A general reminder:
The market this previous weeks has been a highly contested player verse player market, and in such market I usually just say let the best rugger win.
In such market, you don't trade you gamble, because trading involves taking calculated risks based on metrics but apeing into degenerates and memecoins is the exact opposite.
For every meme play you win, there are dozens that fail. Meaning your win ratio for picking that lucky one is really really low.
The liquidity you are raking out when you win are other people's investments into that project, but let the best rugger win. Legit projects can fail as well but the ratio with memes is 10x higher.
The success stories on Twitter?
For every account you see celebrating there are 100s of others staying quiet because they lost.
Everyone posts their winners but they don't post their losers. Think you will be that lucky one?
Think again. In a game of statistics you won't. Skill won't help you either here. It's just pure luck and nothing more. Am I against it? I'm actually not.
Do I advise it? I actually don't.
Aping into memes is game of gambling and everyone is free to do so. This week might have all been about memes but don't be distracted if you've been doing great so far.
I've avoided any meme play the last few weeks and have been killing it in the market.
I'm 100% sure I wouldn't have if I did. Each to their own and I wish success to any of you degens who ape memes every day.
But know that you don't have to follow this path just because someone yelled he did. 70% of them are also just lying anyway, 29% are looking for exist liquidity and who to dump their bags on.
Just do you and don't start changing a strategy that works, don't intimidated by their make up success stories on social media. Work on becoming an improvement of your previous self, that's all that matters.
Hope you learnt something today, I am ticktalker and I always post crypto/educative contents.
Making each day count in the world of crypto is crucial for success. Plan, research, and learn to stay ahead. Keep pushing, legends! 💪💯
Until next time, stay SAFU.
Please whatever is written in the article above is for educative purposes only. I am not a financial advisor.
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