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How I learned to stop worrying and love memecoins - a perspective from a longtime investor.

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I’m the type of crypto investor who likes to hold solid projects with good fundamentals and not chase pumps or hype. When I buy a project, I’m in it for the long haul. In fact, I still have projects in my portfolio from 2017 when I first got into crypto. As far as crypto goes, I consider myself a pretty responsible investor.

Earlier this year, DOGE went on a legendary pump. When it started pumping, I told myself not to invest because it goes against all my investment principles. I thought to myself, “No way I’m chasing this pump and dump hype and getting left holding the bags.” Well guess what? It kept pumping and pumping, eventually entering the top 5 in market cap.

6 months ago I considered buying SHIB when it was $0.000002, but once again I told myself I’m not investing into a pump and dump memecoin fueled on hype and FOMO. Well guess what happened again? It kept pumping and pumping, eventually entering the Top 10 recently. I’m done trying to understand this irrational market. Fuck it, I’m buying some memecoin moonshots. Call it FOMO, call it stupidity, call it desperation - I don’t care anymore! I’m tired of dwelling on how much potential money I lost on DOGE and SHIB.

Remember that post from yesterday asking why there are a lack of cat coins? It made me believe cat memecoins are the next craze. People started shilling cat memecoins in that post and I FOMO’d into the first one that caught my eye - Pawthereum (PAWTH). In 24 hours it’s up 114% and it’s the fastest I’ve made money in crypto. I was dumbfounded that buying a memecoin on a whim made me as much money as it did. So I bought other cat coins on that post like Pussy Financial (PUSSY) and Catgirl (CATGIRL). I know how ridiculous that previous sentence sounds, but I’m so tired of missing out on memecoin profits. If you can’t beat them, join them! Just be aware of the very high risk you’re taking when you do this.

submitted by /u/TurbulentMoon
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