11-12-2021, 10:31 PM
When someone tells you they made a fortune on a shitcoin — you've absolutely misse
<!-- SC_OFF --><div class="md"><p>It amazes me how people mindlessly give out to FOMO.</p> <p>I mainly notice it with shitcoins, perhaps due to the narrow window of opportunity and zero purpose other than finding a grater fool.</p> <p>So shitcoin shills advertise and lure new buyers with slogans like "Already 100x up!" or "Turned $100 into 1M or something" And then there's videos of "investors" flexing chunks of cash.</p> <p>What surprises me the most is how on earth does that even work??? </p> <p>With a little bit of logic — you're already too late when it just did a 100x or 10,000x and early investors are taking profits (and flexing them too). <strong>They literally tell you to please be the chump to dump their bags on.</strong></p> <p>Someone says they made 1,000x or more on a shitcoin here — and they immediately get questions like "which coin, where buy, pm please".</p> <p>If you want it that bad — keep your tabs on it, add it to your bucket list. When we crash again — buy it cheap and hope it revives. But by that time, when it tanks, you probably won't want that much...</p> <p>A legit crypto can go ATH after ATH, year after year, and still needs corrections. Shitcoins are all about pump and dump. So beware of FOMO.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/inevitable_username"> /u/inevitable_username </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qs98kk/when_someone_tells_you_they_made_a_fortune_on_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qs98kk/when_someone_tells_you_they_made_a_fortune_on_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It amazes me how people mindlessly give out to FOMO.</p> <p>I mainly notice it with shitcoins, perhaps due to the narrow window of opportunity and zero purpose other than finding a grater fool.</p> <p>So shitcoin shills advertise and lure new buyers with slogans like "Already 100x up!" or "Turned $100 into 1M or something" And then there's videos of "investors" flexing chunks of cash.</p> <p>What surprises me the most is how on earth does that even work??? </p> <p>With a little bit of logic — you're already too late when it just did a 100x or 10,000x and early investors are taking profits (and flexing them too). <strong>They literally tell you to please be the chump to dump their bags on.</strong></p> <p>Someone says they made 1,000x or more on a shitcoin here — and they immediately get questions like "which coin, where buy, pm please".</p> <p>If you want it that bad — keep your tabs on it, add it to your bucket list. When we crash again — buy it cheap and hope it revives. But by that time, when it tanks, you probably won't want that much...</p> <p>A legit crypto can go ATH after ATH, year after year, and still needs corrections. Shitcoins are all about pump and dump. So beware of FOMO.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/inevitable_username"> /u/inevitable_username </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qs98kk/when_someone_tells_you_they_made_a_fortune_on_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qs98kk/when_someone_tells_you_they_made_a_fortune_on_a/">[comments]</a></span>Kind Regards R