Quote from: shawonngp on August 26, 2024, 01:49:57 PM

Quote from: asrinur on August 26, 2024, 08:14:03 AM

Quote from: Moreno233 on March 02, 2024, 11:15:03 AM

Quote from: asrinur on March 02, 2024, 10:41:23 AM

There are tens of thousands of coins and tokens. People who buy meme coins sometimes use them for speculation in the hope that with a little capital they hope to increase by thousands of percent and get big profits. Even though investing in meme coins is very risky because we cannot measure the fundamentals and we also don't know who is behind the coin and what they are doing and for what purpose.

Memecoins is entirely gambling and a thing of luck because there are too many of them and the failure rate is so high. I think anyone buying memecoin should follow it like gambling where you know that the chances of losing all funds exists. One can get lucky to hit the jackpot with altcoins and the reward for such is just like winning a jackpot in gambling. I'm still thinking of buying altcoins but chosing the right one is the problem. One just need a good catch of it in this bull run to make some cool money, that is buy now and sell towards the end of the bull market after halving.

I agree with you that buying Memecoin is like gambling because Memecoin has a very high potential risk. Therefore, if you are in doubt about buying Memecoin then don't do it otherwise you will not be ready to lose all our money. It's better to buy altcoins that have strong fundamentals and have been proven to be profitable. You can buy the top 10 altcoins on CMC which have profit potential, especially in a bullish situation like today, the top 10 altcoins can provide satisfying profits.

About top 10 ranking altcoins i have no doubt but you should not expect satisfying profits, in top 10 you find Doge and Trx, i don’t say both of bad coins but i don’t buy these 2 coins because profit will not be decent as per as their stable price, and Doge is looking risky considering a meme coin. You can get satisfying profits even in top 200 coins, you need research about potential coin then make invest.

Indeed, among the top 10 altcoins there are Doge and TRX but just like you, I do not invest in Doge and TRX, I prefer to invest in ETH, BNB, and SOL because for me these three coins can provide stable profits if done the right way.

asrinur

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