But for those who are willing to take the time to educate themselves about an emerging, multi-use-case asset class, (and to “hold on for dear life”) it just might be one of the most financially rewarding investments you’ll ever make.
I always try to tell people this, I would choose this pattern a 100 times over investing in meme coins with no actual use, but what do I know, meme coins were blowing up and taking over the entire space, but look at them now that market is taking a beating....but what do I know
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Totally agree - the memecoin appeals to the "trader" mentality - they're looking for the short-term market moves, the big pumps and can make short-term money on the ups or the downs. I just don't have time to stare at the markets like that, so I'm more into just buying and hodling for the long term. :)
Memecoins (and the other word they're known by) in 2021 have more value that Pets.com and its sock puppet hypeman from the Dot-Com boom. They have their place, but it's too exhausting trying to figure out which ones can follow the trail blazed by Dogecoin.
Cryptocurrencies (and their respective blockchains) with multiple use cases will lead the way and offer value to everyone. As for memecoins, whichever ones survive the unavoidable culling which tends to be their fate can be rehabilitated if they evolve to become multiple use case cryptos.
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Well said, exactly my thoughts as well
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