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Topic: Before investing on meme coin or shitcoins consider this. (Read 1104 times)

full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
People has craze about.memecoin. after seeing sudden pump, people thought it will pump more and thats why they invest temporary. Some can sell with low profit and some People stuck with that when memecoin stop pumping after they bought. But i think, nobody want to invest with shitcoin! I mean if you know a altcoin will be shitcoin and that Won't be profitable then why you investment? But some Crazy people invest and waiting for bull run and expecting heavy return. That madness. Thats why i always recommed to go with valuable coins
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
There are only two or three memecoins, which are established well and going on as trustworthy altcoins. And rest of memecoins are shitcoin and thats known to everyone. But high expectations makes people blind and they invest with memecoin as well as shitcoins without think of the consequence. And many have been go below with their Capital, for this reason. But i dont agree with all of your points. Point 2, Every project make promises, so based on promise you can't find out the shitcoin. Point 4 is fair but in this forum most of people are helpful and they suggest only top potential coins.
Not a single memecoin is trustworthy, because these are useless altcoins from which there is no practical use, and the cost of these coins is extremely inflated due to hype, news and rumors. The fact is that faith in these memecoins is based only on the basis of price speculation: they want to buy cheaper in order to sell more expensive as soon as the fools start buying it en masse. These are the consequences that people blinded by greed think about. Of course, there is not enough money for everyone, and therefore, whoever enters the game later gets a loss. Memecoins are more like pyramids in nature.

About points.
4. People are ready to help with advice, but the nuance is that there are many different points of view and try to understand which of the tips will turn out to be true. In general, people can be trivially wrong at times, therefore, relying 100% on the voiced promising coins is not at all an option.
hero member
Activity: 1106
Merit: 570
Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.

1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.

4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.

5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.


You have made a lot of sense in all you have written but this three points are where I want to contribute to, shit coin are increasing because scammers know investors are looking for quick ways to make profits and they won't be patience to wait on legit project to grow and give them profits that's why investors are looking for the quickest way to make profits through shitcoin.
Memecoins shoudn't be invested in for long term because they get pumped and dumped therefore after a pump in any meme coin that you have invested in, you should sell your coins and wait for the market to dump before you buy them again or move on from the investment as there's no certainty that the tokens will give you more profit because they can dump and not pump again.
It's okay to be optimistic about your investment but don't think that because people are saying a project is going to do well that It'll do just that, nobody knows which coin will do very well in the bull market. They're only guessing and their guess is just as good as yours. Investing in memecoin and getting profit is just luck, also secured your profits and wait for the market to correct.
full member
Activity: 799
Merit: 100
SOL.BIOKRIPT.COM
There are only two or three memecoins, which are established well and going on as trustworthy altcoins. And rest of memecoins are shitcoin and thats known to everyone. But high expectations makes people blind and they invest with memecoin as well as shitcoins without think of the consequence. And many have been go below with their Capital, for this reason. But i dont agree with all of your points. Point 2, Every project make promises, so based on promise you can't find out the shitcoin. Point 4 is fair but in this forum most of people are helpful and they suggest only top potential coins.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
It is true that many meme coins or shitcoins are created for the short term and may not serve a long term purpose. Many developers involved in such projects may intend to make a quick profit and leave the project. Therefore, it is important that we do careful research on the project before investing, and understand the long term goals of the coin.

long term investment should be out of the question honestly with these meme coin, we all know that even those that invests are basically just got swallowed by greed and get rich quick scheme.
you could always know that when people are investing out of the fact that they wanna get rich quick, it'd be massive disaster in the long term.
only if you could at least become among the early birds then it's worth it to invest otherwise it's not gonna give that much returns to you.
alas so many don't understand this and the victims of these meme coins in general always increase.
jr. member
Activity: 111
Merit: 1
Memecoins may offer the possibility of high returns, but they also come with high risks. Practice due diligence, do research, only invest expendable funds, and have a long-term investment horizon if pursuing memecoins. The potential for loss of entire investment is very high.

Just be sure to do your due diligence, you may consider some memecoins that now link to NFT and other utilities in a bid to raise sustenance. $L for example will be the first twitter  airdrop token, so it could enjoy sustenance from the platform.  It will also be enjoying exposure from exchanges like Mexc and Bitget,
hero member
Activity: 2814
Merit: 526
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1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.
SHIBA have been proven to survive for a bit long time even though it's called memecoin. There will be one or two of them that has this behavior, it doesn't matter anyway because it's still called memecoin and the only thing that they get recognized is through hype and engagement from the influencers, some of the memecoins survive because of the community.

2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.
The only thing that matters because they live up with the meme they are chasing for, for easy hype stuff. I don't really believe they would apply it in real world because of the behavior of this type of asset.

4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.
It's not limited to memecoins only but any altcoins you can find out there. Be careful with every suggestions you get in the internet.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
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thats true too much problems around investing in meme coin that sometimes I don't think its even worth it, heck even investing in most highest market capital meme coin are still giving some sense of
uneasiness due to the fact that these meme coin could lost their value within just a blink of an eye.
therefore investing in them would likely instead results in value, for some people that might be worth it considering the profit may outweigh the risk but then again that is only gonna happened in best scenario.
there's always chance that things might go wrong and instead the value plummeted so hard and cause massive loss.
Meme coin investing is risky but rewarding. Its like betting on a wild horse race without knowing the horses' records. Since such decisions include losing everything or generating a fortune, ambivalence generally surrounds them. Some coins climb meteorically, making you wish you were on that rocket.

Real investment relies on fundamentals, while speculation relies on price appreciation without respect to value. The latter includes meme coins. They lack institutional backing and real-world applications like Bitcoin and Ethereum. A market shock could devalue them.

Meme coins bring market unpredictability, making them entertaining. This shouldnt cloud the cautious investor's view. Investing wisely requires a well-balanced portfolio diversified across asset classes and risk levels.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly
Points you have explained, are really appreciable. Investing in meme coin or shitcoin will make people disappointed most of the time. When hype spread everywhere, then coin already get overprice. So buying that coin with such price will be Dangerous and so most of the time people lost their money. But not all altcoins are shitcoins. The points you have mentioned, eligible for all altcoins! Like new potential coins also promise development, listing, partnership and better future. If you don't believe anyone, you’ll miss to buy those potential coin with presale price but i suggest, its better to investment only top potential coins rather then memes or so called shitcoins
Memecoins are memecoins
-They dont have actual utility
-Unknown devs
-Shady contracts
-Everything is made up by hype and false promises
-Going with the trend

When it comes to holding then it isnt really that ideal, you should really know on when to hit and run and make money out of this. Dont go for long term because usually these projects
do only last up as early as 1 day or few hours. There some initial pump and hype and then eventually die after. If you are aiming on entering as early as possible then you can
but of course there's no assurance that you wouldn't really be making yourself get caught on the peak.


thats true too much problems around investing in meme coin that sometimes I don't think its even worth it, heck even investing in most highest market capital meme coin are still giving some sense of
uneasiness due to the fact that these meme coin could lost their value within just a blink of an eye.
therefore investing in them would likely instead results in value, for some people that might be worth it considering the profit may outweigh the risk but then again that is only gonna happened in best scenario.
there's always chance that things might go wrong and instead the value plummeted so hard and cause massive loss.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.[/b]
When you know when is the right time to enter and when is the right time to exit, then do it. Because it could be that you can really get quite a lot of money from the hype project. But if you are still guessing, still not ready for a number of things, stay away from investing in meme coins, because this will only make you lose big later. Investing in meme coins is very risky, how far can you control this risk? That's why understand our own abilities before investing in coins like this, otherwise we will regret it. Because our profits don't only come from luck, but from our ability. Actually.
if only determining such thing was that easy, most of meme coin outright shows some manipulation in which gonna heavily stray from the usual routines.
I don't think determining when to sell and when to accumulate or buy is gonna be that easy honestly.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.[/b]
When you know when is the right time to enter and when is the right time to exit, then do it. Because it could be that you can really get quite a lot of money from the hype project. But if you are still guessing, still not ready for a number of things, stay away from investing in meme coins, because this will only make you lose big later. Investing in meme coins is very risky, how far can you control this risk? That's why understand our own abilities before investing in coins like this, otherwise we will regret it. Because our profits don't only come from luck, but from our ability. Actually.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
It is true that many meme coins or shitcoins are created for the short term and may not serve a long term purpose. Many developers involved in such projects may intend to make a quick profit and leave the project. Therefore, it is important that we do careful research on the project before investing, and understand the long term goals of the coin.

then I think its pointless having research towards these meme coin in general since they are short lived, most likely abandoned within few months.
its just means that they are really bad investment, and thats unfortunately is the fact that most of meme coin getting abandoned after sometime.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly
Points you have explained, are really appreciable. Investing in meme coin or shitcoin will make people disappointed most of the time. When hype spread everywhere, then coin already get overprice. So buying that coin with such price will be Dangerous and so most of the time people lost their money. But not all altcoins are shitcoins. The points you have mentioned, eligible for all altcoins! Like new potential coins also promise development, listing, partnership and better future. If you don't believe anyone, you’ll miss to buy those potential coin with presale price but i suggest, its better to investment only top potential coins rather then memes or so called shitcoins
Memecoins are memecoins
-They dont have actual utility
-Unknown devs
-Shady contracts
-Everything is made up by hype and false promises
-Going with the trend

When it comes to holding then it isnt really that ideal, you should really know on when to hit and run and make money out of this. Dont go for long term because usually these projects
do only last up as early as 1 day or few hours. There some initial pump and hype and then eventually die after. If you are aiming on entering as early as possible then you can
but of course there's no assurance that you wouldn't really be making yourself get caught on the peak.

sr. member
Activity: 876
Merit: 253
Vave.com - Crypto Casino
Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly
Points you have explained, are really appreciable. Investing in meme coin or shitcoin will make people disappointed most of the time. When hype spread everywhere, then coin already get overprice. So buying that coin with such price will be Dangerous and so most of the time people lost their money. But not all altcoins are shitcoins. The points you have mentioned, eligible for all altcoins! Like new potential coins also promise development, listing, partnership and better future. If you don't believe anyone, you’ll miss to buy those potential coin with presale price but i suggest, its better to investment only top potential coins rather then memes or so called shitcoins
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
How about 6 points?

6. Never invest in meme coins or shitcoins, so as not to put your personal money at unreasonable risk.

The pursuit of easy money most often turns out to be a loss-making investment. There are proven, reliable and stable ways to invest in the crypto industry. Bitcoin or top altcoins as a last resort.

Buying shitcoins not only allows various scammers to get rich unreasonably, but also encourages this industry to create, promote and sell shitcoins. The more you buy, the more new shitcoins will appear. It's time to stop this by voting with your wallet, stopping encouraging and promoting distribution through stimulation with purchases. Avoid and don't buy shitcoins. For the sake of cleansing and healing the cryptoindustry. Against the backdrop of such projects, really worthwhile and useful projects are lost, which, due to shitcoins and memecoins, can't receive sufficient funding for development.
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
I think everyone knowing the meme coin not for long time investment even it can should make profits or loss in shorts time. Some of people holding meme coin but there more experts about it because they know when need to sales shitcoin. But if want long time hold then i hope you will loss your assets surely.
sr. member
Activity: 1512
Merit: 397
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I agree with you. And my advice is never to be greedy to pursue wealth and glory. Greed is something that becomes the beginning of one's downfall. Scammers take advantage of someone's desire to get rich instantly by promising multiple profits with minimal effort, namely joining their project. Many meme coin developers are like this. Capitalize on the hype and price then dump all their tokens and they are gone.

For the record, these developers will usually reappear in other meme coin projects....
hero member
Activity: 1316
Merit: 593
PredX - AI-Powered Prediction Market
Thanks and all that you mentioned are the best proactive measures to stay safe from being in the wrong cojn investments,  indeed the hype on meme coins have been on the increase lately and this point to one thing and that is a scam and dump party about to happen and a lot of investors are going to experience loses.

So best to avoid investing what you are not willing to gamble with,  in fact, don't take meme coins as investments rather take them as just gamble and stake only what you can afford to do away with, be hard the worst experience with hype and shitcoins and now we are educated enough not to ever take them seriously.
Meme coin was originally created for fun but nowadays when a world's top rich man like Elon Musk talks about meme coin it creates a lot of hype in the crypto market.  And Hughes investors jump on meme coin and the price of meme coin fluctuates in such a way that it behaves like a gamble.  So we should be careful of them.  If we are not careful about these and panic investing here with the intention of getting rich in a short period of time, it will surely put us in danger.  So of course we should analyze well with our own knowledge and invest somewhere
legendary
Activity: 2758
Merit: 1228
everyone should know investing in shitcoin in general speculative but also more of wasting money, only 1 out of 1000 gonna give you massive profits, everyone thinking they could become rich overnight are delusional unless they got really lucky.

100% agree, because investing in meme coin is very risky, so if you don't dare or don't want to take risks, then you better not invest in meme coin, because the risk of losing your money is very large, but if you are lucky, then of course the profit you get is also very large (high risk high return), so my advice is if you want to invest in meme coin then you must be prepared to lose the money that you invest and if you get profit then don't forget to sell it quickly and don't be greedy (hold for the long term), because the price of meme coin is very fast to dump.

Mostly meme coins are used not only for invsesting but for speculations. Memes comes only for few days and than people forget about them. The same situation is with meme coins. Thay just comes that some people will be able to earn money on them and then people forget about them and they die and many  people lose money on them.

People only speculate about them when they are about to launch since many want to buy it at early stage and also sell all they have once it been listed on exchange together with it gain huge hype from many people. But once after it done reaching the peak expect that many will exit on this together with the devs since they might create another project and for investor they find another alternative new one to continue their newly launch hunting schemes.
full member
Activity: 790
Merit: 112
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
It is true that many meme coins or shitcoins are created for the short term and may not serve a long term purpose. Many developers involved in such projects may intend to make a quick profit and leave the project. Therefore, it is important that we do careful research on the project before investing, and understand the long term goals of the coin.
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