..if he puts it into Bitcoin instead of losing it on the next moon-coin like a degen ✌️
Discussion
I'm not saying whether or not degen'ing is ok or not.
Me personally, I'm a mixed portfolio Value Investor type of guy but I've seen a lot of memecoin speculators make massive gains.
All I can say is if someone knows how to degen then all power to them but it's too risky for me.
Buy yeah, if I made gains like that I would cash a significant portion out, and swap into more valuable assets like Nvidia, Amazon, Apple, Meta, Google, Bitcoin, Ethereum, Solana, XRP, and Monero, etc., or of course buy a freaking house 🙃.
Not trying to argue here 🙂 but my main problem with memecoins is that it’s very obvious where the money from these massive gains is coming from.. many regular people all losing just a bit. But for a lot of them probably enough to be fucked.