Quote from: posi on Today at 02:57:30 PM

Quote from: Bay_Harbour_Butcher on March 31, 2023, 06:53:03 PM

I don't think meme coins like shiba inu will last long, because shiba inu and other meme coins are just a temporary hype since the elon musk effect, but no one can predict all of that, invest wisely and take your own risk

I am not saying that meme coins are good or worth investing in, but I would like to remind you, doge was the first meme coin, and it has been around since before Elon entered the market, and it has outlived many top coins. Although the trend in the market changes constantly, memecoin has never been hot when we enter the bull season. I'm still betting on doge and Shiba in the next bull season, I know they're useless and don't have any utility, but they're used to hype very well, and the sharks love it. So, whether the meme will die or not exist is very difficult.

It depends on the actual perspective and when you are confident enough in your choice then do it. But when it comes to something that has a much bigger risk like this, it would be better not to recommend it to anyone, including beginners.
When you do it yourself with your own awareness, of course it's quite good because you know the risks and you are ready for it, but when you have invited new people something like this will be wrong because they don't necessarily know the momentum if invited to enter into a hit and run coin like this.