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Topic: Becareful with Meme Coins - page 10. (Read 1809 times)

member
Activity: 759
Merit: 15
July 07, 2021, 01:22:31 PM
#65
yes the actual value of the meme coins is given only by the hype, by the interest artificially created around them through tweets and posts aimed at increasing attention and obviously very risky to invest in them but in any case no more than investing in other shitcoins
member
Activity: 588
Merit: 10
July 07, 2021, 12:02:47 AM
#64
Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu



Meme coin certainly makes crypto users surprised, it is trending and popular for now, for me this is a good thing because it can get big profits, maybe next year the market trend will change.
member
Activity: 662
Merit: 11
www.cd3d.app
July 06, 2021, 11:51:06 PM
#63
Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu
All these meme coins are just jokes for real, the way they are easily pumped and dumped is something else.They all went up very high, and then all of a sudden they crashed , and to make it worst they crashed more than other coins like Bitcoin. Imagine someone that held their coin throughout the bearish times of these meme coins. I saw a lot of people complaining of what they have lost due to the meme coins crashing.

And it just happened instantly and resulted to a lot of loss. Investing in them is something you will have to do to your own risk, and you also have to understand that you’re taking risk in doing it, so you have to thread carefully. If you’re lucky, there is every amount of possibility that you will make huge profit at the right time, and if not, then it’s going to be some serious loss.

I agree with you, meme coins are a joke. investing in these coins looks like gambling. It takes a lot of luck to make a profit. and because of this, meme coins are not a good investment. the risk is too great, and when the price falls we never know when it will rise again.
hero member
Activity: 2814
Merit: 576
July 06, 2021, 06:09:34 PM
#62
Of course if we invest in meme coins like that all we can do is buy and sell them when we get a profit, and to make long-term investments for such coins is obviously very risky. But if you really believe in a good future for this coin, it's better to buy in small quantities because the current price is still very cheap.
Meme coins although risky to invest but i think they are profitable for now. So buying even a small part of them might also bring profits somehow. But if i were to invest with huge funds, i prefer to put my capital into those old and established coins that have been very profitable since then. New coins like these meme coins might be profitable but i think they are only good for short term investments and won't survive for long term.
sr. member
Activity: 2002
Merit: 250
July 06, 2021, 01:00:28 PM
#61
Here in India, there was not much media coverage about the $1 billion donation from Vitalik Buterin. On the other hand, when the cricket player Pat Cummins donated $30,000 for COVID relief in India, the newspapers covered it in the front page. I was really disappointed with this. Even now, 99% of the Indians don't know that Vitalik made such a huge donation in the form of SHIBA INU. And some people even managed to criticize him, claiming that he is just trying to dump the useless tokens that he received. Contrary to their expectations, SHIBA held on to its price.
Vitalik's act like that, I find it to be a humane and meaningful act. And for them making people's lives better is more important than money, money can be an important tool in life, but it is not necessarily the only one. As for meme coin trends, I see bullshit, but it's okay if it has the ability to bring other positive values, I think it's not a big deal.
I don't think the coin meme trend is going to last long and it's been proven,
to invest in coin memes of course it is very risky and needs to be carefully considered,
it might be much better to invest in the top and more promising altcoins too
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
July 06, 2021, 12:41:03 PM
#60
Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu
All these meme coins are just jokes for real, the way they are easily pumped and dumped is something else.They all went up very high, and then all of a sudden they crashed , and to make it worst they crashed more than other coins like Bitcoin. Imagine someone that held their coin throughout the bearish times of these meme coins. I saw a lot of people complaining of what they have lost due to the meme coins crashing.

And it just happened instantly and resulted to a lot of loss. Investing in them is something you will have to do to your own risk, and you also have to understand that you’re taking risk in doing it, so you have to thread carefully. If you’re lucky, there is every amount of possibility that you will make huge profit at the right time, and if not, then it’s going to be some serious loss.
full member
Activity: 785
Merit: 105
July 06, 2021, 01:10:08 AM
#59
Here in India, there was not much media coverage about the $1 billion donation from Vitalik Buterin. On the other hand, when the cricket player Pat Cummins donated $30,000 for COVID relief in India, the newspapers covered it in the front page. I was really disappointed with this. Even now, 99% of the Indians don't know that Vitalik made such a huge donation in the form of SHIBA INU. And some people even managed to criticize him, claiming that he is just trying to dump the useless tokens that he received. Contrary to their expectations, SHIBA held on to its price.
Vitalik's act like that, I find it to be a humane and meaningful act. And for them making people's lives better is more important than money, money can be an important tool in life, but it is not necessarily the only one. As for meme coin trends, I see bullshit, but it's okay if it has the ability to bring other positive values, I think it's not a big deal.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
July 06, 2021, 12:48:54 AM
#58
Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu


Coin meme holders like to bet big, they take a lot of risks for big profits. there is no safe point, they only have 2 possibilities i.e. get big profits or vice versa receive big losses too. I think that's very fair. risking everything to seize the possibility of making big profits.
Although currently meme coin continues to experience a very drastic decline, it is not comparable to the increase that occurred at Doge a while ago.
this is what other meme coin holders like doge coin are hoping for a while back.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
July 06, 2021, 12:31:43 AM
#57
Here in India, there was not much media coverage about the $1 billion donation from Vitalik Buterin. On the other hand, when the cricket player Pat Cummins donated $30,000 for COVID relief in India, the newspapers covered it in the front page. I was really disappointed with this. Even now, 99% of the Indians don't know that Vitalik made such a huge donation in the form of SHIBA INU. And some people even managed to criticize him, claiming that he is just trying to dump the useless tokens that he received. Contrary to their expectations, SHIBA held on to its price.
sr. member
Activity: 1358
Merit: 253
July 06, 2021, 12:05:22 AM
#56
Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu



Yes this is a trend that is predicted to not last long, what we can do is get maximum profit because we don't know if next year we can see meme coin in the market or not.
member
Activity: 633
Merit: 10
July 05, 2021, 08:42:17 PM
#55
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Scam or not scam meme tokens, if it has 10x, 20x founders will be rich. It is main reason they create meme projects.
basically crypto memes are made to bring in quick profits with the support of the community or influencers who create hype. it is not effective enough in the long term. call it hit and run. is this dangerous or not? what is clear is that the risk is high, if we are late in entering or leaving our funds will be threatened.
understand the risks before engaging in any trend.
it is speculative assets in crypto market, suitable for traders that want to earn huge profits in only short term. Most of MEME coins have their own influencer to attract new buyer in market and create hype, without utility we should avoid this project or we will rekted if come lately in market. only early buyer that could take huge profits, meanwhile other got rekted.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
July 05, 2021, 07:42:36 PM
#54
meme coin is very easy to manipulate and all the price depends on the developer so it's unfair because it can be proven to be used for something the OP mentioned, so I think we should avoid tokens like that so it won't cost you in the future.
newbie
Activity: 4
Merit: 0
July 05, 2021, 08:28:46 PM
#54
Meme coins are fun, but you should never put serious money on them. Its fun to throw a bit of money at them but your heaviest bags should be backing projects that build real products.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
July 05, 2021, 07:59:20 PM
#53
meme coin is very easy to manipulate and all the price depends on the developer so it's unfair because it can be proven to be used for something the OP mentioned, so I think we should avoid tokens like that so it won't cost you in the future.
When the price of Dogecoin rallied everyone wants to take that opportunity and run their own version of the coin and now i lost count about the number of projects in existence aiming at luring the investors promising that i could be the next hype train that could rally and there are some similar coins that made a huge rallies but no one can assure you that the new meme coins will survive.
full member
Activity: 896
Merit: 108
July 05, 2021, 07:51:29 PM
#52
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Scam or not scam meme tokens, if it has 10x, 20x founders will be rich. It is main reason they create meme projects.
basically crypto memes are made to bring in quick profits with the support of the community or influencers who create hype. it is not effective enough in the long term. call it hit and run. is this dangerous or not? what is clear is that the risk is high, if we are late in entering or leaving our funds will be threatened.
understand the risks before engaging in any trend.
sr. member
Activity: 860
Merit: 253
SmartFi - EARN, LEND & TRADE
July 05, 2021, 06:15:17 PM
#51
Meme coins represent the ideal of shit coins. If earlier everyone complained that the market was oversaturated with junk coins, then in 2021 junk coins became a trend.
This is surprising, because someone manages to lose their money on these coins and become disillusioned with the cryptocurrency, believing that this is just speculative roulette.
legendary
Activity: 2282
Merit: 1023
July 05, 2021, 07:01:10 PM
#51
Meme coins represent the ideal of shit coins. If earlier everyone complained that the market was oversaturated with junk coins, then in 2021 junk coins became a trend.
This is surprising, because someone manages to lose their money on these coins and become disillusioned with the cryptocurrency, believing that this is just speculative roulette.
You think that Elon Musk lost his money in the cryptocurrency market and then he wanted to change the narrative by shilling about Dogecoin, which is highly unlikely and i will not call them junk either as there are many junk coins in the market that does not make any sense and Doge is used in multiple casino and it is not a bad thing either for a junk coin  Tongue.
member
Activity: 728
Merit: 12
July 05, 2021, 06:21:11 PM
#50
Currently, there are many memecoins and most of them are shitcoins.
We must be careful with this coin type although many public figures also promote and tweet about them. They may be able to make many profits for us, however, we can also lose a lot of money because of them, they are new and the volatility is exactly very high.
Additionally, we have been seeing how kind of this coin in the market, only based on hype. Not really good fundamentals are there.
I am also trading Shiba Inu and still stuck on the higher price. haha
I think I am not appropriate for this kind of coin trading.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
July 05, 2021, 06:02:42 PM
#49
I myself am really against the meme coin, because in my opinion meme coins like doge and shiba inu are just a joke coin that can rise due to temporary hype, not very suitable for long-term investment because it has no utility at all

Being in crypto has taught me something. Apart from Bitcoin, I don't care about what's right but making money from altcoins. I know strong altcoin projects with good architecture and community but they don't get the support and price increase that these shitcoins and meme coins get. Its sad but that's what I've come to realize about the market. If MEME coins are trending, I would rather profit off them and then move back to projects with strong fundamentals and Bitcoin. That's the best bet. Profit off the trend.
We need to be practical if meme coins give us some market opportunities, why not ignore them? Like what happens to Doge and Shiba coin, they are more profitable compared to the Bitcoin during this time and people are riding into it. However, these coins can't be trusted to hold for long, it is best to sell them once they reach to its peak.
The majority will speak that meme coins are shitcoins but at least we get benefits from them before they become totally a dead coin.
hero member
Activity: 2184
Merit: 798
Top Crypto Casino
July 05, 2021, 05:52:14 PM
#48
I myself am really against the meme coin, because in my opinion meme coins like doge and shiba inu are just a joke coin that can rise due to temporary hype, not very suitable for long-term investment because it has no utility at all

Being in crypto has taught me something. Apart from Bitcoin, I don't care about what's right but making money from altcoins. I know strong altcoin projects with good architecture and community but they don't get the support and price increase that these shitcoins and meme coins get. Its sad but that's what I've come to realize about the market. If MEME coins are trending, I would rather profit off them and then move back to projects with strong fundamentals and Bitcoin. That's the best bet. Profit off the trend.
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