Post
Topic
Board Trading Discussion
Re: Trade Bitcoin or Memecoins?
by
jaberwock
on 24/05/2025, 19:44:33 UTC
Though these memecoins can sometimes be a pump and dump but it can also be profitable.
Of course, meme coins have great potential for short-term price increases, but the problem is that beginners tend to buy meme coins when they are sold by those who bought them at the very start. So by trading meme coins, you put your deposit at great risk.
So you are saying that it is better to participate in pre-sales or the likes, right? But there must also be risks here. What if the meme coin is a scam? Or won't be listed anymore? But for us to have more chance, we can also observe some things and do investigations. Between, the one I said there seems for investors only but for traders, they need to buy coins which are listed already in order for them to start trading immediately.

So it seems that we have no choice at all except if we will only avoid meme coins. BTC is still better than meme coins anyway for all of us. As long as we are good with trading, earning high from memecoins is also possible which means that you never need to depend only on bitcoin for making profits from trading. I do trade bitcoin against stablecoins.