99% of people trading memecoins fail to generate profit.
I'm not here to tell you how to be the 1%. As a data scientist, I'm here to tell you to follow the stats: don't trade memecoins.
If you want to make profits in crypto, consider these 3 proven strategies:
1. Focus on coins with strong fundamentals – For example, projects like XRP, that have real use cases and strong backing.
2. Buy spot and invest consistently – Start small and use a dollar-cost averaging strategy (e.g., invest monthly) to minimize the impact of price swings. Buy extra during market dips.
3. Hold long-term – Aim to hold for 10+ years to fully benefit from compound returns.
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Three years ago, I bought XRP for the first time at $1.10. The price declined significantly, but instead of panic selling, I bought more at a seriously discounted price because I believed in the project's purpose. By consistently buying during dips, my average cost is now $0.60 per XRP.
Today, the future seems even brighter, the profits will be life-changing.
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Only invest what you don't need and do your own research!!
