So, the big question is:
❓ Are meme coins still worth investing in today?
❓ Or is the era of meme coins officially dead?
You just said it in the beginning of this thread by mentioning some meme coins of some specific years; these coins did well then despite the crypto market citation and most investors that invested in the project made a lot of money because they took great risk and invested early in the projects.
Therefore, if you are good in altcoin investment, you will still find your way out because we are seeing projects going up daily despite the market conditions.
The only thing that is important to note is the risk involved in the investment, but the higher your risk, the greater your return.You have actually said what I wanted to hear, which is the higher the risk, the greater the return.
Then my question is are you willing to take such risk with your hard earned money?
Because by the look of things, investment in most of this meme coin are like gambling where the percentage of you ending up losing your money is like 50/50.
Though the gamblers will want to risk it, but I wouldn't do that because it's not a reliable investment too me since they aren't trustworthy as Bitcoin is.
Then lastly, if meme coin are actually dead? No they are not, they will always be there in the market, just as every other market where fake products are way more higher in quantity than the quality ones.
And you talk about those sets of investors that are still making it by investing in meme coin, yes, people are still making it, just that the percentage of those that are actually making it are just few, while the majority are losing money, so you see why it's more like gambling? That's what it is bro.
Hard earned money isnt something that you should really be that putting into this situation on the time that you do decide to invest with meme coins. Always be considerate into the money that you are spending on which this should really be that only into the amount on which you can afford to lose because if you do put your life savings with it, and on the time that your investment showing up some negative then you will be that becoming impulsive and might that causing up into further actions on which be might that worsen up the situation. This is why its recommended that you do really know on what you've been dealing into and on the things that you must do. Majority do make this as an investment on where they do risks too much.
If we do tend to look at on how popular meme coin is and into those people who had become rich with it, then you cant blame them on why they have such high interest towards it because of the possibilities or chances on which it could give out into a certain person. If we do tend to look up on the overall volume on which meme coin market is really that making on which it does really shows up that huge amount of volume on which indicates that there's soo much interest towards it. On the time or moment that you will be dealing up with memes then only invest on the amount on which you can afford to lose.