no, I never keep meme coins in my wallet for a long period of time because I don't think it's good to keep meme coins for a long period of time. without high hype the price of meme coins will not go up because meme coins have no utility, in other words hype is the reason why the price of meme coins goes up. The hype is only temporary and after the hype is gone, of course the price of the meme coin will also go down.
even most of the most popular meme coin investors like doge and shiba use doge and shiba for short term investment purposes or day traders.
Topic: Is the meme coin still worth holding (Read 2270 times)
There will be very few people who will hold the meme coin. Moreover, it is very foolish to keep. Because I don't want to hold any meme coin ricks right now. Because in this situation, the condition of many big top coins is very bad.
Not all Meme Coins are that bad but every investment in Crypto we will get high risk, especially for Meme Coins we have to be more careful in handling these coins and it seems meme coins like Shiba are still very valuable if we hold them long term on condition that we buy them when prices are cheap.
There will be very few people who will hold the meme coin. Moreover, it is very foolish to keep. Because I don't want to hold any meme coin ricks right now. Because in this situation, the condition of many big top coins is very bad.
The major reason why most people hold meme coin is to take advantage of the potential price increase which could make a substantial difference. Several persons cash out big time from dogecoin and Shiba inu. Though the value has dropped significantly. I'll still prefer to hold some meme coin, so as to avoid missing out from the potential value increase in the future.
Memecoin may be worthy of being used as a short-term asset for profit, for the long term of course holding memecoin is not a good choice, so far meme coin was created without any real produck from developers and as we know the increase in the price of meme coin cannot be separated from the hype that happens, I think right now a lot of meme coin holders are starting to lose because they bought when the price was high during the Elon Musk tweet hype.
Almost everyone changes their investment from memecoin to altcoin, because in principle, memecoin relies on hype to run it in the market, so the opportunity is only when the hype lasts, under market conditions like now, there is no possibility of hype happening to memecoin, so it's better to switch to altcoins instead of maintaining memecoin, so at least we can generate a small income from the investment
That's right, the memecoin was hype at the time, that's why $Shiba and other meme coins went up in price because of $DOGE. But when the hype passed, the meme coins started to drop in price and some even rugpulled.Therefore, other altcoins have more potential than meme coins for now.
I agree with what Devifajarina said.
So for now I prefer and suggest staying away from meme coins. But all decisions are in the hands of each.
What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Many have criticized meme coins for their lack of a concrete operating mechanism and business model, and the recent market rout suggests that their run may be coming to an end. Note that 97 percent of the meme coin's market cap comes from Shiba Inu and Dogecoin. 
What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Maybe someone still keeps and holds memecoins in their wallet because they want hype to happen with the memecoins they hold, at least they can get a bigger profit with the meme coins they keep. Among other things, hope to happen as experienced by Dogecoin some time ago. I think this is what they want to hold on to memecoin for a long time.
I personally think that the meme token that has good potential right now is buffdogecoin(perhaps not many people know about it) and I still hold it until now
The reason I hold this token is because the team that continues to work and again this project has a double burn program every month + has assets in the metaverse
Yes, that's right, I also don't really follow meme coins, so I don't know about these coins,The reason I hold this token is because the team that continues to work and again this project has a double burn program every month + has assets in the metaverse
if hearing your explanation it seems like it's a meme coin worth buying,
but even so I think if we are really interested in it we still need to do some research first
The major reason why most people hold meme coin is to take advantage of the potential price increase which could make a substantial difference. Several persons cash out big time from dogecoin and Shiba inu. Though the value has dropped significantly. I'll still prefer to hold some meme coin, so as to avoid missing out from the potential value increase in the future.
The main idea of meme coins is to attract attention to something.
There are a lot of things to attract attention. For example appear such coins like https://twitter.com/DogeGaySon/status/1488443132718948352 to attract attention to some problems and protect some people rights.
For meme coin liquidity is important. But to have a big liquidity it is necessary to have a big community and a lot of users.
Meme coin must be useful for people to be in demand.
I just checked the price of Doge Gay Son Price (GOGE) $0.00001348 25.42% https://coinmarketcap.com/currencies/dogegayson/markets/
25% during one day. It means that there is a big demand in meme coin that unite people for peace.
There is a big demand in peace all over the world.
I personally think that the meme token that has good potential right now is buffdogecoin(perhaps not many people know about it) and I still hold it until now
The reason I hold this token is because the team that continues to work and again this project has a double burn program every month + has assets in the metaverse
The reason I hold this token is because the team that continues to work and again this project has a double burn program every month + has assets in the metaverse
The main idea of meme coins is to attract attention to something.
There are a lot of things to attract attention. For example appear such coins like https://twitter.com/DogeGaySon/status/1488443132718948352 to attract attention to some problems and protect some people rights.
The price of meme coins depends on the conditions of cryptocurrency market.
When cryptocurrency market rixe a lot of people are interested in cryptocurrencies and buy cryptocurrency and use it for investment perposes.
When market falls people lose their attention and sell cryptocurrency.
But after the fall will be a rise again. It is necessary just to wait.
For meme coin liquidity is important. But to have a big liquidity it is necessary to have a big community and a lot of users.
Meme coin must be useful for people to be in demand.
...
Timing is your friend, if you sell your meme with good profits you are really lucky,
While those who got stuck because of the hypes, it's a tough call for them whether to hold longer or sell it up and try to
reinvest with other assets.
There are still investors and traders who continue to chase meme asset, those who are willing to risk their money or someone
who loves playing with the fluctuations.
I also ever a stuck feeling when buying because of the hype, mixed feelings, should I sell or buy again! but I choose to buy again, many people also suggest that if we are stuck because buying at a high price, the best way is to wait for the price to go down and then buy more.
i bought meme coin hoping for a miracle i bought meme coin without having any analysis
and I will sell my meme coin maybe until it reaches a profit of 5x or more
but i didn't invest in meme coin big amount of money i only used a small amount of my money for this so even if i lost it it doesn't really make me sad.
What you are doing I think is correct because if you invest in meme coins in large amounts of money it will only waste money,and I will sell my meme coin maybe until it reaches a profit of 5x or more
but i didn't invest in meme coin big amount of money i only used a small amount of my money for this so even if i lost it it doesn't really make me sad.
we know for ourselves that investing in meme coins is not a good choice and very risky,
but if it's done in a small amount of money I guess it's not too much of a problem
for those who are stuck buying memecoins at high prices, then hodl is something they have to do so they don't lose a lot of money...
I used to buy Dogecoin, but luckily I immediately sold it when it was at $0.5, I immediately sold it at that price because I already made a big profit. Coinmeme is not suitable for long term because we don't know when it will be bullish, much better just invest in btc,bnb or eth.
I used to buy Dogecoin, but luckily I immediately sold it when it was at $0.5, I immediately sold it at that price because I already made a big profit. Coinmeme is not suitable for long term because we don't know when it will be bullish, much better just invest in btc,bnb or eth.
Timing is your friend, if you sell your meme with good profits you are really lucky,
While those who got stuck because of the hypes, it's a tough call for them whether to hold longer or sell it up and try to
reinvest with other assets.
There are still investors and traders who continue to chase meme asset, those who are willing to risk their money or someone
who loves playing with the fluctuations.
I don't have meme coins anymore. I sell all meme coins. I'd rather sell it and turn it into USDT or some other better altcoin. Maybe later when the $DOGE price drops back down to the bottom I'll buy it again.
Almost everyone changes their investment from memecoin to altcoin, because in principle, memecoin relies on hype to run it in the market, so the opportunity is only when the hype lasts, under market conditions like now, there is no possibility of hype happening to memecoin, so it's better to switch to altcoins instead of maintaining memecoin, so at least we can generate a small income from the investment
for those who are stuck buying memecoins at high prices, then hodl is something they have to do so they don't lose a lot of money...
I used to buy Dogecoin, but luckily I immediately sold it when it was at $0.5, I immediately sold it at that price because I already made a big profit. Coinmeme is not suitable for long term because we don't know when it will be bullish, much better just invest in btc,bnb or eth.
I used to buy Dogecoin, but luckily I immediately sold it when it was at $0.5, I immediately sold it at that price because I already made a big profit. Coinmeme is not suitable for long term because we don't know when it will be bullish, much better just invest in btc,bnb or eth.
I don't have meme coins anymore. I sell all meme coins. I'd rather sell it and turn it into USDT or some other better altcoin. Maybe later when the $DOGE price drops back down to the bottom I'll buy it again.
In my opinion i think meme coins are not good nowadays to hold. They are not trustworthy. One who desires to select meme coin to hold will make bad decision and will not gain anything instead of losing his own money. At start these meme coins were good but nowadays its not a good idea to choose meme coin for trading and investment.
I think nobody is holding memecoin for holding sake, it either the value have been eroded or the memcoin is no longer in the market. Memecoin has it's timing and hundreds of it could be created! Basically, meme coin are just fad and it comes and go!
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