What's the flaw in investing into an obvious scam or meme coin while its giga pumping, but only for a very short period of time. Like lets say you see some shit coin up 40% in like a day and rising. You know it's going to rug pull probably within the next few days even, so you exit after a short period of time.You'll probably not make as much as the next guy and not as much as the people about to rugpull, but you still made money without an extreme risk getting stuck with it when it collapses.I'm looking at whatever the fuck CAITcoin is as it 40 something percents and thinking if had tossed some money at it when it first started "trending" and sold right now I would have made a bit of money. Of course this thing could crash at any moment, but I'm just saying.Buy Low, sell Mid? Thoughts?
>>62676307That only works in frothy bull market tops with an abundance of greater fools more greedy than you willing to step in and buy your bags. I remember getting 2xs and 3xs on random sol coins spilled here in 2024. You dont want to do that now because there are fewer players in the pvp meme shitter trenches and the ones that are left are desperate and will trap you.
You got one thing right. Risk has a price.
>>62676372I'm not even talking 2x with this though, I'm talking like 1.5xs, just doing that with whatever is the "next thing to come on X Exchange". Gently feeding off the initial upward trend from the speculatives.
>>62676746In bear markets they'll rug you for pocket change. You can play a bit just to learn but wait to hundreds or thousands on shitters until a frothy bull market top. Not the BTC price top but a euphoric emotional tops like in March 2024 and late 2025.
>>62676960>late 2025Late 2024 early 2025
>>62676746You are really a fool. The whole of crypto is against you, it has been revealed as a scam to literally everyone with eyes to see, not just once but multiple times. Yet here you are, looking for pocket change in a haystack of 200 million crypto scams. It's honestly pathetic and I feel sorry for anyone still willing to jump in the bucket of crabs. Go do something productive with your life dude you can make money in plenty other ways
>>62676307there's no flaw retard
The embarrassment of putting on your tax return "DogEpstienInuFart" and "CreamyBussyPlap".
>>62676960I don't get it, you're telling me the moment I drop 1k on some shitcoin they'll all just instantly sell?That would imply every buyer before that point was just the owner priming their bait for pocket change.
>>62676307Someone did that 'a very short time' before you and you are their exit liquidity. Musical chairs anon.
>>62678302Most pumps on low liquidity shitcoins are fake, so thats exactly what happens. Bots pump the price artificially then rug you. Learn how liquidity and order books work. If you want to gamble just buy spy calls everyday on open, its better use for your money
>>62678313>You are that exit liquidityYet their was a solid high percent gain in the value of the asset for a day, meaning that the guy before him did not consider that guy his exit liquidity.I see the point that you could "Always be the sucker who's the last guy's exit" but I think that's a bit overly paranoid for what is being proposed here, since there are going to always be more people lusting for the top, not the mid.>>62678346Alright then, I'm going to throw increments of 100USD at random shit coins and see if that just completely decimates them forever. I'm not entirely convinced I have that much "power".
>>62678427>I'm going to throw increments of 100USD at random shit coinsDo that during bull market crapto tops when the number reply is "CA?" (Contract address?). Doing that now is asking to get farmed.
>>62678427idiot
>>62678690Be more informative
>>62678779kys ranjesh
>>62678779You gotta give somethin if you wanna get somethinRootin for ya
>>62678856The more I get reaction like this the more I feel like this isn't something "profoundly stupid" but a behavior that isn't beneficial for the market, because people are logically trying to squeeze the most out of any investment and that's a predictable behavior.
>>62678302>That would imply every buyer before that point was just the owner priming their bait for pocket change.Yes.
>>62679652Ok I did a bit of reading about "Wash trading" and I see how it works. The question is, can this be used AGAINST the shitcoin owner?
>>62680957>can this be used AGAINST the shitcoin owner?Yes, it can be quite profitable, depending on how lazy the shitcoin owner was with their setup. But all means to counter wash trading are not easy to execute, and you'll lose money if you fuck it up.
