Anyone who truly understands what investing really is, would or will agree with me that investing in memecoin currently, most especially on the Solana and Base blockchain; have become a gambling on its own, I've tried both normal gambling, and gambling on memecoin on the Solana blockchain, and I can't really tell, which is more profitable.
Investing in cryptocurrencies in general, and not just in memecoins, is gambling or lotteries (call it roulette, whatever you like), that is, an action whose outcome is almost impossible to predict and the profit will depend on the random factor (luck).
What I know is that, I lost on both, I placed bets on some sports games, I lost most and won a few, and just few days, I decide to try Solana memes, I lost all the money I used as capital for buying those meme coins, I lost all same day.
Investing in memecoins and gambling have a lot in common, one of which is that you are more likely to lose than win.
So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?
I would ignore both options and focus on adequately investing in the cryptocurrencies that have value.
2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..
For example, BTC or ETH (or other top cryptocurrencies). Why? An investor (as a gambler or memecoin investor) is primarily interested in profit, which means that you need to invest (risk money) in such a way that the chances of profit are higher, and not vice versa (as in gambling or with memecoins).