Quote from: Futurexxx on Today at 03:39:39 PM

Quote from: Japinat on January 27, 2025, 10:58:04 AM

It’s very similar to HYIP schemes, those who get in early make the profits, while the latecomers bear the losses. What else can you expect? This is just a meme coin riding the Trump hype wave because of the newly appointed president. With all the hype, the coin is naturally overvalued, but as that hype fades, the price will inevitably start to dump.

The key here is simple: get in, get out fast. That’s how you play it if you’re jumping into something like this.

These late comers will definitely feel the brunt of coming in late for a token like this, a token that is just over hyped and is politically motivated, as at the current value now, it is $12.85, just imagine the huge loss some investor may have incurred, especially those that bought it above $50 dollar, and looking at it and the crypto market today, that crazy frenzy that spike it value to such figure is gone, so their is no probability that it can go above $40 again, because their is a higher probability that it might dump more further, than it recovering it initially launching price of $26, so the best way to go about it, is to cut your loss if you are already holding it now, because if you don't do that now, you stand a chance of losing even more than you can ever imagine.
So I believe that this trump coin will stand as a very big lesson to those investor that invest in anything they see in the market, because of greed for 10x to 100x

How long has it been since there have been such lessons? And do you think this will be a lesson? People don't even learn from their mistakes. They make the same mistakes many times. After all, the desire to get 10x profit or even higher overshadows all risks and people think only about profit, not about losses.

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