Insights after playing with memes for a few months
There are only two types of people making money
First, the diamond hands
Those who stick to the memes they believe in from start to finish
Market manipulators can't shake them off, and they only sell when their expectations are met
Second, the quick in and out
Not discussing the bigger picture, just talking about profits
No imagination, no fantasizing, take the profit and leave, always earn by selling at the right time
The 80/20 rule always exists
80% of people want to ride the waves, seeing it rise, believing this is a golden opportunity, and thinking it will reach 5B or 10B; they want to be diamond hands
But a single bearish candlestick scares them into cutting losses and running away
Losing a little on each project adds up to a significant loss
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