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Showing 6 of 6 results by Playbuddy
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Topic
Board Altcoin Discussion
Re: CZ’s Dog and the Wildest BSC Chart You’ll See Today
by
Playbuddy
on 16/02/2025, 06:18:49 UTC
I've seen this too and people were initially complaining that their tx only got through when FDV is already too big and not too long after, the snipers dumped the market to the bottom floor essentially rugging people and now price seems to be climbing up again.
but honestly, the only golden time to make entry into this kind of meme is when you're early and fdv is too low, after that golden time passed, I just instantly lose interest.

I know well enough that most of meme that were so popular they reached billions of FDV not too long ago already hitting their ATL with more than 90% price decrease. if i can get a good price, I will entry, otherwise, hard pass.
My question now is how do you find these projects very early, and how are you able to tell the ones that would do well, although I know for this one it was a bit obvious because of the attachment to CZ.

But generally what is the tell, because despite how relatively popular this one was, I only found out when the price was around 0.13 on Bitget, and even then it was already on a downward trend. 
Post
Topic
Board Bitcoin Discussion
Re: What does the current downtrend mean for Crypto?
by
Playbuddy
on 06/02/2025, 00:25:46 UTC
I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.

Yea, it's another pull back and it is a norm in bitcoin price movement because it's a volatile asset. We are still in the bull run and I am hoping to see a price above $120k as the peak price in this circle. However, this is an opportunity for you to buy more Bitcoin if you have the funds available. Don't panic but hodli with happiness.
How do you know when it's a pull back and when it's just the beginning of downtrend that would last for a while?
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Topic
Board Bitcoin Discussion
Topic OP
What does the current downtrend mean for Crypto?
by
Playbuddy
on 03/02/2025, 06:40:13 UTC
I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.
Post
Topic
Board Altcoin Discussion
Re: Are we close to the Altcoin rally?
by
Playbuddy
on 31/01/2025, 23:11:16 UTC
The truth is that, during bull season, it's not every altcoin that is going to pump and while Bitcoin price was surging high even before the halving month around last year, some altcoins was also pumping in respect to Bitcoin's price surge.
With regards to price history, this year is supposed to be when Bitcoin will reach the highest price peak before bear market will kick in and since we are not yet in the bear season, there's a possibility that many altcoins will still pump before bear season start.
I agree with you, and the way I see it there's still a good amount of time before we see the bears again.

I cannot say explicitly that any project would do well, but there are so many of them with potential out there, and very good use cases as well. Think of projects like Aave, decentralizing lending and borrowing platforms, or virtual projects like Sandbox, or even new ones with launchpools on Bitget like Anlog allowing us to build Dapps faster.

There's always something you just need to know where to look.
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Topic
Board Altcoin Discussion
Re: How viable are solana memecoins as investment options?
by
Playbuddy
on 30/01/2025, 23:18:39 UTC
How long do you think this hype around memecoins, especially Solana memecoins , will last ?

Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
I don’t think anyone knows how long it’s going to last, but you should know that meme coin is just about hype. Whenever a coin is being listed and it’s being hyped, then it’s going to pump, immediately the hype dies down, then the coin will dump, and you might not hear about the coin again, so the best thing is just to take advantage of the hype; don’t make meme coin a long term investment, because immediately the hype dies, you might not even hear about the coin anymore, and it’s going to dump. Also, I don’t always recommend meme coin investment, but anyone that chooses to invest in meme coins should do it with a little amount of money because of the risk involved in it.

This is my same approach whenever I want to invest in memes. And yes like with every form of investment, it's important that we approach them cautiously.
Post
Topic
Board Altcoin Discussion
Re: How viable are solana memecoins as investment options?
by
Playbuddy
on 30/01/2025, 23:09:47 UTC
How long do you think this hype around memecoins, especially Solana memecoins , will last ?

Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.

TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
The bigger question is how successful have memecions been since the hype around them started, also considering the current market conditions, what is the performance of the top memecoins at the moment and what is the percentage of the crash between their all-time high and current market price, if it loses in price is greater than half of the total ATH it means there is no potential sustenance of the market, so since we already that that memecions lack an ecosystem and depends on hypes for it price to get pumped it then means that it is open to manipulation anything which is not a good investment feature for any assets, so I advise you be careful when dealing with solo chain based memecoins as an investment.
To be fair, almost every niche in crypto is susceptible to manipulation, and I agree that it's more frequent with memecoins, but we still cannot ignore the fact that a lot of people also profit from the space, and by this I mean average traders.