my friend thinks of a scenario where the BNB floor collapses > where will the BNB coin go! while it tries to create an ecosystem. this ecosystem only produces coins to attract new people.

With 8 years of experience in cryptocurrency trading and having suffered significant losses since 2019, I have drawn the following lessons for everyone:
- If you need money and are greedy for quick wealth, 100% of you will perish first.
- Meme coins and small altcoins are only suitable for quick trades; anyone who gets pumped into investing thinking to hold until they die because they will see it 100 times in the future, only coins from exchanges like BNB, ETH, and BTC can be held long-term.
- When the altcoin market is in a phase where everything you buy goes up, that is the moment of peak distribution and selling off to get USDT.
- USDT during a major market crash has very shocking prices; in 2021, when the dollar was around 24K, there were times when USDT was sold for up to 28K, meaning the trend is holding USD is king.
Many people invest billions here without experience and then trade futures or spot markets and lose everything if they don’t understand the rules of the game. That’s why it’s advisable to have a guide when participating or to wait until you lose money to learn the lesson.