Quote from: rimoeee on November 18, 2024, 07:49:36 PM

Although there are so many risk and disadvantages involved in memecoins, they also have their huge advantages. Honestly for most traders, investing in memecoins is not an option for them, especially with the fact that it is really volatile and it lacks development support but still, memecoins also has it's advantages. Traders who doesn't have a big portfolio, can purchase with the low entry price and make high returns. Their inexpensive nature is a major advantage and this can help small investors and traders to build their portfolio.

Memecoins investment needs to be done early imo. Early bidders are mostly successful. It's hard to buy memes that has gotten to binance and made good money that's just it. I wrote a thread about getting it earlier on platforms like Bitget, before it hit other exchanges. I've done this with pnut, act and I'm doing it with Fred ATM. You need to act smart when it comes to memes to be profitable imo..