
I saw this on X, formally known as Twitter, and I decided to share it here so that some people can see the reason why JayJuanGee keeps saying we should not invest in altcoins and shitcoins.
This is something serious, from a $10k purchase of that shitcoin to $129, I strongly believe it is a memecoin, just what they are known for. I am still on the thought as of why people will prefer embarking on investment like this, I see people here who call it greed, seems like I have no other choice than to accept as fact. Excessive haunt for profit has ruined many investors and investment, these investors are completely aware about the effect and repercussions of dealing with massive funding into shitcoins if it goes the wrong way, at which it is clear that these shitcoins are 99% expected to dump than pump. It is now a matter of had I know, he should have insisted on investing in Bitcoin but his pursuit for bigger profits has landed him in a doom.
It doesn't matter whether if it's a meme or just another shit project, just imagine how much he has lost, and you would still find some persons talking about diversifying into altcoins on this trend as tho they have any value in them, if this guy had used this 10k to start his bitcoin investment journey and maybe splits the amount into 4 parts and used a part to front load his investment with a lump sum buy he would have 0.038 bitcoin right now to start his investment journey and even if you divide that amount in halve most of us here have not even been able to invest such into bitcoin since we started. We'll he got what he deserved and I think he should learn from this.