If you are getting emotional, remember that everyone is a genius in a bull market, but only when the tide recedes do you find out who was swimming naked.

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If you are getting emotional, remember that everyone is a genius in a bull market, but only when the tide recedes do you find out who was swimming naked.

Right now, meme coins are the hottest stuff, coins based on all sorts of different animals (usually in Japanese and usually canine), planets (most commonly moon and mars), and named after wealthy individuals (Mainly Elon and Snoop because canine) are popping up hoping to catch the meme trend.

It's understandable, all it takes is Cntrl + C, Cntrl + V some code, make memes and suddenly you have 500% of the money you had, and if you just keep making memes surely everything will be fine right?

And if it goes from 0.00000001 to $1 you are now a billionaire, all easy everything great! But take a look at the coinmarketcap history.

Many coins can easily 10x in a day, or a week, or a month during the bull market. However, not many are still around today.

The only indicator of how well you did in this bull market is how much you have left during the bear market. Comparing earnings in a bull market is pointless because any alt can moon at any point for basically any reason.

So stay calm, buy whatever makes you feel good, if you want quick profits, chase alts, if you like slow growth follow the top coins with a use case. Store of Value right now is BTC, ETH handles smart contract, BNB is the biggest centralized exchange coin, and UNI is the current top decentralized exchange coin.

Smaller coins that compete with those are also available, BCH, ETC, CRO, CAKE/SUSHI etc. but they usually get counted under alt coins.

Just remember to take money off the table so you don't get rekt during a sudden drop, which bitcoin is famous for doing.

Hope everyone comes out wealthier than before!

submitted by /u/jbrandyman
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