Is playing lottery with shitcoins really worth it?
I do think if you are not a real good momentum trader you will just hold bags. But it has become an alternative to lottery for many. Because when they pump they can produce 50x-100x.
- The pump mania is pretty quick and you have create partial exits during the mega pump.
- 95% people can't control their greed and keep holding.
- Some add more to the lottery system thinking they found the true coin which will give them a good retirement.
Looking at the charts below, the sharp quick moves and exit liquidity indicates that if you can't lose money or are not a profitable experienced trader then stay away.
