Quote from: Abiky on Today at 05:55:01 PM

Quote from: oktana on April 11, 2024, 08:50:47 PM

Sorry for your loss. I’d say it was your luck. Probably at the same moment you lost that money, someone else got rich from a meme coin. If I had $1k to invest in meme coins, I think it’d be smarter to spread it across various meme coins (instead of in just one), proportioning the money based on how much trust you have for the meme coins.

The risk of loss will always be there. Even if you diversify your investment across multiple "meme" coins. You're much safer investing in BTC and ETH alone than "meme" coins. If you're looking to make short-term returns, "meme" coins are for you. Otherwise, I'd suggest you look elsewhere.

Among the popular "meme" coins on the market, I think only Dogecoin will survive for generations. Shiba Inu comes close to it in terms of community support. The Shibarium L2 network is one of the latest innovations from the Shiba Inu project. Other "meme" coin projects are lacking behind in this regard. For what I know, the crypto market is unpredictable. Hence, it's advised to proceed with caution to avoid losing everything in an instant. Cheesy

I agree with you. For the $1k I mentioned, I was assuming the person has done the normal rites of investing in top currencies. I know some people invest just in meme tokens, but I think it’s best to have decent amounts of Bitcoin, ETH, and top solid coins so they have something strong to fall back on if anything went wrong with their meme coin investment.