This isn't necessarily true. You'd be surprised. Not sure why there's this idea that everyone buying in and profiting are degenerate gamblers. Definite jealousy on this forum. Spending $1000 on a high-risk investment for a potential reward of multitudes isn't very crazy unless you don't have much to begin with. So what, you lose $1000 or strike big with FAR better odds than an actual casino or lottery. Not sure what I'm missing. Pretty sure one of those Dave Ramsay or whatever boring types even said something along the lines of putting under 5% of your portfolio in some highly speculative thing isn't a bad idea.

 
Most Helpful

I have been following these meme/scam coins since February and have seen at least 6 of them go parabolic at this point. Sounds like a lot until you realize there's a lot of survivorship bias - there are far more rugpulls and exit scams than the few that go parabolic. There are new scamcoins launching everyday. I say all of that not to discourage you, but if you think it's as easy as putting in a few k's, you will most likely lose all of your money. Tips I suggest: 1) be early - If there is already a lot of shilling on Reddit/Tik Tok/Twitter and price has already started to move, there's a 75% chance that you're late and will be a bagholder. You want to get in before the mass marketing begins.

2) There are telegram groups out there that coordinate these pumps and dumps and/or kickoff the marketing - it is wise to find these groups. It is also wise to know when people from the previous successful scam have moved on to a new scam. For example, some guy who made $20 mm from one of the recent scams, moved to a next project and attracted 5000 new holders in a day or so for the new scamcoin by having a promotional giveaway for a lambo where holders would have automatic entry for the giveaway if they held $3000 of the new project.  It was obvious the next project was going to do numbers because of this.

3) Diversify, ironically - seriously the people who take frequent gambles on these things know that you put in <$1000 in each coin because 99.9% of them are rugpulls or will dump. The most important thing is to be early.

4) Just think about what you like and what others seem to gravitate to. If there is massive meme potential, then it is probably a good pick.

PS - Anybody telling you $cummies is the pick right now doesn't know what they're talking about. I knew of this since mid april at sub-1 cent and knew it was going to pump after they got Johnny Sins to endorse 3 weeks ago lmao. It will most likely pass its ATH but the time to get in was in mid-april for almost a 30x. Very unlikely it does another ~30x from here, but the market is a clownshow. I've seen people shilling $pubes today.

 

wtf are you even on about? I literally am apart of a tg group that shares these opportunities early and have friends that do nothing but crypto. You are either retarded or just don't know anything about the space.

 

Analyst 2 in IB - Gen: Interesting - So what should I buy now? Any suggestions? My strategy was to wait for the bubble to pop (between today and this summer, I imagine). Then interest / prices will decrease, and it's at this time that I will put a couple of $k here and there, then maybe 1 or 2 years later new speculative bubble will appear, and I will sell. lol

 

I can't tell you what to buy but one of my tg groups is talking about Erotica which just started moving, be careful. A more hilarious one that I heard of last week from social media is pregnant butt. Look for a new dog play - see pic attached, those are dog coins and their recent performance. (some newer ones I saw on social media: Dogefi, moonbud, Sanshu). Would also like to add that if you get into meme/scamcoins be patient (unironically) - most of them don't do the 50-100x overnight. In the past 48 hours, I can't tell you how much regret I've seen in people who got in on shib early and got out too fast. & again just remember these are much more likely to go to 0.Dog coins performance

 

Possimus dolor eaque ut ut similique. Aut numquam qui doloribus tempora suscipit quia. Eveniet distinctio asperiores iusto sed tempore.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”