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 didn’t name them specifically in that cast, so I won’t do it here either. But you know who you are and you have my apology. Good game, and good luck with the meme. I’m honestly happy to say that I was wrong. I casted instinctively rather than doing any DD as I just didn’t want to see people getting hurt. I heard that the liquidity was unlocked, minter unrenounced, wallet clusters, etc. I wasn’t aware of who launched it, and 99% of the time, these setups get rugged. I’ll repeat, I’m happy to say I was wrong and I’ll try to do more verification if a similar situation arises. Having said this. It’s 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. Don’t follow my advice on memes. What I can say is that I haven’t made 7 figures in crypto from memes as it’s not my game.
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degen chad 🎩🤫Ⓜ️
@degen-chad
2/2 I’ve had more success by investing in high fundamental/high utility, innovative projects with active development teams. I’m not trading all of my Moxie for a meme. I’m 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 it’s 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 it’s divisive, creates more tribalism on Farcaster and we really don’t need that. They are your earnings, you can do what you choose to do with them.
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Nobody $NBD 🎩🍖Ⓜ️
@nobody660
Your courage to admit your mistake truly shows your honesty and humility! Though, I don’t think we can even call it a mistake! It was simply a warning to prevent a potential issue. I’m not in a position to make judgments, but what I’ve learned over these years of trading is that not everyone is meant to capture every gain, and one person alone isn’t going to harvest all the profits either 😄 I really admire that when you’re earning from a safe strategy you’ve built yourself, there’s no real need to take high risks or change course. That’s a key secret to sustaining profit 👍👍 Thank you for sharing your expertise and experience with us 💚
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