CZ on his tweets about meme coins
Stop chasing his tweets. 🛑
He was super blunt here: Stop launching or buying meme coins just because he (or Yi He) mentions something. 90% of them are going to zero. If you’re buying a coin because of a "narrative" with no actual story or community history (unlike the OGs like Doge or Pepe and Bonk), you’re basically just donating your money to a scammer.
My vibe check: The market is in a "greed" state, but it’s not "euphoria" yet. That’s the most dangerous spot to be because you feel smart right before a correction hits. His advice for the newbies was the best part: Delete the leverage. If you’re touching futures/options and you don’t even know how to use a cold wallet yet, you’re the exit liquidity.
Stay safe out there. Don't let the bots (human or otherwise) mess with your head.
