Topic: how do you think meme coinis? (Read 198 times)

If you are not a member of the team, or do not have friends there, then you will never be an early participant in such a community. You will buy such meme coins at the price at which the team members decide to sell their coins in order to make a profit.

Investing in meme coins, such as Simsol can be highly risky and speculative, while some have seen significant gains with coins like those on the Solana blockchains, it is crucial to recognize the volatility and uncertainty that come with such investments. Before considering investment in Simsol or any such coin, it is important to thoroughly research project's fundamentals, the team behind it, its use case, community engagement and viability of the project in the long term.

To be honest, it is not safe to put a lot of money into memes, in my opinion, when you see a meme coin, always think that you are playing a gambling, in which case you put money into the meme coin, you are putting money that you can give yourself the luxury of losing and you won't miss it. for example, if you have 500$ to invest in meme coins, then do research on many meme coins and choose the 10 best meme coins and then put 50$ in each meme coin and hold, but always keeping in mind that the 500$ that You put in the 10 meme coins and the money you are willing to lose will not be missed, you will not complain when you lose. about this meme coin you posted, honestly I don't think you should put money on it. better choose meme coins that at least are good for something


These scammers who keep creating meaningless meme coins, create them because they know that there will always be many greedy people who will buy the meme coin they created. As long as people don't stop being greedy, scammers will always continue creating meme coins and deceiving people. Just yesterday I saw an altcoin rise more than 100x and after more than hours passed the price of that altcoin fell a lot and I was wondering what must have happened to those people who bought at the top. they must have lost a lot of money. unfortunately, and why did they lose money? they lost money because of greed

Meme coins are many but trust each of them is highly risky and one cannot trust because it's a matter of money and no one wants to lose his money. Actually with the name of meme coins many creators are trying to create their scam projects as a result of which people lose their trust in meme coins.

I think few meme coins are beneficial but due to some scams most of the people don't trust meme coins and it is also a reality that meme coins lose their value after getting a good response from investors and collecting money from them because the main aim or creators of such coins is just to scam others.

For initial investors, it might be very profitable, especially if you are not too greedy, waiting for the price to reach ath, but for those involved, when this coin is already in trading and has risen by hundreds of percent, it will certainly be very risky and you have to remember that if you don't like risk, playing in meme-coin will make you become frustrated because even though meme-coin can provide fantastic profits, many also experience fantastic losses and also the prices that appear could be manipulated by the developers because they are ready to throw away their coins when the price has reached the target.
I have one of the meme-coins from the bull run a few years ago and the current price has not yet reached its highest price so the meme-coin will only be used by whales to have fun and make retail suffer if they don't enter or exit the market correctly.

Better not to chase the meme tokens because it's too risky and for me, it's ok to missed them than to get trap because of hype.
I've made a few profit form the meme token with SOL and I can say that the price fluctuates as expected and if you are going to introduce another meme token here, I guess you are just trying to hype it as well. Be careful and don't be greedy with the meme tokens, this is all about the hype and timing.

I agree with you. Actually Solana has some good meme coins but ultimately meme coins are not a good investment option. I don't like meme coins even though I have bought some. Meme coins are very easy to make and they can be exploited by scammers to make a profit. They create a meme coin and then promise big profits and when it is listed on the market, the project owner will immediately sell all the assets and go back to creating a new meme project.

No one knows but I give you some good thoughts to think of. The meme coins are not going to last forever with this craze. There will be a stoppage of this hype and we don't also know when that will happen. And as for the bunch of altcoins and meme coins that we're having in the market right now, it's not possible that we see that many of them are doomed to fail because not just it's labelled as a memecoin in the solana network means that it will be successful.

The SOL was one of the promising project that generate hue figures for investors. We should extremely careful when it comes to the market, I'm always one step ahead of my colleagues because I'm pretty sure of the incidents that's coming. Memecoins are trends that will lure investors to invest in failed and scamming projects, thereby leading them to experience loss. We can never be too correct when it comes to the affairs of the market, alot of things have fallen out of shape.

Well meme coin is said to be a very risky investment it is because meme coin has no use case, but if we give it a try there is no harm on it because it is low at price and it only needs a small amount of capital to have millions of meme coins. So give it a try it is all depends on you and your own decisions is the very important, you can get an advice through this furom but in the end your decision is a most important because profit on investing depends on the investor and how they understand thier investment.

If you’ve seen other past meme coins on Solana and how they performed well and gave a lot of early adopters profit, you can as well try this one out. Every risk comes with its own implications, if you can take the risks and can manage the loss according to what you use to invest in them, it will be great if you give it a try. This is not a financial advice but the reality is that, without taking the risk, you’re no way closer to success.

Meme coins are a very highly volatile coin that can make you rich in few minutes and can as well do the opposite in minutes. Some could be fake projects also, do your research before investing in them. I have no issues with meme coins, I only invest what I can afford to lose when putting some bucks in them because that’ll be better for your mental health when things don’t go as planned. Most importantly, always do your research before buying any of them.

I just checked the project website through the link you provided and the project looks scamming. A legit meme coin or airdrop project website would not look like that of this. And anything that connected to Solana network is not advisable to invest it participate in it because the amount you will use to acquire the coin, you can't get it back in the next bull market or next few years because the transaction fees are high and what you would get if you invest would be very small. "Experience is the best teacher", I am not discouraging anyone, you can try your for those who are investing in any new mem coin that comes to the ecosystem.

But be careful with them. I have seen a lot of people crying because they have lost enough to this kind of projects.

Well I don't pick interest in this memecoin, so whenever time I see people investing in memecoin I always look at them, reason is because I don't think if they know the risk that is involve. However The main reason why I always avoid this memecoin is because you can't predict thier future, probably you might see them pumping so high but all of a sudden they keep falling.

Of course it is only for speculative purposes that people assume that a coin built on another coin’s blockchain wherein that coin is a legit project and not a scam one.

Ofcourse we can not predict what will happen for each coin but if we want to invest early we need to stop overthinking and sometimes just go with what we known right now. Of course you should be aware that the coin might not actually achieve anything. But still it would be good if you took that leap of faith with some facts.

You cannot use the success of one meme coin to compare the success of another meme project, even if those coins are built on the same smart chain network. For example, 10 meme coins could be built on the Solana chain, but only 3 or 4 of those projects will be successful. You cannot expect all the projects to be successful because they all have different marketing strategies, different services to offer, and different visions.

While investing in meme coins, just invest the amount you can afford to lose. People can only speculate on the price of a coin but cannot be very certain about its success.

I am not a fan of memecoin but it's sort of gambling either you hit the bounty or you lose out your capital but yeah there has been numerous memecoins which has been successful especially in Solana network but we also need to look at those who have failed to balance the risk equation and then we can take a call. Memecoins are not for serious investors it's for those funds which we can afford to lose and also willing to take huge risk as it's high risk, there are people who may do that but I am not one of them and I can only say that DYOR and consider it as gamble rather than investment.,

When dealing up with meme coins then it would really be a hit or miss kind of stuff and i have been trying out to deal up with those meme coins that could potentially hit up 1000x or even more but i did only end up
on 33x-80x maximum on which its not really that bad at all considering these kind of jumps could really bring out a fortune but of course the chances or odds on hitting up these kind of meme are really that slim.
I have missed out that WIF which it do really sucks that i have sold out on 5x as far as i remember and later on i have seen those coins had go into the moon which it did really bring out that huge regret.

On the time that you would really be dealing up with meme then always invest on the amount you can afford to lose and just like i have said that this is really just that like a
hit or miss kind of thing and if you are someone whose really that loves to deal up then you would re ally be having that kind of gambling like kind of approach towards these stuffs. 

We're at best, speculators; not soothsayers. If you're asking for someone to assure you of what project will do exactly what, that may never happen. Again, you've to know that any investment in memes carries a greater risk than normal investment in alts with utility. Memes are just fun or play tokens. There's a possibility that one can lose one's capital in it than make money out of it. Easy come, easy go.

Those who have memes dominating their portfolios know what severe dip and loss they're faced with now since these past few days that the market has been bleeding. Memes are good for flipping accounts but they can also easily wreck one within 24hrs once there's FUD. Just be careful and know what you're doing. That's if you aren't disguising as an interested investor whereas you're a member of the project team.

Let me tell you the secret of memecoin and if you are that knowledgeable enough you will learn from here. Look if you must invest into memecoin or any other solana chain projects don't wait till its gets overpopulated or being carried by many influencers. As you have the signal just invest with the little you think you have to be able to control the risk and hold, by the time those famous influencers began to tweet about the coin you sell of immediately have your profits or you can take off your capital then gamble with your profits if you still decides to hold till you achieved 10x to 100x that is the only way to follow these memecoin anything other than this then you are at a very high chance to lost everything to early investors. Mind you, my advice to you is not a free card to start investing in any project you come across, please only invest on what you can afford to lose otherwise, if you face any lost I won't be responsible for that.

How did you know that this token exists if you are not one of the people behind it?
I can't even see it on dextools or dexscreener.

Otherwise… People should be very careful for now. This is what rugcheck.xyz says.


You might be focused on the coin mooning, yet it's a pre-planned rugpull waiting to happen.