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Blaming others for getting rekt after going all-in with your life savings? That’s on you—what does it have to do with exchanges? I never touch those pure entertainment tokens—Meme coins, crazy new launches, all that stuff is just “for fun.” Smart people play these just for the thrill; they cash out if they win, and if they lose, they treat it as paying for a lesson. People who don’t think things through? They borrow money and go all-in, ending up with nothing.
After losing it all, they start cursing the platform, the whales, the project team, as if the whole world owes them millions. To be blunt: if you can’t afford to play, don’t force it. Working honestly might not make you rich, but at least it’s stable—better than gambling, isn’t it?
As for altcoins, everyone has their own definition. The altcoins I recognize are things like ETH, SOL, SUI, AVAX, DOGE, LTC, BCH, LINK—at least these are blockchain projects that have been around for years, not some random coins no one’s heard of. If a project hasn’t survived five years of market testing, I don’t even look at it. Even if it’s made it past five years, to me it’s just a “decent altcoin,” nothing more.
Even with these projects, I have strict risk limits. When investing in crypto assets, I manage risk from the start, and the amount I put in is always just a little bit of spare cash. That’s how you play high-volatility assets—use small amounts to chase high returns, so even if you lose, it doesn’t hurt too much.