Investing in meme coins might seem like a game of chance, where luck plays a crucial role. From what I've learned, these coins often involve a high level of risk because a significant portion of them are what people call "pump and dump" schemes. This means their value can skyrocket suddenly, making big profits for those fortunate enough to get in early, but they can also plummet just as fast, leading to substantial financial losses.

Even if you're exceptionally smart and not well informed, success in meme coin investments still seems to depend on luck. My suggestion, especially for someone not deeply involved in meme coins, is to be cautious and not let greed guide your decisions. It's tempting to invest large sums, hoping for a massive return, but this can be risky. Instead, consider investing a small amount of money. Even if the project doesn't go well or turns out to be a scam, the potential loss won't be as painful.

In today's landscape, finding genuinely promising new projects is challenging, despite thorough research. So, by investing cautiously and not putting all your financial eggs in one meme coin basket, you can minimize the potential pain and risks associated with this speculative venture.