Some of you might have come across mind blowing stories of how an investor turned few dollars into millions of dollars, simply by buying memecoins such as DOGECOIN, SHIBA or PEPE when they've not really gain popularity and later sold at a big marketcap. While this may seem very tempting to some persons, the bitter truth is that these investors fail to tell their audience how many times their hands were burnt and the losses they suffer.
Newbies need to be very careful with trend, they usually follow trend due to FOMO and it used to lead them to losses. These investors lost newbies are looking up to are also losing money heavily in crypto investment especially in meme coins or Altcoins generally, but due to their reputations, they will only show you guys the once they made profit from and hide the other ones which is why doing research is very important before you make any decision so as to be safe.
There is a popular saying that any thing good takes time and it's worth waiting for. The bull is around the corner, invest in Bitcoin instead and HODL.
How sure are you that the Bull is around the corner?
We just have to keep investing in Bitcoin because it is only Bitcoin investment that is guaranteed of good returns, although Altcoins investment is also good but the risk is higher compared to Bitcoin.
Just invest the amount you can afford to lose.