Is this the celebrity and influencers cycle? (crypto)

SaraJay

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Trump and Melania already started

What if tomorrow Elon Musk announces his official coin? Then, Beyouncé announces her coin, then Joe Rogan, then Pepsi, then Marvel, then Mr. Beast...will all the utility coins be ignored because of famous people and corporations launching their own official coins and stealing all the attention?
 
Well, we can always use common sense and limit our exposure. I see some people investing thousands into TRUMP and I don't think that's the right thing to do personally. But then again, bet big, win big. Bet small, win small.
 
Trump and Melania already started

What if tomorrow Elon Musk announces his official coin? Then, Beyouncé announces her coin, then Joe Rogan, then Pepsi, then Marvel, then Mr. Beast...will all the utility coins be ignored because of famous people and corporations launching their own official coins and stealing all the attention?
Still will be joke coins and only gambling but with "official".

Well, we can always use common sense and limit our exposure. I see some people investing thousands into TRUMP and I don't think that's the right thing to do personally. But then again, bet big, win big. Bet small, win small.
I like your vision bruh. It's still a gambling.
 
I like your vision bruh. It's still a gambling.
Yeah. Indeed. But if you get on the wave early and 'gamble' responsibly, then you can decent return in a few hours for sure.
 
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I've heard some people talking the last year about a "huge" movement of wealth from the bottom to the Top, taht's going to happen soon, probably something that Iman gadzhi started, who knows, maybe this is it, financialy illiterate fools giving away all their savings to the elite.
 
I hope not. These coins are played with only by beginners. Those who have been in the market for a long time avoid them or allocate a very small portion of their portfolio to them. There's much more liquidity in the market outside of celebrity coins, and it's impossible to move that liquidity with just junk coins.
 
I've heard some people talking the last year about a "huge" movement of wealth from the bottom to the Top, taht's going to happen soon, probably something that Iman gadzhi started, who knows, maybe this is it, financialy illiterate fools giving away all their savings to the elite.

Yes

This allows the Smart Money "exit liquidity" before the BIG CRASH

They will buy back their coins, stocks, etc after the crash at cheap prices

Smart money OUT

Stupid Money IN

Just like always

I track this stuff

https://coinmarketcap.com/community/profile/TheDirector/

Sincerely,

The Eye
 
I track this stuff

https://coinmarketcap.com/community/profile/TheDirector/

Sincerely,

The Eye

His last post is a prediction that the then $60k Bitcoin will lose 50% of value. Look at Bitcoin price today. Guy's a fool like everybody else - except the players with billions at hand.
 
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