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Topic: Becareful with Meme Coins - page 9. (Read 1809 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 10, 2021, 08:59:56 AM
#84
I am also a holder of meme tokens. I bought 5 different meme coins and now all of them are in dramatic crash that make my feeling in a bad mode. Because of what was happen I stop buying meme tokens rather will buy the coin with a real platform not like meme.
Now you know and can justify that majority of the meme coins are worthless. Because if you just believe that these coins are shit, supposedly you don't invest them but you did and now, a terrible loss happens to you.
Well, that already happens to you and it gives you learning and as well as with others. Though not all meme coins are similar to what you have, still we need extra care in choosing for them.
member
Activity: 633
Merit: 10
July 10, 2021, 08:55:11 AM
#83
I am also a holder of meme tokens. I bought 5 different meme coins and now all of them are in dramatic crash that make my feeling in a bad mode. Because of what was happen I stop buying meme tokens rather will buy the coin with a real platform not like meme.
its the risk if you buy without any research, i am wonder if you trapped in hype and FOMO in market when elon musk shilling about doge, shiba inu and new meme coin. it better to hold it till the value back to your initial value . Use it as speculative portofolio which is will give you huge profit when market totally recovered.
member
Activity: 658
Merit: 10
Rangers Protocol
July 10, 2021, 08:42:51 AM
#82
I am also a holder of meme tokens. I bought 5 different meme coins and now all of them are in dramatic crash that make my feeling in a bad mode. Because of what was happen I stop buying meme tokens rather will buy the coin with a real platform not like meme.
full member
Activity: 924
Merit: 100
July 10, 2021, 08:27:52 AM
#81
Depends on the personal perspective, i think most of us still think about being rich just in over month or over night. So they very like meme coin like this, my advice is just spend money you can afford to lose so i think it will be fine even though your investment broke.
full member
Activity: 2086
Merit: 193
July 10, 2021, 08:27:28 AM
#80
yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

Perhaps right now the doge coin is the most striking meme coin, which as you said has provided a lot of benefits to those who managed to read the situation, but as for other meme coins, I personally haven't seen its potential, and until now I'm not interested in taking it either.
DOGE is the most established meme coin and the rest are just trying to follow the hype by creating another meme project without a concrete plan in the market, and as you can see right now they are failing big time. Yes, there’s a lot of meme project before that rise unexpectedly, but without a hype they’ll die and they are starting to disappear now which I can say, this is indeed a healthy correction.
full member
Activity: 1017
Merit: 107
Axioma Holding - Axioma Pay Crypto Card
July 10, 2021, 08:14:33 AM
#79
I think not all meme coins are bad. All crypto coins have risks to invest including meme coins. So far I've never invested in Meme coin I'm just more interested in investing in ETH, BNB which already has strong fundamentals.

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.
MEME coin have no different with other coins its only have no utility at all and no developtment in product or other things. but MEME could not ignore by us, its still be alternative assets in crypto market when we see there is no new good project anymore, most of holder use it as speculation assets and already calculate the risk.
member
Activity: 517
Merit: 10
July 10, 2021, 07:51:53 AM
#78
yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

Perhaps right now the doge coin is the most striking meme coin, which as you said has provided a lot of benefits to those who managed to read the situation, but as for other meme coins, I personally haven't seen its potential, and until now I'm not interested in taking it either.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 10, 2021, 07:47:30 AM
#77
I think not all meme coins are bad. All crypto coins have risks to invest including meme coins. So far I've never invested in Meme coin I'm just more interested in investing in ETH, BNB which already has strong fundamentals.

The Securities and Exchange Commission of Thailand is more categorical about meme coins. According to the new rules, trading in meme coins is completely prohibited https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8994. These rules apply to Elon Musk favorite coin-Dogecoin. The SEC of Thailand has given exchanges 30 days to delisting the meme coins.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
July 10, 2021, 07:13:44 AM
#76
I think not all meme coins are bad. All crypto coins have risks to invest including meme coins. So far I've never invested in Meme coin I'm just more interested in investing in ETH, BNB which already has strong fundamentals.

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
July 10, 2021, 06:57:06 AM
#75
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



speaking of risks, all coins have their own risks, considering the price of cheap coins, depositing large amounts is very unlikely, except for trading in the long term, considering that in the long term the price will increase quite large, so the coins we buy are cheap will experience an expensive selling price, and this habit takes quite a long time, our weakness is that we cannot be patient for a long period of time being too hasty in analyzing the increase in the price of the cheap coin
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
July 10, 2021, 06:20:14 AM
#74
Meme token are moved by hypes and as such it's wiser to invest with caution although it has made more ROI compared to other tokens in recent times but with the current status of most meme tokens it's wiser to invest what you can afford to loose. I guess Shiba Inu down by 1.5% in less than 32 hours is really a call to caution for meme investors to apply extreme caution to avoid investing in a project that might hang their funds
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 07, 2021, 04:37:54 PM
#73

what analysis and what thinking or decision are they going to make ? its already in the name meme coin that they are not serious .
if you are a serious investor and you dont want to waste money you will only invest in serious coins because they have a future .
last time i also warned my friend about the meme coins but found out that he invest all of his money .
 some people are just hard headed

yeah right! there are people who keeps on insisting that the chance still there if you place your money in much earlier time, not  knowing that manipulators (pump and dump groups) already have huge bag holds that's awaits to sell out.

Meme coins designed to serve it's purpose if you are a serious trader / investor finding real project that have real case usages is far better than trying to ride with this kind of projects.

Be more practical in choosing where to place your money while you are inside this market.
full member
Activity: 1638
Merit: 122
July 07, 2021, 04:17:56 PM
#72
In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.
Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.
Need to think carefully before deciding to invest in coin memes,
because we know that investing in meme coins is much more risky than altcoins,
other than that coin memes cannot survive in the crypto market
what analysis and what thinking or decision are they going to make ? its already in the name meme coin that they are not serious .
if you are a serious investor and you dont want to waste money you will only invest in serious coins because they have a future .
last time i also warned my friend about the meme coins but found out that he invest all of his money .
 some people are just hard headed
full member
Activity: 1048
Merit: 102
July 07, 2021, 03:53:28 PM
#71
In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.
Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.
Need to think carefully before deciding to invest in coin memes,
because we know that investing in meme coins is much more risky than altcoins,
other than that coin memes cannot survive in the crypto market
hero member
Activity: 2170
Merit: 528
July 07, 2021, 03:16:26 PM
#70
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

I have made this thread on 14th may and warned everyone that do not run after Meme coin. We all have seen that as soon as the bitcoin dumps a bit, these meme coins just dumped like crazy. Even Elon Musk can't save the Doge coin in this mini bearish period. When you see all the meme coins and shit coins pumping like hell, it shows the end of bull season (for some time atleast).

That's because meme coins have no intrinsic value. They are made for speculators and traders to have some fun and they have their place in the system as pump and dump coins.
Since Dogecoin was made to make fun of bitcoin actually investing in it is stupid. You're paying money to someone who doesn't respect bitcoin and thinks anybody can make a woirthless cryptocurency and make money from it.
sr. member
Activity: 1652
Merit: 299
July 07, 2021, 02:55:32 PM
#69
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.
And some of them are getting good interest from the investors because everyone thinks these coins will be pumped while actually, I don't think any of them will be pumped at all. It's sheer lunacy in the market right now that any coin is coming with a meme or doge coin theme and people are buying it.

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.
Either that or meme coins only suitable for short-term and sharp trading. If you see a meme coin is being hyped you may buy it to sell later, like Elon used to make tweets, smart traders will immediately buy the coins and wait for the bubble to hype up and once it has heated up nicely, they will just sell and get out of the market for the time being.
legendary
Activity: 2338
Merit: 1124
July 07, 2021, 02:48:10 PM
#68
You may be right in what you say, but for example Divi with its Masternode or staking you will always see its good returns no matter what the market is like.
You know what you are doing right is termed in the crypto world? It's called shilling.

Literally, all the posts you have made on the forum are in support of Divi which means you are either part of the team who don't have a standard budget so these guerilla marketing techniques are being used or you just are paid to shill around for it.

I don't ever invest in meme coins because look any project that doesn't have a long term vision is just being bought and sold for its price rather than its usability or the value it brings.
sr. member
Activity: 993
Merit: 250
Moonbet.io
July 07, 2021, 02:23:07 PM
#67
In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.
Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.
sr. member
Activity: 2030
Merit: 356
July 07, 2021, 02:04:49 PM
#66
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

I have made this thread on 14th may and warned everyone that do not run after Meme coin. We all have seen that as soon as the bitcoin dumps a bit, these meme coins just dumped like crazy. Even Elon Musk can't save the Doge coin in this mini bearish period. When you see all the meme coins and shit coins pumping like hell, it shows the end of bull season (for some time atleast).
full member
Activity: 887
Merit: 100
July 06, 2021, 02:28:57 PM
#65
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.
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