CZ on his tweets about meme coins
Stop chasing his tweets. đ
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 youâre buying a coin because of a "narrative" with no actual story or community history (unlike the OGs like Doge or Pepe and Bonk), youâre basically just donating your money to a scammer.
âMy vibe check: The market is in a "greed" state, but itâs not "euphoria" yet. Thatâs 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 youâre touching futures/options and you donât even know how to use a cold wallet yet, youâre the exit liquidity.
âStay safe out there. Don't let the bots (human or otherwise) mess with your head.
