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After my experience with SAFEMOON, I will never, ever try investing into meme coins again.. or maybe I will with DOGE, if I got bumped, and unfortunately my head got hit.
Trading isn't a get-rich quick scheme. I hope that traders know that, and I think the ones who has this kind of thinking when it comes to trading are the new traders who they think that they can get rich in trading that easy. If only trading is that easy then all of us would've been rich by now. Now that we have futures trading, most of the traders especially the newbie ones are jumping, and trading on it not knowing the risks that they can face while trading on futures.
Well, it's good that the perpetrator got arrested with what he did. There are some people out there who did the same, or got even higher amounts of money, but didn't get arrested unfortunately. Overall, I hope this serves as a lesson for those newbie traders out there that don't touch meme coins because anytime soon, they will just diminish alongside with your money if you invested into it.
I did have lots of bad experiences on investing into meme coins specially into those which are newly launched specially on Poocoin or Dextools in between BSC and ETH
which you could really see that there are tones. Basing up on my own experience then losses would really be that evident but what matter the most is that you would be still
ending up on positive or in profits. Well, it does accompanied with some luck and really some in depth DYOR because we do really know that this isnt something
that we could just simply be that too confident because we are investing our money on here.
I could say that making 10-100x in meme coins is really easy but choosing which one would be the toughest challenge at all.You should really know on when to get out
and look or find for another one. Rinse and repeat and you would be able to get those kind of results but of course it would be needing up some luck too.