Post
Topic
Board Altcoin Discussion
Re: Why we need to buy meme coin?
by
d3nz
on 15/07/2024, 17:46:32 UTC
Because
Sleep dreams that the tendency to suddenly become rich Cry

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.
You don't need to buy meme coins unless you have to because the risk of getting profit there is really high and I don't think you can actually go for consistent profit by just selling meme coins. There are tons of scam on meme coins to just grab and lure those FOMO investors because they think they can get the same thing on every meme coins. It's good if you catch some good ones but don't think you need to buy those.

There are some good meme coins to get an easy profit but it is very risky, so it needs to be cautious before buying and not just to spend and lose the invested funds. And investing in meme coins doesn't follow the market cycle and is very unpredictable and it relies on whales and it's on us if we take the trend bait.