Investing solely in meme coins like

$WIF

$PEPE,

$MEME

$DOGE

$SHIB

$BONK

is a risky move, especially for newbies. While meme coins can offer quick gains, they're highly volatile and easily manipulated. For instance, influencers can pump up a meme coin's value, only to sell off when it peaks, leaving followers with losses. Diversifying your portfolio is key. Consider allocating 20% to 30% to meme coins, 30% to 65% to low market cap gems, and the rest to stable projects like Solana and Ethereum. This approach balances potential high returns with stability and reduces overall risk. Remember, investing wisely is about finding the right balance between risk and reward.