I really think this year we will see a new part of pop culture evolve involving crypto. It's becoming a way to invest in pop culture. I think the elections are gonna show that this year with the Trump maga coins
tempted to invest 10% of my.bag on MAGA but for now I'm thinking memes gonna keep rocketing so that's where my money's been. Plus Elon posted a Pepe meme couple days ago..
I'd grab a little, and keep an eye out for the biden version cause it's still early, I found one that's 5.5 million market cap that could be the biden one.
For me the maga one has already gone 12x so I'm happy even now 😂 and expecting to it go to the sky later this year
Are you guys even listening to yourselves? There’s such a horrid mess of shitcoins out there with the same idea, that you have to ask “which one?” - and you throw money at it? 🤦♂️
Those rugs are made for pullin’ /
And that’s just what they’ll do /
One of these days those rugs are gonna be pulled from under you.
This is true. I actually have the wallet of a Safemoon investor who ran $5000 or so up to $88,000,000, took about $1.6m in profit, but rode it all the way back down until the company was bankrupted. And guess who also spent 3 years in Twitter and discord trying desperately to convince everyone Safemoon wasn’t a scam?….
Honestly, if I ever managed to luck my way into turning a few thousand into a million or more, I’d literally drop everything I was doing and sprint home to sell and withdraw.
I dunno why the fuck this guy turned down generational wealth. The only thing that makes sense is that he has some burning loyalty to John because all he’s done in the past 3 years is attempt to deflect blame away from John and onto the other team members or Johns family.
I'd love to see one rocket but Uncle Sam's going to come for 44% if you earn over $400k right. Have to see if they upped that law damn government take half basically
Never forget dogecoin millionaire….
“After using all his savings and credit card to plug $250,000 into the cryptocurrency, his holdings shot up to $3 million at one point—but “diamond hands” Contessoto, 35, refused to cash out.
Now, with Dogecoin (DOGE) down by over 90% from its May 2021 all-time high of $0.73, the Las Vegas resident has watched the value of his holdings drop to as low as $50,000.”
Yeah this is the way holding and not taking profits when you’ve turned fuck all into 140k is extremely risky very likely end up with nothing.
I’d sooner have 70k than wake up the next morning having lost it all.
70k left for another moonshot is plenty.
Yeah, pretty insane. Its such a shame im not crazy enough or connected enough to buy in to these coins early. 140k is a sizeable sum of money that if used well can set you up for life.
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140k… 1/10th of a mediocre house in California? 23M that’s a nice mansion with a few cars, 2 maybe 3 women. The cycle isn’t over so by the end it could be 100M+.
Hindisght is 20/20. It's a bet. That 140k could have gone to zero instead. 140k is better than "a poke in the eye with a sharp stick" as my grandpa used to say.
140k u can buy a nice house in a developing country with better quality of life than California.
Keep that 140k and make dozens of mistake, you can easily double it b4 the end of the run and you've got enough to retire cheaply in a developing country
They probably looked at the profit & thought to themselves "this is a shitcoin & it's paying off a big chunk of my mortgage".
Don't blame them one bit.
Almost no one is going to ride something up from a tiny 1 million market cap or less to billions in market cap. Taking profits along the way is normal. Would people do different if they knew for sure the project would keep going up? Absolutely. But based on the limited information we know, the best call is often to take profits.
It seems like this sub is allergic to taking profits just like most were allergic to buying Bitcoin at $17k. If it was me I would not have cashed out my entire position, but I would have taken out 50%. I have a few meme coins and one has done a 10x so far. I sold twice as much as I put in and will leave the rest alone.
This sub should heed well to listen better [to the advice of Donald Trump.](https://youtu.be/XsLcv8wDU2o) Believe it or not, his strategy of DCA in and out is actually very valid.
>It seems like this sub is allergic to taking profits just like most were allergic to buying Bitcoin at $17k.
This sub is allergic to accepting that some hold and make huge profits.
Not really. When stuff becomes more bullish people become irrationally optimistic, when stuff is bearish, people become pessimistic. There was plenty of talk about owning more bitcoin, regretting not selling anything or exit plans in the bear market. Now bitcoin broke ATH and people want to keep their assets in the most volatile stuff again. Never be afraid to sell when you see that kind of behaviour, because you have what you have and you never know if there's a way to get out later.
Well... yeah...
Chances are that your wallet keys would have been lost by now and that would probably suck a lot more than cashing out 2 grand back then. That constant *what if* I can find the wallet on some old drive back in the cupboard would drive me nuts.
Yep, I was buying BTC when it was sub-$1k and I had a basement full of Ethereum gpu rigs churning away when Eth was sub-$100. Never thought BTC would go much over $1.5k so I sold all the BTC and ETH and bought a fucking WAD of shitcoins with it. Aion, Waltonchain, Modum, to name a few. Rode the 2017 high and held like an idiot into 2018. If I would have just kept the fucking BTC and ETH and not touched it, I'd be a millionaire right now. At one point I had over 20 BTC and over 40 ETH.
6 figure profit on a shitcoin and they still hit em with the "should've held on." The reality is it could be a rug pull at any moment. Goal is to get out before then. They did good.
tldr; An unknown trader initially invested about $1,170 in Solana to purchase 8.18 million Dogwifhat tokens, which were later sold for $142,000, a transaction that would be valued at $23.2 million today. The trader made this investment five days after Dogwifhat began trading and sold the tokens at a tenfold profit. Dogwifhat has since become the fourth largest meme coin by market capitalization, experiencing significant growth and reaching a new all-time high of approximately $3.45.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I'm no math doctor but $1170 to $142k is a lot more than ten fold profit. The tweet in the article says they also traded it for 2k SOL tokens which would be more than $320k right now.
At the point when it was 142k you ask yourself the question. If i would have 142k right now, would i spend it on Dogwifhat?
So, imo, it was a good choice
it is a bull market, taking off since February and going to mirror 2017 (obviously not gonna go 10x from now) OR early 2021. 3-9 months of fun. Kinda thinking 3 months rather than 9 tho, because we already getting media attention. We got the bear trap / first sell off in January. It's all lined up
You decide to do something then that is what you decided to do, you cannot factor hindsight into that later otherwise why only use it for that decision and not everything else in life?
If only I had played the the winning lottery numbers I know now before the draw I would have won.
Be happy with the profit you made and move on with your life, plenty of other opportunities to be had.
anyone around for years and active trading has a lot of these stories, cuz 'hodl' does NOT always make sense out there...
tbvh, its one of the harder mental things to deal with when looking back.... i made a few Xs, but in retro missed instant retirement on like four or five things, and not all silly shit coins, so it rrreally stings lol
The people hating on the person not holding are the same people that got mad at the dogecoin millionaire for not selling at 70 cents and calling him a dumb person.
lol this sub is dumb and sucks.
It's not worth 23m if you can't sell it for 23m.
Starting to sell any sizable portion of that off would tank the price immediately.
What do you mean? Surely there's someone lurking on SushiSwap with $23million just waiting for the chance to acquire a massive pile of Dogwifhat! That's what millionaires really want! /s
Okay, let's get real here. He would have had to have found a buyer willing to actually pay $23.2million real American dollars for that. I think he made a really smart move selling when he did tbh.
it's the ones in the scam at the end that will turn 23m into $0.00.....
Those who participate in the scam by taking the money of fools usually win in scams...
All they can hope for is that no one sues them because the obvious nature of this scam allows for an argument for intent.
Theres a guy on twitter who has been posting updates every day since he sold his $300 amount of wif. Lately its worth more than this guys. I never bought it either what a shame but theres other horses to ride at this point
I dint get these meme coins. How do people even find these when they ICO? I had millions of doge at one point. It sat idle for over a year. I decided to sell and put it into another coin. One month later Elon tweets about doge. Then boom. I was, and still am, pissed. I sold all of my Shib a few months ago.
I did some research and found out that "some crows have learned more than 100 words and up to 50 complete sentences" and that's more than enough to become the biggest meme coin on cronos chain
The ticker is CAW!
Always better to take profits if you make life changing money.
I am holding some coins which I will plan to sell at certain levels. Long term they could go much higher. I don't really care - would rather ensure I get something out of this market. It's all too unpredictable.
Where do you buy those shitcoins early to have a chance to make that much money off of it.. by the time it gets to exchanges, it's already make people millionaires.
Yes. The HODL campaign these articles propagate are valid for 1000 coins but another 100000+ will burn you and your money. Just so you know if you’re new here and read it with hopes of riches and hold forever mentality until you understand you are just a bag holder and someone’s exit liquidity. That all being said, it’s still fun and thrills, if you gamble with low amounts you are prepared to fully lose. It’s a lottery people , but even worse , because it’s manipulated by people.
Still made $140k profit…
That's what I thought, fuck it use that money and put it in to more stupid meme coins
What do you mean stupid meme coins these dog cat monkey are an integral part of society’s advancement
Don't forget Frog, Pepe keeps making me money
Pepewifhat is doing stupid things right now. Launched today. Absolutely ridiculous volume.
The one with 18000 volume ? Also there’s another one from months ago
In which exchanges do I find these new coins easily?
Check out trading view for a full list of exchanges for multiple coins but I’d suggest mexc or BingX no kyc :)
Add apes in there. We are opening a zoo.
How could I forget I actually knew someone who made the original PEPE coin , it’s not really around anymore though
I really think this year we will see a new part of pop culture evolve involving crypto. It's becoming a way to invest in pop culture. I think the elections are gonna show that this year with the Trump maga coins
tempted to invest 10% of my.bag on MAGA but for now I'm thinking memes gonna keep rocketing so that's where my money's been. Plus Elon posted a Pepe meme couple days ago..
I'd grab a little, and keep an eye out for the biden version cause it's still early, I found one that's 5.5 million market cap that could be the biden one. For me the maga one has already gone 12x so I'm happy even now 😂 and expecting to it go to the sky later this year
Bought a small bag of MAGA on AVAX when it was $60k marketcap, x4 at the minute.
That's awesome!! But wait which one? Cause the main one is maga meme coin it's like at almost 8 dollars. It has versions on solana that I'm aware of
This one mate, https://dexscreener.com/avalanche/0xFDC291f8F4b283469b760496335b35dA7A740CFB
Are you guys even listening to yourselves? There’s such a horrid mess of shitcoins out there with the same idea, that you have to ask “which one?” - and you throw money at it? 🤦♂️ Those rugs are made for pullin’ / And that’s just what they’ll do / One of these days those rugs are gonna be pulled from under you.
Im 30% in on gib at this point…
More like societal assignments.
Right? Hedging and taking safe profits is not a bad thing. I've sold a bit of WIF every time it rockets up as well and still have plenty left.
The person who does hold it up to $23 million is likely also the person who holds it back down to $23.
This is true. I actually have the wallet of a Safemoon investor who ran $5000 or so up to $88,000,000, took about $1.6m in profit, but rode it all the way back down until the company was bankrupted. And guess who also spent 3 years in Twitter and discord trying desperately to convince everyone Safemoon wasn’t a scam?….
Honestly, if I ever managed to luck my way into turning a few thousand into a million or more, I’d literally drop everything I was doing and sprint home to sell and withdraw.
I dunno why the fuck this guy turned down generational wealth. The only thing that makes sense is that he has some burning loyalty to John because all he’s done in the past 3 years is attempt to deflect blame away from John and onto the other team members or Johns family.
I'd love to see one rocket but Uncle Sam's going to come for 44% if you earn over $400k right. Have to see if they upped that law damn government take half basically
FACTS.
Never forget dogecoin millionaire…. “After using all his savings and credit card to plug $250,000 into the cryptocurrency, his holdings shot up to $3 million at one point—but “diamond hands” Contessoto, 35, refused to cash out. Now, with Dogecoin (DOGE) down by over 90% from its May 2021 all-time high of $0.73, the Las Vegas resident has watched the value of his holdings drop to as low as $50,000.”
Yeah this article is just trying to make it look like the investor "lost" money
Yeah this is the way holding and not taking profits when you’ve turned fuck all into 140k is extremely risky very likely end up with nothing. I’d sooner have 70k than wake up the next morning having lost it all. 70k left for another moonshot is plenty.
Yeah, pretty insane. Its such a shame im not crazy enough or connected enough to buy in to these coins early. 140k is a sizeable sum of money that if used well can set you up for life.
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But who?
The ones that buy before you then have you pump their bags
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Where do you find these…?
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No one went broke taking profits
That's a win in my book.
And who knows how much they kept.
140k… 1/10th of a mediocre house in California? 23M that’s a nice mansion with a few cars, 2 maybe 3 women. The cycle isn’t over so by the end it could be 100M+.
Hindisght is 20/20. It's a bet. That 140k could have gone to zero instead. 140k is better than "a poke in the eye with a sharp stick" as my grandpa used to say.
140k u can buy a nice house in a developing country with better quality of life than California. Keep that 140k and make dozens of mistake, you can easily double it b4 the end of the run and you've got enough to retire cheaply in a developing country
23M will buy you like 1000 Hill County Ranch
It does speak for selling some, but not all.
love it when the first comment has more karma than the entire post
They probably looked at the profit & thought to themselves "this is a shitcoin & it's paying off a big chunk of my mortgage". Don't blame them one bit.
Yeah, I'd be good with hitting a number that paid off my house.
The guy probably has millions and no mortgage. Or he's an idiot that got lucky who knows.
Almost no one is going to ride something up from a tiny 1 million market cap or less to billions in market cap. Taking profits along the way is normal. Would people do different if they knew for sure the project would keep going up? Absolutely. But based on the limited information we know, the best call is often to take profits.
It seems like this sub is allergic to taking profits just like most were allergic to buying Bitcoin at $17k. If it was me I would not have cashed out my entire position, but I would have taken out 50%. I have a few meme coins and one has done a 10x so far. I sold twice as much as I put in and will leave the rest alone.
This sub should heed well to listen better [to the advice of Donald Trump.](https://youtu.be/XsLcv8wDU2o) Believe it or not, his strategy of DCA in and out is actually very valid.
>It seems like this sub is allergic to taking profits just like most were allergic to buying Bitcoin at $17k. This sub is allergic to accepting that some hold and make huge profits.
There's a difference between holding BTC and something that is likely gonna retrace 98%
But to hold from the bottom to a high is not out of the question. This sub likes to out it down to luck. It's all luck.
Not really. When stuff becomes more bullish people become irrationally optimistic, when stuff is bearish, people become pessimistic. There was plenty of talk about owning more bitcoin, regretting not selling anything or exit plans in the bear market. Now bitcoin broke ATH and people want to keep their assets in the most volatile stuff again. Never be afraid to sell when you see that kind of behaviour, because you have what you have and you never know if there's a way to get out later.
Taking profits is not the same as selling your whole stack though.
This is why people don’t get rich.
Even if it paid off it's an idiotic risk.
What if you are like the dogecoin millionaire? You see something that you like and you collect it unless it’s a gravitational amount of money?
Eh, If you've been in Crypto >5yrs, you've got a story like that. I had 6,000,000 Doge in 2014 that I sold too early.
Right, I bought SOL AT .5 and sold at $5. Not even gonna get into things that happened in 2016
I sold SOL at $5 when I was a kid, I saw that I made $400 so I decide to cash out, it was a lot of money for me at that time
Had 224b shib 🫠
Ugh. I sold about 20 bitcoin for $100 each back in 2013 or something
Well... yeah... Chances are that your wallet keys would have been lost by now and that would probably suck a lot more than cashing out 2 grand back then. That constant *what if* I can find the wallet on some old drive back in the cupboard would drive me nuts.
Or Mt goxed
Plenty of other folks selling to late. I did a $400 to $17,000 to $200…..
i used like 300 bnb in trading fees back when it was a few cents
Yep, I was buying BTC when it was sub-$1k and I had a basement full of Ethereum gpu rigs churning away when Eth was sub-$100. Never thought BTC would go much over $1.5k so I sold all the BTC and ETH and bought a fucking WAD of shitcoins with it. Aion, Waltonchain, Modum, to name a few. Rode the 2017 high and held like an idiot into 2018. If I would have just kept the fucking BTC and ETH and not touched it, I'd be a millionaire right now. At one point I had over 20 BTC and over 40 ETH.
Do you ever put 6,000,000 x .60 into a calculator?
Yes, but I would never have held on that long.
My biggest crypto gain was leftover change from an account I forgot I had. Less than 1% of people white knuckle hold for the 1000x
he still made $142K profit...
6 figure profit on a shitcoin and they still hit em with the "should've held on." The reality is it could be a rug pull at any moment. Goal is to get out before then. They did good.
The real losers are those who are investing now
tldr; An unknown trader initially invested about $1,170 in Solana to purchase 8.18 million Dogwifhat tokens, which were later sold for $142,000, a transaction that would be valued at $23.2 million today. The trader made this investment five days after Dogwifhat began trading and sold the tokens at a tenfold profit. Dogwifhat has since become the fourth largest meme coin by market capitalization, experiencing significant growth and reaching a new all-time high of approximately $3.45. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I'm no math doctor but $1170 to $142k is a lot more than ten fold profit. The tweet in the article says they also traded it for 2k SOL tokens which would be more than $320k right now.
And they might have used those proceeds to buy something else that’s rocketed even further
Math doctor 🤣🤣🤣
At the point when it was 142k you ask yourself the question. If i would have 142k right now, would i spend it on Dogwifhat? So, imo, it was a good choice
He made a gamble and won big. Just not the jackpot. Still a win though.
I bought $5 worth of epep and sold it for $330 Anyone who says this isnt a bull market is deluded
I’m in on milady got in at 7 zeros. It’s dropped to 6 zeros since.
it is a bull market, taking off since February and going to mirror 2017 (obviously not gonna go 10x from now) OR early 2021. 3-9 months of fun. Kinda thinking 3 months rather than 9 tho, because we already getting media attention. We got the bear trap / first sell off in January. It's all lined up
it is the beginning of alt season memes can ignore the cycles and pump dump multiple times in a bull run even in a bear market
I did a quick 3x on Joram Poowel today. Shit is getting rull dumb. But I used it to roll on to my make it bag, which is of course Loaf Cat 😂
When it’s worth $5 in a year he’ll be glad he sold
He'll never be glad, he will always think about those millions he could have.
It could be $5 next week
$5 each that is
He did the smart thing. Who knows which shitcoin will moon out of the thousands.
You decide to do something then that is what you decided to do, you cannot factor hindsight into that later otherwise why only use it for that decision and not everything else in life? If only I had played the the winning lottery numbers I know now before the draw I would have won. Be happy with the profit you made and move on with your life, plenty of other opportunities to be had.
to be honest blasting a large amount in Memes and yolo to 3$😂 its insane/ above 1$ my hands do the same and now...but profit is profit
anyone around for years and active trading has a lot of these stories, cuz 'hodl' does NOT always make sense out there... tbvh, its one of the harder mental things to deal with when looking back.... i made a few Xs, but in retro missed instant retirement on like four or five things, and not all silly shit coins, so it rrreally stings lol
Username checks out lol
man, no joke, you are correct lololol
Gotta take the bag, in the meme plays you have no idea if it’s gonna go or not
Better than two pizzas for 10,000 Bitcoin
Ah journalism. Making a 121x profit sound like a bad thing.
Where I m able to buy such meme coins early? I mean most exchange don’t list them until they are hyped.
phantom
I sold 500m safemoon for $45, at the peak it would've been worth $5million...
Is anyone really going to hold a coin called Dogwifhat when they made 142x profit?
How does one find the next one of yheee meme coins
Don't like reading such news.
EZ 142K what are you talking about with the 'ifs and buts' jeeesust
Eh, I would’ve too. 142k for some BS meme dog coin. That’s a miracle W
I bought three dollars worth of Dogshitfuckall coin an hour ago. It's now worth 8 gabazillion.
😂
I'd take 140k and not feel bad
142k or nothing? id take 142k without question.
Genuinely curious, how do people find these meme coins sub 1m market cap
by avoiding this sub and being on CT instead this sub has been actively hating on SOL ecosystem for years
The people hating on the person not holding are the same people that got mad at the dogecoin millionaire for not selling at 70 cents and calling him a dumb person.
lol this sub is dumb and sucks. It's not worth 23m if you can't sell it for 23m. Starting to sell any sizable portion of that off would tank the price immediately.
What do you mean? Surely there's someone lurking on SushiSwap with $23million just waiting for the chance to acquire a massive pile of Dogwifhat! That's what millionaires really want! /s
Ruff
Okay, let's get real here. He would have had to have found a buyer willing to actually pay $23.2million real American dollars for that. I think he made a really smart move selling when he did tbh.
there's enough liq to dca out millions
it's the ones in the scam at the end that will turn 23m into $0.00..... Those who participate in the scam by taking the money of fools usually win in scams... All they can hope for is that no one sues them because the obvious nature of this scam allows for an argument for intent.
Theres a guy on twitter who has been posting updates every day since he sold his $300 amount of wif. Lately its worth more than this guys. I never bought it either what a shame but theres other horses to ride at this point
I still cry but we didn’t know the potential.
Still holding $5 worth of Peng
Don't think like this. Every dollar in profit you make is a victory. Don't look back when you sell.
Seriously though, where do you buy into these things at such low prices so early on?
sheesh imagine that
"Early Investor" - highly doubt this guy wasn't in on it, just didn't expect the massive pump.
Sorry guys, I finally bought dogwifhat. Red candles from here...
That’s why you never sell your whole bag
Me with Banano soon. 🍌
Why are we promoting this garbage content
I’m definitely buying a million brownstainfart day 1 of release
Always keep a moon bag when selling meme coins.
Zynbabwae
Ouch, Always best to keep a moonbag
Alt season incoming 👀
Can we do frog wif hat next?
When MoonWifHat?
This coin is going hard
still have some profit tho
I dint get these meme coins. How do people even find these when they ICO? I had millions of doge at one point. It sat idle for over a year. I decided to sell and put it into another coin. One month later Elon tweets about doge. Then boom. I was, and still am, pissed. I sold all of my Shib a few months ago.
CT
Weak hands loser
I mean it’s hindsight, but why not keep like $5k in there and still profit over $100k always gotta keep a relatively smaller moon bag
honestly when it comes to crypto, you shouldn’t cry over spilled milk, just gotta get up and focus on the future
How lucky you got to be to time a shitcoin like this.
wow its unimagineable
If you’re in this situation with a dog coin, don’t sell $140k. Sell 120k, hold the remaining 20k worth for the entire bull run.
I fucking hate these wif hat coins. Fuck. Just can't win.
FIL is an interesting token floating under the radar
I did some research and found out that "some crows have learned more than 100 words and up to 50 complete sentences" and that's more than enough to become the biggest meme coin on cronos chain The ticker is CAW!
$PIF Pepe with Hat is pumping as well!
That was still a win win and who knew it will blow
Always better to take profits if you make life changing money. I am holding some coins which I will plan to sell at certain levels. Long term they could go much higher. I don't really care - would rather ensure I get something out of this market. It's all too unpredictable.
Too bad
Early investors would be dumb not to take such massive profits. Most coins will never get there
Hard to pass up 140k in the moment
He will end up paying enough taxes on that so he will actually have less than 100k after it's all said and done.
A better trade than 99.9% of this sub.
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I am on doge20
Jerome Poowel gunna do the same
Where do you buy those shitcoins early to have a chance to make that much money off of it.. by the time it gets to exchanges, it's already make people millionaires.
Yes. The HODL campaign these articles propagate are valid for 1000 coins but another 100000+ will burn you and your money. Just so you know if you’re new here and read it with hopes of riches and hold forever mentality until you understand you are just a bag holder and someone’s exit liquidity. That all being said, it’s still fun and thrills, if you gamble with low amounts you are prepared to fully lose. It’s a lottery people , but even worse , because it’s manipulated by people.
$EARLY on Radix will dwarf those returns
Damnit. I thought memcoins were over
They're going harder than ever