You most likely will not get rich with meme coins.
Everyone wants to buy that coin that will 100x or 1000x but unfortunately that is not the reality for most. Either you do not get in early enough and you buy the high, or you start losing and sell at low. Or it happens to be a pump and dump.
Rather do your research on up and coming crypto projects
- Ensure that they are legit, backed by trustworthy investors
- And find a project that you believe in, something that you think will be helpful to the crypto space.
- Analyse the price of the coin and determine if you should buy now or wait for a dip.
If you do all the above, you have an infinitely better chance of actually making profit.
You will not make the profit in a day or a week or even a month. But you will make profit in the future.
“ It’s a war of attrition, if you have patience and a modicum of faith in yourself your chances are not too bad “