Quote from: cryptoperkele on Today at 10:35:21 PM

Quote from: hatshepsut93 on Today at 12:32:16 AM

It's hard to predict which out of thousands of alts will go up, but what you can predict is that once a coin went up, it's bound to go down. Like, take the best performing coin right now, Dogecoin, there's absolutely no justification for its price, it has no adoption or promising features, it's pure hype. It's bound to go down, so if you carefully short it with small leverage, you're going to make profit. Obviously, the danger is in the known trading wisdom - "the market can stay irrational longer than you can remain solvent", but still the fact that pumped coins will go down is something that you can rely on.

I don't want to underestimate the power of the meme and i don't want to play with it. I don't have anything against doge but losing my money against meme would be worst. And yeah it should go down imho, but then again, so should many other and doge isn't even the worst one of them. It's a funny meme coin, at least it's not a blatant scam.

Not many crypto users are good at riding the hype. I truly understand that.
Sometimes it is better to keep your eyes on real projects with real use cases.
It is hard to trust a coin which has no clear future but depending on social media remarks.
That is actually scary to bet on. For me, it is better to hold coins that are established like eth and bnb.
At least you can say, they do have use case for crypto users.