Im one of those people that follows CT pretty closely, it really is a cesspool (like all aspects of twitter) but you do find good alpha there and some nice gems of insight. Youll see people with 8 figure net worth posting about anime and frog pictures saying “4” ad nauseam engaging with all sorts of people, sharing their disdain of the traditional system with the rest of us. This is how i came across $PEPE several days ago, but opted not to invest because like many of you im not into “shitcoins”. Im sure many of you have had a similar experience with PEPE or Queen Elizabeth Inu or SHIB or Mongoosecoin etc.
Seeing these giant green candles i said “its okay itll dump”. It didnt. Sidelined watching its market cap go from 20M to 300M. I know its money i never had therefore money never lost, but sad to watch the ship set sail and then i came across this tweet:
its ok if you dont wanna touch it because it doesnt suit your timeframe preference or style but realize "its gonna go to zero eventually" talk is exactly what tardfi ppl say about crypto, ppl getting rich on not-your-bags is not a threat to your profitability or your self worth.
We often say X is a shitcoin and its doomed to fail, but theres not really any benefit to you. Whether its copium or tribalism or some weird superiority complex we should want everyone to succeed. It can be PEPE or SOL or Reddit Avatars (dont you dare) but at some point we’ve all done it.
Im guilty of this too and in the future will try to be more constructive with my opinions. Im sure some of you are thinking “what a shit take think of the people who lost it all” and you’re right, but we know the risks of dumping everything we own into a frog coin. We should warn people of obvious scams, but dont hate on something because it made someone else money or its simply not your cuppa.
We should support how people choose to invest and im happy for yall even if our bags would never be the same.
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