Can you make money from meme coins? - page 5.

dansus021

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first of all are u trying to shill forcetoken Grin

in my opinion trade world is evil hahahha if u sell there's people buy not all of them turn into profitable,but yes you can make money from meme coin remember shiba inu, safemoon, dogecoin all the HYPE of memecoin after ElonMusk tweet i have bunch a friend that made couple dollar into thousand because of memecoin but there is lot people also suffered from memecoin including me Cry

try do you own research and in my opinion stay away from meme coin that doesnt have big marketcap

lienfaye

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You can only make money from meme coins if you buy the one that will pump hard in the coming days. But not all meme coins has the same fate majority of them are not going to increase for the reason lacking of investors and popularity.

Quote from: bittraffic on January 01, 2022, 10:02:09 AM

This Forcetoken doesn't resemble a dog meme coin, I highly doubt this will attract to grow a community. The funny part of this project is the roadmap because shilling is part of it lol the dev team is sure honest about what they do.

The Dev is honest to encourage the community to shill this token. But meme coins are not as popular as before plus you're right its not a dog meme coin, not quite attractive.

Traderbtcc

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Of course,you can definitely make money by investing in meme coins, the likes of dogecoin, Shiba and floki is a nice example of good meme coins which are worth buying, but I would advice you to be careful, since they are meme coins with no real project behind it, I think it would be wise to Invest in L1s since they always trend from time to time, example bnb, avax, Luna and Near etc, all this are good L1s to invest in, although since some of them have skyrocketed in prices I think Near is the least priced coin there and it has alot of potential to become the new major blockchain, I think it would be nice to bag more of it, anyway don't forget to DYOR.

tvplus006

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Quote from: fadil46 on January 01, 2022, 11:18:57 AM

Quote from: BitKongy on January 01, 2022, 10:44:52 AM

80% of my gains this year came from meme coins but at one point I got tired of them because Devs and scammers focus more on this use case now than anything, it's just a money making opportunity for them now so I stopped investing money on them as they get more unsafe to invest money on

Actually this has been said repeatedly by many people in this forum, where investing in meme coins is a very big risk and every meme coin is not always suitable to choose especially for the long term, so it is very good if you start to stop buying meme coin now.

In any case, those who invested their funds in the coin meme at the initial stage received a large profit, which is not comparable to the profit received from other altcoins. It is enough to recall the Shiba Inu coin, the price of which has increased over the past year from $0.000000000001 to a maximum price of $0.00008. That is, having bought Shiba for $100 last year, you could get a profit equal to $8 million. And as long as this is possible, people will continue to buy meme coins, despite the high risks of losing their money.

BIT-BENDER

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I would have to be Frank, even though I am not a big fan of memecoin. Memecoins has really made millionaires and is probably still going to make more millionaires but what i don't admire the fact that memecoins are springing up here and there all claiming to be the next big thing, but really are trying to take advantage of the success from previously successful memecoin project and I think majority of new project coming in are memecoins so all this looks fake and risky to me.

doomloop

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Quote from: boby1988 on January 01, 2022, 09:47:37 AM

In 2021, meme coins have skyrocketed, both in value and in variety.

After the success of some meme coin, and with the increasing acceptance of crypto in general, the market is booming with meme coins.

As for this new token that you are talking about, force token, I don’t know much about this one but it seems like you are one of them (the team) and what you are doing seems like you’re shilling the project. But whatever, if people are able to see that the project is good enough, then it might grow, but if they don’t see the need for it then it’s probably not going to be a success for the team. I would say that it is best for the team to put in hard work and also follow the right strategy of doing things to promote this token.

smartaction

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Quote from: fadil46 on January 01, 2022, 11:18:57 AM

Quote from: BitKongy on January 01, 2022, 10:44:52 AM

80% of my gains this year came from meme coins but at one point I got tired of them because Devs and scammers focus more on this use case now than anything, it's just a money making opportunity for them now so I stopped investing money on them as they get more unsafe to invest money on

Actually this has been said repeatedly by many people in this forum, where investing in meme coins is a very big risk and every meme coin is not always suitable to choose especially for the long term, so it is very good if you start to stop buying meme coin now.

Few month ago there was a lot of hype about meme coins. At that time there were many opportunities to get big profit from meme coins. But now that hype is gone. Now everyone is thinking about Metavers. So if we want to get better profit now, you have to focus on Metaverse project

nitin8263

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Yes we can make money from meme coins but we have to very carefully trade in meme coins, in my view if we should exit 90 % portfolio of meme coins when you get after to get a 50-80% gain and should leave 10% investment for long term because meme coins are not a stable coins.

mindrust

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Memes are the best thing that happened to us in the last 10 years. Whoever can monetize it better, will be rich. Doge/4Chan saw this and they played their cards right and won big time. Elon saw it too. That's why he is a meme-lord winning so much with Tesla/Doge.

The society simply can not live without memes. I believe they are more important than water & food.

Look at this one:

This is art.

cryptoaddictchie

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Quote from: BitKongy on January 01, 2022, 10:44:52 AM

80% of my gains this year came from meme coins but at one point I got tired of them because Devs and scammers focus more on this use case now than anything, it's just a money making opportunity for them now so I stopped investing money on them as they get more unsafe to invest money on

Actually I did some gains too on memecoin, but that's are probably pure luck. It's quite hard to get some profits on these kind of projects unless you are too early when they started and exit at a good liquidity. Problem with this kind is the late comers are the one suffer entering the scene with so much hype and get toasted and losses their money. Its not also good to dump on these guys. So better to find or secure a more meme coin that is worth to ape.

MCcryptonia

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Yes you can make money from even the most shitty coins in crypto space, the trick is make sure the teams are atleast real and buy few days after their launch date, the winners in meme coins investment are those that buy at early release date then sell weeks later, don't mind those who are going to call you paper hands

elisabetheva

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I think coin memes are used to it, always helped by strong support from influential people or the community so that they can produce, as happened with coin doge.
so there will always be a chance it can happen to coin memes
to be able to also produce.

but it can't be expected that there will be incidents like this continuously because it must also be from the coin meme itself, it must be able to develop itself and so far it has not been seen or there is no intention to do so. so in the end, many people think about doing nothing with coin memes without any change.

blockman

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Quote from: BitKongy on January 01, 2022, 10:44:52 AM

80% of my gains this year came from meme coins but at one point I got tired of them because Devs and scammers focus more on this use case now than anything, it's just a money making opportunity for them now so I stopped investing money on them as they get more unsafe to invest money on

The others are like you, as long as there's a profit opportunity for meme coins, they won't stop. It's good to see that you've made 80% of your profit through meme coins.
And now that you've come to realize that many of them are not that good anymore, it's for you to decide to stop and see the better opportunities in investing with reputable cryptocurrencies.

rhomelmabini

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You can make money on meme coins if they are backed strongly by the community and we such things on that with the likes of DOGE and SHIBA INU tokens/coins. I think meme only has momentum when they are being shilled but for use cases like it could impact the world I don't think that will last a lifetime.

Kavelj22

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Quote from: fadil46 on January 01, 2022, 11:18:57 AM

Quote from: BitKongy on January 01, 2022, 10:44:52 AM

80% of my gains this year came from meme coins but at one point I got tired of them because Devs and scammers focus more on this use case now than anything, it's just a money making opportunity for them now so I stopped investing money on them as they get more unsafe to invest money on

Actually this has been said repeatedly by many people in this forum, where investing in meme coins is a very big risk and every meme coin is not always suitable to choose especially for the long term, so it is very good if you start to stop buying meme coin now.

Those meme coins were first made to be an instrument for Trading. They haven't any other utility. Users are not aware about this as they don't know what utility the other tokens have.
The problem gets bigger when to see a public figure like Elon Musk tweets about Doge and even announce that he will accept it as a payment method which double its price. Also in this case, users are not aware that Elon is about to generate some extra incomes from his twitter account.

crzy

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Meme token was very active in 2021, many was able to trade it actively and I personally earn some money as well witht the meme token, so I know to myself that I can really make money on meme tokens because of too much hype on this. Many meme tokens are still active, you just have to trade carefully and analyze well if that meme tokens has a good community because for sure they'll pump again once the market recovers.

isaac_clarke22

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OP has a negative trust of promoting and advertising a scam. What makes this not another attempt to scam people all over again?
People should stop hyping up these meme coins. It's not going to do you good in the long run and you would just complain in the end that the price just dried, due to "hype drain".
Seemingly these people are those following popular celebrities in Twitter shilling coins and it saddens me.

Johnyz

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Quote from: Woodie on January 01, 2022, 02:19:22 PM

For starters meme coins arent any different from the other elite coins such as bitcoin, ethereum, binance coin you name them.... If the coin is listed on an exchange with liquidity and has a large community then those are some of the conditions that can make it easy to make money off a project or meme coin .

Most probably this are DOGE and SHIB so I can really say that you can make money here, you just need to know how to timing the market properly and its the job of every newbie to keep on studying so they can know how the trading works. Meme token is fine as long as you move fast, just take profit always.

Woodie

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For starters meme coins arent any different from the other elite coins such as bitcoin, ethereum, binance coin you name them.... If the coin is listed on an exchange with liquidity and has a large community then those are some of the conditions that can make it easy to make money off a project or meme coin .

super bako

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Quote from: fadil46 on January 01, 2022, 11:18:57 AM

Quote from: BitKongy on January 01, 2022, 10:44:52 AM

80% of my gains this year came from meme coins but at one point I got tired of them because Devs and scammers focus more on this use case now than anything, it's just a money making opportunity for them now so I stopped investing money on them as they get more unsafe to invest money on

Actually this has been said repeatedly by many people in this forum, where investing in meme coins is a very big risk and every meme coin is not always suitable to choose especially for the long term, so it is very good if you start to stop buying meme coin now.

there are many people who have different traits. Of the many people who always ask about shitcoin with a significant 1000x increase, that's part of the exaggeration. which ended in destruction that happened. a lot of other people around them were devastated for buying shitcoin but it didn't become an example thing. they refuse advice from people who have fallen from the world of shitcoin?

Topic: Can you make money from meme coins? - page 5. (Read 738 times)