Title: AICoin: Following the Casino, Not Becoming a Gambler
Author: DUO NINE⚡YCC
Translator: TechFlow of Deep Tide
This article is crucial, and you must understand it. Read it repeatedly until you fully comprehend it. Make sure that after reading my real-life examples at the end, you will understand.
Fundamentally, cryptocurrency is a casino. The sole purpose of a casino is to ensure that players leave with empty pockets.
You are one of those players!
To win in cryptocurrency, you must become one with the casino. Only then can you leave with pockets full of cash. Let's delve deeper into this.
When you enter the cryptocurrency casino, the first thing you see is Bitcoin. This is the most honest and legitimate part of the casino, but no one is interested in it. Players completely ignore it and quickly rush towards meme coins.
There are also other altcoins, DeFi projects, and all the narratives and labels you find in cryptocurrency. These are just different areas of the same casino! You are still inside.
Their purpose is the same: to drain players' money
When you play slot machines with "meme coins" on Solana, they will also give you free drinks, such as points, rewards, zero fees, and so on. They want you to keep playing (and lose more money).
These drinks are not free. Points and rewards are not either. Zero fees are an illusion created by cryptocurrency DeFi. Paying for your drinks = paying the fees for using the BTC or ETH native chains. In the long run, they are worth investing in.
Most cryptocurrencies are zero-sum games. This means that if you make money, it means someone else has lost. The casino is always making money from you.
Why do you think there are so many casinos?
Let me rephrase that. Why do you think there are so many altcoins, meme coins, DeFi protocols, and so on?
The purpose is the same. In any case, they will take your money.
How can you avoid this situation? You must become one with the casino, embrace Bitcoin
When you see new players rushing towards altcoins, you might as well invest more in Bitcoin.
Sometimes, you may venture into other areas of the casino and buy altcoins, but you absolutely cannot stay there all the time.
You will always return to Bitcoin, from where you can appreciate the entire cryptocurrency.
Sometimes, a beautiful lady will approach you (this represents the market's temptations), hoping you will buy altcoins. You politely decline the invitation. You will never agree. If you decide to check it out later, you will go alone.
How to become one with the casino?
You approach the casino's owner and start talking to him. Most of the time, he is also embracing Bitcoin.
As it turns out, he is building a new area of the casino where you can invest and own some slot machines.
The rest is history. There are still risks, but they are lower and more favorable to you.
An example
You see the price of Solana soaring. Meme coins in that ecosystem are skyrocketing. The Solana casino is making players very excited.
Players are so excited that they put all their money into it.
As a result, they will suffer heavy losses until their pockets are empty!
Well done, Solana. The casino is printing a lot of money.
What should you do?
You can buy slot machines on Solana.
In this case, it's the RAY or Raydium token, where all Solana meme coins are traded. Do not buy Solana meme coins! If you do, you become a player.
Once again, you must become the casino's owner, not a player, as shown in the image below.
I bought RAY at $1.8. 24 hours later, it surged by 50%! Soon after, it quickly rose to over $3.
Instead of gambling on meme coins, invest your money in the casino. If you do your research, you will make money.
When you finish your journey in the Solana casino area, take your profits and put them into Bitcoin. That's where they should be and where you should stay.
If you find yourself spending too much time in other areas of the casino, that's a problem. Your wallet will be emptied, so remember that.
Even worse, you might do something unbelievable!
You decide to sell your Bitcoin and permanently move to other areas of the cryptocurrency casino. If that's the case, I have bad news for you: you have become a player.
How to become a value investor in cryptocurrency?
You invest in the casino and its games, but you don't play the games.
Look for these opportunities, including in our community, and then take your profits to Bitcoin and stay there.
Only when you find a good opportunity should you take money from your pocket to invest in a new area of the casino.
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