cryptonewsland.com
- Justin Sun announces active trading in meme coins and promising projects.
- He will personally bear all potential losses, with profits going to charity.
- Sun emphasizes that his investments are not financial advice.
Justin Sun, founder of TRON, has a new hobby. He recently revealed he’ll be trading meme coins and promising projects. This move aligns with his known passion for digital currencies. He stressed, however, that these should not be viewed as financial advice.
Sun took to Twitter to share his new venture. He’ll be absorbing any losses from these trades. Moreover, he vowed to donate any profits to charity.
I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023
Sun made it clear that this is a hobby. “I am simply trading coins for fun. Always do your own research before investing!” he advised. This highlights the volatility of digital assets, particularly meme coins.
Sun’s personal investment decisions offer no guarantee of listing on any exchange. This includes Huobi Global and Poloniex, with which he is associated. This reminds followers to make investment decisions carefully, not just follow trends.
In conclusion, Sun’s latest venture underscores the risky nature of cryptocurrency investments. It highlights the importance of individual research before investing in digital assets. Despite the excitement around meme coins and promising projects, they should be traded responsibly.