X @Ash Crypto

Market Trends & Risks - The rise of memecoins and futures trading has negatively impacted the utility altcoin season [1] - Crypto investors are increasingly focused on short-term gains, seeking 100x returns within 24 hours, leading to reduced patience for utility altcoins [1] - Many altcoins experiencing rapid growth (20x-30x in a week) are likely manipulated by teams controlling 90% of the coin supply, designed to trap and liquidate retail investors [2] - The industry advises against using leverage and gambling in crypto investments [2] Investment Strategy - Thorough research is crucial before investing life savings into any coin [2] - Building wealth through crypto investments is a gradual process of accumulating small wins over time, not an overnight phenomenon [2]