Are the older Meme coins a good investment? - page 2.

monineklutak

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Quote from: tabas on July 06, 2021, 05:24:21 PM

Quote from: ?? on ??

Hmm.. Memecoin are for sudden pump and dumb, they have no project around them and no given sign of future development. The only point of them is actually make quick money or lose quickly your money. Play with care on those coins, better put your attention on established crypto.

While the actual holders of it make money because they know that new comers will come in and take the hype. While them, looking at it at the top, they're going to dump it and make the new comers suffer with a lower price from those meme coins that they think will make them rich.
It's needed to make a decision before buying meme coins, old or new, they're all bound to be dumped.

That kind of thing benefits the real holders and if speaking of coin memes it won't last long in the market,
so before buying and investing in coin memes we need to seriously consider,
but after all it comes back to each other's decisions

Kasabus

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Quote from: Sir Legend on July 06, 2021, 11:16:16 PM

Quote from: paramind22 on June 03, 2021, 06:26:50 PM

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalksearch.org/topic/annldoge-litedoge-such-fast-such-stake-wow-proof-of-stake-20-1308769

I know there are many more but not sure about the others that are still around and family friendly.

Unfortunately these 2 coins are not on the market, in my opinion it is too risky to buy older Meme coins, buying new Meme coins is definitely better and more profitable.

The market seems to favor with meme coins nowadays just like dogecoin which was hyped by Elon. But if not Elon, i don't think this meme coin will be profitable for sure. And to think Elon is getting less followers than before, so meme coins won't be hyped anymore and might only stay low valued coins.

Meme coins are definitely very risky to invest, be it old or new. I don't think they will recover again if they got dumped. Not unlike those top coins listed on CMC, they have more chances and have bigger opportunities to grow more in the future. And i honestly think investing in those meme coins is just like gambling your own money.

Sir Legend

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Quote from: paramind22 on June 03, 2021, 06:26:50 PM

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalksearch.org/topic/annldoge-litedoge-such-fast-such-stake-wow-proof-of-stake-20-1308769

I know there are many more but not sure about the others that are still around and family friendly.

Unfortunately these 2 coins are not on the market, in my opinion it is too risky to buy older Meme coins, buying new Meme coins is definitely better and more profitable.

tabas

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Quote from: ?? on ??

Hmm.. Memecoin are for sudden pump and dumb, they have no project around them and no given sign of future development. The only point of them is actually make quick money or lose quickly your money. Play with care on those coins, better put your attention on established crypto.

While the actual holders of it make money because they know that new comers will come in and take the hype. While them, looking at it at the top, they're going to dump it and make the new comers suffer with a lower price from those meme coins that they think will make them rich.
It's needed to make a decision before buying meme coins, old or new, they're all bound to be dumped.

Viscore

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Quote from: Mistafreeze on July 05, 2021, 03:13:30 PM

Quote from: paramind22 on June 03, 2021, 06:26:50 PM

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalksearch.org/topic/annldoge-litedoge-such-fast-such-stake-wow-proof-of-stake-20-1308769

I know there are many more but not sure about the others that are still around and family friendly.

Invest in what you think you can afford to lose not coming to ask question that can be asnwered by you mere looking at it. Investing in old meme coins or generally mere coins whether old or new is risky, what is dangerous is dangerous whether it had existed for long or not. I believe you have a good funds and you don't know where to invest it. Why don't you look for good coins that are just coming up, probably you can go to Binance and look for good coins you might like to invest in rather than going for old meme coins which are very risk.

Honestly, i don't have trust on meme coins either they belong to the old or new meme coins. Their prices might pump but only for temporary and in the end, they will still bound to fall. Why not invest on trusted coins like bitcoin and ethereum or even to some potential altcoins? If i have enough funds for investment, then i will not totally waste on coins that have no clear future and is even risky to invest.

But we all have freedom and that everyone is free where to invest. As long as you only invest what you can afford to lose, then its fine. If we got mistakes, then eventually we will learn from it.

Mistafreeze

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Quote from: paramind22 on June 03, 2021, 06:26:50 PM

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalksearch.org/topic/annldoge-litedoge-such-fast-such-stake-wow-proof-of-stake-20-1308769

I know there are many more but not sure about the others that are still around and family friendly.

Invest in what you think you can afford to lose not coming to ask question that can be asnwered by you mere looking at it. Investing in old meme coins or generally mere coins whether old or new is risky, what is dangerous is dangerous whether it had existed for long or not. I believe you have a good funds and you don't know where to invest it. Why don't you look for good coins that are just coming up, probably you can go to Binance and look for good coins you might like to invest in rather than going for old meme coins which are very risk.

South Park

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Quote from: ?? on ??

Quote from: accounting 181293 on June 30, 2021, 12:36:57 AM

from the start the meme coin grew up relying solely on speculation, and it's not really worth investing in. so whether new or old, both are not worth it. coins like this will just be trash in the future. better invest in coins with higher usage rate.

well, even when we look at dogecoin, I think its price could drop at any moment. well, if there is no interest, I might prefer a coin like BNB to invest. coins that have a clear development I feel are better to hold in the long run.

Which is as it should be, people are just letting hype take decisions for them and this is never right, meme coins may seem like a fun way to invest but people are forgetting that investing is not about getting fun anyone that wants that needs to do something else to get their fun, investing is a serious and for the most part boring business and the only way to thrive in it is to select the best investment option and it is obvious that if I were to be given the choice of investing in dogecoin or the binance coin I will choose the latter in a heartbeat.

Handsome Boy

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no, i would never suggest you to invest in meme coin, because it is very risky and can make you lose your money, so instead of you investing in old meme coin, then i suggest you to invest in old altcoin which has a function (like Ethereum, Binance, Ripple), because the price will definitely continue to increase and of course by investing in these altcoin, then you can get a lot of profit in the future.

Joca97

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Old meme coin are even worst then the new ones. You need to wait for a tweet or some big news from a huge influencer to push the crowd to buying it. Old meme coins have no use and are mostly dust. So i wouldnt advise you to buy this kind of coin if you dont want to lose your money

redsun114

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Quote from: MusaMohamed on July 03, 2021, 08:54:46 AM

Quote from: milewilda on June 30, 2021, 12:59:15 PM

Dont know if you cant just get on how meme coins are being created on the first place? Do you feel out the seriousness of the project when it launched?From the word meme itself then i dont really think that they would really be good enough but we cant deny that when it comes to technical aspects it is really capable off but doesnt mean that it would really be worth when it comes to investment.

They use money to invest like gamble. They think they are investing but they are gambling in fact.

Your questions raise important points about meme tokens. They mostly are created for nothing more than joke, as Dogecoin, and for owner's benefit like 2020 and 2021 meme tokens.

From this, they will end with death. Most of them will.

That's the scary part, some of them actually do make money like in gambling and then they are making a big deal out of it and telling others how they made money and others trust them and make investments into silly meme coins and end up losing money, because in fact those who won at one of them and got lucky usually end up losing all their money in the other tries they have as well, it is just one or two lucky shots that you could make money whereas there are thousands of fake ones that end up being a shitcoin and lose people money.

I do not understand why people keep trying to make money this way, there are perfectly well coins out there and if you could invest into them and be smart about it then you will make a good return from them, maybe not 100x in a day like memecoins "promise" but you could still make a good return that you can't make anywhere else.

MusaMohamed

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Quote from: milewilda on June 30, 2021, 12:59:15 PM

Dont know if you cant just get on how meme coins are being created on the first place? Do you feel out the seriousness of the project when it launched?From the word meme itself then i dont really think that they would really be good enough but we cant deny that when it comes to technical aspects it is really capable off but doesnt mean that it would really be worth when it comes to investment.

They use money to invest like gamble. They think they are investing but they are gambling in fact.

Your questions raise important points about meme tokens. They mostly are created for nothing more than joke, as Dogecoin, and for owner's benefit like 2020 and 2021 meme tokens.

From this, they will end with death. Most of them will.

Quote

To those who had risk out on accumulate Doge before the pump then those decisions made are somewhat mix up with lucky shot.

No one had really expect for these coins to pump out even to those newer meme coins in the market that had done the same.

Dogecoin and meme tokens will have to rely on Bitcoin and market trend. When people already see how fast they can lose with meme tokens since April and May, they will think more when they want to gamble again.

They already learned that market and meme tokens can not rise forever. With market massacre, meme tokens are the most vulnerable and weak cryptocurrency.

jaberwock

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Quote from: accounting 181293 on June 30, 2021, 12:36:57 AM

from the start the meme coin grew up relying solely on speculation, and it's not really worth investing in. so whether new or old, both are not worth it. coins like this will just be trash in the future. better invest in coins with higher usage rate.

well, even when we look at dogecoin, I think its price could drop at any moment. well, if there is no interest, I might prefer a coin like BNB to invest. coins that have a clear development I feel are better to hold in the long run.

Plus the difference between things like eth, bnb, btc and so forth is that they are actually used somewhere, people have a reason to buy them. You can check BNB and the price increase is correlated with when people started to use BSC to create tokens and there is a whole new ecosystem there, when you look at the top 1000 of crypto there are nearly 50 tokens in the BSC right now, which means there is a constant request to buy bnb and spend it on the gas fee as well, that is just the gas fee, all those farms and stakes that going on with BNB is also whole another reason for it to go up.

Same goes for ETH, ever since ICO period started there is a reason to use ETH, people kept buying it and using it like crazy, and in the end we had ETH as second ranked and never dropped after that. Doge is unlike any of them, there is absolutely no reason to buy doge aside from "lol funny coin" and that is not a good enough reason to keep a coin high.

lepbagong

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Quote from: ?? on ??

Dispite the old or new, investing on a meme coins are a bad decision, doge coin will only rise up when someone pump it or someone with power promote it. And there are a lot of meme coin on the market, the chance we invest on the right coin is less than 1%, so it's too risky.

no one can guarantee that what happened to the doge at that time will happen again in the future because all of them have also been able to analyze it well and don't want to continue to suffer from things that cannot be predicted. Promotions that are carried out in this way, so far only make things that are not good in the future.

Quote from: geegaw on June 30, 2021, 01:07:55 PM

Meme coin development is relatively wide in the market but the point here is focusing on old coin memes such as doge coin and quite a few reputable old meme, the right selection rate will be higher. Neutrally speaking, standing on a particular market with such special get rich rates, investing for a few exceptions is also considered and not too bad for the future, sometimes our careful investment efforts over many years can't even compare to an exception that evolves successfully, meme coin is the golden ticket

but if other meme coins can do something other than what doge accepts, it will definitely survive well even though it might be in a difficult situation as long as bitcoin doesn't grow to increase. it is possible to store coins like that which have been around for a long time, sometimes they can also make a contribution even though it is not too big, but if you can regularly produce it, it will be good, and there is nothing wrong with being able to save.

South Park

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Quote from: clarkt on June 26, 2021, 11:36:36 AM

Memecoin have saturated the whole cryptocurrency market and digging for older meme coin may not amount to anything. If you are truly a fan of memecoin, just buy in to shiba inu. Despite the fact that it has rally in the last few months, I think there is still room for Shiba Inu to grow!

Correct, after all we need to think about what is more difficult, to create a meme coin or a coin that actually solves an issue we have in the market of cryptocurrencies? It is obvious the former is the easiest thing to do but since the growth of such coin will depend almost entirely on hype then I do not see how could anyone predict which of those coins will become successful, and with that being the case all of those people that are investing in those coins are making a mistake in my opinion.

geegaw

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Quote from: ?? on ??

Dispite the old or new, investing on a meme coins are a bad decision, doge coin will only rise up when someone pump it or someone with power promote it. And there are a lot of meme coin on the market, the chance we invest on the right coin is less than 1%, so it's too risky.

Meme coin development is relatively wide in the market but the point here is focusing on old coin memes such as doge coin and quite a few reputable old meme, the right selection rate will be higher. Neutrally speaking, standing on a particular market with such special get rich rates, investing for a few exceptions is also considered and not too bad for the future, sometimes our careful investment efforts over many years can't even compare to an exception that evolves successfully, meme coin is the golden ticket

milewilda

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Quote from: Mihawk on June 30, 2021, 12:20:00 PM

At the beginning of this valuation of meme projects I thought about these old coins, but think about this. Why didn't the current meme project creators offer to redeem these coins instead of creating tokens about other blockchains? Unfortunately, people forgot about coins and only think about tokens, maybe because of their practicality. A token release is not the same as a coin release where there may be the participation of people with few resources. LDOGE and PDN naturally no longer have room for short-term valuations.

Dont know if you cant just get on how meme coins are being created on the first place? Do you feel out the seriousness of the project when it launched?From the word meme itself then i dont
really think that they would really be good enough but we cant deny that when it comes to technical aspects it is really capable off but doesnt mean that it would really be worth when it comes to
investment.To those who had risk out on accumulate Doge before the pump then those decisions made are somewhat mix up with lucky shot.
No one had really expect for these coins to pump out even to those newer meme coins in the market that had done the same.

Mihawk

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At the beginning of this valuation of meme projects I thought about these old coins, but think about this. Why didn't the current meme project creators offer to redeem these coins instead of creating tokens about other blockchains? Unfortunately, people forgot about coins and only think about tokens, maybe because of their practicality. A token release is not the same as a coin release where there may be the participation of people with few resources. LDOGE and PDN naturally no longer have room for short-term valuations.

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Quote from: Kena Banned on June 28, 2021, 06:09:18 PM

No way shiba could grow higher, i think the higher it could be is just about half of the ath. Dogecoin is better with its own chain, the only problem is Dogecoin is overvalued already.
So my thought for Meme coins is avoiding it since its not worth to taking a risk for this shitcoins.

In a normal situation, I would say the same. No way. But I said it early this year about DOGE too. No way 1000 sats. 100 was the max and even 200 was fantasy. I turned out to be wrong:)

Hard to say with memecoins and big supply in the hands of a few. People do act in droves when they're driven to hype.

accounting 181293

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from the start the meme coin grew up relying solely on speculation, and it's not really worth investing in. so whether new or old, both are not worth it. coins like this will just be trash in the future. better invest in coins with higher usage rate.

Kena Banned

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Quote from: clarkt on June 26, 2021, 11:36:36 AM

Memecoin have saturated the whole cryptocurrency market and digging for older meme coin may not amount to anything. If you are truly a fan of memecoin, just buy in to shiba inu. Despite the fact that it has rally in the last few months, I think there is still room for Shiba Inu to grow!

No way shiba could grow higher, i think the higher it could be is just about half of the ath. Dogecoin is better with its own chain, the only problem is Dogecoin is overvalued already.
So my thought for Meme coins is avoiding it since its not worth to taking a risk for this shitcoins.

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