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Investment 1 - ๐ฐ $WIF
Investment 2 - ๐ธ $PEPE
Investment 3 - ๐ $MEME
Investment 4 - ๐ $DOGE
Investment 5 - ๐ฅ $SHIB
Investment 6 - ๐ฃ $BONK
This is what a lot of people, especially newbies invest all their capital into. MEME coins are good ๐ฏ. MEME coins are the fastest and easiest way to go from $100 to $1000 in cryptocurrency. MEME coins are also the easiest and fastest way to go from $100 - $3.8 within 2 hours in cryptocurrency. As a crypto trader and investor, learn and practice diversification. MEME coins are too volatile and easily manipulated.
A few days ago (Saturday) I saw a group of โXโ influencers promote and shill a meme coin to their followers, this meme coin went from $186K market cap to over $1.5M market cap within 12 hours.
After getting to $1.5M market cap, the same meme coin dumped down to $389K market Cap. All these happened within 24 hours. At this point, after the dump, the supposedly paid influencers stopped posting and promoting the meme coin. Guess what? They have made a lot of profits and have used their followers as exit liquidity.
Please, do not build a portfolio that is completely made up of meme coins, or 80% - 90% of your holdings/portfolio are meme coins. Instead, do this: Go for solid projects with low market caps. Invest 20% - 30% of your capital into meme coins. Invest 30% - 65% of your capital into low market cap gems.
Invest the remaining percentage into top projects like Solana, Ethereum, and many more.$BNB $XRP #Memecoins #BullorBear
#Write2Earn #BinanceLaunchpool #Memecoins
