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Topic: Investing wisely in memecoins can give you returns. - page 3. (Read 972 times)

full member
Activity: 868
Merit: 202
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.
sr. member
Activity: 1512
Merit: 397
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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.
hero member
Activity: 1288
Merit: 524
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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. 
full member
Activity: 350
Merit: 128
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.
hero member
Activity: 1064
Merit: 589
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.
sr. member
Activity: 307
Merit: 250
It's like saying that going to casino wisely could give you good returns. It still depends on luck mostly!
legendary
Activity: 2086
Merit: 1058
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.
legendary
Activity: 2492
Merit: 1145
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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.
legendary
Activity: 2758
Merit: 1228
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.

It really is since people think about fast earning of profit with those memecoins. Although a lot of people knows the risk for getting scam still they choose to invest because meme coin is a hot trend and they are confident that they can earn from this tokens.

For us fully aware about the risk and didn't invest on memecoin then provably we can easily shove off the idea of trying it. But for existing investors much better for them if they do a invest,take profit then run scheme on those project so that there will be no big losses will happen on their side.
full member
Activity: 2170
Merit: 182
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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.
sr. member
Activity: 1176
Merit: 250
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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.

I have experience with Dogecoin which has given me big profits so that until now I really believe in memecoins. Whatever other people say about memecoins, I always ignore it because I have found happiness from memecoins. and some time ago I also benefited from PEPE. However, investing in memecoins requires patience and thoroughness because so many memecoins are trash in cryptocurrency.
hero member
Activity: 3164
Merit: 675
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I think that they're like the actual lottery that with a bunch of them, you'll never know which of them is going to be lucky and successful. That's why there's no analysis with it when you are just choosing any of them and trying to buy and hold until you see them move and get listed into popular exchanges. All you have to do is to just hold your hands tight and pray and wait until their market cap increases. Kidding aside, but that's what almost is happening to many of them.
I agree with you. Hitting the jackpot on meme coins is like playing the lottery. There will be hundreds or even thousands of meme coin projects that you can find. You can't look for it in the top 100 or top 200 if you want to win the jackpot. Meme coins like SHIB, DOGE, or PEPE make your money safer but will not provide huge profits. If you try in new projects like on the Solana network and if you are lucky you will get meme coins with returns of up to thousands of percent among new projects.
I wish everyone knew that, we know it and can see it but unfortunately a lot of people can't, and that is an issue. I think it should be something to care about and see the difference whereas I fear that not a lot of people do. This is why I think it should eb something quite common, do not worry about it and be happy that you could do something about it.

I believe that we are going to se something changing, and the best way to do that would be just making sure that we are going to end up with nothing serious with these meme projects. They are made just for fun, and they are made to make creators make money, they are not made so that investors would make a profit, if investors do, that is great, but that is not the goal when they are created.
full member
Activity: 448
Merit: 130
Sometimes investing  in meme coins is a good decision carefully but meme coins struggle to survive in the market for a short period of time. Can't say in advance which currency will pump more which currency is good for investment. Most of the time, no matter how much research is done, the future of coins is almost as uncertain as other coins. Many times we see that some meme coin in the market has an upward trend, many people invest there but I think it is good to keep there for time but if you increase more and more then you can lose your money soon. In my personal opinion, it's impossible to profit from meme coins without luck as a catalyst, even after a lot of well-researched analysis.
full member
Activity: 1582
Merit: 132
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The point is not only to invest carefully in meme coins. but we also have to invest intelligently. Yes, what this means is that when we want to develop a meme coin project, especially a mixed meme coin, then we must have knowledge about how to optimize the results. that is, of course, we must have the knowledge to carefully analyze which coins are likely to generate hype and generate high profits.

Then we also have to be able to consider and analyze intelligently and carefully about when to buy and when to sell. because this really has an impact, if it continues then it could be that we will actually experience big losses.
hero member
Activity: 700
Merit: 577
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Keeping patience is the worst thing anyone can do in the memecoin market. This market is not for long term. Only people are making money here are the ones who knows when to pull out there investments. So having patience will definitely backfire.

Also never research on a Memecoin at all. These coins do not have any utilities. These coins do not built anything amazing. These are gambling. So there is really nothing to research on the coin itself. You need to research on the timing to understand when to pull out your investment. That is the name of the game here!
And the way I look at them, they are like gambling which one can lose massively in the process of trying his luck. And it is only when you have the luck you can gain from them so those who have luck can still make it in the long term. Because when I first came to this side of the forum, I saw testimonies from users that they sold out their memecoins for the fear that they would loss out and after some years the coin appreciate and price increases more than the way it was with very big margin so the user was regretting that whey he sold them early. And another good example of memecoin that do well after it launched is Notcoin. Those who sold the coin on the time when token was launched regretting last week when the price increased very well and some of the were saying that they were happy because they didn't sell at first sold.

So I think the both are beneficial and all have the risk involved.
member
Activity: 210
Merit: 36
I don't know how you all take or see memecoins but personally I don't see anything in this memecoins that one have to do so much research on memecoins because they are all the same, one project copy the articles and white papers of others and then public.

Infact generally it's about wagering and/or gambling  hoping it will work, so if you're investing or gambling  in memecoins yiu should just keep an eye on it because it's not a long term investment.

Same here I don't always look at memecoin, I still wonder why most people keep talking about memecoin, if I May ask how can one invest wisely in those memecoins? Actually there's nothing like investing wisely in memecoin once you decide to go for memecoin always get ready to experience lose in the market. You're right no difference between gambling and meme Investment because for me they are just the same thing and their risk are equal.
sr. member
Activity: 770
Merit: 266
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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.
This is also what I sometimes do. but the truth is that sometimes I don't find any good projects that interest me. But when we find a good memecoin project that is also followed by one of the famous people in crypto then we feel happy because it is like finding a diamond in a haystack. But we also have to remain careful. Because it could be that the project that is attracting our attention is already too hyped and could go down at any time. Unless the MC is still small then it is still possible for us to enter and we must be prepared for the risks. I like the way you make that simple analysis, friend.
legendary
Activity: 2576
Merit: 1252
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All coins in this industry are profitable if you know how to read market price behavior however, nothing comes with certainty. Patterns are simply guides but will never guarantee profit on your end. Memecoins are indeed having high market price volatility which makes it profitable but more risky at the same time. Don't be too carried away by hype alone. If you're just being dragged to memecoins because of the majoriry, keep in mind that there's no utility in most meme coins to sustain its market galue therefore it would be necessary to manage the amount you will invest and risk of course. Many people earned huge profit from meme coins but there are also big numbers for those who lost big amount.
You can get big returns in memecoins but most likely you will loose everything, casino in the nutshell
Different still with gambling wherein in most games you would only rely on luck while with memecoins DCAs and stoploss is present to prevent uncertain outcomes.
member
Activity: 66
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I don't know how you all take or see memecoins but personally I don't see anything in this memecoins that one have to do so much research on memecoins because they are all the same, one project copy the articles and white papers of others and then public.

Infact generally it's about wagering and/or gambling  hoping it will work, so if you're investing or gambling  in memecoins yiu should just keep an eye on it because it's not a long term investment.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
At the moment, many people are making a profit from meme coins, but they have seen the hype about every meme coin they want to invest in, and they have a telegram group that always discusses meme coins that are suitable for them to invest in, and on average they can always make a profit when they buy coins. It's already listed on a market, so with so many coins now, it's not easy to get meme coins that can give us big profits.

People are getting profit from meme coins because of the trend but it is not guaranteed that meme coins will always be profitable like that of Bitcoin and ethereum so take your decision wisely in order to get profit because once the meme coins get dumped then you can lose your money. This is also a big fact that people sharing good information regarding meme coins are not always true so it can put you at risk.

If someone is desiring to have a big profit then they can choose meme coins for investment but every meme coin cannot be considered as a profitable coin therefore if you are hoping for good results then choose wisely otherwise you will always try to blame meme coins.
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