Here is why you shouldn’t invest in meme coins like $BONK - $PEPE - $MEME
Here is why you should “ consider “ investing into meme coins
We have seen people invest $100 into a meme project and they ended up with over $10,000
We have seen people invest $20 into meme coins and get 300x ROI
We have also seen people invest $10,000 in meme coins and in less than 7 hours they lost 80%.
We have also seen meme coins go from +13,000% to -10,000%
I believe, we have more people who lost money in meme coins than people who have made money from meme coins
what are meme coins?
In simple terms, a memecoin is a type of cryptocurrency inspired by or promoted using a popular internet meme or trend , 90% of meme coins have zero utility
Most times after the hype and trend is gone , most meme projects fail
Most times , we never see this meme coins get to the previous All time high again
Most times , most meme projects fade , as a result of influencers moving on to another new meme project
So, before buying into meme coins, it is very good and important you do your research
Don’t buy into any meme coin as a result of an influencer marketing strategy
Have a plan,
do you want to buy and hold for long ? Or
Do you plan on taking profit at 2x -5x ROI?
Whatever you decide go for it , but make sure you always have a plan before investing into meme coins , and always take profit as little as it might be, $2 profit is better than -$10 ($10 loss) .
We have some contents coming up on investing into meme coins.
We recently got nominated for the Binance Square Creator Award, and I couldn’t keep up, as I have college exams going on this period, but I believe we have better opportunities in the future , and I also want to use this medium to say thank you for your support, I really appreciate each and everyone of you ✨❤️
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