CZ: Meme traders need to develop their own trading strategies, and Meme coins must have a strong cultural attribute to achieve long-term development.

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On February 12th, CEX founder CZ stated during an AMA: I’m not a very skilled Meme trader. I don’t know what strategies the truly profitable Meme traders are using. However, if you buy all the Meme coins that people have made based on my tweets, I can guarantee you will lose money. I think that’s pretty certain. People might take this statement and twist it in the wrong direction. But what I want to say is: if you are a Meme trader, you must develop your own strategy. I don’t know which strategies are correct either. But I believe that for Meme coins to last long, they must have a very strong cultural attribute. Look at those that have lasted longer, like Dogecoin, like Floki— they’ve been around for a long time because they have a very loyal community. The newer ones are riskier. So my advice to people is: if you’re not sure what you’re doing, basically, don’t touch it. Unless you really understand, I’m not an expert in this area.

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