Are meme tokens dangerous or moon - page 2.

kramchers

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Quote from: jomonshiba on June 15, 2021, 02:49:17 PM

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

Certainly, these meme coins are really obviously dangerous, unless you know how to ride in the trend. But if not, danger or risk will enter unto it once you decide to invest into any meme coins. That is why doing your own research is very important here as one of the member in the forum.

techearn17

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meme Tokens may be pumped of some of these tokens But in a short time, most of the tokens will be gone I prefer a project that has come to solve something Investing in the rest of the meme tokens would be dangerous They have no future I'm sure we'll see meme tokens in our wallets, but we've got them after some research. So if you get a meme token, you must first check the white papers and the team.

Surmount

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Many people actually interested in meme coins because as you know it resembles gambling so much and people interested because they think they could make money from it while in reality meme coin is like the place for people who are greedy to lose money, many people think they gonna repeat the same history like what happened to doge but new meme coins have really little chance of making that pump happen to their coin that's why the volume is high with these meme coins.

Gotta agree. Meme tokens are a get-rich-quick scheme and it'll be a great day when people stop pumping memes trying to get rich off of them.

mrongos

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meme coin has a very high risk and it's better you can buy another coin that has a smaller risk, indeed a lot you will get at memecoin but you also have to know that price movements are unpredictable and can collapse instantly without your knowledge.

smartaction

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Quote from: jomonshiba on June 15, 2021, 02:49:17 PM

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

Meme token now like Dangerous. Due to Elon Musk tweets, these have worked like hype for some time. But it did not last long. These are going back to the previous position again. And many people suffered financially by following these coin

dhemasm

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Quote from: Meta anggraini on July 22, 2021, 06:42:03 PM

I have no idea why meme token like this still have big trade volume, are they really want to gamble for the price or what?
Because i dont see any useful thing can be done by its token.

It's because social media shilling, Buy the rumour and sell the news. For the example where you can see where Elon mention Shiba and the price goes up almost 100% and most of them come from new people. Beside that there is no real purpose on some meme coin, Just pure speculative currency, It's not good for long term but you can try it for short term, Cheers!

Shasha80

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Quote from: BigBos on July 21, 2021, 03:05:10 AM

Quote from: Shasha80 on July 21, 2021, 02:49:33 AM

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Meme tokens are dangerous the only can who benefits is the scammers.. They hold 90% of the token which they can dump and exit. It is really dangerous to invest in my opinion. Now you created a meme token I don't think people will interested it.. This down market it is impossible that your meme token will go to the moon.

I also think investing in meme tokens is dangerous, especially since the current market situation is very bad. So if we force buying meme tokens,
what we have we will experience a loss, it is possible that the price of meme tokens will continue to fall if the market has not recovered. After all,
meme tokens are often used by whales to pump and dump, meaning it is very dangerous when we buy meme tokens and sell them too late.
The price of meme tokens will fall even more and it will be difficult to get up again. For now, it's best to avoid investing in meme tokens.

yeah, i think so too. it's just, even though people know it's dangerous, because of the fast up and down movement, I think a lot of people are trying to take advantage of that moment, even though they know that it's very risky and also dangerous. So far, I have avoided investing in meme coin for a long time.

I'm glad you have the same opinion as me, because the movement of meme coins is difficult to predict. Indeed, there are some people who managed
to get big profits from the rapidly rising and falling prices of meme coins. But compared to people who failed and lost a lot of money by investing
in meme coins, it was much more. Knowing this, we can conclude that investing in meme coins is indeed very risky and dangerous.

haidil

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Quote from: Alucard1 on July 21, 2021, 02:40:38 PM

Still depends on what coin are you investing, there are so many meme tokens now existing in the CoinMarketCap and there are so many newly created meme coins every day and most of them are scam so be careful on investing on all of those, always make sure to have research first before you choose a coin to invest to. Always invest what you can afford to lose and invest only in the coin with the use case.

it's true that we have to be really careful in choosing coins, but for meme coins I think it's too high risk because coins like this have a guessed system and only look at pumps and dumps, nothing more.
it's like gambling and if we guess the meme coin correctly and it is pumped in a short time it will go to the moon but if we choose the wrong coin your money will disappear.
I do not forbid to invest here but I think the risk is very high in coins like this and can only wait and hope the coins are pumped

monineklutak

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Quote from: Refrumatrix on July 22, 2021, 04:29:41 AM

I've seen people made millions from meme coins but all I can say is it's based on pure luck, meme coins are pump/dump projects so you will need more than luck here, make sure you know when to buy and when to sell your tokens, meme coins are shit coins from my own perspective

That's how meme coins are, other than that meme coins are not recommended for long-term investments because the risk of losing money is very large,
so we have to be smart in managing meme coins both when selling or buying in order to make a profit

Devifajarina

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Quote from: jomonshiba on June 15, 2021, 02:49:17 PM

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

I've tried to find out about this coin, what I got was really amazing, this coin has good potential in the next year, I'm interested in joining this Shiba coin investment, I'm waiting for good signs and steps in Shiba.

If indeed Shiba is able to provide something better next year, I'm sure more and more people will be interested in this coin, and when everyone puts their trust in them, it is certain that this coin will be the choice in the future.

I want to discuss further with you about this shiba coin, maybe on another occasion we can provide input and suggestions for each other, considering the potential and the market is very good for this one coin.

cliber

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Quote from: inanilujimi on July 22, 2021, 03:02:30 AM

meme tokens are dangerous if you invest at their highest price, once they fall it will be difficult to return to ATH, and very profitable if you know more about meme tokens from the start before being listed on coiningecko and coinmartcap.

It's also true what you said, if you invest in meme coins with high prices, we will most likely lose, usually meme coins can't go up massively with high numbers, they are more likely to survive and have difficulty rising at high prices, if we decide to invest in meme coin, you have to pay attention to the graph and the increase in the bargaining value of this coin, so that we can properly analyze the coin we want to invest.

If not, then our investment is meaningless, it's just a waste of time without producing anything, then investing in coin memes requires proper analysis and mapping, so that what we do does not become a burden in the future.

cliber

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Quote from: jomonshiba on June 15, 2021, 02:49:17 PM

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

I am interested in this one coin "Shiba". This coin has a good value in the future, after I studied it several times and tried to analyze it carefully, this coin has a stable movement, it doesn't go up so fast and go down at the same time.

Meme coin has its own advantages for beginners in the crypto world, meaning that this coin provides an opportunity for beginners to learn how to invest, the risks arising from investing in meme coins are also very small, if people experience losses it is not so big and not so impactful.

I want to know more about coin memes and good patterns for investing, would be very happy if I was involved in this discussion, considering that I need so many reasons to discuss with anyone, so that in the future I have good experience in the crypto world, especially in the meme coin field.

It's good that each of our discussions there is a formula that can be taken to be practiced in investing, if the mix is complete and clear we are not so worried about the obstacles that will occur in the future, once again thank you very much for the discussion and I am waiting for the next discussion

Alucard1

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Still depends on what coin are you investing, there are so many meme tokens now existing in the CoinMarketCap and there are so many newly created meme coins every day and most of them are scam so be careful on investing on all of those, always make sure to have research first before you choose a coin to invest to. Always invest what you can afford to lose and invest only in the coin with the use case.

Beparanf

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Quote from: Refrumatrix on July 22, 2021, 04:29:41 AM

I've seen people made millions from meme coins but all I can say is it's based on pure luck, meme coins are pump/dump projects so you will need more than luck here, make sure you know when to buy and when to sell your tokens, meme coins are shit coins from my own perspective

Compared to the number of people getting rekt by memecoin, People who earn massive profit on this shit token are very few and not over 2% because the real person who got profit are those belong to the developer team and early investor that doing rug pull once the token discover and many dumb investors FOMO after the price pump x100 above. If only people analyze first the tokenomics and utility of this kind of token, No one will ever buy on this coin.

Refrumatrix

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I've seen people made millions from meme coins but all I can say is it's based on pure luck, meme coins are pump/dump projects so you will need more than luck here, make sure you know when to buy and when to sell your tokens, meme coins are shit coins from my own perspective

imran101

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I've been trying to say for a long time that no one invests in meme tokens. The faster these tokens go up, the faster their price goes down. Everyone should stay away from such tokens

inanilujimi

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meme tokens are dangerous if you invest at their highest price, once they fall it will be difficult to return to ATH, and very profitable if you know more about meme tokens from the start before being listed on coiningecko and coinmartcap.

TastyChillySauce00

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Quote from: rahmathidayat93 on July 21, 2021, 02:44:10 PM

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MEME is suitable for short time investing because new meme coins will come to any market.

Yes, but meme coins are much more risky in the long run, so for those who are late to follow the trend of meme coins will always be at a loss, so there is no need to consider meme coins to own them even in a very short time

Meme coin is always and will always be about who get in first and who go out at the right time. It was never about a project that could generate profit to make the coin more valuable but the price always based on timing and speculation. I always against a coin like that, a project with good product is what im always looking for, thats a project that could solves humanity problems while could also make its coin more valuable so the token not become a useless token but instead have utility.

Lexurdania

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Quote from: leetcoiner on July 21, 2021, 05:53:58 PM

Complete nonsense. It annoys me that the crypto market has reached the point that completely useless coins have weight and are bought by people.
This is pure speculation and nothing more. Blockchain is primarily a technology, and we have coins that are actually nothing at all.

At this moment meme coin have no usage or utility at all and it should categorize as shitcoin. No matter if it called as speculation assets but doge coin as exisiting coins still survive till now and it give profits for some traders. Our reason was generate profits from market , if we see it in anycoins we could take it .

tabas

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Quote from: leetcoiner on July 21, 2021, 05:53:58 PM

Complete nonsense. It annoys me that the crypto market has reached the point that completely useless coins have weight and are bought by people.
This is pure speculation and nothing more. Blockchain is primarily a technology, and we have coins that are actually nothing at all.

It's because of the hype and media that they get to see. It's easy to advertise projects today and the more budget they got for marketing, the more chance that they'll be bought by the people.
Those people that even no knowledge about cryptocurrencies, upon looking at their ad. They'll be moved and feel that they should buy it so that they will get a secured profit before it goes down and out of sale.

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