Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.
2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.
3. Be realistic and don't join the FOMO since this could lead up losing your money.
4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.
5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.
1. It was just money grab made by whales.
2. Called themselves devs without having software engineering skills, maybe social engineering for how many gullible people they made exit liquidity.
3. The better move is to make your position early and if it passed already few hours, don't enter.
4. Diamond hands until the volume is going down which is a good indicator to sell out first before anyone does.
5. Unrealized gains are nothing until you sell and that is where you made a real profit.