Investing in meme coins is worthy or not? - page 3.

Obim34

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Quote from: Sophokles on February 22, 2024, 01:15:13 PM

Quote from: hamba laeh on February 22, 2024, 12:35:06 PM

Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

In my opinion, to make a decision to invest in meme coins, good research is needed so that it has a good impact in making decisions. because memecoin has a very high risk. so it requires a long research. and for the project you convey, namely "dindang", in my opinion it is very worthy for you to invest because you have done your own research. so you can realize whether the project is worth investing in or not.

The only way someone can make a profit from a meme coin is by luck. Do you know what drives the price of a meme coin? There isn't any natural factor that helps a meme project grow. Some memes project price skyrocketing because some whales are manipulating the market by injecting millions of dollars into them. When a few lucky dudes get a handsome profit most people get stuck in those projects for a very long time. This is a whale game that plays with retailers.

Memecoins may not be the most perfect but closely looking at it, it has given much ROI unlike any other Altcoins has done. Their are definitely memecoins which has really come to stay and are already doing so, I would not like to mention but it's clear. So investing should be at the investors risk, first spectate and observe which is embedded with the required potentials of giving profits before investing.

Bushdark

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Quote from: Pi-network314159 on February 22, 2024, 07:41:53 AM

Meme coin is not worthy of investing. They are otherwise know as shitcoin or fomo. The reason why I said they are not worthy of investing is because they don't have a large market cap and dominance also they have billions of coin which could be worthless and very hard to reach 1cent talk more of $1. it might take a life time to give you what you want. But altcoin like BNB, etherium, LTC and many others are reliable because they have grown to an extent many investors have hope that It will not disappoint them so soon because it has a reputation.

I think you need to go and look at the market chart and check many of the good meme coins that we have in the market and check there position and how they have been doing well in market. Project like Shiba Inu, Pepe, Dogecoin and many others are good tk hold and could make us rivh if we know what we are doing. We need to be prepared and focus on what will give us money rather than agitating on what type of coin is the best and the ones that do not worth any investment.

Sophokles

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Quote from: hamba laeh on February 22, 2024, 12:35:06 PM

Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

In my opinion, to make a decision to invest in meme coins, good research is needed so that it has a good impact in making decisions. because memecoin has a very high risk. so it requires a long research. and for the project you convey, namely "dindang", in my opinion it is very worthy for you to invest because you have done your own research. so you can realize whether the project is worth investing in or not.

The only way someone can make a profit from a meme coin is by luck. Do you know what drives the price of a meme coin? There isn't any natural factor that helps a meme project grow. Some memes project price skyrocketing because some whales are manipulating the market by injecting millions of dollars into them. When a few lucky dudes get a handsome profit most people get stuck in those projects for a very long time. This is a whale game that plays with retailers.

hamba laeh

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

In my opinion, to make a decision to invest in meme coins, good research is needed so that it has a good impact in making decisions. because memecoin has a very high risk. so it requires a long research. and for the project you convey, namely "dindang", in my opinion it is very worthy for you to invest because you have done your own research. so you can realize whether the project is worth investing in or not.

Pi-network314159

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Meme coin is not worthy of investing. They are otherwise know as shitcoin or fomo. The reason why I said they are not worthy of investing is because they don't have a large market cap and dominance also they have billions of coin which could be worthless and very hard to reach 1cent talk more of $1. it might take a life time to give you what you want. But altcoin like BNB, etherium, LTC and many others are reliable because they have grown to an extent many investors have hope that It will not disappoint them so soon because it has a reputation.

passwordnow

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Not with the one mentioned by OP and the others that have been considered to be meme coins that they're the next big thing.

Quote from: doubletheprof on February 22, 2024, 07:12:27 AM

High risk, high reward, pretty fun tho.

It's all fun and games until you start to lose that money of yours with meme coins. While the ones like Dogecoin have been profitable together with shiba and pepe but, not all of them are going to be worth of your money. Pretty fun and wild ride if you're able to profit but if you're too late and just bought because of the hype, you're doing a wrong thing.

doubletheprof

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High risk, high reward, pretty fun tho.

Lind

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Quote from: lepbagong on February 09, 2024, 10:44:14 PM

Quote from: slashz9 on February 09, 2024, 09:43:36 AM

I think when it comes to memecoin you should already know that if the price is too high you should be careful.
If you have been in the market for a long time, you should know about this and look for new projects.

What do you mean by the price being too high? Is it higher than the base price, or is the price really higher than other fellow meme coins?As far as I know, the meme coin is at a very affordable price, and only Doge has been able to increase quite a bit for the size of the meme coin, with an ATH of $0.7316.but in comparison with other altcoins, it is not the best or highest.You are right that if meme coins can increase sharply, of course you have to be careful because they can quickly become worthless in the future. That is the characteristic of meme coins. So don't make a serious investment in meme coins, but if it's for speculation, it's fine because the price is cheap, and Doge and Shiba can certainly be an option.

DOGE is used for transfers and mined, has its own blockchain, satble emission. How can that be compared to some shite like SHIB which IS A TOKEN! This logic is mind-blowing, a project clinging on another chain which is POS itself. How can SHIB be called an "ecosystem"? Roll Eyes

Like a bad parody of Satoshis dream.

lepbagong

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Quote from: slashz9 on February 09, 2024, 09:43:36 AM

I think when it comes to memecoin you should already know that if the price is too high you should be careful.
If you have been in the market for a long time, you should know about this and look for new projects.

What do you mean by the price being too high? Is it higher than the base price, or is the price really higher than other fellow meme coins?As far as I know, the meme coin is at a very affordable price, and only Doge has been able to increase quite a bit for the size of the meme coin, with an ATH of $0.7316.but in comparison with other altcoins, it is not the best or highest.You are right that if meme coins can increase sharply, of course you have to be careful because they can quickly become worthless in the future. That is the characteristic of meme coins. So don't make a serious investment in meme coins, but if it's for speculation, it's fine because the price is cheap, and Doge and Shiba can certainly be an option.

slashz9

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I think when it comes to memecoin you should already know that if the price is too high you should be careful.
If you have been in the market for a long time, you should know about this and look for new projects.

Dr.Osh

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Quote from: GlacierBIT on February 05, 2024, 06:55:52 AM

Mem coins are a cryptocurrency with an ambiguous assessment, some say that it will bring big profits, others compare such coins with shitcoins, which are very dangerous to deal with, with a high risk of losing money. I don’t have much experience in trading mem coins, and after one incident when I almost lost my investment, I lost my desire to participate in this.

why people say that they are shit coins, it is because these coins do not have complete prospects, and were created without any purpose. Meme coins only provide extreme and risky price movements. However, many people try to take advantage of this moment because the increase that can occur in meme coins is usually very high. However, the risk of decline is also very high. however, this is a very risky coin, but still many people are taking advantage of it.

Nikita2024

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It is necessary to understand how meme coins work, if they are useful for people or not. Many meme coins do not have any practical use at all.

tygeade

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Quote from: batang_bitcoin on February 05, 2024, 03:27:48 AM

Quote from: SandrCrypto on February 03, 2024, 02:09:45 PM

Many people lost money on the meme coins.

And that is because they're following the crowd and the hype that's about to be gone to soon. The FOMO is real with them and that's why if you're too late on it, you better stop hoping for big gains on it.

Quote from: SandrCrypto on February 03, 2024, 02:09:45 PM

They are popular but many meme coins are only used for speculations and different market manipulations.

The manipulation is there and that's making people FOMO investing into these meme coins and there's really not that much gain with them when they've missed the train.

FOMO makes sense when we are talking about bitcoin or even ethereum, the good coins that has been around for a long time. However, when we see that for something like a memecoin then suddenly that becomes a weird thing to see.

Nobody will "miss out" on some meme project, sure there could be a period when a meme project ends up with something high, and you will be upset that you did not invest into it, but the reality is that we are not going to make that much money from that to begin with, so we should not really be upset that we are not really all that much troubled when we miss our chances since if we invested we could have very well be doing something that would not be all that smart to handle and lose a lot of money too.

Raceonsucced

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Quote from: idarasun on February 06, 2024, 11:02:10 AM

Quote from: Raceonsucced on February 05, 2024, 10:38:04 AM

Edit...
If you @idarsun ask me, I think it depends on how people see it and I think it can be anticipated if you don't want to be fooled by it. Maybe you also know that most of them are fake, but I don't think there's anything wrong if you follow them but with the condition that you have to be careful because they might pay you properly and honestly.

I asked the person who answered, so actually I have spent time with her and most of them are fake, even though I am careful I still don't get paid if I get paid most of them are fake and I can't enjoy it, even if there are those who pay well it seems to be rare.

Well... although it is rare but it is still possible to do, but it goes back to your stance, so it goes back to each person who will determine it, and sometimes the trend or popularity is sometimes like a set. As long as we know they don't care who follows them, maybe for them the most important thing is their own profit, not other people's, basically they are only concerned with themselves.

Ben Barubal

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As long as you get a profit there in the short term, I can't say that meme coins are useless. As for other cryptos that you think are not shit coins and wort for you, but you don't make a profit here, it's like you're cheating yourself as traders, right?

Meme coins and other cryptos seem to be no different from other meme coins that mostly have risks. That means there are still other communities here that are still getting profit from meme coins and include me there because I am really getting short-term from trading. I won't mention what meme coin I'm talking about.

odunybiz

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

That the team successful lunch a project in 2022 and gave alot of people profit doesn't mean same will happen with this coming one. Meme coin are somehow risky in investing at. Although I you still believe in the team, you can only invest an amount you can avoid to lose. So if they fall it won't affect you much as project like this may be risky.

niall51

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

In my opinion, investing in Memecoin is not really worth it because I consider investing in Memecoin to be the same as gambling and it is very short term. It is true that we can get 1000x the profit but keep in mind that the risk we take is very high. We can also lose all our money. I prefer investing. altcoins like eth or solana instead of buying memecoin this is my opinion what do you think?

idarasun

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Quote from: Raceonsucced on February 05, 2024, 10:38:04 AM

Edit...
If you @idarsun ask me, I think it depends on how people see it and I think it can be anticipated if you don't want to be fooled by it. Maybe you also know that most of them are fake, but I don't think there's anything wrong if you follow them but with the condition that you have to be careful because they might pay you properly and honestly.

I asked the person who answered, so actually I have spent time with her and most of them are fake, even though I am careful I still don't get paid if I get paid most of them are fake and I can't enjoy it, even if there are those who pay well it seems to be rare.

SandrCrypto

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I do not think that investing in meme coins is worthy because meme coins usually are used only for speculations and money manipulations and do not have any practical use.

strunberg

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Quote from: Makus on February 02, 2024, 02:13:05 AM

Reason most person invest more in memecoin is because of the possible return the coin might give due to its high volatility. Bu Bitcoin will continue to be the best coin in the market for investment.

I think meme coins cannot be called an investment asset. What this means is that they are coins that utilize hype and community to move and pump prices. This means that when the price is very high it will explode like a balloon and the price will immediately fall without ever rising again. If you want to buy meme coins make sure not to hold them for more than 180 days as they usually lose their appeal. And the community is starting to get bored with these coins.

Topic: Investing in meme coins is worthy or not? - page 3. (Read 1617 times)