Post
Topic
Board Altcoin Discussion
Re: How do you find new meme coins early?
by
Sophokles
on 05/01/2024, 18:27:28 UTC
In gambling you still have chance to win but in meme coin most of the investors took losses due to a lack of knowledge or, if I can say lack of good fortune. I can still remember that someone i know of got information about shiba inu before it started to rally. But he hesitated to invest and later regretted his action. He was just unlucky and there are countless people who made investments in shiba inu after seeing lots of promotional videos about it and later found that whales dump on their investment.

that's what happens to people who only participate in memecoin investment. Such investments require time and focus. meme coins will fly with the hype, and after that dump. the increase is extraordinary, but you can see how the coins disappear.
if you don't have the skills, it's better not to put our money on memecoin. for the lucky ones, they can make big profits in a short time. but I think more of them miss the moment.

The only people who actually benefited from the meme project are the early investors who got extremely lucky and made their investment when no one knew about the project. If their is a whale investor in a meme project then there is a high chance that its price will rally for a few hours to a few days depending on whales buying power. Most of the time people lose money in these project but i have seen people who made real fortune from meme project in the last bull run.