Quote from: CryptopreneurBrainboss on Today at 07:14:26 AM

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

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

Memecoins are a gamble and only meant for gamblers so If you no be gambler, no go dey put your money there because e go, go. No take memecoins gamble as investing as the outcome from actually investing and memecoins gambling can't be the same. Say you run the memecoin matters and e favour you no mean say you go advice others to do the same because you guys grace mightn't be the same. But for Bitcoin everybody wey buy they get the same benefits depending on the quality wey you buy. Bitcoin go fit fall and e go rise again but e no dey sure for memecoins because say for starters, they don't have a long life span. As we dey advance for the market na so new ones are being created and the old ones becomes absolute. See as after Trump launch e own na so e wife come out and Trump own begin to dey loss money, na so the memecoin market just be but Bitcoin na Bitcoin and baba.

Bitcoin investment remains number one and the most trusted cryptocurrency that any crypto investors can hold without fear that it will crash and they will lose all their money. Bitcoin has built a solid reputation that it has the potentials to always be profitable on the long term. The same cannot be said for altcoins, perticularly memecoins that have the reputation of pump and dump, investing in them is a very big risk because facts have shown that many people have lost their money in memecoins investments. I agree with you that everybody that wants to invest in memecoins should be a gambler, they are the people who understands risk taking, they know that it is supposed to be held on a short term. If they are lucky they take profit and runaway before it can become obsolete because they have short lifespans. Newbies that don't know how memecoins are designed will continue to hold in the hope that the price will rally but they will not know that they are holding onto dead tokens.