While the price move on the btc seems exciting for tradfi... The hottest meme coin for today is LADYS which is related to the Milady nft project. Elon tweeted about it and sparked a frenzy What's nice about staring at discord and crypto twitter is that something like this gets mentioned, and like the degen that I am, of course aped in and kept buying when it dipped, now paying off quite nicely, NFA https://coinmarketcap.com/currencies/milady-meme-coin/
The contract is not renounced, so only risk what you can afford to lose, dyor I cashed out all risk capital plus about $5k in profits, still holding LADYS bag all profits, nfa
Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets Liquidity across bitcoin trading pairs has slumped and failed to recover since the collapse of FTX in November. https://www.coindesk.com/business/2...-as-jane-street-and-jump-exit-crypto-markets/ Jane Street And Jump Crypto’s Retreat: A Sign Of Impending Crypto Market Sell-Off? https://bitcoinist.com/jane-street-and-jump-crypto-retreat-a-sign-sell-off/
The difficulty with these meme coins is that you'd be crazy to wager anything more than a miniscule % of your TNW on them. The risk of them crashing and burning is too high, and they move so fast that you might not be able to get out in time to prevent an enormous loss. If you (wisely) only bet peanuts on them, then even a 1000% return doesn't add up to much in terms of TNW.
Whoa, TNW??? No, this is like trading, you know, you gamble with what you can afford to lose For example, I put in about $7k, took out $12k after 4 hours and let the rest ride... or if you don't like the ride no more, you sell everything I'm having lots of fun, and I ain't the best trader, but sh*t, I'm making profits... and having fun. Mong, Ben past few days I still hold Pepe bag, all profits LADYS? It's up over 200% since I mentioned it and I got in earlier LADY's is up over 11,000% in the last 24 hours and you don't think it's worth trading it? TNW??? F*ck no, you're confused... Meme is for trading and having fun and if you make profits along the way, that's all part of the fun If you lose, then wait for a better meme coin All profits below
Yep, as long as you treat it as gambling for fun, then no problem. Unfortunately some folks won't treat it this way, and will learn the hard way. Some may even up with more of a problem than just losing money.
Unfortunately, same with 90% of losing traders This is like trading, but using momentum, the target profitability is big I cashed out some profits this morning on LADYS... whole crypto is weak because btc is down When bitcoin is going up, we feast on meme coins. When bitcoin is down, we go on diet (play defensive)
Just 300 points more to go to reach the neckline. And if it did, will the BTFD'ers come in to save the day or will this be the day of reckoning for all you greedy MOFOs? ($Milllllllion dollar BTC by the EOY??? That's pure greed, man.)
wtf, man, that $1m/btc call was bet by Balaji, he already conceded, calm down with your jealousy of people who make a lot of profits in cryptos If people make a lot of money in cryptos they are greedy? Aren't traders in equities and futures also trying to make money greedy fiat cucks?