Price action has been good lately, but zoom out to look at the bigger picture. I know crypto is a casino, but we are still over 50% off ATHs, so if you were thinking about YOLOing some money at a newly listed coin, at least wait until the bull run.
A lot of people have managed to lose money by gambling on a new shitcoin during the bear market, which is wild to me. BTC and ETH are already riskier than most assets, altcoins are a gamble, but random newly listed coins? That's just full-blown degeneracy.
During the last bull run, I at least understood it because you could make money by jumping into anything that moved. But now? In this economy? You might as well donate your money to charity so you're not completely wasting it. This is the time to stick to BTC and ETH, and wait until a hot market for those degenerate plays.
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