Meme coin is very high risk than Altcoins and Bitcoin.
If want to buy with small amount i think Shiba Inu and Dogecoin is good because many good market list that coin.
Topic: coin memes don't have a project? Is it worth buying for the long term? - page 5. (Read 1051 times)
November 26, 2023, 03:55:09 AM
November 26, 2023, 03:30:40 AM
Lately, another meme coin which is Pepe hit another unremarkable market event which continuing the history-making of meme coins this year.
We can't deny that it drives too much interest in the community because many investors multiply their money in just a short period of time making others join as well. Many are still looking for it after the said event thinking that there is another meme coin that could make the same, so the search continues.
The question arises if this is worth investing in - and my answer is you should be cautious in investing with them as they are not good for long-term investing but just only during the hype.
Even if it is true that some people can achieve great results with those coins, it is better that people stay away from them, and this is because if you really think about it you will realize that those profits need to come from somewhere, but where? And they come from all of the people that invested late on the meme coin hoping to still obtain some profits but that basically invested at the peak of the pump, and the issue is that if the meme coin does not pump again then they will have no chance at all to ever recover their money. We can't deny that it drives too much interest in the community because many investors multiply their money in just a short period of time making others join as well. Many are still looking for it after the said event thinking that there is another meme coin that could make the same, so the search continues.
The question arises if this is worth investing in - and my answer is you should be cautious in investing with them as they are not good for long-term investing but just only during the hype.
November 25, 2023, 07:54:41 AM
Lately, another meme coin which is Pepe hit another unremarkable market event which continuing the history-making of meme coins this year.
We can't deny that it drives too much interest in the community because many investors multiply their money in just a short period of time making others join as well. Many are still looking for it after the said event thinking that there is another meme coin that could make the same, so the search continues.
The question arises if this is worth investing in - and my answer is you should be cautious in investing with them as they are not good for long-term investing but just only during the hype.
We can't deny that it drives too much interest in the community because many investors multiply their money in just a short period of time making others join as well. Many are still looking for it after the said event thinking that there is another meme coin that could make the same, so the search continues.
The question arises if this is worth investing in - and my answer is you should be cautious in investing with them as they are not good for long-term investing but just only during the hype.
November 25, 2023, 07:11:37 AM
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?
Most of those mentioned memecoins are pump and dump coins just buy low and sell high nothing as much majority of the coins prices are stagnant they ranges for a very long time therefore the best bet is to buy hodl and accumulate because once in a while they tend to pump especially if the price of Bitcoin pumps they do gain some volatility too, some investors invest mainly on memecoins having studied their price action with some research thus capitalize on any sudden surge or pump in their prices to make quick profits and waited for another opportunity thus continue the process in a cycle. 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?
November 25, 2023, 02:31:30 AM
Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
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. What is your reason for buying meme coin?
November 25, 2023, 02:10:40 AM
There is no clear usefulness to why this meme coins are brought into the market, like of what usefulnessis it that should make investors to keep the buying and selling going on for a long time. Most people now buy this memecoin at the very beginning of their sale to sell at the very listing
as soon they make those profit they take it and leave the project because there is no long span purpose of which the meme coins are generated so if all investors should remove there investment from it and nobody wants to buy, only the sell options there the big dumps begin sometimes even the Devs takes part into selling and dumping the price because they know in a close period the project won't be necessary.
Knowing all this then and still wanting to hold this memes for a long term is absolute madness because it won't avail to something good and you will only come back to see it already ruged and dumped
as soon they make those profit they take it and leave the project because there is no long span purpose of which the meme coins are generated so if all investors should remove there investment from it and nobody wants to buy, only the sell options there the big dumps begin sometimes even the Devs takes part into selling and dumping the price because they know in a close period the project won't be necessary.
Knowing all this then and still wanting to hold this memes for a long term is absolute madness because it won't avail to something good and you will only come back to see it already ruged and dumped
November 24, 2023, 04:57:37 PM
...What is your reason for buying meme coin?
The reason for buying a meme coin is always aimed at getting a big profit in a short time. Since this coin is not intended to be held for a long time, it is necessary to sell them when a certain price level is reached, otherwise you can transform from a trader into a long-term investor in an instant.
November 24, 2023, 12:48:21 PM
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?
There are so many meme projects especially new ones in the market now except you have not seen them since. There will be more meme projects too available by the time the bull market commenced. We should be looking at that because the meme community is becoming bigger and bigger and we might start to be making huge profits from them. Many investors are now investing in mem projects not minding the level of risks they will have to take but when the profits comes, it is always huge for holders. 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?
November 24, 2023, 12:18:53 PM
Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
What is your reason for buying meme coin?
Nope! Memecoins are meant for gambling. So you can invest in a memecoin for extremely shorter term. The moment the price hits your personal target, close your trade. Memecoins are not for long term investment.
I specifically stay out of the memecoins because I don't like such coins without utility. These coins are mainly making its creators rich. It is really not targeted for you to become rich. If you can make out some money in memecoin, consider yourself lucky!
November 24, 2023, 12:15:06 PM
MEME coins will never worth invest for the long term, it’s pumping for a certain period of time then it will go disappear. I think here all of them MEME coins you mentioned, DOGE is spacial one because first of all it’s a very old coin i mean it’s the first meme coin on the market i have seen since 2017, then it’s getting support by Elon Musk. People’s are crazy to invest in meme coins because they want to rich at overnight.
November 24, 2023, 10:46:40 AM
Meme coins are a risky way to get into cryptocurrency. Even though their organizations dont always have real projects, its hard to deny their appeal. In fact, this crazy interest was sparked by Elon Musk's support for Dogecoin. Are they good purchases for the long term? Their value comes mostly from the noise on social media and the enthusiasm, not from their usefulness or new technology. Why do people still buy them? Its fun and risky; they're betting on the current mood of culture rather than a big step forward in technology like Bitcoin.
Keep in mind that altcoins are very unstable; internet trends can make or break your wealth. Bitcoin, on the other hand, has a long history, innovative technology, and is becoming more and more accepted as a "digital gold." Bitcoin is the only cryptocurrency that can be used for serious investments and has long-term value. Memes? A exciting ride for people who like playing games with high risks.
Keep in mind that altcoins are very unstable; internet trends can make or break your wealth. Bitcoin, on the other hand, has a long history, innovative technology, and is becoming more and more accepted as a "digital gold." Bitcoin is the only cryptocurrency that can be used for serious investments and has long-term value. Memes? A exciting ride for people who like playing games with high risks.
November 24, 2023, 08:49:37 AM
Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
The fact that they have no use case and the too unclear direction of these projects, I don't think they are worthy enough to accumulate. What is your reason for buying meme coin?
Maybe some had seen it profitable due to its unbelievable price increase in its early days in the market which made many people become crazy believing that this would be their chance to become rich.
Some are investing blindly with these meme coins but soon they will realize the mistake they've been making.
If we have a reason for buying, we make sure also that we are choosing projects that carry potential, not just for fun.
November 24, 2023, 05:05:13 AM
Meme coins are the name of fun and do not have a clear purpose or use. Dogecoin became popular in 2021 because Elon Musk supported it but meme coins mostly succeed because people get excited about them. And mostly I think the whales manipulate them.
But thing is that buying meme coins is very risky because they can pump and dump quickly. Some people made a lot of money from meme coins when their value go up quickly. But the lost too if it will dump quickly.
But if you really want to invest in meme coin so you should make some research about them and on your personal decision you can make entry and can get profit or loss too. So be careful while investing in these kind of shit coins. And one more thing always invest those money which you have separated and if you lose it doesn't effect on your regular life.
But thing is that buying meme coins is very risky because they can pump and dump quickly. Some people made a lot of money from meme coins when their value go up quickly. But the lost too if it will dump quickly.
But if you really want to invest in meme coin so you should make some research about them and on your personal decision you can make entry and can get profit or loss too. So be careful while investing in these kind of shit coins. And one more thing always invest those money which you have separated and if you lose it doesn't effect on your regular life.
November 24, 2023, 04:07:58 AM
The only thing that pushes you to buy these coins is the banal desire to try your luck and hit the jackpot. Mem coins mean nothing and should not be taken seriously. It is an exciting sight to see such tokens begin to rapidly increase in value.
November 24, 2023, 03:29:50 AM
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?
Although Bitcoin investment is risky, Altcoin investment is more risky. But as the saying goes, where the risk is high, the gain is high. People have made huge profits investing in meme coins that have never seen the face of so much profit. Like Shibainu, Pepe, Dogecoin etc people have not got the amount of profit till now. This is why people are more interested in investing in meme coins. Meme coins can be purchased and held long term. Shibainu, Pepe, Dogecoin is expected to create a very nice market in 2025 If all these coins are bought by a small investor with 10-20 dollars for long term investment I always appreciate that investment. I thought to myself that I would buy some meme coins for $10 or $20 and hold them as a long-term investment if the market somehow pumped up, then I would make a huge profit out of it. 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?
November 24, 2023, 02:58:29 AM
...
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?
It is tempting you know but if we are very keen on their current performance, you will somehow then think that it was not worth for long-term investment. They are good during hype but they eventually dump after and we can never expect them to recover as nobody will be taking them back high again as their investors are selling their coins already during the surge. 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?
Investing in them is suicide because at the moment you miss the chance to sell them earlier while the project is hot, no way you earn a profit after but just losses.
November 24, 2023, 01:18:31 AM
A simple logic on investment.
If you don't know the reason why you needed to buy the asset, that's mean you don't have a ability to being investor. At least you know the basic information abou the project and is good or not by holding the token/coin.
If you ask other people, you will get various response.
Yes, someone's interest in investment is very different. Some people think that meme coin is a good coin to hold in the long term for the reason that it could follow in the footsteps of doge coin, especially for the popular meme coin. However, some people think that meme coins are not an ideal investment for the long term because of the huge risks, and I am on this side. If you want to invest in meme coins, don't do it for the long term. If you don't know the reason why you needed to buy the asset, that's mean you don't have a ability to being investor. At least you know the basic information abou the project and is good or not by holding the token/coin.
If you ask other people, you will get various response.
November 23, 2023, 10:16:42 PM
Most of the prominent meme coins thrive or survive based on community support. Among the coins you mentioned, there are still a few with real-world applications. For instance, Dogecoin (the pioneer of meme coins) has been widely used as a payment method on gambling and betting platforms for quite some time. As for Floki, it has introduced products like FlokiPlace, Floki Inuversity, FlokiFi Locker, and Valhalla (NFT Gaming Metaverse).
I find meme coins quite interesting as they contribute to attracting new participants to the market. However, for long-term sustainability, any coin should establish a certain use case, something meaningful for its users.
I find meme coins quite interesting as they contribute to attracting new participants to the market. However, for long-term sustainability, any coin should establish a certain use case, something meaningful for its users.
November 23, 2023, 10:08:20 PM
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?
I see no reason to hold meme coins other than the greed of investors and irrational traders and the dream of quick wealth that makes them risk their significant funds in these shitcoins. When these coins were launched in their early days and during the hype made through extensive marketing by influencers, holders and those fortunate enough made substantial fortunes through them. However, did everyone who invested in these meme coins over the long term seize these rare opportunities? Many believe that by investing in meme coins, they can achieve returns ranging from 100x to 1000x. They anticipate and hope for positive outcomes without considering that their prices can be manipulated by whales and market makers, leading to significant losses for investors in less than an hour. Also, new meme coin projects that have not gained considerable attention are considered more risky, as they may be prone to Rug pull scams. As for me, I prefer altcoins built on solid projects rather than engaging in meme coins based on frivolous matters. 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?
November 23, 2023, 08:43:53 PM
Elon Musk didn't support the use of Dogecoin. He just put it into hype because it is obvious that he has bags of it. And by the time that he was able to successfully shilled and hype it, that is when he has took profits from it.
People think that he does it for fun while it is true but, he wont just do it for fun alone but he has also done that for making quick money out of the market and that is why he loves doing it and likely to do it again this coming bull run.
People think that he does it for fun while it is true but, he wont just do it for fun alone but he has also done that for making quick money out of the market and that is why he loves doing it and likely to do it again this coming bull run.
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