- This topic has 29 replies, 2 voices, and was last updated 8 months ago by Laughingboy14.
- Thursday, March 31st, 2022 at 15:18 #205082Elie0_0Participant
A lot of people invest in these coins that are new and low cap and obscure thinking that they can get rich quickly, when all that will actually happen is they’ll lose their money in these coins that either fail or get Rugpulled.
Seeing coins like SHIB, DOGE in the past has only encouraged these people in their thinking that they can make a lot of money off of these coins, when the reality is that those 2 were only 2 among thousands of coins that got lucky.
Investing should be done with a purpose, otherwise it becomes pure gambling and you’ll likely fail.
That purpose could be BTC as a means of decentralization, as a means of inflation hedge, or just as a currency that’s easy to transfer. As long as you know what you support in your coin, you have a purpose in it that you believe. Which is what investing is, not closing your eyes and picking a coin.
Not only you won’t be rich, but you’ll also lose your money in these coins. Only people getting rich will be those controlling the coin with their bags that are ready to sell.
But of course, there still are those projects with purpose and that can change the market, but you’ll need a lot of time on your hands to find those new ones.Thursday, March 31st, 2022 at 15:18 #205097spongefireIB
CatSafeGirlPoopGrimaceDoge Coin will definitely moonThursday, March 31st, 2022 at 15:18 #205111Laughingboy14
I think as a community we should stop looking for a 100x coin.
Have a balanced portfolio and have smaller but less risky gainsThursday, March 31st, 2022 at 15:18 #205110Nostalg33k
This is why I’m 80% in BTC/ETH. Chasing the next thing is for other people.Thursday, March 31st, 2022 at 15:18 #205109Many_Arm7466
What if you accept you’re gambling and only put a comfortable amount of your portfolio in you’re willing to lose? I don’t know about you but next bull run I plan on having fiat aside to gamble on “shitcoins” along with my regular BTC and ETH DCA. I may not get lucky but you can’t get lucky if you don’t play.Thursday, March 31st, 2022 at 15:18 #205108RhoidRaging
For every 100 shit coins created, r/cc posts about rugpulls 100xThursday, March 31st, 2022 at 15:18 #205107surrender_the_juice
**What if I told you that even some of the high market cap coins will still 100x?**Thursday, March 31st, 2022 at 15:18 #205106Sketchy-Lefty25
Knowing my crypto investing knowledge (and lack of it), I know I probably won’t invest in the next moonshot. ETH and BTC make up 60% of my portfolio but I dream about one of my alts going to the moon…then I put more into ETH and BTC.Thursday, March 31st, 2022 at 15:18 #205105_Whit3
Me: 100% agree with you
Also me: damn that WIll Smith Inu coin seems nice after the Oscars..Thursday, March 31st, 2022 at 15:18 #205104No_Weather682
It’s way easier to find 10 coins that will 10x than finding 1 coin that will 100x. Stop buying shitcoins and hold coins with good fundamentals.Thursday, March 31st, 2022 at 15:18 #205103Onelinersandblues
Thank you Joe the optimistic.Thursday, March 31st, 2022 at 15:18 #205102DesmondNav
Most „coins“ are just people playing around with the tokenomics of a blockchain with smart contracts like Ethereum. They are not even being offered or listed anywhere.Thursday, March 31st, 2022 at 15:18 #205101ezazal
If Those Kids Could Read, They’d Be Very Upset.Thursday, March 31st, 2022 at 15:18 #205100rxtreme
The get rich part comes from the marketing team….Thursday, March 31st, 2022 at 15:18 #205099FacetiousInvective
Well I saw coins going 25x in front of my eyes over some time.
AXS and now GMT.. I fomoed back int to GMT but some bought at 10 cents and now they are 23x, which is nice! 😀Thursday, March 31st, 2022 at 15:18 #205098isacbenzi
False, if you invest in solid coin with good team you can make gainsThursday, March 31st, 2022 at 15:18 #205096irfiisme
The trick not to chase 100x but to know when to take profits.Thursday, March 31st, 2022 at 15:18 #205095Difficult_Theme8891
So you’re saying there is a 1 in 100 daily chance?
Damn it, I’m in.Thursday, March 31st, 2022 at 15:18 #205094zazelagiel
Schrodingers coins. They all will and won’t x100. Most likely the one you thought about buying but didn’t.Thursday, March 31st, 2022 at 15:18 #205093ChemicalGreek
Just stay away from animal coins or coins with the name Elon in it!Thursday, March 31st, 2022 at 15:18 #205092hruhru
So you are telling me there is chance? …Thursday, March 31st, 2022 at 15:18 #205091vvillehelm
thats why I only look for 1000X coinsThursday, March 31st, 2022 at 15:18 #205090Wincharako
But SHIB is still a shitcoin.Thursday, March 31st, 2022 at 15:18 #205089ipetgoat1984
I love my low caps. Not shitcoins, but small projects with big potential. This is how I got into ADA two years ago, and DOT two years ago, etc. Research needs to be done, but I would say go for it if you believe in a project.Thursday, March 31st, 2022 at 15:18 #205088Blooberino
It’s not unlikely that you’ll find the next 100x coin, but it’s unlikely that **you’ll invest in it** when it’s that early.
The 100x’ers all put their money in when it was massively risky. People who earn “only” 2x or 10x got in once it was safe.
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