Post
Topic
Board Speculation (Altcoins)
Re: Investing in memecoins profitability
by
doomloop
on 15/07/2023, 05:33:23 UTC
No coin deserves to be bought because they will all end up the same or you will lose everything.  I really don't understand how anyone can buy a product that is grossly created to steal money
I agree with you, because meme coin has a very big risk and of course meme coin doesn't have a product (useless), so the price goes up just because of fomo or hype, that's why rather than you invest in meme coin (big risk), then it's better for you to invest in projects that have useful products and my recommendation is Ethereum and Binance, because I'm sure the price of Ethereum and Binance will definitely continue to increase very high in the future, so now is the right time to invest in Ethereum and Binance, because the price is dropping (correction), so you can buy Ethereum and Binance at a cheap price at this time.
I'm not really sure about BNB because the case on Binance US isn't over just yet and we are yet to hear a verdict about that and which might negatively or positively affect the price of BNB, so a very good and safe choice would be ETH that will surely go up once Bitcoin starts going up, and there can be more altcoins that might be worth investing but one needs to remember that they shouldn't hold altcoins for very long but sell them when they see a profit.

I've never been a fan of meme coins anyway but when I see people pouring in money like water, I just start thinking about whether people don't love their money or they think it's simply okay to lose more money because they can easily save this money if they don't invest in meme coins.