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Author Topic: Why you need to have spare USDT in this bullrun.  (Read 621 times)
TheVeteranAngel (OP)
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March 15, 2024, 11:38:55 PM
 #1

Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
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March 16, 2024, 08:25:51 AM
 #2

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

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TheVeteranAngel (OP)
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March 16, 2024, 06:33:55 PM
 #3

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

Binance listing BOME in there derivative market is a big plus to the token so there is still a lot to expect from the token in the future. Though the price is retracing after the bullish move. Unfortunately, I didn't buy it when it was listed on Bitget. A couple of my friends who got in early made easy 7× of their investment.
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March 16, 2024, 08:41:21 PM
 #4

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

Binance listing BOME in there derivative market is a big plus to the token so there is still a lot to expect from the token in the future. Though the price is retracing after the bullish move. Unfortunately, I didn't buy it when it was listed on Bitget. A couple of my friends who got in early made easy 7× of their investment.

More like 8X. I think you should look at retracements and check the volume..rn the volume is exceptional on the platform you mentioned.  so bid on retracements but use DCA...As always NFA .
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March 17, 2024, 04:39:49 AM
 #5

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

To invest in the type of coins you mentioned, first of all you need to know about the projects well and then plan to invest. I don't think you should make much money in these types of projects because the prices tend to go up very quickly, as opposed to the prices going down. They happen so quickly that it is often difficult to predict.

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March 17, 2024, 08:18:40 AM
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 #6

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

To invest in the type of coins you mentioned, first of all you need to know about the projects well and then plan to invest. I don't think you should make much money in these types of projects because the prices tend to go up very quickly, as opposed to the prices going down. They happen so quickly that it is often difficult to predict.

Maybe they only base the idea that once a token will be listen on binance it will automatically experience a big pump that's why they are so positive about something bullish condition to those tokens. Although there are possibilities that it will pump like that then the question on how much we can handle the bullish pressure since sometimes people would became so greedy and lose their money once there's a correction to come on those tokens they bought. This is why its important for them to know their what is their target for the token they bought and plan when to sell so they can accumulate a profit from this. Market is really so difficult to predict so its important for us to know our targets when trading those tokens.

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March 17, 2024, 10:26:48 PM
 #7

If you're a spot trader then you truly need to have some stable coins prepared for you to buy those altcoins that you have spotted. As for these new projects that are being released in market, it's true that they're being the center of the attraction lately because every investor thinks that the earliest that you can get, the better opportunity and return of investment that you'll get. And as you've mentioned that BOME, I've just noticed it and Binance is also going to list it but not with spot but with perpetuals so, I guess that the exchanges aren't also missing the whole point of these newly released memecoins in the market. For that specific memecoin that's newly released, I've seen that it's listed on many centralized exchanges already.

Binance listing BOME in there derivative market is a big plus to the token so there is still a lot to expect from the token in the future. Though the price is retracing after the bullish move. Unfortunately, I didn't buy it when it was listed on Bitget. A couple of my friends who got in early made easy 7× of their investment.
I don't buy coins like this as well but those that knows the game will get in to these too early and will baghold with a lot of capital that they're ready to risk. I'm not that type of investor and that's why I'll let it go and will just look on how's its progress later on. It's still new and with what I've noticed with Binance's move, if it's with these coins that are getting popularity then they're going to list it for free but I have no idea if it's the same with BOME and then they always put it on derivatives or perpetuals first before they proceed to listing it on the spot. They're playing this market very well and wisely because most of the hype traders and investors will do whatever it takes when the FOMO is in and that's hard to stop it from a community that's following the trend.

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March 17, 2024, 11:28:42 PM
 #8

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project
That's how every traders/investors think when seeing new "great" project. While it's possible to increase your profit for 10 folds by these new projects in span of 6 months to 1 year. It is also good to note there is a high chance of lossing them overnight.

Seriously speaking though, i never bought any meme coin except for doge, of course. As i only see these meme coins are backed by nothing but only popularity of someone who promoted it, nothing relevance on those projects.

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March 18, 2024, 06:02:15 AM
 #9



With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

For investors that have the risk absorber to gamble their funds in these new projects, it's ok for them to have standby funds in usdt, Incase they see a project that they feel confident to invest in, so they'll swap and be among the early investors, or they can leave their funds in Bitcoin to be accumulating profits for them pending the time they see a project to put money in, because usdt doesn't give you ROI. I'd just advice investors that are into new projects to carry out research before investing, and if the project pumps massively, let them sale because they don't know if the project will dip and never recover.

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March 18, 2024, 07:11:44 AM
 #10

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
Well for some traders believed on utility maybe this smashes them a lot. Yes they thought memecoin is really a piece of shit but looks how many gains some people believed in it. Though its a shame to invest with a meme like that it really did some potential. Now people finding the next shit and this will last long especially if some cex cooperating and listing them. This crypto world is a big pump and dump. Just ride and youll be rewarded.

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March 18, 2024, 07:32:22 AM
 #11

Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

It means that people should have some money stored as cold funds that can be used to buy a potential coin like that. To be honest, the meme coin trend makes me feel very skeptical about the utility of coins these days. It seemed to me that people do not consider the utility of tokens as something important that should be owned by the token.
As long as they can use that coin to gamble and that's fine for all of them to buy such coin. I think that i don't really care to the utility of token since this is BS. So many meme coins have not utilities have gotten billions marketcap and it's very very contrast to the some good tokens that have offered good product to the users.

People are only willing to gamble in the crypto, and that's why pumping altcoins like meme coins will become one of the most profitable ways to double your money these days. You told me that if utility is nothing rather than bullshit. Speculatiors are everywhere.
A smart investors will always have some funds available in their wallet to buy the good tokens that potentially to be pumped. Keep some amounts of stable token in our wallet is good. The only point that you missed it if you must have money to buy the tokens.

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March 18, 2024, 08:31:05 AM
 #12

Binance listing BOME in there derivative market is a big plus to the token so there is still a lot to expect from the token in the future. Though the price is retracing after the bullish move. Unfortunately, I didn't buy it when it was listed on Bitget. A couple of my friends who got in early made easy 7× of their investment.
Yes more are still coming to be listed but that doesn't guaranteed to be legit there are some those listing are contracted and once the contract end Binance will still delist them so so that is not a guarantee to invest in a meme coins. Though most of them do well but we have to be careful with the altcoins because they number of altcoins that are coming to the ecosystem is getting out of hand.. every developer is interested to create one or more shitcoins and launched it with some capitals and we don't know what will happen to these altcoins in the future.

As it is increasing day and night scammers are also on it to devour some victims therefore invest wisely. And any coin listed by any of the major exchange is a plus to that coin because investors can sell their coins there and more people will invest in it.









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March 18, 2024, 08:41:48 AM
 #13

I have spare USDT always because sometimes when the market is congested at least I can transact easily using USDT and also reserving some funds make us ready buying anytime that the market have a dumping season when we cannot afford selling our hold coins but to use our extra assets in stable coins.









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March 18, 2024, 11:45:46 AM
 #14

Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
To have some money ready in the case an extraordinary opportunity arose on the markets is a must, since you do not want to miss an opportunity that you may think will surely make you money.

Still, meme coins are very risky investments, and while it seems that you did well with your investment, those kind of results can be hardly repeated, so if you take the risk to invest in other meme coins, it is unlikely you will get the same or similar results.

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March 18, 2024, 11:50:11 AM
 #15

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

To invest in the type of coins you mentioned, first of all you need to know about the projects well and then plan to invest. I don't think you should make much money in these types of projects because the prices tend to go up very quickly, as opposed to the prices going down. They happen so quickly that it is often difficult to predict.

Sometimes with this kind of trading, especially if you are only starting you must go with what you think is already good enough at the moment. I know people who would be bad at this type of trading and would never gain profits because they usually think too high.

They think the coin can still go lower or higher and then they wait. If you have been in the field for quite some time, I am sure that market analysis is something that you have already learned. Yes, it’s almost impossible to accurately predict the movement of a coin but you will get a rough estimate if you knew how to analyze the market and its patterns well. It’s definitely not for everyone but could be learned by someone determined and experienced

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March 18, 2024, 06:06:07 PM
 #16

To buy the dip i guess and to save any open position you have in any DeFi project. But its already useful to have some spare funds at your disposal in case you see an opportunity and want to take it. In a bull run there will be a lot of opportunity to make money so you must have some funds allocated for them so that you can take it when you see it. Market won't go straight up, it will move more like an ups and down cycle so in a bull run most of the token make higher high and lower low which means its easy to buy low and sell high.









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March 18, 2024, 06:19:52 PM
 #17


don't get too comfortable in being an early investor in a new project such as memecoin. by the time you are used to not expecting a rug pull and you invest so big because you think this is another profitable investment, you might be wrecked in the ass.

it's the times like this correction, that spare USDT will be useful before the coins are cheaper. you can either choose the popular memecoin or the altcoin that you have been wishing to have grabbed a bag. i did earn a few coins so I bought some KASPA.









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March 18, 2024, 08:24:04 PM
 #18

What is strange about this market trend is that the market cap of many meme coins has become more significant than that of solid projects interested in technology. You can check currencies such as BOME, PEPE, and FLOKI, which have achieved billions of dollars now.
This indicates the extreme greed of investors who invest in coins without real projects or well-known teams, all for the sake of quick riches driven by the hype of these coins generated by their communities.

 It is worth noting that there is great difficulty in being one of the first investors in these meme coins before they are listed on exchange platforms. After great luck, you are required to research Intense, and of course, the matter is not without great risk, as it is possible to easily fall victim to the RugPulls and lose your capital, as there are no guarantees. Indeed, whoever wants to take risks should hold stablecoins such as USDT or USDC to buy during sharp dips. It is a mistake to enter his capital at once at a certain price level.

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March 18, 2024, 11:48:49 PM
 #19

This indicates the extreme greed of investors who invest in coins without real projects or well-known teams, all for the sake of quick riches driven by the hype of these coins generated by their communities.
The greed around this circle is going to be unparalleled. Not even the 2017/18 market circle can equate it. The level got to over 80% last week. As I type this, it's down to 77% and I know expectedly that it will push up as days draw near to halving.

Investors are cashing in on this opportunity and based on that scam developers are steadily going to the market with hype for their shit tokens. It's almost a given that any hyped project that lists now will definitely turn in a great ROI. Memes are now the order of the day as many see them as an easy way to flip their accounts. With all these going on, newbies should be careful not to buy into hyped projects without utility. They should just stick to Bitcoin, except they know how to swim in muddied water.

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JeffBrad12
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March 19, 2024, 01:55:01 AM
 #20

its good to have some spare USDT that you can afford to lose just for the sake of investing in meme coin hoping it would become something big indeed but you should bold the calculated risk word here indeed it requires calculation otherwise if we go all in we'd be broke.
I mean in solana there are so many meme coin being introduced and there are many people that are willing to invest, as the saying goes, people always throw money into the most random project ever in bullrun.
that shit project that everyone ignore in bearish will become a project that grows its market cap significantly, same thing with these meme coin craze, silver lining is that only use money you can afford to lose.
after all so many time people are buying meme coin at peak then finding themselves losing because they can't really understand the cycle of meme coin I mean the whole thing is being called speculation for a reason, for those that know the ins and outs they're gonna be fine.

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