Meme culture is risky

These days a lot of people are talking about various meme coins in market and they are expecting some significant outcome about it if they invest on those coins. I agree The fart that sometime the investing can be much more profitable and people were able to make fortune overnite but that is not this area all the time.

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This market is not different than any other fundamentals are important so if you are investing on a coin which is strong by fundamentals than the probability for investment appreciation is higher. If you invest on the coins that are not strong on the fundamentals then the probability is not really good for the appreciation and it can be a clickbait situation. What I mean to say is that you might make money or you might not which is highly risky.

It is not a place where you can become rich overnight but following the long term strategy and putting the money on the right project or the coin can bring better outcome in terms of profitability. Talking about the meme coins I would say that it is better to stay away rather than investing on those coins however I am not sharing any type of financial advice.

This segment is highly risky and there is no surprise if you lose your capital with such a very high percentage so in my opinion it is a very risky part of the market where are not feeling comfortable to invest.

It is always great to go through the project in details first before deciding that it is good for the investment and invest only when you are comfortable doing that because losing the money is very painful process. I just home that these things should be considered for investment by every individual and we just don't take blind decisions.

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