I'd never think that was insane but obviously, they are just riding on the hypes and making a profit for their short stay. In fact, many investors are doing this, they are called short-term investors and this is mostly what they are doing and it is a risky decision yet profitable.
Early investors had made a huge profit of 1000%, that is something more insane, right? Well, they are happy with the result and you just found yourself being late.
Topic: Investors desire on meme coins are insane - page 7. (Read 937 times)
Got some pretty good profits on Doge.
But at the end of the day I recognize that it was pure luck. Nothing else to be said.
The rise of the conception of crypto as easy money has largely come from NFTs and meme coins and I don't think that it is necessarily a good thing - in fact quite the opposite. We need real innovation, not this stuff.
But at the end of the day I recognize that it was pure luck. Nothing else to be said.
The rise of the conception of crypto as easy money has largely come from NFTs and meme coins and I don't think that it is necessarily a good thing - in fact quite the opposite. We need real innovation, not this stuff.
It's a risky venture. But it's reward is amazing. Meme coin just came from the hide-out and kept so many in shock. But my fear is that it's similar to gambling very risky and unpredictable. Meme coins has been one of the key coins in my portfolio but I trade with so much caution
Meme coins are the most productive assets of the last 6 months or more probably. I think the SEC should declare memes commodities because we simply cannot live without them. If you rice is a commodity, why can't memes be one?
I wonder which hedge funds are buying these assets now. These markets are not moving by the average Joe. This is institutional money. My guess is JP Morgan (Jamie Dimon) buying every meme he can get his hands on.
it depends on how you can see the momentum and indeed need speed and alertness for this because if it is wrong instead of profit you will receive the opposite.
on the other hand I think for now the meme coin hype still applies, especially for shiba and indeed according to what you say even he can crawl up and match btc.
but keep in mind it's only short term. not long term and indeed this coin is also intended for the short term so I think it is suitable but for the long term it is still too far for that
on the other hand I think for now the meme coin hype still applies, especially for shiba and indeed according to what you say even he can crawl up and match btc.
but keep in mind it's only short term. not long term and indeed this coin is also intended for the short term so I think it is suitable but for the long term it is still too far for that
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?
Investing money in meme coins is a big risk. It's like playing roulette. We do not know when these meme coins can lose almost all of their value in one day. Today you are lucky, and tomorrow you can lose all the money invested in them. I don’t like to risk it this way. Meme coins are now being promoted by influencers, but their price will still drop to a minimum someday. I have no desire to be constantly nervous about such a possible fall. Not a financial advice, what have your own experience been like with meme coins?
It's a risky venture. But it's reward is amazing. Meme coin just came from the hide-out and kept so many in shock. But my fear is that it's similar to gambling very risky and unpredictable. Meme coins has been one of the key coins in my portfolio but I trade with so much caution. One thing I always avoid when it comes to meme coin is greed. I keep my investment minimal to avoid heart break
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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 sure a good way to make some quick profits, but do not forget its a gamble, for they are also a great way to loose money through any wrong move....Not a financial advice, what have your own experience been like with meme coins?
I personally have never invested in a meme coin, neither do I plan to ever do so, they are highly risky and I see no reason putting my money on something that brings no real value to crypto and the society.
My advice is, if it works for you, do your best to trade with extreme caution, don't go buying every meme coin on the market thinking it will bring the same effect as the previous ones, if you do this, you might just end up making money on one meme coin and loose the same money or even more on another meme coin... Meme coins are gamble... Do not forget this.
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
You may be right or not but if you share how you start and how you have chosen those meme coins would be helpful to understand your performance better. Just sharing that you have made massive profits is not something this community expect from an old member. But, this community expects some of your guidelines on what and how some of your ideas worked for you to make money so that people will follow and may copy similar profits.If you are taking about shibu inc then please tell us how you decided to go with it by ignoring dogecoins. I hold dogecoins hence I showed no interest to shibu.
No it is not. People like memes and so they also like meme coins. It is just a reflection of what they like. The best meme wins. If a project can't produce good memes, it is bound to fail. Nobody gives af about the project or monetary policy or bla bla bla. Does it have a good meme potential? Then bring it on. I'll buy with three hands.
I believe meme coins have find a home in crypto space already so doge coin and shiba probably will survive for a very long time to come but I'm not betting on this still I took profits
Doge and shiba is 2 of 1millions meme coins that launched everyday, the chance of becoming those 2 coins is less than 0.1% but the investors still buy it because the media blow these things up too much.
"If you have invest 100 USD months before, your investment will worth 2 mils USD by today" said by the media promoting shiba inu, and people who are aiming for quick profits keeps investing on it, that's why the price is keep increasing though it's not make sense anymore.
So it's so dangerous investing on meme coins, or just invest small amount of investment that you can afford to lose.
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?
if you succeed in meme coins, you will certainly get a lot of benefits like what has happened to doge coins and Shiba coins, but behind it all there are many risks to be faced. I think it's very comparable, I myself really like gambling in meme coins expecting huge profits. Not a financial advice, what have your own experience been like with meme coins?
I believe meme coins have find a home in crypto space already so doge coin and shiba probably will survive for a very long time to come but I'm not betting on this still I took profits
Doge and shiba is 2 of 1millions meme coins that launched everyday, the chance of becoming those 2 coins is less than 0.1% but the investors still buy it because the media blow these things up too much.
"If you have invest 100 USD months before, your investment will worth 2 mils USD by today" said by the media promoting shiba inu, and people who are aiming for quick profits keeps investing on it, that's why the price is keep increasing though it's not make sense anymore.
So it's so dangerous investing on meme coins, or just invest small amount of investment that you can afford to lose.
First to ask you; did you take the profits, or you are still in those memecoins? I am asking because unrealized profits are not profits at all, and many fail at that part. I had the same issue couple of years ago, I simply didn't know when to exit shitcoin and take the profit, so I stopped with that practice.
I don't check the price chart, but so far only DOGE comes close to outperform BTC/ETH.
If we are looking at last ~12 months or so, DOGE oupterfomed both BTC and ETH, but I think that will last only until bear market. Once we hit that, I expect it go below, as in last few months DOGE lost 50% value compared to BTC and that trend will probably continue.
Profits secured mate, I knew how risky these meme coins are so I'm never in for a long time, just want to make some money off them while the hype is still up and running, I believe meme coins have find a home in crypto space already so doge coin and shiba probably will survive for a very long time to come but I'm not betting on this still I took profits I don't check the price chart, but so far only DOGE comes close to outperform BTC/ETH.
I mean, meme coins outperforming BTC/ETH in certain time spans(mostly short-mid term ranges, obviously) isn't anything new, really. It doesn't even have to be meme coins specifically, even the most total utter crap projects can easily outperform BTC/ETH if you buy(and sell) them at the right price. Now, the question is if you can actually outperform BTC/ETH in longer time spans using these coins.
Of cos not, it will be a huge mistake holding on to meme coins for long term hold and investors are buying just to make quick profits out of them, shiba on the other hand is more than a meme coin now, they just got their metaverse coming as well call OSHIvERSE, insane right? 
You know how dangerous they are yet you still made a lot of money from it.
It is risky cause these sort of coins are more or less pump and dump coins, and the thing with them is that you should only hodl them for the short term, I absolutely do not doubt what OP is saying, as quite a lot of people have made huge sums of money from "lottery" coins such as this, but many more people have lost all their investments to it, if you buy it at the wrong time, especially when others have started dumping it, then you'd be left with a useless coin that's prolly never going to rise again. If you're a short term investor then these sort of projects aren't actually a bad idea, so long as you know how to handle them (when to buy and sell). 
It's just like ICOs back in 2017 riding on the ETH blockchain. This time it's more of BSC's turn.
Same shit, different smell.
Same shit, different smell.
Ehh, the price rises in select projects doesn't necessarily need to be on a specific chain; these pumps can happen on any blockchain and it can even happen even in the most bearish times. They really just need a narrative shift or an announcement that could get people hyped enough.
But they can't beat the coins you mentioned in terms of mcap and use cases. This meme coins are just trends which dies sooner or later. It's better to invest wisely in them and divert their profits into big mcap coins.
The same risk and volatility things. The higher the marketcap, the coin becomes fatter thus slower to go up/down, while lower marketcap coins are quicker to go up/down. However, it's true that the trend after DeFi is on NFT and meme coins. The problem is you can't predict what will be the next trend after meme coins. SHIB, DOGE, etc can be still pumping (still trending), but it's "dangerous" as OP said. Don't forget to cash out, since numbers on your portfolio mean nothing if you can't cash out.
Good for you.
I'm still waiting for my btc and eth to blow up my portfolio in a positive way but I know that it will take time. So if you've made a lot of money from meme coins, congratulations.
You know how dangerous they are yet you still made a lot of money from it.
I'm still waiting for my btc and eth to blow up my portfolio in a positive way but I know that it will take time. So if you've made a lot of money from meme coins, congratulations.
You know how dangerous they are yet you still made a lot of money from it.
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?
Yes, they might have high rewards but also their risk will be insane. You might be zero in a moment. The decision is totally personal that if you want to take this risk or not. I am not a risk-taker person. Choose a safe and more stable project for investment like Paybswap. A very promising token that has huge growth potential - the launch of their DEX bridging BSC to the hyped Polkadot ecosystem is closer than ever. Not a financial advice, what have your own experience been like with meme coins?
It has real utility and is backed by a strong development team. Already filled up my bags; you should too.
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