As the topic goes... Which do you think is much better and more profitable to trade on?
Considering the price of BTC and memecoins; memecoins are cheaper and a little capital can purchase more while BTC is of high value and requires a bigger capital.
Though these memecoins can sometimes be a pump and dump but it can also be profitable.
So, do you think memecoins should be preferred in trading or BTC.
Your thoughts.
I don’t know why some people even trade memecoins, the risk is just too high, I know if you are lucky, you might be making some good amount of money, but if you check the risk involved in meme coin, then you won’t even go close to trading it, and if you check well, not everyone that claim they are making money from trading are really making money, most of them are always losing, but they don’t really want to to make it public, rather they do deceive people online.
Some influencers that do post how they are making money with some particular meme coins, don’t be surprise that some of them are being paid by the owners of the coin, so that people will buy the coin. Some are even among the creator of the coin, so they just want people to put their money, and they will dump on them.
I don’t even think anyone should compare bitcoin trading or investment with all this meme coins, if you trading or investing in meme coin, then you just gambling, anything can happen to the money which you put, so it’s better to trade or invest in bitcoin.