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Not even Elon Musk can pump degen shitcoins anymore lol
The state of liquidity in the crypto market.
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Oh, Kaspa drama 😅 It seemingly never ends. At least the actual core leaders finally woke up and decided to distance themselves from the true grifter. Maybe now it will end. $KAS
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In the world of business, real estate, any investing, any financial market trading, crypto, stocks, forex, metals, etc one should never use more capital than they can afford to lose. And the capital should never be one’s family’s savings. Never rent capital. Never medical capital. If a person does not have capital available that isn’t taken away from other of life’s priorities…. Then a person is not ready to invest or trade. Period. A person must continue building an income, a savings, take care of their vital bills, and only then take on the risks involved with investing & trading in order to move up in life.
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Bitcoin Pizza Day + new all time high. Couldn’t be more scripted.
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Funny story that happened the other day to me in the degen world; I got royally screwed on a risky move with $GLMPS I swapped out my GLMPSE while down 50% and near bottom ($1.5m) for a new play & in quite a rush. It was called CW, or Crypto Warrior. It seemed legit at first glance and there were only minutes left to buy at a good entry before they started their live spaces. The space started right after I bought. It was a prerecorded message and an obvious scam. I got rugged in less than 60 seconds 😂. Managed to Save 20% of my capital. Then to pour salt on the wound, GLMPS ran back up to $4.8m market cap! It was an expensive laugh for sure lol Can’t cry about it. Can’t harp on it. Can’t waste my energy blaming those who recommended it based on their research. Gotta keep going & learn the lesson to be more careful and move on to do better the next time.
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Bit of a cold streak for myself in the BC Community with degen plays over the last week. Some were just miscalculated risk management. Some I acted on too late. Just goes to show that it isn’t all sunshines and rainbows. Everyone goes on a cold spell from time to time. Everyone experiences loss in the crypto game, regardless of whether it is spot trading, or futures leverage trading. When this happens to me, I like to take a step back, reassess & regroup, clear my head, review the fundamentals & technicals of trading, and start fresh with a positive mindset. Meanwhile, one of our team members brought the community $WOOLLY at $264k mc. It hit just shy of $2m mc in less than 2 days for up to a 7.5x. And it is still going strong now at $1.5m mc. Even though i personally missed it, many community members absolutely feasted on the gains!!! That’s one of the many powers of a real community. It isn’t all on one person. We work together to succeed day in and day out!
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