7 months ago
35
Well, our main goal this year is to dive into the world of cryptocurrencies and learn how to profit from them. Over the past few days, I’ve been closely watching the market and the memecoin $TRUMP, which was launched by the newly elected President of the United States just days before his inauguration.
The hype surrounding it skyrocketed, and the entire cryptocurrency market’s liquidity poured into it. Massive trading volumes flooded this coin, and its market capitalization is absolutely insane. Overnight, it surged by over 400%!
In my opinion, Trump did a good job attracting significant funds to the crypto market. But at some point, this coin will start to decline since it’s backed by nothing but his name. Furthermore, those who profit from it will likely reinvest their earnings back into the market, lifting altcoins from the ground. Overall, everything seems clear and promising here.
But what about the people who woke up in the morning and saw $TRUMP shoot up? 😡
They’re upset and are now nervously searching for entry points because they’ve started feeling the dreadful FOMO.
FOMO (Fear of Missing Out) is the syndrome of missed opportunities, or simply the fear of being left out. Humans…
English (US) ·