). One strategy could involve long positions on altcoins, and when they pump, shorting high-value coins.
This shows your feelings of unfairness.
Realistically, your chances may be low, and you could also lose everything.
It really hurts to lose everything and hit rock bottom. Don’t let that opportunity go; prove what you can do. You’re still early.
If you’re new, just don’t invest anything you can’t afford to lose. This space can be chaotic. Once you enter, leaving might not be easy.
Focus on smaller gains rather than aiming for the 100x returns. You’ll lessen your risks while making smaller profits instead.
Your chances could be minuscule if you’re inexperienced. They’re somewhat more favorable if you create a token and rug-pull investors. But this only lasts for the next two months.
If you begin anew, take it easy; you may find profit in the next bullish run, which could be four or more years. If you earn any sooner, it might just be sheer luck.
Are you prepared to wait over five years? Then you’re in good shape if you invest in ETH and BTC. If you invest in SOL, the risk of loss is higher, but the potential for profit is also greater.
You made a mistake by coming to this forum. It’s different from 2017.
I’m currently in a memecoin that has turned into a genuine movement in line with the GameStop focus on the blockchain! It’s called GME on Solana, and we’ll be making history soon.
Do your own research and check it out yourself.
Make a purchase, aim for the moon or dust. That’s it.
It’s tough to judge. Those already winning with memecoins have been in it since the bear market, which means you can’t compare their success to your quick moves.
If you’re invested in the major two layer ones, when the wealthy take their profits, they might rebalance with altcoins, L2, or meme coins, potentially to your benefit.