fomo founder Seyong says not everyone is built to trade like Cupsey and Cented, scanning the market and making rapid fire plays. Seyong: “I don't think everybody's meant for that.” Seyong: “I tried the whole, you know, 16 hours in VC, like really just scanning every new pair, trying to understand it. And I'm really bad at it, to be honest.” Seyong: “I take probably even in those days, like three plays a week.” Seyong: “There are things that I really feel compelled by narrative-wise, and I'm just like, this makes a lot of sense, let me go trade the thing.”

“I really don’t do crypto these days.. because sometimes the best trade is to not trade at all, ~ Rasmr: “Trading has been really hot this year, especially the past month, actually. And so when I hear number two say that he hasn’t been trading, it just makes me suspicious. I think anybody who’s actually good at it would have been trading during this time.” video title; guess the real millionaire trader search on youtube or at @mauritsneo

“So you’re telling me I’m supposed to listen to a guy who is sitting on his phone scrolling, finds a video funny, make a coin, and then just invests into it?” ~ Maurits; “You should listen to people that let the proof be in the pudding. Like, fomo is a social leaderboard where you can see very clearly the people who are good traders and these people are not good traders.” Maurits: “You shouldn’t rely on other people. You should find your edge, because every amount of money is different, your time frame is different, and how you’re playing the game affects the decisions you make.”

"DONT BLAME THE TRADERS YOU COPY AND LOSE MONEY, BLAME YOURSELF" maurits; If you’re playing Fortnite and you lose, you can’t always blame the game. Sometimes you lose because you made the wrong move. Trading works the same way: nobody wins every trade, even when you’re following top performers.

– If you created a website in 1995, you will be a billionaire today. – If you bought land in California in 1940, you could be sitting on a trillion dollars today . The same idea applies to trading memecoins: you’re buying something because you believe other people will see value in it after you. ~ Rasmr; “The main thing in almost every industry of getting wealth is buying something because you think it’s gonna grow because other people are gonna invest after you... It’s the same thesis and skill set of trying to predict what other people are gonna want in the future, and it’s just hyper gamified in this meme coin.”

“If you make a hundred thousand dollars for 400 years straight, it takes you 400 years to make 40 million dollars. Kimchi did that in one day. So of course meme coins are gonna grow, because somebody made 40 mil in one day.”

Normies still think crypto is scam without license

insentos talks about the trading difference between Qwerty and Profit, “Profit is just always hitting cooks. Every single day, Profit’s up another $100K on some random coin. But Qwerty is kind of like a bull. He’s the definition of just a bag holder, community type trader. People love to see Qwerty in a coin, he’s smiling with it, he gets bullish, and then the trade ends up working out.”

Some people genuinely think trading meme coins will disappear completely in the next 50 years. But Rasmr disagree saying: “The general idea of trading attention and trading things that humans collectively come to agreement on, ‘Oh, this is valuable for some reason.’ Yeah. That’s always existed and will always exist.”

TRADING MEMCOINS ARE REAL. if you make $100,000 every day, it would take you 400 years to make $40M. but one guy Kimchi did that in one day trading memecoins. ~ Rasmr: “The whole world is unserious, right? You know, everybody’s going on their phones buying bullshit. I think it’s inherent to human nature to assign value to things based off of some kind of collective psychological implication and not, like, real value, right? People buy Tesla stock ’cause Elon, ’cause they’re fanboys. Same with Apple. People like Apple’s branding, so that’s why it trades higher than it should. It’s not, like, actually always based off of fundamental metrics. And for meme coins, meme coins reduce that all to zero. It’s like, there’s no fundamentals. We’re just gonna trade the bullshit.”

People outside crypto really think you should need a license before you’re allowed to trade it.