Quote from: Boomber on Today at 10:25:23 AM

Quote from: GAM ACHEH on November 22, 2023, 01:31:07 PM

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

meme coin is indeed a hype at the moment and has the potential to give us a big profits, it's just that investing in meme coin has a big risk and of course in my opinion meme coin is not really suitable as a long-term investment, therefore my advice is that you better not invest in meme coin for the long term and never be greedy if you invest in meme coin, so if you have made a profit from investing in meme coin, then you must immediately take the profit or you will lose the opportunity to make a profit from investing in meme coin and instead you will lose your money.

It is true and it is highly recommended that if you want to invest in meme coins, only use a maximum of 10% of the assets you own or even less than that. why is that, if your meme coin investment fails or even loses everything, it won't have a big impact on the portfolio you have. and if it increases, let's say it's 1000x or even just 100x, of course I think that's enough to increase your assets.