Are the older Meme coins a good investment? - page 4.

tabas

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Quote from: Fredomago on June 14, 2021, 03:31:43 PM

Quote from: tabas on June 13, 2021, 03:22:49 PM

Quote from: ?? on ??

I strongly disagree with meme coins, both new and old, because most meme coins have no utility, thus making the coin undevelopable and worthless, my advice is to invest in altcoins that have potential and have useful utility

I agree but except for Dogecoin because it has been known as a meme coin for years but still many have chosen to trade it. Even before without the hyping being done by Elon, still it had became popular despite being made as a joke.
The rest, I agree to you that they really have no utility and they're made just as dogecoin for trading because we recently entered in the bull run.

I remember that even Doge is created as meme there are traders who use this coin to transfer their fund between exchange as the fees is really low it's been used as good alternative to avoid paying high transaction fees., And also, gamblers use this coin with same intention having low fees if I remember it correctly.

Before the hypes of Musk, Doge already went their serves as pump and dump asset, we still seen interest from traders and investors those
who are willing to play with this coin.

Aside from the influenced of Elon Musk, very possible to see another hypes when the entire market start to pumped high.

Yes, Dogecoin is a meme coin but it has a feature that's being liked by the community. Its reliability during transfers is really amazing, quick and very cheap.
Many of us have considered it as a meme coin but during high fees of bitcoin and ethereum, we've chosen to use dogecoin as a means of transfer because it's really helpful.

Fredomago

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Quote from: tabas on June 13, 2021, 03:22:49 PM

Quote from: ?? on ??

I strongly disagree with meme coins, both new and old, because most meme coins have no utility, thus making the coin undevelopable and worthless, my advice is to invest in altcoins that have potential and have useful utility

I agree but except for Dogecoin because it has been known as a meme coin for years but still many have chosen to trade it. Even before without the hyping being done by Elon, still it had became popular despite being made as a joke.
The rest, I agree to you that they really have no utility and they're made just as dogecoin for trading because we recently entered in the bull run.

I remember that even Doge is created as meme there are traders who use this coin to transfer their fund between exchange as the fees is really low it's been used as good alternative to avoid paying high transaction fees., And also, gamblers use this coin with same intention having low fees if I remember it correctly.

Before the hypes of Musk, Doge already went their serves as pump and dump asset, we still seen interest from traders and investors those
who are willing to play with this coin.

Aside from the influenced of Elon Musk, very possible to see another hypes when the entire market start to pumped high.

DOH!

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Quote from: ?? on ??

I strongly disagree with meme coins, both new and old, because most meme coins have no utility, thus making the coin undevelopable and worthless, my advice is to invest in altcoins that have potential and have useful utility

I agree with the Thai government. But better yet, stop the meme-coin pastime and accept holding NFT. Meme coin does not have significant utility as many people still imagine and causes big imo, fomo symptoms. Really, it's like a bloodsucker, but I believe the NFT will have a place in the future. Perhaps, NFT staking or farming NFT will form a trend.

blackened515

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I have recieved the news that Thailand government banned on trading meme-coins and NFTs in their country saying they have no clear objectives, no support on the price and other reasons to ban then if you read the complete article, imo, the only meme coin I think it's important and had good team and development is SHIBA INU

Quote

1. There is no clear objective or substance or no support with the price depending on the trend in the social world (Meme Token)

2. Digital tokens arising from the use of technology to express ownership or grant rights to a particular or specific thing. The same type and type of digital tokens cannot be used. and the same number are interchangeable. (Non-Fungible Token : NFT).

You can read the article here: https://www.sec.or.th/TH/Pages/News_Detail.aspx?SECID=8991

bitbollo

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Ok speculation, ok profit, ok ROI, but there is always a narrow line between gambling at casinò and investing in cryptocurrency.
After the "glory" is over, what will be the real usage of these coins? Plus most of people are buying now, with price pumped and... some pre-mined coins ready to be dumped! This is more dangerous then ICO mania of 2017!
At least some project survived thanks an intrinsic value, but in this case?A meme coin with billions in supply and low hashpower it's really worth the risk?
Well, seeking money is a good occupation, but this is one of the stupid way I have seen.

tabas

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Quote from: ?? on ??

I strongly disagree with meme coins, both new and old, because most meme coins have no utility, thus making the coin undevelopable and worthless, my advice is to invest in altcoins that have potential and have useful utility

I agree but except for Dogecoin because it has been known as a meme coin for years but still many have chosen to trade it. Even before without the hyping being done by Elon, still it had became popular despite being made as a joke.
The rest, I agree to you that they really have no utility and they're made just as dogecoin for trading because we recently entered in the bull run.

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Quote from: Julien_Olynpic on June 11, 2021, 12:00:58 PM

Meme coins, especially old and non-top coins, are a poor investment in my opinion. Meme coins are generally a controversial investment. This is a coin that is needed for nothing.
Such coins die quickly, unless they are lucky enough to be lucky. Dogecoin was lucky. But I'm not sure if Panda Coin will be lucky. These coins are the first to fall down in a bear market.

And we need to wonder if dogecoin is going to keep having that luck, after all this is a coin in which many newbies went and invested heavily as it was cheap and it was a fun project to invest and now they are finding out the awful decision they took and how this is going to affect them, after all dogecoin is now very high in terms of market cap but this can change quickly as we have seen that coin being very low on the ranks and I think we are about to see the same once again, and if it happens, then another brutal crash will come to the coin as people get scared because of this.

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Quote from: VanDeinsberg12 on June 11, 2021, 03:55:46 AM

Quote from: janggernaut on June 10, 2021, 10:04:21 PM

DOGE and SHIB hype is already over right now. People have sold their most of coins from both coins. Elon also didn't have pump doge or shib anymore as you can see his tweet is rarely about crypto anymore. You can invest on both coins, but make sure you invest with small amount first and wait until it reached near bottom

he literally got monitored by SEC now that's why his tweets are rarely about crypto anymore, same case has happened to elon seems he isn't really tired of it lol Roll Eyes

though DOGE has been decreasing in price it's still have quite high price for a meme coin, mainly because people who invest to this coin are some newcomers that don't have idea how many coins mined each day that could make it inflationary token, same as printing money its just endless cycle.
until people realize that the price just gonna stick above 1 cents then probably decrease when people figure it out

Yeah SEC have warned him about pump and dump any coin with his tweet. Imagine a tweet from him can make any coin price up and down more than 20% just in sec.

Doge soon will be back to where it used to be. Around $0.002 , after many people dump that shitcoin. Meme era has ended, at least for now

GelatikKembar

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Quote from: ?? on ??

meme coin is a very risky investment, because almost all meme coins have no utility with unlimited supply capacity, so it is very difficult to make the meme coin valuable, my advice is to avoid investing in meme coins in large quantities

Meme coin is not a good choice for investment and I don't recommend investing in it,
a large supply of course makes the meme coin not very valuable so think carefully before investing in meme coin,
or better invest in top 10 coins I think it's much safer

VanDeinsberg12

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Quote from: SaShiRaJaVu on June 11, 2021, 02:51:20 PM

Quote from: Fredomago on June 11, 2021, 01:09:30 PM

just make sure that the money that you'll going to spend are those amount that you are willing to forget, if that things did not favor you, it will easy to move forward.

Anyone who was able to take that kind of risks always made a fortune in the market but that does not mean that investing in all the meme coins are going to give you a good benefit because Dogecoin had its rally but what everyone needs to understand is that the market is up and running for several years and there were specific reasons for the pump like constant shilling by a billionaire influenced the price greatly.

Yeah risk taker get bigger reward but we should draw the line on what is considered a gambling and what is considered an investment.

OP is talking about investment but most of the meme coins resembles gambling a lot more than investment and yeah only the money that the you can forget is the most suitable for buying these meme coins
but one thing though, a newer meme coins that marketed so hard could get dumped instantly 90%, what's stopping older meme coin from doing the same since these new and old meme coins are basically the same, same market influence etc.

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Quote from: Tumanggor on June 12, 2021, 11:25:35 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.

To be honest, it's the first time I've heard the names of the two meme coins above
I personally will never invest in meme coins, The risk is really big

when a few months ago people were hype with dogecoin and shiba inu tokens, I myself didn't feel any interest in meme coins
better invest safely because meme coins have no future

You shouldn't think so, meme tokens will still show what they are capable of, but there is no technology behind them, but this is the point, I think this is a general protest.

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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.

To be honest, it's the first time I've heard the names of the two meme coins above
I personally will never invest in meme coins, The risk is really big

when a few months ago people were hype with dogecoin and shiba inu tokens, I myself didn't feel any interest in meme coins
better invest safely because meme coins have no future

SaShiRaJaVu

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Quote from: Fredomago on June 11, 2021, 01:09:30 PM

just make sure that the money that you'll going to spend are those amount that you are willing to forget, if that things did not favor you, it will easy to move forward.

Anyone who was able to take that kind of risks always made a fortune in the market but that does not mean that investing in all the meme coins are going to give you a good benefit because Dogecoin had its rally but what everyone needs to understand is that the market is up and running for several years and there were specific reasons for the pump like constant shilling by a billionaire influenced the price greatly.

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Quote from: Fredomago on June 11, 2021, 01:09:30 PM

Quote from: sapnu on June 11, 2021, 12:52:54 PM

Memecoins regardless if it is old or young are much more risky investment. As we can all remember, Dogecoin was a memecoin that got hyped by Elon Musk that's why its value got up. Once the turn of events go against a certain memecoin, downfall is guaranteed and for now, even the most successful altcoin can experience it that's why it is not really ideal to invest on an old memecoin regardless of its current achievements. There's nothung wrong with playing safe so invest and focus more on top altcoins or bitcoin.

Nothing wrong if you do care with your money, but if you are a type of trader where risk is okay with you, Meme coins might bring better profits, either short or long run once this assets start being pumped you'll be able to see higher profits from your investment,. Not for everyone though, but for those who are willing there's nothing wrong dealing with it.

just make sure that the money that you'll going to spend are those amount that you are willing to forget, if that things did not favor you, it will easy to move forward.

Risk taker would be classified on different level.Some would really be kind of risk taker on where they would really be risking something which is way more that opposes on what others do see on a particular thing and even if do hate up those meme coins but still they do consider on investing on it out.

It up to someones choice if they would choose up this investment or would skip out and find for another much better alternative but since this had been
the trend atm then they do risk out on engaging with it even though its really a risky thing.You wont really able to know if you wouldnt try as per others
mindset which they are really trying to prove out.

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Quote from: sapnu on June 11, 2021, 12:52:54 PM

Memecoins regardless if it is old or young are much more risky investment. As we can all remember, Dogecoin was a memecoin that got hyped by Elon Musk that's why its value got up. Once the turn of events go against a certain memecoin, downfall is guaranteed and for now, even the most successful altcoin can experience it that's why it is not really ideal to invest on an old memecoin regardless of its current achievements. There's nothung wrong with playing safe so invest and focus more on top altcoins or bitcoin.

Nothing wrong if you do care with your money, but if you are a type of trader where risk is okay with you, Meme coins might bring better profits, either short or long run once this assets start being pumped you'll be able to see higher profits from your investment,. Not for everyone though, but for those who are willing there's nothing wrong dealing with it.

just make sure that the money that you'll going to spend are those amount that you are willing to forget, if that things did not favor you, it will easy to move forward.

sapnu

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Memecoins regardless if it is old or young are much more risky investment. As we can all remember, Dogecoin was a memecoin that got hyped by Elon Musk that's why its value got up. Once the turn of events go against a certain memecoin, downfall is guaranteed and for now, even the most successful altcoin can experience it that's why it is not really ideal to invest on an old memecoin regardless of its current achievements. There's nothung wrong with playing safe so invest and focus more on top altcoins or bitcoin.

Julien_Olynpic

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Meme coins, especially old and non-top coins, are a poor investment in my opinion. Meme coins are generally a controversial investment. This is a coin that is needed for nothing.
Such coins die quickly, unless they are lucky enough to be lucky. Dogecoin was lucky. But I'm not sure if Panda Coin will be lucky. These coins are the first to fall down in a bear market.

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Quote from: Dadan on June 09, 2021, 10:16:16 PM

Quote from: ahsanif on June 09, 2021, 06:15:57 PM

old coins whose projects are still running are also good for investment, especially if there is a large burn
i don't dare speculate even though people call it the next doge or next shiba inu

There are many olds coins out there, and not all are good for investments. So, I would instead invest in more popular and bigger market value like ETH, ADA, and BNB.
You will probably gain a profit there if you know what you're doing. Dogecoin and Shiba Inu are rival coins, and they are the hot topics right now. That's why many people are getting interested in both coins.

Yeah because meme coin only gathers popularity when the market starts to shine high recently and i believe that there are group behind this to try manipulating these coins so they can bag money from noobs once more.
because why need to invest in these kind of coins when there are no assurances while the legit and strong coins are always there to keep safe our funds?
i rather invest in Ripple in which having too much trouble than meme coins.

VanDeinsberg12

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Quote from: janggernaut on June 10, 2021, 10:04:21 PM

DOGE and SHIB hype is already over right now. People have sold their most of coins from both coins. Elon also didn't have pump doge or shib anymore as you can see his tweet is rarely about crypto anymore. You can invest on both coins, but make sure you invest with small amount first and wait until it reached near bottom

he literally got monitored by SEC now that's why his tweets are rarely about crypto anymore, same case has happened to elon seems he isn't really tired of it lol Roll Eyes

though DOGE has been decreasing in price it's still have quite high price for a meme coin, mainly because people who invest to this coin are some newcomers that don't have idea how many coins mined each day that could make it inflationary token, same as printing money its just endless cycle.
until people realize that the price just gonna stick above 1 cents then probably decrease when people figure it out

janggernaut

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Quote from: Dadan on June 09, 2021, 10:16:16 PM

Quote from: ahsanif on June 09, 2021, 06:15:57 PM

old coins whose projects are still running are also good for investment, especially if there is a large burn
i don't dare speculate even though people call it the next doge or next shiba inu

There are many olds coins out there, and not all are good for investments. So, I would instead invest in more popular and bigger market value like ETH, ADA, and BNB.
You will probably gain a profit there if you know what you're doing. Dogecoin and Shiba Inu are rival coins, and they are the hot topics right now. That's why many people are getting interested in both coins.

DOGE and SHIB hype is already over right now. People have sold their most of coins from both coins. Elon also didn't have pump doge or shib anymore as you can see his tweet is rarely about crypto anymore. You can invest on both coins, but make sure you invest with small amount first and wait until it reached near bottom

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