The low price which memecoins have make people rush to buy them. If you are able to get any of the coins early when price is still very low with as much as 7 zeros before a number you are likely going to be in profit once it gets any attention. This must be the main reason people buy them. It will become less profitable to hold meme coins any time people start losing their investments on them. But for now it looks like alot of people are making money from it. If we look at it from that angle you will agree that it is still worth holding memecoins.
Many people were not convinced by memecoins before they went viral. just like the shiba inu, not many people believe in the rising price of the shiba inu and being able to lead the market, but after the shiba inu community jacked up the prices a lot more people wanted to take the opportunity. and I think it's too late.
Well, I agree with what you said above that being an investor in memecoin must be faster than the trending memecoin. it's a definite thing in my opinion and can benefit from holding it that memecoin
For risk taker they are positive to ride with the hype, memecoin is the best tool to fill up and they are capable taking the big risk.
Bu for those who are unable to understand how the market flaw will lose with meme ride while those who know what to do
they will continue to keep finding this kind of opportunities.
Play if you are willing to lose but if not better to invest with good and solid top assets.
there is some truth in what you say, but I understand it and it seems you don't like the risks involved in holding memecoins.
well, in my opinion, to reduce the risk that occurs by holding memecoin is by investing in memecoin about 30% of the assets we have, the rest we risk and invest in coins that have good ratings. I think that's the only way we can get profit in memecoin when there is market hype.
In my opinion, it's still too risky even though we only use 30% of our capital to invest in meme coins. If I'm honest, I don't recommend investing
in meme coins at all, but if we want to try investing in meme coins, do not use more than 10% of the capital we have. If we end up losing,
these losses can be replaced by profits generated from investing in potential coins. But it would be much better if we don't invest in meme coins
at all and just focus on potential coins that can definitely give a profit. But sometimes we are curious with the challenge of investing in something risky,
it doesn't matter if we use not too large capital.