You know that since bitcoin halving is over and we are expecting the bull run, most coins will be created and pump into the market in order to make profit from the bull run hype of bitcoin, since after bitcoin bull run, it will be the altcoins time. It is good to invest in meme coins but the problem is will you be lucky enough to know the right coin to invest in that will give you profit is another thing that is difficult.
The reason why investing in these meme coins are like gamble is because it is mainly on luck. However, if you are lucky you will be able to buy that coin that will last and pump, but if you are not lucky, you will buy a pump and dump coin which will lead you to a big loss. This is why I am always very careful with meme coins and if I am buying any, it is for gambling and I use only 5% of my total bitcoin portfolio to invest in them.
Topic: Have you been profiting from memecoins? - page 6. (Read 633 times)
I am positioned ready for or should I say hoping for a wild meme coin season. If there is to be one it will likely be in the next 18 months to mirror what Bitcoin will be expected to do. There are many meme coins, it can be difficult to invest in the right one(s). There is one ERC20 token I have a lot of hope for called Option2Trade. It’s still in presale but launch is in 6 days on Bitmart- https://option2tradepresale.com/
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.
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