How can I understand meme coin good or bad position? - page 2.

Japinat

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Quote from: bounceback on October 04, 2023, 01:58:24 AM

Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

The growth of meme coins is only driven by hype and when the hype explodes then the meme coins will have no value in the market, meme coins are lucky coins so we cannot identify which coins are good to invest in because almost all of them do not offer us any real use and have no fundamentals so we often see these coins suffering in the market. My advice, if you don't want to experience losses, you should stay away from meme coins, especially now that the Crypto market is in a bearish condition.

I can say that hyped projects are meant good for the short-term only. In fact, it has been proven already that many people got into it and earned huge profits which drives courage in the community. As we can see, people are looking for other meme coins, quite they have been into such trust and confidence. Unfortunately, those who come late struggle with the consequences and lose their money. Definitely, we can never say if it was totally good or it was bad, that will depend on what we experience.

If I earned a profit from investing in these meme coins, I would certainly be saying it was a good investment but if not, I surely hate them.

Mehedi72

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Quote from: ahyadinnn on October 04, 2023, 01:02:12 AM

Why are you so interested in the new meme coin? do you hope the meme coin can be like shibainu? it is very unlikely to be able to compete or the price will be the same as shibainu, and don't be too hopeful about the meme coin which is only listed on the mexc exchange.

one more thing is, if mexc add any memecoin on their exchang, it doesn't mean that memecoin has potentiality to survive for long or that is a good memecoin! Not all exchanges are responsible like binance who verify coins before listing. Most of the exchange will add coins if they get Money. And such memecoins also delisted some time later. So buying memecoin based on listing on mexc exchange or any low quality ecchy, will be bad idea. Even i only found 5/6 memecoin list on cmc, where last one has more than 3000 rank something. So buying such memecoin won't worth anything

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Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

The growth of meme coins is only driven by hype and when the hype explodes then the meme coins will have no value in the market, meme coins are lucky coins so we cannot identify which coins are good to invest in because almost all of them do not offer us any real use and have no fundamentals so we often see these coins suffering in the market. My advice, if you don't want to experience losses, you should stay away from meme coins, especially now that the Crypto market is in a bearish condition.

ahyadinnn

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Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

Why are you so interested in the new meme coin? do you hope the meme coin can be like shibainu? it is very unlikely to be able to compete or the price will be the same as shibainu, and don't be too hopeful about the meme coin which is only listed on the mext exchange.

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Quote from: Biznesmen on October 03, 2023, 09:21:48 PM

Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

There are a few steps before you buy any coins, especially meme coins. The first is to visit a website that shows you trending, newly launched meme coins. You can check the daily gainer section and start to invest with unique and catchy names. The second step is to stay active on social media and follow genuine social media meme coin influencers. And you can join a telegram group as well, because there are many telegram groups that are made specially to spot new meme coins at very early stages, so you can take advantage of such groups. And you also have to understand that 90 percent of these meme coins fail, and most of them are pump-and-dump, so learn about the risk before investing.

So your last sentence just crosses out everything you said before. Even if the developers are truly trying to make some new good and catchy project it can fail because almost everything that matters in memecoins is luck and trends.

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Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

There are a few steps before you buy any coins, especially meme coins. The first is to visit a website that shows you trending, newly launched meme coins. You can check the daily gainer section and start to invest with unique and catchy names. The second step is to stay active on social media and follow genuine social media meme coin influencers. And you can join a telegram group as well, because there are many telegram groups that are made specially to spot new meme coins at very early stages, so you can take advantage of such groups. And you also have to understand that 90 percent of these meme coins fail, and most of them are pump-and-dump, so learn about the risk before investing.

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Quote from: kevinzxz on September 05, 2023, 08:46:47 AM

Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

you don't need to understand the market position to invest in meme coin, because all meme coin are the same (useless), so if meme coin are hype, then you can invest in meme coin to make a profit, but my advice is that you better invest in meme coin that are already popular and have a high market capitalization (such as DOGE, SHIB and PEPE), then never invest for the long term, so if the price of meme coin is trending up, then you can invest in meme coin to earn profit, but remember you should not be greedy.

This is true, people should definitely stay away from it because there isn't any money to be made from this without a doubt. I think it should be important to make sure that you are not going to make any profit from meme shitcoins, if you invest into something like bitcoin then you could make some profit and that would be a lot more important.

I understand that it is not that simple and I understand that some people may approach this differently but that doesn't mean that you are going to make money from it that easily neither. I hope that people would realize that they could end up with a good return one way or another, and when they do that it would definitely be something that will change some things in the end.

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Quote from: lalabotax on September 09, 2023, 05:57:49 PM

Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

If you are new and very interested in meme coins, then it would be better to really learn about it. If the meme coins already have an ATH, it would be better to avoid them, because usually meme coins that have touched the ATH and have started to drop again will be very difficult to rise again. most of them will end up in shit coins. There are lots of memecoins that eventually become shit coins. Don't trust memecoins too much, especially those listed only on regular exchanges.
If you can't yet, it's better to avoid meme coins, unless you can really judge when they will go up.

this statement honestly is true, usually meme coins after reaching certain all time high they went downhill, why? because quite literally everyone is dumping their meme coin in to the market for the sake of liquidating their investment to make investment in yet another emerging meme coins, they are already preparing for it.
meanwhile the meme coin which has reached all time high will eventually getting abandoned i mean they might retain their market capitalization which was initially quite huge but it is undenied fact that from here on there will be no significant rally or even market movement coming from such meme coin, just see at shiba, so many innovation yet the price going nowhere.

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Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

If you are new and very interested in meme coins, then it would be better to really learn about it. If the meme coins already have an ATH, it would be better to avoid them, because usually meme coins that have touched the ATH and have started to drop again will be very difficult to rise again. most of them will end up in shit coins. There are lots of memecoins that eventually become shit coins. Don't trust memecoins too much, especially those listed only on regular exchanges.
If you can't yet, it's better to avoid meme coins, unless you can really judge when they will go up.

kamvreto

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Quote from: blockman on September 08, 2023, 05:57:28 PM

It is a must when you're giving care to what you're investing for. You're investing your money and that's why it has to be taken care and make sure that you know where you're putting it. And it varies from person to person and depending to what we think with the top altcoins in the market. Some that you have mentioned, I also got it but for some people they might not be obliged with that and could disagree.

whether you agree or not is everyone's personal choice, the important thing is that they will be responsible for their own choice. This is an investment goal that must be achieved, whatever asset you hold, as long as the coin has a good reputation and you are confident, then you can continue. ETH has always been the best than other altcoins and it is everyone's choice. Do your own research and determine which one is best, it will satisfy you more.

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Quote from: kamvreto on September 08, 2023, 03:33:03 PM

Quote from: blockman on September 08, 2023, 12:42:33 PM

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

Quote

Bitcoin no doubt but also be selective with top altcoins.

and in the end all will be broke and stressed people. not everything that goes in at the beginning will go well. Sometimes there are several scammer projects that are designed so that it seems as if the victim is in at the beginning, but in the end when the scammer has succeeded in deceiving them, the scammer will leave and leave the project.

I agree, not everyone is going to have the same ending as the others that have became successful.

Quote from: kamvreto on September 08, 2023, 03:33:03 PM

being selective with the rest of the crypto market has to be done.
and being selective in choosing the top altcoins is of course also done, ETH, BNB, SOL, MATIC, might be an option.

It is a must when you're giving care to what you're investing for. You're investing your money and that's why it has to be taken care and make sure that you know where you're putting it. And it varies from person to person and depending to what we think with the top altcoins in the market. Some that you have mentioned, I also got it but for some people they might not be obliged with that and could disagree.

kamvreto

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Quote from: blockman on September 08, 2023, 12:42:33 PM

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

Quote

Bitcoin no doubt but also be selective with top altcoins.

and in the end all will be broke and stressed people. not everything that goes in at the beginning will go well. Sometimes there are several scammer projects that are designed so that it seems as if the victim is in at the beginning, but in the end when the scammer has succeeded in deceiving them, the scammer will leave and leave the project. being selective with the rest of the crypto market has to be done.
and being selective in choosing the top altcoins is of course also done, ETH, BNB, SOL, MATIC, might be an option.

blockman

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Quote from: kamvreto on September 07, 2023, 05:00:00 PM

Quote from: blockman on September 07, 2023, 03:16:41 PM

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

Turn into bankrupt and poor or turn into billionaires with lots of benefits. a fact that does happen and more people will be harmed than benefited if memecoin is only used as initial hype. Memecoin will not last long if it is not developed properly. the more memecoin appears, so if you want to enter, you have to be very selective.

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

Quote from: kamvreto on September 07, 2023, 05:00:00 PM

be prepared to lose or can gain a lot. Bitcoin and top altcoin investments are good recommendations.

Bitcoin no doubt but also be selective with top altcoins.

kamvreto

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Quote from: blockman on September 07, 2023, 03:16:41 PM

Quote from: ?? on ??

Meme coin didn't good coin but some meme coin successful your life changing.Meme most token didn't succee.I didn't like meme token but some time meme token buy your life changing.

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

Turn into bankrupt and poor or turn into billionaires with lots of benefits. a fact that does happen and more people will be harmed than benefited if memecoin is only used as initial hype. Memecoin will not last long if it is not developed properly. the more memecoin appears, so if you want to enter, you have to be very selective. be prepared to lose or can gain a lot. Bitcoin and top altcoin investments are good recommendations.

blockman

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Quote from: ?? on ??

Meme coin didn't good coin but some meme coin successful your life changing.Meme most token didn't succee.I didn't like meme token but some time meme token buy your life changing.

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

Quote from: ?? on ??

I didn't support this token but some Meme token great opportunity.

If you're too early then it can be said that they're great for opportunity. But it's like a gamble that you have no idea if the choice you've made is going to be better than others.

Hildentine

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I think meme coins are that type coin that can't going in long time they are different form other strong project.
Some time they are pump hard in start and they are suddenly down hard so anyone how are invest in memecoin my believe is that collect your profit in start time one memecoin down so they are Pump again very difficult..

gunhell16

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Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

You know, I remember that before 2017, meme coins were not that popular and were often said to be zombie coins. Then, over time, the so-called zombie coins disappeared, and people were no longer careful in the crypto space. Now, what seems to have taken over is that most meme coins are the shit coins or zombie coins that other communities are thinking about in this business.

Now, I can't say much about the good or bad position of meme coins. Most people know that the risk in meme coins is high at this time because it is very volatile, especially since we are in a bearish market and the chart is almost in a down trend and we are not yet in a bullish trend. Maybe it's better not to prioritize the meme coins right now, dude, think carefully about the investment you're going to make in that matter.

dlightag

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That's very good and easy way to identify meme coin's as long know the coin smart contract address and base on the MEXC Exchange platform price chart is easier to identify good position to buy and is very bad when bought at to and the price get to bottom price chart. As a cryptocurrency investors or trader's need to know the two common thing in mind before buying.

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If we talk about the Mexc exchange then it is not supposed to be an excellent exchange between some other Exchanges and most commonly we have seen MEXC lists many coins with a low volume which we have seen on daily basis. So, you should see them on binance most probably.

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Quote from: Games.Bitcoin on July 17, 2023, 11:04:50 AM

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

you don't need to understand the market position to invest in meme coin, because all meme coin are the same (useless), so if meme coin are hype, then you can invest in meme coin to make a profit, but my advice is that you better invest in meme coin that are already popular and have a high market capitalization (such as DOGE, SHIB and PEPE), then never invest for the long term, so if the price of meme coin is trending up, then you can invest in meme coin to earn profit, but remember you should not be greedy.

Topic: How can I understand meme coin good or bad position? - page 2. (Read 1072 times)