Post
Topic
Board Altcoin Discussion
Re: Do not be pulled by the hype of meme coins
by
coin-investor
on 23/05/2023, 20:44:00 UTC

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


There's always one in the trend coins that will make it big, there's Axie Infinity in the PVE trend, Doge and Inu, and now Pepe in the meme coins, but with so many new trend coins coming it's hard to know who will make it, who'll get a pump early investors Shiba Inu and Pepe coins are so lucky, but there are also who invested in meme coins that became bag holders we really don't know what meme coins will make us a lot of profit, you can either lose a lot of money or make a lot of profit, and I don't think it's a long term investment as people interest come and go.
I'll still go with utility and use case when investing in coins.