Insentos on memecoin gambling culture
Insentos argues that the collective will to actually put in the work for trading has completely vanished from the current landscape. The prevailing attention span is getting cooked, which fuels a gambling culture that convinces everyone crypto or just trading memecoin is easy money. They admit to their own early mistakes, starting by buying CAs without knowing what was happening because they assumed the path was simple. There is a specific irony here: the people who build discipline and strategies are often the ones losing money at first before sticking around to figure out how they are going to make it back. Most new entrants into memecoins do not intend to become traders; they only seek profit, and this lack of trader intent causes many participants to lose their funds. It is frustrating when everyone desires those massive trades rather than learning the process, yet achieving such large moves requires deep knowledge and having paid tuition through prior experience.
1w
Insentos on memecoin gambling culture
Insentos argues that the collective will to actually put in the work for trading has completely vanished from the current landscape. The prevailing attention span is getting cooked, which fuels a gambling culture that convinces everyone crypto or just trading memecoin is easy money. They admit to their own early mistakes, starting by buying CAs without knowing what was happening because they assumed the path was simple. There is a specific irony here: the people who build discipline and strategies are often the ones losing money at first before sticking around to figure out how they are going to make it back. Most new entrants into memecoins do not intend to become traders; they only seek profit, and this lack of trader intent causes many participants to lose their funds. It is frustrating when everyone desires those massive trades rather than learning the process, yet achieving such large moves requires deep knowledge and having paid tuition through prior experience.
1w
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