I will not drop ANY coin names, but back in November I was told by a friend to buy a shitcoin tied to this creator because he was up so much. I bought it but my dumbass held it like a stock because that’s all I’m familiar with. After I lost about $100 on that coin, I pulled out and stopped doing crypto.

Fast forward to now, I still have the apps Phantom and Moonshot on my phone and keep getting notifications about certain coins shooting 4x-10x in within a day/week. My stock portfolio is doing INCREDIBLY well so I’m looking to take risks. If I’m being COMPLETELY honest, this is FOMO for me. I see high returns and really want to get back into it, but I’ve heard there’s a catch once you sell it? Some kind of crypto charge, I’m still not fully educated on the topic.

But my true question: do people actually make money off of shitcoins? And should I try my luck?

submitted by /u/SnarkyerPuppy [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading U.S. Crypto Education Group, American Innovation Project, Gets First Director.