This is my favorite community for meme coins. And I love the enthusiasm for real! But I just want to make sure this place stays educational and fun.
1: this is a meme coin, it can lose 80-90% of its value. High risk high reward. With the right tweet or event it can 10x bag. But meme coins are highly saturated right now.
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Coins follow btc usually. So if you think bitcoins bottom is 80k, good. But a lot are saying 73, 60k, 50k. I’m hoping for 73k personally. Buying the dip when u think 80k is the bottom is fine, but most people see a bigger correction. Remember if bitcoin can NOT hold its support, it will bleeed, and remember you bleed 3x as much as bitcoin bb. Beleeeeddat.
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Corrections are healthy. They also do it to shake people out.
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Most your money should be in real estate, utility coins, stocks, and money markets or hysa. Less than 2% should be in toshi.
Learn! There’s a lot to charts and crypto to learn. Ben Cowen, he’s boring acts like a man child, but atleast you can understand what you’re getting into.
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HODL is a myth. Crypto is swing trading or should be. You set your profit target and you sell. Then you find a bottom to dca in when the time comes.
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Have fun, If you follow these rules, this should be fun for you.
Keep the owners engaged and marketing, meme coins are based on hype and hype alone.
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