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Douglas_Cachazo
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#MemeCoin People have asked me what I think about meme coin, if it is good to invest in them? I usually don't give financial advice, but I do like to give my personal opinion. first I want to leave you my personal experience, a couple of years ago I invested all my digital assets in a couple of coins specifically Dodge and Shiba, blinded by the brightness of these digital coins and the desire to earn good money fast, There was or there is a program on a US television station called Saturday night, that day was as a presenter Elon Must and had been strongly speculated in social networks that Elon would make a very important announcement that would make the Dodge and Shiba shoot its price strongly, the program arrived and already past two in the morning Elon did not make any announcement on the subject, it dawned and the price of these coins had plummeted, I lost a significant part of my digital assets that from 4 figures went to have 3, now I can tell you what I think about the meme Coin, They are highly speculative and volatile coins that are not backed by any serious project of the blockchain, i.e. they are not backed by solid underlying projects with real world use cases, for example the Dodge arises as a joke, it was the birthday gift for a girl, coin with the name and figure of her pet, its price is unpredictable that depends on announcements on social networks with the backing of certain celebrities, when the news ceases to have effect , the whales take out what was invested and the price drops drastically, I believe that if you can make some money with them, but you must be very aware of their price and know when to take out your investment, I do NOT recommend betting long term on meme coins, instead I consider more appropriate to invest in serious coins with good projects behind them such as the BNB, is the utility token of the king of exchanges BInance, a successful project. The moral of the matter and what I am getting at is that as the saying goes Not all that glitters is gold.

#MemeCoin People have asked me what I think about meme coin, if it is good to invest in them?

I usually don't give financial advice, but I do like to give my personal opinion. first I want to leave you my personal experience, a couple of years ago I invested all my digital assets in a couple of coins specifically Dodge and Shiba, blinded by the brightness of these digital coins and the desire to earn good money fast, There was or there is a program on a US television station called Saturday night, that day was as a presenter Elon Must and had been strongly speculated in social networks that Elon would make a very important announcement that would make the Dodge and Shiba shoot its price strongly, the program arrived and already past two in the morning Elon did not make any announcement on the subject, it dawned and the price of these coins had plummeted, I lost a significant part of my digital assets that from 4 figures went to have 3, now I can tell you what I think about the meme Coin, They are highly speculative and volatile coins that are not backed by any serious project of the blockchain, i.e. they are not backed by solid underlying projects with real world use cases, for example the Dodge arises as a joke, it was the birthday gift for a girl, coin with the name and figure of her pet, its price is unpredictable that depends on announcements on social networks with the backing of certain celebrities, when the news ceases to have effect , the whales take out what was invested and the price drops drastically, I believe that if you can make some money with them, but you must be very aware of their price and know when to take out your investment, I do NOT recommend betting long term on meme coins, instead I consider more appropriate to invest in serious coins with good projects behind them such as the BNB, is the utility token of the king of exchanges BInance, a successful project. The moral of the matter and what I am getting at is that as the saying goes Not all that glitters is gold.

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