So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
Until now I myself have never invested in meme coin because in my opinion meme coin is very inappropriate for us to use as an investment tool because it has a very high risk. although there are a lot of meme coins that can reach high prices but we can see how they drop back very quickly. so it makes me worried to make an investment in it. maybe some of us here have the same worries as me.
everyone has a different opinion and way of investing, if you are a person who likes safety and does not want to take risks, then choosing not to invest in memes is a good thing to do, because they just pump and dump, no more no less
risky people who are willing to take risks and like to make quick money then they can invest in memes
personally, i invest in memes but neither too much nor too much expect them, i just see it as a speculation and am willing to take a loss without affecting my other investments