I would argue that 99% of new projects, especially meme coins, are pump-and-dump schemes. Even coins with technology behind them or a limited supply might seem attractive projects, but they will disappoint investors in the end iif they fail to achieve what they promise or become scams.
Indeed. Most of new meme coins are just intended for pump-dump coins. They have no clear fundamentals, no technology, no products. They have very large supply, even they have unlimited supply. Basically they are very risky but people sometimes only view them as hype coins. People buy the meme coins because they are influenced by the massive promotion of the projects. Sure, finally many people end up with losing money because the meme coins won't have good value anymore when the hype is over.
Gambling with hard-earnd capital is something that many investors cannot bear. Anyone who wants to take the risk should consider the possibility of loss before thinking of profit, as the possibility of making millions from a small investment isn't realistic or easy with these high-risk new projects; it might just be a rare stroke of luck.
It is too risky efforts, why we must gambling with new coins? We have too many fundamental coins, right? Even we have many old coins on the top ranks. People assume they can easily succeed to get huge profits in new coins. They are not aware that those new coins may fail to survive in the market. If it happens, there is no chance to get profits at all.
Even the older projects in the market require perfect capital compared to their prices. We need to talk logically and not be driven by greed.
Firstly, we must invest in any coin with safe money. Secondly, we choose the most potential coins, not every old coins are potential for investment. Those old coins that seem to have no progress, it is better to avoid invest in them. We only need to invest in old coins that they always develop their projects constantly. And we must set the target (exit plan) with realistic price. This should be determined based on certain analysis/research.