is it still to Invest into meme coins? - page 5.

wxa7115

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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.

If by your own observations you have concluded the majority of the meme coins are scams, why do you still want to invest in any of those coins?

It seems you actually believe there is a way to differentiate the coins that fail from those that succeed, but I will tell you this, the meme coins that succeed are also scams, it is just the developers got enough people to ignore the warning signs and many people decided to invest in their project, so without any way to differentiate between the meme coins that fail and those that succeed, there is no other logical option but to stay away from those coins.

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One thing you will have to understand is that greed is one of the reasons why people will keep losing money in the crypto market.
Some persons don't want to be patient enough to invest in good projects so they can ride the bull. They will actually want to be investing in presale so that they could earn huge amounts of money since buying presale can be quite rewarding for us.
Our safety is the most important thing we need to consider when making financial investments especially in cryptocurrency.

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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.

When I saw this thread I felt that I will be seeing some genuine discussion about pros and cons of meme coin and which meme coin to invest. When I read the topic it made me realise after seeing the url that it was click bait. Of all the scams happening in Solana network related to meme coin another shit coin shill topic was created. After visiting the website it is certain that the creator of this meme coin didn't even consider creating a good website. Most probably a rug and pull in the making.

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Quote from: Sayeds56 on May 18, 2024, 09:41:56 AM

Quote from: bluebit25 on May 18, 2024, 09:00:30 AM

No one decides your rich/poor, so evaluate yourself and make a decision.

I'm wondering that in the past 3 months you've been talking about researching memecoins, so do you find yourself taking a gamble when you could be moving towards leading cryptocurrencies like bitcoin, eth,... or just because the profits don't come quickly makes you stay away and turn to memecoins.

Everything has its own risks, but the core still belongs to investors when they don't really understand their behavior, and let's be realistic that certain memecoins increase in price thousands of times but at the same time most has evaporated.

Certainly, our future is in our own hands, and our success or failure depends on quality of our investment decision we take after through research and due diligence, keeping in view our risk tolerance level and financial circumstances. Investing in high risk assets such as meme coins is similar to get quick rich schemes where investors rarely profit and often lose most of their invested funds.

There is a mistake that I always see in each different cycle in the electronic gadget market, new terms appear and are spread with the potential to increase prices very hyped. Although the essence is to take advantage of people's greedy psychology, sometimes it is difficult for us to escape this loop, even long-time players still tend to look for more risky things to change their position quick investment.

But anyway, a different investment perspective helps us see that the few are successful and the majority are losing money and many other things. Perhaps everyone's lesson is to go through everything, even if it's bad, we still need to acknowledge it to improve the ultimate goal that each person is aiming for.

AnonBitCoiner

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It should be your own decision because no one can guarantee your success therefore search before Investment and if you think that this coin can give you profit then without asking from anyone decide by yourself. Meme coins are risky but they can also give you profit therefore the investment in meme coins are likely to gamble with your money.

Someone can give you suggestions to invest a little bit in meme coins but also be ready for both good and bad situations as the risk is higher with meme coins so if you find out a situation when the price of your selected meme coins get pumped then don't be too lazy and decide to sell immediately.

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Quote from: Dunamisx on May 18, 2024, 10:45:13 AM

We can make investment in memecoin as long as we have the tenacity to risk anyone of them, invest, hold and be profitable at them or take risk on loosing our asset of investment on them in case we are choosing the wrong meme, just as we do suggest for making research enough for them before investment, we cant afford also to make a very huge investment in them, when we are not sure of what may comes after that.

Investment in altcoins is risky, and specifically investing in memecoins is a gamble, this should be a fact that anybody that wants to invest in them should have in mind. I liken most of these projects to Ponzi schemes, you invest your funds with the mindset that the ship can sink at anytime, so if you're able to get some reasonable returns on investment before it sinks, then you're in profit. Most of these projects are created with the intention of enriching the developers and scamming their victims who are the investors. The OP can take his chances and invest in the project that he talked about, it's his money, but I'll advise him to buy with the amount that he can afford to loose.

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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/

Well even checking the website its not on the design of it but on the hype of the community. Memecoin usually surge if the people investing are also good or had a lot of marketing and backed by most influencers. Thats the thing about memecoin. If this is found by KOL they usually shill it and make marketing hence gain more investors or retailers. Thats when the memecoin pumped hard.

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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/

Look meme coin can make you rich but when to invest into meme coins and where to invest is very difficult to determine. Actually meme coins are very few which can give you some good profits rest of them are all spams and shit coins.

Now you should gather some very good and valuable skills in order to determine which meme coins will give you profits. Do some good free course and go through some YouTube playlist. Once you feel confident enough only them invest in them.

Dunamisx

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We can make investment in memecoin as long as we have the tenacity to risk anyone of them, invest, hold and be profitable at them or take risk on loosing our asset of investment on them in case we are choosing the wrong meme, just as we do suggest for making research enough for them before investment, we cant afford also to make a very huge investment in them, when we are not sure of what may comes after that.

kentrolla

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I have been against memecoins because I know they have nothing to offer but they are just riding the SOL chain trend and using the existing successful projects like pepe and even people end up investing into it like sheep hence I have stopped experimenting with memecoins and suggest the same for everyone. Rather, invest into coins which offers technologies and solutions for existing problems.

johnsaributua

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If you are hesitant to invest in meme solana coins or new ones, it is normal, because usually the liquidity is not good in a new token will be drained if there is an increase and more sellers than buyers, especially if a coin is allocated more to airdroper / reward participants for free. Of course, a large markeetcap will be meaningless if it is not replaced by new funds raised.

DYOR with what your choice is, no matter how good the supply on offer, of course you have to grow and grow, including when you early enter the dex / cex exchange whose visitors are not too interested / lonely. Of course it is different from meme coins that have entered cex tier 1 or superior, there are many meme coins listed there with a pretty good hystory, although not as cheap as the new meme coin but at least know more about the direction if daily trading will be more measurable because it is included in the criteria of a reputable exchange. in other words, meme coins that have fundamentals and a large enough community.

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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

You found out that 99% of memecoin on solana as scam yet you change your mind instantly after finding a website that teach about memecoin? What a splendid turn of event you’ve got in your mind.

The majority of meme coin are scam so why bother to invest on this kind of project while the just of investing on legit meme coin is slim. Why not just focus on trusted coin like Bitcoin and other blockchain project instead of pursuing a gem meme coin that exist 1 out of 100000 meme coin project out there.

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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.

When it comes to memecoin, there's actually no point in checking all that, because memecoin is purely a meme, there are only 2 choices between rugfull or jackpot. This means that fraudsters on meme coins are now good at tricking them with verified social media with blue or gold checks, even though they can still commit fraud. So you don't need to do in depth research on memecoin, you just need to dare to bet with money that you are ready to lose or vice versa which means getting a big win. Playing memecoin is not much different from coming to the casino with a lottery buy and betting all in in one decision.

Sayeds56

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Quote from: bluebit25 on May 18, 2024, 09:00:30 AM

No one decides your rich/poor, so evaluate yourself and make a decision.

I'm wondering that in the past 3 months you've been talking about researching memecoins, so do you find yourself taking a gamble when you could be moving towards leading cryptocurrencies like bitcoin, eth,... or just because the profits don't come quickly makes you stay away and turn to memecoins.

Everything has its own risks, but the core still belongs to investors when they don't really understand their behavior, and let's be realistic that certain memecoins increase in price thousands of times but at the same time most has evaporated.

Certainly, our future is in our own hands, and our success or failure depends on quality of our investment decision we take after through research and due diligence, keeping in view our risk tolerance level and financial circumstances. Investing in high risk assets such as meme coins is similar to get quick rich schemes where investors rarely profit and often lose most of their invested funds.

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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/

Why suggest it to others? why don't you keep it for yourself? i meant it will be very useful for you caused by you can invest your money on that meme token which is a scam token for me. The better if you are advising yourself about this.

You have been fully explaining the whole reasons to invest in that meme token. It makes sense if you are putting all of your money there.

I strongly believe if none will even try to add their liquidit to the unknown token like that.

The better for you to add liquidity for that tokens. Grin

People are so smart these days. They won't fall easily to the traditional shilling trick like this.

bluebit25

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No one decides your rich/poor, so evaluate yourself and make a decision.

I'm wondering that in the past 3 months you've been talking about researching memecoins, so do you find yourself taking a gamble when you could be moving towards leading cryptocurrencies like bitcoin, eth,... or just because the profits don't come quickly makes you stay away and turn to memecoins.

Everything has its own risks, but the core still belongs to investors when they don't really understand their behavior, and let's be realistic that certain memecoins increase in price thousands of times but at the same time most has evaporated.

Cvetik56

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It's hard to say. I prefer to avoid this market, the risk is too high. If you want to buy memecoins, do your own research. It's hard to say if someone is trying to give and actual advice of trying to shill a coin if they suggest to buy something. And even if they're sincere it doesn't mean that they can't be wrong.

batang_bitcoin

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You are relying to their words without verifying if not the same thing will happen to you by finding another scam meme coin? It's hard to invest with money that you can't afford to lose. So if you're investing to meme coins, you have to make sure that it doesn't go along with another mistake if you have done one in the past. And people won't say that they're sure that it's not a scam because we're not interested on investing on it while I do understand that you're trying to survey and ask people's thought about that project.

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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 invest in meme coins don't expect to much, because meme coin is very risky investment, you need to decide by your own and make a research, i am not an investors or its not on my vocabulary to invest in meme coin even if there are so many people that says they earn on investing into it, i know what is meme coin and i also know that more people lose than earning in investing on this type of coin, a coin without a use case and have a huge amount of supply it is really a risk.

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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

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.

Topic: is it still to Invest into meme coins? - page 5. (Read 619 times)