If this was your biggest mistake, it's not so bad! For example, imagine being early to buy BTC, XMR, ETH and SOL, and still ending up broke because you have paper hands. That hypothetical person would be such an idiot! 😂😭
These Solana memecoins, especially if they're issued by a celebrity, are only worth buying during the first hour. I was lucky to spot them both in time. $TRUMP could've had staying power if they hadn't been so greedy to issue another one for Melania too.
On the other hand, it's a cheap lottery ticket that doesn't expire. Recently I made a 130x profit on an ETH token I bought two years ago: $TURBO, the first memecoin designed by AI, which became popular long after I'd forgotten it. Since you can expect most of these shitters to go to zero, 10x is the kind of profit you should aim for. Buying for $8 and selling for $10 is not enough reward for this level of risk.
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Very insightful comment, thank you.
Yes, more than a x10 would be a goal and it can also save you from some other bad investments