Quote from: shinratensei_ on Today at 05:02:07 AM

Quote from: Asyifiah on June 16, 2024, 08:01:39 AM

It's not about luck in making a profit from meme tokens, wise people will usually avoid games like stupid coins that are just made out of thin air, choosing altcoins is more profitable than wasting money on meme coins that are just a joke. I admit that there are many people who are lucky in meme coin, they are people who can tolerate losses so they can get unexpected profits from a meme coin, they are wise to open a meme coin but understand how they are going to do it.

yeah, nothing wise about investing in meme coins at all wise people would avoid. this coin exist for the sole purpose of market manipulation with its small market caps.

however the massive profit that these memes generated could sometime attract even the wisest sage out there but as long as the entire investment portfolio is only having 3% allocation for meme coin it will be fine because it's risk management and increasing profit through risky investment.

He said there is no luck involved but I think there is. So many things in this world involves a luck and this includes investing in cryptos such as the meme coins. Actually meme coin investing are mostly luck dependent because like I said earlier, they don't have a concept for us to have a proper judgment.

There are chart movements that we can look at but this one is also luck dependent. Manipulators won't make our lives easier. Apart from luck, skills or being wise can also help. Like for example, we know that low-cap coins are a risky kind of investment. I know majority of meme coins are low-cap but I think there are still meme coins which market cap is high and it's best to just go for them.