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Topic: Are meme tokens dangerous or moon - page 4. (Read 3060 times)

full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
July 20, 2021, 10:57:46 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.
Well i dont see the any reasons that could explain that meme tokens are going to the moon. The last pump is only because the tweet from someone famous like elon musk. There is no value behind it and even vitalik butterin just happily sell it and make it dump so hard. I do believe many meme coin are useless and you should not invest on it cause it pretty dangerous, most meme coin have an anonymous developer which i dont think good cause they might be run away and also not credible enough to take as a reason to buy the meme coin.
full member
Activity: 680
Merit: 103
July 20, 2021, 03:32:30 PM
DOGE, SHIB and now another meme coin. I don't think JSHIBA will works as good as doge or shib, right now it's kinda ridiculous most people think they can be rich just over one night to invest on this meme coin like this.


Everything depends on advertisements and marketing campaigns. If another Elon Musk plugs JSHIBA or any other shitcoins, it will increase by 100 times easily, so no problem for people to become rich in just one night by investing in meme coins like this. I am not against meme coins for fast speculations, but when it is for a small sum of money. But as soon as hype ends they will die,so the most important thing is not to be very greedy.
full member
Activity: 854
Merit: 102
July 15, 2021, 02:01:30 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.

Don't talk too much about what we do. This kind of token does not need to be developed, because it drains too much energy. Just keep the existing one well. Because Shiba hasn't certainly gone well ahead, and you've used another word with the name Shiba.
member
Activity: 672
Merit: 10
July 15, 2021, 11:11:23 AM
Until now I'm not interested in any meme coins, maybe DOGE has shown growth but in it there is a game and manipulation from an Elon and it irritates me, the risk of meme coins I still can't accept, I'd better choose definite coins over meme coins .
full member
Activity: 854
Merit: 100
July 03, 2021, 06:21:30 AM
DOGE, SHIB and now another meme coin. I don't think JSHIBA will works as good as doge or shib, right now it's kinda ridiculous most people think they can be rich just over one night to invest on this meme coin like this.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
July 02, 2021, 11:36:55 AM
Testing is really necessary because it is very useful, but the results will certainly not always be the same at other times because DIVI is also a coin whose price can go up and down like the others.
And testing like this is very not recommended for newbies. But in fact, precisely newbies are those who are trapped with the hype of meme coins so far.  Shocked
The price will change very drastically only in a short time, and once we miss the moment, we may not get the right moment again to sell the tokens. And then, we lose our money.
That is why this is very risky.
But, if we are already very familiar with the cycle of this kind of coin on the market, we may utilize that small chance to get big profits in a short time.
legendary
Activity: 2226
Merit: 1086
duelbits.com
July 01, 2021, 06:59:42 PM
shit token always dangerous. and meme token like shit so it is clearly dangerous.
Agree. Even if many people ever gained millions of dollars from meme tokens, it is always dangerous to invest in. They may be just lucky in the previous attempts, but they may get a different result in the next attempts. Since we are not in an uptrend anymore, it is very risky to invest in meme tokens. I am not sure if many people can gain big profits from meme tokens anymore in the current downtrend. I see the hype of meme tokens isn't as popular as in the bullish days. So, be careful on meme tokens! You are better to keep your money in USDT than risk your money in meme tokens.

full member
Activity: 1190
Merit: 117
July 01, 2021, 06:31:37 PM
A lot of depends from the liquidity of the coins, to have a good liquidity listing is necessary and news like that https://twitter.com/100XCoin_/status/1407692410738577408
There are a lot of meme coins now because they are popular and hype is around them, but the price of meme coins depends on their popularity and the number of people who use coins, so it is very important to sell meme coins.
With bitcoin turning bearish meme coins are no longer pumping, I guess that means the hype is over the bubble has finally popped and so many people have become rekt by the meme shitcoins, because they invested in a meme coin with no use case and was expecting over 1000% in return, it's really funny how most people joke around with their hard earned money, meme coins aren't worth buying or investing in them.
doge momentum now has gone and less investors will speculate their money again into this game. Much investors trapped in elon musk tweet and loss huge amount of it. traders or investors that playing their money into shilling game and didnt make proper analisys will get their risk. By this experience, now we should think twice before we decided to buy meme coin.

What Elon Musk has done by manipulating the price of meme coins is a valuable lesson for all of us. We should not be trapped for the second
time by investing in meme coins and end up experiencing losses. So for me investing in meme coins should be avoided and very dangerous
if it doesn't come out at the right time. It is better to choose investments in coins that are safe and worth buying, so it is important that we have
good analytical skills. In order not to be wrong in choosing coins for investment.
full member
Activity: 1130
Merit: 133
July 01, 2021, 06:25:00 PM

A lot of depends from the liquidity of the coins, to have a good liquidity listing is necessary and news like that https://twitter.com/100XCoin_/status/1407692410738577408

There are a lot of meme coins now because they are popular and hype is around them, but the price of meme coins depends on their popularity and the number of people who use coins, so it is very important to sell meme coins.
With bitcoin turning bearish meme coins are no longer pumping, I guess that means the hype is over the bubble has finally popped and so many people have become rekt by the meme shitcoins, because they invested in a meme coin with no use case and was expecting over 1000% in return, it's really funny how most people joke around with their hard earned money, meme coins aren't worth buying or investing in them.
doge momentum now has gone and less investors will speculate their money again into this game. Much investors trapped in elon musk tweet and loss huge amount of it. traders or investors that playing their money into shilling game and didnt make proper analisys will get their risk. By this experience, now we should think twice before we decided to buy meme coin.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
July 01, 2021, 12:01:46 AM
shit token always dangerous. and meme token like shit so it is clearly dangerous. But Elon Musk has raised the value of 2 meme tokens through some tweets. This does not mean that all meme tokens will go to moon.
jr. member
Activity: 184
Merit: 1
June 30, 2021, 10:52:35 AM

A lot of depends from the liquidity of the coins, to have a good liquidity listing is necessary and news like that https://twitter.com/100XCoin_/status/1407692410738577408

There are a lot of meme coins now because they are popular and hype is around them, but the price of meme coins depends on their popularity and the number of people who use coins, so it is very important to sell meme coins.

The popularity of me coins largely depended on the hype around me coins, and now the hype is over, so it is important to continue developing the project to show its true value.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
June 29, 2021, 06:59:21 PM
-snip-
Indeed.
Actually that we are professional traders and have really understood the mechanism of the new tokens that are newly listed.
But personally, if we are newbies and also not really familiar with this, better to ignore it. I am also not really interested to get this because this is too risky.
Let's be more realistic, better to put our money in something that we can afford than putting money in something that we really newly don't know and moreover only follow the FOMO or the hype. This is really bad and not secure enough.
sr. member
Activity: 1792
Merit: 264
June 29, 2021, 06:13:44 PM
most people already know meme coin became popular because of the strong support from big businessmen for Dogecoin so it can increase its popularity because after the entry of people who have great influence, the associated coin price can increase significantly.  This is widely used by several people so that it can create other meme coins.  and I think the level of risk is much greater if we invest in it because meme coins are very easily influenced by big players so the price can be easily manipulated
sr. member
Activity: 2436
Merit: 343
June 29, 2021, 05:41:40 PM
I don't like to draw a conclusion as not all meme coins could be bad as shitcoins but honestly, I don't have the trust that they will stay longer in the market and make moon again as the bullish season has been done already. Many are thinking it will become dead someday, I hope not, however, it can't be denied that most of these projects have no working products and not listed to reputable exchanges this means that there are not safe and they will be ignored by the investors. If that so happens, a bigger chance that they will be dead.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 29, 2021, 04:56:03 PM
They're done with the moon and all you've got to do is to find another crypto that you'll be safe and that's none other than BTC. People are too serious with the meme tokens and thinking that they'll moon forever. No way, this is cryptocurrencies and all of them are just ways to accumulate bitcoin so if you've earned with meme tokens then you have to accumulate bitcoin with your profit you've made trading it.
sr. member
Activity: 980
Merit: 250
June 29, 2021, 04:17:27 PM
be wise with your investment in meme coins, you have to understand the risk that may occur someday with this type of coin. As we know Meme coins have no utility at all, it used just for fun purpose actually. Meme coin be trend due elon's tweet and he continuesly shill it.  It could be very dangerous if we dont prepare worst scenario that will happen , but it could be profitable if we buy on right time.
full member
Activity: 896
Merit: 108
June 29, 2021, 01:59:51 PM
every coin is dangerous but not as dangerous as this meme coin because it has no use case, they mostly pump by fake news or some kind of publicity stunt, saying they are being advertised, sometimes announce by popular people, but it's just to lure people who don't understand clearly what they are doing, that is why they get scam.
when there is no real function and only rely on hype and influencer influence, it will not last long. The risk is high because the price movement is really difficult to predict. This kind of coin is not suitable for the long term, if you want to get involved then you should use it for the short term only. even though it is high risk but can still be used, make sure to understand the state of the market, don't be greedy and get out immediately even if the profit is small.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 29, 2021, 11:32:01 AM
Investing in cryptocurrencies is a risky thing for investors, that is why most investors quote is invest what you afford to lose so that whether something happens to the coins that you've invests affects nothing to you.

You should be held liable to any action that you take while inside this venue of investment, it's a must that you fully understand each ground of your chosen venue for you to decide the right way.

Quote
When we say meme coins, these coins doesn't have any use for so it has a bigger risk than other coins like bitcoin or ethereum which have utility and quality.

No actual usable contributions and mostly being created for a simple reason, act as a tool for pump and dump assets, you are adding  more

risk when you decide buying this coin, though there are good opportunities if you know the drill well, and you afford to buy while the price still cheap or before the pump  take place and sell it out when the incoming dump is nearing.
sr. member
Activity: 1106
Merit: 310
June 29, 2021, 10:09:45 AM
every coin is dangerous but not as dangerous as this meme coin because it has no use case, they mostly pump by fake news or some kind of publicity stunt, saying they are being advertised, sometimes announce by popular people, but it's just to lure people who don't understand clearly what they are doing, that is why they get scam.
member
Activity: 770
Merit: 12
Trphy.io
June 29, 2021, 09:38:18 AM
Investing in cryptocurrencies is a risky thing for investors, that is why most investors quote is invest what you afford to lose so that whether something happens to the coins that you've invests affects nothing to you. When we say meme coins, these coins doesn't have any use for so it has a bigger risk than other coins like bitcoin or ethereum which have utility and quality.
Yes, because the use or function of a coin other than as an investment vehicle can also be used in other transactions, this is also a factor in assessing the quality of a coin, it will be useless if we waste time just to pay attention to a meme coin that has very little use
most of the meme coins are as you described, but sometimes meme coins are manipulated fantastically up to thousands of percent, although after that it will drop back down, but I think it is very difficult to find which coins to pump, because it seems like a luck if we have one
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