Post
Topic
Board Altcoin Discussion
Re: Why we need to buy meme coin?
by
Mehedi72
on 10/02/2024, 22:24:45 UTC
...If you do good research about cryptocurrency and the coins that have been making so many people millionaires in the last decade, you will see that people make good money through meme coins than in bitcoins because meme coin has hype while bitcoin is already known and will remain one and only bitcoin...

And that's really true, many people have become millionaires thanks to the meme coin. But have you ever thought about how many people lost their money so that a few people became a millionaire? If you are not a member of the team and you do not have friends who know about the team's plans, you should not invest in meme coins. Otherwise, the chance that you will lose your money is much greater than becoming a millionaire.
Agreed, not everyone had turned millionaires investing on memecoin. Insider information is much needed one and apart from that we need to be lucky to choose the right memecoin and turn rich. With cryptocurrency anything can happen, so we need to keep ourselves prepared to face the worse. This will help us handle any sort of market situation and avoid the losses.

   Yes, you are also right about that. There are other individuals who can say that they are meme coin hunters who are good at choosing and who also know how to know if this meme coin has potential or not. I saw that when Pepe Coin was just starting in this field of crypto coins.

   Because I read something that only 200 dollars were bought in Pepe Coin, but when the price in the market rallied strongly, the 200 dollars were valued at 4.6 million dollars. I'm not sure if it was in that amount, as long as his earnings were in millions of dollars, and you can tell if it's really lucky.