Why so? If you’re an idiot who bought early when it was announced, you’re presumably profiting from the general rise in the currency. Not as much as those who know when a spike is coming of course, but still.
You also need to sell at the right time. The people who buy while it’s going up don’t sell until after the rug gets pulled by the insiders, and by then it’s too late.
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.
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.
The only ones profiting are the ones with insider knowledge.
Why so? If you’re an idiot who bought early when it was announced, you’re presumably profiting from the general rise in the currency. Not as much as those who know when a spike is coming of course, but still.
You also need to sell at the right time. The people who buy while it’s going up don’t sell until after the rug gets pulled by the insiders, and by then it’s too late.
? Automated sells are a thing. Price goes up x %, sell
Right, that’s why so few of these people lose their shirt to these rug pulls.
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.
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.
How did my hypothetical, rhetorical question lead to the conclusion I’m one of those idiots…?
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.