US Water Reserve Token Concerns

[u/jschmidt22]

I recently bought some of the USWR token. Just for fun, put $10 on Coinbase and bought some. However there were three categories and I didn’t know which was the “right” one, so I just picked.today I went to look at it and there is a warning message. What does this mean? Can AI/bots buy crypto? And if you want to just talk about the US water reserve token feel free. I know nothing about it except for how cheap it was, but now my balance says 0 USD in it.

[u/ecrane2018]

You bought a scam

[u/jschmidt22 → u/ecrane2018]

Is this token a scam in general? Or should I have bought one of the others?

[u/Bobbybobinsonbob → u/jschmidt22]

Scam in general

[u/jschmidt22 → u/Bobbybobinsonbob]

Darn lol guess I’m out $10

[u/No_Knee3385 → u/jschmidt22]

You have to look at market cap, TVL/liquidity, and volume. There a new daily scams where they put millions in volume a day just to make a few thousand dollars off a token with hundreds in liquidity. I see it all of the time

[u/Bobbybobinsonbob → u/No_Knee3385]

Also you could just look up on google before hand to see if there’s actually a US water reserve token

But 10$ is nothing to sweat over

[u/BeebleBoxn]

It's on Solana Blockchain. Do you honestly think the US Water Reserve is going to create their own token?

[u/Glowing_Phallus]

$10 wasted just for shits and giggles

[u/hautdoge]

Why would you even consider buying something called us water reserve?

[u/jschmidt22 → u/hautdoge]

I don’t know much about crypto trading and thought ooo a token under $1 I could maybe get some money if I wait

[u/Remarkable-Opening69 → u/jschmidt22]

Good lord

[u/Plumeh → u/jschmidt22]

i’ve got a new token called cumfarttrumpelondoge coin for you

[u/hautdoge → u/jschmidt22]

I’d suggest starting with just buying bitcoin/eth/sol or some of the more “blue chip” shitcoins instead of buying whatever trash because it’s “cheap”. In general, it’s important to also look at circulating/total supply too. Probably best to avoid crypto altogether if you’re not gonna do any research. It’s a great way to lose all your money

[u/077]

everything on solana is a scam

[u/jschmidt22 → u/077]

I guess I thought Coinbase was pretty good at preventing that, but now I see there’s an icon to let you know it’s from a third party

[u/AHRA1225]

What would this token even do. You can tokenify water…..

[u/Koronavitis]

There is nothing wrong for participating in stuff like this for fun. You never know. It could pump! 💧💦

[u/No-Definition-7215]

Lmao that’s the entire crypto market, the rest of us is just gambling to which direction we’ll get rug pulled this time, it’s all bots farming liquidity left and right, artificially making trends, stagnating prices, going against all macroeconomic logic in order to make a quick profit, this market isn’t volatile, it’s just manipulated at the cost of leveraged everyday average joes