Quote from: electronicash on December 09, 2023, 08:27:51 PM

Quote from: puloweh555 on December 09, 2023, 08:05:32 PM

Quote from: Dr.Osh on December 01, 2023, 09:47:56 AM

Many people hope that meme coin can be like Doge, therefore they really hope that there is a right time to invest. Even though it is possible, it is difficult to happen. If we believe that the Meme coins we own will have a high price, then starting to invest now will be the same as starting to invest in the future. however, we don't know when this coin will actually have a high price. the risk is still very large, and the price could drop to very low.

Yes that's right. Many people buy meme coins, even newly launched meme coins, because they hope something like Doge will happen, or maybe they buy meme coins so they don't regret it like before because they were late in buying Doge. In the end, Doge rose so high, so they want to take advantage of this moment, hoping it will happen again like this. doge at the moment.

Suggestions like this are what make many people buy meme coins with high hopes, of course this is not wrong, it's just that they have to be prepared for the risks that might occur. Always use money that is ready in case of loss.

imagine the profit when you buy billions of SNEK worth just 100 ADA and then when the price of SNEK will be at least just $0.001 this is beyond profit you'd almost be guilty of scamming but you are doing it legally by investing in a meme coin.

it's why i like Doge for being just a joke, it ends up being decentralized too, and widely accepted by casinos and exchanges. i don't think it fits calling doge a shitcoin. its pow and like BTC, its owner also out of the project. he is never in control.

Imagine how huge the profits might be if you successfully place your investment with that kind of project though not all can make money on it and most of the time, the numbers of people who lost are un-comparable to the numbers of those who manage to liquidate with decent amount of profits, it's more on taking that big risk and accepting the worse possibility if you invest into a wrong meme project.