Quote from: Golftech on Today at 02:00:19 PM

Quote from: Sled on November 12, 2021, 10:44:47 PM

Quote from: freedomgo on November 12, 2021, 10:17:44 PM

The main reason why we are here investing in crypto is for profits so we should know how to take advantage on the current coins that make good profits, even if it means investing in meme coins. Honestly, we should be fearless sometimes so as to make huge profits because sometimes, what we think have no value will definitely give us the best profits we never had from other coins. So investing in meme coins is a choice, as long as you know that this is only for temporary. For long term profits, just stick to bitcoin for sure and higher profits.

Yeah, we can't underestimate them (unless if it was obviously shitcoins) as it was really unpredictable. Just like BNB before, nobody has that bright expectation that becomes on the top 3 coins in the CMC. Many we're ignoring this project and many projects have that possibility but because the majority needs assurance than to risk that is why they'd choose those who are known and have a better value rather than to invest in cheap coins. That even in meme coins can't just be treated that way, it simply they have the chance but too small.

A very nice example, BNB from the early stage didn't get that support, but after earning traders trust using

their platform, everything went well, that spark creates more investors and traders to trust this project, and

look how far BNB now, reaching top 3 and still developing and gaining more followers and end users, we can't

conclude the potential if we will not do our own research. It saves a lot not just the money but also the time

we use when following the development of a particular asset.

Binance coin was never a meme coin though, it always had some kind of potential, which was severely boosted by the development of the Binance smart chain.

Meme coins on the other hand, may yield great results, but are extremely risky and is considered pure gambling.