“If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

“This is a woman who spoke to Reuters,” Bash said. “She put $2,000 of her savings into the $TRUMP meme at the end of May. Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme. The second investor, Matt, a 45-year-old machinist in Indiana, put $40,000 into $TRUMP family tokens … Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”

  • BarneyPiccolo@lemmy.today
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    2 days ago

    "If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

    I was going to write that if it’s a Trump deal, then you KNOW it’s a scam. And yet here is a woman who STILL believes that the Criminal-In-Chief is totally legit and credible.

    How do these people stay on board after EVERYTHING they’ve seen?

    • buddascrayon@lemmy.world
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      2 days ago

      Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme.

      She at the very least woke up to reality after losing almost $2000.

      This guy however, lost $32,000 and still thinks Trump is great. 🙄

      Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”

      And yeah, as far as I’m concerned every single person who put money into the Trump meme coin deserves losing every penny.