Replies to post #5484 on ~ The Saloon ~ Crypto & Stocks ~

[lakers17]

I just bought some Metapets, just a very small amount and absolutely hated paying near the all time high and fees. Now it will definitely go down 50% or more like Facemeta and Shinja did. Metapets may be this weeks flavor as too many new ones come out weekly. Almost all the new ones are pump and dumps. How many will really stick? I didn't put very much into Metapets. Too many tokens of this can be created.

[lilLu]

OK. So did you see HOHOHO coin the last few days? That was my personal strategy on SpookyShiba. They just went the Christmas route. The coin is worthless but look at those returns! Out of thousands of cryptos and projects popping up all the time, only a handful will actually thrive via defi, blockchain and the Metaverse. It's coins like this we have to look out for to bag those huge overnight gains. What coins at what time could pop, due to social media trends, politics, holidays, etc. I wish I had more time. Shiba hits a penny next year, I'll have the time I need to find all of these. It's not that difficult.

[creede]

I haven't.

I quite skeptical of all these new cryptos at the moment. Not sure they understand the principle of supply and demand. I assume new tokens are sold according to some algorithm in the sky. Well that algorithm needs to make sure not to release so many tokens that early investors cannot make a great return.

My main concern is that all these new cryptos are just pumping and dumping and pumping and dumping and pumping and dumping and have no thoughts about doing anything else.

So I am just letting everything ride for the moment to see how things fare. If they all r/s and V2 then we will know these Quad Tokens are like buying a lottery ticket - which I never do.