If you’re buying meme coins in hope of striking it rich, you’re not investing, you’re gambling.

It’s easy to get caught up in the “buying crypto is investing in your future” mindset that’s often repeated here and convince yourself that you’re making wise financial decisions with any crypto purchase you make.

I come from a family of gambling addicts and I’m very aware of the tricks they play, often on themselves, to convince themselves or others that they’re not actually gambling. “This is my entertainment” is an often repeated excuse they tell themselves as they’re transferring money out of their bank a 2nd time. “I’ve put in so much time that statistically I’m bound to win at any moment” is another lie they tell themselves. These are all signs of gambling addiction and I see it everywhere here. Just because you’re buying crypto does not mean it’s not gambling.

Please try to think objectively about what you’re doing and don’t let yourself lie to yourself.