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himgajria
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You stop telling lies about our coin,
I’ll stop telling the truth about yours.
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himgajria
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“I’m not comfortable holding memecoins because they lack fundamentals?” They don’t lack fundamentals — you’ve grown up falsely associating fundamentals with business catalysts. Prices are influenced by demand/supply. What influences demand/supply? Something we call fundamentals. Your view of investing changes when you realise fundamentals are nothing but whatever moves prices. For memes — memetics. For businesses — product, team, debt. For real estate — development, population.
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Every time we’ve retraced and pumped after — you had wished you bought. Yet, you will not do the needful — again.
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If the product is the market cap — and demand and supply is how it works: The team buying back and burning the supply with liquidity fees creates supply pressure. I.e. Improving the product daily. For a startup that does nothing, we have the best product-market(cap) fit.
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Every successful trade I’ve been in has had >50% corrections on a weekly basis, some even on a daily basis. As long as the memetics are good — Retracements quite literally make the token better, not worse.
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The next facebook will not be a social network. The next google will not be a search engine. The next apple will not sell phones. The next fartcoin will not be [slur]coin. Look for novelty. The product is the market cap.
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