Post
Topic
Board Beginners & Help
Re: Memecoins: Not all that glitters is gold
by
Nwada001
on 05/09/2024, 17:51:40 UTC
Imagine if the investor had invested in Bitcoin, no matter how deep the chart gets it will surely bounce back and there's certainty that he'll get his money back as well as some profit, but in this case his investment is gone and gone forever.
You are giving advice but wrong yourself too.  Bitcoin does NOT ensure a positive end of the story 'no matter how deep the chart gets'.  Bitcoin is not a savior, nor is it a miracle.  It may seem like it if you look onto a historical Chart, but this does not mean it is a forever loop of turning everybody Rich.  Be realistic.  Bitcoin can drop any time too.  Only because it never happened yet does not mean it is impossible.
Only those looking for fast links will view bitcoin as something they perform magic. It's true that bitcoin doesn't perform magic, as it's never an option for those who want to get rich quick.
 
But in the case share as regard the meme coin investors, the case of Bitcoin is entirely different. Here, Bitcoin provides an opportunity for the investors to recover the value of their money as long as the volume from the purchase has been sold out.
 
It's just a matter of time, but the price will definitely get there some day. What's just required is patience and time, not like the failed investment that the market might never even see anything close to its ATH, and in most cases those meme coins become valueless and can't be exchanged for anything else ever again.