Many have the resources to invest in bitcoin but not the knowledge, like a friend of mine he was literally interested in digital currency but don't have much knowledge about it so someone told him that bitcoin price is too expensive, that he should start with some shitcoin so few days back I found out my friend mentioned something concerning a coin that it's waiting for the bulletin to hit the coin , I was like you gave so e digital currency, and he was like yeah that is a eth meme coin I was like what... That he should sell it fast because he told me that he had already made X2 of his money invested but wanted more (this is where problem usually comes from ) , he was like he needed x5 , and I told him that you might end up not having anything at all if that coin dip , that better to invest in a well known coin like bitcoin, that's more ensuring that those shitcoins .
So some folks are just being mislead by others especially those that called themselves degen traders that focus on trading shit coins , now is now meant for me to clean up those wrong mindset and try to make learn the proper way when comes to investment, because am always happy seeing folk coming to bitcoin investment.
I bet you that even if that your friend sells that memecoin and buy bitcoin, he will still come back to invest in that memecoin again because he has already been enticed by seeing his investment grow x2 of which his bitcoin investment cannot give him x2 of his principal amount within a short term so his mind has already been corrupted so you should really settle down and tell him everything he needs to know about bitcoin investment so that he doesn't get bored when his investment don't grow suddenly as the way he would wish. Telling or advising people not to invest in shitcoins is good but are you able to give them orientation on what they need to know about bitcoin investment? because most people come to the market simply because they are interested in short term gain so if you advise such people to invest in bitcoin without telling them the basic things they should know about investing it bitcoin you will see that they will still make their way to invest on shitcoins.
This is why there's no different between memes trading and gambling, there are always beginners luck . To lure you completely in thinking you can keep making that same wins continuesly , tbh i don't want him to learn the hard way though experience is the best teacher, the truth is that one trading memes doesn't mean his a trader rather a gambler, memes are usually fuel with hype and most folk that usually initiate the hype are being paid for it to lure in investors that will later get rug pulled. This crypto space ain't no friendly one most folk are here to make money no matter the cost , they are ready to put others finances on the line. So the only advice I have for those that are into shitcoins is to find ways to reduce or stop the habits of trading shitcoins and start playing it safe by investing in something that's more trust worthy like BTC .