I have lost a lot in such a short time 😓😓😓
I have learned an important lesson that I want to share with those who are starting in the world of cryptocurrency investments. It is essential not to let fear of missing opportunities or being left out of a sudden rise take over. If you see that a coin is rising explosively, do not buy impulsively. Many times, those types of movements end up being traps, and the drop can happen sooner than you think.
Instead of chasing those rises, focus your attention on coins with proven stability. Most memecoins do not have real backing; their value depends solely on the trend or popularity of the moment. This usually only benefits large investors (whales), while small investors like us take on significant losses.
In my case, I made the mistake of investing in memecoins and in less than 15 days I lost what took me a year and a half to build. It is a tough experience, but it has taught me the importance of investing with a cool head and not letting emotions take over.
If you are starting out, my advice is to research well before investing and never risk more than you are willing to lose. I hope my experience can serve as a warning to others.