I went through the same here and now with this and the ups and downs over time, we have learned quite a bit.
X mucaN
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When I started trading crypto, I got in during the Shiba Inu era and bought $SHIB for about $63 in 2020. Then I woke up one day and saw nearly $20,800 in my Trust Wallet in 2021.
This was my first big win in crypto. After that, I bought Safemoon and a lot of meme coins on BSC with about $200, trying to flip them into something big.
This is how I started losing money until I was down to my last $300, which was both depressing and heartbreaking for me.
Ever since then, I have been struggling and trying to get another big win in crypto; today, I don’t even have a portfolio worth more than $280.
I also have friends who made a lot of money from Shiba Inu, but today many of them are struggling financially.
I tried trading meme coins last year and lost about $1,650; I almost borrowed money to trade meme coins because of the amounts I was seeing people make from trading them.
To everyone reading this on X Mucan: when you start making money from trading meme coins, don’t invest more money into meme coins.
Buy Bitcoin instead.
I learned a very bitter lesson from this.
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