degen chad š©šāļø
@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 š©šāļø
@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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Abubakarš©
@bigbenz
We all have our styles, strategies, unique approaches and preferred field Meme might work for some but not all, I get the need to apologize to some that mightāve taken your advise without a DYOR/NFA, but all you did was air your opinion Keep sharing your opinions Chad, I always find them beneficial
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