🚨 What is the biggest misunderstanding of meme coins? People always look back, not forward!
Take WIF for example. It was so popular before, it increased by more than 1,000 times, and its market value soared to 40 million US dollars. At that time, many people thought they bought it too late, but what happened? WIF increased by more than 100 times!
So, if you think you missed it, ask yourself these key questions first:
1️⃣👀 How many early investors have made a lot of money and have not left?
The truth is: not many. 99.9% of people sold when the price increased by 2-5 times. This means that most early investors cashed out early, so this coin still has room to rise.
2️⃣💰 Take a look at the liquidity:
See if those big whales have entered a long time ago, and whether they can enter now. The liquidity of meme coins is usually very poor. If you have a lot of money, you have to wait until the market value rises to tens of millions, so that when you buy, you won't raise the price by one time.
3️⃣🚀 How much potential does this coin have?
For example, if the target is a market value of 300 million US dollars, is it really that important whether you buy it now when it is 100 million US dollars or 40 million US dollars? Rising to 100 million US dollars often only proves that your idea is right, not the end.
🌍 Don't forget to look further ahead and evaluate the potential more, don't just focus on how many times the coin has risen. If you only focus on the past increase, you will miss more opportunities of 100 times, just like you may have missed many times. 😁
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In the current fluctuating market changes, blindly working alone will never bring opportunities! ! !
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