i missed trump coin and then got sucked in waiting for the big launch
no launch ever came
prolly deposited $30,000 in sol, aped coins and got rugged so many times it became standard.
the solana coin community is built on distrust and dishonesty
a few coins are honest and successful but i genuinely believe that any person in the whole world that ever created a coin only has 1 goal in mind: extract money
there are genuinely zero coins that provide value. i aped so many coins and held with no stoploss because i knew many bounce back.
I aped so many coins, was in a discord where we genuinely tried to win big.
I never gave up, kept depositing thinking “the runner is coming”.
but honestly, I gotta admit, that there are like top 5% of all traders extracting all the money there is.
retail investors are completely out of the blue and doesnt stand a chance in the meme coin space.
basically in every coin I went into, I checked the top10 holder list and analyzed the coin in depth, and it was bundled 90% of the times. meaning 3 of the top holders had previously bought the same coins. the data looked good, but I mean it when I say it, every coin was bundled.
coin creators were creating 100-200 coins a day and any coin that had a good narrative would just die because the creator had gone instantly and created 5-10 other coins.
respect to those who tried to build communities and shit.
I did hit some runners. they were often coins where I bought in and just closed my phone without watching the chart.
watching the chart just gave you an heart attack every second, because you never knew when a rug was coming.
For some reason it took me like 3 months to realize that if you are a good trader, it doesnt mean you are good at meme coins.
so many professional ruggers and coin creators fucked up the space.
I wish all of you great luck, but I genuinely think that if you are a good trader, you should learn trading futures. theres so much more money to make.
i saw so many wallets down $100,000’s of thousands just deploying sol into coins that just went to shitters.
I feel sorry for em.
Then i gotta admit, if theres money to extract, you do it. so all respect to those X profiles bundling and just hyping coins to screw ppl over.
I’d do it myself if I had the genuine interest of fkn ppl over.
I think meme coins has had it run, the liquidity just gets shattered by them and spread all over the place.
I feel ashamed for scanning after meme coins a saturday evening in front of the TV with my gf instead of spending time on her
cant believe I let it go so far I spent like $30k.
e-mailed axiom multiple times asking for permanent removal of account but they said its not possible.
its just pure gambling addiction doing meme coins, i do hope ppl realize that, and that its a tool for professional ruggers and scammers to extract money.
submitted by /u/TheCream123
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