If this is what your portfolio looks like ,then you are getting it all wrong ❌❌❌❌
Investment 1 - $WIF
Investment 2 - $PEPE
Investment 3 - $MEME
Investment 4- $DOGE
Investment 5 - $SHIB
Investment 6 - $BONK
This is what a lot of people , especially newbies invest all their capital into
MEME coins are good 💯
MEME coins are the fastest and easiest way to go from $100 to $1000 In cryptocurrency
MEME coins are also the easiest and fastest way to go from $100 - $3.8 within 2 hours in cryptocurrency
As a crypto trader and investor learn and practice diversification
MEME coins are too volatile and easily manipulated
A few days ago (Saturday) I saw a group of “X” influencers promote and shill a meme coin to their followers, this meme coin went from $186K market cap to over $1.5M market cap within 12 hours
After getting to $1.5M market cap , the Same meme coin dumped down to $389K market Cap.
All these happened within 24 hours , at this point, after the dump, the supposedly paid influencers stopped posting and promoting the meme coin .
Guess what?
They have made a lot of profits and have used their followers as exit liquidity
Please, do not build a portfolio that is completely made up of meme coins , or 80% - 90% of your holdings/portfolio are meme coins.
Instead , do this
Go for Solid project with low market Cap
Invest 20% - 30% of your capital into meme coins
Invest 30% - %65of your capital into low market Cap Gems
Invest the remaining percentage into Top projects like Solana , Ethereum and many more.
We hope you found this helpful,educative and entertaining
If you find this Educative, please support us by giving a like ,Share and Follow, doing this would help us grow together on Binance Square
