degen chad
@degen-chad
I was wrong 1/2 A few nights ago I fired off calling a meme a rug and called out some big accounts for promoting it. I didnāt name them specifically in that cast, so I wonāt do it here either. But you know who you are and you have my apology. Good game, and good luck with the meme. Iām honestly happy to say that I was wrong. I casted instinctively rather than doing any DD as I just didnāt want to see people getting hurt. I heard that the liquidity was unlocked, minter unrenounced, wallet clusters, etc. I wasnāt aware of who launched it, and 99% of the time, these setups get rugged. Iāll repeat, Iām happy to say I was wrong and Iāll try to do more verification if a similar situation arises. Having said this. Itās still not somewhere I would choose to put my money. If you missed what you thought was a good entry from my cast, I apologize for that as well. Donāt follow my advice on memes. What I can say is that I havenāt made 7 figures in crypto from memes as itās not my game.
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degen chad
@degen-chad
2/2 Iāve had more success by investing in high fundamental/high utility, innovative projects with active development teams. Iām not trading all of my Moxie for a meme. Iām choosing to parlay it into Fan Tokens as they are currently yielding high triple digit APR and giving the added utility of increased Far Score. I know itās the safer choice, and not a pure degen play, but that is just how I operate. Could there have been potential for synergy, yes, of course. But really only if it was a more pro moxie project, and I feel it was launched as the opposite of that. The part I take issue with is the mantra of sell all of your Moxie to buy the meme. I think itās divisive, creates more tribalism on Farcaster and we really donāt need that. They are your earnings, you can do what you choose to do with them.
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Nobody $NBD š©šš¤
@nobody660
Your courage to admit your mistake truly shows your honesty and humility! Though, I donāt think we can even call it a mistake! It was simply a warning to prevent a potential issue. Iām not in a position to make judgments, but what Iāve learned over these years of trading is that not everyone is meant to capture every gain, and one person alone isnāt going to harvest all the profits either š I really admire that when youāre earning from a safe strategy youāve built yourself, thereās no real need to take high risks or change course. Thatās a key secret to sustaining profit šš Thank you for sharing your expertise and experience with us š
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