๐ฏ Meaning of the term "Pokemon" in trading:
๐ธ A sarcastic or slang analogy used to describe new, obscure, or unknown cryptocurrencies, often:
Having strange or cartoonish names
Lacking a clear project or real goal
Being overly promoted on social media
๐งจ Some traders liken them to "Pokemons" because:
They look "cute" or are visually appealing only
They appear and disappear quickly
They are caught (invested in temporarily) and then discarded
---
๐ป Real-life example:
> "Beware of getting into Pokemon coins, they fly today and tomorrow they are worth zero!"
This means that the coin is just a temporary wave based on speculation and not value.
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โ Advice:
If you hear that "this coin is a Pokemon," the trader is likely advising:
โ ๏ธ to be cautious about pumping money into it
โ or to trade quickly and speculate only without the intention of holding
It is like bait for the hunter.
๐ธ A sarcastic or slang analogy used to describe new, obscure, or unknown cryptocurrencies, often:
Having strange or cartoonish names
Lacking a clear project or real goal
Being overly promoted on social media
๐งจ Some traders liken them to "Pokemons" because:
They look "cute" or are visually appealing only
They appear and disappear quickly
They are caught (invested in temporarily) and then discarded
---
๐ป Real-life example:
> "Beware of getting into Pokemon coins, they fly today and tomorrow they are worth zero!"
This means that the coin is just a temporary wave based on speculation and not value.
---
โ Advice:
If you hear that "this coin is a Pokemon," the trader is likely advising:
โ ๏ธ to be cautious about pumping money into it
โ or to trade quickly and speculate only without the intention of holding
It is like bait for the hunter.