Quote from: masulum on August 03, 2023, 05:52:51 PM

Memes should be approached as short-term trading assets rather than investments. Treating memes as investments can lead to significant losses, given the inherent volatility of meme tokens. The potential for losing a substantial amount of money is high, as meme tokens are prone to fluctuate drastically. If trader is not prepared to endure losses, they should avoid investing in memes.

Agree. Since meme coins only rely on the hype, it is totally the wrong idea to hold them for a long term investment. It is quite strange that some people wants to keep meme coins for a long run, they may try to believe in Elon Musk. Grin

They are not aware that Elon Musk may forget about meme coins, his life isn't intended to develop meme coins. If Elon Musk ever made a big hype in meme coins, no guarantee he will do it again in the future.