Is it not blaringly obvious?
Predicting the future is not gambling. That is just not what gambling is.
Gambling is where you don't have any data about the outcome.
Really, gambling isn't even gambling.
It's just math. Roulette isn't actually gambling. You aren't gambling anything. You are with 100% certainty giving your money away as time tends to infinity.
I don't know for sure these shitcoins aren't a one time pump, but it's really simple numbers.
Let's look at the simple facts.
There are 1000's upon 1000's of them.
The majority of them do the same thing.
The majority of them have no real team behind them.
Many of them don't even have a website.
Many of them don't even have a real use case.
There's nothing wrong with putting $50 in a shitcoin as a gamble based on what you think the market is likely to do.
But almost none of these shitcoins have real fundamentals. They go up based on human emotion. shiba only went up because it's a fucking dog.
It is a JOKE COIN. It has no future. It's like investing in someone creating a joke version of microsoft, that isn't real, and does nothing.
Doge is a joke coin. The only reason it's gone up is because of a few celebs. That's DANGEROUS FUNDAMENTALS.
Do you really want to invest your life savings in something where the fundamental value is what Elon Musk, Snoop Dog and Mark Cuban?
What happens the minute they realize that Cardano is better? Cardano is a crypto ecosystem, designed to be better than Etherium and made to make it super easy to move ERC-20 token coins over to the Cardano ecosystem and it's created by the co-founder of Etherium, Charles Hoskinson. It's a third generation cryptocurrency and it's been built from the ground up to handle scaling issues and keep network fees low unlike Etherium, which is just a joke to do anything on because of the fees. If Etherium scaled and was in use fees would be in the $1000's just to make a transfer. It is not usable, and it's not easy for them to fix it.
They're building a constitution within it to create a self-sustaining governance.
Cardano is also aiming to allow cross chain transfers which means you can transfer crypto from other blockchains without using any intermediate services.
I could go on and on here. It's just utterly OUTRAGEOUS to even compare Cardano to a shit-dog-coin. Many of you guys *really* need to do your fucking homework, because you're flying completely blind here. I think 99% of you don't know the difference between Cardano and Doge let alone understand Defi or smart contracts and the myriad of use cases that crypto is attempting to fulfill, from insurance, to online shopping to betting on the outcome of games.
All these shitcoins do NOTHING. They are just coins.
The problem is, crypto is a really obscure technology and people don't understand it. Let me give you a physical example to try and help you understand how ridiculous shitcoins are :-
It's like, I'm sitting in my bedroom making coins out of cereal boxes and slapping a picture of my favorite breed of dog on them, then selling them to a bunch of idiots, and some celebs think it's cool, so they tweet about it, and more idiots swing by my house to by my "coins".
Then, 1000's of other morons decide to make coins out of cereal boxes, but instead of slapping a Shiba Inu picture on them, they slap some other nonsense on them.
Meanwhile, this is Cardano
This is what they're building.
And then you have people that are saying "Hm, I think I'll put my life savings on this guy's cardboard coins with a picture of his favorite dog, because I feel like it's a gamble either way"
If you want to make REAL MONEY, then forget shitcoins. You may as well go and just put your life savings on 0 in roulette.
EVERYONE except for the occasional few people you hear about who got lucky(You have a better chance of winning 0 on roulette than you do becoming a millionaire with shitcoins)..
EVERYONE who made a lot of money, already had money.
They didn't gamble on some shitcoins. They bought bitcoin, for example, last May 2020 when it was low because they realized the direction the world is moving in.
When it shot up in jan, they sold a good chunk and bought some top 100 coins, knowing that this is how the market behaves. They then sold off some of the 2-5x gains from those top 100's and went for some top 1000's knowing that, again, this is where the market moves. Profits from there then roll back into bitcoin and the top 10.
They take their initial $100k, invest it in may, 7-8x that turning it into $700k to 800k, take some of that and 2-3x it in top 100 coins. Take some of that and invest it in top 1000's, then cash out and buy back bitcoin and some other solid top 10's, now holding more like $2mil-$3mil worth. These are the guys who hold and buy more when it drops. The really big ones sold off, manipulated the market and made money out of all the panicking people who think because china is banning miners that crypto is ending, then they bought all the bitcoin back when it hit $30k. Easy money. Watch bitcoin fly to $400k+ by the end of the year.
If you want to get IN on the action, then stop following trends. Stop buying shitcoins. Learn about cryptos and buy good projects when the market is in FEAR. You could have bought up a shit ton of cardano a couple of days ago, and cardano will be worth between $20 and $100 within the next 10 years. Minimum $20-$30. Stick $100k in that and in 10 years you're going to have $2mil to $10 mil. Without any buying/selling or playing the markets. Just buying a good project and holding for a long period. (Of course it's good to sell up in chunks near the end of a bull run and buy back when it goes lower, but that's harder, and you don't even need to. You just have to hold for a long time and keep buying good projects with everything you make from your business. Real wealth is not made from some shitcoin in 2 weeks. It's made by putting your money in clever places based on the direction the world is moving, and doing this for a lifetime)