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Topic: Do not be pulled by the hype of meme coins - page 4. (Read 1168 times)

sr. member
Activity: 1190
Merit: 250
COMBONetwork
The hype of the meme coin is indeed very extraordinary and can even exceed the hype of Bitcoin,
lots of memecoins that go up to 1000x when fomo arrives, like some time ago one of the hype memecoins is PEPE,
yes if you follow the Hype on PEPE and you buy it at the price is $0.000004354 then you are -77% from that price to the current PEPE price,
so it's better not to follow the Hype when everyone is FOMO.
member
Activity: 994
Merit: 14
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.

You are right. Memecoin are just too risky to invest in, especially if you are a beginner. But you can make a whole lot of money if you're lucky to invest early. Also, you can lose all your investment just within seconds. So, it's a big gamble.
full member
Activity: 1526
Merit: 111
Pepemo.vip
At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well yes there is many meme coins just that are hype. But there is big news for $Floki they have just become strategic partners with Binance pay.
This will affect billions of users world wide who has access to the exchange. I think this is very 'bullish' news for $Floki holders to be partners with biggest crypto exchange in the world.
https://www.tekedia.com/floki-announces-strategic-partnership-with-binance-pay/
full member
Activity: 518
Merit: 100
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.
your way of not following memecoin is correct, I have also done that since 2020 until now I have never bought any memecoin and hold this memecoin,
because I saw some of my friends experience rugpull on memecoin and I learned from there that memecoin that is currently hype should not touched.
sr. member
Activity: 2002
Merit: 250
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.
your steps are very good and I support that because indeed investing in memecoin can only be a disaster,
even in my opinion those who really get profit from there are people who gamble, because indeed 90% of memecoin doesn't mean anything,
I prefer altcoins which are true have products like Play To Earn, NFT, Metaverse or Web3.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

It's not when the hype is high on thie coins that we should go for them only, It's more safe to invest on memecoins than memetokens for those interested in some altcoins investment, but yet the research have to deepens, but just as you've said that the risk is too heavy for you to bear and makes ot more difficult for you to try investing in them, also you're right because as some are earnings many are also loosing depending on the coin they have invested.
Are there many meme coins to invest in? I know only dogecoin. All other coins that have had a high hype are tokens. I don't think there is much difference between a mem token and a mem coin. Both don't make any sense. If all altcoins are shitcoins, then meme coins are even more shitcoins.
hero member
Activity: 812
Merit: 560
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

It's not when the hype is high on thie coins that we should go for them only, It's more safe to invest on memecoins than memetokens for those interested in some altcoins investment, but yet the research have to deepens, but just as you've said that the risk is too heavy for you to bear and makes ot more difficult for you to try investing in them, also you're right because as some are earnings many are also loosing depending on the coin they have invested.
full member
Activity: 1251
Merit: 103
Buzz App - Spin wheel, farm rewards
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.
full member
Activity: 1048
Merit: 102
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.
member
Activity: 994
Merit: 14
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
Not only newbies mate but also even old investors are participating in the hyped because it is to admit that this kind of investment seems profiting if you can make it perfectly especially if you are an early investors who buy them at a cheap price and then sell during its peak.
Well, you are right about crypto investment being too risky and that is why I don't encourage people to join here unless they will understand the nature of the market and most of all if they are risk-takers.

In a way you are correct. I think recently I have some crypto OGs complaining of falling scam for a particular scam meme coin. They did their home work, crossed their ts and dotted their I, yet they still lost their funds.
The thing is on this space, you can never be careful enough.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !
Im gonna be disagree on that one, quite many people are getting rich out of it, even the recent meme coin that gets shilled by elon, there are some that invests early and turning around their money
from some investment of $50k into 1 million,i'm gonna say that's quite successful investment right there.
it's better to say that the amount of those that become rich out of it are significantly fewer than those that lose their money, but still regardless there are many that become successful out of it.
and usually they are the early birds of investing in these meme coin, sometimes i wonder why they are so good at investing in meme coin at early.
hero member
Activity: 1064
Merit: 501
I have never considered memecoin to be the kind of investment where someone can make and then profit from. Every time I hear about the hype around memecoins, I choose to ignore it since it will pass quickly and people who invested out of FOMO will held themselves responsible for their poor decisions in investing in memecoins.

Investing in memecoins is a high-stakes game where you can't be certain of its price tomorrow, whether its value will decline into nothingness or be dumped by its early investors or owners when there are profits because they are the ones who have a significant amount of memecoins and even purchased at its low price.
hero member
Activity: 2982
Merit: 610
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
Not only newbies mate but also even old investors are participating in the hyped because it is to admit that this kind of investment seems profiting if you can make it perfectly especially if you are an early investors who buy them at a cheap price and then sell during its peak.
Well, you are right about crypto investment being too risky and that is why I don't encourage people to join here unless they will understand the nature of the market and most of all if they are risk-takers.
member
Activity: 994
Merit: 14
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !
I think it would not be 100% correct to say that no one has been successful or gained profit from meme coin. From my own experience there are many people who have made huge profits from meme coin. But to be honest its number is very limited. And besides, it is best to avoid meme coin due to its high risk. Most people out of 100% face losses while investing in this meme coin. And for those who gain profit, if they do not take the right action at the right time, then it does not sustain. So it is better to make a long term investment rather than investing in meme coin, and it must be in a top currency.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !
newbie
Activity: 7
Merit: 0
I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors
following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.

The truth is that if you're to buy a memecoin, don't get in when the market is already hyped or pumped because any moment from then may leads to bear moves and it begins to come down as well thesame way it went up and if care is not taken that you also didn't sell to release them quickly, the coin may go completely down and never rises again especially during the time it large percentage investors withdraws their investment on it.

I've witnessed the unfortunate reality of projects being rug pulled within just 30 minutes, even after developers claim to renounce ownership. Through my experiences, I've seen both sides of the coin.

What has been working for me lately is this: If you're interested in a meme coin, make your entry within the first two minutes, or avoid it altogether.
newbie
Activity: 7
Merit: 0
If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any)...
Buyers are currently facing confusion regarding the true meaning of DYOR (Do Your Own Research). Altcoins employ various strategies such as KYC, SAFU, influencers, Twitter and Telegram bots, paid high points on DEX, and CEX listing poor coins.

My perspective: Seek out projects in incubation that aren't reliant on influencers or hype. Join communities early, engage actively, ask questions, and observe closely. Invest only what you can afford to lose and remain vigilant. Don't rely on followers/subscribers count.

Bonus: Trust teams with exposed profiles (e.g., LinkedIn) and assess their past activities.
hero member
Activity: 812
Merit: 560
I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors
following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.

The truth is that if you're to buy a memecoin, don't get in when the market is already hyped or pumped because any moment from then may leads to bear moves and it begins to come down as well thesame way it went up and if care is not taken that you also didn't sell to release them quickly, the coin may go completely down and never rises again especially during the time it large percentage investors withdraws their investment on it.
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