Are the older Meme coins a good investment? - page 6.

wheelz1200

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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.

They are all worthless. Will people utilize low volume and pump these to line themselves with free bitcoin, yep. Does that make it a good "investment" oh my God no. Do yourself a favor and don't get caught up in all the crap. Don't buy something simply because they "meme".

crzy

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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.

Age doesn't matter here especially if you're not performing well in this market then you'll be left behind. Seriously, I don't know about these two meme coins since I just know DOGE as the father of all and the older, so if you're a risk taker you'd better to buy DOGE that any of those two. Anyway, that's still your money so its your decision, just do your own research always.

Golftech

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Quote from: ?? on ??

If you are a believer in the "High Risk, High Reward" strategy, then you might try investing 1-2% of your portfolio into meme coins. I would not suggest to anyone to invest more into any of these meme coins. Also, you cant use Doge's journey from other meme coins, Doge is completely different.

Completely different but can be repeated by certain individuals who have a larger funds to invest and

attract investors, but likewise, it's not good placing huge amount of money in this kind of project the

risk is too high, better to take a closer look with quality projects that are available inside this market.

paramind22

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It would be interesting to put a list together of the existing ones that are three or more years old. I believe there was a catcoin

Yes, there was:

https://coinmarketcap.com/currencies/catcoin/

Dr.Osh

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Yes, it's too risky. the only coin that is good enough to have is Doge, because the support from Elon Musk is still there and quite active. I'm pretty sure Elon Musk is trying to get the Doge to $1. however, for other coins, it seems too risky to invest in large amounts.

Pierre 2

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Obviously not, none of memecoins are worth investing including Dogecoin. Their prices increase only because of hype towards meme coins this season mainly caused by Elon Musk and Wall Street Bets, reddit page's short squeeze calls. It is far better to invest in coins like Ethereum, BNB, Solana etc.

Bitcoinjheta

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Those two old Meme coins PandaCoin and LiteDoge are untracked listing in the coinmarketcap which a project that do not meet the guidelines in section B1/B2 to track market data. So for me its a big risk type of coins to invest.

Woodie

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For me that's a yes and no!

If you are an aggressive trader you know there is buy and dump strategy so you could buy at a dip and dump at the right price when its pumped which leaves you with some profit.

And when we say meme coins been a good investment it can only be dogecoin to be honest because the rest don't have a hype man like Elon and I hate to admit the guy is a force in the business.

tabas

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Don't wake them up. They're quite dead already and there's no data that can be tracked for those coins as per coinmarketcap. The emergence of the meme coins are about to end and I think that Elon is just having fun playing with the emotions of his followers.
Forget about meme coins and if you want to invest in Doge, invest on it but don't be too hype on it anymore.

blackened515

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Quote from: GreatArkansas on June 03, 2021, 07:05:15 PM

Another thing to consider is to look at the community of that meme coin, are there are still a lot of people talking about that meme coin?

Exactly, that's well said, the possibility for a coin to go higher is strong community, people that are ready to invest and others that had invested, these people are the set of people that brings a coin to where they are ought to reach, one of the social media to find a good community is on telegram, a dull and quite and inactive groups are some good signals of poor project that's why it is good to always do delegent research both on Twitter and telegram to know the best project to follow.

Erdogan

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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.

These are cool examples of coins that are similar to DOGE. Unfortunately, this is not the moment when you earn money on coins that are not promoted by Elon Musk.
Doge would have no potential (and neither would these coins) had it not been for Elon Musk's mention of them. Wait for a tweet from him and invest.

janggernaut

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Quote from: Ruvi2000sew on June 06, 2021, 01:10:30 PM

Every year, the price of altcoins falls. I like to look at the market conditions and historical lows of altcoins before making a purchase decision. The forthcoming halving of bitcoin and altcoins could have a huge impact on their value. If you're undecided about whether to buy now or later and want to make a long-term investment.

Not every year, this year as example make almost all altcoins price surge to the moon. Take DOGE as example, increased more than 10,000% from only this early year and that thanks for Elon because of what he did.

Quote from: ?? on ??

Oh my god, I don’t know that there are old meme tokens that imitate DOGA, this is really a godsend for me. But I see $ 417 daily trading in 24 hours.

There are Bunch of meme coins imitate like DOGE. and most of them are onky shitcoin which don't have any value or real use at all.

Ruvi2000sew

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Every year, the price of altcoins falls. I like to look at the market conditions and historical lows of altcoins before making a purchase decision. The forthcoming halving of bitcoin and altcoins could have a huge impact on their value. If you're undecided about whether to buy now or later and want to make a long-term investment.

paramind22

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There are Meme coins like TruckCoin and Boatcoin that have active blockchains and are on exchanges to buy and sell. They're both staking coins that could be sold perhaps to those industries. They don't need miners but the chain is circulated by people running the wallets. It seems better than investing a lot to start from scratch, hiring a programmer and paying the exchange fees.

bekti3

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Quote from: BuNga_cute on June 04, 2021, 08:24:36 PM

I agree that long-term investments are strongly discouraged from investing in meme coins. Because there are no clear functions and uses for
the future, it's a bit of a gamble if we decide to invest in meme coins in the long term. There are actually many other choices of coins that are
much better than us spending our capital buying meme coins. Even if we want to invest in meme coins, we should only do it for the short term.

That's right, therefore invest in coins that really have a durable level of quality. because if the meme coin is used as an investment material, its value is increasingly losing its selling power.

I can't stop thinking about people who still believe in investing for meme coins in the long term. big risk and also will not be profitable at all. it is better to invest in Bitcoin even with a small amount of money but guaranteed continuity. than in coin memes.

stomachgrowls

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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.

Your call!

You dont know on what comes next with these meme trash coins on where someday these coins would have significant value just like on what happened in Shiba inu but well chances are way too small to consider.

Thing here is that you should only invest on the amount you can afford to lose and just put up and forget for years.Somehow these investment are just lottery where it would be someday be hyped and make yourself rich.

Just dont let your hopes up though because it would really just give frustration when it didnt hit a specific price.

BuNga_cute

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Quote from: kevindjunaidi on June 04, 2021, 06:47:34 PM

I never agreed to invest in meme coin, because meme coin don't have a function, so you will definitely lose your money if you invest in meme coin for the long term (the risk is very big), therefore instead of investing in meme coin, it's better if you invest in coin that have a good product and function for the future, because you will definitely get a big profit and the risk is also smaller than you invest in meme coin.

I agree that long-term investments are strongly discouraged from investing in meme coins. Because there are no clear functions and uses for
the future, it's a bit of a gamble if we decide to invest in meme coins in the long term. There are actually many other choices of coins that are
much better than us spending our capital buying meme coins. Even if we want to invest in meme coins, we should only do it for the short term.

kevindjunaidi

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I never agreed to invest in meme coin, because meme coin don't have a function, so you will definitely lose your money if you invest in meme coin for the long term (the risk is very big), therefore instead of investing in meme coin, it's better if you invest in coin that have a good product and function for the future, because you will definitely get a big profit and the risk is also smaller than you invest in meme coin.

paramind22

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Quote from: Fivestar4everMVP on June 04, 2021, 11:51:18 AM

I wouldnt dare if I were you @op, old meme coin equals to old abandoned shitcoins, what do you plan to do with this shitcoins after buying them?? I would personally advice anyone who cares to read and understand that never you buy a dead coin in hopes of it suddenly coming back alive to make you a millionaire, miracles do happen but this one is very rare, meme coins might be trending right now, that doesn't mean every meme coin out there is good for investment, do a proper research and be certain of where you are putting your hard earned money on, though I think hard earned money isn't hard earned for everyone but then, it's painful to loose money already gotten through what ever means.

Both the coins in first post are staking coins and staking coins are like asking why invest in a bitcoin miner? They basically "mine" crypto that you can sell for Doge then BTC.

Raflesia

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_""""Duelbits""""_

I only know dogecoin which is the oldest meme coin and it's worth the investment IMO.
With other meme coins, of course, it will be full of risk and not yet popular, so I never dared to invest in meme coins other than doge, I can only judge that meme coins have no definite product purpose so that it is still on the verge of uncertainty whether this will be can survive or not, if doge I believe clearly the big whale plays a role behind it so that the market capitalists are bigger by beating other popular coins

Topic: Are the older Meme coins a good investment? - page 6. (Read 1153 times)