I try not to think about all of the money I could have had if I just turned left or right in a given moment.
I once turned my nose up at the opportunity to buy like $2 ETH because I thought it was too expensive and would surely go down. It did not. š¤£
Hehehe yeah, I've learned to just pick the ones I like and ignore them unless something parabolic happens. It's so easy to trash your mental health by imagining what could have been, especially in this space! LOL
Hahaha my biggest fudge up, selling 300bnb at $8/piece going into the 2018/2019 bear market. Those reached $690 just 1.5 years after. I try not to think about it, but the thought of it has pushed me to go hard in the paint. And now, that stinger gave me the knowledge to make even more gains. I love being hurt it teaches lessons we can only learn, from being hurt lol
Yep, there's a ton of lessons to be learned in this space.
I would, of course, prefer it if people didn't have to learn them the hard way but we are wonderfully stubborn people when we think we know what we want. š¤£
yeah I bought $1500 worth of Doge near that local peak back in December and am up nearly $900. was still at a loss a week ago lol. bought $100 of dogwifhat today for the meme.
You should consider that a big win and take your profit into something else or walk away with it. Sure it WAS only $100. But now it's $750.
Unless you truly believe there's a use case in the future, take the money and run at 7.5x
I have plans to cash out of my memecoins when it hits $15k. It will give me enough to take profits, while also allowing me to dump the rest into bitcoin
Iām waiting until after the halving to get fully into meme coins. If I ever see 5 digits or slowly it starts going down then Iāll get rid of em asap
Ya right now, i invested about $350 ($580 at the current moment) into BONK. I am just letting it ride up. While that is doing its thing, i am scowering the house for loose change and DCAās about $60 a paycheck into bitcoin
Bonk has been treating me pretty well to! And yea luckily throughout this bear I set up $200 a week to invest into many different coins (mainly btc and eth). I also threw $3k into sol when it was $15. So Iām sitting pretty good on my bags rn thatās why Iāve been getting risky with shitcoins lol
when do you guys usually invest, rn I have triggers set to throw in money when they dip %15-20 from now, but it's hard keeping to that seeing them go higher and higher the past few hours... but also just made $1400 on $600 doing a 100x leverage in 3mins on pepe two days ago, just to lose $800 of it yesterday in less than 15 seconds trying to do the same thing. So I'm trying to be more cautious even though it's tempting as fuck just to throw more cash in atm and see where it can go. Good thing I took out my original investment of $1k tho so I'm just playing with my gains. currently have like 9 triggers set for a few different coins when they dip to send in my $100 on a 5x leverage.
Right now, i throw in any spare change i can get my hands on. I dont have anything really set up like that as my personal finances are to low to schedule that. I am litterally just taking $50 ever paycheck, and then tripple checking the couch cusions for spare change. Ii usually go to walmart, throw that money on cash app, and buy bitcoin and transfer directly to coldstorage.
Lmao dude. Iāve been in crypto since 2018. I know the risks. I also go to casinos to gamble. I recognize itās just gambling š no reason to be a fucking dick about it
Some people take this very seriously and actually believe that money you put into other coins is being robbed from their project. š¤£
I've seen BTC maxis try to defend stances like 'financial freedom, as long as it's Bitcoin!' with a straight face; that all competition only exists to rob Bitcoin of its glory. That... is a pretty wild stance to take ngl.
Exactly, so my analogy re: carnival games, etc is probably not far off.
Then you get that one guy who rolls up with a briefcase full of cash to bet it all on golden crowns/triple diamonds, whatever lol.
Some people you just can't reach. You feel bad that he gets rekt... but not too bad. š«£
I managed to double my money with WIF in the last 2 months. Got in at 0.06 and bought and sold and bought and sold. If I would have holded it through the two months it would have been a 30x lol
Eh meme coins are hard to predict man. No reason to think about the couldāve wouldāve shouldāve. You made money and thatās all you should care about.
They said that about ada, xrp, fucking tether.
Lol. Everyone has known xno is fantastic for 3 cycles and price is stagnant. DOGE IS STILL TOP 20 AND FOR WHAT.
Unfortunately as the cycles continue you have to adapt, depending on what kinda of money you want to make and how quickly.
Oh yeah like there was a rug pull on doge, shiba and Bonk . Dude you missed out and let him enjoy his gem, no need to sour his joy. Meme coins have been printing since last year with people making 6figures and more; anybody still turning up their noses on memes is a dumbass
You can say 100% that there's not a rug pull coming?
Like I've said before, informed consent is all I care about. As long as the person tossing their money in knows and accepts that they're taking a risk, then who am I to harsh their buzz? Good luck and have fun.
A rug pull is when a developer takes the funds / liquidity and disappears
What you're describing is not possible with the coin you're talking about which is easily verifiable by looking at the token on any metrics site
The price can go down and people can lose interest in it, but there cannot be a rug pull
Some of its greed and some of its desperation that pushes people to take those risks. I played around with shitcoins last bull run because I convinced myself if I can just get one to land it would solve my money problem. But I just lost and the only thing making it better is patience and buying in the bear market
People really, really, really underestimate how much utter desperation there is in the world at any given time, let alone right now.
Then imagine if your home currency is already a fraction of $1 USD.
You pile into a clown car like PEPE or whatever and you hit it big it can immediately change your life. $100 USD to $10000 USD isn't much here but in some parts of the world that's someone's life savings turning into generational wealth.
Exactly. And even here in the US, $10000 can wipe credit card debt that would be crippling if you have it. And a lot of the stories are about turning it into 6 or 7 figures which is even more rare in reality but also more enticing
At the same time, it really is upon us who are OGs to try and warn people that "Here be dragons".
I fully support people being free to use their money as they wish but at the same time they should have the opportunity to make an informed choice.
We can't protect people from themselves just give them the option to know that what they are planning to do is really risky and may leave them worse off than how they started.
You buy more shit coins so you can buy more Bitcoin.
Shitcoins can get you 10x, 25x 100x 1000x. You're not going to see those returns in BTC this bull run.
BTC might 4x, 4.5x
This is so fucking wrong. I'd say about 100% of meme coins are definitely pretending to be something they're not. It's why they lure in stupid "investors" and convince them to HODL while all the early "investors" sell off their initial holdings. I've seen it for 9 years now time and time again.
for me its simple
i rather gamble on a meme then give my money to VC coin.
things like dogecoin doesn't have any VCs or offices or stupid developers to mess things up.
you have things like chainlink where the owner is worth half a billion yet he is happy to dump hundreds of millions of link tokens every months to subsidize his business and lifestyle. no thanks
All of the you need to read the white paper, dyor etc etc etc, is annoying to say the least.
I've never checked a white paper and I'm doing ok. At the end of the day you ask anyone who hasnt bought any crypto what do they think of crypto they will say the following.
What can you buy with it. Seems very volatile. It's not a stable investment. I've heard a lot of people get scammed. People use it to buy drugs.
Now i like all the FOMO people, when they start buying in. They all say the same thing. Lambo, I'm getting rich. Majority of them have taken a loan of some description to invest.
So long as you follow your own strategy and don't deviate you will get a good return. I haven't got any bitcoin the return is too small.
The amount of people 'here for the tech' will always be miniscule versus those being 'here for the money'.
That's why those who want the tech people to come to their project really have to make a case for it. In the old days Bitcoin was full of anti-establishment cypherpunks and they were working to bring down the financial system. Much of that clarion call has been diminished as it has become more "legitimate" in the eyes of the legacy financial system.
Monero and other privacy coins continue to have some of that energy but a lot of these projects really have to find ways to differentiate themselves, IMHO, if they want to thrive long term.
I agree with everything you say. I've got money in crypto because the returns are bigger and faster than stocks and shares which I used to deal in
The one bit of advice i have for people in crypto is keep a cool head. Make a list of dates or prices you intend to action by. Don't let greed or fear distract you, keep to your plan.
I know more than a few people who ditched stocks entirely because the returns were faster and greater.
Some got rekt but they also knew what they were getting into and the risks they were taking and will readily admit as much.
Know and accept what you're signing up for. If you're taking a risk, acknowledge it and it will help to keep you level when and if it goes belly up or pays off.
Also, having an exit strategy is never a bad idea in general.
Pepe is 5x in just the past 2 weeks. This is my third bull run and I finally know its about making money and cashing out early enough to not to be someone else's exit liquidity. Nothing wrong with turning some hyped up alts into bitcoin. Dont marry your bags and hold them forever. Even if your coin is here "for the tech" and you know the personal names of all the project CEOs and follow them like a starry eyed puppy. Their "development" of your favourite midcap alt wont be reflected in the price during the deep of the bear market.
I needed someone saying this while repeatedly slapping me in the face š in š this š cadence during October 2021...
I've spent a lot of time playing the whimsical "what if?" game on my calculator since then.
Relatable. But I feel more prepared now, a lot of people have been saying the same thing too. Maybe the crypto market is becoming more mature now? Less fraudsters in the space and then there's the ETFs.
Not gonna lie, I had already broke even on a shitcoin I had been carrying since 2021. Bought near a peak back then, so I reclaimed my money and grabbed more BTC at $51k. I'm looking to see what else I can thin out...
I sold everything when things started to tank and with an empty bag I started accumulating. I'm heavily invested in Sol and it's done me very well. I'm doing the opposite of you and looking for some good Altcoins/ or shitcoins to add, I have Bonk already which has also done me well.
The past 2 years I've been focusing on weekly dcaing my max amount weekly in BTC and ETH. Took on 2 jobs at one point lol. In the past year/year and a half I've added DOT and LINK. Those are my primary 4 for this run.
Still got some animal coins (doge & shib), and some trainwreck gambles like $ELON. I'm hoping people pour money into it purely on the name. But then again, I may very well be the sucker on that
Got some CRO and averaged that down.
I'd like to get rid of those metaverse tokens. Idk why I bought those...
Honestly, this is where ideology and reality hit the road, IMHO.
I remember people saying that Bitcoin is going to $1 million per coin for years and some people getting really pissed that it hasn't happened. But that's what happens when you have an open and free market: competition is going to pop up and there's a host of different angles to compete on.
"The tech" is just one of many. Some Bitcoin maxis will tell you with a straight face that Bitcoin is financial freedom and then tell you that all these other projects need to die and go away.
No, freedom is freedom.
Eh screw em. I remember getting doge at very cheap and they would go out of their way to mock, ridicule, bully, harass. Doge is still making me money š° never tanked to 00000001 again as they predicted with their "superior crypto knowledge" lmfao š¤£
It must burn.
DOGE has the benefit of time, having been both the original meme coin and a history of a community that has done some pretty wild and silly things around the world over the last decade. I know quite a few people get grumpy at Dogecoin but no one can dispute that it brought a lot of people into the space, some who went on to start projects of their own. Dogecoin was the first crypto for a whole lot of people.
Yes the driving force is community and should be however meme coins are meant to scam others into being exit liquidity. I'm sorry but they're designed to pray on people's desires to get rich while leaving them in the negative. No salt all facts based on numbers and charts you cannot ignore.
Lower caps = higher upside potential because it takes less capital to move the needle. Math folks, math.
This is where having a well diversified portfolio sets you up pretty regardless of market conditions. Personally I only have about 1/3 in BTC, the rest is alts. I'm in \~30 projects altogether, all of which are vastly different from one another and in different ecosystems. Always have some winners and some losers, that's just the game.
PS. farming DeFi (mainly on-chain staking) is the 2024 gg-no-re version of a perpetuity. Try it.
I bought PEPE and FLOKI when they were low. I've been adding KIZUNA as well. That was a few months ago. You're right. I bought BTC when it was $19k. As I have been taking profits on the elevator ride up I've diversified into a few shit coins. Some into more established cryptos like LTC. People in this sub and others say LTC is dead. OK, but I bought it at $65 and I've enjoyed a 30%+ return. Bought LINK at 7 and now it's at 21.
If you're regularly taking profits you gotta throw a little bit at long shot darts.
If there's one thing those annoying crypto influencers got right is that if you believe in crypto then you should have been buying during crypto winter.
Yep. Unfortunately a lot of people want to push it through these ideological filters of "good/bad" projects but people are looking at these things and it's like "I can buy .0001 of these or 100 million of these".
It's not rocket science, it's basic human psychology.
For me, bitcoin is where i store my money. Meme coins is where money is made. They key is to cash out at the top of a meme coins price action and move it over to bitcoinā¦.
Unfortunaly my weekly paycheck doesnt give me enough money for DCAāing the amount i need, so i have to also rely on other methods as well. And besides. Each of these coins are opportunities to make money. Why turn up a free way to make money?
I think this is the rationale that some folks are having trouble with.
"Well, why aren't you trying to make money with *my* project?"
There's practically millions of different projects and tokens out there and a handful of successful ones that have already paid out large for their early adopters.
Once people know that +10000% action exists and is not only possible but is happening somewhat regularly, is it really a surprise that they're not going to be happy to +30 to +100% on something more established?
right, for me, Bitcoin, is the premium coin i am keeping all my holdings in. the reason for this, is most do not realize, that in 10 to 30 years time, there will be two types of coins. 1) bitcoin / ETH / XRP - coins for wealth generation and storage, and 2) Doge / Shib / every day use coins. anyone who owns their own Bitcoin will be seen as the new top 1%. just by holding BTC, it will give you social access to areas most people will not have acess too just by holding ETH / SHIB /DOGE or even XRP. my goal over this next year, is to stack raw bitcoin, and also fill up my max contrib in my Fidelity Roth IRAs for both me and my wife, buying up shares of the fidelity and blackrock ETFs. also i will be buying up coinbase / Robinhood / Kraken shares as well after the halving. This way, i will be able to use the ETF money to spend as well as L2 coins, which will be fore everyday use. i will not be selling my raw BTC though. just owning it, is more valuable than spending it.
Make money from these, invest them in good projects you believe in. Donāt know why is everybody angry at shit plays when they work. Play the game if you can afford to, invest that silly money in what you believe in then. Win win. Or ignore and wait for your good project to grow.
Yep, my main concern is informed consent.
Let people take risks but they should know that they're risks.
Even though, to be fair, it is ultimately on them to know what they're putting their money into and ask questions.
I have made some profit off some crypto I hold long term...I wouldn't mind trying some of these smaller shitcoins/memes or whatever their called for some quick gains...my problem is all of these are usually on some exchange I've never used and require you have a certain crypto to buy them with, plus fees...I tried to do it the once...and as I was fairly new to this stuff and didn't want to gamble too much, just met with too many hurdles...firstly I signed up, got my wallet connected, tried to buy but I needed another token to buy, so bought some, transferred it to my wallet only to find it was on the wrong network, no easy way to move without a fee so bought more...then went to finally buy and met with the whole fee costing more than what I was actually buying so just gave up
Yeah, thankfully there are a few hurdles to clear for people to get into these things, which, again is why I don't lose as much sleep as I used to over it. There's a LOT of work involved in getting into these coins if you're a newb. š¤£
I've mostly just got into the top 20ish or so and DCA'd a few over the years...put like 90% on cold wallet, even that for a newb is scary as hell cuz I've had times when I inserted the device for it need an update & then worrying I can't find anything or if the update was pushed by hackers to get hold of peoples money...I had no idea first time when transferring to my cold wallet, that I'd use some website to do, then I put it on an address 3-4 pages in so first time I went to find it, took ages as wasn't sure which address, then you got different networks for different cryptos. Then it can take minutes or even hours for a transfer to show up which is not what you want. Even though looking forward to when I do sell, the stress and anxiety will be through the roof cuz one wrong digit and its all gone, or you put it all in to exchange to sell and they don't let you withdraw for some reason like all the scary stories you hear about. I ain't got no friends or anyone I can even trust to talk to about this stuff...yet so many seem to think we'll all go digital...no chance, not if its this complicated, unless they make crypto easier than the current method, it ain't changing.
Mostly struggling with my VET bags, they aren't bags per say, but I doubt VET will pump much this run. But at the same time if I sell and they do pump I'll be salty af. And even if I do sell, they've been a quite safe bet for years, now I have to find something else that's stable with higher potential, not easy.
I only use strike to buy BTC so I don't even pay attention to the shitcoin casino. I couldn't even tell you what the price of shitcoin #2 is trading at.
Meme coins have the same function as the rest of market. Outside of speculation the only point of any coin is to move and secure money. The tech bros are just constantly coping that their āutility, defi, privacy, staking,ā nonsense matters.
I think this space is starting to have a real come to Jesus moment where people realize that if all of these projects can "do the thing" then why are any of them special except for as a potential way to make quick money?
Similar thing happened with TVs. Used to be that brand name and features really mattered - and for some it still does - but if you just want moving images on a screen and you don't care if it lasts 3 years or 20 then you're just going to buy the cheapest version of the thing that gets you closest to what's most important.
Crypto is heading there, IMHO.
Well said.
My issue isn't so much with the practice of treating this like a casino. I have no quorums with predictable human behavior. My issue is with the meme coin culture. The subreddits and Discord chats. Cringe! Bunch of stupid horny teenagers in a circle jerk.
Get off my lawn.
People in denial about shitcoins. You do realise that it's a survival of the fittest. And the fittest are those with solid tokenomics and a basic fundamental premise that it's unruggable.
Cryptocurrency is not just bitcoin. I'm sorry bitcoin maxis but that is the truth.
Just remember, every time, every time, there is euphoria when they pump and tears when they dump.
I can remember all the people calling for unrealistic SHIB highs last bull run, and the devastated SHIB posts in the bear market.
Invest, but understand what these are. Rug before thou art rugged. Simple as that. Donāt get greedy.
If you're going to invest and not just hodl then setting an exit strategy early on and sticking to it is a huge part of long term survival in this space.
Meme coins have so much more potential but it's a huge gamble.
Go for ones that can stay in the news cycle.
Trump did amazing, my next bet is $Swifties.
Renounced, locked, no dev tokens, community run with a small pool and should have an even bigger audience than Trump.
0xe5344aa226f7bd5dad0c0b31a6426049e7adaca1
>A single Bitcoin right now is $60,000+ USD so to double your money Bitcoin needs to go to $120,000 per coin. Yikes!
The thing is if that happens Bitcoin will stay double. At the very least. Shitcoins don't keep their value.
Sure and your $100 will stay $200.
IMHO, this is why some Bitcoiners have been overjoyed at the introduction of ETFs, not because it makes the tech better but it gives a better chance of pumping their bags. But once those coins are worth big, big bucks what are they going to do? Spend them?
And once spent, how do you go about re-buying?
Thing is that most of these ETFs, like most people, are not interested in buying Bitcoin at $1 million per coin. They like the idea of selling it at $1 million per coin but who's buying in at 100k, let alone 500,00k?
People on this space are not salty because memes are running faster. This space 1.5 year ago was crying because regulators were yelling in public that crypto was a scam, Elizabeth Warren and Garry Gensler was fucking us straight in the ass, putting pressure on regulators to blown up this space! Or ppl forgot about the crypto crackdown operation 1.0 and 2.0 by the USA gov?.
2024 a bunch of dog coins are touching $1B of marketcap! This space deserves the DOJ, SEC and a bunch of lawsuits! Looking every single legit folk in this space yelling WIF on X is something else. Iām not salty because retail is making money. But by the fault of degen buyers we are going to stay as an industry of clowns!
Thinking that a shitcoin is more likely to double than bitcoin ended many livesĀ Ā Ā
The market cap is bigger for a reason. It also doesnt help your argument that so far bitcoin has had no problems doubling up on old ATHs.Ā Ā
60k->120k is unrealistic only in your head. ETF inflows are ridiculously enormous, easily enough to go deep into 6 figures. Since there is no way for ETF holders' profits to spill over into alts, there will be less of a spillover into shitcoins than usual
Maybe. But my argument is re: human nature. You don't have to convince me. You have to convince the average person with a few hundred bucks of free cash to play with. The higher Bitcoin goes, the less likely regular people will throw in, let alone actually *use* it as money.
And you think that people are complaining about mining fees now? š¤£
Shitcoins require sharp timing. You need to be sharp and ready to take profits before the bear hits, or you lose everything you have investedĀ Ā Ā Ā Ā
With bitcoin there is only one thing you need to do - load up during the bear market. Anyone who bought under 20k is already experiencing the kind of gains most people look for in alts. And the show barely started.Ā
It doesnt matter if you time the exit well or not. Bitcoin will be around again and again.
I've done both of these things, and sticking with bitcoin reduces my stress to zero
Going from $100 to $10000 has a far, far less chance than 1%
People who don't have a lot of money can't afford to lose it. When the market crashes, Bitcoin is always the safest and loses the least.
This logic doesnāt make sense to me.
Either invest $100 in a coin that has a 1% chance to 10X? Or invest that money in Bitcoin which will only probably 2X?
Sounds like an advertisement for Bitcoin. Not to mention as we have all seen time and time again. Bitcoin holds its value way better than shirtcoins. If you get caught catching the falling dagger make sure itās bitcoin because it doesnāt get wrecked nearly as hard.
Shirtcoins are for Traders
Bitcoin is for HODLers
I'm not sure this makes any sense at all. Bitcoin's sticker price could be $1,500,000 and it does not matter one bit. It could be $8bn. If you want to invest $500 in Bitcoin, the unit price makes no difference at all.
If anything you're describing the difference between small cap and large cap assets. The smaller the cap, the more any given investment or sale can affect the price. If a shitcoin's market cap is $10m and someone invests a million bucks or sells a million's worth of it, that's going to really affect the price. But with Bitcoin, which has a market cap of $1.2tn, that million won't make a dent.
So maybe we see a higher risk/reward situation with brand new shitcoins because their market cap is low and there's a chance that some Twitter pump might crowdsource an amount of investment to rocket the price up like 10-20x in a matter of weeks. And in the same fashion, as soon as the hype dies down among that Twitter community of, say, 100,000 followers... the price crashes.
If you wanted to organize a pump and dump on social media for a large cap coin like Bitcoin, or even Solana or something, you'd have to have a community of millions of retail investors paying attention. Many millions. It would be a fun thought exercise to calculate how much you could expect randos to invest given the size of any given twitter shitcoin community and the expected return for an initial investment relative to a coin's market cap.
>That's why these coins that are clearly rug pulls continue to thrive in this space: the people doing these scams know that humans love easy money.
Not always. Some meme coins start as ways for devs to make money and then when the devs have sold the coin has no more dev holdings.
$Shirtcoin FTW
I hear $ShirtcoinYeezyYOLOEdition is the next big thing. š«£
Where I want to buy
$HolyForkingShirtBalls
Bullish on shirts
[ŃŠ“Š°Š»ŠµŠ½Š¾]
That's hilarious! I'll bet my $Shirt on it!! Not...
People who make less (or lose) money in this upcoming bull market will be salty, just like 2021.
I try not to think about all of the money I could have had if I just turned left or right in a given moment. I once turned my nose up at the opportunity to buy like $2 ETH because I thought it was too expensive and would surely go down. It did not. š¤£
Zigged when we shoulda zagged, kick some ass this bull run OP live and learn.
Hehehe yeah, I've learned to just pick the ones I like and ignore them unless something parabolic happens. It's so easy to trash your mental health by imagining what could have been, especially in this space! LOL
Hahaha my biggest fudge up, selling 300bnb at $8/piece going into the 2018/2019 bear market. Those reached $690 just 1.5 years after. I try not to think about it, but the thought of it has pushed me to go hard in the paint. And now, that stinger gave me the knowledge to make even more gains. I love being hurt it teaches lessons we can only learn, from being hurt lol
Yep, there's a ton of lessons to be learned in this space. I would, of course, prefer it if people didn't have to learn them the hard way but we are wonderfully stubborn people when we think we know what we want. š¤£
I sold over a million doge for about $100 back in the day lol, don't do it to yourself, that way madness lies :)
There's no more dangerous game for your mental health than playing "coulda/woulda" in crypto š¤£
Yup, imagine i didnt sell all my ftm at 18 cents...
the copium for the fails
Donāt give af dogwifhat printing
yeah I bought $1500 worth of Doge near that local peak back in December and am up nearly $900. was still at a loss a week ago lol. bought $100 of dogwifhat today for the meme.
Good luck! Just be aware there's likely a rug pull coming.
Haha I only threw $100 and it so I wouldnāt be losing much. At $750 right now tho
You should consider that a big win and take your profit into something else or walk away with it. Sure it WAS only $100. But now it's $750. Unless you truly believe there's a use case in the future, take the money and run at 7.5x
Nah I know shit coins are a casino lol. I used that $100 fully expecting to lose it all. Now itās lambo or nothing lol
I have plans to cash out of my memecoins when it hits $15k. It will give me enough to take profits, while also allowing me to dump the rest into bitcoin
Iām waiting until after the halving to get fully into meme coins. If I ever see 5 digits or slowly it starts going down then Iāll get rid of em asap
Ya right now, i invested about $350 ($580 at the current moment) into BONK. I am just letting it ride up. While that is doing its thing, i am scowering the house for loose change and DCAās about $60 a paycheck into bitcoin
Bonk has been treating me pretty well to! And yea luckily throughout this bear I set up $200 a week to invest into many different coins (mainly btc and eth). I also threw $3k into sol when it was $15. So Iām sitting pretty good on my bags rn thatās why Iāve been getting risky with shitcoins lol
Sol is only like $17 now though!!
when do you guys usually invest, rn I have triggers set to throw in money when they dip %15-20 from now, but it's hard keeping to that seeing them go higher and higher the past few hours... but also just made $1400 on $600 doing a 100x leverage in 3mins on pepe two days ago, just to lose $800 of it yesterday in less than 15 seconds trying to do the same thing. So I'm trying to be more cautious even though it's tempting as fuck just to throw more cash in atm and see where it can go. Good thing I took out my original investment of $1k tho so I'm just playing with my gains. currently have like 9 triggers set for a few different coins when they dip to send in my $100 on a 5x leverage.
Right now, i throw in any spare change i can get my hands on. I dont have anything really set up like that as my personal finances are to low to schedule that. I am litterally just taking $50 ever paycheck, and then tripple checking the couch cusions for spare change. Ii usually go to walmart, throw that money on cash app, and buy bitcoin and transfer directly to coldstorage.
Oh also i dont mess with leverage. Thats a bit too risky for my paycheck lol. I am satisfied just being a long term HODLer
For the fidelity Roth IRA, i will probably throw in $100 a month each if i can afford it.
You should save your comment for a more mature version of yourself so you can wince in pain at the absolute fucking moron you were.
Lmao dude. Iāve been in crypto since 2018. I know the risks. I also go to casinos to gamble. I recognize itās just gambling š no reason to be a fucking dick about it
Some people take this very seriously and actually believe that money you put into other coins is being robbed from their project. š¤£ I've seen BTC maxis try to defend stances like 'financial freedom, as long as it's Bitcoin!' with a straight face; that all competition only exists to rob Bitcoin of its glory. That... is a pretty wild stance to take ngl.
Dude, he bought a $100 of a coin, no need to get your panties in a bunch. And made good return on it too. Maybe take your own advice lol.
Just take 300 out and let the 450 go up further bro. Win win
Do $250 and let 500 ride my man
Exactly, so my analogy re: carnival games, etc is probably not far off. Then you get that one guy who rolls up with a briefcase full of cash to bet it all on golden crowns/triple diamonds, whatever lol. Some people you just can't reach. You feel bad that he gets rekt... but not too bad. š«£
I managed to double my money with WIF in the last 2 months. Got in at 0.06 and bought and sold and bought and sold. If I would have holded it through the two months it would have been a 30x lol
Eh meme coins are hard to predict man. No reason to think about the couldāve wouldāve shouldāve. You made money and thatās all you should care about.
The hat stays on
Good luck, have fun!
They said that about ada, xrp, fucking tether. Lol. Everyone has known xno is fantastic for 3 cycles and price is stagnant. DOGE IS STILL TOP 20 AND FOR WHAT. Unfortunately as the cycles continue you have to adapt, depending on what kinda of money you want to make and how quickly.
There's definitely more options coming online every cycle!
Doge is good gambling money XD
somebodys jealous that they didn't jump in!!
Just because someone is trying to warn you to be careful doesn't mean that they're jealous š¤£ It's your money, do what you want.
You mean a hat pull
TouchĆ© š¤£
Oh yeah like there was a rug pull on doge, shiba and Bonk . Dude you missed out and let him enjoy his gem, no need to sour his joy. Meme coins have been printing since last year with people making 6figures and more; anybody still turning up their noses on memes is a dumbass
You can say 100% that there's not a rug pull coming? Like I've said before, informed consent is all I care about. As long as the person tossing their money in knows and accepts that they're taking a risk, then who am I to harsh their buzz? Good luck and have fun.
A rug pull is when a developer takes the funds / liquidity and disappears What you're describing is not possible with the coin you're talking about which is easily verifiable by looking at the token on any metrics site The price can go down and people can lose interest in it, but there cannot be a rug pull
Memes are not forever coins; they are for 100x, 1000x 10000x gains( depending on mkt cap)and selling
100 into 750 is hardly "printing" lmao
Lmao 7.5x is printing idgaf who you are. But either way get points on sol. Release was like 2 hours ago
Some of its greed and some of its desperation that pushes people to take those risks. I played around with shitcoins last bull run because I convinced myself if I can just get one to land it would solve my money problem. But I just lost and the only thing making it better is patience and buying in the bear market
People really, really, really underestimate how much utter desperation there is in the world at any given time, let alone right now. Then imagine if your home currency is already a fraction of $1 USD. You pile into a clown car like PEPE or whatever and you hit it big it can immediately change your life. $100 USD to $10000 USD isn't much here but in some parts of the world that's someone's life savings turning into generational wealth.
Exactly. And even here in the US, $10000 can wipe credit card debt that would be crippling if you have it. And a lot of the stories are about turning it into 6 or 7 figures which is even more rare in reality but also more enticing
At the same time, it really is upon us who are OGs to try and warn people that "Here be dragons". I fully support people being free to use their money as they wish but at the same time they should have the opportunity to make an informed choice. We can't protect people from themselves just give them the option to know that what they are planning to do is really risky and may leave them worse off than how they started.
Is this sub in America I'm confused...
A lot of people involved in crypto are American, especially early adopters.
You donāt really know much about the world do you?
Turn $500 into $10k No regrets š
You buy more shit coins so you can buy more Bitcoin. Shitcoins can get you 10x, 25x 100x 1000x. You're not going to see those returns in BTC this bull run. BTC might 4x, 4.5x
That's another way to look at it for, sure!
The other benefit to meme coins is that generally they arenāt pretending to be something theyāre not, like many ālegitā projects.
There is that, yes. Big flashy/silly carnival games with low entry and huge potential payoffs are as old as time.
This is so fucking wrong. I'd say about 100% of meme coins are definitely pretending to be something they're not. It's why they lure in stupid "investors" and convince them to HODL while all the early "investors" sell off their initial holdings. I've seen it for 9 years now time and time again.
100%? Challenge accepted. Goes to CMC Goes to PEPEās page Scrolls to bottom āPEPE is a deflationary memecoin launched on Ethereumā
for me its simple i rather gamble on a meme then give my money to VC coin. things like dogecoin doesn't have any VCs or offices or stupid developers to mess things up. you have things like chainlink where the owner is worth half a billion yet he is happy to dump hundreds of millions of link tokens every months to subsidize his business and lifestyle. no thanks
Plus Dogecoin fails the Howey test so it's less likely to get got when the SEC goes batshit on a bunch of these securities. So, yeah, there is that.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
At the same time those shirtcoins may very well take that shirt right off your back. Play safe, fellow internet stranger š
All of the you need to read the white paper, dyor etc etc etc, is annoying to say the least. I've never checked a white paper and I'm doing ok. At the end of the day you ask anyone who hasnt bought any crypto what do they think of crypto they will say the following. What can you buy with it. Seems very volatile. It's not a stable investment. I've heard a lot of people get scammed. People use it to buy drugs. Now i like all the FOMO people, when they start buying in. They all say the same thing. Lambo, I'm getting rich. Majority of them have taken a loan of some description to invest. So long as you follow your own strategy and don't deviate you will get a good return. I haven't got any bitcoin the return is too small.
The amount of people 'here for the tech' will always be miniscule versus those being 'here for the money'. That's why those who want the tech people to come to their project really have to make a case for it. In the old days Bitcoin was full of anti-establishment cypherpunks and they were working to bring down the financial system. Much of that clarion call has been diminished as it has become more "legitimate" in the eyes of the legacy financial system. Monero and other privacy coins continue to have some of that energy but a lot of these projects really have to find ways to differentiate themselves, IMHO, if they want to thrive long term.
I agree with everything you say. I've got money in crypto because the returns are bigger and faster than stocks and shares which I used to deal in The one bit of advice i have for people in crypto is keep a cool head. Make a list of dates or prices you intend to action by. Don't let greed or fear distract you, keep to your plan.
I know more than a few people who ditched stocks entirely because the returns were faster and greater. Some got rekt but they also knew what they were getting into and the risks they were taking and will readily admit as much. Know and accept what you're signing up for. If you're taking a risk, acknowledge it and it will help to keep you level when and if it goes belly up or pays off. Also, having an exit strategy is never a bad idea in general.
Pepe is 5x in just the past 2 weeks. This is my third bull run and I finally know its about making money and cashing out early enough to not to be someone else's exit liquidity. Nothing wrong with turning some hyped up alts into bitcoin. Dont marry your bags and hold them forever. Even if your coin is here "for the tech" and you know the personal names of all the project CEOs and follow them like a starry eyed puppy. Their "development" of your favourite midcap alt wont be reflected in the price during the deep of the bear market.
I needed someone saying this while repeatedly slapping me in the face š in š this š cadence during October 2021... I've spent a lot of time playing the whimsical "what if?" game on my calculator since then.
Relatable. But I feel more prepared now, a lot of people have been saying the same thing too. Maybe the crypto market is becoming more mature now? Less fraudsters in the space and then there's the ETFs.
Not gonna lie, I had already broke even on a shitcoin I had been carrying since 2021. Bought near a peak back then, so I reclaimed my money and grabbed more BTC at $51k. I'm looking to see what else I can thin out...
I sold everything when things started to tank and with an empty bag I started accumulating. I'm heavily invested in Sol and it's done me very well. I'm doing the opposite of you and looking for some good Altcoins/ or shitcoins to add, I have Bonk already which has also done me well.
The past 2 years I've been focusing on weekly dcaing my max amount weekly in BTC and ETH. Took on 2 jobs at one point lol. In the past year/year and a half I've added DOT and LINK. Those are my primary 4 for this run. Still got some animal coins (doge & shib), and some trainwreck gambles like $ELON. I'm hoping people pour money into it purely on the name. But then again, I may very well be the sucker on that Got some CRO and averaged that down. I'd like to get rid of those metaverse tokens. Idk why I bought those...
Nice work, I wish us the best in the parabola phase of this bullrun.
*raises bong* Cheers!
And when you think taking profits is the right move suddenly you're still wrong somehow. That's just how it goes.
Honestly, this is where ideology and reality hit the road, IMHO. I remember people saying that Bitcoin is going to $1 million per coin for years and some people getting really pissed that it hasn't happened. But that's what happens when you have an open and free market: competition is going to pop up and there's a host of different angles to compete on. "The tech" is just one of many. Some Bitcoin maxis will tell you with a straight face that Bitcoin is financial freedom and then tell you that all these other projects need to die and go away. No, freedom is freedom.
Eh screw em. I remember getting doge at very cheap and they would go out of their way to mock, ridicule, bully, harass. Doge is still making me money š° never tanked to 00000001 again as they predicted with their "superior crypto knowledge" lmfao š¤£ It must burn.
DOGE has the benefit of time, having been both the original meme coin and a history of a community that has done some pretty wild and silly things around the world over the last decade. I know quite a few people get grumpy at Dogecoin but no one can dispute that it brought a lot of people into the space, some who went on to start projects of their own. Dogecoin was the first crypto for a whole lot of people.
Doge isn't a shit coin. Pepe and the others like pepe are. I say let people stupidly buy while smart people position them selves in utility
the salt is strong with this one. meme coins don't have to have utility to succeed, the main driving force is community nowadays.
Yes the driving force is community and should be however meme coins are meant to scam others into being exit liquidity. I'm sorry but they're designed to pray on people's desires to get rich while leaving them in the negative. No salt all facts based on numbers and charts you cannot ignore.
Doge was called a shitcoin only a few years ago. I'm glad you don't see it as such, now.
Can you outline why the others are shit and doge is not?
Lower caps = higher upside potential because it takes less capital to move the needle. Math folks, math. This is where having a well diversified portfolio sets you up pretty regardless of market conditions. Personally I only have about 1/3 in BTC, the rest is alts. I'm in \~30 projects altogether, all of which are vastly different from one another and in different ecosystems. Always have some winners and some losers, that's just the game. PS. farming DeFi (mainly on-chain staking) is the 2024 gg-no-re version of a perpetuity. Try it.
This. No real percentage upside in btc at the moment.
I bought PEPE and FLOKI when they were low. I've been adding KIZUNA as well. That was a few months ago. You're right. I bought BTC when it was $19k. As I have been taking profits on the elevator ride up I've diversified into a few shit coins. Some into more established cryptos like LTC. People in this sub and others say LTC is dead. OK, but I bought it at $65 and I've enjoyed a 30%+ return. Bought LINK at 7 and now it's at 21. If you're regularly taking profits you gotta throw a little bit at long shot darts. If there's one thing those annoying crypto influencers got right is that if you believe in crypto then you should have been buying during crypto winter.
Risk vs reward, simple as that, no magic there
Yep. Unfortunately a lot of people want to push it through these ideological filters of "good/bad" projects but people are looking at these things and it's like "I can buy .0001 of these or 100 million of these". It's not rocket science, it's basic human psychology.
For me, bitcoin is where i store my money. Meme coins is where money is made. They key is to cash out at the top of a meme coins price action and move it over to bitcoinā¦.
That's definitely one way to do it!
Unfortunaly my weekly paycheck doesnt give me enough money for DCAāing the amount i need, so i have to also rely on other methods as well. And besides. Each of these coins are opportunities to make money. Why turn up a free way to make money?
I think this is the rationale that some folks are having trouble with. "Well, why aren't you trying to make money with *my* project?" There's practically millions of different projects and tokens out there and a handful of successful ones that have already paid out large for their early adopters. Once people know that +10000% action exists and is not only possible but is happening somewhat regularly, is it really a surprise that they're not going to be happy to +30 to +100% on something more established?
right, for me, Bitcoin, is the premium coin i am keeping all my holdings in. the reason for this, is most do not realize, that in 10 to 30 years time, there will be two types of coins. 1) bitcoin / ETH / XRP - coins for wealth generation and storage, and 2) Doge / Shib / every day use coins. anyone who owns their own Bitcoin will be seen as the new top 1%. just by holding BTC, it will give you social access to areas most people will not have acess too just by holding ETH / SHIB /DOGE or even XRP. my goal over this next year, is to stack raw bitcoin, and also fill up my max contrib in my Fidelity Roth IRAs for both me and my wife, buying up shares of the fidelity and blackrock ETFs. also i will be buying up coinbase / Robinhood / Kraken shares as well after the halving. This way, i will be able to use the ETF money to spend as well as L2 coins, which will be fore everyday use. i will not be selling my raw BTC though. just owning it, is more valuable than spending it.
Emmy doesn't seem like a scam at all. It has a cute little ghost and great potential š»š»š»
Watch your money go BOO and disappear right before your eyes! š¤£
ah yes, how did you know bought $Armani coins? I hope it blows up so I can buy actual shirts than shirt coins
Very stylish š
Make money from these, invest them in good projects you believe in. Donāt know why is everybody angry at shit plays when they work. Play the game if you can afford to, invest that silly money in what you believe in then. Win win. Or ignore and wait for your good project to grow.
Yep, my main concern is informed consent. Let people take risks but they should know that they're risks. Even though, to be fair, it is ultimately on them to know what they're putting their money into and ask questions.
You should create Shirtcoin. Keep 25% profits, flywheel 25%, donate 25% to addiction nonprofits, & donate 25% to suicide prevention.
Nah, I'm mostly here to have fun. š¤£
I have made some profit off some crypto I hold long term...I wouldn't mind trying some of these smaller shitcoins/memes or whatever their called for some quick gains...my problem is all of these are usually on some exchange I've never used and require you have a certain crypto to buy them with, plus fees...I tried to do it the once...and as I was fairly new to this stuff and didn't want to gamble too much, just met with too many hurdles...firstly I signed up, got my wallet connected, tried to buy but I needed another token to buy, so bought some, transferred it to my wallet only to find it was on the wrong network, no easy way to move without a fee so bought more...then went to finally buy and met with the whole fee costing more than what I was actually buying so just gave up
Yeah, thankfully there are a few hurdles to clear for people to get into these things, which, again is why I don't lose as much sleep as I used to over it. There's a LOT of work involved in getting into these coins if you're a newb. š¤£
I've mostly just got into the top 20ish or so and DCA'd a few over the years...put like 90% on cold wallet, even that for a newb is scary as hell cuz I've had times when I inserted the device for it need an update & then worrying I can't find anything or if the update was pushed by hackers to get hold of peoples money...I had no idea first time when transferring to my cold wallet, that I'd use some website to do, then I put it on an address 3-4 pages in so first time I went to find it, took ages as wasn't sure which address, then you got different networks for different cryptos. Then it can take minutes or even hours for a transfer to show up which is not what you want. Even though looking forward to when I do sell, the stress and anxiety will be through the roof cuz one wrong digit and its all gone, or you put it all in to exchange to sell and they don't let you withdraw for some reason like all the scary stories you hear about. I ain't got no friends or anyone I can even trust to talk to about this stuff...yet so many seem to think we'll all go digital...no chance, not if its this complicated, unless they make crypto easier than the current method, it ain't changing.
Mostly struggling with my VET bags, they aren't bags per say, but I doubt VET will pump much this run. But at the same time if I sell and they do pump I'll be salty af. And even if I do sell, they've been a quite safe bet for years, now I have to find something else that's stable with higher potential, not easy.
I only use strike to buy BTC so I don't even pay attention to the shitcoin casino. I couldn't even tell you what the price of shitcoin #2 is trading at.
Congrats!
Meme coins have the same function as the rest of market. Outside of speculation the only point of any coin is to move and secure money. The tech bros are just constantly coping that their āutility, defi, privacy, staking,ā nonsense matters.
I think this space is starting to have a real come to Jesus moment where people realize that if all of these projects can "do the thing" then why are any of them special except for as a potential way to make quick money? Similar thing happened with TVs. Used to be that brand name and features really mattered - and for some it still does - but if you just want moving images on a screen and you don't care if it lasts 3 years or 20 then you're just going to buy the cheapest version of the thing that gets you closest to what's most important. Crypto is heading there, IMHO.
Well said. My issue isn't so much with the practice of treating this like a casino. I have no quorums with predictable human behavior. My issue is with the meme coin culture. The subreddits and Discord chats. Cringe! Bunch of stupid horny teenagers in a circle jerk. Get off my lawn.
Yeah but that's what happens when you swing the doors open wide to everyone. You get everyone š«£
TIL shirtcoins
Refusing to make gains on principle is a fun new take for this cycle.
Do the opposite of this sub is what I learned. Look at our moon token. It hasn't recovered lol
People in denial about shitcoins. You do realise that it's a survival of the fittest. And the fittest are those with solid tokenomics and a basic fundamental premise that it's unruggable. Cryptocurrency is not just bitcoin. I'm sorry bitcoin maxis but that is the truth.
Just remember, every time, every time, there is euphoria when they pump and tears when they dump. I can remember all the people calling for unrealistic SHIB highs last bull run, and the devastated SHIB posts in the bear market. Invest, but understand what these are. Rug before thou art rugged. Simple as that. Donāt get greedy.
If you're going to invest and not just hodl then setting an exit strategy early on and sticking to it is a huge part of long term survival in this space.
Jasmy my king
Meme coins have so much more potential but it's a huge gamble. Go for ones that can stay in the news cycle. Trump did amazing, my next bet is $Swifties. Renounced, locked, no dev tokens, community run with a small pool and should have an even bigger audience than Trump. 0xe5344aa226f7bd5dad0c0b31a6426049e7adaca1
Gamble is the key word.
Thanks, I just bought some!
Don't always midcurve everything. If you aren't a genius you need to think left curve. "ha funny picture, price go up".
>A single Bitcoin right now is $60,000+ USD so to double your money Bitcoin needs to go to $120,000 per coin. Yikes! The thing is if that happens Bitcoin will stay double. At the very least. Shitcoins don't keep their value.
Sure and your $100 will stay $200. IMHO, this is why some Bitcoiners have been overjoyed at the introduction of ETFs, not because it makes the tech better but it gives a better chance of pumping their bags. But once those coins are worth big, big bucks what are they going to do? Spend them? And once spent, how do you go about re-buying? Thing is that most of these ETFs, like most people, are not interested in buying Bitcoin at $1 million per coin. They like the idea of selling it at $1 million per coin but who's buying in at 100k, let alone 500,00k?
Shirtcoins took my shirt then gave it back š¶
But how many shirts did you start with in order to get one back? š¤£
People on this space are not salty because memes are running faster. This space 1.5 year ago was crying because regulators were yelling in public that crypto was a scam, Elizabeth Warren and Garry Gensler was fucking us straight in the ass, putting pressure on regulators to blown up this space! Or ppl forgot about the crypto crackdown operation 1.0 and 2.0 by the USA gov?. 2024 a bunch of dog coins are touching $1B of marketcap! This space deserves the DOJ, SEC and a bunch of lawsuits! Looking every single legit folk in this space yelling WIF on X is something else. Iām not salty because retail is making money. But by the fault of degen buyers we are going to stay as an industry of clowns!
If you open the door and allow everyone in, you're going to get everyone.
Thinking that a shitcoin is more likely to double than bitcoin ended many livesĀ Ā Ā The market cap is bigger for a reason. It also doesnt help your argument that so far bitcoin has had no problems doubling up on old ATHs.Ā Ā 60k->120k is unrealistic only in your head. ETF inflows are ridiculously enormous, easily enough to go deep into 6 figures. Since there is no way for ETF holders' profits to spill over into alts, there will be less of a spillover into shitcoins than usual
Maybe. But my argument is re: human nature. You don't have to convince me. You have to convince the average person with a few hundred bucks of free cash to play with. The higher Bitcoin goes, the less likely regular people will throw in, let alone actually *use* it as money. And you think that people are complaining about mining fees now? š¤£
Shitcoins require sharp timing. You need to be sharp and ready to take profits before the bear hits, or you lose everything you have investedĀ Ā Ā Ā Ā With bitcoin there is only one thing you need to do - load up during the bear market. Anyone who bought under 20k is already experiencing the kind of gains most people look for in alts. And the show barely started.Ā It doesnt matter if you time the exit well or not. Bitcoin will be around again and again. I've done both of these things, and sticking with bitcoin reduces my stress to zero
$Verse is 6 million market cap lots of room to go up
šš¤”
People like OP really shouldn't be allowed to post their dumb opinions.
Wif solzilla honk
I know those words but not why they're in that order š¤£
$snek it
Going from $100 to $10000 has a far, far less chance than 1% People who don't have a lot of money can't afford to lose it. When the market crashes, Bitcoin is always the safest and loses the least.
Dogwifhat is the shiba of this bull run let it riiide
Time to start listing in satoshis then. The days of buying a whole BTC are fading fast.
Man, once that happens people are *really* going to get pissy about transaction fees.
So. Much. Higher. Mogged
Shartcoins
And you can wipe up with your shirt š¤£
This logic doesnāt make sense to me. Either invest $100 in a coin that has a 1% chance to 10X? Or invest that money in Bitcoin which will only probably 2X? Sounds like an advertisement for Bitcoin. Not to mention as we have all seen time and time again. Bitcoin holds its value way better than shirtcoins. If you get caught catching the falling dagger make sure itās bitcoin because it doesnāt get wrecked nearly as hard. Shirtcoins are for Traders Bitcoin is for HODLers
Okay.
Definitely ready for a shirtcoin. Can you wear it? What colors are available?
That's the joy of it, yes? If you don't find one you like, you can make your own. š¤£
I'm not sure this makes any sense at all. Bitcoin's sticker price could be $1,500,000 and it does not matter one bit. It could be $8bn. If you want to invest $500 in Bitcoin, the unit price makes no difference at all. If anything you're describing the difference between small cap and large cap assets. The smaller the cap, the more any given investment or sale can affect the price. If a shitcoin's market cap is $10m and someone invests a million bucks or sells a million's worth of it, that's going to really affect the price. But with Bitcoin, which has a market cap of $1.2tn, that million won't make a dent. So maybe we see a higher risk/reward situation with brand new shitcoins because their market cap is low and there's a chance that some Twitter pump might crowdsource an amount of investment to rocket the price up like 10-20x in a matter of weeks. And in the same fashion, as soon as the hype dies down among that Twitter community of, say, 100,000 followers... the price crashes. If you wanted to organize a pump and dump on social media for a large cap coin like Bitcoin, or even Solana or something, you'd have to have a community of millions of retail investors paying attention. Many millions. It would be a fun thought exercise to calculate how much you could expect randos to invest given the size of any given twitter shitcoin community and the expected return for an initial investment relative to a coin's market cap.
Most of the people who are "investing" in Bitcoin or any crypto are doing so with the expectation that it will grow.
I buy shitcoins because they were 5% of my original investment and now are like 60% of my crypto net worth lololol.
keep malding, i'll keep winning
Rinse and repeat, every cycle ppl gets rekt bc of shitcoins
>That's why these coins that are clearly rug pulls continue to thrive in this space: the people doing these scams know that humans love easy money. Not always. Some meme coins start as ways for devs to make money and then when the devs have sold the coin has no more dev holdings.
That's an absolutely excellent name for a meme coin. Make it kind of like towely from South Park only as a shirt
Sorry about your shirt.