Quote from: Tipstar on May 21, 2024, 02:07:12 PM

Quote from: hamba laeh on May 21, 2024, 01:16:21 PM

Meme coins will never disappear and will definitely always get support from several communities because as we know, many people have become millionaires just because they have meme coins. Maybe you've heard information about someone becoming a millionaire just because of coin memes. and I'm sure there are many people who are inspired to do the same.

I too used to be cautious about memecoins. How they don't contribute to the crypto world and how ponzi like they are. But on those several years I stayed away from them, people kept on making their fortunes and at the moment they are stronger than ever. I currently have invested in several memecoins making them the largest part of my portfolio. And in the last 24 hours all of them have outperformed bitcoin and other altcoins that I hold. I'm not just holding but booking the profit at pre-set prices like a grid trading and memecoins provide the right volume and volatility for such trades.

I do not think that you are realizing that while some of the people made "fortunes" most of them lost their money back when it crashed, and a lot of people didn't even made any fortunes and they lost directly.

Some people enter at 10, reach to 200, and sell at 5 because it crashes, some people enter at 200 and sell at 80 because they are too late. Only the people who entered, and sold at the top made any money and they are not as common as you think, even the images you see people withdrawing, doesn't mean they profited, because they could have put that into another meme and lost it all. So do not be worried for staying out, I think you should keep staying out, it allows you to do something that's not that bad at all.