Not all memecoins are completely "useless". In some cases, you can make better profits from memecoins. If you plan a strict exit plan with early entry and zero emotion, you can make more profits in a short time.
Well said. Not all of them are useless, some Memecoins can be profitable and I think they are very profitable that's why there a whole lot of them and people are always purchasing them but just as you said you can't just just dive into them aimlessly, you must thoroughly plan your entry and exit if you want to make the best of it. Going in early with no emotions and planning for a short time stay because most Memecoins lose their value easily with time.
Not all are useless, but almost all are useless. I don’t think when they call a coin a useless coin, then everything is just about making profits. People might be making profits from a coin, and it’s still going to be tagged as a useless coin. Just imagine that a coin doesn’t have any use case, then the coin will be tagged as a useless coin even if people are making money, then it’s going to be temporary, because the coin won’t stay long before the price will be crashed. People you see that do lose money after investing or trading meme coins, you should know that they are always putting things in place, but at the end things don’t just work out.
Not all are useless and I think most are quite profitable it just depends on which you decide to go for and how well you carry out research on them. It's difficult for a coin to have the qualities of Bitcoin so I don't really expect Memecoins to behave like Bitcoin. We should accept that they are valuable only for a short period of time. We have seen how people make money from Memecoins so you can't tag them to be useless because it didn't work out well some people.
