Meme coins are not an ideal choice for long-term investment because:
High Risk: The possibility of huge losses is very high in the long run.
Minimal Fundamentals: The lack of fundamentals makes meme coin vulnerable to depreciation.
Pure Speculation: Meme coins are more suitable for short-term speculation, not investment.
Conclusion:
Meme coins offer the potential for big profits, but come with equally big risks. Conduct in-depth research and manage risks carefully before trading meme coins. Remember, hype is not a guarantee of profit.
Disclaimer:
This information is not financial advice. Always do your own research before investing.