buy and hold assests... $XMR instagram: fennyeth
Joined April 2026
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why i am quitting meme-coin trading
#1) the meme-coin to trad Gambling is a real problem. memecoins allow young impressionable children develop behaviours of real problem gamblers (greed, round tripping, risking huge amounts of money and justifying it).
#2) currently down around 6k this year myself, developing a gambling problem at the latter end bringing my total meme coin losses to over $20k. that is money I worked hard for. and i believe that if I continue to trade the way i have, I am dishonouring God with my funds and not stewarding them properly.
#3) I have realized that it is never enough, even for millionaire traders. they keep chasing profits until they zero out because they know that trading is short-lived. it is the constant greed and worshipping of money that I think will kill a spiritual life.
#4) the stress is immense and not worth the "potential" gain.
best of luck.
more exists on prologue —> greater the snapshot ratio for holders that redeem.
free money for those that hold till Tuesday.
robinhood:0xb9972ca7188e511174947e3936a5315ac7073277
fenny.eth retweeted
4. Mean reversion is the concept that strong assets after strong displacement (either downside or upside) will return to moving averages / "fair" market price.
keep this in mind, because--once you have set your initial bag. there may be times where said coin displaces 20 percent or higher above a general moving average accumilation. take advantage of these swings and reserve capital for buying under these relative moving averages. will help you cost-basis over time.
principals that have helped me find 100X memes (PONS + based cat)
1. Understanding liquidity in memes. Especially for low caps, making sure that you are aware that big runs up always capitulate to accumulation ranges. Make sure that you are taking profits, and if it is a high conviction play. Buying the dips with profit.
2. Never holding a coin that you are down over 45 percent. This is a general rule, not applicable to all coins. But most times, if you are down half of your bid it's over lol.
3. Finiding coins that are tied to high-liquidity narratives. For example, launchpads (like pons), current metas + narratives / memes, and DeFi (specifically on RH since the DeFi leaders are not solidified yet on their chain)
4. Mean reversion is the concept that strong assets after strong displacement (either downside or upside) will return to moving averages / "fair" market price.
keep this in mind, because--once you have set your initial bag. there may be times where said coin displaces 20 percent or higher above a general moving average accumilation. take advantage of these swings and reserve capital for buying under these relative moving averages. will help you cost-basis over time.
fenny.eth retweeted
fables.fi is heavily undervalued. not for long though...
