People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?
A common motive of every investor is that they expect good returns from investments. And when someone gets good returns from meme coins, other investors flock to invest there. Meme coins have yielded such high returns in recent times that some investors have been able to reap huge profits on their investments. The amount of investment is low and everyone expects high returns. Due to which people invest more in these coins. Profits can be expected in meme coins but one needs to limit one's greed in these coins. If you expect more after a certain profit, there is a greater chance of losing. People's greed for getting more is always high due to which they increase their investment in meme coins.