Topic: How do you find new meme coins early? - page 3. (Read 1555 times)

All coins/tokens are risky to own, and when we buy them, we should know that we are taking a risk (not only with the new ones), but the newer the project is, the riskier it is. Many coins/tokens projects have failed and many had escaped through and people are still appreciating them till today. It is all about our affinity to take risks and how we can detect good projects. We should never rush and also not believe everything we see and read on social media even though that is the avenue to get fast information about any coin/token (new or old), but do a thorough investigation first.

There are app feeds too aside from the most popular social media platform, they are so informative as well, especially if you are following the experienced guys in the field who will always alert you of new projects, how to go about it and all that. However, it is not about buying the new projects only but buying the right projects, and what I do is to wait until the new coin/token is listed and see the market reaction for a while if I have not pre-bought it before launching. If bought already, the moment it breached a negative line, I liquidated it ASAP. But if it never got to that level so fast, I would wait until a satisfactory earning is made in the first tranche. I will liquidate at this moment and reinvest if it is worth it later. Again, if I've not bought it yet, I study it carefully after launching to see if it is worth it or not, and hours of the launch could help me decide on this, therefore, no rushing still.

I don't think anyone is hunting meme coins.  We all know how risky Meme Coin is.  No one wants to lose his money.  It's funny to hear that someone is hunting for meme coins. But investing in meme coins is only for a short period of time.  I don't think long term investment will bring anything good. Meme coin is not trustworthy. It is very risky.  I would say better not to invest in it.  But it depends on one's opinion.

Why is everyone here replying to this topic so obsessed with meme coin. I did go through the number of replies and it felt everyone here except a few a eager to get rich. The point of creation of meme coin after dodge coin exploded was to utilize the hype and ensuring the trend continues. This is what is happening and it will continue unless newbie realize it is a loop to make money by those launching this shitcoin.

"Can be" is a bit of a stretch. For every thousand meme tokens out there, there is maybe one that could make money, so you are still gambling and taking a way bigger risk. At least with gambling, you could lower the chances, like lets say you put all your money on black on roulette, you will either win or you will lose, there is roughly 50% chance, minus the zero of course, but it's close to that, you have a chance.

With meme tokens, you are not anywhere near that level, you have less than 1% chance to find the good one, and you may lose all your money. The sentence "can be profitable" makes it sound like that is a good possibility, when something has less than 1% chance to make you money, maybe 0.1% chance to make you money, saying it's possible and saying can be profitable is just not fair.

Gambling has a higher chance of making you money, and we all know it is usually not going to be profitable to gamble, you will lose your money there. So, if there is something with a higher chance and yet still everyone loses their money, then what if something which has even worse odds than that should be called? I think gambling is generous.

Sometimes research won't help, memecoins pump mostly because of hype. And it depends on advertising and luck. And sometimes even if advertisement is not bad memecoin just don't get attention.

Meme coins are not trustable because sometimes your will see surge in its price but immediately it will loss value therefore keep in mind that it will requires your long time and deep research without which you cannot choose meme coin as its not guaranteed. Meme coins were not acceptable in past but now as few memes showed good results so people visualise that every meme coin will act like that of doge and Shiba but that's not accurate information.

Sometimes luck helps a person and he win good sum of money due to investment in meme coin but all the time meme coins are not responsible for your success but it is the trend and condition of market that make you wealthy with the help of unknown coin. So deep research and your outstanding skills can have better impacts on your financial condition but meme cannot give you profit as you expected from it always.

What you said may be for experienced, but investing in memecoin is more risky than gambling for inexperienced or novice investors. Meme Coin has no future direction, purpose or road map, so investing in Meme Coin is a huge risk for a new investor. Before investing in Meme Coin, the investor should do a solid research. So that the investor can protect the capital. But for a skilled investor investing in meme coins can be a very good way to make money. But I never want to risk investing in meme coins

that's what happens to people who only participate in memecoin investment. Such investments require time and focus. meme coins will fly with the hype, and after that dump. the increase is extraordinary, but you can see how the coins disappear.
if you don't have the skills, it's better not to put our money on memecoin. for the lucky ones, they can make big profits in a short time. but I think more of them miss the moment.

Some would really be thinking about 50-50 chance on which in gambling then it would be 50% on losing or winning, same goes for investing on a project on which it would be having 50% chance whether you would be hit
a good project or not. It would really be just that there are people who do love to gamble but actually you could really be able to increase that hitting the right project if you do make out some good research.
The thing that they would really be loving on why they would really be liking to hit up that few dollar investment into a million or hundred thousands.  Finding out meme coins on early would really be that hard
specially it would really be hitting up on DEX first.

It would really be just that depending on you whether you could take up the risks or not. Some do able to make huge money but of course risks factor and handling would
really be something your crucial thing to be considered. Know on how and when to take profits and move into another one specially if you do make yourself
that getting involved with degen but if we do speak about legit projects then it is really just that fine.

Personally I think it's best to use Dexscreener and their filters (found on the far right of your screen on their website "at the time of this post") to discover new tokens. I do agree that X and Telegram are good sources but lets be honest.. you have to build up private channel access on Telegram and connect to get insider information to have a real chance at early coins "ideally" before the pump and on X you have to follow the right people or curate some pretty decent search footprints to sift through their content to find upcoming launches / new tokens etc.

Nevertheless, for me personally as a caller, research is everything to me. It's not sexy and it's not easy but in the long run it does pay off.

Additionally, I also find that signal bots are helpful too.

I tend to view these as additional sets of eyes to spot coins in additional to my own manual research. Call bots are also helpful in finding tokens early on their marketcap but even there you do have to do some screening.

Channels that provide information on token deployments are helpful too but no matter what you spot, you "must" get into a habit of scanning every contract as well. There's no way around that in my personal opinion so that you're not running into obvious rugs, scams etc.

This is my first post here but hopefully that is helpful information for some of you.

In gambling you still have chance to win but in meme coin most of the investors took losses due to a lack of knowledge or, if I can say lack of good fortune. I can still remember that someone i know of got information about shiba inu before it started to rally. But he hesitated to invest and later regretted his action. He was just unlucky and there are countless people who made investments in shiba inu after seeing lots of promotional videos about it and later found that whales dump on their investment.

They are hoping that once the hype comes in they are the first that will going to exit and earn decently, just like what you said same deal with gambling hoping for luck to arrive then take advantage on it, I think there are people who are willing to take that kind of gamble with a high hope that one of this days he will manage to pick that lucky meme project that will give him huge amount of profits.

Who knows with your $5 investment it will pump to something that you never imagine, inside crypto, there are numerous times that it happened.

I think gambling is riskier than investing in memecoin. investiing in memecoin is also very risky. but still chances of earning profit are higher.. specially nowadays when memecoins are in so hype. every new memecoin is rising by multiple x. so finding early memecoins and investing small amount in them can be a very profitable way of earning some money.
but it has its own risks so every memecoin hunter or everyone who want to become a memecoin hunter should always consider these factors before buying .

I think you can use Telegram or Twitter to find new meme coins quickly. Because meme coins are mainly the reason of attraction of people through social media. Meme Coin is hyped through social media. However, utmost caution should be exercised before investing in Meme Coin.

It is an eternal truth that market research must be done before investing in any business. Before investing in meme coins, especially in cryptocurrencies, one must analyze the coin well. The price of meme coin is largely influenced by its popularity on social media which is very attractive to investors. Actually Meme Coin has no future direction, purpose or road map. Investing huge sums without any research can surely bring you regrets. I myself lost a lot of money investing in meme coin, which I still regret when I think about it.

Twitter has full of those meme coins update from the fake one to the real one. If your account is oriented around cryptocurrency then it's pretty easy to find new meme coins by the algorithm and retweets. Or you can join those insider meme coins group, they will surely bring the news about a new memecoin if that's interest you the most. Although some of the telegram users there are just bots, so you won't get any discussion there.

I also often encounter this. but they don't buy in large quantities, maybe less than $5. They hope that the price of the meme coin they bought will rise drastically because currently the meme coin on the Solana network is hype. It doesn't matter because it's their right, they are the same as playing gambling because the chance of losing money is much greater than the chance of winning 

That's true, there's no guarantee even you done with your own research, there are still chances that you might fall into the hands of scammers, though it's better than doing nothing, as the risk is lessen and you won't be pointing your finger to anyone in case you failed youself in finding the right coin to invest.

Crypto market is always a risk not just meme but also those many alt projects that being offered inside the market, it's all on how you deal with your decision making when placing your investment,.

Doing research in a coin doesn't mean you might not fall in the hands of scammers. Scammers nowadays are coming up with very brilliant ideas on how to make every thing look very real and legit until you loss your money buying their project. So your own research might fail you even after reding their white paper and observing the coin for a while. Finding coins earlier and investing in it before it gets listed in any exchange is even more risky than any other form of investment because, that could be the only place where that coin might be seen untill it is no more.

Buying a project without a research is more like gambling over your money.. Although, doing research before buying a coin doesn't guarantee that you will make profit from the coin.