Lost 99% on a Solana Meme
Degen
2 years ago
To prevent myself from losing my winnings back in one or two days, I did something else 2 weeks ago:
I “invested” in some meme tokens on Solana. Well, those degen things might just be another form of gambling.
Bought 3 random memes, $25 each.
One is immediately -100% game over (honeypot scam)
The other two being -90% and -99% respectively.
I was not expecting to get something like 100x in return, but also didn’t expect it in the other direction: 0.01x in return.
Lesson learned: Solana memes also have extreme volatilty, but for now it seems less fun than slots to me.
BEST INVESTING OPTION IS BUYING GOLD
@hxlohar I know it’s all relative, but at least it was only $75 rather than hundreds or thousands. Lots of those things seem like scams
with solana coins theres usually a lot of people botting so as soon as the token goes up a specific amount their bots just dump everything. you also wanna check the biggest holders of a token before you buy it
rip
Only use trustworthy currencies, most of them like on Coinbase are more or less scams
I suggest before investing on crypto check the ongping trends before making an investment and its ineviatable to not make a loss its 50 /50
Very sad situation. I also regret not investing in Shiba Inu coin. Since 2020, the price has increased 44,143,623x
All this blockchains is risky
Very sad situation. I also regret not investing in Shiba Inu coin. Since 2020, the price has increased 44,143,623x
Shiba Inu price has increased by 17 million % with the hype 14 months after its launch. Those who invested at that time won, €10 shiba would become €170 million. Unfortunately I had no interest in coins at that time 😭