ARE MEMECOINS DANGEROUS?

In general theory, any type of investment is considered a risk as long as the percentage of loss is not assumed. Now let's get to the real thing, cryptocurrencies tend to be riskier since they have incredible volatility; It may go up and not stop, just as it may go down and not stop. It all depends on several factors that act on the specific project that the cryptocurrency is based on.

Now, memecoins are cryptocurrencies that, although it is true, are a meme or based on a meme that, with time and popularity, become ups and downs. Obviously memes go out of fashion and they come out more and more... This is where their popularity begins to reduce. That is why memecoins are dangerous and at high risk. So if you are going to invest in these cryptocurrencies you have to have a high knowledge of them. By this I don't mean that I am a professional investor and that you don't buy crypto.

Now Erchivoo recommends investing but healthily, that is, you can invest what you know you are not going to lose. It's not that you are going to pawn your house or anything of value to end up on the street because you want to invest.

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