A quote for me: โIf youโre not making some notable mistakes along the way, youโre certainly not taking enough chances.โ
A quote for you: โLearn from the mistakes of others. You canโt live long enough to make them all yourself.โ
Welcome to the beautifully nasty world of Crypto Trading where everything can happen but one thing is for sure: Most people are GREEDY! That is why we should: - never invest 'too much' on any specific project - take some profit if we are given the chance
In this case i must admit i made both mistakes..it happens.
Now let's go to the lesson:
'Never trust multiple coiners.... The idea of a team/project launching more and more tokens/projects is a bad sign. Keep tha in mind
Read more about it here: text from PLS (same story with XEN) and Richard (same story with Jack) post here:
Despite the million Twitter posts and the overall 'community' power what i see here is a huge potential fiasco. Given that many people who 'sacrificed' stablecoin ended up having PLS thus lkosing on stablecoin deposit (investment) can only be bad news.
Richard Heart has done a lot of people a great amount of good with HEX but hasn't he let them down with the launch of 'another one'?
I wouldn't invest in this guy...take a look: snapshot
The 'hey I'm the Good Guy' image keeps failing these days: ref richardheart.com/
I know of another 'Good Guy gone greedy' Mr Jack Levin of XEN and his 'good boy fair crypto foundation'. ref1: xensource.gitbook.io...xen-level-1-beginner ref2: faircrypto.org/ Results?: snapshot
So yeah.. Good Guys who can't stick to one token/project... be aware
๐๐ปi would like to apologize to everyone and admit my mistakes: - Got wrecked with XEN - got 85% back on my stablecoin investment on PLS yesterday (thanks to OKX accepting deposits from Pulsechain)
๐๐ปwe all make mistakes but the secret is to learn from them:
Never trust a 'Good boy' in crypto... Never trust a person/team which keeps launching more and more tokens/projects
One Love,
The FXPROFESSOR
PS. not to mention that XEN and their 50 other tokens on may chains (etc etc etc etc) especially the Vampire one (BRC20) had a nasty role to play in the Bitcoin network congestion problem. It is up to us as investors/traders to take the right decisions and send these 'good but greedy boys' where they belong....