So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?
2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..
Haha, well, I am into Solana memecoins, I have spent a few hundreds of dollars buying and selling memecoins on the Sol network, and from my experience so far, I must say that that is one the most toxic market for any one to be in, investing in new Solana memecoins Is very risky to be honest. I mean, I personally tried it and I can say that I was as good as losing all my money there, because some projects actually end up getting rugged in the same hour it was launched, the only people who make alot of money in new Solana meme coins are the developers of those coins.
So for me personally, and based on my experience, I would prefer to do normal gambling with my money than focus on gambling on Solana memecoins.
Reason is because, when you win in gambling, you know you have won and the money is credited to your account, there is no way of losing it again except you decide to put it into another game which happens to end in a loss.
But for Solana memecoins, there are times you be in profit and you assume you are winning, and leave the coins there believing that it will still go abit higher in price, but before you know it, the devs will rug it and you are left with useless unsellable coins in your wallet.
There are other times too when you invest in a new memecoin and the price drops, and in other not to sell it at a loss, you decide to wait for the price to recover, and before you know it, the devs have rugged it, again, leaving you with useless and unsellable coins in your wallet.
The Solana new memecoin market is one of the riskiet place anyone can be.