Fox, While it is possible to make money investing in meme coins, this type of investment is incredibly risky and more similar to gambling than true investing. If you happen to buy and sell at precisely the right time, you could make a profit. It's more likely, though, that you'll lose all or most of the money you invest.
Let's face it, Meme coins are a type of cryptocurrency, but there's one major difference between cryptocurrencies like Dogecoin and Shiba Inu and currencies like Bitcoin and Ethereum, and it comes down to utility. Major cryptocurrencies like Bitcoin and Ethereum were developed to solve real-world problems. The goal is to eventually become widely accepted by merchants, creating a new form of decentralized currency and revolutionizing a variety of industries. Meme coins, on the other hand, serve no real-world purpose right now, and most of them were created as a way to make a quick buck.
Now that we know the whole story behind them, The above chart is my proposed speculation on how KUCOIN:ELONUSDT can behave. You might ask yourself does EW work? Here are some old forecasts on MEME coins that unfolded in one of the EW patterns.
if something unexpected to this proposed roadmap happens. I will let you know in the comment section.
Keep in mind this idea can be invalidated, you shall not take it as investment advice.
Yorum
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Net Zero is my target . Not even 0.000000000000001 . But Zero
Your Technical analysis is very nice but just one question! : What makes you to analyze something that you even don’t believe or trust in it ? Is it just because you stay away from profit of some meme coin like DOGE and SHIBA ? Do you even think about power of community ? or definition of meme coins in wider perspective ? The power they have for simplify crypto market for major percent of peoples! Also fundamental news like to be listed on Binance possible make another way for ELON .
SabahEquityResearch
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@Ahmad1358, My trading philosophy is very easy: Let the dust settle and there will be opportunities. for me all criteria u just mention above are dust.
Rayan2000_
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@CountLikeWallStreet, I did not mean to be disrespect , Sir .The real dust is pride and arrogance ...
Slickxbt
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@Ahmad1358, Umm so u 100% in meme coins otherwise I don't get it why u so sour
SabahEquityResearch
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@georgemihail, you too my brother. If u like to know what I'm doing inbox ur email get the research papers and change ur entire trading forever. It's all free
SabahEquityResearch
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@Ahmad1358, liked your comment . Inbox ur email address will share my Research paper on missing puzzles of Elliot wave as gift to you . Scare knowledge can make you ignorant eventually 😉
SneakAttack
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More like Gambling than True Investing??? Please do explain what True Investing is?
If you base your Trades off Fundamentals then you're the type that is always Late to the Party like Most People.
A target of Zero??? Your Analysis holds No Water. Maybe you're better Off sticking with that Ancient Market called the Stock Market where they Fail to Deliver, Naked Short Sell, Insider Trading and Screwing Clients over like your Profile Pic did.
I'll see you later when Dogelon worth over 30+ Billion Market Cap while you continue to Promote FUD like your Boy Jordan Belfort did recently.
SabahEquityResearch
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@SneakAttack dude, as an economist I'm here to spread the truth. if u don't want to listen, it's ur choice . Zero claims are only for fun, that not gonna happen easily don't worry.
MadWhale
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nice one thx
Sparrow16jan
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+100 for indepth analysis. I am binge watching your analysis today
Also fundamental news like to be listed on Binance possible make another way for ELON .