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Only Crypto Can Make You Rich or Poor Overnight
The past few days in crypto have been absolutely wild. Millionaires were made, $TRUMP made people life-changing money, and just as quickly, others lost fortunes (for those that shorted the coin thinking it had reached it's peak). The coin caught everyone off guard, every time you thought it had peaked, it just kept climbing higher. That is, until Melania, Trump’s wife, launched her own coin. Her token sucked the liquidity out of $TRUMP, causing a dip so severe it hasn’t recovered to this day. My investment is still stuck in it, but thankfully it was just profits I made from trading $TRUMP earlier, so even if it goes to zero, I’m still in the clear. If you shorted $TRUMP last week, you’re probably sitting on some serious profits now. Honestly, that seems like the only way to make money from these memecoins after the initial hype dies down. Either that or through trading events that some CEXs host, where you can trade and earn tokens. Bitget is currently running one of those, and honestly, it feels like a safer bet since most of these memecoins hit a certain ATH and never manage to go beyond it, no matter who’s behind them. What about you? Did you make or lose money from this fiasco, or are you just watching from the sidelines?5
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