Some people who only focus on memecoin will usually leave big losses if trading at the wrong time.
memecoin is a crypto that only increases in value when there are certain moments and memecoin hype seasons. the rest of the memecoins will be thrown away like dirt or not needed
There’s a big risk dealing with the meme tokens, and I don’t suggest this if you are still not familiar with the market because anything can happen here, worst case scenario is to lose everything. Well, we have to be more careful when it comes to investing, memecoin is not safe at all and you have to remember as well that not all is worth to buy, most of them are just a scam token.
when talking about risk, I think that not only in meme coins there is a significant risk, in altcoins there is also a risk if we are not careful in investing the assets that we have.
but because we know there is a risk in memecoin, it is better if before investing there we should be able to see opportunities for which memecoin to invest. I think when we can read the opportunity then maybe the risk is only a little