Sometimes it is Greed that makes people think they can get money quick if they invest in meme coin with better profits. This set of people thinks meme coin is cheap and it will rise faster, their desperation of making money makes them to have so much confidence in investing in this meme coins. With what has been happening in investing meme coin people still have courage to make it good option to invest, times without numbers we experienced so many bad events in coins like this but yet it hasn't thought people lesson to stay away from it. Bitcoin is the most reliable coin to invest without any worries.
This is absolutely correct because without this mentality I don't think he would lose such amount to memecoin. This is why I often encourage people to invest in Bitcoin instead of altcoin, I had some discussion with friends then while they were trying to make an option of investing on Shiba and Dogecoin at their pick price so when they asked for my suggestion I just discouraged them because they might not bear the lost and I know those guys how they do panick over any slight lose of investment. At then not too long the market dip and they came to thank me for not allowing them to go with that decision of investing in altcoin.