Value investment is in vain, and you live in the palace by all-in MEME?
Recently, the market trend is all on MEME, because there are too many "legends" or "friends" who have made money on MEME; plus the so-called "value coins" have performed too badly; "VC coins" have suffered heavy losses due to high valuation and low circulation, and retail investors have taken over; all these reasons have caused everyone to turn their attention to MEME.
Is MEME really a good choice for retail investors? I think for most people, it is not. Of course, if you have a reliable Alpha information source; rich on-chain experience; enough tools (various bots); good trading discipline; plus a strong shouting matrix, then of course you have to play, and you must play.
Why do I say that most MEMEs are not suitable for most people:
1 There are countless MEMEs issued every day, and most of them have a life cycle of no more than one day. The essence is all in PVP. Why do you think you can beat others?
2 Most of the MEMEs you can see are widely spread currencies. The cost of your participation is much higher than that of those who just started. From the perspective of cost, your odds are low.
3 The situation on the chain is becoming more and more complicated. There are not only various honey badgers, clamps, and preemptive runs, but even MEME disks that specialize in cutting BOTs.
4 You bought the golden dog by chance, but because you don’t have good trading discipline, you surrender your chips with the violent fluctuations, and flee with a small profit.
Then can MEME be played? Of course you can!
After all, BITCOIN, the foundation of blockchain, is the largest MEME. There will definitely be many people who disagree with this statement, but if you look back at the development history of BITCOIN, you will find that the point-to-point electronic currency trading system mentioned in the white paper has not been widely popularized, but has become the concept of "digital gold" for value storage. This simplest consensus is the easiest to be remembered and spread by everyone.
So how to choose MEME?
1 The cost must be low enough, that is, the FDV cannot be too large
2 There must be cultural attributes, similar to the provision of emotional value
3 The community is strong enough, or at least firm enough
4 It is best to have narrative innovation
5 The dealer is rich enough, and you can take advantage of it
Are there very few coins that meet all these conditions at the same time?Less is better. How can there be so many opportunities to get rich quickly? But there must be hope, otherwise, won’t you become a salted fish?
