Quote from: Igebotz on January 26, 2025, 08:23:27 PM

Quote from: Eres1 on January 24, 2025, 12:54:38 AM

With the word crypto currency on the rise in world and with an acceptance level across the world especially in Nigeria it's time that my Nigerian people should know that Bitcoin is not just any crypto project like any of those coins that are over crowding the coin market and that Bitcoin is the key to the financial system of the world in the future with a fast growth rate over a given period of time which has helped Bitcoin becomes more successful infact am really surprised when ever I see how Bitcoin has suppased all expectations because when Bitcoin started a lot of people refused to take it even for a dollar but today The story is different as Bitcoin is the hope and vision of many so my Nigerian people when going into crypto don't invest your hard earned money into any meme coin that you're not sure of growth in the future but invest into Bitcoin because Bitcoin is proven and trusted over the years

I trade memecoins and invest a portion of my earnings in Bitcoin. Trading memecoin does not preclude anyone from owning Bitcoin, and I am confident that 90% of memecoin traders also own Bitcoin.

The goal for most traders is to profit as much as possible from memecoins in order to increase their BTC holdings. It is risky, but with a strategic plan, you may make some good money. It's a rapid in/out scheme.

That's are very good mode of diversification and I see no harm in it since you're not trading with Bitcoin, infact channeling of profits from memecoin into Bitcoin is the wisest decision that anyone who's into Cryptocurrency would make, since Bitcoin is the best coin when one is thinking of using Cryptocurrency for investment option, it's like channeling a capital gotten through a risky process into a more safer and better option to get more profits in future.

Though the risk involved in it is very high but there's no doubt that people make good profits from trading memecoins, with a good market analysis and risk management there's a possibility of huge returns with time and it would be wise to channel the profits to a more profitable area of which Bitcoin is not a bad idea.