Investing in meme coins is worthy or not? - page 6.

JeffBrad12

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Quote from: Y3shot on January 18, 2024, 06:31:15 PM

Meme coin is not a project that you can rely, and wouldn't advice you to invest your hard earned money into meme coin. Meme coin should be considered to invest with a spear money that one can afford to lose. Their are so many meme coin that is dead in the market and before going for meme coin as a project to invest one has to be sure if it is worth investing on by making research to see what the project is up to , if it is reliable.

quite literally 98% of meme coin are just either dying after listing or dead (losing volume and liquidity) because meme coin created every month is so many its actually hard to keep up if someone wanna find some hidden gem and try to make it big.
some people might considering finding coin like doge and shiba inu to be easy but honestly its kinda difficult because everything is just so unpredictable with these meme coin surely nobody know that some random meme coin on solana might increase that much, most people are just accidentaly investing in those and make it big.
so as you said, investing in meme coin only worth it with spare money that someone can afford to lose but even so, considering all the manipulation going on, i would think that the odd are pretty low and unfair with meme coin in general, its just full of some random dev manipulating liquidity and all.
might as well invest in something that makes more sense, with some new altcoin maybe, at least they have something to offer and you should just patient and then you will get some rewards.

Natalim

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Quote from: Cryptosmart00215 on January 11, 2024, 12:15:34 PM

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

Do what you think is right OP but never blame us if something wrong happens in your investment (scam) instead, blame yourselves for not listing the warnings you've gotten. Just take a picture of those thousands of meme coins out there, and how many of them become popular, it is just a few. That certainly tells us what kind of projects they are and they are not worthy of investment.

If can dare to risks, better choose those projects where at least we have some chance to earn a profit. Even though they have a good road map or whitepaper, it was different in actual.

synchronym

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Quote from: Cryptosmart00215 on January 11, 2024, 12:15:34 PM

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

op never mind if you want to lose your money knowingly you must invest in Memecoins. I will tell you don't waste your money investing in Memecoins. Because you will not get much success by investing in Memecoins. If you invest in Bitcoin from Memecoins investment then you will get a lot of success through it. Still you can certainly invest in Memecoins if you wish but you won't be able to profit from investing in it.

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Quote from: Cryptosmart00215 on January 11, 2024, 12:15:34 PM

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?

Investing in meme coins is very risky, because there is nothing truly backing them except for the community spirit. And the market is oversaturated with memecoins by now. There is a memecoin about everything.

So from a long term perspective, they are not really worth investing in, although that being said, the meme coin / nft craze is going quite strong. I don't get it, but it is something that people like very much. Yes, you could make a lot of money with meme coin pumps, but that is basically gambling.

I would rather invest into something innovative.

el kaka22

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It is not, you may think that you could make a lot of money, and some people who do invest into meme projects "may" end up making some money, it has happened before but they are much more volatile, they go down 90%+ and some even went down 99% as well during this period.

Plus, the known ones are decent to a point, they are still worse than most other coins, but at the same time there are SOOOO many unknown ones, small timers, ones with less than 20 million dollar marketcap, and just because they are memes, people want to invest into them, it is not going to happen. All those doges, shibas, pepes, apes, they are all going to be worth nothing eventually, even though they may worth some a bit, they won't worth much later on.

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Quote from: Y3shot on January 18, 2024, 06:31:15 PM

Meme coin is not a project that you can rely, and wouldn't advice you to invest your hard earned money into meme coin. Meme coin should be considered to invest with a spear money that one can afford to lose. Their are so many meme coin that is dead in the market and before going for meme coin as a project to invest one has to be sure if it is worth investing on by making research to see what the project is up to , if it is reliable.

Hey you, why do you think meme coin projects are bad when many are still cashing out from it? Do not let anyone to deceive you ny telling you that meme projects are bad. Even though there are bad poejects in the meme coin nitch, it doesn't mean that all meme projects are bad. We have meme projects like pepe, Shiba Inu, Doge coin etc doing fantastically well in the market. So tell me what's you think about meme projects that makes it look bad.

Y3shot

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Meme coin is not a project that you can rely, and wouldn't advice you to invest your hard earned money into meme coin. Meme coin should be considered to invest with a spear money that one can afford to lose. Their are so many meme coin that is dead in the market and before going for meme coin as a project to invest one has to be sure if it is worth investing on by making research to see what the project is up to , if it is reliable.

andyou1234

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In my opinion, all coins are worth investing in, especially as memecoins have a great opportunity to make a profit, but we need to know that not all memecoins have the same potential, therefore we have to do in-depth research on this. I advise you not to invest in memecoin for a long period of time because it has a very big risk, because the memecoin habit cannot last long.

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Quote from: IvugeoEvolutionCoin on January 18, 2024, 12:23:43 PM

Quote from: bastian466 on January 18, 2024, 05:52:05 AM

Whatever it is called, it is included in meme coin, if we want to invest in it, try to get in from the start because they are the ones who get in from the start who will get the profit when the price soars and then throw it away and I'd better stay away from it, it's better to invest in coins that has been on the exchange market for a long time

I don't know how much profit we can get by investing in meme coins. I think if we choose some good altcoins instead of investing in meme coins, it can be a right decision for us. There are many people who invest in meme coins. Afraid to invest because they don't know how good meme coins can be in the future. I think we can keep a small amount of investment in meme coins.

The possible profit which can be gotten through the early investing into meme coins can be very high, but that mostly depends on the quality and the characteristics of the coin itself. Assuming it is not a scam and people start to get interested in it, getting a 100x would be realistic. Just take a look a Shiba Inu, for example, I still recall when it was a very unknown coin which no one talked much about, many thought it was a scam and it was worth nothing at all. As soon as I read the bulk of the coins were locked in Uniswap by the developers I started to get interested in it, but I did not buy.
Those who bought early, certainly got a very good reward, it is an altcoin currency which even started to get supported by major exchanges and casinos. That is when you know a meme coin is a success and one should have bought a bulk of it.

IvugeoEvolutionCoin

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Quote from: bastian466 on January 18, 2024, 05:52:05 AM

Whatever it is called, it is included in meme coin, if we want to invest in it, try to get in from the start because they are the ones who get in from the start who will get the profit when the price soars and then throw it away and I'd better stay away from it, it's better to invest in coins that has been on the exchange market for a long time

I don't know how much profit we can get by investing in meme coins. I think if we choose some good altcoins instead of investing in meme coins, it can be a right decision for us. There are many people who invest in meme coins. Afraid to invest because they don't know how good meme coins can be in the future. I think we can keep a small amount of investment in meme coins.

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Quote from: Dr.Osh on January 18, 2024, 08:10:13 AM

Quote from: cozytrade on January 18, 2024, 05:47:44 AM

snip~

I don't know whether investing in meme coins in the long term is a good thing, but before investing, make sure you use money that you are ready to lose, because the risk in investing in meme coins in the long term is very large. Even though many have benefited from it, that doesn't mean it's good.
I don't think that investing in meme coins is a good thing, but I also understand that the potential profits from meme coins are very large. I just suggest that if you want to invest in meme coins, use money that really doesn't affect your main finances.

Don't get confused because they are not meant for such a term, after the hype they are going to dump and die. In fact, for the number of meme coins created, only Dogecoin remains popular while the rest are (obviously) dead. If we think about buying them and holding them for many years, we are just looking for a miracle and hoping it grows. These meme coins have no use case, that was the thing we missed which is why it never stays long or will never encourage investors to hold instead, they dump them once earned some profit.

They are good at words and promises but these projects are far from showing it.

MFahad

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Quote from: Cryptosmart00215 on January 11, 2024, 12:15:34 PM

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

I think it can give a good return on investment if it gets listed in famous CEX exchanges. BitMart, Bybit and Lbank are added as "Upcoming" in their website. so if they succeed to list their token in all these exchanges then there are good chances of earning a good profit out of this token.
Usually there is no other use of memcoins. just buy them low and sell them high. or buy them for fun or support their community if you are OK with losing your money.
But this particular one have big promises. their website says about various utilities and NFTs collections. I am not sure if they can deliver or not but if they can then earning potential might increase even more.

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Quote from: Mate2237 on January 18, 2024, 06:19:03 AM

Quote from: dansus021 on January 13, 2024, 08:47:06 PM

Investing in meme coins is worthy or not? Some of memcoin is worth an some of it is not worth the money or time.

Personally I always struggled to finding a new memecoin so when it goes viral it already touch ita new high so its not worth the money anymore

Meme coins emanate every year. Last year we got about five to seven meme coins in the cryptocurrency ecosystem world and we don't know how many are coming this year. And if I will answer the op question I will say yes it is good to invest in meme coins but one has to be careful because not all are worth investing for. By their fruit we shall know them. I believed the factors to detect a good meme coins before investing to them have been discussed here an many times.

The best way to benefit from all those meme coins is to invest in them and leave them like that in the wallet for years. But if you can use tham to trade them it is better to do that. Trading with meme coins is good if the coin is listed in the trading platforms.

the development of meme coins is growing rapidly and more and more new coins are appearing. and yes it is true, investing in meme coins really has to choose and sort appropriately. like looking for diamonds that are still buried. if it's not right it won't even get what we want.

it will be very appropriate if you want to really invest in this meme coin by using money that will never be used within 5 years and above so as not to make psychology disturbed because it could be that the coins we choose become worthless.

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Quote from: Dr.Osh on January 18, 2024, 08:10:13 AM

Quote from: cozytrade on January 18, 2024, 05:47:44 AM

You can expect good things by investing in meme coin for long term. However investing in meme coins has a high degree of risk. In order to invest in Meme Coin, you must accept the risk. You should invest an amount of money in meme coin, so that if your investment is lost, you can bear it. But investing in meme coins you have to think about long term employment. Because the value of Bitcoin is increasing day by day, when Bitcoin Coin can create a good position in the cripto market, it will definitely get a good profit from Meme Coin.

I don't know whether investing in meme coins in the long term is a good thing, but before investing, make sure you use money that you are ready to lose, because the risk in investing in meme coins in the long term is very large. Even though many have benefited from it, that doesn't mean it's good.
I don't think that investing in meme coins is a good thing, but I also understand that the potential profits from meme coins are very large. I just suggest that if you want to invest in meme coins, use money that really doesn't affect your main finances.

Memecoins don't work in the long term. You can invest in them and make something in a few months, but the longer you keep the more dangerous it becomes.

Dr.Osh

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Quote from: cozytrade on January 18, 2024, 05:47:44 AM

You can expect good things by investing in meme coin for long term. However investing in meme coins has a high degree of risk. In order to invest in Meme Coin, you must accept the risk. You should invest an amount of money in meme coin, so that if your investment is lost, you can bear it. But investing in meme coins you have to think about long term employment. Because the value of Bitcoin is increasing day by day, when Bitcoin Coin can create a good position in the cripto market, it will definitely get a good profit from Meme Coin.

I don't know whether investing in meme coins in the long term is a good thing, but before investing, make sure you use money that you are ready to lose, because the risk in investing in meme coins in the long term is very large. Even though many have benefited from it, that doesn't mean it's good.
I don't think that investing in meme coins is a good thing, but I also understand that the potential profits from meme coins are very large. I just suggest that if you want to invest in meme coins, use money that really doesn't affect your main finances.

Mate2237

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Quote from: dansus021 on January 13, 2024, 08:47:06 PM

Investing in meme coins is worthy or not? Some of memcoin is worth an some of it is not worth the money or time.

Personally I always struggled to finding a new memecoin so when it goes viral it already touch ita new high so its not worth the money anymore

Meme coins emanate every year. Last year we got about five to seven meme coins in the cryptocurrency ecosystem world and we don't know how many are coming this year. And if I will answer the op question I will say yes it is good to invest in meme coins but one has to be careful because not all are worth investing for. By their fruit we shall know them. I believed the factors to detect a good meme coins before investing to them have been discussed here an many times.

The best way to benefit from all those meme coins is to invest in them and leave them like that in the wallet for years. But if you can use tham to trade them it is better to do that. Trading with meme coins is good if the coin is listed in the trading platforms.

bastian466

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Whatever it is called, it is included in meme coin, if we want to invest in it, try to get in from the start because they are the ones who get in from the start who will get the profit when the price soars and then throw it away and I'd better stay away from it, it's better to invest in coins that has been on the exchange market for a long time

cozytrade

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You can expect good things by investing in meme coin for long term. However investing in meme coins has a high degree of risk. In order to invest in Meme Coin, you must accept the risk. You should invest an amount of money in meme coin, so that if your investment is lost, you can bear it. But investing in meme coins you have to think about long term employment. Because the value of Bitcoin is increasing day by day, when Bitcoin Coin can create a good position in the cripto market, it will definitely get a good profit from Meme Coin.

GreenStox

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Im not sure memecoin can be trending now, because other sectors such as AI and defi are more promising now, however, the meme project is not dead, it's just that the hype is not as big as before.

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Quote from: icalical on January 11, 2024, 08:48:58 PM

Some people might disagree with me, but in my humble opinion buying meme coin is more like gambling than investment. Compared to other altcoins that has utility and solve real problems. Meme coin doesn't have any of that, they only rely on their communities loyalty, not to mention that most (if not all) of meme coin is centralized so to be used as cryptocurrency it still far worse compared to Bitcoin. If I am not mistaken I have read that some memecoin eventually applied some utility onto them, but as far as meme coin doesn't offer any advantages compared to other cryptos I wouldn't think investing in it is worthy.

Actually all will agree with that. We are not blind to not see the performance of the meme coins. But we know us, we like to gamble because we like to earn a quick profit. And maybe there are people who enjoy doing it because there is an element of surprise if what they can get (is it a loss or a profit?).

But for me, I can only feel fun in the actual gambling or the ones that we do in a casino. I think that gambling is still a kind of investment because you are investing or putting your money here. And you are also investing/putting your time here. There are meme coins who had a utility but it seems not enough for them to be successful. Some meme coins like DOGE and SHIB can still work fine as a currency. Though they are only centralized as you said.

Topic: Investing in meme coins is worthy or not? - page 6. (Read 1603 times)