Well it seems that you don't understand what FOMO really means. The fact is many people mistake FOMO for being scared and regretting to invest in an altcoin only however it's not just that. Rushing to invest in anything without actually having a valid reason backing up your actions can be classified as FOMO. If a friend talks about investing in an altcoin and you just jump into doing so without doing any research just because you want to make profit, it's also as a result of FOMO.
My questions for you are ;
- Why do you want to invest in PEPE unchained?
- Have you done proper research about the project ?]
- Are you sure your source is legit and carries the right information?
I believe answering these questions will tell you if you should or shouldn't invest.
Well the basic idea behind posting here is to get as much relevant information about the coin Pepe Unchained as possible.. Its not about FOMO.... it was just something being discussed and without jumping to conclusions i thought of asking here... in context to DYOR
Thanks for pointing out the ight questions though
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I did not see the coin on a site that I do check existing coins and tokens. That means it is a new project. Right? New projects are very risky. Can you give us the link to the project?
Some new projects are fake and they are created to scam people. While many that are not fake will make users lose money.
Well i know that Pepe itself has many coins under its name... so in the flow of discussion Pepe Unchained was mentioned.... and i just couldn't think of any other platform for research.
Is Pepe Unchained a worthwhile investment, or should I be cautious?
Sorry, I don't know this Pepe Unchained, but:
If the one introducing you to this would have really been a friend, then he would have been telling you more on this topic.
Since he didn't, then it's either not a friend, either it's just you advertising that altcoin or token (sorry, I don't know what it is).
So, shortly: beware of FOMO advertising, do your homework properly and invest with caution.
I will add that all altcoins I've invested into have disappointed me - sooner or later. You may want to consider taking a look on bitcoin before going for the much more volatile altcoins.
Definitely!! this research is for precautions.
This probably just another meme coin to trap people so that the dev can profit.
I mean from my experience any meme coin that try to adopt its predecessor names always ended up either being a meme that gets abandoned after sometime or just outright rugpulling people.
I don't believe in memes that don't have authenticity, I sometime don't believe in meme coin that are original either, but I think if you really invest in meme coin just pick pepe, wif, or shib.
at least you won't get rugpulled.
Thanks for your suggestion.... Appreciate it
But before I dive in, I wanted to hear from the experts. What do you all think? Is Pepe Unchained a worthwhile investment, or should I be cautious? I'd love to get your opinions on the potential risks and rewards associated with this project.
This is to let you know that there are at least 20 or more memes riding on the popularity of Pepe. I invested 5 in them and lost half of my investment; these PEPEs have the same slogans to capture the attention of investors, but make no mistake: it's another cash cow for developers who are riding on the popularity of memes.
If you're going to invest, only invest what you can afford to lose, and don't get hooked on FOMO; it's always been a trap, especially if it's coming from the memes model.
So like non of the Pepe's are worth it?
Or is it possible that you didnt come across Pepe Unchained yet?
Of course once we start driving up this road losing all our investments can be the next steep curve... but one must also have high hopes once in a while...
and regarding Pepe... will definitely do more thorough research