Post
Topic
Board Economics
Re: Prioritizing strong foundation over quick gains
by
AnonBitCoiner
on 09/05/2024, 19:54:25 UTC
There is always a line between doing something the right way and overdoing it, when it comes to matters of quick profits most individuals also forget that they is also a high possibility of risk involved In it and hence when things go wrong if they had invested to much in such schemes they bear a much heavier weight of regret than most.

IMO whether it is a long term investment or short term investment, if you can mange the risk and do it the right way you can be successful. Memecoins bear a quite significant risk of failure and very little do well, so if anyone wants to invest in such he should approach with very little money.

People often think that if they will invest and trade again and again then they will earn more but they don't remember that a single trade can make them wealthy if they do in an accurate way or with an accurate coin. Over trading never gives you profit but right trading can make you profitable so one should understand the difference between these two.

Meme coins are a highly risky investment so either you should avoid investment in it or invest little amount of you want to taste the reality of investment in meme coins. Meme coins are trending these days but their success will not remain forever therefore think before you do anything with your money.