I have not benefited from altcoins at general. I invested in two different platforms. I invested in the main Wallet of Ethereum which is MEW and I stopped investing there because the transaction fee was too high so the coins are still there and I also use exchange to invest thinking that it will be better than the MEW but all the same and after one month, I thought the price would go up but instead it was coming down steady and finally Nigerian government also banned the exchange to make a trade with p2p so i sold the coins with lost rate.
But I am still hodling the ones in the main wallet. So I have not benefited anything from the altcoins or memecoins side of the cryptocurrency.
Topic: Have you been profiting from memecoins? - page 5. (Read 627 times)
Not everyone likes memecoins. I wanted to invest on one of them but I paused and might be investing later in the year I stopped base on the way the market is at the moment. I was purely investing in bitcoin but looking into which of the altcoins that is very good to invest. I have mapped out Dogecoin, Ethereum, Solana and some others. And among these ones I will select one first to invest before going to another one.
And Dogecoin might be the preferred one for now to make profit for about 5-6 months time. That is also in the long term period.
And Dogecoin might be the preferred one for now to make profit for about 5-6 months time. That is also in the long term period.
Now its long time I never jump into this with I have huge lost in Shiba with I was hyped and jump without checking anything about this, but suddenly I have realized I have done mistake and things gone into wrong way which were not recoverable in short term even after long time I have price which was I looking to sell, but I never wait for this and sold my all tokens quickly which is surely not good deal for me, but this was good lesson for me with after this I never have anything from market which is tagged as meme coin.
With this, I also want to tell newbies like me please read all positive and negative before jumping into this world because this can ruin you with having no chance of recovery like me which is now having huge loses and sidelined just because of my greediness.
With this, I also want to tell newbies like me please read all positive and negative before jumping into this world because this can ruin you with having no chance of recovery like me which is now having huge loses and sidelined just because of my greediness.
I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.
I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.
Memecoins are becoming more popular in the crypto space and many people have even find a niche for them, they call themselves Degen traders. Memecoins before usually come as a reward from airdrops and they grow but right now people get positioned on the coins right from the presale stage. Buying early is one of the key factors of trading memecoins so that you can get out early and with enough profit.
Just like it generate large profits, it also bring huge losses when it goes long and this has made me to draw my conclusions that when you trade memecoins you’re gambling.
One thing to take note of when a memecoin is going your way is to Atleast take out your capital even if you want to allow it to run. Leaving or holding memecoins is something that I will never advise anyone to do.
I manage to earn some profit from PEPE and DOGE earlier this year.
I also join a meme airdrop from Gullnetwork, hoping that it would also give me a good amount of profit.
Would try to trade again with meme coins if something new pick my interest.
I also join a meme airdrop from Gullnetwork, hoping that it would also give me a good amount of profit.
Would try to trade again with meme coins if something new pick my interest.
Wow Congratulations to you for me I haven't tasted profit for the first time though I started this crypto journey recently so I'm still hoping to gather all the necessary information about crypto investment before looking out to invest, for now I'm constantly learning on how to go about them I don't want to rush into market without having the knowledge about how the market works, I'm always scared of losing that is why I want to take my time to learn and also know about some investment strategies.
Despite of becoming a victim of a failed and scam memecoins, I still invest with them especially if there's a good hype and i can say that I make some profit out of it though it's risky but you just have to timing it so you will not be trap with their hype. There's still a big chance to make profit in memecoins, and I believe their season is about to begin again as we rally to the most bullish trend of the market, expect more hype for meme tokens, the early you buy the better.
I hold few bag load of memecoins recently, a friend of mine convinced me to buy some of the best performing memecoins, I was never a fan of memecoins before but also I don't hate them that much that I won't give a shot based on recommendations. But for me to recomend any of such memecoins to investors, is the last thing and a thing I can never do because I don't trust memecoins market at all, but a few of them are worth taking a look at.
Despite of becoming a victim of a failed and scam memecoins, I still invest with them especially if there's a good hype and i can say that I make some profit out of it though it's risky but you just have to timing it so you will not be trap with their hype. There's still a big chance to make profit in memecoins, and I believe their season is about to begin again as we rally to the most bullish trend of the market, expect more hype for meme tokens, the early you buy the better.
Shiba Inu and Pepe coins, are just the meme coins I've been interested in in the past but those new meme coins that you have mentioned OP are out of my radar. Honestly, after earning from those coins (Shiba and Pepe) I was not able to buy any of the meme coins anymore as I lost confidence in them. Of course, some got into this and earned more but some also suffered terrible losses.
Choosing meme coins is too risky, some of them look promising but they end up scams. That is why we should be careful enough with them and I encourage you to have a deep search before investing.
Choosing meme coins is too risky, some of them look promising but they end up scams. That is why we should be careful enough with them and I encourage you to have a deep search before investing.
So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.
It isn’t indeed as we see many people starting a topic with memecoins. Some are against while some support it. It is on social media where you see most of them especially on twitter as many memes tend to evolve from there and if an investor sees it he will surely tweet about it.Quote
I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.
It is only smart that you invest in memecoins only short-term as they are highly volatile and most of its “pump” just came from fake speculation and investors. Most of the time its price is manipulated however if you can take advantage then why not?legendary
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Meme coins? Aside from DOGE, all other meme coins out there are pretty much useless, and they are only there for the sake of profit. Well, other top meme coins are still making some developments on their project which is good, but most of the meme coins are being created for profit especially those low market cap meme coins.This isn't only applicable with meme coins, but whenever a token gets listed on a popular exchange, its price tends to go up temporarily. Community behind it? The token that you indirectly shilled might have a community, but there's a chance that all of you might get scammed. After all, the ticker symbol of the token isn't that attractive too as well. It might surge 70%, but in the long run, it will go down in price until it reaches 0. NFA of course.
Overall, I'm not profiting from meme coins, and I will not touch any meme coin as of now... except for DOGE I guess.
Some time ago I jump on a memecoin that was so over hyped on twitter to the extent that alot of it investor's were holding the coin for long term based, and when the coin get into the market, at first it performed well but along the line, the price start dumping at a speedy level and until the team sold they entire holding which see to the end of the road for investors.
So this ugly experience that I lost nearly $600 worth of investment made me to give up on anything that relate with memecoins, because the dump will definitely happen and when it does only the investors cry the most since team would have dumped the coin in the market and move on closing the door on investors face.
So this ugly experience that I lost nearly $600 worth of investment made me to give up on anything that relate with memecoins, because the dump will definitely happen and when it does only the investors cry the most since team would have dumped the coin in the market and move on closing the door on investors face.
of course I have made a profit from the investment I made with memecoin, the memecoin that gave me a profit is DOGE coin, where with capital I was reckless and almost frustrated with the very drastic decline, but with the presence of Elon Must, who made a tweet on Twitter that hope started to grow and became more real, where the DOGE price jumped very high, so I got a big profit, but currently even though the popularity of memecoin is getting higher, I am not at all interested in memecoin anymore because I think memecoin has very high risk.
i was lucky with doge but for the rest of the memecoins in the market. it's hard to be the first to have gotten them for the cheapest possible. most of the time, the reason why you know the memecoin is already well known is that it has pumped already and holders are just dumping it on us.
i have bought at least 5 memecoins although i spend less than $100 on each, its just something i wanna see whether i can ride the pump and dump for quick bucks. its not a simple as i think
of course I have made a profit from the investment I made with memecoin, the memecoin that gave me a profit is DOGE coin, where with capital I was reckless and almost frustrated with the very drastic decline, but with the presence of Elon Must, who made a tweet on Twitter that hope started to grow and became more real, where the DOGE price jumped very high, so I got a big profit, but currently even though the popularity of memecoin is getting higher, I am not at all interested in memecoin anymore because I think memecoin has very high risk.
Currently, the popularity of memecoin is increasing from time to time, where currently memecoin has become a very popular investment choice, especially among beginners, even though memecoin has a very big risk, they don't pay attention to this risk, because they hope to get the profit multiplied was very large even though it was only a hope, however, I personally have made a profit from memecoin, namely from DOGE and SHIB, but now I am not at all interested in memecoin and only focus on altcoin.
I read one person from the GME posts just a few hours ago was that the pump of these memecoins will get the new cryptpo investors confused as to which is a real good project to invest in crypto. if they see only memecoins being the ones that are pumping, I think all the rest should just be going for memecoins. However, the institutions will also be buying up the BTC for themselves.
I manage to earn some profit from PEPE and DOGE earlier this year.
I also join a meme airdrop from Gullnetwork, hoping that it would also give me a good amount of profit.
Would try to trade again with meme coins if something new pick my interest.
I also join a meme airdrop from Gullnetwork, hoping that it would also give me a good amount of profit.
Would try to trade again with meme coins if something new pick my interest.
So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.
BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.
I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.
I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.
BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.
I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.
I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.
Honestly speaking I seldom invest in meme coins except Doge coin that I consider worth accumulating during the significant dips. During the bullish market of 2021 I made reasonable profit when its price surged from less than a cent to more than 60 cents. The reason behind my considering it a "HODL" coin its low transaction fee and its endorsement from many celebrities' including Elon Musk, There is a possibility that he might it as a method of payment for one of his ventures.
Currently, the popularity of memecoin is increasing from time to time, where currently memecoin has become a very popular investment choice, especially among beginners, even though memecoin has a very big risk, they don't pay attention to this risk, because they hope to get the profit multiplied was very large even though it was only a hope, however, I personally have made a profit from memecoin, namely from DOGE and SHIB, but now I am not at all interested in memecoin and only focus on altcoin.
Memecoins are useless there are lots of communities supporting this meme but spotting any of these is very difficult as we do not know which one will be the same as Pepe, Wif Shiba Inu, or any meme that is currently hot on exchanges.
It's also pretty risky to invest in memes because it's too volatile once their community decides to sell their holdings you will notice a huge price drop compared to any serious project and you can only have them if you invest unless they have airdrops it would be worth trying.
Have you heard of Notcoin?
This is another coin that can be earned on telegram the faster you tap the faster you earn. I thought that this was a useless coin but right now it seems almost all major exchanges will list this coin and I'm sure only those who benefit are those who play the game first and use auto clicker at least you didn't buy it only needs your time and effort.
It's also pretty risky to invest in memes because it's too volatile once their community decides to sell their holdings you will notice a huge price drop compared to any serious project and you can only have them if you invest unless they have airdrops it would be worth trying.
Have you heard of Notcoin?
This is another coin that can be earned on telegram the faster you tap the faster you earn. I thought that this was a useless coin but right now it seems almost all major exchanges will list this coin and I'm sure only those who benefit are those who play the game first and use auto clicker at least you didn't buy it only needs your time and effort.
No, I have had really bad experiences from my past investment into memecoin because once it does down it doesn't cross the previous ATH this it's too risky hence decided to stay away from memecoin but rather focus on other altcoins which has a working model. But I think memecoin gives you a chance for huge returns but the same memecoin can eat up your portfolio in no time hence I am out of this zone.
I have missed a lot of them and didn't got lucky with my lottery pick with these meme coins because that coin didn't move at all.
I've profited more with BTC and ETH but I am trying my luck on it but not anymore this time. If I see some movement then I might try to get into an entry but I don't think that's already encouraging me because I've dealt with losses only by investing to the random ones that I've thought my lottery entry for the memes.
I've profited more with BTC and ETH but I am trying my luck on it but not anymore this time. If I see some movement then I might try to get into an entry but I don't think that's already encouraging me because I've dealt with losses only by investing to the random ones that I've thought my lottery entry for the memes.
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