How fast can one achieve Crypto millionaire status with meme coin? - page 2.

Bushdark

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Quote from: AnonBitCoiner on March 29, 2024, 06:36:49 AM

Quote from: Nothingtodo on March 26, 2024, 10:57:07 PM

Shiba Inu, pepe, Bonk, WIF All these meme coins have made many millionaires this year. Those who bought memecoins in the bloody market in 2022 have received thousands of times the profit from all those memecoins this year. If someone had invested 1000 dollars in all these coins at that time, he would have made a profit of millions of dollars this year.

Exactly all those have gained huge profit from meme coins who invested during bear season when every coin was in dip therefore it is necessary to buy coins when the price was lower but many people don't take such risk and in future they feel sad for their deeds.

In my opinion it is not suggested to put money in meme coins when the price become higher because they are already risky so investment in increasing price become more risky. Currently most of Meme coins have attained huge gain so one can easily get their rewards who invested earlier.

Making money in the crypto market is possible but we have to be prepared to wait and try to make money from the market and this is dependent on how much we are using to trade in the market. There are millionaires already in the crypto market planning to gain opportunity to make more money so that they could hit the level of a billionaire. Everything is possible as we need to work towards it buy investing in new projects at presales and buying less expensive tokens to hold for the bull. This is a matter of time and we need to fully ready for it with patience when investing.

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Quote from: Nothingtodo on March 26, 2024, 10:57:07 PM

Shiba Inu, pepe, Bonk, WIF All these meme coins have made many millionaires this year. Those who bought memecoins in the bloody market in 2022 have received thousands of times the profit from all those memecoins this year. If someone had invested 1000 dollars in all these coins at that time, he would have made a profit of millions of dollars this year.

Exactly all those have gained huge profit from meme coins who invested during bear season when every coin was in dip therefore it is necessary to buy coins when the price was lower but many people don't take such risk and in future they feel sad for their deeds.

In my opinion it is not suggested to put money in meme coins when the price become higher because they are already risky so investment in increasing price become more risky. Currently most of Meme coins have attained huge gain so one can easily get their rewards who invested earlier.

Nothingtodo

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Shiba Inu, pepe, Bonk, WIF All these meme coins have made many millionaires this year. Those who bought memecoins in the bloody market in 2022 have received thousands of times the profit from all those memecoins this year. If someone had invested 1000 dollars in all these coins at that time, he would have made a profit of millions of dollars this year.

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Quote from: Altcoiner007 on January 24, 2024, 02:03:48 PM

Can we truly become Millionaires with meme coins?

It's possible, but highly unlikely. The vast majority of people investing in meme coins lose money, or make modest profits that are nowhere near life-changing amounts. While a few early adopters of specific coins have seen ridiculous gains, they are outliers of an exceptionally risky investment strategy.
If you're exploring meme coins, do so with extreme caution. Only invest what you absolutely can afford to lose, do your research, and never let the potential for "becoming a millionaire" cloud your judgment.

Jonyshake71

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Depends on fund. If anyone invest $0.1 million then maybe Memecoin can make him millionaire within a day by pumping itself 10x. Or we know the story of shiba inu! Investor bought $17 worth shiba and it turned into million maybe within some months. If anyone invested 17k$ then maybe he could gain billionaire status! Well come to reality! Thousands of memecoins are here, nobody knows anything. No roadmap, no sign or indication. Don't hope too much otherwise you'll keep losing continuely

tengui

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The answer is yes, if you invest in the right meme coin. the problem is who can guess which meme coins will be hyped in the future?
and one more thing, if you want to be a millionaire you shouldn't invest in meme coins that are currently hype. This means you have to invest in meme coins that are not yet hype and have very cheap prices.

|MINER|

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Alt coins have no guarantees. It is not possible to say anything specific about it. But getting rich overnight by investing in altcoins is ridiculous. Al-Coin prices have also seen an uptick along with Bitcoin after the recent erratic run. Like memes, the price of Shivaay Nu has also been seen increasing. Investing during this period may bring you some good returns but it is not going to make you a lot of money very quickly. And it might be foolish to expect that. Investing a lot of money in altcoins without checking it can be a stupid reason to watch the price of altcoins increase.

AVE5

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I can't afford to invest an amount that is not affordable for me to loose in Memecoins nomatter how lucrative he project may look like.
Yes I agree that of you if one must achieve a millionaire status while investing on the Memecoins then the Investor must also be a millionaire or a thousandnaire because you must have to invest such a huge amount of fund after market analysis and knowing that the market would rocket to the moon in a close time and I'm sure the Investor wouldn't have to keep an eye off from monitoring the markets else as long Memecoins is concerned, there's a potential risk to loose it all after a great rise in the market.

Obim34

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Quote from: goaldigger on February 17, 2024, 02:55:25 PM

It can happen over night, within a week or even a month considering the hype is there and the capital is huge.
We know that meme tokens are unpredictable and being manipulated, you’re lucky enough if you are able to buy and then later on it pumps but its very rate to see meme token pumps that much. Don’t expect to become a millionaire if you only invest $100 with the meme token, because it may never happen to you.

Memecoins can do both the pump and dump within some few hours, we never just know and invest blindly. It's not rare to see memecoins pumps, I think they are most of crypto investment that has the highest one time pump, just little buy can make a person a millionaire, it's unpredictable.

Y3shot

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Even bitcoin that has more value and very reliable can not make one to be rich. Expecting meme coin to make you become rich is impossible because meme coins are coin that are known to be very risky and most of them are scam project. Normally investing in memecoin is something that people shouldn't expect much from and dealing with meme coin it is advisable people invest only with little amount that they can afford to lose.

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Quote from: electronicash on January 24, 2024, 02:51:35 PM

wow $11.87 turned millions in a year. the investor must have been the first among those who bought SHIB while it was in its early listing.

nothing wrong with being hopeful but you may spend more than $11.87 to make millions. the ones that had rocketed already a few weeks ago was BONK. people don't know about it until the price is already up there. if $11 can make you own billions of it, it must be a good buy and wait.

This is very rare and for me I don't think this is even posible. We need to know what we read and try to comprehend it well so that we don't end reading and writing what we don't know. The crypto market has it own way of compensating us if we hold the right crypto project. I have never seen the possibility of turning $11 into millions. The possibility of this is not there, maybe this is just hype and nothing more.
It is good for op to through more light so that we could understand more.

goaldigger

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It can happen over night, within a week or even a month considering the hype is there and the capital is huge.
We know that meme tokens are unpredictable and being manipulated, you’re lucky enough if you are able to buy and then later on it pumps but its very rate to see meme token pumps that much. Don’t expect to become a millionaire if you only invest $100 with the meme token, because it may never happen to you.

Lorence.xD

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Depends on how well you would ride the tide. We all know that meme tokens are so volatile and won't continuously and consistently increase. Most of times, its market price only increases due to whale manipulation and when there is an uprise price direction with major tokens. This only means that earning huge profit from it won't be easily achieved even if you will increase your capital 'coz the bigger your capital is, the larger your loss could occur as well. You could more achieve this by major token buy low and sell high strategy. Major tokens such as Bitcoin and Ethereum are ones having biggest chances for a price increase over other coins.

Quote from: LastKiss on February 17, 2024, 12:02:25 PM

Quote from: Altcoiner007 on January 24, 2024, 02:03:48 PM

~snip~. The recent one I found and still considering is Dogwifhat WIF recently listed on Bitget, Raydium and other cex probably or what do you all think? Can we truly become Millionaires with meme coins?

Well, meme coin uptrend won't last long unlike Bitcoin or another altcoins, mostly meme coins full of manipulation and become exit liquidity in the end. Someone may become a millionaire just in few days with meme coin by investing in the correct one but it's very rare, we should know the risk because it can give you tons of money and it can vanish your money in a day. If you think meme coin that you just found is good with a strong community just invest in there for a short term don't for the long term because most meme coin will fall down when the hype ends.

Yes, most of the time increase is not reaching 10% or above, and decline always follows. Also, it will still depend on your risk tolerance and amount you will invest. If you are just using below $1k, then it will be a long run to reach such desired profit. Short term investments are ones which could generate bigger profit however, those are the ones which cause larger loss as well.

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Quote from: Altcoiner007 on January 24, 2024, 02:03:48 PM

~snip~. The recent one I found and still considering is Dogwifhat WIF recently listed on Bitget, Raydium and other cex probably or what do you all think? Can we truly become Millionaires with meme coins?

Well, meme coin uptrend won't last long unlike Bitcoin or another altcoins, mostly meme coins full of manipulation and become exit liquidity in the end. Someone may become a millionaire just in few days with meme coin by investing in the correct one but it's very rare, we should know the risk because it can give you tons of money and it can vanish your money in a day. If you think meme coin that you just found is good with a strong community just invest in there for a short term don't for the long term because most meme coin will fall down when the hype ends.

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Quote from: MIner1448 on February 03, 2024, 04:18:04 AM

If you mean boom meme coins like it was with dogi coin, then I think it was a one in a million chance. Its price tag was raised by a well-known person with the help of his tweets, but this did not last long, the same with other meme coins, it is impossible to predict such a price boom, because there is no technology or in-depth analysis, it is purely hype.

It is very difficult to be able to repeat something like that, and that is an exception that is only due to chance, and I agree that the probability of being able to get something like that is very high, and one in a million is to give an example that seems very unlikely to happen again.only relying on tweets and his followers believe in that and raise prices quickly but then those who speculate to buy because of influence, actually experience losses because the time has disappeared.No, and don't rely on meme coins because it is not and is very difficult to place meme coins as a reliable investment.

MIner1448

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If you mean boom meme coins like it was with dogi coin, then I think it was a one in a million chance. Its price tag was raised by a well-known person with the help of his tweets, but this did not last long, the same with other meme coins, it is impossible to predict such a price boom, because there is no technology or in-depth analysis, it is purely hype.

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Yes indeed we can easily become millionaires with the meme coin if we have enough money then both losses and gains are balanced if you have enough for investment. If there is such a quantity then whoever is going to buy meme coin before listing it is not yet in the market, then the person should invest in it, because I have seen it myself that it often goes 100x.

The most trendable coin we saw a doge coin how many people take profit from this as well as shiba innu. But these all done with trends and news. Now a day's market condition is good but we didn't see the growth in such coins because no trends no news

redwine49

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Quote from: GreenStox on January 28, 2024, 10:16:20 AM

I think the possibility is there, but not everyone gets that opportunity, maybe only 10 out of thousands or hundreds of thousands of people.
It's different if you buy a coin that has potential and is recognized, many people can become rich but not in a short time like memecoin.

I believe memecoin become viral mostlikely because of their profit and the most profitable crypto in all time is memecoin for example shiba and dogecoin.
That's why back in time many people hunt them but now, we don't even know it will be back or not

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Quote from: ichsan ardi on January 28, 2024, 04:07:38 PM

Quote from: Altcoiner007 on January 24, 2024, 02:03:48 PM

Interestingly, Meme coins are becoming more and more popular with significant indicators of the bull market. They're a cool type of cryptocurrency that combines internet memes inspired by popular memes and cultural trends. With the advanced technology like the Solana blockchain, these coins brings people together who are excited about and hold such tokens. While Meme coins are very risky, investors are excited to throw in their funds and if you ask them, they'll tell you that individuals who invest in meme coins before they become popular, it is possible for them to become wealthy or at least earn some money.

I read an analysis of Shiba Inu (SHIB) coin, which was launched in 2020. It was clear that purchasing $11.87 worth of SHIB at that time, an investor could have become a millionaire only one year and three months later because of its significant price increase. I need your opinion here, how fast can one achieve a millionaire status with meme coin? Asking because, after my analysis of the profit ratio of the likes of Shiba Inu, Pepe, Bonk etc, I am also on the look out for good meme coins to try out. The recent one I found and still considering is Dogwifhat WIF recently listed on Bitget, Raydium and other cex probably or what do you all think? Can we truly become Millionaires with meme coins?

It's true that there are people who have become millionaires because of memecoins, but that's just luck, in my opinion, that's the same as gambling. Buying memecoins is the same as wanting to get rich quickly. You need to remember that buying memecoins if you make a profit makes us make very high profits, but if we lose, our money can run out or have no value. What's more, instead of relying on buying memecoins, it's better if you buy altcoins like eth solana and others, investing in memecoins is the same as gambling, I think
do you agree with my opinion?

There are very few people who have become millionaires by investing in meme coin. I don't really like investing in meme coin because it is very difficult to make a profit by investing in meme coin. I don't know if anyone has ever made a profit by investing in meme coin. If we invest in altcoins instead of investing in them, it can bring profit for us.

ichsan ardi

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Quote from: Altcoiner007 on January 24, 2024, 02:03:48 PM

Interestingly, Meme coins are becoming more and more popular with significant indicators of the bull market. They're a cool type of cryptocurrency that combines internet memes inspired by popular memes and cultural trends. With the advanced technology like the Solana blockchain, these coins brings people together who are excited about and hold such tokens. While Meme coins are very risky, investors are excited to throw in their funds and if you ask them, they'll tell you that individuals who invest in meme coins before they become popular, it is possible for them to become wealthy or at least earn some money.

I read an analysis of Shiba Inu (SHIB) coin, which was launched in 2020. It was clear that purchasing $11.87 worth of SHIB at that time, an investor could have become a millionaire only one year and three months later because of its significant price increase. I need your opinion here, how fast can one achieve a millionaire status with meme coin? Asking because, after my analysis of the profit ratio of the likes of Shiba Inu, Pepe, Bonk etc, I am also on the look out for good meme coins to try out. The recent one I found and still considering is Dogwifhat WIF recently listed on Bitget, Raydium and other cex probably or what do you all think? Can we truly become Millionaires with meme coins?

It's true that there are people who have become millionaires because of memecoins, but that's just luck, in my opinion, that's the same as gambling. Buying memecoins is the same as wanting to get rich quickly. You need to remember that buying memecoins if you make a profit makes us make very high profits, but if we lose, our money can run out or have no value. What's more, instead of relying on buying memecoins, it's better if you buy altcoins like eth solana and others, investing in memecoins is the same as gambling, I think
do you agree with my opinion?

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