is it still to Invest into meme coins? - page 4.

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Quote from: manok jepang on May 20, 2024, 02:03:41 PM

Even though currently memecoins are very popular and are a priority investment for crypto users, I personally am not at all interested in memecoins because I think the risks posed by memecoins are very large, so the potential for loss or loss is very high,

No one forces anybody to invest in memecoins. Those that are into it are showing their gains for them to attract more people to invest on the memecoins that will be asked to them.

Because it's typically going to be asked "what they bought and how much they've gained". That's how it will be when someone sees their shared posts to the community.

And with that, it's a lowkey way of shilling the memecoin that they want to advertise and that will be adding a market cap to theirs.

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Quote from: peter0425 on May 18, 2024, 07:33:02 AM

Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not

Don’t ask us, decide for yourself.

When you find interest in a particular coin, whether that is memecoin or something else, it would be best to check a few things: first obviously the team behind it, the white paper and its socials which includes websites as well.

These are usually the first ones that you check because these are the ones that tell you the most about the project. If red flag arises in one of these parts, then you might consider pausing on that investment.

Exactly personal research is the best to know if the memecoin is legit or not and one of thing you have to know a genuine project to invest in and not to know from the general public is to know the best memecoins is to know the community support of the memecoin, and it popularity. And the kind of wallet the memecoin is using if it has non on it own.

And those memecoins in the Solana network were the ones disturbing the network and yet the developers could not deal with them to remove them instead allowing them to infect the network to make it congested and really I was wondering both Ethereum and Solana were congested at the same period when their populations were not even to the population of bitcoin.

Even at the time when the congestion was very high, many people left them yet it was still remained the same and not only for weeks but months. Investing in memecoins need caution and research so that you won't be scammed and disappointed.

manok jepang

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Even though currently memecoins are very popular and are a priority investment for crypto users, I personally am not at all interested in memecoins because I think the risks posed by memecoins are very large, so the potential for loss or loss is very high,

Jose Mourinho

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Currently I still hold Doge Coin and Shiba Inu as investments in the memecoin sector, even though I have made a profit from these two memecoins, I am still waiting for a suitable price to release the memecoin, because I am very optimistic if dhoge and shib will increase again in the near future,

andyou1234

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Even though memecoin is currently popular among crypto users, where memecoin offers huge profits in the future, I personally am not at all interested in memecoin because I'm currently focused on the investment I'm making.

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Let us assume OP that you are not promoting this project, but don't bother to dig deeper because meme coins are just good in the hype, not in profit.
If you care about your money, you'd rather stop looking for meme coins and instead, invest it in ETH or BTC. Don't get too attracted to those people who claim that meme coins are worth it and profitable because they are not.

Smart investors look for long-term investment, not just hype and short-term.
But that is your money, anything you do is yours and in the case of losing, it is just yourselves to blame.

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Quote from: mk4 on May 20, 2024, 12:39:36 AM

Quote from: Mpamaegbu on May 19, 2024, 11:04:58 AM

We've seen memes that metamorphosed into coins/tokens with utilities and have projects built on them long after they already listed on the market. There are many of them. Dogecoin and Shiba Inu are classical examples of this.

However, and notably too, the best way to profit from memes is to get in quick. Otherwise, whether a meme is a serious project or not, one can still not make money from it.

Does DOGE have utility now? I think only SHIBA makes the list as they've actually raised money from venture capitalists lol. SHIBA in this case though is an anomaly, because it's already really huge in market cap when they've transitioned into more of a 'serious' project. The newer 'memecoins' that try this approach though? Easily dead.

For Dogecoin, there is currently no good news that can encourage investors to enter and provide support for Dogecoin again. But I am sure that when the bull run season occurs and makes many altcoins increase their prices, Elon Musk will definitely provide support again for Dogecoin and will make the price rise again.

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Quote from: Kelvinid on May 19, 2024, 02:10:35 AM

Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one.

Web: https://schoolofmeme.fun/

Don't ask, see for yourself. Because if I say no, will you follow? The same thing happens when I say yes.
It is an individual choice and investment decision, and since it is your money, whatever you do, that is okay.

-invest in a project if you feel confident about it but if not, better leave and look for another.

In fact, there are a lot of coins in the market, so why not choose those projects that are already established well instead of taking risks in new and meme coins? Keep your eyes open and do research as much as possible.

I mean I have always tell people to check for themselves, but to be fair this one looks like just promotion, and promotions outside of announcement pages should be against the rules here. In any case, if anyone ever wonders, I went ahead and checked, I do not know if it is a scam or not, but it is 100% clear that it is going to be a project that will fail, do not invest money into it.

I am not just telling it to you or OP as an advice, I am just saying to everyone who reads this message. Do not invest into that project because nobody seems to be caring, if there is a good project out there then it is going to be something to care about and when we are going to end up caring about it, we should be aware of the deal, and not have anything wrong with it.

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Quote from: Ricardo11 on May 19, 2024, 01:12:36 AM

Meme coin is always a risky investment. Especially those that are new and unknown, most new investors lose the most by investing in those new meme coins. As you are making a financial investment in cryptocurrency, you need to pay more attention to security. You need to research how long the coin you are investing in has actually lasted and if it is actually good. Remember that before invest, this is your money, So you must be sure that it is risky. So always do your research first, pay more attention to safety, and always invest in top alt/meme coins instead of investing in new alt/meme coins. Top alt coins have very low risk of losing money and they give good returns if held for long term.

Traders have always used the new meme tokens to generate instant money since the top tokens were not volatile as meme tokens. They are sniping it, then waiting for the price to rise and selling it at the peak price and this is also helping people to make millions of money every month. As long as OP understands how to conduct research in order to avoid investing in the wrong meme token and everything should be fine for him to trade even the emme tokens in the decentralized exchange site.
I'm still investing in meme tokens because they tend to grow the most during a bull market without even peg to the bitcoin. I believe that investing in the top altcoins is not even worthwhile for small traders like us considering you need big sum of money to generate good profit. Think about this my friend. .

Consider the potential return on investment from top altcoins with market capitalizations in the billions. It's pointless to waste your time investing in something that will only double in price.
To maximize profits, invest in tokens with a low market cap. You will never be wealthy if you do not take the significant risk of investing in the emme token.

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Quote from: Mpamaegbu on May 19, 2024, 11:04:58 AM

We've seen memes that metamorphosed into coins/tokens with utilities and have projects built on them long after they already listed on the market. There are many of them. Dogecoin and Shiba Inu are classical examples of this.

However, and notably too, the best way to profit from memes is to get in quick. Otherwise, whether a meme is a serious project or not, one can still not make money from it.

Does DOGE have utility now? I think only SHIBA makes the list as they've actually raised money from venture capitalists lol. SHIBA in this case though is an anomaly, because it's already really huge in market cap when they've transitioned into more of a 'serious' project. The newer 'memecoins' that try this approach though? Easily dead.

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Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one.

Web: https://schoolofmeme.fun/

If you are used to it, it would be funny to come and put our money in memes full of indications that make us lose even though it was just a fad at first.

Identifying requires special foresight and a lot of things we have to investigate such as checking the web, twitter and the number of daily transactions if it looks very high in a short duration of time and continues to go down without stopping it is chaotic and another one if you enter the telegram channel only they post without being able to confirm anything problem or thing about the token from us it is even more chaotic in my opinion.

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Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

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I at least would've expected for you to realize that most of these stuff are scams after all the scams you experienced yet here you are again lol. Memecoins are hit or miss, majority of them being miss. Honestly wouldn't try to get lucky with them since most of them have insider groups manipulating the price. You wouldn't get anything out of it most of the time. My experience with memecoins usually are limited to taking advantage of small pumps, maximum of 10% increase, maybe more if I forgot and I got lucky but that's the limit. Heck if I see I profited already by 5% I usually pull out already.

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Memecoins are profitable but risky due to it higher market price volatility compared to other coins in particular with big names in this industry. So if it is with the question whether memecoins are still a good investment, it is you to decide and choose whether it is or not. If you can handle the sudden market price changes due to market manipulation and/or hype alone then you're good to go. Just keep in mind that not all memecoins are the same with PEPE, FLOKI, SHIB, and DOGE. It is you to choose which memecoin to engage yourself with. This is not a disclaimer but a reminder. Memecoins are good if you have competitive DCA 'coz unlike with Bitcoin and Ethereum wherein price entry is most of the time the problem, with memecoins you need to always check market price behavior, literally from time to time.

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Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam

I never encouraged anyone to invest in meme coins, if you don’t want to invest in bitcoin, then invest in strong altcoins, I don’t think if anyone wants to make investment they should even think about investing in meme coins, if you invest in meme coin, just have it in mind that you already lost the money, if you are able to get your money back, then you are lucky, but just few people who invested in meme coins are able to get back their money, higher percentage are always losing, but the most annoying part is that most of those people won’t give up, they will end up wasting money on new meme coins which they see.

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Quote from: mk4 on May 19, 2024, 01:46:48 AM

One of the main indicators that a memecoin is likely to fail to gain traction is if the 'memecoin' tries to do things and take things seriously rather than solely just be what a memecoin should be — a meme.

We've seen memes that metamorphosed into coins/tokens with utilities and have projects built on them long after they already listed on the market. There are many of them. Dogecoin and Shiba Inu are classical examples of this.

However, and notably too, the best way to profit from memes is to get in quick. Otherwise, whether a meme is a serious project or not, one can still not make money from it.

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Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one.

Web: https://schoolofmeme.fun/

In my opinion, memecoins are primarily for fun and lack inherent value. They don't offer the kind of utility or technology that would make them essential to own. When considering investing, I think it's crucial to gauge the project's community. If there's genuine enthusiasm and engagement, it could lead to increased demand and price appreciation. However, I believe the hype surrounding memecoins tends to be short-lived due to their lack of intrinsic value.

Ultimately, the decision to invest in memecoins rests with you. But always remember, as you mentioned, they carry a high risk of turning out to be scams.

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Quote from: solanasuper65652 on May 18, 2024, 07:11:57 AM

from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one.

Web: https://schoolofmeme.fun/

Don't ask, see for yourself. Because if I say no, will you follow? The same thing happens when I say yes.
It is an individual choice and investment decision, and since it is your money, whatever you do, that is okay.

-invest in a project if you feel confident about it but if not, better leave and look for another.

In fact, there are a lot of coins in the market, so why not choose those projects that are already established well instead of taking risks in new and meme coins? Keep your eyes open and do research as much as possible.

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Quote from: Ricardo11 on May 19, 2024, 01:12:36 AM

Meme coin is always a risky investment. Especially those that are new and unknown, most new investors lose the most by investing in those new meme coins. As you are making a financial investment in cryptocurrency, you need to pay more attention to security. You need to research how long the coin you are investing in has actually lasted and if it is actually good. Remember that before invest, this is your money, So you must be sure that it is risky. So always do your research first, pay more attention to safety, and always invest in top alt/meme coins instead of investing in new alt/meme coins. Top alt coins have very low risk of losing money and they give good returns if held for long term.

Of course there's a high level of risk when it comes to investing in meme , however the risk is not only in those new memecoin that is been listed in the market recently there's still a high level of risk in those memecoin that has been in existence for years now. there are some memecoin that has been in the market for a very long time but there value is always stagnant no increase in there value. However I think is good to make research before investing in memecoin so that you won't end up choosing the wrong one.

mk4

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One of the main indicators that a memecoin is likely to fail to gain traction is if the 'memecoin' tries to do things and take things seriously rather than solely just be what a memecoin should be — a meme.

Same thing with this 'memecoin' with a horrendous website that just has AI-generated images with memecoin logos slapped onto them.

Ricardo11

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Meme coin is always a risky investment. Especially those that are new and unknown, most new investors lose the most by investing in those new meme coins. As you are making a financial investment in cryptocurrency, you need to pay more attention to security. You need to research how long the coin you are investing in has actually lasted and if it is actually good. Remember that before invest, this is your money, So you must be sure that it is risky. So always do your research first, pay more attention to safety, and always invest in top alt/meme coins instead of investing in new alt/meme coins. Top alt coins have very low risk of losing money and they give good returns if held for long term.

Topic: is it still to Invest into meme coins? - page 4. (Read 619 times)