Do you like Meme Coins (Pepes project)? - page 7.

isaac_clarke22

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Quote from: Twentyonepaylots on June 16, 2023, 07:38:22 PM

Quote from: isaac_clarke22 on June 16, 2023, 11:51:02 AM

We're kinda opposite, back then I was kinda interested in Doge coin since it was like a popular meme back then and I thought that it would be a serious deal to buy that until I found out that there are so many meme coins flooding the market and I was like noping the hell out it already.

Considering that I am a long-term investor and I do have 9-5s and do not have the majority of the time to deal with my portfolio, it it just not worth it. I even attempted day trading back in the days and meh.

If it is through swing trades, I'd say memecoins still has "it". Large meme tokens in this industry are still having quite of a volume in comparison to other altcoins which means these coins are still good for trading if you would be able to determine the correct price action. But with long term holding or investment, I highly doubt. As we all know, meme coins in the first place has no utility so how come there would be a consistent demand on such coins, and will have a continuous or progressive movement on its market value? If it is just potential in general, then for sure it has 'coz it has popularity. But pitential would mean nothing if there's no reason to push it through.

Well in the short-term, yes. Swings are the way to go for that, but many investors in here are in for the long-term considering that many have 9-5 jobs and do not really have the time to continuously trade in the whole day just like the hindrance I encountered when I attempted day trading.

To be fair, there were somehow utility for meme coins, but not really what they were made of. I believe some people mentioned that Doge were used in casino. Somehow there were still some uses to it, but surely every crypto coins out there could be used as a currency in casino anyway.

Edit: Fixed wrong quoting Cheesy

Xal0lex

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Quote from: JeffBrad12 on June 17, 2023, 07:45:52 PM

Quote from: Jocuserious on June 16, 2023, 08:51:02 PM

We should forget meme coin now this time even if you are beginner then must be avoid this. Long time before i was investing shitcoins but which wasn’t profitable. I will never force anyone for investing meme coin. If you want long time invest then should taken top altcoins market.

it's only good for just speculating honestly where you understands fully that the money you spends are just gonna turn into thin air even if you invested in wrong meme coin
and there are thousands of meme coins that just gonna outright fail, some people might think they are the chosen ones that gonna make it big but honestly they don't.
here's the thing, investing in meme coin only good if you just invest and then forget, eventually get back at it when it has risen.
other than that, it's just really bad investment in general after all these meme coins are just simply exist for manipulation.

The case when someone invested in a young memcoin and forgot about it and became insanely rich afterwards is extremely rare. The most famous such case is investing in DOGE sometime in 2015. Such investments made their owners millionaires in 2021. But there are cases when investors were not serious about their investments and after a while forgot access to their wallets, while their investments yielded enormous profits. Unfortunately, now they can no longer use this money, because they have lost all access to their wallets.

JeffBrad12

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Quote from: Jocuserious on June 16, 2023, 08:51:02 PM

We should forget meme coin now this time even if you are beginner then must be avoid this. Long time before i was investing shitcoins but which wasn’t profitable. I will never force anyone for investing meme coin. If you want long time invest then should taken top altcoins market.

it's only good for just speculating honestly where you understands fully that the money you spends are just gonna turn into thin air even if you invested in wrong meme coin
and there are thousands of meme coins that just gonna outright fail, some people might think they are the chosen ones that gonna make it big but honestly they don't.
here's the thing, investing in meme coin only good if you just invest and then forget, eventually get back at it when it has risen.
other than that, it's just really bad investment in general after all these meme coins are just simply exist for manipulation.

Ziskinberg

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"Are meme coins worth the hype?" Well, that's a tough question. It's like trying to catch a shooting star or predict the punchline of an ever-changing joke. But one thing's for sure: meme coins have a way of bringing people together, igniting conversations and forging connections in the digital realm.

That will bring together those who believe that the hyped project will give them a profit and yes, those who are greedy. And as we can see, a lot of people got into this and spent their money buying these meme coins but you can't actually blame them or stop them as they are making money from it. We never see it as good but these people are too blind for not seeing the huge risk awaits them in case an abrupt drop comes. This it happens several times, though some people got it right and get huge profits while some people also suffered the consequences of losing their money.

abel1337

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Quote from: Nazmul012 on June 17, 2023, 04:01:23 PM

Let me clear first! This is "Pepverse", another memecoin different from original pepecoin! Aww i don't really like any memecoin specially pepe was able to draw my attention due to its hype everywhere but pepe lost around 50% of its value within a month and still going below! What does it indicate? It indicates pepe will go more below with time as hype will less with time. So can't think about pepe related another project perverse.

I think it is pretty expected if you are on crypto for a while now. As soon as the project loss its hype, it will go down in value like a slope. This is why I don't like shitcoins or memecoins because there aren't a thing that is backing their tokens like some utility that will make people still want to buy it. As soon as people realize that it's not profitable anymore, they will sell and never look at it again. Majority of memecoins and shitcoins are just a money grabbers machine and a dispossable token.

Nazmul012

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Let me clear first! This is "Pepverse", another memecoin different from original pepecoin! Aww i don't really like any memecoin specially pepe was able to draw my attention due to its hype everywhere but pepe lost around 50% of its value within a month and still going below! What does it indicate? It indicates pepe will go more below with time as hype will less with time. So can't think about pepe related another project perverse.

Jocuserious

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Quote from: Eureka_07 on June 17, 2023, 01:10:09 PM

Quote from: Louis401 on May 21, 2023, 08:26:35 AM

I liked meme coins before when I was just starting to trade. The reason is that I found it challenging because of its high volatility. But I was not successful to that, so I do not like it it anymore. I believe that it will be easier to focus on projects that has promising use cases. DYOR.

There was good time before but now lot of risky for investing in meme coin. Even meme coin never good investment for long trem but short time you can buy. If you have received some profits for meme coin then quickly sold it and never late.

Eureka_07

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Quote from: Louis401 on May 21, 2023, 08:26:35 AM

I liked meme coins before when I was just starting to trade. The reason is that I found it challenging because of its high volatility. But I was not successful to that, so I do not like it it anymore. I believe that it will be easier to focus on projects that has promising use cases. DYOR.

adzino

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They should neve exist. They make few people rich and a lot of others end up going broke because of those meme coins. Thousands of meme coins out there and see how many people get scammed every day. They are just like a pest in the crypto market. People end up losing money investing in those meme coins, and then later they start thinking that the whole crypto market is a scam. And the mainstream media loves to use these news to spread negativity and "attract" the naysayers of the crypto industry.
Look like you are try to promote another "scam" coin that uses the hype of the current meme coin.

Master of Shitcoins

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Meme coin is not a good coin to buy because it's not a long term project and such projects will die after some time. Every hodler will be affected negatively by losing money and ending up as a bag holder. It will cause huge losses because of price decline. Better stay away from it.

Only Dogecoin is a vital project because it is an original coin.

IvugeoEvolutionCoin

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Quote from: Epaper on June 16, 2023, 10:31:42 AM

To be honest, from the past until now I have no interest in meme coins, because many meme coins don't last long even most of the people who invest in meme coins experience big losses. Moreover, the price movement of the meme coin is heavily influenced by the hype.

If you have no interest in meme coin then you can invest in any other coin. And before investing think well then invest. I don't know if people who have invested in Meme Coin have made a profit. I think that's why I'm never interested in Meme Coin. But if anyone wants to invest in Meme Coin, they can invest at their own will.

Jocuserious

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We should forget meme coin now this time even if you are beginner then must be avoid this. Long time before i was investing shitcoins but which wasn’t profitable. I will never force anyone for investing meme coin. If you want long time invest then should taken top altcoins market.

Twentyonepaylots

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Quote from: isaac_clarke22 on June 16, 2023, 11:51:02 AM

Quote from: Epaper on June 16, 2023, 10:31:42 AM

To be honest, from the past until now I have no interest in meme coins, because many meme coins don't last long even most of the people who invest in meme coins experience big losses. Moreover, the price movement of the meme coin is heavily influenced by the hype.

We're kinda opposite, back then I was kinda interested in Doge coin since it was like a popular meme back then and I thought that it would be a serious deal to buy that until I found out that there are so many meme coins flooding the market and I was like noping the hell out it already.

Considering that I am a long-term investor and I do have 9-5s and do not have the majority of the time to deal with my portfolio, it it just not worth it. I even attempted day trading back in the days and meh.

If it is through swing trades, I'd say memecoins still has "it". Large meme tokens in this industry are still having quite of a volume in comparison to other altcoins which means these coins are still good for trading if you would be able to determine the correct price action. But with long term holding or investment, I highly doubt. As we all know, meme coins in the first place has no utility so how come there would be a consistent demand on such coins, and will have a continuous or progressive movement on its market value? If it is just potential in general, then for sure it has 'coz it has popularity. But pitential would mean nothing if there's no reason to push it through.

isaac_clarke22

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Quote from: Epaper on June 16, 2023, 10:31:42 AM

To be honest, from the past until now I have no interest in meme coins, because many meme coins don't last long even most of the people who invest in meme coins experience big losses. Moreover, the price movement of the meme coin is heavily influenced by the hype.

We're kinda opposite, back then I was kinda interested in Doge coin since it was like a popular meme back then and I thought that it would be a serious deal to buy that until I found out that there are so many meme coins flooding the market and I was like noping the hell out it already.

Considering that I am a long-term investor and I do have 9-5s and do not have the majority of the time to deal with my portfolio, it it just not worth it. I even attempted day trading back in the days and meh.

big kid

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Quote from: Epaper on June 16, 2023, 10:31:42 AM

To be honest, from the past until now I have no interest in meme coins, because many meme coins don't last long even most of the people who invest in meme coins experience big losses. Moreover, the price movement of the meme coin is heavily influenced by the hype.

Exactly. It's pure gambling. I mean, a lot of people think that crypto is gambling, but memecoins are 100% exactly what it is. And they all were created not because it's funny or because they wanted to do something good, it's just a cash grab on the hype.

Epaper

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To be honest, from the past until now I have no interest in meme coins, because many meme coins don't last long even most of the people who invest in meme coins experience big losses. Moreover, the price movement of the meme coin is heavily influenced by the hype.

JeffBrad12

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Quote from: lalabotax on May 31, 2023, 05:42:40 PM

I don't know why, in my opinion, there is nothing interesting about this coin, especially the various types of coin memes that are currently hype. in fact we know that Mimi coins or various types of projects like this are very high risk. Indeed, maybe some people get or reap very high profits from investing in meme coins like this, but we also have to consider the risks we might get if we are not careful or fail, namely losing money. so you could say that for me personally or for beginners in general investing in meme coins or what you mentioned Pepe is a high risk and it would be better if we first understood how to take advantage of the momentum to buy and sell it. but if we still don't understand or don't know how to use it, it would be better and wiser if we should avoid this type of coin.

i could understand the frustation of many in regards of these meme coins in general, they have nothing special in them yet they are valued so high, and honestly that's actually fair point.
but here's the thing, many that invests in these meme coin are actually don't even have the time to care about what this coin really is, they only seek profit and because of the fact that these meme coin having named meme coin for a reason prominently because of it having relatively high volatility, is indeed volatile, then it only right for them to seek investment in these coin and hoping for the good outcomes from their investment that they can harvest.
the point being, these meme coin doesn't need to have something interesting in it and even good features the thing that matters most is that these coin could go up in value and thats it.

Lagduf

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I do like the real pepe project but since it has been trading at very high price and it's likely if the new pepe projects are just bunch of scam tokens. You must be careful with it. Meme coin can be considered as alternative way to doubled your money instantly but the risk is very high.

It's pretty much the same like put your money to gambling in meme token.

Teraboy

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mostly only people who don't really understand the true nature of this market, like coin memes. A short-term project, an inflated price, and juicy offers of high flying It's really attractive, but not a lucrative piece of cake for new investors. Greed just wants to get rich quick, so these meme projects exploit all the disadvantages of newbies. That's why they will never have and will still have so many depraved people and these projects. I like this because it purifies the market, but I feel sad for the unfortunate people who can't really control their greed.

for the people that get fomo'd i'd understand but usually the ones that invests early are those that knows well how the market behave, they really knows the nature of meme coin and also daring to take the risk, in which gonna flip their money.
usually they don't bother investing after too late.

lalabotax

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I don't know why, in my opinion, there is nothing interesting about this coin, especially the various types of coin memes that are currently hype. in fact we know that Mimi coins or various types of projects like this are very high risk. Indeed, maybe some people get or reap very high profits from investing in meme coins like this, but we also have to consider the risks we might get if we are not careful or fail, namely losing money. so you could say that for me personally or for beginners in general investing in meme coins or what you mentioned Pepe is a high risk and it would be better if we first understood how to take advantage of the momentum to buy and sell it. but if we still don't understand or don't know how to use it, it would be better and wiser if we should avoid this type of coin.

Topic: Do you like Meme Coins (Pepes project)? - page 7. (Read 1347 times)