It's definitely a good lesson to think about. Take profits when you can because the markets are very volatile. You have to be careful about what you end up doing and a lot of different tokens act differently. Personally, I think avoiding meme coins and focusing on core cryptos with solid value is better than gambling.
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Unless you have some money to gamble with, avoiding meme coin is a premium thing to do, even if it can potentially make millions for you, that is if you actually choose the right meme coin which is almost like a really difficult thing to do.