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Topic: Investing wisely in memecoins can give you returns. - page 5. (Read 986 times)

member
Activity: 560
Merit: 18
Eloncoin.org - Mars, here we come!
I would say the current memecoin craze is pure luck as it has potential to provide more profit at a single trade than our entire month of hardwork in trading using the technical indicators and candles pattern. But we should make the mistake of invest and wait or holding when it comes to memecoin as we will be risking everything. I think we just need to go with the flow when it comes to memecoins.

     If you have an idea and you know how to go with the wave, why would you let it go without going with it if you know for yourself that you will benefit? Yes, I also believe that meme coins are only good in the short term, but it's not good that we generalize that meme coins are dangerous, because even altcoins and bitcoin are dangerous when you invest without knowing what you're getting into.

     It's also true that the majority of meme coins are high-risk; others say that I also believe that if you're just going to throw them away or waste money in the crypto space, meme coins are one of the things you can throw away when you have time. If you bet the lot, you are lucky enough to win the jackpot.
sr. member
Activity: 448
Merit: 264
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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
Exactly knowing the good ones to invest is the issue. Because all would claim they are the best and none will say they are not good to invest. So the best way which I can suggest is to invest in the well known altcoins and not the new ones so that you know you will not invest in lost but to gain and when you invest in the ones that is not popular and the coin crashed then you lost everything. Funds and other energy used in the investment are all waste. And if I will advise you avoid to invest in a coin that is not popular in the market and has no website and only app or only website and no app. It is looks scammy.
sr. member
Activity: 2422
Merit: 357
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.
That’s true, it’s risky but it can be rewarding too so you have to decide how much you afford to take the risk because meme tokens are not for everybody, especially for those who play a more conservative strategy. Investing with meme tokens can be rewarding but choosing the right one is not easy as many are being hyped to be good but a few months after they turned into a scam project, so again don’t listen to hype easily and make sure to have your own research all the time.
member
Activity: 238
Merit: 11
Personally the strategy into finding out the best meme coin in the market that are relatively new is so obscure that most of the time its pure speculation with no analysis whatsoever, being followed by influential figure isn't necessarily means its gonna be great investment either, for all I know the jungle doge has been going down literally from 0.0002 to 0.0000007 in may 24th which is crazy.

though fairly speaking if we are talking about weekly price chart then yes it climbs up 300% but still that sudden dump isn't a good sign regardless.

so far from my experience its just all about how many shots you can give into trying out investment in some of the meme coins, with better capital it will means better chance that you will find one that could make up your entire loss and even surpass it sort of just betting on some of them and hopes one turns out well.
personally with the fact that big VCs are pouring it some money to the more well known meme coin anyway i'm probably will not get swayed into investing in newer meme coin unless its just some small pocket change and use it for fun i will have no problem.
but for an investment that fairly big, i will probably rethink my decision, if we are in the early stage of bullish however, its entire different situation.

BENDOG, wif, peng all retraced to gather liquidity. It's known story that you don't go all in on memecoins ahaha. You go with little cash, probably look for airdrop opportunities on the memecoin if there's any. Saw binance wrote an article on JUNGLE, its also on Bitget's PoolX. these two events might create an exposure for the token. But as a memecoin. there are risks attached so I'll advise everyone to be careful. But it's sure getting interesting for memes..
hero member
Activity: 3080
Merit: 603
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.
hero member
Activity: 2996
Merit: 536
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Totally depends by the chart. If you were tilling a good meme token but the price has spike a lot. I have no reason to buy it, the better to wait for the correction to happen. Look at the chart below.



It seems like that this newly listed token has not yet pumped. I must verify that even further considering this is a new token. Im only worrying if it will be a rugpul token. Gambling a few hundreds bucks are worthy enough for sure.

I may be trying to do that since the pump has not yet occured. This token is still a few days old. It's possible to do 10x from the current price as long as it can have very big hype at this moment.

It may take a long time to see this token gets pumped. We may be seeing it in a week or two weeks. The chance to be pumped is still there.
legendary
Activity: 3304
Merit: 1617
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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.
hero member
Activity: 2548
Merit: 605
I get that you want to spam the forum with some of the shitcoins that you work for or at least you want people to look into, but that is not going to get anyone interested in this at all. I just feel like the best thing we can do regarding any project we are part of, would be do proper marketing like announcement.

Go ahead, pay someone to make a big image of it, like some infographic for example, put it on announcement page for altcoins, and then do an airdrop, which a lot of people here will help, there are great campaign managers, and in return you are going to get interest.

If you decline to do that, and instead open up a newbie account, with zero merit, and talk about some token you want to spam, it will only push people away.
full member
Activity: 448
Merit: 130
When you go looking for a good meme gem even if you analyze it thousands of times, new meme coins always have the highest risk, when it comes to meme investment there is a feeling that I'm going to lose because an attempt to attract meme coins have remained from the beginning until now. The method you have suggested is one way to choose a meme coin, but there are many better ways. I don't know why I have a suspicion that you are a member of a group and come to promote JungleDoge. However, if you want to be this meme coin investor then you can take some more time and analyze it more because the decision is yours to make. You can feel a good meme coin only when you can make good profit from it.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Personally the strategy into finding out the best meme coin in the market that are relatively new is so obscure that most of the time its pure speculation with no analysis whatsoever, being followed by influential figure isn't necessarily means its gonna be great investment either, for all I know the jungle doge has been going down literally from 0.0002 to 0.0000007 in may 24th which is crazy.

though fairly speaking if we are talking about weekly price chart then yes it climbs up 300% but still that sudden dump isn't a good sign regardless.

so far from my experience its just all about how many shots you can give into trying out investment in some of the meme coins, with better capital it will means better chance that you will find one that could make up your entire loss and even surpass it sort of just betting on some of them and hopes one turns out well.
personally with the fact that big VCs are pouring it some money to the more well known meme coin anyway i'm probably will not get swayed into investing in newer meme coin unless its just some small pocket change and use it for fun i will have no problem.
but for an investment that fairly big, i will probably rethink my decision, if we are in the early stage of bullish however, its entire different situation.
jr. member
Activity: 168
Merit: 1
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!

I agree with this as well. Although I didn't mean that research. I noticed some meme coins that has been mentioned or followed by popular KOLs or main memecoin founders, there's a lot of ways to see which memecoins has potential. I am just telling my experiences that I encountered.


Also, I don't encourage anyone to hold memecoins for long-term nor advising anyone to invest, they are feel free to check it and by patience i mean to say overall crypto space..
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
The thing about meme coin isn’t just about who is supporting it. It’s meme coin anyways and you can still lose your money even if Elon himself was the owner of the token. It’s almost hard to find that one meme coin so it’s best to do a little bit of this and that strategy; what I mean is, you buy some of this meme coin and buy some of that meme coin. So you’re invested in many places. And you should definitely apply some filtering rules to discard some based on certain factors.
sr. member
Activity: 490
Merit: 279
X.com and dex screener is the right way to find an hidden gem, if luck work in our favour. After reading the topic it felt more like a shill than a solution to find a hidden meme coin gem. Finding a gem is hard but keeping patience to wait for the price to grow is even harder. I simply stick to a simple principal which is diversifying and investing in existing gems than going after new ones.
full member
Activity: 747
Merit: 102
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!

lol your words true i have researched memecoin and buy one with utility and guess what another dog memecoin (again) from nowhere pumped up like crazy
member
Activity: 560
Merit: 18
Eloncoin.org - Mars, here we come!
      Nope, it can be said that if we are not in meme coin season, you can only say that because you probably have other holdings of meme coins and it is possible that you have profited from them, and I don't know if you have profited. Is that, or are they still holding, or maybe you just reduced because you have a price target?

     No one knows if it's altcoin season or not. Although someone said here that there is a pattern to know if it's altcoin season, I'm not sure what that pattern is. All I know is that the market is unpredictable most of the time.
member
Activity: 252
Merit: 37
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.

Actually there's nothing like patient in meme investment, you should always know that meme investment is for short term not for long term investment. however meme investment is not the same as bitcoin investment that requires enough patient to hodl for long term, i know most strategies fails something but this strategy of being patient to hold meme i totally disagree with you. you should know that meme investment is like gambling you can't predict what the outcome will be this is why i don't recommend people to go into meme investment.
hero member
Activity: 2086
Merit: 501
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For me it is hard to HODL meme coins since most of them would just be used to gain profit, and when it is done or been used most of them would be forgotten.
But I agree that investing in meme coins could really give you a good profit, but it is hard to know which is which.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
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
Scams will not be permanently ruled out but it can be temporarily reduced because there's absolutely greedy investors that would seek for everything valuable for their selves alone. We don't take decision in a hurry, we calmed down and thoroughly do our findings before taking or selecting alternatives to implement, it's simple and straightforward. Memecoins are everywhere in the market, we just have to make the right decision because staying up and running requires important setups for ends.
hero member
Activity: 2702
Merit: 672
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You mean investing luckily right? I've also been investing in memecoins and the only thing I can say is I've only been getting lucky with my ins and outs. I barely did any thinking and research, just went ahead and took some memecoins that seem to be performing regularly well. Took advantage of some dips and bought, profited, and left. I don't think I've ever held a coin longer for more than 12 hrs really. I always check every 2 hrs and if it seems to be a profit, I leave then check again every now and then to look for a buy angle.

It's nothing long-term and I highly doubt it ever will so just short it if you can.
hero member
Activity: 1652
Merit: 569
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I would say the current memecoin craze is pure luck as it has potential to provide more profit at a single trade than our entire month of hardwork in trading using the technical indicators and candles pattern. But we should make the mistake of invest and wait or holding when it comes to memecoin as we will be risking everything. I think we just need to go with the flow when it comes to memecoins.
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