Post
Topic
Board Altcoin Discussion
Re: How to determine the Total Supply of an unlisted Token?
by
cryptoaddictchie
on 11/08/2023, 10:59:01 UTC
You are righ untill you will be wrong. we are a moment after the bubble on meme coins. I personally know people who quit their jobs after the 2017 ICO bubble because they were so good at finding new ICOs. unfortunately then came 2018, 2019 and 2020 and their entire bag went to zero along with the DCA they did in 2018, 2019 and they put the family in debt.
Not only you knew people with cases like that. People should really be cautious on everything they do about investment like that. So whats your point? We should stop risking on trendy catch these days? I know you are suggesting but you cant stop some people from investing that they think got some worth in the future. If they catch a knife they know the consequence of it. The only bad part there is the newbies who blindly just imitate without even studying first or doing due diligences.

It's definitely impossible, when creating a new scam coin to send $100 in it to some other address and in case of success have an blockchain proof for article right?
Well anything is possible. Theres a lot of tools nowadays for monitoring and even checking the footrpint on chain. Some even did copy trading on these wallets that scout a good tokens. Plus there are plenty of bots to choose from though Im not using one. The point is why you cant accept sometime that this impossible gains are possible on these meme? Can you be happy some have gained on this? We all knew losses are part of it but thats part of taking risk. If youll advise some to avoid meme or any token for potential loss then why not suggest a stablecoin instead that doesnt have volatility.

~snapped
Thats your style mate and its good you are very cautious. Its good that you have a dynamics like that but we cant force anyone to do the same like you wanted too cause they have also their sense of style. Now these degen people cant be criticized because they dont have an approach like what you did cause that would be too judgemental on your part.


PS: I am an altcoin trader, holder, investor too. That bnb you mentioned I have holdings of it. Aside from those memecoins that I short time trade for profits and alts that has potential.