So even if some people get scammed, that’s fine because you already have a strategy to minimize risk or maximize profit?
What you’re saying is, we’re gambling on new coins with low market caps, and it doesn’t matter if the project turns out to be a scam? Can you explain the real purpose behind this?
There's no strategy unless you also become a rug developer or have some good relations with famous influencers. That's how those meme coins work and if someone who's new and who doesn't really know how the market works then that person will end up losing everything. Some projects are genuine but it's hard to find those. I somehow bought the OP peanut coin at $30M market cap and sold it with 50% profit but that thing went viral and within few days that thing crosses $1B market cap if I remember it correctly.
Such things happen, I bought ACT I when it was at $4M market cap and sold it at $6M and that thing crossed $200M market cap. Such coins do exist but majority of the coins are just launched with rug pulling intention and that's why new traders or meme coin degen hunters often end up losing their capital. That's why I believe one should stay away from those coins at any cost because one can literally lose $1K within few minutes or in some cases within few seconds.
Yes who want to buy high mc let them do it.
But smart guy on x told me something who Im following it changed my whole mindsed of business Investment and risks:
Quete:
"Smart calculated risks are always best !!
When odds are against you by probability and possibility theory then you lose even If you are winning few times but at the end you you will lose!
So calculated risks when odds are on favoure to you not against are best risks!"👍