Brothers in the square, let's speak from the heart today: if you are not making much profit playing memes, it’s better to give up early. Let's not become someone else's ATM.
Making money in this market depends on your own skills, but now ordinary retail investors find it really hard to make big money in memes. I used to love jumping in, but after observing, I found that especially in the BSC side, the dependence on Binance and the 'Dual Saints' is just too high. The highest expectation for a meme is to go live, which has led to the current traffic codes being all distorted.
Brothers, remember, be very careful with memes that are not related to the Dual Saints! Many projects now are actually operated by some big influencers themselves, and their business model is extremely simple and crude:
Build a position
➡️ Go to the Dual Saints comment section and interact crazily
➡️ Ride the wave of replies to pump it up
➡️ Dump and leave
What is the biggest consequence of this kind of play? It scares away all the real players. The pool limit visibly decreases, and in the end, it all turns into a zero-sum game of picking each other's pockets.
Money is hard to earn and shit is hard to eat; if we can't win, let's just hide. Isn't it nice to hold some USDT and invest in something? If you keep losing, definitely don't donate money to those KOLs, after all, we are not masochists, right! Keeping a tight grip on your money is better than anything.