2M mc now damn sold too early

Easier to turn $100 into $1k trading s***coins than it is betting on sports

It’s just about investing in what you understand. If you’re deep into crypto, crypto is better. If you’re deep into sports, sports is better. Although I would argue sports is true gambling and is higher risk. Same with any investments, if u know a lot about insurance invest in insurance, tech, then tech. Etc

Better out too early than too late

Nope s***coining is still easier and faster too. Legit been hitting multiple 10x+ on s***coins the past few weeks

How do you get started

All investing is gambling

Whatever works for you

Eh it depends on what people consider a s***coin. Doge was a s***coin at one point. Bitcoin maxers consider anything outside of bitcoin a liability. But you’re right betting on like Eloncumrock10X is gambling.

Have a basic understanding of crypto

Learn how to set up and use a metamask wallet

Learn how to use Uniswap

That's all you need to know in order to start. If you can do that then you're 90% of the way there.

I don’t agree with this. Investing is done with information that can manage risk. You’re owning a part of a company or an idea. There is risk involved, but luck is a minimal aspect. Gambling is just odds, which are generally not in your favour. Investing is the opposite, it is usually in your favour and contributes to society. Betting on random s***coins is gambling, sure. But not real investing. But im sure you meant like this s***coin thing and didnt mean like index funds and stuff.

Some coins outside of bitcoin have a usecase, you’re hypothetically investing in the technology. Doge is easier and cheaper to trade and is not as deflationary. Etherium mining works to solve problems that arent arbitrary. These are new technologies with specific use cases. Yes it is impossible to predict which ones will be around in the future and they have a lot more risk than any other investment. Bitcoin is also without a doubt the safest option. It’s like we are in the 90s trying to guess what website is going to be amazon. That website may not even exist yet you know.

Wasn't that long ago when Bitcoin was considered a s***coin and it still behaves like one tbh lmao.

You can still do your due dillegence and research when buying s***coins and minimize your risk tho. It's not like i'm just blindy buying into whatever coin launches.

If you know how to read a token contract, holder distribution, and can track the token's owner/dev/deployer wallet you can avoid most s***coin scams/rugpulls. Also you can go into the s***coin's TG and talk to the dev and community directly to see what their plan is for the s***coin and by doing so you can usually sus out whether it's gonna be a flop or not.

You’re right 100%. It is gambling in the sense there is no current usecase for the technology, like with ethereum is what I meant. So you’re buying it for the short term. But there are lots of ways to minimize risk and make consistent money with it. Plus who knows, if somebody develops an important usecase with a defi token who’s to say it’s not going to be innovative.

LOL i seen this super early. Some people in a groupchat that I'm in got in at like 10k and sold around the top.

Bought another POW chain off xeggex. Seems like xeggex is the new gem factory for 1000x.

Check out $NIKI.

Check out xeggex.com/market/NIKI_USDT

twitter.com/nikitobase

t.co/yc5QZ8deyn

Current marketcap is 75k. Can see it pulling a 10x within a month similar to NEVO/SUBI.

NFA.

Not even remotely close. Far easier making money off s***coins than slots.

There's more strategy involved when investing in low cap projects and the returns are significantly better.

The reason people take Ls on s***coins is because they buy the top and don't get in early.

Bitcoin is king s***coin.

Hopefully ETH flips it next cycle.

If you're new to Crypto, honestly better to play it safe and just invest in Ethereum or even Bitcoin.

Get a year of experience and try to soak in as much as you can in this space before investing in low cap projects.

You can get burned pretty easily

Now days people use trading bots like Unibot, Maestro, Banana Gun to even further reduce their risk since it offers a lot more protection since they can use it automatically sell if the price drops a certain amount or if the dev tries to rugpull.

Yes it's still gambling at the end of the day but there's levels to it. There's no way i'd putting buying s***coins on the same level as playing slots because there's so much you can do to reduce risk and create a strategy to trade s***coins. Not to say there isn't luck involved either but slots is 100% luck while s***coins is like 50% luck lol.

Yes you cannot compare it slots I agree.

Yeah people get rekt with s***coins is usually because of greed or fomo. With enough knowledge, experience and the right tools you can avoid most of the bullshit with s***coin trading.

It's not hard at all to get early access and watch said s***coin do 5x + .

I knew people personally who made s***coins and gave me early access. Literally turned $100 to $4000.

The key is to get in while marketcap is $10k-100k. Take out initial investment after a 2x, then let it ride out.

Much easier doing this than gambling on sports.

The thing about your example is that you need to take out your initial investment after doing a 2x and let it ride. You can't do that with sports. That's just one part of the strategy required when investing in s***coins.

You called doge and ethereum a s***coin, point was just it’s not a well defined term and that I just don’t really consider those s***coins since they have a usecase. I mean everything outside of bitcoin is a liability, truly bitcoin is also a liability. They’re just not on the same level as the s***coins we see today, which at the moment dont have a usecase for their existence. I consider them gambling, but not the same as the slots or poker. Does that make sense? I think where we differ is how much we perceive the risk of altcoins like doge and eth.