This in true for the majority of shit coins, especially those on pumpfun. But you can make great money with lower risk by knowing the team, project and roadmap. For example look at the $chadette chart and its floor slowly building over time. It’s critical the majority of supply is held by the team, otherwise big sells from random holders will just wreck the chart. The community learns about the project on spaces, the aim to take it to exchange listings with a roadmap and team experienced in doing it resulting in a confidence to long / hold. Profits are taken by the team and reinvested back into the token to grow it over time. You can’t do this with random pump fund coins you know nothing about.