Topic: Before investing on meme coin or shitcoins consider this. - page 4. (Read 1104 times)

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.

Some investors prefer to take risk investing on meme coins rather than the established one because of big profit in a short period if you're one of the early investors before the price increase. However, since many meme coins are existing it's also hard to spot the one that has potential to skyrocket. That's why investing in meme coins are not always profitable and more risky, you can earn huge but you can lose your money as well.

Thus, choose the project with real use case rather than a coins without utility. Do an extensive research and don't rely with suggestions because some of them are just shilling a coin since they invested on it and just want to hype for their own benefit.

more precisely meme coin is more suitable for short term investment and less suitable for long term investment as it has no utility.
but I think it's ok to invest $1 in a certain meme coin hoping in the future it will become like shiba or doge, and the previous $1 investment turns into $10K 

fair point i think only invest in meme coin when we can be sure we are among the earliest, moreover we also need to make some
observation and analysation in regard of the meme coin we gonna invested in, after all only very few meme coin gonna succeed.

its good for speculation but even then there are full of manipulations going around these meme coin in general.
I think the only good quality meme coin are those supported by famous figure like elon basically dogecoin and shib in which have already attained some massive market capitalisation in which
I doubt the capitalisation will be gone anytime soon.
if anyone out there thinking of investing in these meme coin they should consider their money lost, after all the speculation with meme coin have really small odd of you winning usually.

Meme coins, often driven by hype and social media trends, can experience extreme volatility and are susceptible to pump-and-dump schemes. These schemes involve artificially inflating the price of a coin through coordinated efforts, only to sell off quickly and leave other investors with significant losses. Many investors have indeed experienced substantial financial losses due to investing in such coins.

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, that's a good suggestion, and I think most people already understand this. however, due to the high hype and fluctuation, as well as the low price, people take advantage of the short of meme coins, and try to take profits there. It has a high risk with a fairly high return. however, the high risk of meme coins is a really high risk. we don't know when the coin will become completely worthless, because it is not recommended to hold it in the long term, especially for new meme coins.

the truth is that meme coins need a famous person to support the meme coin so that it can go up, the case of doge coin only went up a lot because it had a lot of support from a certain people that we all know his name and we all know that this billionaire person just started supporting doge coin because he couldn't manipulate bitcoin so he went to where he could easily manipulate it, this is something extremely dangerous for a coin, but as people just want to make a profit and are not worried about serious achievements like these

so people started buying meme coins and just want to know about their profits, things like whether or not someone is manipulating the meme currency or if it was a pump and dump scheme people don't care about that kind of thing i I am sometimes wondering if they are not afraid of losing all their money in this scheme, but when I see them on the internet saying that they have been holding a meme altcoin for many months, then I immediately understand that they are not worried about losses, that became a game for many people and not a long term investment, being seen as a game people only expect two outcomes
 
that are making a lot of money or losing a lot of money, they don't expect any other result than that. this is the view many people have of meme coins. don't look at meme coins as something serious that they hope will exist in a few years, that's not something that matters to people, at least that's what I could see

Buy during the green candle will become the worst idea. It will be dumped to the ground easily. think about that. Any dex has become the place where meme coin is trading since cex will not be listing the meme coin easily.
Im not surprising to see that happens with it. That's why dex was always become heaven for meme coin.

Investing in meme coins for long term is too risky and not worth it,
for sure it's not the right choice and in the end it's just a waste of time so consider it before doing that,
the best option is still investing in Bitcoin or Ethereum and it is much safer.

If one thinks of making money by investing in meme coins then it will be very foolish. I think we can buy meme coins as a hobby but it is not for long term holding then if one invests in it he will not be able to make money. We have to see that we should invest in all the coins that will make us profitable.

Most of the meme coins are no utility and absolutely no use in the long term.
But, If you are in a inner circle of meme coin (devs and their friends) then you can make serious money. If not then you will lose money.

Many people consider this a gem and think that they become rich from investing in meme coins. But instead, they are dragging themselves towards an investment that gives them losses. Maybe some investors who have a long market experience and already participating in hypes before could make a profit from this but for newbies, that's something I've worried about because there is a big chance that they would lose their money than make a profit. And much more for those who invest for long-term thinking it pump during the bull season.

For newbies this is very difficult to do, as they cannot stop to look for the biggest winners on the last 24 hours and they cannot help to think about all the money they could make if they just invested in those coins, but what they do not realize is that if they look for the same coin a few days later they will see that coin suffering massive losses during a 24 hour period, however since they believe themselves to me smart enough to sell before that then they cannot help themselves and keep looking for meme coins in which to invest.

So the thing is that buying on DEX exchanges is the most promising for memcoin gems hunters. While memcoin is not listed on CEX, it has not risen in price much and thus there is a chance to make money. This is a very delicate point and is more calculated on luck. If memcoin gets to the centralized exchange, your scenario with deletion because of the price difference is very unlikely. It makes no sense to pay exchanges a lot of money for listing your project to take all the liquidity out of it later. Such behavior of coins happens only on DEXs, because the cost of listing such projects is zero.

We all need to be careful in our decision regarding buying meme coins and holding for long term. I personally won't advise anyone to see meme coin as a good store of value because the market is basically a pump and dump scheme. The best approach us to trade the coin on a short term basis and always remember that this is not a financial advise as I'm only sharing an opinion.

Nahhh. Just don't invest into shitcoins. That's all.
You know that shitcoins are just there for the hype right? Why care to throw some of your money in investing into them if you already know that there's a huge risk if you're investing into it. Anyways, I will comment to all 5 that you said.

1. I don't know any shitcoins out there who have been lasted for like years in the crypto space because most of them are either a rug pull shitcoin, or just a dumped coin. As for meme coins, we've seen already DOGE, and SHIB that has been at the top in terms of market cap for years already especially DOGE, and now we are seeing a new meme coin in PEPE. Overall, I will not hold any of either meme coin or shitcoins for mid to long term.

2. I've seen some devs that has been into a project that has been considered one of the best by some investors, and has been trusted by them, but in the end, they lost their money. In general, whether it is a shitcoin, or a meme coin or just a new project, never ever trust the developers.

3. You will not learn unless you will either experience it yourself, or you will listen to the experience of others. Newbies are more often the ones who are getting FOMO'ed because of lack of experience, and knowledge as well. Anyway, FOMO is another way for an investor to lose their money.

4. At first place, why you let other people decide for your investment. As an investor, it's a must that you, and only you are the one that will decide with your own investments, and not others. If you follow other people with what they are saying, chances of you losing money is high, and you can't blame them if you followed them because they will say "Not a Financial Advice. Do at your own risk."

5. For an investor to be a smart one, s/he must learn anything not only Bitcoin, but in investing in general. All of the things that an investor must do in order for them not to get scammed. As for profits, unfortunately there are some investors who aren't contented on their profits, and they want to invest more as they gain profits. It's good for me that I learned how to be contented with regards to profits already because I believe that opportunities in cryptocurrency are happening more often than that on the stock market. Because crypto is more volatile, it has a higher chance for me, and for others to gain profit.

I must say that these tips are worth considering as the market is getting flooded with several meme tokens. If we look closely, we'll remember that it's the hype for dogecoin that resulted in this meme coin craze, but we need to understand that there's no value attached to meme coin, it's only a joke as its sounds and it would be careless to attach great importance and value to jokes.

there is reason some meme coins reserved some portion of their coins for "developing and marketing" purposes that's for them to get listed in exchange, I don't think most of meme coin will get real development going on after making their coin public anyway.
so basically the developers are just testing the water first, and sees whether their meme coin turns out to be success and generating massive liquidity from the liquidity added by the "potential" investors out there and dumps their coin for the opportunity of listing their token in famous exchange,
after all if they instead tries to dump their coin for their own purpose many would be alerted that this coin might be just scam and have the potential to make some rugpulls.
the exchange listing usually comes after the coin become famous.