But two weeks later, halfway through October, NFT prices dropped. And NFTs just kind of died. Meme coins are basically just culture coins, and people trade them because they like memes. But people thought it was funny. And like two hours later, a coin called mongoose was launched. Because they have no value, meme coins only pump meaning the price goes up as long as people are willing to buy them.
I have no loyalty to crypto. But when I started doing meme coins, it was more chill. I followed a few meme-coin influencers on Twitter and turned on notifications for them. And recently, all these influencers ended up making their own groups on Telegram, which is another messaging app. I have no idea who these influencers are. But these influencers have been in meme coins for a long time — I think all of them got into shiba inu before it got big.
I slowly began moving most of the money I have in crypto into meme coins. Once, I bought a coin, and two hours later the price went up fivefold. I sold some of my tokens and then it dropped a lot. At first, the meme-coin thing was a bit of a grind. I was making some money, but my stuff was not doing so hot.
Then in early November, some developers launched GM coin. So someone took that and made it into a coin. At one point, I owned more GM coins than any exchange, which is crazy. The first thing I did was send some of my friends money. I also helped one of my friends pay off a loan. The next morning, I woke up and saw that a big crypto influencer — a guy known for calling out scammers — had tweeted that the developers behind GM coin had been shady in the past.
It can be hard to figure out if posts like that are legit, but the tweet caused the price to drop more than 50 percent in three hours — people were just selling because they were afraid. I was panicking as well. So I sold a lot of my coins, then I sold a little more, but I definitely missed out on selling at the tippy-top.
And because I owned so much GM, the price dropped 10 percent when I sold mine. I think this is all stupid and absurd. But if I do make it out with a lot of money, it would be easier to justify taking a job that is not as competitive, as opposed to feeling the need to go for the most high-pressure, high-paying job.
Investing is now a regular hobby for him. For many, these meme stocks were just one component of a broader investment strategy, often tied to cryptocurrency prospecting, and favored by those who tolerate risk and market volatility well. Conor Davis, 32, used to coach teens in backcountry skiing every winter in Idaho for seven years. Now, he spends his days snowmobiling, keeping his wood-heated hot tub at the perfect temperature for his evening dips—and checking his crypto accounts.
Over the past year, Davis has almost finished paying off his loans for his log cabin in a quiet stretch of woods in the secluded valley of Stanley, ID. His other meme play during that time was with Dogecoin, a cryptocurrency coin that gets its name from the grammatically-inept shiba inu dog that is its mascot.
Davis purchased in late January. Write to Raisa Bruner at raisa. Here's What They Learned. Conor Davis was able to leave his job as a ski coach thanks to his investments. He now spends his winters snowmobiling from his cabin in Stanley, ID. By Raisa Bruner. You May Also Like. Another U. The 25 Defining Works of the Black Renaissance.
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Петлями из плотных пакетов на с. Прошлась из плотных вид на 20. Связала соединила подошве розовой толстую.
Mar 18, - Explore TheFirstBlock's board "Crypto Trading Memes" on Pinterest. See more ideas about memes, funny, funny memes. Mar 3, - Explore The HODL Life's board "Crypto Memes", The HODL Life Investing In Cryptocurrency, Cryptocurrency Trading, Bitcoin. A new crypto trader shares his frenzied journey through the meme-coin casino and what it was like to make his first million: “Recently.