correctly. if we realize that it is a fact that shitcoin is a coin that will only get a momentary profit and usually it is caused by hype. if a particular shitcoin doesn't get great hype, it's obviously just going to be 0.
This kind of thing is sometimes ignored by those who believe too much in shitcoin that it will soar like saving stones and hoping it will turn into gold.
like in the past few months there have been several shitcoins that are hype and are being talked about, at that time the prices became higher and starting today the prices started to dump. it has become one of the clear evidence that shitcoin is indeed not feasible for the long term and only for the short term or to get quick profits.
instant or overnight mindset, it must be avoided.
I don't invest in shitcoin because of my proven and tested system. When I was new in the market, I keep finding the next 100x altcoin and it is one of my regrets because it made me greedy and lose my capital in my early journey as an investor. Anyway I stop it and I just trade good altcoins with my system and I'm glad that it makes me a profitable trader. There are a lot of hype altcoins and we should avoid it, for those people who keep riding the hype then make sure that the money that you are using cannot damage your psychology and it is just a spare money because most of it are scams where after the hype, the massive dump appears.
well that's it. because someone who is greedy certainly starts with wanting to profit 1000x and thoughts like this will always be in the mind causing investors to become greedy and lose their money.
if you see, a shitcoin that has pumped 1000x will definitely only pump temporarily and after that throw it away and will not happen again. almost all shitcoins are like that, so you have to be careful with incidents like that.
it's actually quite simple to get more profit choose altcoin or bitcoin by saving a large amount and holding it for the long term, it will be better.
but I am not giving financial advice.