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Posted: 2025-05-02 16:54:33 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-02 16:54:49 UTC
Verified By
Rollup News
This post warns against blindly holding altcoins, pointing out that many will fail despite endorsements from prominent figures. It advises taking profits and suggests donating to charity instead of funding founders' lavish lifestyles if financial return isn't the primary goal.
Altcoins are highly risky investments.
Endorsements from rich individuals or firms don't guarantee success.
Taking profits is crucial to avoid losses.
Consider donating to charity if not seeking financial returns.
High risk of altcoin investments.
Insider trading and market manipulation.
Potential for rug pulls and bear market losses.