#BSCTrendingCoins
Yi He explains the appeal of memecoin and shares insights on Crypto investment
The powerful figure from Binance believes that memes have transcended cultural boundaries to become a story that everyone understands. Memecoins do not follow trends but create them, with Dogecoin as a testament.
From an investment perspective, Yi He does not choose short-term speculation but opts for long-term investment because the market has many projects valued 'in the sky', but over time, true value will reveal itself.
Below are some investment principles suggested by Yi He:
1️⃣Make money from cycles: seize economic cycles, sell during the upward cycle and buy during the downward cycle.
2️⃣Invest in industry leaders: always adhere to the principle of investing in top-tier assets.
3️⃣Allocate assets wisely: at least 20% of assets should be allocated to crypto.
4️⃣Be cautious with leverage: do not use more than 10% of assets that can be lost when investing in risky tokens or leverage.
5️⃣Reality is the key: everyone knows this principle, but whether to follow it or not is another matter.