Everyone beware of Meme Coin Investment! Why Meme Coin Long-Time Hold is not profitable?

in Tron Fan Club5 months ago

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Assalamu Alaikum

how are you all Hope everyone is doing well, Today I will talk about Meme Coin, many people think that if you invest in Meme Coin, you can get rich very easily, because Meme Coin means that you can buy many coins for a few dollars. The first Meme Coin is Doge, ever since Doge started getting success, new Meme Coins have been launched in the market. However, Shiba created hype after Doge Coin.

Many analysts analyze and say that Shiva coin will hit $0.01 in the future, and Doge coin will hit $3 in the future, even analyzing more new meme coins, I think meme coins are only good for short time entry.

Doge is the big pump which hit about $0.73. At that time, a meme coin trend started in the market right when Shiba Inu was launched! Create a huge hype after the market launch, then everyone believes that Shiba will hit $0.01, so many Investors hold a lot of Shiba Inu for a long time at High Price at that time.
I myself hold about $0.00004 about 1Million Shiba just to hold for a long time, but I also faced a lot of losses, and even though I did not hold much, later sold all the Shiba at a loss, after a few months I bought 1M shiba at the same price. I did, 4Million+ Coin can be bought with that amount,
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No one should hold for long time thinking that Shiba will hit $0.01.
shiba will never hit $0.01,
Let's see how far Shiba has to go if he hits $0.01.

Currently Shiba INU Marketcap is $7.84 Billion, If Shiba INU is $0.001 then Shiba Inu Marketcap will be approximately $750Billion, which is currently Double Ethereum's MarketCap! And for those who still think Shiva INU will hit $0.01, just think how much its market cap will go? How many trillion dollars?

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[Screenshot By Mobile Phone]

According to Yahoo Finance, if Shiba INU hits $0.01, its market cap will be $5.9 trillion.
-Source Yahoo Finance

So I think Shiva Inu can be taken only for short time entry, apart from Shiba, Doge, Pepe, Floki, Bonk have dropped these coins in the market. To be! If you download it, you can download it again.
A lot of Meme Coins are coming in the market day by day,
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But if these coins can be bought as soon as they come to the market, then there is a possibility of getting a huge profit from this meme coin, for example, first the meme coins come to the small market, then you can use the time when the hype is created as soon as the listing announcement is received in the big market. ,
There is no hype after listing in the market, but day after day it continues to decline.
Meme means laughter, I think for long-time hold, everyone should stay away from this meme coin.
If someone wants to invest in coins for long term then I would say choose Top 5 ALT Coins,

Warning-
Crypto Currency Market is very risky,
If you are a new investor, be sure to know and then invest, everyone be well, I'm finishing here today, everyone be well!
Allah-Hafez,

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Good explained. Go ahead. Best of luck.

Thank you

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Actually you have published a very nice comment. It is never a good rule of thumb to keep a coin forever. In fact, we should always be on guard against this. Thank you and hope you benefit from this in the future.

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Meme Coins are always a cheat trap except for certain Meme Coins.

I agree

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Well anyone investing in them should be prepared to won or lose, since they can be unpredictable

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