Post
Topic
Board Altcoin Discussion
Re: This time for meme coin?
by
poodle63
on 30/11/2023, 23:57:23 UTC
Except a few memecoins, all of those coins launch daily is scam. People also know that but their greedy mindset let them force to buy memecoin to multiple their capital overnight. There is no time that could be the era of memecoin as most of those would never successful. Those will be fail after short hype. So Better idea is to neglect memecoins and focus on others altcoins if possible but there is possiblity that some memecoin could show us incredible raise during bull session
even right now the altcoin that increase are altcoin with good fundamentals.
Investing is meme coins is somewhat risky because the name “meme coin” tells a lot on how they are backed by nothing. Nevertheless, if you have invested in meme coins before then you do not need any introduction because you’ll know that meme coins follow hype (even though some of them like Dogecoin may have use case). I’ll really urge you to do proper reaserch on which meme coin you want to invest in, make sure that you personally see a potential (not what someone told you), then you invest what you can afford to lose just Incase it goes bad.
true, if someone want to speculation really bad just go with meme coin but don't ever think when someone invest in it they will be chosen one that gonna make profit in 1 : 10000 meme coin investors.
big fat chance the money invested will become nothing because the devs and some random meme coin manipulation is going on that causes the market to dump to oblivion which then have no liquidity left at all because everyone else is also shaken by the sudden dump so they just want to exit and even at really low price point they wouldn't hesitate to dump their coin.