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Topic: Diversify memecoin investments? (Read 436 times)

legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 08:53:18 PM
#65
I would rather a third option in which I would relocate half and half of those thousand dollars both in Dogecoin and Shiba Inu, I personally do not think the rest of those memecoins have enough track record for me to trust in their hype and fomo sentiment. On the other hand, It is already proven the  community behind both Shiba Inu and Dogecoin have already proven to be capable of driving the price of those coins to interesting bull runs, like the one we recently saw going on with Doge.
Community behind Pepe is more decadent in my opinion, itself the meme of Pepe the frog is kind of a decadent character within popular culture and on the internet, because how widely used he is.
copper member
Activity: 70
Merit: 1
September 29, 2024, 08:11:54 AM
#64
Honestly, I'm not interested in investing in memecoin because I don't dare to take big risks. Moreover, I'm not very good at choosing which memecoins have the potential to be profitable. Even though most people are interested in investing in memecoins in the hope of making big profits, so far I have focused more on investing in altcoins which have strong fundamentals and the potential risk is also very small.

Yeah, more expertise is needed to see low caps that would deliver in the end, and it's a very risky venture. Crypto degens exist in the space for a reason.
Alts are more reliable than them.
full member
Activity: 790
Merit: 112
September 29, 2024, 07:34:00 AM
#63
Honestly, I'm not interested in investing in memecoin because I don't dare to take big risks. Moreover, I'm not very good at choosing which memecoins have the potential to be profitable. Even though most people are interested in investing in memecoins in the hope of making big profits, so far I have focused more on investing in altcoins which have strong fundamentals and the potential risk is also very small.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
June 16, 2024, 07:05:27 AM
#62
I would consider it pure gambling if I invested like you. I won't rely solely on meme coins, for me, one meme coin is enough, and I will invest 80% in altcoins. I believe we should focus on AI, gaming, or RWA kind of coins because the market trend is currently favoring them.
Your portfolio is yours and my portfolio is mine. I just want to add another perspective in which I would invest most of the money into bitcoin and only allocate maybe 40% to altcoins.

I would probably invest in Solana and then try to find an up and rising altcoin at least just one to see where it can lead me. This of course will require massive studying and considerations.
It is better we diversify our portfolio and make sure that we are doing our bets to ride the bull even though the portfolio is not big as others. We all need to start little so that we can be able to ride the market and not keep doing what we make us lose completely especially when being greedy. As we are buying meme tokens , we should also consider other coins too because anything can happen in the market and what we are not expecting might happens to us anytime, anywhere!
full member
Activity: 2548
Merit: 217
June 16, 2024, 02:45:45 AM
#61
I would consider it pure gambling if I invested like you. I won't rely solely on meme coins, for me, one meme coin is enough, and I will invest 80% in altcoins. I believe we should focus on AI, gaming, or RWA kind of coins because the market trend is currently favoring them.
Your portfolio is yours and my portfolio is mine. I just want to add another perspective in which I would invest most of the money into bitcoin and only allocate maybe 40% to altcoins.

I would probably invest in Solana and then try to find an up and rising altcoin at least just one to see where it can lead me. This of course will require massive studying and considerations.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
June 16, 2024, 02:36:11 AM
#60
I would consider it pure gambling if I invested like you. I won't rely solely on meme coins, for me, one meme coin is enough, and I will invest 80% in altcoins. I believe we should focus on AI, gaming, or RWA kind of coins because the market trend is currently favoring them.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
June 16, 2024, 02:07:49 AM
#59
If you had to invest 1000€ into memes would you rather go for 1000€ Shiba Inu or
- 200€ Dogecoin
- 200€ Shiba Inu
- 200€ Pepe
- 200€ dogwifhat
- 200€ Bonk

?

I think you should stick with the most popular meme coins and not go for other meme coins. Meme coins are flooding the crypto market at the moment and will be delisted once investors make a profit from them.

Diversifying a portfolio is always a good option, but when it comes to meme coins investment; I would prefer to stick with only three meme coins.
I would go for Dogecoin, Shiba Inu, and Pepe.  Other meme coins are good for making money, but I have reservations. I will go with the popular choice.

You should note that meme coins investment is risky and you might lose money. So, if you have other altcoins in mind, I suggest you analyse them before making any decision.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
May 26, 2024, 12:00:28 PM
#58

That's not diversification if you are "diversifying" into only shitcoins. You have one main asset here: "shitcoin" and dogecoin is the king of all shitcoins so you don't really need to diversify further into the other shittier shitcoins. It doesn't make any sense to make a portfolio like that. If you want to have a diversified portfolio get some real altcoins like XMR, LTC and ETH.

Maybe you want to do a quick hit and run, if that's your goal then it doesn't matter what you are getting really. It is a gamble.

I agree with you. Investing in any shitcoin is a very risky bet. You could lose all your money. If it is your savings, make sure you keep around 50% in a safe place. Unless you don't mind losing 1000 euros. All meme coins do not guarantee that you will get returns of up to thousands of percent. You have the possibility to lose all your assets if the shitcoin project becomes a dead coin. But saving your money in bitcoin will guarantee the value of your assets for years.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
May 26, 2024, 09:55:14 AM
#57
if I had 1000€, I would not allocate 100% in meme coins but 50% in btc, 30% in top altcoins and the rest I would buy meme pepe and bonk, because in my opinion these two coins still have fomo and can be relied on to get profits short term, just my opinion
legendary
Activity: 3276
Merit: 2442
May 26, 2024, 09:50:30 AM
#56
If you had to invest 1000€ into memes would you rather go for 1000€ Shiba Inu or
- 200€ Dogecoin
- 200€ Shiba Inu
- 200€ Pepe
- 200€ dogwifhat
- 200€ Bonk

?

That's not diversification if you are "diversifying" into only shitcoins. You have one main asset here: "shitcoin" and dogecoin is the king of all shitcoins so you don't really need to diversify further into the other shittier shitcoins. It doesn't make any sense to make a portfolio like that. If you want to have a diversified portfolio get some real altcoins like XMR, LTC and ETH.

Maybe you want to do a quick hit and run, if that's your goal then it doesn't matter what you are getting really. It is a gamble.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 26, 2024, 09:44:55 AM
#55
diversifying meme coin does make sense but if you take into account the volatility, then it is even more urgent, the diversification example that you wrote below seems a lot more safer than just
putting the whole 1k to just one meme coin, who knows some of the meme coin you mentioned below by profit alone could surpass the profit from putting entire 1k into just one meme coin knowing that some of meme coin you mentione have lower market capital.

Memecoins are crazy in the sense the price goes wild anytime and generally there are cycle of rise and fall between different meme coins. Fundamentally meme coins are not much different from each other and the only thing that makes them valuable is trust and popularity. In my opinion, if you have to invest 1000 euro on meme coins, it's best to invest 100 euro each on top 10 meme coins by volume in last 7 days. It's what determines what people are buying. You just need to happen and one of them would keep rising multiple times now and than.
yeah the craziness of meme coin volatility makes it more logical to just diversify it, some of these meme coin have behaviour of suiddenly shooting up in prices.
making diversifying a lot more worth it, since its different thing altogether if compared with altcoin investment.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
May 26, 2024, 08:55:04 AM
#54
Memecoins are crazy in the sense the price goes wild anytime and generally there are cycle of rise and fall between different meme coins. Fundamentally meme coins are not much different from each other and the only thing that makes them valuable is trust and popularity. In my opinion, if you have to invest 1000 euro on meme coins, it's best to invest 100 euro each on top 10 meme coins by volume in last 7 days. It's what determines what people are buying. You just need to happen and one of them would keep rising multiple times now and than.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
May 26, 2024, 08:33:48 AM
#53
If you had to invest 1000€ into memes would you rather go for 1000€ Shiba Inu or
- 200€ Dogecoin
- 200€ Shiba Inu
- 200€ Pepe
- 200€ dogwifhat
- 200€ Bonk

?
Never every put all of your investments into a single meme coins that's the biggest mistake you would have ever done before into this crypto world. Memecoins are so unpredictable that investing your whole asset in it is no more than diving into an ocean in which you don't know whether there are whales of its safer inside.

Like you first check that is it a safer zone to dive or not that is what you do with your assets while investing into meme coins, you check what are the available options and then diversify your investment.
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
May 26, 2024, 05:09:32 AM
#52
None from each. Are we insane that we are thinking about diversifying MEME projects? I mean we are talking about meme here, do not invest into anything that is meme for future profit. What "meme" means was a joke, so you are investing into a joke, are you seriously considering that just because a few people made some money from it, you are going to end up making money from it as well?

There is no way that you would, and doing this just makes it change which coin you are going to lose money from and nothing else. I get that it may feel differently in most cases, but we are talking about nothing that will benefit you. Stay away from them as much as you can and do not invest into them, it will hurt your portfolio eventually.
Your absolutely right! I have tried as much as possible to convince people here about this memecoins but they seems to be missing the point as they took it in another way, most people feel I'm just a discouragement to their success so perhaps I have withdrawn from trying to let them know how this memecoins can be. I only advise them now to take responsibility of the result as they don't appreciate the other messages I send by letting them know the risk in memecoins.

Since most believe life is all about risk, they can keep trying as they want but personally I wouldn't put a dime in a project that is capable of disappearing within 24hrs.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 26, 2024, 04:19:54 AM
#51
None from each. Are we insane that we are thinking about diversifying MEME projects? I mean we are talking about meme here, do not invest into anything that is meme for future profit. What "meme" means was a joke, so you are investing into a joke, are you seriously considering that just because a few people made some money from it, you are going to end up making money from it as well?

There is no way that you would, and doing this just makes it change which coin you are going to lose money from and nothing else. I get that it may feel differently in most cases, but we are talking about nothing that will benefit you. Stay away from them as much as you can and do not invest into them, it will hurt your portfolio eventually.
member
Activity: 416
Merit: 34
May 22, 2024, 09:56:29 AM
#50
Well, if you have so much money for investment and you have mapped out 1k for memecoins, then your list is reasonable because they're all top memecoins, so I think that you can either share the meme fund into equal parts and invest, or invest more percentage on dogecoin and Shiba Inu.

If I were to place it on just one thing, namely on Doge. Firstly, there is only one zero number left, while the others still have mostly zeros.

I think Doge will quickly move towards $1 in the not too distant future. Whether it will soon become a reality or not, what is clear is that Doge has great potential in the future.


sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
May 22, 2024, 05:27:38 AM
#49
You’d be lucky to find a memecoin that is “surging”. If you were to buy a coin before everyone else, there’s really no guarantee that that coin will grow in the future. And if you buy a coin that is already increasing there’s also no guarantee that it would continue. It could drop in any second and memecoins are very risky in that sense.

Just try to pick out the best possible coins to that could give you the most returns but investing in most of them would not give you a higher chance of success.

There is no doubt that meme coins are one of the most risky investment sources but sometimes coins that have a trend go successful without any hurdles. Investment in meme coins is like gambling which does not guarantee your profit but still some people want to find a chance where they can increase their  money and meme coins is the only way to multiply your money quickly if your selected meme coins become worthy.

Only a few meme coins can give you profit therefore if you use little amount in meme coins then it's good but totally depending on meme coins and putting large amounts is nothing but a risk.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
May 22, 2024, 05:21:31 AM
#48
Sorry I didn’t mean that those 1k are my total portfolio , it’s just the part of it that I want to invest into memecoins
I think that in cryptocurrency, memecoins are like those spoilt brats that everyone tells their kids to beware of, so memes have been tagged with that reputation in the crypto market that investors are always advised to be very cautious before investing in them.

Well, if you have so much money for investment and you have mapped out 1k for memecoins, then your list is reasonable because they're all top memecoins, so I think that you can either share the meme fund into equal parts and invest, or invest more percentage on dogecoin and Shiba Inu.
They got lucky a few times, but crashed very hard, harder than most other coins and tokens, and yet they did not learn their lesson. I feel like they are the spoiled kid who bullies other kids, and whenever an adult slaps them around they go back crying to their mommy (Elon musk) and as soon as the adult leaves, the spoiled brat continues to bully other kids again, until another adult shows up and slaps them again.

This is a vicious cycle, they are aware that they are going to have a small window of opportunity to make money from this, and if they are right and can ride the hype wave then they could make some money, but if they are wrong, they will lose money more than anyone else except scams, which shows you how terrible these tokens are.
sr. member
Activity: 1512
Merit: 397
PredX - AI-Powered Prediction Market
May 21, 2024, 11:30:37 AM
#47

I'm not a fan of memes because of my past losses on new memes, but if the 1000€ is for memes, I'll go for memes that have proven themselves in the market. I'll have 80% on Doge, Shiba, and PEPE and 20% on Solana-based memes. I read that some memes on Solana have potential but are still risky, as so many developers just used the meme trend to rug-pull investors.
I experienced that myself. These memes don't have a utility. Anyone can create a meme and just pump it into the market. All they need is a huge pump and a group of marketers.

 

It's better to secure your money in a meme coin that already has a large community and can guarantee your assets. I personally will also choose PEPE SHIB and DOGE to store my assets. I would take around 400€ to invest in meme coins on the solana network. I heard that many people have made big profits there. I like risk but I am not greedy enough to spend all my money on risky assets.
member
Activity: 492
Merit: 48
May 21, 2024, 10:33:06 AM
#46
If you had to invest 1000€ into memes would you rather go for 1000€ Shiba Inu or
- 200€ Dogecoin
- 200€ Shiba Inu
- 200€ Pepe
- 200€ dogwifhat
- 200€ Bonk

?

I personally prefer to spread lots of hooks as you have written above. If only one coin goes all in, I think it's no longer the era except in BTC.

I see the pattern of coin increases no longer all at once. sometimes there is an earlier running characteristic. I think the step of dividing evenly if there are only 5 types is quite safe.


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