Meme coins, to put it simply, are like passing the flower while beating the drum. To make money, you have to run faster than others; if you run too slow, you'll become the bagholder. So never develop faith in Meme coins; that's not investing, that's gambling.



Looking at last year's wave, almost every month there was a legend of a coin that multiplied ten thousand times. How many people were attracted by these wealth-creating myths, dreaming of getting rich overnight? And what was the result? Turn around and look at the current prices of those coins, and you'll understand what the ending of passing the flower while beating the drum really means.

I've experienced it myself too. Last year, I sold my Dogecoin at 0.46, honestly feeling a bit regretful at the time, thinking it might still go up. Looking back now, I'm glad I sold quickly enough. Those who didn't sell? Well, let's not mention them. Meme coins will always be Meme coins; the pattern is right there.
DOGE-0,81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
NFTRegretfulvip
· 2h ago
Speed is the only rule for making money, don't talk about any beliefs.
View OriginalReply0
ForkItAllvip
· 13h ago
I sold too early, now I regret it to death. I should have gone all in when it was at 0.46.
View OriginalReply0
UncommonNPCvip
· 01-09 23:21
Exactly right. I saw friends go all-in with crazy FOMO last year, and now they're all cutting losses one by one. It's all a game of pass-the-parcel; if you play it poorly, it's life. 0.46 to liquidate Dogecoin? Ha, now that's real skill. I know a few who still hold on tightly, and they're probably kicking themselves now. Meme coins are the gamblers' paradise; all this talk of faith is just self-deception. What a pity—every time, new rookies get caught, cycle after cycle.
View OriginalReply0
FloorSweepervip
· 01-09 08:33
ngl the people still holding those bags from last year's pump cycle are basically funding my next accumulation phase, not even mad about it
Reply0
GasFeeDodgervip
· 01-08 03:50
Really, I also wanted to take a gamble at first, but now I have completely awakened. Last year, some people really made a fortune, but more people became the bagholders—such a bloody lesson. 0.46 escape top Dogecoin is truly impressive. I was still dreaming of getting rich overnight back then, haha.
View OriginalReply0
GasGuzzlervip
· 01-08 03:40
That's right, I almost got caught up in that wave last year, but luckily I woke up in time.
View OriginalReply0
degenonymousvip
· 01-08 03:36
That's so true, the metaphor of passing the flower while beating the drum is excellent. I only understood it after being trapped myself.
View OriginalReply0
LiquidatedThricevip
· 01-08 03:29
To be honest, I’m part of the group that’s been burned before. Now I just avoid these kinds of coins altogether, consider it paying tuition fees. If you can’t get out, you’ll get cut. Nothing more to say. Selling Dogecoin at 0.46 was really good luck. I was still holding onto the dream back then, and guess what... Believing in Meme coins is trusting luck. I don’t want to gamble again. For those still dreaming of 10,000x returns, wake up. The odds are not on your side at all.
View OriginalReply0
liquiditea_sippervip
· 01-08 03:25
That really hits home. I thought the same last year, and ended up losing big. Honestly, once you start believing you can hold until the price hits a sky-high level, it's basically setting a trap for yourself. Selling Dogecoin at 0.46 was really impressive. I was still thinking about whether it could multiply tenfold back then. Looking back now, those stories of coins that come out with ten thousand times in a month are all just scripts for harvesting the chives. And the key is, some people really dare to go all in. How can they not end up with total loss? But on the other hand, it's not easy to always hit the right point. Most people just miss by a few tenths of a second and become the bagholders.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)