• AwesomeLowlander
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        1 day ago

        My original comment was specifically referring to those who bought in early at the start. Presumably if you buy at rock bottom, there’s only so much a rug can pull out from under you.

        • jungle@lemmy.world
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          1 day ago

          Well, I’m glad you’re so confident in your ability to time these scams. Don’t bet more than you’re comfortable losing though.

          • AwesomeLowlander
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            1 day ago

            How did my hypothetical, rhetorical question lead to the conclusion I’m one of those idiots…?

            • jungle@lemmy.world
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              1 day ago

              You seem confident that you can profit from memecoin rugpulls without being an insider. You’d only be an idiot if you tried to pull it off with money you can’t afford to lose.

              • AwesomeLowlander
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                1 day ago

                My question to start with was pretty specific. If somebody had bought in at the start on the ground floor, weren’t they pretty much guaranteed a profit, now that all these shenanigans are ongoing? You seem to have turned that into me advocating for crypto and memecoins in general.

                • jungle@lemmy.world
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                  1 day ago

                  Not crypto in general. Memecoin rugpulls, which is what this whole post is about.

                  The overwhelming majority of people who buy that shit lose their money. You’re saying that’s easy to avoid. If it’s so easy, why are they all getting scammed?

                  • AwesomeLowlander
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                    1 day ago

                    How many memecoins have foreign billionaires dumping millions of dollars into them on a regular basis?

                    I’m not saying all memecoin releases are safe. I’m saying if you got in on this particular one at the start, now that trump is using it to launder bribes, you might be fine. Or if not, what makes you think so. Jeez, how hard is it to follow the thread of the conversation?