every investor has a different strategy, but if we have a good analysis of meme coins, it will be easier to get bigger profits, unfortunately not everyone can do it well, because it is difficult to analyze. a 10x increase is very likely to occur in the movement of memecoin, and a 10x decrease is also very likely to occur. So we need good analysis, psychology, and money management, so that we can always profit from Memecoin, and I think it's up to us to respond to this, as long as we are familiar with the characteristics of Memecoin.
When investing in meme coins, it is more preferable to obtain insider information if you have contacts with members of the coin team. This is due to the fact that technical analysis in most cases is not applicable to meme coins, since pump&dump is used here, the timing of which cannot be predicted.