Recently, we saw so many people buying Meme coins, hoping for a new Doge. At first, some profits could be made but it didn't last long.
They didnt search for last long profit, they just want to scalp it and build a snow-ball effect. It will be bubble blast in the future and very risky to the entire crypto space.
I hope we dont follow that kind of investment, i categorize that behaviour as a money game that should be avoided.
Indeed, most people who invest in meme coins do not plan for the long term, they just want to feel the profit from the hype that occurs
in meme coins. It's not healthy and it's best to avoid investing in meme coins, because the risk is very big. If we are late selling the price
at the peak to recover it may take a relatively long time, or we can make the wrong decision, finally buying meme coins at the peak price is
also not a good thing. There are so many risks that can occur when we invest in meme coins, because from the beginning, meme coins did not
have a clear use.