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Topic: Can you make money from meme coins? (Read 738 times)

member
Activity: 744
Merit: 10
Syntrum.com
February 27, 2022, 05:37:39 AM
So far, I only invest and choose memecoins like Babydoge and FEG, at that time the Marketcap was under $1 Million, now the price has gone up and I have made a profit, I am looking for memecoins that have a roadmap and a team that has good ideas for the future, because I have missed Doge and Shiba by selling those coins too fast, now i can learn from it and look for new altcoins for short term investment.
full member
Activity: 776
Merit: 101
PredX - AI-Powered Prediction Market
February 27, 2022, 03:31:23 AM
Of course we can benefit from Memecoin, but you have to be consistent and careful because investing with memecoin has a very high risk, therefore you have to look at the market situation when you want to start investing, but don't invest in memecoin for too long, because are  the price could fall suddenly  , and it took a long time to bounce back,
sr. member
Activity: 1022
Merit: 280
February 27, 2022, 02:29:18 AM
looking for profit on meme coin in my opinion has a big risk and I consider getting profit from meme coin is luck
but in my opinion if you want to get profit on meme coin look for good meme coins and not yet popular and go in early if you enter when it is already popular maybe the loss you will get.

Though investment in the meme coin is full of risk but sometimes it can give you more rewards as compared to the other coins. Think of dogecoin and shiba Inu, as both of them have given a lot of profits in the last year. But again there are many who are even stuck in these two meme coins as they have bought them near the all time high prices.
sr. member
Activity: 1092
Merit: 255
February 27, 2022, 01:33:10 AM
looking for profit on meme coin in my opinion has a big risk and I consider getting profit from meme coin is luck
but in my opinion if you want to get profit on meme coin look for good meme coins and not yet popular and go in early if you enter when it is already popular maybe the loss you will get.
full member
Activity: 518
Merit: 100
February 27, 2022, 01:12:01 AM
Op is promoting a meme coin which can be considered as okey cause others also do promotions. but the fact is, force coin seems scam and op trying to promoting this scam for his own benefit. Total Supply is 1 JEDI, is surprising to me. Its possible to make money from meme coins if it can be handle correctly during purchase or sell but don't found any options where people could make money with this scam.
If it is proven that what is promoted by the OP is a SCAM, then act immediately to inform everyone so that everyone ignores it and certain parties can also provide understanding to the OP so that he can realize that what he is promoting is a SCAM.

When you first click on this topic, there is already a warning message dispalyed. Hope this will help people not to fall for this meme coin scam.

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These warning banners will disappear when you have 7 days of login time. You should familiarize yourself with the trust system before then.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
February 27, 2022, 12:37:15 AM
Op is promoting a meme coin which can be considered as okey cause others also do promotions. but the fact is, force coin seems scam and op trying to promoting this scam for his own benefit. Total Supply is 1 JEDI, is surprising to me. Its possible to make money from meme coins if it can be handle correctly during purchase or sell but don't found any options where people could make money with this scam.
If it is proven that what is promoted by the OP is a SCAM, then act immediately to inform everyone so that everyone ignores it and certain parties can also provide understanding to the OP so that he can realize that what he is promoting is a SCAM.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
February 26, 2022, 11:54:41 PM
#99
I think meme coins are good luck and bad luck because meme coins are coins that are often called trash coins because of their unclear purpose but these coins are very easy going up often surprising so if meme goes up it's a luck for the holder and if it gets destroyed it's bad luck so if you hold the meme coin my advice don't get your hopes up.


Meme coins can give us profit if we are not greedy, meaning that if we buy meme coins and the price goes up we must immediately take profit.
Because if we hold it for too long, and expect a much bigger profit, it is likely that the price of meme coins will fall in price soon. Most of the meme
coins are used as a pump and dump by the whales for their personal gain, so investing in meme coins is only for the short term. Actually, we don't
need to rely on luck to be able to make a profit from meme coins, as long as we can do research and analysis correctly, we can predict when the time
to buy and sell.
For me, if you can make money, yes and only if the BTC begins to rise rapidly, and the meme currency community begins to get excited and put money into the market, causing the currency to rise in price, this will generate that many who know and they don't know the currency, buy it, because they know very well that the currency will rise more, and take advantage of this until they make their PUMP move, once they have done it, the best thing is to withdraw so that later it is not too late, at least I think that that is the best strategy.
full member
Activity: 799
Merit: 100
February 23, 2022, 06:54:14 PM
#98
Op is promoting a meme coin which can be considered as okey cause others also do promotions. but the fact is, force coin seems scam and op trying to promoting this scam for his own benefit. Total Supply is 1 JEDI, is surprising to me. Its possible to make money from meme coins if it can be handle correctly during purchase or sell but don't found any options where people could make money with this scam.
full member
Activity: 1250
Merit: 100
Education-Ecosystem
February 21, 2022, 04:02:24 PM
#97
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full member
Activity: 1736
Merit: 116
February 20, 2022, 08:27:55 AM
#96
I think meme coins are good luck and bad luck because meme coins are coins that are often called trash coins because of their unclear purpose but these coins are very easy going up often surprising so if meme goes up it's a luck for the holder and if it gets destroyed it's bad luck so if you hold the meme coin my advice don't get your hopes up.


Meme coins can give us profit if we are not greedy, meaning that if we buy meme coins and the price goes up we must immediately take profit.
Because if we hold it for too long, and expect a much bigger profit, it is likely that the price of meme coins will fall in price soon. Most of the meme
coins are used as a pump and dump by the whales for their personal gain, so investing in meme coins is only for the short term. Actually, we don't
need to rely on luck to be able to make a profit from meme coins, as long as we can do research and analysis correctly, we can predict when the time
to buy and sell.
full member
Activity: 628
Merit: 154
February 20, 2022, 08:12:24 AM
#95
I agree with what you said. Selecting the meme coins needs more research because most of them are scams and we will only send our money to them without having a chance to make money. Shiba and Safemoon are also meme coins but I feel that both are different because I see there is a development from the dev and team but I am not really sure if those meme coins can survive in the long term. If you want to invest in meme coins, I suggest you do not have a big hope to make a big profit like others because the time for meme coins can be over anytime. So maybe you should invest in other reliable coins or tokens.
There are no other meme coins back on the early days and that can be the reason why dogecoin survived but now that we already have a dogecoin and aside from dogecoin, the competition of meme coins are way too much. Shiba inu is a new meme coin but it is better than doge coin in terms of acceptance if we compare it from the old days of doge because shiba is now listed on several top exchangers like binance, coinbase and bitmart.

Cannot really tell if shiba coin is better investment than in doge because doge is still down and seem hard to get up but the security of investing in dogecoin is high because its old enough and wont be delisted easily.
hero member
Activity: 1540
Merit: 772
February 18, 2022, 12:36:43 AM
#94
The increase in meme coin price is just hype and I have absolutely no interest in meme coins so for me looking for profit on meme coins just makes my activity grow. It's up to what strategy you convey. It's better to focus on potential coins than meme coins to make money.

The memecoin are also potential coins, the idea here is just to make money so yes you can make money from memecoin, infact it is one of the fastest way to make money in the market as of recent although money made from memecoin are not guaranteed to be stable which means whenever you are in profit in any memecoin you have invested in, you have to take profit or get dumped on by the early investors.
Memecoin investment are very risky which is why people stay away from them but that does not mean, investors are not profiting from them.
What you say is not wrong. Many investors are profiting from meme coin quickly or slowly. But not with me and other investors who are not interested in using capital on meme coin. Because every investor is different in seeking profit and that must be understood.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
February 17, 2022, 12:30:31 AM
#93
The memecoin are also potential coins, the idea here is just to make money so yes you can make money from memecoin, infact it is one of the fastest way to make money in the market as of recent although money made from memecoin are not guaranteed to be stable which means whenever you are in profit in any memecoin you have invested in, you have to take profit or get dumped on by the early investors.
Memecoin investment are very risky which is why people stay away from them but that does not mean, investors are not profiting from them.
well, it's very clear we can make a lot of money from memecoin. however, we need to realize that the risk in memcoin is very large. it's true that there are already so many people who have benefited from memecoin in the early days of adopting memecoin. however, for now, I think it's worth considering. if you're still using your money, you might need to do some deep research before actually investing although I'm pretty sure the results are still ambiguous. Profiting from memecoin is tough, but the potential is huge. So, before investing, make sure that you are prepared to lose the money.
hero member
Activity: 1106
Merit: 570
February 17, 2022, 12:17:54 AM
#92
The increase in meme coin price is just hype and I have absolutely no interest in meme coins so for me looking for profit on meme coins just makes my activity grow. It's up to what strategy you convey. It's better to focus on potential coins than meme coins to make money.

The memecoin are also potential coins, the idea here is just to make money so yes you can make money from memecoin, infact it is one of the fastest way to make money in the market as of recent although money made from memecoin are not guaranteed to be stable which means whenever you are in profit in any memecoin you have invested in, you have to take profit or get dumped on by the early investors.
Memecoin investment are very risky which is why people stay away from them but that does not mean, investors are not profiting from them.
hero member
Activity: 1540
Merit: 772
February 16, 2022, 11:15:56 PM
#91
The increase in meme coin price is just hype and I have absolutely no interest in meme coins so for me looking for profit on meme coins just makes my activity grow. It's up to what strategy you convey. It's better to focus on potential coins than meme coins to make money.
full member
Activity: 1344
Merit: 102
February 16, 2022, 08:05:50 AM
#90
You can still make money from meme coins but it's difficult to find one that gives you a decent profit, you know the meme trend was over so it's really difficult to make money now. Seems you trying to shill a jedi meme coin I don't think if this one can make you money but if you really want to take risk investing in meme coin then good luck.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
February 16, 2022, 03:25:57 AM
#89
Whatever it is, you can make money, even the coin meme has a good trend although it often comes with dubious manipulations from Elon. 
I guess elon didn't do it. It must be another party who has been taking the advantage by doing manipulation to the price of meme token. Remember that elon was even investing in the doge coin and hodl it on his wallet. it has nothing to do with manipulating the doge coin. Elon was always shilling the meme token but it got limited into the doge coin and some times shiba inu. I never heard elon was mentioning another token. I think that your opinion about elon was manipulating the market was not true.
member
Activity: 1078
Merit: 12
February 16, 2022, 01:53:44 AM
#88
As investors, we have to be good at dividing our investment portion, meme coins is a trend that is still good and I'm sure it will continue, even though many meme coins die, and the easiest thing is to invest in new listed meme coins so that when the market skyrockets, we can immediately sell it and profits.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
February 16, 2022, 01:01:17 AM
#87
Personally I think that the chance to make money from meme coin is small. Look at DOGE, and look at SHIB, these two coins are like the top meme coins that we have in the market, but the both of them are not really encouraging at all. These two trended around last year, but the trend didn’t last for long and they were back to square one again.

Both of them are even finding it difficult to make a return to their higher price this year, and they’re not even showing any good signs at all that would encourage me as an investor to go for them at all. Meme coins for now are not for me, but if you should see one that you think is good, then it is up to you.

Do you know that Doge and shib are those coins which have given a lot of returns in 2021. Anyone who have investied in dogecoin prior to 2021, he must have make millions only by trading doge.
Meme coins are still worh investing but keep two things in mind.

1) Only invest limited amount in meme coins
2) do not invest when the meme coins have already raised a lot in price and wait for retracement.
newbie
Activity: 26
Merit: 0
February 16, 2022, 12:26:51 AM
#86
Meme coins are cryptocurrencies that have risen in popularity in a short period of time, usually as a result of influencers and retail investors promoting them online. Dogecoin is the original meme currency - it was created in 2013 as a joke based on a meme. It rose to fame after Elon Musk started tweeting about the cryptocurrency and retail investors started buying in droves. While it is possible to make money by investing in meme coins, this type of investment is incredibly risky and more similar to gambling than a real investment. If you  buy and sell at  the right time, you could make a profit. However, you are more likely to lose all or most of the money invested. A better strategy is to focus on investments that are likely to do well over the long term. Cryptocurrencies generally remain highly speculative, so no one knows how they will perform over time. But when investing in cryptocurrencies, make sure you choose coins that have fundamentals and stand the test of time. In my opinion, we can make more money from CRD Coin. So we should invest in this crypto.
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