Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Dust Farmer on January 20, 2025, 08:47:43 PM
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
"There are so many people making life changing money"? How many people were able to buy the coin with such a circulating supply of 200m while he hold into the rest of the supply? People has made more money from other meme coins than they have did from Trump coin. Only those that were wake early saw the coin and bought before it exploded.
People are not condemning Trump meme coin because it's a president coin but had it been it was launched by one developer, everyone will be complaining and saying the team is holding much coin and for that reason, it wouldn't do well but here we are praising another man.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
Trump coin is not a shitcoin to an extent because it rises and at the same time falls, but some have already taken advantage of it early arrival opportunity to invest before the market rises and was being listed on exchanges, i will only advise that people don't invest on a long term on some of these memecoins, because if they were actually possessing the characteristics of how other rug-pull, then this may only be a hype to fans enthusiasts over the swearing in ceremonial event to entice his supporters.
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What we should all know about the crypto space is that, it either makes you sticky rich or gets you poor if you choose to be greedy about it. Those who are mostly found to be successful in memecoins are the early investors. If you miss to be among the early investors, it's preferable not to invest in such coins out of FOMO.
When I saw Trump coin trending in the crypto space yesterday, I said to myself many investors would lose to this investment because they want to be rich overnight without learning to invest with what they can afford to lose.
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~ At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it.
Losses were from chasing the profit on Trump token? I read that it kind of sucked the money from other markets too that's why a of other tokens in Solana turned red. Perhaps many panicked then sold at a loss as well.
Other then Trump, there was also a token created for Melania. I don't know if that's the 'official' one.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
Trump coin is not a shitcoin to an extent because it rises and at the same time falls, but some have already taken advantage of it early arrival opportunity to invest before the market rises and was being listed on exchanges, i will only advise that people don't invest on a long term on some of these memecoins, because if they were actually possessing the characteristics of how other rug-pull, then this may only be a hype to fans enthusiasts over the swearing in ceremonial event to entice his supporters.
It's almost definite that those who know what they are doing will not invest in it long term but it doesn't change the fact that it was still a great opportunity for those who took advantage of it, even despite the even larger number of people who missed the chance.
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~ At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it.
Losses were from chasing the profit on Trump token? I read that it kind of sucked the money from other markets too that's why a of other tokens in Solana turned red. Perhaps many panicked then sold at a loss as well.
Other then Trump, there was also a token created for Melania. I don't know if that's the 'official' one.
Yeah, same thing I heard as well. It basically drained the entire market for that huge pump. As for the Melania token...I'm not too sure if it was the original or just someone taking advantage of the hype but I'm more inclined to believe it's the latter.
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What we should all know about the crypto space is that, it either makes you sticky rich or gets you poor if you choose to be greedy about it. Those who are mostly found to be successful in memecoins are the early investors. If you miss to be among the early investors, it's preferable not to invest in such coins out of FOMO.
When I saw Trump coin trending in the crypto space yesterday, I said to myself many investors would lose to this investment because they want to be rich overnight without learning to invest with what they can afford to lose.
That's just the fact. Greed is the greatest source of the downfall of many in the crypto space. Once you miss a good entry point then the smart thing to do is watch from the sidelines but FOMO just doesn't let people think logically.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
The Trump meme coin made a tremendous price spark for all it's early birds. I got in very late, all because of FOMO, and would have faced a very big loss. At the time I entered to buy, I then observed the coin has gotten to it's highest peak, I immediately sold off, getting a few $ before it started dropping in price.
It is a good thing making profits in every trade or investments one does in crypto, and protecting that profit should also be a priority. Having jumped into the market because of FOMO, making a few $s is supposed to be satisfying, than letting greed come in and ruin everything. Greed as a trader or even as an investor is not really the best, cause it can lead to disastrous end of one's entire crypto investment.
As a meme coin, and a President coin, it might hold some good popularity and investors swimming into it in a long run.
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Other then Trump, there was also a token created for Melania. I don't know if that's the 'official' one.
Yes, there is that official Melania coin too maybe coming from the same organization connected to Trump, taking advantage of the excitement of the assumption of Trump to the White House. And soon there might even be the official Barron coin too. Now, there are many copycats in the crypto market just taking advantage of the trend so we have to careful to deal only with the officially released coins. Anyway, I am not into memecoins so this may not for me. Lucky are those who availed of these coins at their early stage as they are now making millions of profits due to the skyrocketing rise of the prices. As to losses, that can come naturally if one is investing most especially in crypto so one must be good in detecting when to get in and when to get out as we know that memecoins can be the most volatile in this truly volatile industry.
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^ Melania just got most of the liquidity from Trump token, that's all.
if there is a token coming from Trump's son, the liquidity would go from them both.
Simple logic for those who just want to get their buck into the meme and get it rugged afterward, they hop from one of them to another.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
Yeah, the way people smiles on their victory same way others cry for their failures but, with investments like this people shouldn't be greedy by wanting to make all profits from the coin as it was pumping, it's either better to take quick profit or even pull of their capital and gamble with their profits as if the market decides to go the other way round they wouldn't be affected that much since they had already pulled out their initial capital used for the investment. Of course it's a good year starting point but as well as great regret to some fellas.
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What we should all know about the crypto space is that, it either makes you sticky rich or gets you poor if you choose to be greedy about it. Those who are mostly found to be successful in memecoins are the early investors. If you miss to be among the early investors, it's preferable not to invest in such coins out of FOMO.
When I saw Trump coin trending in the crypto space yesterday, I said to myself many investors would lose to this investment because they want to be rich overnight without learning to invest with what they can afford to lose.
agree, if crypto can make people rich and poor in a short time, and it takes mature knowledge if you want to enter and instantly get profit in meme coins like this trump coin
there are many who are lucky from this trump coin, and those who lose are usually people who are greedy in taking advantage,
I am personally afraid if the coin is already above 50$ to enter, especially if it has experienced an increase of 10% or more, there will be a decrease and to go back up no one knows if for meme coins like this
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
Those who have made huge profits from Trump coin are very lucky. And those who lost are very unlucky. Those who invested early in Trump and held short term are the gainers. Because it is slowly going down. A friend of mine lost $1900 on Trump coins where he should have made a profit because he panicked and took a long entry on Trump futures with high leverage at a very high price. He thought Trump would hit $100. Those who foolishly expected Trump's prices to be higher have suffered big losses.
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Cant say that Trump token was a giveaway, since I wanted to join party, bought a little bit and was lucky to notice price decrease start and to sell with little loss. Totally not a giveaway :) Another meme coin with expected future. I am only surprised that price drop has started so quickly, the price growth did not even last for few days.
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Was the Trump token just an sort of giveaway by Trump?
The term is Rugpull!
Trump coin is not a shitcoin to an extent because it rises and at the same time falls, but some have already taken advantage of it early arrival opportunity to invest before the market rises and was being listed on exchanges,
That's the standard definition of pump and dump shitcoin.
And nobody sees a problem with the president of a country launching a meme coin with 90% of the supply in his hands, a meme coin with no use whatsoever, issued by an LLC that can claim no responsibility at all since it's not a financial product?
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Cant say that Trump token was a giveaway, since I wanted to join party, bought a little bit and was lucky to notice price decrease start and to sell with little loss. Totally not a giveaway :) Another meme coin with expected future. I am only surprised that price drop has started so quickly, the price growth did not even last for few days.
Firstly a great percentage of people that will see it as a given away are mostly those that were able to pack a ton of profit from it. However on the other hand it would be very difficult for someone who lost from it to be convinced to see the trump token as a giveaway. Nevertheless my point is the idea of seeing it as a giveaway is kind of relative to your benefits from it .
The fact is the trump coin wasn't any much different from a regular meme coin that gained enough hype to pump really fast only to get rugged in the end.
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Firstly a great percentage of people that will see it as a given away are mostly those that were able to pack a ton of profit from it. However on the other hand it would be very difficult for someone who lost from it to be convinced to see the trump token as a giveaway. Nevertheless my point is the idea of seeing it as a giveaway is kind of relative to your benefits from it .
i think you guys might be confusing the definition of a giveaway
giveaways are things that are given for free, these coins are bought by people and correct me if i am wrong but i never heard an airdrop for this coin because it was only announced days prior to his inauguration and it immediately pumped everyone excited to see profits for when trump goes to sit at the white house
The fact is the trump coin wasn't any much different from a regular meme coin that gained enough hype to pump really fast only to get rugged in the end.
the only difference is that it bears a president's name and is also acknowledged by his social media presence which is something i do not think has ever happened before
i mean el salvador's president only had a crypto wallet, no? and did not release a memecoin of himself
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~ At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it.
Losses were from chasing the profit on Trump token? I read that it kind of sucked the money from other markets too that's why a of other tokens in Solana turned red. Perhaps many panicked then sold at a loss as well.
Other then Trump, there was also a token created for Melania. I don't know if that's the 'official' one.
When ever a meme coins is created and listed on the several exchanges probably becomes successful, it seems a wakeup call for many other meme copy cat projects to launch similar projects to make quick profit. Now that Donald Trump has launched his meme coin, the "Trump Fight Fight" meme, we may be seeing similar Trump meme coins that may emulate the name like, baby Trump Meme.
In a related meme trends, before the official Trump's meme was listed, there were already projects launched with his name, and i think we may see more meme coins in this regime.
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I think it would be foolish to invest in a meme coin like this out of FOMO because you will get a profit from the very first investment with a coin that creates such hype. So if you buy trump coin now then you might get hurt. If you want to research trump coin crossed $71 line and already down to $41. Some investors got addicted to getting rich and bought at high prices as a result of which now half of their funds have been lost. Since we could not buy in the beginning, if we buy now most of the investors will lose and lose big money.
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I think it would be foolish to invest in a meme coin like this out of FOMO because you will get a profit from the very first investment with a coin that creates such hype. So if you buy trump coin now then you might get hurt. If you want to research trump coin crossed $71 line and already down to $41. Some investors got addicted to getting rich and bought at high prices as a result of which now half of their funds have been lost. Since we could not buy in the beginning, if we buy now most of the investors will lose and lose big money.
No need to do it, imo, not now, not in the future.
Just forget about it and move on, buy more BTC, and be a happy hodler (to the OP of the thread).
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
Money came from somewhere, now they just changed owners, while the one who created the coin got away the best in the whole thing. I would certainly never call something like this a great day, because here people with the highest positions took advantage of the naive and greedy. Quite legal one would say, but if I did it myself (without political power) I would probably be under the microscope of the SEC.
That's the standard definition of pump and dump shitcoin.
And nobody sees a problem with the president of a country launching a meme coin with 90% of the supply in his hands, a meme coin with no use whatsoever, issued by an LLC that can claim no responsibility at all since it's not a financial product?
Everyone was interested exclusively in personal profit, hardly anyone was interested in how regular and moral everything was.
In my opinion, the height of impudence is that the coin was launched the day before the inauguration, Obvious abuse and manipulation of the presidential function.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
If I am not wrong, the number of people made lose is larger than the people made profit because Trump left the token by booking huge profits, many whales entered this token and left either with huge profits or either with a very huge loss. Now the middle-class people who came to know about this token very late.
They bought it high and now they are the exit liquidity for everyone, people think they found the next gem and now investing in it the only thing to make them rich but they don't know after investing they have to track what is really happening on the blockchain either money is inflowing or outflowing, real time data can bee seen free on many platforms but they don't and then becomes the exit liquidity for others and stuck their money for long term. I hope this will teach them a big lesson.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
How can it be a life changing you someone is losing money? For me it looks like someone has manipulated it and earn them big money in short amount of time. Typical of the pump and dump and manipulation on meme coins.
Hopefully it is not Trump himself or someone close to him because it will really have a negative impact on reputation. And probably this is the best example on why we should invest on this kind of meme coins.
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How can we consider it a giveaway when there are people losing their investment? If its really a giveaway, then you need not invest in it; this is just another pump and dump meme where the developers and the promoters are the ones making huge profits at the expense of investors.
Now that memes are on the news again, we will see more memes mushrooming in the market, just when we are all hoping that investors should stop investing in memes. A new era of investing on memes has just begun, and its uglier than in the past.
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If the price of a meme coin is $70, it will not be difficult to estimate how much profit those who invested here in the beginning have made. If there is hype in such a coin, then many ordinary investors will not be able to control their greed. Once we understand this, we will be able to understand a little how much the person who invested there for $70 expected that the coin could bring him more profit. Of course, people should set a limitation in every case. In any case, if you are too greedy, you will lose.
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Was the Trump token just an sort of giveaway by Trump?
The term is Rugpull!
As usual. It is
Rejoice for those who can take advantage of this moment to get high profits and successfully avoid the dump, from this rugpul project. and be patient for anyone who is a victim of rugpull, and still has their money stuck in the coin, yes, the longer it is, the price will usually fall even more.
Oh yeah, even I don't know why there are still many people who believe in meme coins for the long term, new meme coins, which only go up because of the hype, they believe because Trump issued the coin? hmm, they have to learn a lot from various previous meme coins. because basically, the scheme will be the same.
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If the price of a meme coin is $70, it will not be difficult to estimate how much profit those who invested here in the beginning have made. If there is hype in such a coin, then many ordinary investors will not be able to control their greed. Once we understand this, we will be able to understand a little how much the person who invested there for $70 expected that the coin could bring him more profit. Of course, people should set a limitation in every case. In any case, if you are too greedy, you will lose.
Early investors who bought the trump meme coin under $10 are currently enjoying the rewards as the price of the trump coin skyrocketed. The current price is $34 and it had reached an ATH of $75. I didn't have time to buy kpoon trump because I was more focused on the top 10 coins and many friends didn't invest there either. But I don't regret it, because fortune can come anytime and from anywhere.
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If the price of a meme coin is $70, it will not be difficult to estimate how much profit those who invested here in the beginning have made. If there is hype in such a coin, then many ordinary investors will not be able to control their greed. Once we understand this, we will be able to understand a little how much the person who invested there for $70 expected that the coin could bring him more profit. Of course, people should set a limitation in every case. In any case, if you are too greedy, you will lose.
Early investors who bought the trump meme coin under $10 are currently enjoying the rewards as the price of the trump coin skyrocketed. The current price is $34 and it had reached an ATH of $75. I didn't have time to buy kpoon trump because I was more focused on the top 10 coins and many friends didn't invest there either. But I don't regret it, because fortune can come anytime and from anywhere.
It's better not to lose anything than to get your depo lost due to the FOMO.
Right call, doc.
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You're right because when this trump token started a lot of people where skeptical about it because a lot of tokens where failing to meet up to expectations in that period so many people didn't give much attention to the token like me in the miming stages of the coin until the coin was listed and the listing price was something else it was there and then that I regretted not investing into this token, but any one who mined this project and didn't sell at the initial stage where the price was okay has himself to be blamed because that is really a greed mindset
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I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
A couple thousands of dollars is small compared to what I saw in Facebook. He lost $300,000 investing into TRUMP and that was the money that he gained in his whole cryptocurrency journey. It's like him spending years making that money and then just lost it in an instant by some pump and dump coin like TRUMP.
There are 2 sides of the story. There are some investors who might've changed their lives because of this token either positively or negatively. While there are some who made money in this token, there will be more that lost their money because of wrong decisions they've made.
Well, it's an amazing start indeed. :D A good way to hype up the investors and to attract even more investors as we are in the bull run currently. :D
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That's the standard definition of pump and dump shitcoin.
And nobody sees a problem with the president of a country launching a meme coin with 90% of the supply in his hands, a meme coin with no use whatsoever, issued by an LLC that can claim no responsibility at all since it's not a financial product?
Everyone was interested exclusively in personal profit, hardly anyone was interested in how regular and moral everything was.
In my opinion, the height of impudence is that the coin was launched the day before the inauguration, Obvious abuse and manipulation of the presidential function.
The annoying thing is that we are now letting people get away with worse things than the ones that generate the need for Bitcoin.
No matter how bad banks are there is no way in hell they would have ever thought of selling you meme coins, even during the crisis back in 2007 there was nobody that would think like Trump, let's write them a piece of paper with crypto on it and pay up 30 trillion.
Imagine the scandal in 2000 if we had a president selling Beanie Babies, now it's all normal, it's good for crypto, but how the hell is good for crypto taking out liquidity from the market with all that money ending in the pockets of a guy who admits he doesn't know a thing about it?
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This meme crap token was only one more way for Trump and his family members to generate and earn money.
Despite doing some good things like releasing Ross Ulbricht, I have to look at him almost like on scammers and I don't trust anything he say and does.
I don't know who is teaching him all this, but he must have shitcoin advisors.
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The Trump official coin sure did made a great pump for about 3 days interval and most traders/investors earned alot of profit from it especially those who were able to buy the night/early morning of listing. The spike of the token was a pool of profit for those who invested early.
While others were happy for the profit generated by the token, other investors/traders were also disappointed by the loss made after purchasing at higher price hoping that the coin will continue to pump forgetting that those who grabbed at lesser price will likely sell off and collect their profits.
After about 3 days, the coin started declining till the range price it's currently trading on now.
I guess it'll still be lively through the administration of President Donald Trump and also considering the integration of the coin as ETF
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This is the world of crypto, for there to be winners there must be losers, the lucky ones are those who take advantage of the opportunities at the right time and the losers are those who always come late.
The Trump meme is no different from any other meme, it is only supported by the president's crypto-loving personality, so it is natural that this type of meme that has no project depends on pumping and dumping and promotion by celebrities only.
I think the biggest beneficiary of the Trump meme is Trump himself, his wife, his children and those close to them.
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This meme crap token was only one more way for Trump and his family members to generate and earn money.
Despite doing some good things like releasing Ross Ulbricht, I have to look at him almost like on scammers and I don't trust anything he say and does.
I don't know who is teaching him all this, but he must have shitcoin advisors.
If he hasn't promised them Bitcoin reserve, a lot of CT would have gang up against him and attack him at all platform but they keep quiet and act like it's a normal thing. When other people launched, they be like it's scammed and all that but Donald Trump and his wife dropped and they are like "don't worry, he is the president and the coin is for fun".
The team and his family are the only people that are benefiting from this and that's why 800m is held on another wallet. When he is done as the president of the US, he will have something to lean on to continue his life, 2029 is not far.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
I personally missed the Trump token and I was heavily devastated by loss in trading memecoins though it was all my fault but yeah if I can't take the risk then there should probably be no chance for to make gains. I know that in the long run I am getting better and better with this craze by learning from my mistakes so yeah no guts, no glory. There are always opportunities in crypto I just don't have enough idea to become that profitable like other traders especially in memecoins but as long as we don't stop we will surely get it.
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?
I personally missed the Trump token and I was heavily devastated by loss in trading memecoins though it was all my fault but yeah if I can't take the risk then there should probably be no chance for to make gains. I know that in the long run I am getting better and better with this craze by learning from my mistakes so yeah no guts, no glory. There are always opportunities in crypto I just don't have enough idea to become that profitable like other traders especially in memecoins but as long as we don't stop we will surely get it.
In taking risks, it takes guts, there is indeed a trauma from me to invest in meme coins, but seeing the current movement of the trump token, it seems like I remember DOGE in the past when Elon tweeted and DOGE soared.
I didn't take too many chances to buy meme coins this season, but this could be a consideration in the future, even though this time I was late buying trump at a low price.
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The annoying thing is that we are now letting people get away with worse things than the ones that generate the need for Bitcoin.
No matter how bad banks are there is no way in hell they would have ever thought of selling you meme coins, even during the crisis back in 2007 there was nobody that would think like Trump, let's write them a piece of paper with crypto on it and pay up 30 trillion.
Imagine the scandal in 2000 if we had a president selling Beanie Babies, now it's all normal, it's good for crypto, but how the hell is good for crypto taking out liquidity from the market with all that money ending in the pockets of a guy who admits he doesn't know a thing about it?
I wouldn't equate this with any bank, but in fact, there is only one person behind it all. Rather, I would say that this is a new type of Ponzi scheme (perhaps one day we will have a Trump scheme as a scam method) with much greater potential.
He took advantage of the greedy and the fact that they endlessly trusted him, I can't say I feel sorry for all 570k of them (https://365crypto.org/blog/2025/01/23/trump-meme-coins-face-legal-battles-whats-next/). the crypto market will recover, I hope this will be a lesson for future well-known bump/dump manipulators
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Cant say that Trump token was a giveaway, since I wanted to join party, bought a little bit and was lucky to notice price decrease start and to sell with little loss. Totally not a giveaway :) Another meme coin with expected future. I am only surprised that price drop has started so quickly, the price growth did not even last for few days.
Yeah, most often newly launched memecoins does not last more than a day before going down after listing, it has been an ugly scenario on the meme space. However, there are certain meme projects the has institutions influence that also hold a substantial investments on some these meme project for the long term which give them stronger liquidity boost.
Moreover, the Trump token has huge Fomo, and hype by some smart traders who bought it earlier but quickly dump their token when they observed the strong resistance on the market within 24hours of trading.
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People are not condemning Trump meme coin because it's a president coin but had it been it was launched by one developer, everyone will be complaining and saying the team is holding much coin and for that reason, it wouldn't do well but here we are praising another man.
A team having more than 10% of the overall holdings is always a red flag, but I believe Trump got a pass for holding on to 80% because it is locked for three years, preventing the team from rugpulling/dumping the coin early.
There is no team; the coin was created based on hype. It's been three days since the price began dumping, and there has been no update from the developers, no word from Trump, and no promotion; the price has simply continued to drop, and investors are fleeing.
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This is the world of crypto, for there to be winners there must be losers, the lucky ones are those who take advantage of the opportunities at the right time and the losers are those who always come late.
So you're saying we should legalize Ponzis as long as everyone is doing his research before?
Why no pardon Maddof then?
There is no team; the coin was created based on hype.
Oh no, they had a team, and one that knew the things pretty well, probably more experienced than 99% of the guys on this forum and BTC talk
The coins as instantly for trade on major exchanges at the same time, the liquidity was provided perfectly on swaps, early transfers were made minutes after launching the coins, buys went into liquidity first to top every dex, there was a small timeframe where they allowed the doubt so they could get early buyers, their won into the game and then when it went full fomo they sold exactly the coins distributed at the start, cashing it perfectly.
The execution as perfect, they failed with Melania because it was too fast but they ran out of time, and there are some theories they had to do before the inauguration, to cover themselves legally.
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There is no team; the coin was created based on hype.
Oh no, they had a team, and one that knew the things pretty well, probably more experienced than 99% of the guys on this forum and BTC talk
The coins as instantly for trade on major exchanges at the same time, the liquidity was provided perfectly on swaps, early transfers were made minutes after launching the coins, buys went into liquidity first to top every dex, there was a small timeframe where they allowed the doubt so they could get early buyers, their won into the game and then when it went full fomo they sold exactly the coins distributed at the start, cashing it perfectly.
The execution as perfect, they failed with Melania because it was too fast but they ran out of time, and there are some theories they had to do before the inauguration, to cover themselves legally.
I think $Trump being locked for 3 years and $Melania being locked for 30 days was what made the difference, now I'm thinking they forgot to add (0) at the back of 3 on $Trump cause it all doesn't make sense. Same team, different lock time.
Everyone was bullish on $Trump waiting to push it to $100 after inauguration, the whole timing on launching $Melania was wrong and ruined both projects.
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There is no team; the coin was created based on hype. It's been three days since the price began dumping, and there has been no update from the developers, no word from Trump, and no promotion; the price has simply continued to drop, and investors are fleeing.
I simply want to believe that Donald Trump has chosen to stay silent about his Token because he just resumed office. The hype around his token will surely return again at a later time when I believe that he would mention it, so those who still have it now and the token has dropped below the point that they bought it should just hold on to the market, I think, until it rebounds instead of dumping at this moment at a loss.
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There is no team; the coin was created based on hype. It's been three days since the price began dumping, and there has been no update from the developers, no word from Trump, and no promotion; the price has simply continued to drop, and investors are fleeing.
I simply want to believe that Donald Trump has chosen to stay silent about his Token because he just resumed office. The hype around his token will surely return again at a later time when I believe that he would mention it, so those who still have it now and the token has dropped below the point that they bought it should just hold on to the market, I think, until it rebounds instead of dumping at this moment at a loss.
You could be right but there is no rarity or clarity towards him reinstating that project as we know the hype of memecoin how it behaves towards the market, lot of investors has already pulls off their investments from that project and if a project like this is down it could be hard to gain back investors trust again because already the token was dumped on them they wouldn't want to experience same thing again.
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This is the world of crypto, for there to be winners there must be losers, the lucky ones are those who take advantage of the opportunities at the right time and the losers are those who always come late.
So you're saying we should legalize Ponzis as long as everyone is doing his research before?
Why no pardon Maddof then?
No, I'm not saying we should legalize Ponzi schemes as long as everyone does their research beforehand, but I am saying that this is the nature of cryptocurrencies.
In order for you to sell any coin at a high price, there has to be someone buying on the other side, meaning that when you make a profit because you sold the coin at a high price, there is someone who loses because they bought at a high price.
The only exception is Bitcoin because it always goes up in the long run.
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There is no team; the coin was created based on hype. It's been three days since the price began dumping, and there has been no update from the developers, no word from Trump, and no promotion; the price has simply continued to drop, and investors are fleeing.
I simply want to believe that Donald Trump has chosen to stay silent about his Token because he just resumed office. The hype around his token will surely return again at a later time when I believe that he would mention it, so those who still have it now and the token has dropped below the point that they bought it should just hold on to the market, I think, until it rebounds instead of dumping at this moment at a loss.
The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).
At these point you just treat it as it is - Memecoin ( quick in, quick out)
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The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).
At these point you just treat it as it is - Memecoin ( quick in, quick out)
A politician burn a coin? They will see it as waste management, I think they will not directly do any marketing so they don't make it obvious he is pumping his meme coins. Instead, he will be saying things about crypto and indirectly hinting about Trump and you know the meme frenzy, people will still flock in as usual and get rekt over and over again.
Don't be surprised if that big circulating supply get reward to people but that will be towards the end of his terms just to get some sympathy and love for people that he did something great while in office for his second term.
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At these point you just treat it as it is - Memecoin ( quick in, quick out)
Moneygrab Coin, quick release, people sent their money, president cashes out billions, people have no money left.
Rinse and repeat the same thing with Melania crap coin, maybe Baron and Eric coin coming soon, and more... until people have money to spend and short gold-fish-like memory.
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The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).
At these point you just treat it as it is - Memecoin ( quick in, quick out)
A politician burn a coin? They will see it as waste management, I think they will not directly do any marketing so they don't make it obvious he is pumping his meme coins. Instead, he will be saying things about crypto and indirectly hinting about Trump and you know the meme frenzy, people will still flock in as usual and get rekt over and over again.
Don't be surprised if that big circulating supply get reward to people but that will be towards the end of his terms just to get some sympathy and love for people that he did something great while in office for his second term.
My question is, why will Trump launch his own coin a few days before he assumes office as US president? I thought the main focus on crypto was Bitcoin. Launching his own coin is it not for his gain out of crypto space since most people are anticipating a bull run this year.
However, every politician has this selfish gain within them. They want to make more money even when they are on top. They don't care what the masses think of them for the time being
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My question is, why will Trump launch his own coin a few days before he assumes office as US president? I thought the main focus on crypto was Bitcoin. Launching his own coin is it not for his gain out of crypto space since most people are anticipating a bull run this year.
However, every politician has this selfish gain within them. They want to make more money even when they are on top. They don't care what the masses think of them for the time being
For the hype and profit, mostly, in my opinion.
Bitcoin is the king, but people's attention is swayed easily by such news. Especially those that are not familiar with the meme market..
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The Developers needs to start doing the marketing and promotion, Trump isn't going to do those promotions, admitting he owns the coins was enough. Those MFS needs to burn some tokens, they're holding way too much tokens (80+%).
At these point you just treat it as it is - Memecoin ( quick in, quick out)
A politician burn a coin? They will see it as waste management, I think they will not directly do any marketing so they don't make it obvious he is pumping his meme coins. Instead, he will be saying things about crypto and indirectly hinting about Trump and you know the meme frenzy, people will still flock in as usual and get rekt over and over again.
Don't be surprised if that big circulating supply get reward to people but that will be towards the end of his terms just to get some sympathy and love for people that he did something great while in office for his second term.
If I were in his situation, I would burn some tokens rather than hoarding them; if his purpose was to throw some money about, burning some millions from the billions should not be difficult.
Isn't the memecoin for the people? Masses are stuck in there as all they need tweet about the shit again or burn some fucking tokens..
At these point you just treat it as it is - Memecoin ( quick in, quick out)
Moneygrab Coin, quick release, people sent their money, president cashes out billions, people have no money left.
Rinse and repeat the same thing with Melania crap coin, maybe Baron and Eric coin coming soon, and more... until people have money to spend and short gold-fish-like memory.
Made few millionaires while wrecking some Whales and some meme newbies in the process. $Baron is already in million Mcap on Dexscreen although I know it's fake but he's already up there.
Why are public figures/celebrities more interested in creating memecoin than having a real project BTw.
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In my opinion the token was not just a giveaway but can be a long-term earning strategy, in my opinion it will grow stably over time
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Made few millionaires while wrecking some Whales and some meme newbies in the process. $Baron is already in million Mcap on Dexscreen although I know it's fake but he's already up there.
I think you made a ''small'' mistake there.
They made few Billions during this process, and that is only for Trump crap.
I didn't know Baron coin is already available, but I am not surprised if it is actually connected with real Trump son.
I am sure they don't need to worry about KYC and money loundering for this ;)
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There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face.
This position is for those who are experienced in investing in crypto because in just a few minutes Donald Trump announced on social media X that he created the $TRUMP token from the Solana blockchain and it rose by thousands of percent.
At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it.
~snip~
This position is those beginners who start trading in crypto and are carried away by FOMO so that they spend a lot of capital and then get stuck at high prices. Those who are impatient finally do Cut Losses so that they experience losses of up to thousands of dollars in just a few hours.