The hunt for the often elusive promise of get-rich-quick remains one of the main drivers of interest in the crypto market.
There is perhaps no stronger evidence of this than The meme coin gambling craze that dominated 2024. As the new year begins, Murad Mahmudov, a crypto personality who has perhaps ironically become known for his involvement with meme coins, has called for a more thoughtful approach to crypto investing.
How to Flip $10,000 According to Murad
At the end of 2024, Murad Mahmudov offered insights for investors who want to make big money in the crypto market without losing all their capital. His advice as an advocate of the meme coin supercycle? Stay away from gambling!
In an X contributionHe argued that the surest way to convert a $10,000 capital into $1 million was to make one to three compelling bets and wait a year. He emphasized that playing multiple games is a quick route to zero.
The latest call is a little ironic considering it focuses on meme coins, which are considered gambling in nature as they typically offer no utility and largely only favor early investors.
While some of his calls, such as SPX6900 and Gigachad, have had some success, it’s worth noting that he also struggled with this allegations using his influence to pump coins he had already invested in rather than having a real market advantage.
Despite these concerns, his recent call for a more thoughtful approach to crypto investing has received significant support from his nearly 600,000 followers, most of whom have jumped at the opportunity shill their bags.
Disclaimer: This content is for informational purposes and should not…