I'm wondering if anyone makes money in SOL. It seems SOL is now all about narratives, with one KOL bundling a whole scheme. If you're bullish on a narrative, you'll never dare to buy in. Several schemes are pumping simultaneously, and the bundled scheme can easily crash to zero. Wait until it's over before chasing, and the bundled scheme will crash to zero again. Once it's gone to zero, suddenly another stock surges to 20K or 30K, and you're tempted to chase it. But nine times out of ten, it's a trap, and it crashes to zero again. Those who make money are those who follow the FOMO app, chasing high prices and filling schemes with over 1M, but these are all heavily controlled bundled schemes. Playing SOL now feels like one person versus the bookies. Am I wrong?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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