We all hear the stories: the teenager who invested $500 in a memecoin and somehow turned it into $100k overnight. It’s exciting, inspiring and makes us feel like we missed out.
But here is the reality nobody talks about, for every story like that, there are hundreds maybe thousands of people who invested $1,000 and are left with $0.10. Some poured in $10,000, only to find they can’t even cash out, because these memecoins often have no liquidity. The coins exist, the charts look pretty, but when it comes time to sell, there is no market to sell into.
This is survivorship bias in action. We focus on the few who “made it,” and completely ignore the countless people who lost. And in crypto, especially in memecoins, the odds are heavily stacked against the average investor.
So, don’t beat yourself up for missing out. The stories you see are the exceptions, not the rule. Investing isn’t about chasing the hype, it’s about understanding risk, liquidity and probability.
Remember: for every $100k memecoin story, there are thousands of $0 stories nobody talks about.