Post
Topic
Board Altcoin Discussion
Re: How can I understand meme coin good or bad position?
by
lunnatic
on 18/07/2023, 02:02:20 UTC
It's not advisable to invest in meme coins because of the high risk. Did you even take time to conduct a research?

Meme has no real use case and just relying on hype and speculation of investors eyeing to spot the one that likely to skyrocket. So if you're really interested, just use the amount that you can afford to lose since the result is uncertain. Moreover many investors already lose a significant amount for joining the ride of meme coins. Thus, diversify your portfolio to buy an established coins with real use case.


It's true that meme coins are very risky, but that doesn't mean we shouldn't buy them at all,
as long as it's a small amount of money I don't think it will be a problem,
it's better to buy coins that have future prospects than buying meme coins which will only be a waste of time.