TL;DR

Trump Digital Trading Cards are back for a third round, and it’s likely another pump-and-dump scheme. Don’t fall for the hype.

Story

“Don’t worry if you missed the first two.” Seriously? That’s like saying, “Don’t worry if you missed the first two sinking ships, there’s always a third!” This whole thing screams of a pump-and-dump scheme, and it’s giving me major deja vu of past market crashes. Remember the dot-com bubble? People piling into worthless stocks, thinking they’d get rich quick? Or the 2008 housing crisis, where everyone thought house prices would only go up? Here we go again. This Trump Digital Trading Card craze is like a casino where the house always wins. It preys on people’s FOMO (Fear Of Missing Out) and their hope for a quick buck. They see others making money (or appearing to make money), and they jump in without thinking. These digital cards have no intrinsic value. They’re not backed by anything real, like a company’s earnings or a precious metal. It’s all hype and speculation, and when the hype dies down, the prices will likely crash. Just look at the comments: “No one is going to ape $ERIC,” “Get me out of this clown car,” “Trump would never sell a coin named after his daughter.” These are not the words of confident investors. They’re the cries of people who are starting to realize they’ve been taken for a ride. And the whole Trump angle? Come on, folks. Let’s be real, Trump’s business history is littered with bankruptcies and failed ventures. Do you really think these digital cards are any different? 

Advice

If something sounds too good to be true, it probably is. Stay away from speculative assets like Trump Digital Trading Cards, and focus on building a solid financial foundation based on sound investments.

Source

https://www.reddit.com/r/CryptoCurrency/comments/1i69wpp/dont_worry_if_you_missed_the_first_two/