Before investing on meme coin or shitcoins consider this. - page 3.

WalkerIVIV

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Cryptocasino.com

Quote from: SlimShadyMmp on June 24, 2023, 04:31:11 PM

Memes are high-stake casinos more hotter than Vegas so I think the whole las-vegas situation will likely continue as far as crypto continue although it might be restricted I think people will keep creating them adding liquidity and pumping them I think is just like a joke coin people pick and then when their jokes are over the dump them Still some good memes still exist Doge and Shib and now Pepe

in short these coins are just pure speculation tool created for fun and also for the purpose of making instant profits.
there's nothing more to it than that and considering the general masses attraction towards get rich quick scheme it will persists for maybe eternity.

lobo13hf

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if someone wanna invests in meme coin they could just find some meme coins at early stage and settle with them, since being early bird will increase the chance of scoring some profits.
but if they don't find any, they could simply refrain their decision I think, it's as simple as that to be relatively on the winning side when it comes to meme coin investing.

Cling18

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Quote from: kingvirtus09 on June 24, 2023, 04:14:23 PM

Quote from: livingfree on May 20, 2023, 03:26:24 AM

Good advices but here's a thing or two about these people that have been investing into these and keeping the faith for their fate of being rich with those.

They won't listen to people's reminder that are worried and concerned about them. They'll continue to what they've been doing and no matter what reminders and tips you give them, they'll still give their best shot to it.

As they've been into, they'll only say that they afford to lose it and what if the investment they've made there will make them rich. Even so, they won't listen until they ran out of money.

Maybe in most people there are people who are really stubborn, because they will buy and keep buying for sure. Because there are and still are meme coins that can make anyone who trusts rich. Just like those who believed in Pepe coin.

Do you think if other pepe coin investors followed what others are saying here that it's just shitcoins they would be enjoying the money they made from pepe coins today? It means maybe as long as you know how to look for potential meme coins as long as you are sure of what you are choosing there is nothing wrong with that and do it. The bad thing is that you know it has potential but you still haven't bought it. If the market is unpredictable, it's the same with the selection of meme coins that we think are useless but in the end they are.

Some meme coins could probably be profitable during its hype but that couldn't change the fact that they are still meme coins. We can make profit from it if we know how to take advantage of the hype. If ever we gain profit due to their popularity, that doesn't mean that they already have a huge potential because we could only see the real potential of a coin on how it will survive in the long run. Most investors who make a profit from meme coins are early investors. Those who invested after the hype usually end up losing just like other meme coins that turned into rugs last year. Meme coins are for risk-takers but we shouldn't expect too much from them. If you want assurance, better invest with high-potential coins especially those that have proven a lot already

SlimShadyMmp

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COMBO 2.0

Memes are high-stake casinos more hotter than Vegas so I think the whole las-vegas situation will likely continue as far as crypto continue although it might be restricted I think people will keep creating them adding liquidity and pumping them I think is just like a joke coin people pick and then when their jokes are over the dump them Still some good memes still exist Doge and Shib and now Pepe

kingvirtus09

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OrangeFren.com

Quote from: livingfree on May 20, 2023, 03:26:24 AM

Good advices but here's a thing or two about these people that have been investing into these and keeping the faith for their fate of being rich with those.

They won't listen to people's reminder that are worried and concerned about them. They'll continue to what they've been doing and no matter what reminders and tips you give them, they'll still give their best shot to it.

As they've been into, they'll only say that they afford to lose it and what if the investment they've made there will make them rich. Even so, they won't listen until they ran out of money.

Maybe in most people there are people who are really stubborn, because they will buy and keep buying for sure. Because there are and still are meme coins that can make anyone who trusts rich. Just like those who believed in Pepe coin.

Do you think if other pepe coin investors followed what others are saying here that it's just shitcoins they would be enjoying the money they made from pepe coins today? It means maybe as long as you know how to look for potential meme coins as long as you are sure of what you are choosing there is nothing wrong with that and do it. The bad thing is that you know it has potential but you still haven't bought it. If the market is unpredictable, it's the same with the selection of meme coins that we think are useless but in the end they are.

usekevin

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The people spend huge time to earn 100 dollars,but they not ready to spend time to calculate before spending it.When you get 100 dollars from your salary and plan to increase the savings by investing in crypto currency.You need to do background verification of the project which you are going to inverse your money.Meme coin can be used to get short term profit and not fit for long term profit.

sulendra12

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: avp2306 on May 19, 2023, 10:52:20 PM

3. Be realistic and don't join the FOMO since this could lead up losing your money.

This is true especially on meme coins because most of the time people will join really late because many people already have gotten something from those meme coins, that just makes you losing more money because if you invest late to meme coins then the chance of you getting profit is really low or even zero because the price would be just stabilize and stagnant for a long time.

Quote from: avp2306 on May 19, 2023, 10:52:20 PM

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.

There are lot of threads on this forum regarding that topic especially the topics around meme coins, might be better to just avoid that.

wheelz1200

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This is all good advise but 99% of the people who buy these coins will ever listen to rational thought. Greed fuels the meme market. There is literally zero purpose to buy these coins except in the hopes someone or some group will pump it so you can dump it, greed. It's unfortunate that crypto got infected with these things but here we are.

gurunanakji777

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SOL.BIOKRIPT.COM

It is not easy to trap smart investors, whereas it is easy to trap newbies with fake promises. Meme coins and shit coins excel in marketing their projects and creating hype, which entices some investors to seek quick profits. However, the reality often turns out to be the opposite for most investors. I would emphasize the importance of trading with controlled greed and placing trust in reputable projects instead of meme coins projects, as excessive greed always leads to losses.

Doan9269

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Quote from: ?? on ??

You need to be more careful than ever in your pursuit of easy money. Personally, I don't prefer it. I have focused on web3 and AI projects, which are the technologies of the future, and Cirus is a good example for that.

On a normal ground, if you think you're not able to go for taking a risk in your investment on altcoins then it's more better and safer to stay and stick to bitcoin alone, you cannot afford to make an investment in which the risk involved is much higher than the potentials of making profits in it, some will end up loosing more money than making profits when they make a wrong choice of shitcoins investment without knowing.

lixer

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Quote from: Moshi Moshi on June 04, 2023, 04:03:33 AM

investing in memecoin is a very bad thought considering memecoin is not a good thing to invest in,
there is no technology, no product, and there is no great demand in the future,
so you will be in vain if you think about entering memecoin just following Fomo from people who want to profit themselves.

Well, you are probably right that it is completely useless to invest in a meme coin if you have already missed the train and the market is in FOMO mode already where most investors will only waste their money because the token will most likely plunge after that point, and when you invest in a meme coin, there are very slight chances for it to gain significant growth again in the future because the hype gets over and it is difficult for meme coins to gain hype again unless they are hyped by celebrities or famous people.

So it is better if someone simply invests the money in a project that has some potential for growth at the time of investment so that the money spent isn't wasted and the tokens aren't kept in the wallet for months without gaining any value at all.

WalkerIVIV

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Cryptocasino.com

investing in meme coin and shitcoin in general is like gambling and investing too much in it will spell destruction.
it's easy to figure out that these are just games and those investors aren't really investing honestly.

shinratensei_

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Quote from: Nrcewker on June 19, 2023, 12:05:12 PM

I would better advise not to invest in these types of coins, as these type of coins have a higher risk of getting losses. Yes its good when some big personalities or whales back them up, but never buy them from your own side. Moreover, these whales do the promotion only to gain profit for themselves. So yes I would completely advise you to not invest in these types of coins. They can make you rich overnight or just can make you bankrup in fraction of seconds. So invest wisely.

it's all just speculation in the perspective of many shitcoin investors out there, but i think if they knew the risk beforehand of losing their money
and they still goes on then i guess it's fair enough for them, after all some people just so eager in getting rich overnight.

Quote from: CryptoSlater on June 19, 2023, 05:09:47 PM

Why even discuss? Amazon made their AMZ token that's better than any meme and 99% of the rest.

sounds like a scam, cointelegraphfeed, what even is that? i think the site you shown trying to imitate cointelegraph, and i'm sure the coin you mentioned is worse than shitcoin since
it's basically scam coin, amazon will never release their token much more having it published in some unknown media like that.

CryptoSlater

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Why even discuss? Amazon made their AMZ token that's better than any meme and 99% of the rest.

Read:
https://cointelegraphfeed.com/?06-19-amazon-creating-token-june-23

Seriously, things like this don't happen so often

uneng

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Quote from: Kelvinid on June 19, 2023, 04:33:37 PM

Yes, OP developers will certainly promise good things, high rewards, etc to the investors in order to gain attraction and courage but after all, they'll make you suffer in the end. Many people enjoyed with hype, they make money actually but those who have entered during its peak had terribly lost their money.

That is because these hypes work on the same concept of ponzi and hyip schemes, where early investors are benefited and use their personal success to lure new investors into the investment. However, the ones who enter on its peak, who we can name late investors don't make any profit, because they are scammed by the platforms, which disappear like dust in the wind.

The difference between traditional ponzi plus hyips to shitcoins is that the final coup launched by devs is different. With shitcoins, they just drop large sums of tokens for sale on the market, making fast profit through the conversion their useless tokens to BTC or stablecoins, while investors remain with the tokens on their wallets, although they are priceless after all. On this aspect it's a smarter scam scheme compared to its outdated pairs.

Kelvinid

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win lambo...

Quote from: Nrcewker on June 19, 2023, 12:05:12 PM

I would better advise not to invest in these types of coins, as these type of coins have a higher risk of getting losses. Yes its good when some big personalities or whales back them up, but never buy them from your own side. Moreover, these whales do the promotion only to gain profit for themselves. So yes I would completely advise you to not invest in these types of coins. They can make you rich overnight or just can make you bankrup in fraction of seconds. So invest wisely.

Indeed right? Instead of having those things, why we should not choose potential coins with less risk and profitability? And we never waste our time searching what projects are legit or not.

Yes, OP developers will certainly promise good things, high rewards, etc to the investors in order to gain attraction and courage but after all, they'll make you suffer in the end. Many people enjoyed with hype, they make money actually but those who have entered during its peak had terribly lost their money.

freedomgo

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Playbet.io - Crypto Casino and Sportsbook

Quote from: Moshi Moshi on June 04, 2023, 04:03:33 AM

investing in memecoin is a very bad thought considering memecoin is not a good thing to invest in,
there is no technology, no product, and there is no great demand in the future,
so you will be in vain if you think about entering memecoin just following Fomo from people who want to profit themselves.

Can't really blame them because I know a lot of people who have been in the market for long now that still enjoys risking some of their funds by investing towards these meme coins especially that specific coin that has been gaining a lot of attention because of Elon Musk, you know what it is. Trust me, I tried to warn them and said some words that could discourage them but even that were wasted because they already knew their chances and risks, still, they are waiting for that hype train to arrive even if it will cost them money.

Nrcewker

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I would better advise not to invest in these types of coins, as these type of coins have a higher risk of getting losses. Yes its good when some big personalities or whales back them up, but never buy them from your own side. Moreover, these whales do the promotion only to gain profit for themselves. So yes I would completely advise you to not invest in these types of coins. They can make you rich overnight or just can make you bankrup in fraction of seconds. So invest wisely.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: hitsnorth on June 13, 2023, 12:01:00 AM

Nothing wrong with throwing a couple of dollars into something like that, indeed. You just have to be prepared for the outcome, you may not get anything at all and even lose what you invested. That's why I don't understand how can people invest hundreds and thousands of dollars in something like that.

A couple of dollars and what? like 6x times, make it twelve dollars. You would be happy with that? Truly not, you would be looking to turn 1000$ to 6000$ and thus you should not raise the topic of a "couple" of dollars more like a couple of grands. Roll Eyes

This ends up being a gamble if you weigh in the risks of altcoin trading and their past behavior in the market not being up to the mark or showing severe volatility. The bitcoin bet is a safer one but I guess the nature of traders is to take risks and they therefore do not go with the long term safer asset.

You could go around throwing a few dollars at every coin out there, but the net result will be that the exchange fees will eat up your profits. Tongue

bluebit25

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There are different criteria for evaluating a low quality project (shitcoin, memecoin, ..) in the crypto space. But the problem like following the trend, anonymous dev, low mc, hype with anything possible to get people's attention. However, if you don't come into contact and experience this, to look back on everything, it will be difficult to understand the problem that is happening, when participating in investment, people place great emphasis on high profits, so they will do it themselves overshadows the criteria for evaluation, and only failures will help them see the mistakes made. It's good that we always see people warning people, but as I said earlier experience helps us grow in this space.

Topic: Before investing on meme coin or shitcoins consider this. - page 3. (Read 1138 times)