MEME, the meme coin that has been very popular in the market recently, I believe everyone is itching to try it
Before this round of bull market started, what people told me the most was: I want to do long-term, value investing, and I won’t get out no matter what anyone says.
And now what I hear most is: What value investment? It’s all bullshit. Does it matter whether it has value or not? If you don’t believe me, just look at it. MEN has no value but it has risen so well. Some dogs have even entered the American political arena.
Don’t even mention long-term holdings. Long-term holdings are painful and you can’t see any money. Those who have done short-term holdings have made a lot of money in the past few months, so just go back and forth in the meme sector.
This idea seems familiar. I remember that in the second half of 2021, when NFT was crazy, it seemed that anyone who didn’t play it was a conservative fool, and the auction prices were even more outrageous, far more popular than today’s meme coins.
But today, no one mentions it anymore. Even those NFT investors who rushed in at high prices are sad and don’t want to mention it again.
History will not simply repeat itself, but it always repeats itself in a strikingly similar way.
Now we are in a new round of bull market, seeing so many newcomers outside the circle, attracted by the wealth effect, although more people entering the circle is good for the development of our industry and the promotion of the market.
But in my heart, I was worried for everyone, because I know that most people will not follow professional institutions to learn, only a very few wise people will learn first
What would most people do? They would just ask people what to buy and when to buy, and check the price increase list every day.
What this market lacks the most is “kind guides”. They share currencies with you for free, kindly bring you into a group, teach you how to register, and then give you a position attentively…
And never mention the study you hate, you just need to operate without thinking, and you can make money easily
By the time you finally realize that something is wrong, you have already suffered heavy losses.
At this time, some people only feel hurt, start to reflect, and want to learn.
Here I give you a piece of advice and a reminder
First: There is no free lunch in any industry. If the cost is not disclosed, it means that you will pay a higher price. So don’t think about getting something for free or you will fall flat on your face.
Second: When choosing people and circles, first look at their moral character and values, and then whether their strength has stood the test of time.
Morality and world outlook are the bottom line of a person at his lowest point, and are also the most valuable part of trust between people.
Some people may fabricate short-term strength and take it out of context, but what has been tested by the market for a long time must be real ability.