Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
wheelz1200
on 21/10/2021, 22:59:32 UTC
Meme coins are very volatile - that's their advantage. I would suggest you to gamble with them with a small amount of money. If you lost 100 USD - it's not a big disappointment for you. But if you got +500 USD after risking with this 100 USD - that looks great!

Guess the amount isn't as much a problem as percentage of portfolio.  To one person $500 is nothing to lose where as others it is.  What people should follow is don't invest more than a minute portion of your stack in meme coins.  So if all you have only $200 to put in $100 is a lot.  In general steer clear most will get their money swiped and encourage "devs" to make more meme coins.