the reason is that they buy altcoins when the market is like this for daily profit or day trading. there is nothing wrong when the bearish come to buy some altcoins to look for quick profits.
but it should be noted that even if only to get daily profits, you still have to do an analysis so you don't get stuck too deep.
and right now i'm still buying some of the best altcoins from the CMC list to earn daily profits

for dogecoin maybe the upcoming bullrun still has room to pump again after elon musk dumps all the dogecoins in his hands and there will likely be big companies that look and want to buy dogecoin in large quantities in the future and pump even higher.
but for shiba and other meme coins there seems to be no place or no more opportunity to pump after the hype ended last year. because in the future there will always be new coin models that will take over the market just like the next bullrun.

failure in a project is a common thing and i'm not surprised if it happens, but for Terra, there is indeed a discussion out there who is responsible for all these accidents. whoever it is is at fault, but for me the owner of Terra should keep the coin in order to maintain its utility and not disappoint investors and the large community who have joined the Terra project.
i'm very disappointed, even though i don't hold Terra coins but it seems like there is no responsibility from the project owner instead wanting to print new coins. It's very disappointing when a big project like Terra already has a big community but they lose the trust of their investors.
but from this incident, it can make us more careful if we want to hold coins for the long term.

i appreciate your trust and your thoughts. but i just give you a little advice.
actually last year the meme pump coin was 500% or 1000% because last year the meme coin was trending and experiencing hype causing the pump price to be very high. and actually in the future there will be no place for meme coins anymore because there will be many new trends taking over the market.
so now is not the right time for long term investment in meme coins except for trading and looking for daily profit

your big mistake when you get paid from bounty but you only sell it for fiat money and just for fun without having assets for future. remember mate, you earn money from crypto and don't let your crypto assets not be saved in the future when everyone is partying when some coin pump is really high and you can only watch and regret.
i used to be a bounty hunter every time i get paid from a bounty, i sell and some of the money i buy bitcoin or ethereum for me to make long-term assets and the rest i use to gamble.
and until now when i get paid from the bounty or signature, half of the proceeds i buy ethereum or bitcoin or other coins that have good potential for the long term and become rich in the future.
i don't want to be left behind like last year so i do like this.

you said something right mate.
meme coins will only be able to pump because of the hype last year and all that when doge went up 1000x.
maybe all meme coins want to be like doge coins that can pump up to 1000x and the owner of the meme coin wants to get rich quickly and imitate everything that doge coins have done by diverting fake news tweets from elon etc.
for me, 2022 is no longer the place for meme coins. there are still some decent and better coins to invest our money for long term

i want to add a little analysis from gamblers in my city


• consider gambling as a source of daily income

in my city, it is currently a trend to play slot gambling in the higgs domino game. they play slot just to expect to get chips from the jackpot in large quantities and to sell them to friends around them in need. because in the higgs domino game it can send chips between fellow users and the price is 1b $ 5.
but strangely, people in my city think that before getting the jackpot in the slot they have to buy a chip of 5b as slot playing capital to get the jackpot. they think after they buy chips worth 5b they will get the jackpot but it turns out that it is not a guarantee of getting the jackpot and when the 5b runs out they will continue to buy chips and always hope to get a big jackpot and be able to sell the chips for daily income. even though if it is calculated from the amount of the deposit and getting the jackpot, it is not comparable.

from my story, i conclude that there are still many gamblers who consider gambling as a source of daily income without realizing that they always spend money every day.

what do you mean by ETH decoupling from BTC ?
what i see is they have different networks and ethereum will still be the 2nd best coin after bitcoin.

indeed at this time ethereum is the best choice for long-term investment after bitcoin. for me there is nothing better than bitcoin and ethereum will never replace bitcoin

that's right. because some altcoins stand on the ethereum network so almost all altcoins depend on the price of ethereum. because ethereum is the boss of altcoins and ETH will depend on bitcoin. because bitcoin is the boss of all coins

everyone has the right to have high expectations. but one thing we must remember that no one will be able to take over the position of bitcoin. although ethereum will release 2.0 with all the advantages but it will not rule out the possibility that ethereum will replace bitcoin's position.
we all here also know that the first crypto was bitcoin and all have acknowledged it.
however, it is possible that ethereum will be the second best coin after bitcoin and maybe its price will be half of the price of bitcoin

it's okay to choose meme coins for day trading and for quick profit. but at least you have to see the big risk you have to bear yourself when the meme coin will finally run away from you.
i'm not saying meme coins are too bad but everyone knows the dangers of investing in some of those meme coins. maybe you are currently earning $50 in just 1 day, but don't know what will happen once you put more money into the coin. because usually when you get a decent profit from day trading, you will add your money again to buy more coins and hope to get a bigger profit.
one thing you have to remember is to do some serious research before starting trading on some meme coins

because no one will ever be able to beat the bookies.
but we play gambling only to bet our luck, like we are looking for a gold needle in a haystack. but i firmly believe that as long as we play gambling the right way, surely later we will find luck and get big wins from gambling

if i were the manager of the casino i would prefer to forbid the gambler from visiting the casino as long as the gambler's wife is recovering from her postpartum injuries.
the casino worker was not wrong, he did a good thing reminding the gambler to spend more time on his wife who had just given birth to his child instead of having to spend a lot of money and time in the casino.
because i am also a gambler but i will put more importance on my family when my family need me and forget about gambling for a while.
being a gambling addict is okay but you also have to remember the responsibilities in the household when you are married.

because there are some women out there who are afraid if they choose a man to be their husband but the man is an overly aggressive gambling addict. lots of gambling addicts who are too aggressive just after winning do everything to sell valuables or borrow money to anyone to gamble without thinking about the future life. so the woman is afraid if she chooses the wrong man who has no future and only thinks about gambling

but i'm sure that in your community there are some people who like gambling and maybe gambling with fake money is an alternative to entertain themselves playing gambling without involving real money.
i totally understand the situation in your place with all the difficulties and real money is very much worth it. but if they really need entertainment to fill their spare time and only gambling can make them feel happy, maybe they should try gambling using counterfeit money.

if indeed your favorite gambling site is already very trusted and has a good reputation, there is nothing wrong with having to follow procedures that must be carried out such as KYC.
because i have a thought maybe some gambling sites require KYC before depositing or withdrawing money from the site just for security from laundering money deposited into gambling sites.
and i also do KYC on several gambling sites that i think have a good reputation

of course we must respect those who perform rituals before or after gambling. they do it all because they think the ritual is able to give good luck when playing gambling and getting a win. well even though it's not necessarily going to get lucky but still we have to appreciate it.
i myself sometimes before starting to gamble do a small ritual hoping luck is on my side

i don't fully support the Tron network but i like to use the Tron network to move my money from some transactions like to gambling sites. because the Tron network is very cheap in transaction fees and very fast.
maybe what you're talking about right now is about prices that don't have ATH like other coins. but for me Tron is not too bad to use as a transaction tool to move funds from one place to another. as for investing in Tron as a long term investment, i don't really follow TRX developments. but i just believe that the best investment for the long term is bitcoin and tron which is a very good choice for transactions to move funds cheaply and quickly

but not all stable coins are good for the future and I will take the example of the UST coin.
previously, UST or Luna was known as a stable coin and had high interest in all markets. there are so many big investors who save money in Luna coins so they are not affected by the fluctuating crypto prices. but in reality Luna was like throwing away coins and the price went down very deep. and after that incident, some big investors were afraid to keep big money in stable coins.
but for me keeping money in USDT or USDC coins is a stable coin which is safe and has a very good reputation for the future. but it's all back to each one to start research before putting money into some stable coins

i've told you before that i was a gambling addict who was devastated to lose all the valuable things i had. but after i got to know a girl and i made her a friend to tell her all my problems and she found out that i was once a very broken gambling addict. but at that time i felt compatible with the woman and i married her.
after that i tried to gamble again but my wife always reminded me not to spend too much money on gambling, just think of gambling as playing games to entertain yourself when you have free time.
so that every time i play gambling my wife never forbids me to stop gambling but instead she always reminds me to gamble wisely and don't spend too much money.
i also asked my wife why she didn't stop me from playing gambling after i had a very bad past with gambling? he replied "because i am your wife, i appreciate whatever a husband does"
and until now i still play gambling without anyone forbidding and always reminded by my wife.
i feel proud to have a woman like my wife

indeed the wisdom of the mind when getting big profits from gambling is very necessary so that it is far from greedy thoughts. but it can't be denied that there are some gamblers who always want to multiply their winnings from gambling and i have experienced it when i bet on sports with my $200 money and got a profit of $500 at that time i thought maybe if i bet again everything i hold, will to over $1000. but as a result i only got defeat and all my money was gone.
actually this kind of thing is normal for gambling addicts but it would be better if when gambling and get big wins to quit gambling for a while and go on vacation