Post
Topic
Board Altcoin Discussion
Re: Ways to earn money (cryptocurrency) in 2024?
by
justdimin
on 05/06/2024, 15:20:24 UTC
Those who cannot realize that investing in memecoin is risky, I think their crypto knowledge is very low. As a result, some of them get some profit by investing in memecoin and most of them lose their original capital. Memecoin is the most volatile coin. They show a lot of hype at first. For this newbie trader is interested and invests here.
People who invest in Memecoins have no idea about Memecoins.   Investing in Memecoins does not have the potential to make a profit but they do have the potential to risk their money.  So I think people who are smart and have good experience about investing invest in bitcoins. Investing in bitcoins is safe. Investing in bitcoins is more profitable. No one has a good idea about what happens to memecoins because most of the time.  Investing in Memecoins can lead to losses.
That seems to be something quite common, I understand that not everyone thinks of this situation the same, but I believe that it's quite common more than people think. What we are looking at right now is something we can't just avoid, it's how things work. I do believe that we could do better if we invest into other stuff that makes sense, like if you know the top ones then you are going to make some money from them, but unfortunately not a lot of people do that.

The best way to move further would be just thinking what we could do, if memecoins go down. In this type of thinking you are thinking what could go wrong, and I believe that stuff like btc, eth, bnb, ltc and so forth won't ever be zero dollars, whereas memecoins could be zero tomorrow.