All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha
That is definitely true and you always need to keep in mind that if one guy makes 100.000 $ out of almost nothing then this also means that those 100.000 dollars that he gets from selling his coins need to come from someone else that is buying the coins from the lucky one. So if the lucky guy almost hits the ATH to sell his coins than all of the guys that buy his coins at that moment make a loss. So if one guy makes a huge profit it always basically means that at least one other person loses money. Those guys that buy from the lucky one can of course wait again until a new ATH is reached to sell their coins again but then again the coins just move to another person. The earlier you are the more profit you can make.