necessities
--
Bullish
Please, please, please if you are new to investing in cryptocurrency and are doing it on a limited budget, don't waste your money on meme coins hoping to make millions in a day, if you have a few hundred dollars you can establish a great portfolio which earns a little passive income.
Meme coins most often have no infrastructure, they have nothing of value in the real world to offer you for your investment. 100$ of $PEPE might get you 10 million coins (or whatever it is now) but you are buying 10 million peices of garbage in the hope it will one day be huge. How many frog faced bumper stickers is pepe going to have to sell you make you a millionaire?
However, for the same 100$ you could invest in various projects that people have spent time, energy, creativity, and most importantly, a load of money in infrastructure, nurturing coins which need to fail so hard in order to fail, if you buy now, you are bound to make some money on, enough to reinvest in something else.
Examples of this:
$TRX and get about 450 coins. I put 250 euros into this currency, waited 2 years, and raised my portfolio about 2 grand.
$JASMY and get 3750 coins. This project has been hailed as Japan's Bitcoin and is the 1st cryptocurrency to gain full government accreditation in Japan.
XLM and get 250 coins. This coin was created by the same people who created the XRP coin and is supposedly poised to follow somewhat in the footsteps of The creators previous project.
Anyway, the point is, dont be foolish with your investments, especially if you only have a little to get started. See it as a long game and invest wisely. Leave your portfolio and forget about it for a while (3 months or so) see what's happening. The important thing is, before the end of this bull, run cream a little of the profits to reinvest when the market turns bearish.
Meme coins will 100% get some people rich, that is those behind the projects. You have more chance of winning the lottery than getting rich investing small amounts in meme coins.
Happy Hunting!
Meme coins most often have no infrastructure, they have nothing of value in the real world to offer you for your investment. 100$ of $PEPE might get you 10 million coins (or whatever it is now) but you are buying 10 million peices of garbage in the hope it will one day be huge. How many frog faced bumper stickers is pepe going to have to sell you make you a millionaire?
However, for the same 100$ you could invest in various projects that people have spent time, energy, creativity, and most importantly, a load of money in infrastructure, nurturing coins which need to fail so hard in order to fail, if you buy now, you are bound to make some money on, enough to reinvest in something else.
Examples of this:
$TRX and get about 450 coins. I put 250 euros into this currency, waited 2 years, and raised my portfolio about 2 grand.
$JASMY and get 3750 coins. This project has been hailed as Japan's Bitcoin and is the 1st cryptocurrency to gain full government accreditation in Japan.
XLM and get 250 coins. This coin was created by the same people who created the XRP coin and is supposedly poised to follow somewhat in the footsteps of The creators previous project.
Anyway, the point is, dont be foolish with your investments, especially if you only have a little to get started. See it as a long game and invest wisely. Leave your portfolio and forget about it for a while (3 months or so) see what's happening. The important thing is, before the end of this bull, run cream a little of the profits to reinvest when the market turns bearish.
Meme coins will 100% get some people rich, that is those behind the projects. You have more chance of winning the lottery than getting rich investing small amounts in meme coins.
Happy Hunting!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
5
0