#MyExperience
Hello to everyone reading this post, whether you interacted or not ❤️
Today, I share with you my personal experience in trading on the Solana network #SOL. I do not criticize anyone; I just convey what I have experienced myself.
I was trading on the Solana network, and I was making some profits from meme coins.
I remember once I entered a dog coin with $50, and it went up to over $1000 (×20), but I got greedy and didn't sell... In the end, the price dropped, and I only came out with $150.
And even though I made some profits sometimes, the losses were bigger.
You earn $10 today, and lose $50 tomorrow.
And the worst? The high network fees make things harder for beginners and those with small capital.
In summary, I am not saying there are no opportunities on Solana, but the risk is greater than the opportunity, especially for those starting with small amounts.
Honestly, I see that meme coins on the Solana network are a money burner 🔥
That’s why I decided to switch to the #BNB network — with a lot of caution.
Recently, I have started to lean more towards long-term investment, although there is risk in that too, like what happened with the #KDA coin. May God compensate everyone who lost 🙏