Quote from: stadus on Today at 03:39:15 PM

Quote from: redsun114 on June 25, 2024, 02:02:23 PM

You can't make constant profits from meme coins, not only in meme coins, you can't make constant profits with anything in a market that is extremely volatile and unpredictable like the cryptocurrency market. Bitcoin is the most trusted and reputable cryptocurrency in the market, but even if you invest money in Bitcoin, you can't expect to earn constant profits because there will always be ups and downs in the market.

When we talk about meme coins, we need to understand that meme coins are all about risks, you take the risk with your money and expect that you might get rewarded for it, it's just like gambling where you place the bet and the rest is dependent on your luck whether you win the bet or not. In meme coins, you can't know which one will succeed and which one will not, doing some research might reduce the risk but there will still be risks involved.

As much as bitcoin cannot ensure us constant profits, much more from those meme coins who are highly speculative investments that will only come to survive if there are hypes and speculations around, otherwise those internet memes will end up their existence. That’s the reason why a lot of us are hesitant to trade these meme coins, seeing there is a high risk to lose most especially that it’s even more volatile and unpredictable compared to bitcoin.

There's no such thing about constant profits.