Post
Topic
Board Speculation (Altcoins)
Re: MemeCoins: Can I lose more than my investment leading to devastating loss
by
nickpap
on 22/11/2024, 04:32:40 UTC
I've bought a memecoin using DexScreener and Phantom Wallet. I only placed $50.

If the worse happens, what is the maximum loss possible?

My understanding is that I should not lose more than the $50 I invested.

But then when I see a red coloured -$150 on my wallet, it makes me wonder, am I expected to pay that loss?

You can't loose more than you've invested.