Topic: is it still to Invest into meme coins? - page 2. (Read 619 times)

I agree with you. Meme coins have high risks and if you are not ready to lose your money do not invest in meme coins. Some meme coin projects can provide huge profits that make you a millionaire but there are many people who experience huge losses. Recently Normie's project went viral on social media because the price fell by 95% and resulted in many people experiencing big losses. I heard there was someone on Twitter who lost 1.1 million dollars and currently the normie coins he was holding were only worth 150 dollars.

It's true, and a lot of people are acting as if this was 150x leverage basically. It is the same as having x150 leverage on bitcoin, you either win big, or you lose it all. Meme tokens that are quite low on the rankings are similar, either you get lucky and they skyrocket, or you lose it all.

This is the wrong mentality for me, I am not going to judge others it's their money and they can do whatever they want with it, however I do not like that and I intend to just keep on trying my best to slowly and gradually get richer. I rather not take any risks at all, and be rich in 10-20 years if I have to and that would be better for me. Not because of any financial reasons, but emotionally I am not capable of handling that much volatility.

I had a view at the site and twitter handle and thought it could be a good investment. I went to pinksale, it was my first time using it. It didn't had an option for solflare wallet where I keep my Solana and found out they do have Phantom. Got the wallet to phantom using the mnemonic phrase. I tried to invest on it through some Solana and it showed a message xxx SOME has been bought but it also shows that Current Raised is 25068%. What does it mean. Does that mean that it's overbought so that people would receive lower tokens than they asked for? or they are going to stop when the pre-sale tokens run out?

It's good advice to invest in Bitcoin, but this is just an option that is risky but will bring big profits if you get into the right memecoin. Seeing how extraordinary the development of memecoin is, there's no harm in trying. It is more advisable to enter obvious memecoins such as SHIBA and DOGE or PEPE when the price has dropped. For new memecoins it is indeed risky but there are many new memecoins that have appeared and the price has risen quite drastically. This will give you easy profits when entering at the start but will give you big losses if it is a scam coin.

It's a high risk stuff, can't recommend to invest on there. If you think that school meme coin looks promising for you then go ahead, no one is going to stop you because that's your money and you seem really believe that project to be better in the future. Sure you may think that the chance of seeing good meme coins does exist, but with so many garbage coins out there you should just wait for the right time that's all.

Many investment places at the start will definitely have advertisements with the phrase "guaranteed returns of hundreds of percent". I can say this is a scam and this scheme has ponzi characteristics. The money they spend depends on new members coming in so it will still look fine. So I hope we can avoid programs like that so you don't suffer losses and lose the money you have.

Well, that's the reason I don't trust new projects for investment and if I am offered profitable returns or rarely take short or long term, I will refuse it, preferring to look at old coins that survive in any market conditions, it will reduce fraud rather than bet your money on a new project whose launch on the exchange may not necessarily go as expected

I can't advice you not to invest on memecoins, it's your decision.But I'll say you should carry out your research and if it looks so real to you after you might have carried out your research then you can start investing but always invest on what you can afford to lose.Memecoins are not worth investing because they don't have the potential bitcoin and other cryptos have that gives profitable returns for the long term.Investing in memecoins it's very risky left alone investing on new projects you don't know, although it all depends on your risk tolerance.

Well, I just checked your website which I have also snipped off this post at the same and I can say that you have a nice design there, one of a kind as far as websites are to be talked about. But at the same time, let me say that it is clear you stylishly marketed that websites, regardless, meme coins don't need any school or huge teaching other than for the investors to be smart about it and also know that crypto projects need luck too. That is enough for the person to earn much through it and also stay safe from the ignoble acts of some bad actors in the crypto space. Going forward, to avoid scams, you should know that you will not have to trust any presales, they can push through or not, but it is not a certainty anywhere.

However, if good names/brains are behind the project and they have a huge community base, the problem is half-solved. Now, for a thing that is as simple as this, what school do we need in addition? Only gullible people go for a thing like this school of a thing unless it is free since many similar resource outlets are flooding the internet for someone to know more about crypto and be cautious of their choice and acts at the same time.

Also, I am a fan of the Solana ecosystem and I can say it is good. One should only do more research before investing in them, but I have never seen anyone listed on the top-rated exchanges that would fail eventually. Only that we should try to exercise patience and know that buying directly through presales is more risky than waiting till after listing to buy. The choice is ours.

meme coins? yes I invest in meme coins like Pepe, Bonk and of course I buy when the price is low then sell when there is an opportunity. I bought the coin meme not for the long term but for the short term and exited after making a profit.

Investing in meme coins should not have been easy as we can see, they often become trash coins if they don't have any real roadmaps that their developers follow or they don't have enough updates or ideas also plan B is crucial for such kinds of project because you see them fail at most of the time since there are lots of competitions among those kinds of project which make it harder for a new one to be successful. That's why you need to be really vigilant when it comes to investing in Memecoins and learn when to sell it at the right time because if you are left behind, you won't get back your capital if the project has failed.

I wouldn't say overall that meme coins can be a scam, but it depends on how the concept of the project itself is. i see most of the meme coins nowadays are just copies of doge and can't survive long in the market.

Sure i still do invest in meme coins My biggest profit ever came from Doge coin . I bought it at the lowest price back then and was able to hold for a very long period of time which resulted in almost 40x of my money. Thought i missed out on Pepe i still do search for good meme project to make an investment

If i were you I would belive only my own opinion cause no one would be the risk of investing for you, I your responsibility to do your own research and figure out if they would be a scam or not and even as at that I won't advice that you should go into meme coin investing cause they are mostly scam or have a poor team behind them, why not take that money and DCA into Bitcoin, it's better to have little bitcoin than to have nothing.

Yes it's true that some meme's price shakes the market and some try to attract investors but to me it looks like a failed attempt. Memes are mostly hype where skepticism rests. I'm not talking about all the meme coins. But if one wants to buy one can expect high profit as well as taking into high risk.

in fact, the risk of investing in meme coins is a scam, or things like you mentioned. That's why meme coin is called an investment with a very high risk in the crypto world. Apart from that, most meme coins are created without a specific goal, even unclear development. Mostly I see that many meme coins are burned to increase their price. Additionally, this is not the case with Sol chain, but almost all meme coins. However, decide for yourself what your investment is. Until now, people choose meme coins as an investment because meme coins have very high fluctuations.

whether pump or dump its always fomo one way or another, right now market bullrun making meme coin rise so high due to fomo, same thing with bearish, i think this can be applied to most of coins and after that come the best time to buy meme coin, as for now, not much, but it can still rise, just look at pepe, the coin keep rising despite already rising so much few weeks back.
thats because the hypes is going around pepe and probably will not stop until it get to the level of shib.
but remember that fomo is always a bad idea to start out your investment.
because that fear of missing out will just make you so pumped in investing but actually its not really the right time.
its always advised to wait until the price get down first with meme coin, since there might be correction after series of pepe or other meme coin sudden pump.

But that is the issue, a great deal of those that want to invest in this market, do not want to take responsibility for their actions, not only that, they want to obtain instant success as if the markets were their personal ATM from which they could withdraw as much money as they need whenever they want.

And it should be obvious such a thing is not possible, since success is often the reflection of a well-structured plan that was executed to perfection, and it is not something which can be gotten overnight.

In crypto it would always be best to DYOR, decide for yourself don't rely on others because it is your money that you would invest on it.
Don't expect much from meme coins most of them are just made for quick profit, a pump and dump project or worst is being scam project.
Being an investor/trader in crypto we should learn to decide on our own, we are risking our own money we should take responsibility for it.

I don't really believe in memecoin because many people say that memecoin is hype. So it makes me a little doubtful about it. However, after seeing movements in the market, it made me a little more confident about investing in memecoins and many people have benefited from it. Solona chain is currently in a good trend, especially some memecoins that use Solona chain.