Quote from: Mehedi72 on October 12, 2023, 09:29:02 PM

Quote from: Cling18 on July 28, 2023, 09:56:29 PM

Quote from: Mehedi72 on July 28, 2023, 07:29:20 PM

Snip

Do not rely only on meme coins because they don't have a concrete assurance of surviving all the market conditions. Top coins will still be the best options where you can generate even a better profit when the bull season comes.

Memecoin mainly runs by hype and hype has limitation. Hype will be end after a specific time and then memecoin will downfall from current price. So this kind of coins aren't investment for long run. Rather than full of doubt if a memecoin will survive till the next day or scam! So it won't be a good sign of a successful investor to invest in memecoin and wait dor a pump! Rather better to buy good coins no matter how little the profit will be during market pump

This is accurate, although newly investors don't even know about the hype and they get fooled by an influencer unknowingly to them such is risky and they only render benefit to those in charge with the project and leaving nothing for investors. This process is actually the loss we are talking about and memecoin move with such pump and dump strategy, investing in memecion is risky and sometimes you might not get anything out from your investment as most investors suffer due to hype.