Quote from: EarnOnVictor on Today at 06:33:08 AM

Quote from: R1dwanRz on June 04, 2024, 06:08:14 PM

I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.

I can never condemn meme coins, but I advise you to be very careful about them, especially the too many that are flooding Telegram and X. Those two platforms are the most susceptible means of attracting people, but I tell you, good projects often come first, the rest could be rubbish. Except that a few good projects may still creep into them over time which is why we do not relent, but let's be vigilant, especially with the new meme coins on Solana and TON ecosystem, they are beyond the regulation of the blockchain developers.

This advice is important since meme coins are the talk of the town, but they are also becoming problematic just like many failed and scamming airdrops. This is why the research you claimed you are doing must be thorough to help you, you also need luck to back you up on this as many had fallen victim despite the much research they did, nothing is perfect here.

By diversifying the risks and efforts put into different memecoins, it's possible to get something out of them. Better yet, invest the sum you are willing to spend but would be happy to double or triple in the coming time. Analysis + discipline + the sum you are okay to go in with = the odds would be in your favor Wink