Post
Topic
Board Altcoin Discussion
Re: Not everyone get dumped on by Trump coin, some made furtun
by
SmartGold01
on 13/02/2025, 18:20:09 UTC
Those investors who were lucky enough to invest in trump coin when it was initially launched in the crypto market made a good fortune from it, while those investors who invested in trump coin when smart investors were taking profits are stuck as the trump meme coin keeps dipping, and their only hope of getting back their capital is if the trump meme coin can pump back when bitcoin achieves a new all-time high. Before people invest in meme coins, they should know the chances of them losing their money in meme coin investments are very high, and they should use the money they can afford to lose whenever they are investing in meme coins so that if they find themselves in this kind of situation, they will not find it hard to survive.

The Trump coin saw it's peak for next two to three days of it's launch and since then its going down. Those who bought it at initial price of launch and sold it when it was over 50$ have no doubt made a fortune. While those who entered the market when price was over 50$ are struck and we don't know when they will be able to get there money back.

Meme coins are like gambling and in gambling, the winner is the one who knows when to stop (exit). There are no fundamentals associated with meme coins and you need to be quick in deciding when to enter and exit.
I wouldn't totally agree with your statement that the winners in meme coins are the ones who know when to exit the market rather than the winners are the ones who have the chance to invest their money in meme coins when it was launched and exit the market once they are in profit without being greedy. With the current situation of the crypto market and most coins that are built with utilities keep dipping, it would be difficult for Trump coin, which is built on hype, to recover from its price, but if more liquidity can flow into the Trump coin, there could be a chance that it will start rising because the hype will be there again.
What you must know is that people wouldn't want to be trapped the second time and even though the Trump coin gainned back momentum and build back itself position, it would be hard for people to fully dive into it again to make investment after all they have passed through. I know there are some investors who doesn't care about being trapped or not, they may see it as an opportunity to utilize their profits they didn't when the coin were pumping so when they see any little changes in the market they don't mind dumping as well to take quick profits from their trades or short holdings.