GM crypto fam, with the recent bullish trend in the market, i’ve seen traders profiting from Bitcoin futures which is not advisable in my opinion.
Honestly, i find it amazing that memecoins(not all) have been performing exceptionally well. I remember scouting exchanges for early buys before deciding to buy DARK, MUTUMBO and some others on Bitget Onchain based on their ratings few weeks ago. I literally bought them with the expectation of little ROI but their performance was suprising.
But i was pained when i saw those who bought TRENCHER and HOUSE earlier on the Onchain made over 1000%. I got to know about them as they trended through the weekend. I’ve been thinking if anyone made from these two, the most part for me was that i saw them earlier on but overlooked but those who bought them early ate good. I’ve realized early entry is important to make good profit from memecoin trading. Did anyone else aped for these coins?
So this is an another Bitget side advertisement i should say on which i do always read up with these kind of stories ended up on using on the same exchange. We do know that on the moment that purchasing out some meme coins then timing is everything most of the time. We've been able to see those people who do get early and made out enourmous profits at the time that it do pumped up but we do know that not all meme coins do made out such pump and most of them doesnt that ending up on shooting up into its price. Therefore, you could be able to expect that there will be still those traders who do make profit and there are ones who do loses up money specially on this meme coin market on where you cant be sure whether they are that hitting up some good multiplier or nt. Now that centralized platforms are now handling up some meme coins then i dont know if it do shows on the same behavior in compared when these meme coins are on decentralizaed platforms or exchangers. Going back into the talks about entry then it will be that crucial on which getting early entry do give out that kind of advantage since you been able to accumulate even more, but the main question on this one is that you can be so sure that it will be giving out that positive results? No its not. Meme coin investment isnt something that recommended for long term. Why? If you are trying out to observe on which most of them do fail and having that no chance on making up some jumps on which means that these things will be getting those investors left behind just because there's no considerable actions that shows up at the time that it do get listed. @OP, if you are doing that making up money with meme coins then its that recommended that you should be sticking into your own ways on dealing up with it, but the main thing that you should be sure is on having that good control when it comes to budget allocation on investing into memes.