Quote from: Doan9269 on Today at 10:13:06 AM

Quote from: Inspiron14 on May 30, 2023, 08:11:05 AM

Quote from: carrie_white on May 27, 2023, 06:21:58 PM

I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors

following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.

The truth is that if you're to buy a memecoin, don't get in when the market is already hyped or pumped because any moment from then may leads to bear moves and it begins to come down as well thesame way it went up and if care is not taken that you also didn't sell to release them quickly, the coin may go completely down and never rises again especially during the time it large percentage investors withdraws their investment on it.

I've witnessed the unfortunate reality of projects being rug pulled within just 30 minutes, even after developers claim to renounce ownership. Through my experiences, I've seen both sides of the coin.

What has been working for me lately is this: If you're interested in a meme coin, make your entry within the first two minutes, or avoid it altogether.