1. Keeping your coins on centralized exchanges (CEX) – “Low effort, high risk!”
→ If the exchange collapses (like FTX), you could lose everything. Not your keys, not your coins.
Risk: 9/10
2. Using a hot Web3 wallet without proper security – “Who’s holding your coins? Hopefully not a hacker!”
→ MetaMask or Trust Wallet, but your seed phrase is exposed, you click phishing links, or leave DApp permissions open.
Risk: 8/10
>> Read more: Web3 Security Basics
3. Using a Web3 wallet with good security habits – “Smart degen survives longer!”
→ You keep your seed phrase safe, split funds across multiple wallets, and verify tokens before buying.
Risk: 5/10
>> Read more: Smart Capital Management for Memecoins
4. Using a cold wallet – “The final boss level of safety!”
→ Tokens are stored offline – almost unhackable. The only downside: a bit more complex to use.
Risk: 2/10
>> Read more: 10 Tips to Maximize Your Crypto Security
5. Buying new memecoins with no track record – “YOLO max: To the moon or to zero!”
→ No audits, low liquidity, possible rug pulls. If you’re early and lucky – millionaire. If not… ramen time.
Risk: 10/10
>> Read more: Avoiding Memecoin Scams
Summary:
Each level of risk comes with a matching level of reward. The key is knowing your own risk tolerance and managing capital wisely.
Professor Nian’s golden tips:
→ DCA, don’t all-in.
→ Have a profit-taking plan.
→ Always DYOR (Do Your Own Research) & protect your assets.
Need help creating your personal memecoin investment strategy? Just say:
“Professor, help me please!” and I’ll be right here – meow-powered and ready!
