Topic: How are investors copping with the hype games in memecoins (Read 392 times)

If the whole point of trading is "to have fun", then you shouldn't be sad when you lose money. While I do agree that some of the memecoins in the market made a lot of money, a bunch of them crashed, because they were rugpulls and scams that feed off the memecoin hype.

And the good ones will eventually hurt a lot of people too, just go back to 2022 tweets of Elon Musk, you will see that  a ton of people were begging for him to talk about doge again, so that it would get higher. Don't get me wrong, if Elon gets in the position of "D.O.G.E" as in department of government efficiency, so we could see Doge increase a lot more, I am not sure if it will, but we can see that potentially happen and that is why I respect that, but others are just shitcoins to me.

Yup, it's all fun and games...  Kinda like they're sports betting but with memecoins they're betting if a meme has legs and make it to more than 100m USD market cap.  Lol.

And when droves of the new generation of people come in crypto, do you really think they'll ape into things like AAVE and UNI?  No, they'll go look for the cute animal coins that they're friends are buying.    It's different in crypto now...  Gone are the serious, inquisitive minds that came in here 10 years ago.  It's mostly degeneracy now.

Yes, people who are trading these shitcoins know what the yare doing, they are very much aware that these are shitcoins but they know that there is money to be made there. They are not holding it long term, they are not expecting that to be the case, the yare just focusing on how it will look for the long term and for the time being we are reaching a point where trading these shitcoins while knowing they are shitcoins is a good enough situation to care.

I believe we are not going to end up with a bad result at all, we need to reach to a point where things will be profitable so they won't care if it's shit or not. This is where we are now, what the coins future is doesn't matter, they only care about how it will do that specific day.

As long as you can deal with the risk by investing in memes, it may be a life change for you.

Don't you remember someone who put 8k into the shiba inu in early 2021, then turned to a billion dollar valuation.

Don't you remember someone who trusted his money to the doge coin, then become new millionaire.

Look at the picture that i've posted it above, 200% - 2000% ROI in a day after meme tokens listed on binance.

The simple formula to get a life change is that invest in a legit meme token + binance listing = your life changing.

Nothing impossible my friend, and remember this, no pain, no gain.

Just don't expect the meme to bring you a life change, and maybe, it will bring you something even better - fun and emotions 

That is the correct way to go, there is no reason to trust or invest into any memecoins or hype stuff in the crypto world because when the hype goes away then you are going to be left with absolutely nothing, so need to do something like that.

By the way, don't get me wrong when I say do not invest into any of them for any reason, there is a logic behind just investing for "fun" reasons, if you are not looking for money at all, and you are basically throwing that money down the garbage just in return of some money then we are going to end up with much better results because you are going to have some fun with it as well.

I believe that we are going to see this changing on the long run and if you invest for fun and jokes then you could do that and you could have fun. The only thing is do not expect any money from them and we learned that we shouldn't and now we are not investing into them at all, we are doing much better and without any issues as well.

That means that we still can do something to change our faith. I'm mostly referring to selling like what you already said there. Not buying because we are only increasing our risk this way if the project is already on a critical state. If there are meme coins that we can trust, I think that would only be the old meme coins like Dogecoin and Shiba Inu. I don't really mean for investment purposes because they may not pump too much anymore but only by using them daily like a normal currency.

Just because they are doing what would be some quick situation that doesn't mean that we are going to end up with a good result. I mean memecoins are terrible that is true but that doesn't mean that you can't make a profit from them at all, so this should be a problem in the end.

I believe the best thing to do would be letting these people take this risk because they know what they are doing and because of this they are making a good situation for the long term as well. For long the people who are doing this has been doing this ended up with the situation that improved their life because they knew trading and that is why I believe the best method would be just letting them do the trading and take that risk as well.

That is the correct way to go, there is no reason to trust or invest into any memecoins or hype stuff in the crypto world because when the hype goes away then you are going to be left with absolutely nothing, so need to do something like that.

By the way, don't get me wrong when I say do not invest into any of them for any reason, there is a logic behind just investing for "fun" reasons, if you are not looking for money at all, and you are basically throwing that money down the garbage just in return of some money then we are going to end up with much better results because you are going to have some fun with it as well.

I believe that we are going to see this changing on the long run and if you invest for fun and jokes then you could do that and you could have fun. The only thing is do not expect any money from them and we learned that we shouldn't and now we are not investing into them at all, we are doing much better and without any issues as well.

There is nothing they can do but keep the waiting and the spirit, as if they can push the price up on their own? Meme coin is being moved by manipulator so I believe that the best thing those investors can do is either to sell now or keep buying (as their trust is what needed here)

I tried trusting meme coin back then but nope,I stopped and start buying real coin instead.

people who are trading these shitcoins know what the yare doing, they are very much aware that these are shitcoins but they know that there is money to be made there. They are not holding it long term, they are not expecting that to be the case, the yare just focusing on how it will look for the long term and for the time being we are reaching a point where trading these shitcoins while knowing they are shitcoins is a good enough situation to care.

I believe we are not going to end up with a bad result at all, we need to reach to a point where things will be profitable so they won't care if it's shit or not. This is where we are now, what the coins future is doesn't matter, they only care about how it will do that specific day.

There is nothing they can do but keep the waiting and the spirit, as if they can push the price up on their own? Meme coin is being moved by manipulator so I believe that the best thing those investors can do is either to sell now or keep buying (as their trust is what needed here)

I tried trusting meme coin back then but nope,I stopped and start buying real coin instead.

Trading is the right call, they are trading and making all the money they can and that's what matters for them. I believe we are going to see this growing to be a huge favourable position, and because of this what I get to see right now is the true sign of a good improvement on peoples psyche regarding what they can do with useless stuff to turn them into useful.

Sure these hyped shity memecoins are not good for long term, but you can get them for short term, buy low, sell high when hyped and hope for the best. Doesn't mean you want to keep them for years, of course that is not going to be the case, trading them is the real reason and we should be happy with the way we are trading them, we need to consider how these for holding just for a day, doesn't really change much in our life and we could totally do a lot better results. So all in all, just focus on what you can do with them, because obviously long term holding them is not the right choice at the moment.

For me it's enjoyable,imagine you are enjoying the game while having a chance to earn in future ?

But as an investment,this is not a place for me ..

Though memecoins are successful these days so better be safe in investing.

They knew the game and that's why they look at that whenever they can.
Investing into meme coins is like a bread and butter for those day traders that have been actively looking out for these in the market.
It doesn't matter if those memecoins have been there for so long or a newly launched. And they like more those that are new because that sounds money to their ears.

The majority of investors on memecoins are degen which consider memecoin investments as high risk high reward. They usually ready to accept losses if the price plummet so they are fine besides most of the degens are whales or using only an extra money which they are willing to lose.

I knew a lot of meme coin investors across my social media account that think this way. They drop investment on multiple memecoin hoping that one of them will result to massive profit to cover other losses.

Simply they are just gamblers playing on memecoin trading.

And there are those investors who do really love on trying out to deal up on investing with meme coins because they are really that trying out hit up that meme coin that could go thousands in terms of multiplier.
Just like on what others been saying above that if ever this one happens then you could be ending up a crypto millionaire but ofcourse this one will really be needing up that extreme luck and that being a diamond hands.
Usually people do really make out some sell on the moment that it do make a few folds like 5-10x on which this isnt really that a bad thing either. For those who do want to become a millionaire with meme coins then they would really be holding up their shit coins until it would go shoot into the moon. Hype and interest is really that high as we can see on how much volume that they do generate on everyday on which this really shows or proves out that there's so much interest despite of the high risks that it does have. We cant be able to deny nor ignore those possibilities on why there are tons of investors who do really likes on dealing up with memes
due into this kind of opportunity which really makes you drool specially on looking someone made it out but of course be prepared on losing most of the time as if these projects do really become scam or rug pull projects.