Post
Topic
Board Altcoin Discussion
Re: Why we need to buy meme coin?
by
big kid
on 07/03/2024, 10:02:09 UTC
Sometimes I just think about the fact that meme coins can be very dangerous but can make someone exceptionally rich over night. It takes a strong mind to invest in meme coins and keep them for a long time. Especially those investors who have a lot of money to invest in cryptocurrency, I believe they are the ones who take serious risks in investing in meme coins. Personally, I do not like meme coin because I am a long term investor, but I could try it sometimes. I have had some thoughts about it, like I said. However, I will use money i know I do not care if I lose it or profit from it.


Well, memecoins are very speculative assets, and their price is based only on hype, so long-term investment doesn't really work in that space I think. It can only work as you throw the money you don't need and don't expect profit from it, it just might come.