Countless dreamers in today’s memefied markets are gambling $50 here, $100 there, and more and more on what are known as Shit Coins!
Billions — real billions — are getting pilfered annually through a variety of cryptocurrency scams. The way things are going, this will only get worse.
Dreaming of an X100 is lovely and an X1000 is ecstatic especially when it happens quickly, but the possibility of it happening is dramatically low. More than 90% of people investing in shitcoins will either get rugged or used as exit liquidity or watch their investment die. The stories of people getting rich from shitcoin are entertaining as the stories of people getting rich from lottery tickets.
Choosing the "safe" steady and slow path to your financial freedom is probably the best choice and eventually, you will be rewarded! Let's say you invest in the 2 best "safest choices" crypto projects in the world (BTC) and (ETH).
- From the bear market low of December 2018 to the bull market high of April 2021, Bitcoin's price increased by over 3,500%.
- From the bear market low of December 2018 to the bull market high of May 2021, Ethereum's price increased by over 6,500%.
- Is there a guarantee of that? I cannot say for sure but there is the highest chance to happen rather than your shitcoin.
Stay safe out there guys and choose wisely, your future depends on it!
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