You're right there, then for meme coin hunters, they might invest in UFO, shiba memu and Allien, maybe if I invest in UFO, I'll buy even if it costs only 15$ and then just hold, even if it loses, it's fine. We know that meme coins are high risk. Maybe if I have a lot of money, the maximum I can invest in meme coins is around 30$-50$.
Why? what for? you are just giving money to scammers. it's not like meme coin will catch and reach a big capitalization because its better than others. It all depends on what capital is behind the scam and what skills to manipulate the price have the scammer. This cannot be predicted. And since there are no mechanisms for predicting this, you are gambling, even worse, because in the casino you can calculate the probability of winning and the house edge. High risk must be justified by proportionately high returns. If you're counting on x100 with a probability of 1:10,000, you're probably not making a good trade.
Well, we can't do anything about that, it's his choice and decision, we should respect what he wants even though in our eyes the step he wants to take in investing in a meme coin is a bit bad.
Then it's okay with him even if he doesn't get any money from the money he will use to buy the UFO... Maybe because he thinks like Pepecoin that doesn't have a group or team but is suddenly trending in the market..
