Investing wisely in memecoins can give you returns.

lixer

hero member

Activity: 2492

Merit: 586

Quote from: Wildwest on June 14, 2024, 10:53:21 AM

There is no wise way with meme coins to make a profit from it, I doubt that many people who make big profits from meme coins are those who dare to take risks and are even ready to lose money. After I looked at the market in the near future and a few months ago, the meme coin that was leading the market with hundreds of coins appeared, to make a wise profit, choose the meme token that is currently hype or the current top level meme coin.

Sometimes, even the ones that are trending don't get to provide their investors much profit because they don't manage to gain much value due to the greed of their developers as they run away with whatever investment they have got so far. Only some meme coins manage to gain substantial value and provide good returns to their investors.

It is also important for people to have a proper selling plan because I have seen a lot of people not selling their assets at the right time and keep holding because they think they can get more profit if they hold their assets and sell them later but this thing doesn't work with meme coins or shit coins and one should sell immediately if they are getting some profit.

Godday

sr. member

Activity: 1512

Merit: 397

dice9.win/ - Simple, fast and provably fair

Quote from: kotajikikox on June 16, 2024, 10:51:16 AM

Quote from: shinratensei_ on June 16, 2024, 06:51:28 AM

most of the meme coin that rises up high usually already have strong community behind so whenever it goes public the price already high so the market cap is high too

These are the coins that were really created because they are popular memes. Even people who are not that familiar with crypto end up investing in memecoins just for the sake of investing in it.

Quote

or the coin just getting pumps out of the blue.

This is what happens when the memecoin suddenly goes viral maybe out of speculation or just people experiencing fomo

Some people take advantage when the price is pumped and dump all their coins into the market. This is what meme coin creators and early stage investors often do. Because of that, I don't think it would be wise to invest in meme coins because in the end you will lose if you can't enter at the right time. Some meme coins made it into the top 100 cmc and became good projects but I think 99% of meme coins will eventually become dead coins because they were created just to make a profit without thinking about the fundamentals.

kotajikikox

full member

Activity: 2408

Merit: 213

★Bitvest.io★ Play Plinko or Invest!

Quote from: shinratensei_ on June 16, 2024, 06:51:28 AM

most of the meme coin that rises up high usually already have strong community behind so whenever it goes public the price already high so the market cap is high too

These are the coins that were really created because they are popular memes. Even people who are not that familiar with crypto end up investing in memecoins just for the sake of investing in it.

Quote

or the coin just getting pumps out of the blue.

This is what happens when the memecoin suddenly goes viral maybe out of speculation or just people experiencing fomo

hamba laeh

full member

Activity: 753

Merit: 100

www.licx.io

Quote from: R1dwanRz on June 04, 2024, 02:08:14 PM

I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.

Let me give you an example of how you can find one, especially dog-themed memecoins. Check Twitter or DexScanner, and if you see a coin that's making green or the numbers are attracting you, you will want to research and find out about that token on X to see if it's connected to any links or even mentioned by Dogecoin team members. Coincidentally, today I saw a memecoin called JungleDoge in the top 60 on DexScanner as it was trending as well, and it was also mentioned by Jordan Jefferson on X, and he even follows the project's team X account. So you can already tell I have found at least one good memecoin.

Also note that, this strategy will not work all the time; crypto is unpredictable. It teaches us to be patient with anything we touch. So if you guys have any experience investing in memecoins, share it here.

Currently memecoins are trending on various social media and one of them is Twitter, so we as traders have to be really careful and have to do research first before buying memecoins. because if you make the wrong decision then losses will come to you.and I only have hope in Dogecoin and Shiba inu, because I believe these two memecoins can survive in the crypto market.

shinratensei_

legendary

Activity: 3136

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

in my experience of dealing with meme coin only very few meme coin actually show pattern that its gonna go up high in the future otherwise people would've become rich easily, most of the meme coin that rises up high usually already have strong community behind so whenever it goes public the price already high so the market cap is high too or the coin just getting pumps out of the blue.

its still always depends and luck and selective towards meme coin that may pose risk due to malicious smart contract that results in rugpulls, heck if you see recent meme coin trending, its all about hype riding.
finding out connection of certain meme coin with some popular famous figure can help yes, but most of the time if the whales don't care the coin won't pumps.
remember meme coin is also an arena for the whale to make money out of meme coin investor that have no idea.

Kelward

sr. member

Activity: 420

Merit: 273

Quote from: DeathAngel on June 05, 2024, 06:54:13 AM

Some meme coins always do really well in a bull run. The difficulty is trying to pick the right ones because there are so many. It’s easy to pick the wrong ones & end up getting REKT but if you pick the right ones you can make life changing money. This is the game we play though, it’s live or die.

There are too many memecoins in the crypto market and it can be very confusing to make a pick from them because there are too many scam projects, so it always comes down to gambling your funds. I don't think that research helps much when it comes to memecoins because the ones that comes highly recommended might not live up to expectations and when you invest and lose your money, I doubt that you can hold anybody responsible. Apart from reputable memecoins like dogecoin, Shiba Inu and pepe, most of the rest are gambles, just make a pick, invest the amount that you can afford to loose and don't hodl for long term. They can give you massive profit on the short term and they can also sink with your funds, so know your risk tolerance before buying memecoins.

Asyifiah

sr. member

Activity: 644

Merit: 262

1xBit is Asia gambling site

It's not about luck in making a profit from meme tokens, wise people will usually avoid games like stupid coins that are just made out of thin air, choosing altcoins is more profitable than wasting money on meme coins that are just a joke. I admit that there are many people who are lucky in meme coin, they are people who can tolerate losses so they can get unexpected profits from a meme coin, they are wise to open a meme coin but understand how they are going to do it.

sekalitas

sr. member

Activity: 672

Merit: 251

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: R1dwanRz on June 04, 2024, 02:08:14 PM

I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.

Let me give you an example of how you can find one, especially dog-themed memecoins. Check Twitter or DexScanner, and if you see a coin that's making green or the numbers are attracting you, you will want to research and find out about that token on X to see if it's connected to any links or even mentioned by Dogecoin team members. Coincidentally, today I saw a memecoin called JungleDoge in the top 60 on DexScanner as it was trending as well, and it was also mentioned by Jordan Jefferson on X, and he even follows the project's team X account. So you can already tell I have found at least one good memecoin.

Also note that, this strategy will not work all the time; crypto is unpredictable. It teaches us to be patient with anything we touch. So if you guys have any experience investing in memecoins, share it here.

Nice tips! At least we can filter out quite a lot of memecoins. Anyway, in my opinion, a memecoin's value is based on hype and popularity to increase its demand. So, memecoins mentioned by people with a large follower have potential. The more people who buy a memecoin, the higher its value. But still, like you said, the crypto space is unpredictable. So, there's a possibility that people won't be interested in a memecoin even if it's promoted

Ben Barubal

member

Activity: 518

Merit: 16

Eloncoin.org - Mars, here we come!

Quote from: R1dwanRz on June 04, 2024, 02:08:14 PM

I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.

Let me give you an example of how you can find one, especially dog-themed memecoins. Check Twitter or DexScanner, and if you see a coin that's making green or the numbers are attracting you, you will want to research and find out about that token on X to see if it's connected to any links or even mentioned by Dogecoin team members. Coincidentally, today I saw a memecoin called JungleDoge in the top 60 on DexScanner as it was trending as well, and it was also mentioned by Jordan Jefferson on X, and he even follows the project's team X account. So you can already tell I have found at least one good memecoin.

Also note that, this strategy will not work all the time; crypto is unpredictable. It teaches us to be patient with anything we touch. So if you guys have any experience investing in memecoins, share it here.

When you say invest wisely, that's a bit stressful because, as a sure and cautious investor, you don't want to waste the capital that you will use in meme coins. So what you are entering is a bit of a risky investment. Because meme coins have no utility, and you should know that and have an idea about that.

You can't just fall prey to sweet words and promises, because then you'll definitely be trapped in a scammer's trap. That's why most people in this forum always say DYOR to newbies.

MiauKitchen

member

Activity: 154

Merit: 17

Quote from: moneystery on June 15, 2024, 02:31:35 PM

investment? it's more like gambling i think. because people involved in memecoin are actually just relying on speculation because memecoin has no real use, it was made just for entertainment. how can you expect patience in a coin that relies entirely on speculation? only luck can make you profit there. so there's no need to discuss too much about investing in memecoin since this type of coin relies entirely on speculation.

I agree, as we know that investing in memecoin is quite risky, if we invest a fairly large amount I think it needs to be considered again.
If you feel half-hearted you can ask or exchange opinions with people our friends who have been longer familiar with the world of crypto and memecoin.
and can ask which is safer and best between the two, so that you don't lose money.
because many do not recommend investing in memecoin.

bettercrypto

sr. member

Activity: 1358

Merit: 268

★Bitvest.io★ Play Plinko or Invest!

Quote from: R1dwanRz on June 04, 2024, 02:08:14 PM

I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.

Let me give you an example of how you can find one, especially dog-themed memecoins. Check Twitter or DexScanner, and if you see a coin that's making green or the numbers are attracting you, you will want to research and find out about that token on X to see if it's connected to any links or even mentioned by Dogecoin team members. Coincidentally, today I saw a memecoin called JungleDoge in the top 60 on DexScanner as it was trending as well, and it was also mentioned by Jordan Jefferson on X, and he even follows the project's team X account. So you can already tell I have found at least one good memecoin.

Also note that, this strategy will not work all the time; crypto is unpredictable. It teaches us to be patient with anything we touch. So if you guys have any experience investing in memecoins, share it here.

The problem with most meme coin investors is that they are not wise buyers; rather, they just feel that they are wise, but the truth is that they are not. Why? because there are still many people who are fooled and fall prey to rug pull most of the time.

Because the majority of them are still easily swayed by promises, hype, and trends, or just ride what's in fashion. It's hard to just go with the flow of the water.

Essential10

full member

Activity: 350

Merit: 116

Eloncoin.org - Mars, here we come!

Quote from: moneystery on June 15, 2024, 02:31:35 PM

investment? it's more like gambling i think. because people involved in memecoin are actually just relying on speculation because memecoin has no real use, it was made just for entertainment. how can you expect patience in a coin that relies entirely on speculation? only luck can make you profit there. so there's no need to discuss too much about investing in memecoin since this type of coin relies entirely on speculation.

Investing is never like gambling, but if you are constantly losing money by investing in the wrong places, it will feel like gambling to you. It's different subject when you invest in coins, it never occurred to me that meme coin is completely useless and ridiculous, because many people have made money from it. I am not denying that investing in meme coin is low risk, very low probability of winning. There are still many meme coins from which you can get money from a meme coin in short term investment by choosing a coin with proper research.

moneystery

full member

Activity: 714

Merit: 168

★Bitvest.io★ Play Plinko or Invest!

investment? it's more like gambling i think. because people involved in memecoin are actually just relying on speculation because memecoin has no real use, it was made just for entertainment. how can you expect patience in a coin that relies entirely on speculation? only luck can make you profit there. so there's no need to discuss too much about investing in memecoin since this type of coin relies entirely on speculation.

Godday

sr. member

Activity: 1512

Merit: 397

dice9.win/ - Simple, fast and provably fair

Quote from: NASdaq on June 15, 2024, 02:45:55 AM

It's like saying that going to casino wisely could give you good returns. It still depends on luck mostly!

We cannot expect that meme coins will be able to give you good returns because meme coins are just like gambling. This is not 100% the same as gambling but most meme coins do not have any purpose and will only profit from the hype that occurs. So I think meme coins are all about luck and you can't guess and invest wisely in meme coins because they have high risks.

jasonjm

hero member

Activity: 1232

Merit: 524

Although investment in meme coins is risky and many people lose their money, if you invest in meme coins at the right time and be patient, the chances are that you will end up earning huge profits. At the moment, the market is facing a slight correction and all the meme coins are down from their highs ( a few months ago), it provides a promising opportunity to invest in DOGE and SHIBA. PEPE pumped significantly in the past few months and might pump further in the coming months, but I think the ROI in DOGE and SHIBA investment will be high, at the moment, compared to PEPE.

AVE5

member

Activity: 154

Merit: 33

Eloncoin.org - Mars, here we come!

Quote from: Bitstar_coin on June 04, 2024, 02:40:38 PM

I doubt there is a better way to knowing the right memecoins to invest except those who dare to try are taking a huge risk. 99% out of the hundreds of memecoins that flood the market on a daily basis are scam and often die that very day or few days after. I would say memecoins investment is the best example of "investment what you can afford to lose " because they can rug pull at any given time. Grin

Investing on familiar cryptocurrencies are full of risks talk more about strange coins that is barely trending. Of course that would be a whole bunch of risk extremely to say the rate of your risk taking is greater than your confidence that the coin will not deviate from the potentials based on Speculations and hyping of the coins.
I don't also buy the idea of the Op being too trusted or such strange coin just because it was followed by Jordan Jefferson on X. Less before forgotten, that could be a medium of marketing strategies to influence the public.

pusaka

hero member

Activity: 1064

Merit: 589

Quote from: abel1337 on June 14, 2024, 11:01:55 AM

Quote from: Wildwest on June 14, 2024, 10:53:21 AM

There is no wise way with meme coins to make a profit from it, I doubt that many people who make big profits from meme coins are those who dare to take risks and are even ready to lose money. After I looked at the market in the near future and a few months ago, the meme coin that was leading the market with hundreds of coins appeared, to make a wise profit, choose the meme token that is currently hype or the current top level meme coin.

Yep that's true. I believe that almost 90% of memecoins created since 2020 had died and only few of them are still surviving to this date, top meme coins did a good job on creating and maintaining their community support. Today, we can see a ton of meme coins being created daily and I think that majority of those memecoin/shitcoin will just die before a being noticed by the public.

That is something we always see every day from memecoins, of the hundreds or maybe even thousands of memecoins that are born, only a few memecoins can survive, and they can also survive because there is hype, but once the hype is gone, they will also disappear from the market .
I agree with you, 90% or even more of the memes created have probably been lost somewhere. That's why I don't recommend investing in memecoins at all. Maybe once in a while we can enter, but that too with a small allocation and it's also just PSDA memecoin which can be said to be hype. We must be prepared to lose when investing in memecoins, because those of us who have been in the crypto space for a long time already know what memecoins are like.

NASdaq

sr. member

Activity: 302

Merit: 250

It's like saying that going to casino wisely could give you good returns. It still depends on luck mostly!

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: bitterguy28 on June 14, 2024, 07:39:13 AM

Quote from: R1dwanRz on June 04, 2024, 02:08:14 PM

I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

memecoin season? is this really a thing now or we are just being exaggerated in expecting in this kind of market now and besides we have seen this type in the past just like ICO days.

and also try not to keep believing in memecoins for longer time because they are not for long term as they are design for pump and dump because they have no future at all.

I would say that we are going to probably end up with something that will take a while, not everyone really considers memecoins as a good thing. I understand that there is a "group" of people who love it, but there is also a group of people who are like me, and dislike memecoins. I believe that as long as these two groups do not meddle with each others moves, then we are going to be fine.

I personally find memecoins are like scams, doesn't mean that I would stop anyone else to invest, go ahead and and put your money in there, but nothing would make me ever invest. Just realize that we are talking about "memes" here, that's really the base of this and thinking that's a good way to spend your money never really made sense to me.

abel1337

legendary

Activity: 2464

Merit: 1145

FOCUS

Quote from: Wildwest on June 14, 2024, 10:53:21 AM

There is no wise way with meme coins to make a profit from it, I doubt that many people who make big profits from meme coins are those who dare to take risks and are even ready to lose money. After I looked at the market in the near future and a few months ago, the meme coin that was leading the market with hundreds of coins appeared, to make a wise profit, choose the meme token that is currently hype or the current top level meme coin.

Yep that's true. I believe that almost 90% of memecoins created since 2020 had died and only few of them are still surviving to this date, top meme coins did a good job on creating and maintaining their community support. Today, we can see a ton of meme coins being created daily and I think that majority of those memecoin/shitcoin will just die before a being noticed by the public.

Topic: Investing wisely in memecoins can give you returns. (Read 502 times)