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Topic: coin memes don't have a project? Is it worth buying for the long term? - page 2. (Read 1051 times)

hero member
Activity: 1064
Merit: 501
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
A crypto investor should view altcoin investments as short-term, not long-term, plans. Only bitcoin should be considered for long-term investment strategies. The only way to profit from a memecoin investment is to invest it early and sell it soon after when there is profit. 

If memecoins are to be hodl  for a longer period, you run the risk of losing your money because memecoin prices will eventually have a big dump in price someday
sr. member
Activity: 1008
Merit: 366
Every project's success depends on the people involved in it. If they believe that they can take this project to a new height, they will keep pushing. Also, it depends on hype and trends. Once it wears off, the project is as good as dead. It may rise up again following some trend or something like that but it has no actual use case like other actual projects.
If you have some spare money lying around that you have no use for, you can use that to invest in meme coins. It should never be taken as a serious investment. You can invest that money and keep it aside for the next wave of trends or hype.
It is better to invest in something that is going to be profitable in the long run. To me, meme coins are just a waste of time, money and energy.
legendary
Activity: 3052
Merit: 1188
the reason I bought meme coin was that I only took advantage of short-term profits. I think most people do the same thing. Apart from that, I feel that meme coin is not worth holding for a long period of time, because the risks are very large, especially in large amounts. However, there are some people who are holding some meme coins, and hope that the price will go higher. However, they only hold popular meme coins such as Doge, Shiba, and others.
Most meme are better to take advantage of in the short term, because you don't know the one that'll survive and reach long term. If you want to gamble your money for high profit, then meme is for you, you just might pick a good one that multiply your investment many times over, and if it does, it's better to cash out, because you don't know whether the more you wait, it'll become worthless. For long term investment and better assurance and peace of mind in crypto investment, I'll be very comfortable to rely on bitcoin, because it has proven to be very profitable if you hold for a long time, also any top altcoin, is good to put money into, because just like bitcoin, they're also reliable and profitable.
If new meme coins yes but there are also old meme coins which can likely last for more months or years but why not just go for the old non-meme coins instead? As their potential to pump during a bull run is much higher because they have a strong technology. Old meme coins will mostly rely on luck and if someone decides to manipulate and hype them again.

To become greedy is not good even for the non meme coins. We don't want to lose the chance and wait longer again. So it's better if we can just grab the opportunity right away. Besides, we can still buy at the lows again right after it, because for sure many will also sell and that can cause a dip in the price of the coins.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Memecoins and long term? This two words can’t even be in the same sentence because they are contradicting. Memecoins is pretty much short term. In fact, some of the memecoins you see today may be really popular today but by tomorrow, they are all dead. If you feel the urge to invest in memecoins, just know it has to be short term, and my advice is that you use an amount that you can afford to lose because many times, people throw in everything just because they want to be rich overnight but may sometimes end up depressed.
most of the meme coin are short term indeed but there are certaily some meme coin that could hold on for long term take as example is doge coin, it already existed since very long ago but indeed its just 0.001% of all the meme coin present that could hold on for long so its more or less true that most of the meme coin are short term even more so for those meme coin that could only get themselves listed in none of the exchange and instead used dex as an alternative since they know themselves their coin are shit so they just use dex with low volume even those dex created specifically for shitcoins they are already doomed from the very start and investing in them will most likely to make the devs getting rich not the investors themselves, thats the thing with majority of meme coin, just some random ERC20 using some fancy name for marketing and at best getting listed in some dexes and call it a day.
Is Dogecoin an example or it’s directly the only memecoin with the long term potential?what I’m saying is, it’s only Dogecoin that may have the long term potential because Dogecoin has kind of shifted from the memecoin market as it has a lot more use case than just being a memecoin.

Memecoins and long term? This two words can’t even be in the same sentence because they are contradicting. Memecoins is pretty much short term. In fact, some of the memecoins you see today may be really popular today but by tomorrow, they are all dead. If you feel the urge to invest in memecoins, just know it has to be short term, and my advice is that you use an amount that you can afford to lose because many times, people throw in everything just because they want to be rich overnight but may sometimes end up depressed.
This, if a trader wants to take their chances with a meme coin they can do so, but at least they should set some ground rules to not ruin themselves in that process, rules that are as simple as not holding those coins for the long term, always be ready to sell your stash no matter what, at the first sign the developers may seem as if they are ready to exit scam then you need sell and only invest in those coins a small part of your capital, if a trader did this then even if they lost money with those coins their losses will be small, and they could easily recover them with their investment in bitcoin and other good coins.
I see you speak of developers and exit scam Irrespective of the fact that memecoins aren’t long term assets, I do not think that memecoins are scam though. Your messsage sounds like eventually developers always exit scam.
hero member
Activity: 2744
Merit: 588
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 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
The answer is 100% absolutely not worth it. People compare meme coins to the success of SHIBA and DOGE but they don't know that the chances are very small. There are thousands of meme coin projects today and there is still nothing like SHIBA and DOGE. Yesterday PEPE was said to be the next SHIBA but now look where they are now?

Shiba just got lucky with their market performance. But if you look at how they started here, it seemed that they were just a crappy project.
They didn't have proper ANN and they didn't even visit their thread. So don't let your hopes up on this one as well.
Maybe I can count on doge, because it has been widely used even before it was hyped up by Elon.
Though the fees are getting expensive also as compared before. But its existence is the one of the longest among meme coins/tokens.
sr. member
Activity: 1344
Merit: 335
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 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

The answer is 100% absolutely not worth it. People compare meme coins to the success of SHIBA and DOGE but they don't know that the chances are very small. There are thousands of meme coin projects today and there is still nothing like SHIBA and DOGE. Yesterday PEPE was said to be the next SHIBA but now look where they are now?
legendary
Activity: 2534
Merit: 1338
Memecoins and long term? This two words can’t even be in the same sentence because they are contradicting. Memecoins is pretty much short term. In fact, some of the memecoins you see today may be really popular today but by tomorrow, they are all dead. If you feel the urge to invest in memecoins, just know it has to be short term, and my advice is that you use an amount that you can afford to lose because many times, people throw in everything just because they want to be rich overnight but may sometimes end up depressed.
This, if a trader wants to take their chances with a meme coin they can do so, but at least they should set some ground rules to not ruin themselves in that process, rules that are as simple as not holding those coins for the long term, always be ready to sell your stash no matter what, at the first sign the developers may seem as if they are ready to exit scam then you need sell and only invest in those coins a small part of your capital, if a trader did this then even if they lost money with those coins their losses will be small, and they could easily recover them with their investment in bitcoin and other good coins.
newbie
Activity: 12
Merit: 0
As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
Memecoins have good stands in the market, though not all of them are worth investing on due to their volatility and vulnerability to bear season. Mentioning one of the powerful man in the world and also in the crypto industry, Elon Musk have caused many investors to fall back to trenches, like starting from square one and along the line, majority have smiled and boosted their portfolio, all thanks to Elon Musk for making me counts my first profits in the system, when he tweeted about Dogecoin and made the CEO of the projects, he boosted it with good promotions but he abandoned the projects and other projects he was working on in the system and tend to face his companies straightly.


Agree. Worth checking out $BRAIN https://www.brainlet.finance
Brainlet Finance is a meme token without the added volatility (due to tokenomics functionality).
Base 274.99% APY..... meme but real, which makes it even funnier
sr. member
Activity: 560
Merit: 326
the reason I bought meme coin was that I only took advantage of short-term profits. I think most people do the same thing. Apart from that, I feel that meme coin is not worth holding for a long period of time, because the risks are very large, especially in large amounts. However, there are some people who are holding some meme coins, and hope that the price will go higher. However, they only hold popular meme coins such as Doge, Shiba, and others.

Most meme are better to take advantage of in the short term, because you don't know the one that'll survive and reach long term. If you want to gamble your money for high profit, then meme is for you, you just might pick a good one that multiply your investment many times over, and if it does, it's better to cash out, because you don't know whether the more you wait, it'll become worthless. For long term investment and better assurance and peace of mind in crypto investment, I'll be very comfortable to rely on bitcoin, because it has proven to be very profitable if you hold for a long time, also any top altcoin, is good to put money into, because just like bitcoin, they're also reliable and profitable.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
Memecoins have good stands in the market, though not all of them are worth investing on due to their volatility and vulnerability to bear season. Mentioning one of the powerful man in the world and also in the crypto industry, Elon Musk have caused many investors to fall back to trenches, like starting from square one and along the line, majority have smiled and boosted their portfolio, all thanks to Elon Musk for making me counts my first profits in the system, when he tweeted about Dogecoin and made the CEO of the projects, he boosted it with good promotions but he abandoned the projects and other projects he was working on in the system and tend to face his companies straightly.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
Memecoins and long term? This two words can’t even be in the same sentence because they are contradicting. Memecoins is pretty much short term. In fact, some of the memecoins you see today may be really popular today but by tomorrow, they are all dead. If you feel the urge to invest in memecoins, just know it has to be short term, and my advice is that you use an amount that you can afford to lose because many times, people throw in everything just because they want to be rich overnight but may sometimes end up depressed.
most of the meme coin are short term indeed but there are certaily some meme coin that could hold on for long term take as example is doge coin, it already existed since very long ago but indeed its just 0.001% of all the meme coin present that could hold on for long so its more or less true that most of the meme coin are short term even more so for those meme coin that could only get themselves listed in none of the exchange and instead used dex as an alternative since they know themselves their coin are shit so they just use dex with low volume even those dex created specifically for shitcoins they are already doomed from the very start and investing in them will most likely to make the devs getting rich not the investors themselves, thats the thing with majority of meme coin, just some random ERC20 using some fancy name for marketing and at best getting listed in some dexes and call it a day.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Memecoins and long term? This two words can’t even be in the same sentence because they are contradicting. Memecoins is pretty much short term. In fact, some of the memecoins you see today may be really popular today but by tomorrow, they are all dead. If you feel the urge to invest in memecoins, just know it has to be short term, and my advice is that you use an amount that you can afford to lose because many times, people throw in everything just because they want to be rich overnight but may sometimes end up depressed.
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

Meme coins are really not good for the long term. It's better for you to gamble rather than buy meme coins. People who buy these coins are just fomos with the hype. I think I've also bought coins like Doge and Shiba, but I only held them for a few months because I was afraid of the risk. Very large
maybe the reason I bought meme coins was to get a profit of 1000x my capital, that's what made me interested at that time
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
In my opinion, meme coins are not worth buying in the long term because they do not have clear prospects. Like what happened with Dogecoin where people were very interested in buying because it was supported by Elon Musk but it didn't last long for the price to plummet once Elon Musk sold everything. Therefore, the fate of people who bought Dogecoin at that time is now that they are experiencing huge losses because the price continues to decline in the market.

Doge is a legendary coin, it could be said to be the oldest meme and still survives to this day, even though the price is less friendly, it can provide a surprise like when Elon bought it. and there is
It's also true what you said, the people who bought when Elon made Fomo are experiencing huge losses at the moment,
So be careful if you want to enter the crypto world which is based on meme coins
full member
Activity: 902
Merit: 112
nope, meme coins can not worthy investment in terms of long term, short term it can be profitable, i'm trading doge,pepe and shiba for short term, getting a little profit.
there are other no reason to buy it, if these are not real project so those can not run in long term, i don't recommended to buy for long term.
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
In my opinion, meme coins are not worth buying in the long term because they do not have clear prospects. Like what happened with Dogecoin where people were very interested in buying because it was supported by Elon Musk but it didn't last long for the price to plummet once Elon Musk sold everything. Therefore, the fate of people who bought Dogecoin at that time is now that they are experiencing huge losses because the price continues to decline in the market.
full member
Activity: 1442
Merit: 108
I can't say whether it's true or not, but even meme coins that have no future can be valuable if influencers or famous people are involved in them, crypto is a fomo and fud space that is very influenced by news or encouragement from famous people, for example Doge which was popularized by Elonmusk.
I agree, but most likely it won't last long because it's impossible for the influencer or rich person to continue to support it if it doesn't provide a large income for themselves. and the question is who wants to invest in an altcoin that has no utility and then the price rises and the hype just because it is supported by certain influencers or rich people?
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
If you are asking whether meme coins are worth buying for the long term, of course they are not, and it is not recommended to buy meme coins for the long term. Meme coins are only entertainment coins, of course entertainment can also be profitable if you take advantage of the moment, I personally bought meme coins to make short-term profits but with not a lot of money of course.

In my opinion, Pepe is good because Pepe's circulation supply has run out. The total supply is less than Shiba. The market capital is still low. CMC's ranking is still in the 90s. So the explosive potential could be much bigger than Doge or Shib. Personally, apart from Shib, Pepe is targeting accumulation installments in preparation for the 2024 bull run.
Entertainment apparently worths some money, did not expected that to be fair but that is what the market is saying. The reality is that if we take doge as an example, people are not saying "I will invest into doge and definitely will make a lot of money from it", they are saying "I am going to invest into doge because it is so much fun, and if I make a profit with it then that's even better", which is understandable, they want to have fun while investing, same logic was done with GME at stocks world and that was definitely fun, but that doesn't mean that we are going to end up with right approach each time, sometimes you want to have fun and will lose all your money, that is not really a good thing at all.

People should look for profit first, fun second when they are investing but not everyone is doing the same thing, so we are not going to really end up with something that should be all that crazy, it will just be something that should be profitable if they are right.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

In my opinion, meme coin that is worth it to buying and making a long-term investment is Dogecoin, because
1. Dogecoin has its own blockchain, so Dogecoin actually has the same function as Bitcoin
2. Dogecoin has a fairly high market cap and is in the top 10
3. Elon Musk supports Dogecoin and accepts payments using Dogecoin for Tesla purchases
so that's what makes me believe to investing in Dogecoin for the long term.
member
Activity: 416
Merit: 34
To be honest? No. But they are a good driven for profits maybe for a short to medium timeframe. Thats why if you are putting up some fund on meme dont go over invest and only put a little as much cause if this goes to roof at least you have some tokens of it and when you profited then convert to bitcoin or any more sensible project that has actually an objective and got some presence in the crypto market.

That's right, wise advice for those of us here who still don't understand the direction of investing in memes. In general, we always look at momentary benefits and not sustainable ones. Yes. and the idea of converting profits to buy BTC must be tried.
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