Meme Coin Pump and Dump: One Solid Way To Spot One

There’s a pattern so typical you might not even notice it

Photo by Clem Onojeghuo on Unsplash

I’ll keep this short.

In trading and investing, there’s speculation. Often reckless, speculating on anything — be it a meme coin or penny stock — can result in you losing a lot or all of your money.

Most of us aren’t psychologically built to avoid speculation, as I partially explain in this article where I discuss my rationale for putting $1,000 into SHIBA INU coin.

I Did Something Potentially Stupid With $2,000 of My Money

While you might still lose a lot or all of your money, there’s something to be said for the power of community.

You can completely disregard this notion. That’s one choice.

Be careful, though. Scoffing like this is often our response when we’re resistant to change and new ways of doing things. We’d rather blow them off and kick and scream into a future that’s quickly taking shape in the present.

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