Post
Topic
Board Trading Discussion
Re: Achieving a goal
by
Natsuu
on 08/04/2024, 13:30:10 UTC

Investing with meme coins which doesnt have some utility is somewhat really that risky but seeing that they are included into those who do sit at the top or higher ranks then we can really tell that this market is really that unpredictable and this is where investors would really be considering on making some investment with these meme just because they do know on how many times or multipliers that they could really be able to get  
whenever they do make out investment with these memes.
Investing in meme coins is sometimes very tempting. You can even multiply your asset value many times. it seems so easy to see so many people successful in meme coins.

but I agree with you. Meme coins might be that interesting. meme coins are really high risk. If we miscalculate or make the slightest mistake, our money could really go up in smoke. This is probably not a wise idea. But, if OP is a high risk holder, yes, he could choose it. but I'd rather avoid this. because my inability to analyze meme coins could actually get me into trouble. ha ha ha

One of the main reason on why meme market or simply to those tokens that launched on dex and making that huge volume because of this kind of interest when it comes to the opportunity that it gives on which it could really be able to cause up that multiple folds of your investment.

I agree on this. Speaking of meme coins, it's not all about the purpose or the founders or the roadmaps.

It's more of like how much interest is built upon the projects. Who are the well known persons are involved and supporting the coin. When people knew that. Volume will flock in the price will go up. Imagine if Tate, Musk, Bezoz, or any known personality or rich billionare announce that they would be supporting a coin. Then sure enough the price would rally higher in a way that it gets attention. That's one thing. Another is which large cap coin does the coin circulates. Most meme coins that are rallying right now are booming under Solana ecosystem.