Investment 1 - 💰 $WIF
Investment 2 - 🐸 $PEPE
Investment 3 - 🚀 $MEME
Investment 4 - 🐕 $DOGE
Investment 5 - 🔥 $SHIB
Investment 6 - 💣 $BONK
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Many newbies in the crypto world often put all their money into meme coins, hoping for quick profits. While meme coins can bring big gains 💯, they're also super risky and can be manipulated easily.
I recently saw some influencers pump a meme coin, making its market cap jump from $186K to over $1.5M in just 12 hours. But then, in the next 12 hours, it crashed back to $389K.
These influencers took advantage of their followers, making big profits when the coin went down.
Don't go all in on meme coins. Diversification is the key 🔄. Put 20% - 30% in meme coins, 30% - 65% in low market cap gems, and the rest in solid projects like Solana, Ethereum, and others. This way, you balance the chance for big wins with stability and reduce your risk.
Remember, in the crazy crypto world, caution and research are your best friends. Don't fall for hype blindly, and always invest smartly.