Some hype coins mint instant millionaires. Others go bust. Why not take a chance?
I don't know if you can read this, but I signed up for free and they let me read some articles.
The buzz is on Crypto, where people believe it will make them rich if they get in at the beginning, but they are mostly a scam.
They have names that make them sound delicious, like Cookie Coin. Or headed for outer space, like Pluto Coin. Or space-bound and delicious, like AstroCake, which was described this way: “Created 5 minutes ago. SAFE.”
Hype coins, as they’re known, sit squarely on the flashy, speculative end of the cryptocurrency business. Every day, dozens of them are created around the world by developers promising fortunes to would-be investors. It usually ends poorly. The vast majority of these tokens are worthless within a couple of weeks. The developers, on the other hand, can make tens of thousands of dollars, sometimes a lot more.
New York Times
4 comments:
One thing that has been working is Bitcoin runs down to 30k and thrn back up to 40k with regularity… buy under 30 and sell at 40…
Sounds good!
That's circular logic... or a self-fulfilling prophecy.
Tell 'em to buy at 29 and sell at 41.
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