Post
Topic
Board Altcoin Discussion
Re: Investing in meme coins is worthy or not?
by
arjunmujay
on 18/01/2024, 12:50:39 UTC
Investing in meme coins is worthy or not? Some of memcoin is worth an some of it is not worth the money or time.

Personally I always struggled to finding a new memecoin so when it goes viral it already touch ita new high so its not worth the money anymore
Meme coins emanate every year. Last year we got about five to seven meme coins in the cryptocurrency ecosystem world and we don't know how many are coming this year. And if I will answer the op question I will say yes it is good to invest in meme coins but one has to be careful because not all are worth investing for. By their fruit we shall know them. I believed the factors to detect a good meme coins before investing to them have been discussed here an many times.

The best way to benefit from all those meme coins is to invest in them and leave them like that in the wallet for years. But if you can use tham to trade them it is better to do that. Trading with meme coins is good if the coin is listed in the trading platforms.
the development of meme coins is growing rapidly and more and more new coins are appearing. and yes it is true, investing in meme coins really has to choose and sort appropriately. like looking for diamonds that are still buried. if it's not right it won't even get what we want.

it will be very appropriate if you want to really invest in this meme coin by using money that will never be used within 5 years and above so as not to make psychology disturbed because it could be that the coins we choose become worthless.