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Topic: Investors desire on meme coins are insane - page 5. (Read 965 times)

legendary
Activity: 1610
Merit: 1003
November 08, 2021, 06:01:52 PM
#73
public secret fact is they can give you much profit than the main coin. you put little fund, harvest big deal in thr end.
its hard to find best coin on meme coin, sometime people need put to many coin, but the result can cover cost the other coin. and im sure we try our best to deal with that till now, unexpected coin will show and shock owner.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
November 08, 2021, 05:59:11 PM
#72
SHIB and DOGE are the only meme token that will survive in long term -snip-
I don't know what makes these two meme coins survive a long time. I think the future of both SHIB and Doge are the same, are not predictable and can be died at any time. Don't forget that they are only two meme coins although they are now the top coins, they will never have fundamentals to make them survive a long time. So, I think we cannot say that they will survive a long time because the hype of these coins can be over at any time, then people aren't interested to buy them again.


You may not as these coins have a lot of investors and guess what Doge save cost when doing a transfer that is why it is still able to sustain even during the market crisis. But I'm not sure with SHIB, that is very interesting to see how it behaves when the bear season comes since it has never happened yet. Kinda be this bullish market saved this project and the support of Binance help it to gain some trust and the confidence of some investors and traders.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
November 08, 2021, 05:57:20 PM
#71
People might be enjoying big profit in this bullish trend but once the crypto space will be entering into bearis  market trend then they will start facing the the real consequences.
We're all expecting that to come. Those that are insanely making good returns from investing in meme coins, let's be happy with them but they also have to take care of their profits before the imminent bear market comes. But if we're also wrong that the bear market won't come close to where we are right now, everyone just has to enjoy and secure their profits, memes or not. Because if you won't take care of your profit this time, you'll not preparing yourself when the unexpected comes.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
November 08, 2021, 05:52:02 PM
#70
Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market.
One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.
There are few coins from that period that finally managed to go up. Like for example ADA was from that period, and for years it hasn't moved that much and nobody cared about it, now look at how much it is cared and how high it got. So even though some of the NFT's of today do not get too much attention, maybe in 2-3 years it may have some value.

However that is not guaranteed, just because that is how it happened with ICO period doesn't mean that it will happen the same way once again, we may end up with something that doesn't worth anything at all as well. I hope that we will grow bigger, NFT is something that is getting way too much money involved and having it not really worth anything would be a horrible deal for us in the future. I personally do not own much, so I won't care if all of them goes to zero one day, but crypto investors getting hurt is bad for all of us, not just the ones that invested into it.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
November 08, 2021, 04:44:09 PM
#69
SHIB and DOGE are the only meme token that will survive in long term -snip-
I don't know what makes these two meme coins survive a long time. I think the future of both SHIB and Doge are the same, are not predictable and can be died at any time. Don't forget that they are only two meme coins although they are now the top coins, they will never have fundamentals to make them survive a long time. So, I think we cannot say that they will survive a long time because the hype of these coins can be over at any time, then people aren't interested to buy them again.

hero member
Activity: 2814
Merit: 576
November 08, 2021, 04:35:42 PM
#68
This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane

Not a financial advice, what have your own experience been like with meme coins?

I fully agree with you. I have no idea where people come to mind to invest in something that has no value. It's like buying air, because someone else is also buying. I am sure that when the meme coins market collapses, the entire cryptocurrency market will lose a large part of the community. People just won't know why they lost so much money.
So be very careful, everyone, because this madness could end at any moment.
Well, we all know that meme coins are bound to end once this bearish season comes so while we are still in profits, cash out more often because once its market starts to collapse, all your expected profits will eventually turn into losses  in the end. For me, there's now wrong investing in meme coins as long as you know when to make an exit because if you just keep your faith into these meme coins hoping they can outperform btc in the long run, well that will put you in a terrible loss in the end.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
November 08, 2021, 04:30:14 PM
#67
Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market.
One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.
I will completely agree with your statements. What we have seen in the ICOs, the same thing is definitely going to repeat this time for memecoin and defi. Unfortunately most people are not ready to listen what experts and high rank people of suggesting but they are simply going on as per the hype created by whales.

People might be enjoying big profit in this bullish trend but once the crypto space will be entering into bearis  market trend then they will start facing the the real consequences.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
November 08, 2021, 04:30:07 PM
#66
I see this as a way of gambling, but now you have gambled and make profit, you can easily just convert your meme coin to bitcoin so that you will not fall into meme trap of bearish market. The bear market will mostly not favor meme coins, the bull market that happens recently really helped you.

Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market.
One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.

While all markets will fall, memecoins and shitcoins will the ones to fall the hardest since they are the ones whose increase in value isn't tied to any "real value". That's why people who keeo chasing and investing in projects like this should be mindful of this fact and keep it at the back of their mind. Like you said, during ICOs; those projects that pumped the hardest don't have the spotlight in today's market.
full member
Activity: 546
Merit: 148
November 08, 2021, 03:58:31 PM
#65
I see this as a way of gambling, but now you have gambled and make profit, you can easily just convert your meme coin to bitcoin so that you will not fall into meme trap of bearish market. The bear market will mostly not favor meme coins, the bull market that happens recently really helped you.

Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market.
One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.
sr. member
Activity: 1274
Merit: 265
November 08, 2021, 03:51:45 PM
#64
This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane

Not a financial advice, what have your own experience been like with meme coins?

I fully agree with you. I have no idea where people come to mind to invest in something that has no value. It's like buying air, because someone else is also buying. I am sure that when the meme coins market collapses, the entire cryptocurrency market will lose a large part of the community. People just won't know why they lost so much money.
So be very careful, everyone, because this madness could end at any moment.
sr. member
Activity: 2226
Merit: 347
November 08, 2021, 03:48:47 PM
#63
This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane

Not a financial advice, what have your own experience been like with meme coins?
Take risk on something which could able  to bare because not all  would really be having the same mindset and impression towards meme coins.It cant really be denied
that there are people who could really take risk of  these meme coins and the ones who had risk out will normally be rewarded but of course if this one turns out
to be on the good side and we know that it doesnt really works on this way.So its a big risk to take and not all would really be that risk taker
and choses to be that investing in much less risk.
legendary
Activity: 1584
Merit: 1280
Heisenberg Design Services
November 08, 2021, 03:47:02 PM
#62
Meme coins did have their run solely because of Elon's manipulated pump but other than that there are absolutely no use case for them. The current market has saturated a lot and greediness has overcome among the investors who has started looking out for the next 100x or 200x coins which itself is called gambling rather than trading. The 2017 scamcoin mania suffered a downtrend just because whales and other large investors started dumping their coins along with various other scammers who had made quite a lot of profits at that time.

If we are able to compare them with our forum, we have the best run on 2017 and the signature campaigns and spams flooded the space making it unbearable to read any threads over here. Greediness has overtaken the market and many scammers have made millions in 2021 so possibly they might start dumping their coins altogether. Dog coins had overgrown so much such that every new investor has started investing in dogs alone  Grin
hero member
Activity: 3010
Merit: 666
November 08, 2021, 03:15:58 PM
#61

Not a financial advice, what have your own experience been like with meme coins?
The best financial advice is to know what you are about to invest and much have ROI assurance and this is hard to found from meme coins. yeah, somewhat a huge chance of losing rather than earning a profit. I can't be of 100%, however, meme coins are just a joke, they got in hypes because of market manipulation not due to huge demand and use case.
It can be and absolutely a risky choice but can't stop anyone if that they ever choose it, maybe they got lucky.
sr. member
Activity: 1638
Merit: 278
November 08, 2021, 03:04:20 PM
#60
This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane
But what I read on few crypto news portal is, there are lots of manipulations are happening when people are trying to invest in NFTs and memes coins like whales are trying to manipulate the market direction in order to they will be massively profiting by making individual investor participating. We also seen proofs for the link between buyer and seller of few NFTs.

Hence, I am not ready to believe that investors are insanely interested on memecoins. It is definitely a manipulation and we should not fall for this.
legendary
Activity: 3052
Merit: 1188
November 08, 2021, 11:21:04 AM
#59
We can't deny that some (few) of them have utility in some use cases. People started massively use Doge coin (for instance) not only leaded by hype but because transactions in the Doge blockchain were the best alternative when bitcoin blockchain has scalability issues, fast & cheap transactions.
Honestly, and about Doge coin in particular, it still has use-cases.

Yes, 99% of them can be described as a momentary joke.
Another form of those momentary jokes appeared recently which are NFT tokens.
I would say "utility" for doge is not being fast or cheap, if that was the case nano or Tron would have been so much higher this is why I believe that Doge was hyped and there was no reason behind it other than Elon.

Plus, if you really check the period when it became very popular, it is nearly a bit after the whole gamestop thing over at wallstreetbets subreddit. They are known to get into crypto as well and they picked doge as a joke. There was really no reason why they pumped gamestop neither, but proved that as long as you want to, you could increase the value of a company by just spending money on it and they really did. Same goes for doge as well, they wanted to go in, they did, and managed to increase it because that’s all it takes, nothing else needed.
legendary
Activity: 2268
Merit: 1655
To the Moon
November 07, 2021, 05:48:23 PM
#58
...But people did the exact same thing on doge and they became pretty fucking rich.

Why do you think the same thing can't happen with the other coins? ShibaInu came pretty close already and there will be others too I imagine...

This is what attracts the cryptocurrency market to itself, that everything is possible here. But at the same time, it is obvious that not every coin will repeat the success of Doge, there will definitely be outsiders who will bring their investors only a loss. And not all Doge investors made a profit, there were many who lost all their money.
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
November 07, 2021, 03:58:47 PM
#57
Coin meme that investors are interested in are only big waves that occur and will not last long, so to beat bitcoin and Eth will never happen because coin memes are very far when we compare it with coins whose popularity is certain like bitcoin, one of the parents of all existing altcoins. , I think coin meme is a big wave or just a momentary joke

We can't deny that some (few) of them have utility in some use cases. People started massively use Doge coin (for instance) not only leaded by hype but because transactions in the Doge blockchain were the best alternative when bitcoin blockchain has scalability issues, fast & cheap transactions.
Honestly, and about Doge coin in particular, it still has use-cases.

Yes, 99% of them can be described as a momentary joke.
Another form of those momentary jokes appeared recently which are NFT tokens.
jr. member
Activity: 840
Merit: 4
November 07, 2021, 03:55:43 PM
#56
Unfortunately, that is the gospel truth. There is more money right now in meme coins than any other crypto niche, even more than DeFi coins. And that encapsulates what crypto is all about. Just take a trip to Coinmarketcap and check the top performing top 10 and I guarantee meme coins would constitute about 50%
sr. member
Activity: 1722
Merit: 269
November 07, 2021, 03:50:09 PM
#55
This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane

Not a financial advice, what have your own experience been like with meme coins?

Of course it is true that if you are lucky and you invest into a meme-coin early that is mooning afterwards that you can make a huge profit in a very short time and it is also obvious that you can not make this huge profit with established and serious projects. So it seems that you have been lucky and you picked a "good" meme-coin out of those hundreds that appear every week. If your Portfolio is still up then i would highly recommend that you sell your meme-coin as quickly as possible because it is almost certain that 99% of all meme-coins, or sh*t-coins will be completely dead within a few weeks or months.
legendary
Activity: 2940
Merit: 1083
November 07, 2021, 03:40:23 PM
#54
This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane

Not a financial advice, what have your own experience been like with meme coins?

Meme coins are still meme coins to those traders. But because these meme coins are doing and showing a great volume, traders didn't hesitate to take part as they are just taking advantage. They are not supporting the coin directly but rather they want to use the opportunity to earn more.

It's no different when a trader is trading at low capitalization market coins or tokens.
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