Post
Topic
Board Trading Discussion
Re: As a Token Analyst, what type of coins do you trade the most?
by
tottong
on 30/07/2024, 02:23:03 UTC
I try my best to sometimes change my style of trading to focus on token niche sometimes and regroup to look for what works per season.

No one really survives in meme coins and if there are, it is only a few people who are trying to capitalize on short term gains.
When someone focuses on meme coins then they should know the structure of the coin because otherwise we will face losses.

Quote
Memecoins are a form of token and you can further regroup them into BSC, ETH or Solana Tokens based on their build.
If successful but if they fail in the market they will lose value, ultimately they will be developed based on the vision.
If the developer is only looking for profit and not making progress on the coin then the concern is that people will get trapped so the potential loss will be much greater and plus they don't have the knowledge to recognize the coin.