My story with cryptocurrencies started in 2021, and like many beginners, I entered knowing almost nothing. The only coin I heard about was Bitcoin ($BTC #MarketPullback ), but my first real contact was with $TRX Tron). I learned about TRX through financial pyramid platforms while researching ways to "make money online."
These platforms pointed to brokers and digital wallets, and that's how I got to know Binance and Trust Wallet. Yes, I lost money on these platforms, and today I see that I would have made a considerable profit if I had just held my TRX, which at the time cost between 0.02 and 0.05 cents.
When I distanced myself from these platforms, I started to truly explore the world of cryptos. That's when I began investing directly through Binance, and I jumped on the wave of meme coins like Shiba Inu (SHIB) and Axie Infinity (AXS).
But I made common beginner mistakes:
I didn't have patience.
I didn't know how to sell at the peak.
I held on believing in speculations and unrealistic promises, like "it will hit 1 real."
I saw my investments plummet and not return even to the price I paid.
That's when I started researching more deeply and understanding the manipulation behind meme coins. Many influencers and speculators sell promises that make no sense, and still call you "lettuce hand" when you want to sell. But today I know that it's not weakness, it's strategy.
For example, with PEPE, which fluctuates between 0.00001176 and 0.00001476, if I invested 1,000 dollars and sold at the peak, I would have 1,255 dollars, meaning a profit of 255 dollars. And that's it: with meme coins, reasonable profit only comes with a high investment amount and a clear exit strategy. If you don't sell at the first peak, you risk the price never coming back — something that happened to me several times in 2021.
---
Why don't meme coins hit 0.01 cents?
Many people believe that coins like SHIBA or PEPE can hit 0.01 dollars (1 cent), but that's not realistic. Here's why:
These coins have absurdly high supplies — we're talking about trillions or quadrillions of tokens.
For SHIBA or PEPE to reach 0.01 dollars, they would need a market capitalization greater than the entire market value of Bitcoin, and sometimes even 20x greater.
Example:
If PEPE has 420 trillion tokens in circulation, for it to be worth 0.01 dollars, the capitalization would have to be:
420,000,000,000,000 x 0.01 = 4.2 trillion dollars.
That's more than the entire cryptocurrency market combined, currently.
In other words: it's not impossible, but it's highly unlikely. Meme coins are good for short-term speculation, not for dreams of getting rich with little money.
If you're just starting out, my advice is: study a lot, be wary of easy promises, and learn to outline entry and exit strategies. Binance has tools and educational content that helped me a lot in this process.
Good luck to everyone starting out!
