Do you like Meme Coins ? - page 5. | Bitcointalksearch.org

QueenVera

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Quote from: noormcs5 on May 14, 2023, 12:56:17 AM

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

You don't have to like a project to invest in it and profit. I didn't like Solana when it came out but that didn't stop me from investing as I knew it'll get hype and get lots of support from the big players in the market. I wasn't wrong and I made good profit from Solana.
Memecoins are good for investment but you have to be extremely careful even more than your investing in the normal altcoins that have good product. Memecoins should be invested in with very little money so if the coin doesn't get the recognition it needs to grow you won't lose.
Not every memecoin is good for purchase as some are just scams from the begining and not planning on doing anything to the developments of the project. Why Shiba and doge gained recognition is because the developers are always working on the project.

Yogee

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Quote from: noormcs5 on May 14, 2023, 12:56:17 AM

[....] understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

It's a fact.

It's not about liking but it's whether you're willing to play with it and risk your money or not. Some lucky risk takers definitely loves it when their early gamble on meme tokens finally pays off. Exchanges are also loving them since they can generate high transaction volumes. I read that Binance is considering listing of Ordinals.

I personally won't take them seriously but don't mind spending a $100 on a "lottery ticket" once in a while.

yazher

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Meme coins are something you don't want to invest in if you are looking for some project that has a bright future because of their ongoing significant development and updates. Therefore, they are suitable only for short-term investment which is quite good if you know what you are doing, and importantly you need to consider not going beyond your budget threshold when it comes to your capital. invest only what you can afford to lose because if you happened to invest in the midst of the hype, there's a tendency that you might not get back the same amount of your capital once the price will start to fall because the hype is no longer there.

bozkytoken

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Memecoins are like casino - they are fun and risky.
But why is everybody calling them memecoins when they are obviously memetokens?

Xal0lex

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Memcoins is a scam. Sluggish scam, because sooner or later the coin will die, because it has no utility, and a hype never lasts forever. Memcoins are good for the earnings of their creators, are there many people who have made a lot of money from memcoins? For example I know enough people who lost money on them. Memcoins are such a phenomenon of the crypto industry, created in a couple of minutes, and can raise a billion dollars in capitalization in less than a month. Fantastic. For short-term speculation, it's a viable tool, but I don't recommend anyone to hold them in the long term.

fvb

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I don't like these coins. I think they are of no use and it is better to invest in other tokens. For example, those that have their own blockchain

Vaskiy

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People who had made good fortune out of memecoin likes it much more than the common cryptocurrency users. I'm not much into memecoin, but I prefer having specific memecoin for what it have delivered in the past. As stated memecoins were short term investment, if not we should've invested what we can afford to loss.

In recent days once again memecoin discussion have reached the cryptocurrency trend. Someone can be seen lucky and we should understand the risk in it and progress. Major thing required with memecoin investment is luck.

judeafante

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Quote from: noormcs5 on May 14, 2023, 12:56:17 AM

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

but you have to be active in finding the right meme coins to invest with so many meme coins right now and much more coming it's hard to keep up and there's a possibility the trend could end anytime, so you have a big bulk of your portfolio comprises of meme coin then suddenly the support vanish and you are left with a big loss, this happens to me when I concentrated my investment on PVP coins, I compiled a lot and eventually lose because these trends cannot keep up in the market.

cryptoknightt

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Meme coins are the same as discarded coins, going up and down is also not very clear. get rich quick and speed you up to become a bum hahaha. Just the name is already a meme coin right?
My advice is don't follow too much whatever the name of the meme coin is. I'm tired

poodle63

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I would not even prefer to call that putting money in meme coin as investment but it's gambling to the token. So many people were just putting their money caused by meme coin sometimes was able giving you very big return. I do like that.
That's why i have always spend some hundreds bucks to buy meme coin when it's not yet going to the moon.

o48o

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Quote from: noormcs5 on May 14, 2023, 12:56:17 AM

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

What i like about meme coins is the fact that they are not pretending to be anything else but i don't see them giving profits just because they are meme coins. They have often huge gains becausee they start from very low marketcap as they don't have big presales/icos. So they have easy room to grow 10000% and more with the right circumstances. It's unusual but it happens from time to time.

However chasing them with a big investment is stupid as you never know what takes off and what's going to be another rug. As 99.9% of them will be garbage. Finding a gem from there and being in right time at the right place is like winning lottery. It's nearly impossible to pull off and you can count your blessings if you happen to be lucky enough to get in early.

SUPERSAIAN

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I made timely investments and after there was no return on meme tokens, I stopped doing it anymore. Since they are very popular in the market, I have to follow them, if I find a gem meme token early, I will try my luck. They don't seem very appealing to me. I am also angry with myself for missing dogecoin opportunities in time. These opportunities appeared a few times, but the timing was always bad.

sunsilk

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Quote from: noormcs5 on May 14, 2023, 12:56:17 AM

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

Honestly, if I'll be serious. I don't like them because many misguided folks are going into it.

The trend of meme coins have been there and it's like an unstoppable era. But, I believe that a time will come and it's going to be stopped soon. If you're good at spotting at these meme coins and you're making that much, you know what to do.

However, if you don't know how to enter correctly on these meme coins and you're just also brought up by the hype. Then, it's likely that you'll lose money from most of them.

mbakruroh

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Quote from: noormcs5 on May 14, 2023, 12:56:17 AM

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

Every day dozens of token memes appear, maybe you can check the list of new coins on Coinmarketcap. Of the hundreds of tokens on the list, of course, they have the potential to reach high prices. But don't do it for the long term, because these kind of tokens will disappear from circulation. I often try to buy it, but it rarely returns my investment, meaning the value of the token goes to zero in no time.

umbara ardian

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No, I don't like the coin meme because it doesn't have any practicality; it looks like a shitcoin. But making money is still making money, and meme coins can bring a pretty big amount of money if you know how to choose those coins right from the start. However, it is not easy because there are so many coin memes in the cryptocurrency market, and choosing a few potential coins is really difficult.

Dessy88

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Yes because meme coin make short time hype which is the best profits chance we have. But you may know which project background something good then you can buy. You can buy meme coin with spend small money but there has good profits chance if it will make crazy market investors. Many investors Won't buy meme coin because of reason 90% scam.

Mpamaegbu

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Quote from: deepblue01 on May 14, 2023, 11:53:57 AM

Back in 2017 i don't know what is memecoin but i know about dogecoin. a crypto i used to send crypto to another exchange.

Honestly, I don't know why Dogecoin has still remained undervalued to this point and day. Why aren't people using it for payment when they've its option for payment. On the few occasions I had transacted using it, it was stress free and transaction speed was great. Look at what those of us utilizing Bitcoin for transaction have been passing through over a week now, with so many transactions still pending. This delayed transactions aren't doing Bitcoin advocacy any good at all. It will discourage many from investing in it if it continues.

deepblue01

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Back in 2017 i don't know what is memecoin but i know about dogecoin. a crypto i used to send crypto to another exchange.
And now lots of memecoins are being created every day, going up and down and then mostly dying.
I don't know why they love memecoin

carrie_white

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I don't really like meme coins, because almost all meme coins are just temporary hype, especially the meme coins that have recently appeared, the main reason is because of the lack of utility in the meme coins

jacafbiz

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Yes, if it is given as airdrops because most of these Meme coins are now traps, pumped by big accounts and suck in retailers through FOMO and when you got in, they dumped on you. I won't touch any of them unless I have a small amount I can afford to lose which I don't have presently. I give most of them 3 months they will be dead coins

Topic: Do you like Meme Coins ? - page 5. (Read 615 times)