Post
Topic
Board Trading Discussion
Re: Short Term Trading Altcoins and Meme Coins?
by
Fredomago
on 16/01/2024, 10:29:28 UTC

Not sure if what knowledge can do in meme coins since all of them are the same. But maybe it helps us to be aware if what meme coins are going to get pumped and if how long we are going to HODL them. It gives us a gut as well to take a risk on them. Any cryptos can fall anytime without prior notice. It's just that meme coins can hardly recover anymore.

Logically right! meme projects are all the same, being introduce to gather investors and traders attentions for the hype that possibly to take place, though you still needs to have that information to interpret the possibility, no assurance and we can't really tell when the pump will going to happen, speculation and just a big-nerve to invest your money then wait for the actual outcome.

Quote
There are also whales in non-meme coins but it's just that meme coins are more easier to manipulate. But, a lot of us who invest in non-meme coins can still suffer due to the whales. Their main intention is to profit and not to play but sometimes they need to disrupt our thinking if they experience some difficulties or if they want to earn more.

Indeed right, whales are everywhere and they are good in putting their money to whatever project they wanted to play, artificial market movements and capable to either pump or dump the project real time to create panic around, they all have that freedom as riders will always grab that opportunities and mostly become a victim of that whale dive.