Investing in Bitcoin can be thought of as risk-free. We know Bitcoin is also risky but if you hold Bitcoin for long time then it will not be risky you will definitely profit. Memecoins are like a storm, investing in memecoins can expect high profits but is very risky.
Yes, it's best to stay away from meme coins. Investing in memecoin can lead to many losses. Many people have lost a lot of money by investing in meme coin, they have not been able to recover yet. But those who invested in Bitcoin and suffered losses definitely managed to recover. However, those willing to take risks can invest in meme coins. To stay risk free, invest in Bitcoin and hold for a long time.
Investing in meme coins and expecting guaranteed returns is completely rare. Meme coins can be exciting, also risky but sticking with Bitcoin or other major, proven coins is usually a safer bet anytime. Unfortunately people don't realize the risk until they fall victim to a scam, but if they catch on in time, there's still a chance to recover their money.
Yes you are absolutely right. meme coin is very risky and the reason people invest in it is because they want to get rich very fast. But they don't know that they are taking a big rick without their knowledge. But currently there are many coins that offer good returns to investors but it is really foolish to expect more. One thing I really like about you is that he doesn't know how big of a risk he is in until he gets scammed, which is great. I think investing in altcoin is much better than meme coin because it is much easier to recover the money even though it has risk.