i'm with andy. my first trade ever was buying doge on robinhood.
chronically trading memecoins and nothing else is the fast lane on the road to ruin for 99.9% of traders, but trading memecoins *can, potentially,* also be a way for young people develop a mental model for understanding price action, identifying trends, bubbles, and selloffs, and ultimately selling real assets for more than they paid to buy them.
sure, they'll burn through a few hundred bucks learning, but when they get tired of getting rugged on animal coins, a significant proportion of them will have the basic skills and experience necessary to trade better assets, and many of them probably will.
sports betting and traditional gambling do not give you a the same kind of experience that is directly applicable to trading and investing.
Unpopular opinion: Memes are good.
I'm onboarding my middle school friends to fomo with a couple hundred bucks and some of my top picks.
They are f*cking crushing it already and I'm so bulled up on this trend booming vs. losing money on ridiculous odds on sports betting.
Higher.