2 ms·

Im sitting back with a bag of popcorn here waiting for replies because I have always wondered the same thing. Just at the Some Random Guy level I used to dabble

Im sitting back with a bag of popcorn here waiting for replies because I have always wondered the same thing. Just at the Some Random Guy level I used to dabble in some "up and coming" coins, just for the .001% chance one of them becomes a big deal. Where else can you risk turning $100 into $1M right? In retrospect I could have spent $1,500 on literally anything else and done better but at the time I knew idiots who went crazy long on a few at-the-time silly tokens and got fairly rich. I wasn't about to let a handful of idiots out-idiot me and it was a fun gamble, not unlike a sports bet I think.

pants2 2y ago
At least a sports bet has relatively even odds - I suppose there is some potential near-term upside in meme tokens, but this long tail of cryptos have all odds stacked against you as an investor (insiders, market manipulators, security vulnerabilities, dilution and token unlocks). By gambling on a token like WLD you're betting that it will go up 45X just to breakeven and hoping there's no security incident that drains all the funds in the meantime.