Yes, that's right, don't be easily influenced by the hype of meme coins because the risks are very big, but if you are good at reading market conditions, then these meme coins can give you big profits, for example like shib and doge coins, even though the price of these coins is manipulated by someone, However, many people have benefited from the increase in meme coins, and it cannot be denied that currently there are still many crypto users who are trying their luck with these two meme coins, in essence taking advantage of opportunities with current market conditions.
Opportunities are provided in the market everyday, we just have to be consistent in whatever activities we've engaged in and trust me, there should be no turning back other than facing what's good and beneficial for us. We have hypes all over the market, I've learnt my lessons and I'm never going to repeat such steps again. Memecoins doesn't always results in the require expectations, rather we just keep hoping for excellent results which will turn out to be beneficial for us. Don't be move by memecoins because they're always trending in the market, though it brings enough opportunities to enable us to grab significant profits. 
Topic: Do not be pulled by the hype of meme coins (Read 1168 times)
Yes, that's right, don't be easily influenced by the hype of meme coins because the risks are very big, but if you are good at reading market conditions, then these meme coins can give you big profits, for example like shib and doge coins, even though the price of these coins is manipulated by someone, However, many people have benefited from the increase in meme coins, and it cannot be denied that currently there are still many crypto users who are trying their luck with these two meme coins, in essence taking advantage of opportunities with current market conditions.
Not just for Pepe's case but for most of the meme coins that have become popular, there's a lot of hype that's been made throughout the period of time. Take note of them that they've been built before the bull run and there's gotta be more coming this time and it's all up to their communities on how they're going to hype it. But if you're someone that have seen those hypes and the crazy pumps over the period of time, you may be excited or not interested at all on joining and buying these.
Many people will get deceived by the hype from this meme coins and ignorantly invest huge amount of money into buying this shitcoins that will end up bring regrets. Some people will decide to learn from experience after loosing their hard earned money while others will understand the lies and deceit in their hypes and avoid taking risky decisions into venturing a whole lot of money into memecoins.Memecoins at times can be profitable if we carefullly study the market and understand the basics of memecoins, at times even at our best study and observations we still experience loss, that is why it is highly recommended to enter into the market with funds that one can bear to loss. Mean while others are lucky enough to make huge amount of money from memecoins. Their decision and understanding on when to enter and when to sell off helps them become more successful.
I think this is an altcoin discussion and it's the perfect place to discuss it. Probably you are the one who is making the mistake here.
Probably when the thread was posted, it wasn't moved yet here.In the world of meme coins, at first glance, success seems to depend on hype and community size, which is highlighted by the case of Pepe.
Not just for Pepe's case but for most of the meme coins that have become popular, there's a lot of hype that's been made throughout the period of time. Take note of them that they've been built before the bull run and there's gotta be more coming this time and it's all up to their communities on how they're going to hype it. But if you're someone that have seen those hypes and the crazy pumps over the period of time, you may be excited or not interested at all on joining and buying these. 
This topic will be more appreciated at the altcoin section than here.
I think this is an altcoin discussion and it's the perfect place to discuss it. Probably you are the one who is making the mistake here.Then talking about those who venture into altcoin within just a hype of the project or even the community making too much promises without them understanding the real language of crypto. To me is a game of the wisest, meaning being smart enough could give you lots of opportunities than being just there thinking to make all profits by holding altcoin. I know those who hold for long always engaged their selves with holding bitcoin instead of altcoin. Moreover whatever called memecoin is a pump and dump which I won't encourage anyone to venture into it for long time investment.
That's actually correct, memecoin is a pump and dump and it's not encouraging. Why because memecoin one of the most deadliest altcoin. It is the most dangerous of the altcoin in crypto currency market. But one thing people usually do is that they classify all shitcoins and memecoin into altcoin, making altcoin look so bad where as it's not that bad like that. Even the speculation on altcoin I still see that most investors always use altcoin for fast transaction to scale through Bitcoin low network conjestion. Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.
The one who possesses massive capital power among the whales is the one who can move its price at will. If he wants to invest, he pumps the price; if he wants to sell, he dumps the price, affecting all holders of the meme coin who invested in it. Their decisions are not for any specific purpose or benefit the meme coin provides but rather to allow them to achieve unreasonable profits. I believe that, instead of risking capital in these shitcoins for trading or long-term investment, a person should put his funds in altcoins that are more useful and stable in the market. These altcoins offer essential features, solutions, and services needed for a massive user base. These investments are safer than memcoins, and their prices may multiply with the entry of the bull run, thanks to the valuable use cases they provide.I totally agree with your statement. We should invest in some project that has real usecase instead in some project that has no real value. No one wants to be the exit liquidity of a whale and in most cases, most meme projects dump on the investors money. What happens with meme project in the last bull run was just hype and i am not expecting any good out come from any existing meme project from the market. Doge, Shiba Inu and pepe all just lose their marketcap gradually.
Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.
The one who possesses massive capital power among the whales is the one who can move its price at will. If he wants to invest, he pumps the price; if he wants to sell, he dumps the price, affecting all holders of the meme coin who invested in it. Their decisions are not for any specific purpose or benefit the meme coin provides but rather to allow them to achieve unreasonable profits. I believe that, instead of risking capital in these shitcoins for trading or long-term investment, a person should put his funds in altcoins that are more useful and stable in the market. These altcoins offer essential features, solutions, and services needed for a massive user base. These investments are safer than memcoins, and their prices may multiply with the entry of the bull run, thanks to the valuable use cases they provide. Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.
Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.
In the world of meme coins, at first glance, success seems to depend on hype and community size, which is highlighted by the case of Pepe. However, as history has shown, success is not guaranteed and some coins, such as Lovehateinu, fail to live up to expectations despite receiving rave reviews. But you still need to catch the peak of the hype and trade on these coins, because you can grow normally on futures if you approach each trade wisely.
Meme coins are not your regular buy and hold kind of project. They are good for Short-term. One thing I came to understand in memecoins is that you need to act fast especially when the project start to pump really hard.
Memecoins are Short-term basis and require very little capital to dive in and possibly gain more than the initial investment. It is very risky and can be worth it, as long as you don't put a good amount you are good.
Memecoins are Short-term basis and require very little capital to dive in and possibly gain more than the initial investment. It is very risky and can be worth it, as long as you don't put a good amount you are good.
I agree with your opinion that to enter meme coin you have to do quick research and very mature analysis to enter there and it's true that memecoin is not suitable for the long term because memecoin can be said to be just hype, don't put all your money there, buy coins that can. make it long term like bitcoin. Memecoin can be said to be gambling because it can make you rich and can make you lose all your money because the risks are very big, don't be fomo about it or follow other people on the internet, be smart, do your own research.
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.
Some investors just wanted to ride on with the hype of some good meme coins by investing massively in some of them after earning some quick profits on the profitable ones consequently dump it and won't bother about the ones that failed having realized some profits from all their investment both the successful ones and failed ones unfortunately some newbie investors in their bid to make quick money after being being convinced that the hyped meme coin would be very successful they just invest blindly without any plan at the end incurred losses from their failed meme coins investment, personally I rather invest on reliable Altcoins instead of some shit coins. Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
I personally think the same about the meme coin you mentioned. Yes. a strong magnet may attract attention and generate short term excitement but its long term viability and potential return may be uncertain and non existent I think. My opinion, anyone here to focus on projects that demonstrate real value, innovative technology, and a strong development team. Save your money and your time, that it better.
Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.
Many are tempted by the benefits of meme coin, but the profit is only temporary and mostly because of the hype. I completely agree that holding meme coins for the long term is a huge mistake that has been made.No one can guarantee until now that any growth from meme coins will last for a long time but will usually disappear after the project runs a few moments later.Maybe only Doge is able to last long enough because of the influence of Elon Musk, who is still fighting for it, but will it continue? Of course, it's hard for anyone to guess. 
We must be thankful that Meme season has ended and yes we are now aware of what can happen if their time continues.
It has not ended but only became dormant. You see, these methods of scamming people has come from ICOs and their varied names like ITO/STO/IEO and other similar sounding offerings, though the basic concept has been the same, hype the crowd about some shit idea and then make them invest money in it while the investors exit and abandon the project in a pre-planned manner.This modus should be identified by every budding investor out there and avoided at all costs. Memecoins are no less and they have only made their owners and non-owning promoters rich and never the investors.
Meme coins are indeed fueled by hype and community enthusiasm. While some early investors and creators may profit, it's true that not everyone will get rich from them. Unlike other altcoins with stronger communities, meme coins often attract people looking for quick gains. It's crucial to be cautious and recognize the risks involved before jumping in. Quick money might be tempting, but it's essential to approach meme coins with a clear understanding that it's a high-risk and speculative venture.
Only the first one to join the boat on meme coins are going to profit from it. Let's say for example $Pepe. If you are one of those who found this meme before it exploded and you see the potential and then invest early, for sure you might have a earn a ton of profits when the hype reaches its peak.But after that, after all the selling, you might have to look for other meme coins. But that is the thing, it's very hard to found unless you are connected to the project itself. Nevertheless, I do believed that there are crypto enthusiast who really focus on meme coins and hunting them down for a quick turn around and get instant profits.
Good for me that I did manage to prevent from trusting Meme coin since day one , yeah there are some that truly make a great increase but majority are being pumped and dumped.
the Only meme coin that I come to trust way back is Dogecoin but that is a long time ago .
the Only meme coin that I come to trust way back is Dogecoin but that is a long time ago .
Meme coins are indeed fueled by hype and community enthusiasm. While some early investors and creators may profit, it's true that not everyone will get rich from them. Unlike other altcoins with stronger communities, meme coins often attract people looking for quick gains. It's crucial to be cautious and recognize the risks involved before jumping in. Quick money might be tempting, but it's essential to approach meme coins with a clear understanding that it's a high-risk and speculative venture.
We must be thankful that Meme season has ended and yes we are now aware of what can happen if their time continues. 
Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.
I dont know why many investors take meme coins too serious to me, meme coins shouldn't be taken as an investment rather it should be taken as a gamble, since their are best for short term speculations build only on hype without any ecosystem that could provide liquidity for their long term sustenance, and more or less we can say that meme coins should be taken as just a joke, which os the original motive for their creation, dogecoin is a good example of what a joke meme coins are.But if you know how to predict their market and are smart enough to pull out at the right time, it will help a lot in helping to make the best use of their pump mechanism, that is why we refer to meme coins as speculative assets.
As a buddy told me, these meme coins' unpredictability has let him make big gains quickly. He makes 10000% in a week on volatility. That being said, I admit that I havent been as successful with this investment strategy. Volatility and unpredictability are not for everyone.
Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.
I dont know why many investors take meme coins too serious to me, meme coins shouldn't be taken as an investment rather it should be taken as a gamble, since their are best for short term speculations build only on hype without any ecosystem that could provide liquidity for their long term sustenance, and more or less we can say that meme coins should be taken as just a joke, which os the original motive for their creation, dogecoin is a good example of what a joke meme coins are.But if you know how to predict their market and are smart enough to pull out at the right time, it will help a lot in helping to make the best use of their pump mechanism, that is why we refer to meme coins as speculative assets.
Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.
thats true, if someone know how meme coin really works, they would definitely refrain from investing in meme coin when its already known by many people because at that time investment would be futile attempt, nothing but an attempt to make the early birds even richer.its the game of early birds where if you could invest earlier you get the most out of it. so what to do against these meme coin? simple, just don't invest when you're too late, and you could easily avoid the potential lost thats usually certain for those that invests late.
As long as we always remember that most meme coins are very high risk, only a few of them can be said to be somehow okay for me like the Shiba inu, even if it just started for fun but in the long run it became serious it and we have seen the improvement and development made by its developer. While Pepecoin was brought by manipulators who at the same time are whale holders of pepecoins which in fact are higher risk than shiba Inu and Doge. so invest at your own risk anyway.
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