BEST STRATEGY TO MAKE MONEY!🚨 (Scotty AI Presale Review)

Cilinix Crypto
12 Mar 202406:11

TLDRIn this video update, the speaker discusses the ongoing pre-sale of Scotty AI, a meme coin with potential due to its growing hype on social media and the recent success of similar pre-sales. Despite the risks associated with such investments, the speaker, who has purchased tokens, believes in the project's potential for profit, citing the funds raised and staking implementation as positive signs. The speaker also shares their personal investment strategy and advises viewers to exercise caution, highlighting the high-risk, high-reward nature of pre-sales.

Takeaways

  • 🚀 Scotty AI is currently in its pre-sale phase, which is almost sold out but still available for purchase.
  • 💰 The speaker has personally invested in Scotty AI, indicating a belief in its potential success.
  • 📈 Scotty AI is primarily considered a meme coin, with some additional long-term utility features like Scotty Chat and Scotty Swap.
  • 🔥 The project is gaining significant hype on Twitter and has a very active Telegram group.
  • 💸 Scotty AI has raised a substantial amount of money in a short period, which could be used to boost the price post-launch.
  • 🔒 A large portion (around 50%) of the tokens are currently staked, limiting immediate selling pressure after the launch.
  • 📊 The success of the pre-sale is also influenced by the current market conditions favoring meme coins.
  • 💡 The speaker advises caution as pre-sales can be high risk, with potential for significant price drops after launch.
  • 🔗 Links for purchasing Scotty AI tokens and joining a dedicated pre-sale Telegram group will be provided in the description and pinned comment.
  • 📌 The speaker emphasizes the importance of understanding the risks involved and not investing more than one is willing to lose.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is an update on the Scotty AI pre-sale, discussing its potential and the speaker's personal investment in it.

  • Why is the Scotty AI pre-sale still available for purchase despite being sold out?

    -The pre-sale is still available because there are spare tokens left over, which the organizers want to sell to make money.

  • What is the speaker's personal experience with pre-sales?

    -The speaker has been buying pre-sales for over a year and is aware of the risks involved, including the possibility of losing money.

  • How does the speaker describe the nature of Scotty AI at the moment?

    -The speaker describes Scotty AI as mostly a meme coin with some long-term utility projects like Scotty Chat and Scotty Swap tool in development.

  • What are the reasons the speaker believes Scotty AI has potential?

    -The speaker believes Scotty AI has potential because pre-sales on Solana and Ethereum have done well recently, and Scotty AI is gaining hype on Twitter and has raised a significant amount of money.

  • What is the speaker's strategy for making money off the Scotty AI pre-sale?

    -The speaker's strategy includes being aware of the high risks involved and considering the potential for the project to use raised funds to pump the price after launch.

  • How does the staking implementation affect the potential for Scotty AI's price rally after launch?

    -With almost half of the tokens being staked, these tokens cannot be sold for a week after launch, which could help prevent a massive sell-off and contribute to a price rally.

  • What are the risks involved in investing in the Scotty AI pre-sale?

    -The risks include the possibility of scams, the price dropping significantly after launch, and the volatility of the cryptocurrency market affecting the investment.

  • What does the speaker advise for those interested in participating in future pre-sales?

    -The speaker advises caution, understanding the risks, and not investing too much, as these are high-risk, high-reward opportunities.

  • How can viewers stay updated on future pre-sales?

    -Viewers can stay updated by joining the new pre-sale Telegram group that the speaker is opening, with more updates to come soon.

Outlines

00:00

🚀 Scotty AI Pre-Sale Update and Potential

The speaker provides an update on the Scotty AI pre-sale, emphasizing that despite the pre-sale being sold out, tokens are still available for purchase. They share their personal investment in the project, acknowledging a potential bias but also highlighting the risks associated with pre-sales. The speaker explains that Scotty AI is primarily a meme coin with some long-term utility projects in development, such as Scotty Chat and Scotty Swap. They believe in the project's potential due to the recent success of pre-sales on Solana and Ethereum, the growing hype on Twitter, and the active community on Telegram. The speaker also discusses the importance of staking and the high gas fees on Ethereum, which could contribute to a successful launch and price rally after the token listing.

05:02

💡 Strategies and Risks in Scotty AI Investment

The speaker delves into their strategy for making money from the Scotty AI pre-sale and outlines the potential risks involved. They mention the possibility of the project team using raised funds to pump the price after launch and the impact of staking, with nearly 50% of tokens currently staked. The speaker explains that these staked tokens cannot be sold for a week after the launch, which could influence the token's price stability. They also acknowledge the unpredictability of the market, especially considering the high gas fees on Ethereum, which may deter some investors from selling their tokens. The speaker concludes by offering resources for those interested in future pre-sales and encourages viewers to make informed decisions based on the information provided.

Mindmap

Keywords

💡Cinux Crypto

Cinux Crypto appears to be the name of a cryptocurrency-related platform or service. In the context of the video, it is the host or the speaker's identity, indicating that the content will likely revolve around updates or insights related to cryptocurrency and blockchain technology.

💡Scotty AI

Scotty AI is mentioned as a project with an ongoing pre-sale. It is described as having a lot of potential, possibly due to its meme coin nature and the associated community and utility tools like Scotty Chat and Scotty Swap. The term is central to the video's theme, as the speaker shares personal investment and insights about this particular cryptocurrency.

💡Pre-sale

A pre-sale in the context of cryptocurrencies refers to the initial offering of a new token before it is publicly listed on exchanges. This is often done to raise funds for the project's development and to create an initial market for the token. Pre-sales are considered high risk, high reward opportunities, as they can result in significant gains or losses depending on the project's success.

💡Meme Coin

A meme coin is a type of cryptocurrency that gains popularity primarily due to social media hype and community support, rather than having a solid technological foundation or utility. They are often associated with high volatility and speculative investment, as their value can skyrocket or plummet based on community sentiment and market trends.

💡Telegram Group

A Telegram Group is a chat room within the Telegram messaging app where users can communicate and share information. In the context of cryptocurrencies, these groups are often used to share updates, news, and discussions related to a specific project or token. The activity level of a Telegram Group can be an indicator of community engagement and interest in a project.

💡Hype

In the context of the video, hype refers to the buzz or excitement generated around a cryptocurrency project, often through social media and community discussions. High levels of hype can influence the price and demand for a token, especially in the early stages of a project's development.

💡FOMO

FOMO stands for 'Fear of Missing Out', a psychological phenomenon where people feel anxious about missing out on a potentially rewarding experience or investment opportunity. In the context of the video, FOMO is related to the hype and excitement around Scotty AI's pre-sale, potentially leading to increased investment and price speculation.

💡Staking

Staking in the context of cryptocurrencies refers to the process of participating in a proof-of-stake (PoS) blockchain by holding and 'staking' a certain amount of the cryptocurrency in a wallet to support the network's operations, such as validating transactions. Staking can also involve earning rewards for supporting the network. In the video, it is mentioned as a feature that could contribute to the token's price stability and potential rally after launch.

💡Gas Fees

Gas fees are the transaction costs required to perform operations on a blockchain network, particularly on Ethereum. These fees are paid to the network's validators (miners) for processing and validating transactions. Gas fees can significantly impact the cost of transactions, especially when the network is congested, and can influence the liquidity and trading behavior of tokens.

💡Risk Management

Risk management in the context of investing involves strategies to minimize and manage potential losses while maximizing gains. In the video, the speaker advises viewers to be cautious with their investments in pre-sales, emphasizing the high-risk nature of such opportunities and the importance of not investing more than they can afford to lose.

Highlights

The ongoing pre-sale for Scotty AI, one of the biggest at the moment.

Despite the pre-sale being sold out, tokens are still available for purchase.

The speaker has personally invested in Scotty AI, indicating a positive bias towards the project.

Pre-sales are inherently risky, with potential for high rewards or significant losses.

Scotty AI is primarily a meme coin, with some long-term utility features like Scotty Chat and Scotty Swap.

The project has gained significant hype on Twitter and has an active Telegram group.

The potential for Scotty AI to rally after launch is influenced by the current market trends favoring meme coins.

Scotty AI has raised a substantial amount of money, which could be used to boost the token price post-launch.

Staking is implemented with nearly half of the tokens currently staked, contributing to the project's potential success.

The inability to sell tokens immediately after the pre-sale ends due to staking and high Ethereum gas fees could impact token liquidity.

The speaker shares their strategy for making money off the pre-sale, emphasizing the importance of due diligence.

The potential risks and rewards of investing in Scotty AI are discussed, including the possibility of a 50% price drop.

The speaker is opening a new pre-sale Telegram group for updates on all pre-sales.

The importance of not investing too much in pre-sales due to their high-risk nature is highlighted.

The speaker's personal experience with pre-sales, including both gains and losses, is shared to provide context.

The speaker's decision to invest in Scotty AI is based on a combination of market circumstances and the project's hype.

The final token listing and token generation event for Scotty AI is approaching, indicating a critical phase for the project.