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Topic: Is the meme coin still worth holding - page 10. (Read 2270 times)

legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
December 06, 2021, 12:04:34 PM
when do you intend selling it all off to buy a more purposeful coin or token.
What do you mean by "a more purposeful" coin or token? Do you've any particular alternative or you're simply referring to Bitcoin too like many do, thinking only Bitcoin is worth investing in and that all alts are shitcoins? Well, if that's any consolation to you; I will like to let you know that I bought more Shiba Inu yesterday. Shib, Dogecoin and Safemoon are about the memecoins I can encourage anyone to hodl or buy. There must be a reason so many exchanges have them on their platforms. They can't be that shitty and useless.
legendary
Activity: 2324
Merit: 1604
hmph..
December 06, 2021, 11:42:06 AM
As long as you can manage it I think meme coins can be profitable,
which must be noted that meme coins are not for the long term so when the price is rising immediately to sell it so as not to lose the moment,
Besides that, you need to be careful that many meme coin projects end up being scams

It's not just scams that are a problem with memetoken/memecoin, What you have to pay attention to is the rate of decline of the token itself. I have some meme tokens, neither doge nor shiba. These tokens are quite strong in terms of holders, maybe most of them are bought at the top. From the several tokens I hold, I see when BTC is down 10%, memetokens can go down by 20-40% or even more. This is why when there is an opportunity to sell at a high price, sell immediately, especially during a bear market like today, cutloss are important. Holding for long terms, i afraid if holders may never see the value of their investment for a long time. If they survive, maybe staying at 50% of the initial investment value in the next 5 years is good enough. But I doubt it can be.
full member
Activity: 840
Merit: 101
December 06, 2021, 10:23:37 AM
As long as you can manage it I think meme coins can be profitable,
which must be noted that meme coins are not for the long term so when the price is rising immediately to sell it so as not to lose the moment,
Besides that, you need to be careful that many meme coin projects end up being scams
Many meme coins are created for scams by using the doge and shiba names, but those coins go up drastically when listing on coinmarketcap and some low reputation category exchanges but after that moment all coins will be down and no longer valuable.
sr. member
Activity: 1456
Merit: 251
December 06, 2021, 10:18:48 AM
other than doge and shiba, I don't think there's any more memecoins worth holding on to in the long term. very rarely do we hear that there is a memecoin that has a push from a big company except for those two coins. if there's a meme coin worth holding on to in the long term, it's doge and shiba. if you want to focus on one meme coin, it's doge.
The two meme coins are still worth investing in because they already have a lot of support from the binance exchange, but another alternative I see an opportunity for a meme coin called Floki because it is integrated with Link and sponsors the Napoli football team and many other teams. Not investment advice but maybe worth considering.
hero member
Activity: 2996
Merit: 580
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 06, 2021, 10:08:35 AM
I think coin memes still have good prospects for the future, some coin memes are now also uniting Defi and NFT so that they can survive and of course improve further and can follow the success of Doge and Shiba.
For the future, it's unknown.

NFTs, Defis and as well as meme coins, they're all different and we don't know what will happen if the whole market is going to be stomped by a bear.

Yeah, a great and probably long bear just like before.
full member
Activity: 1568
Merit: 100
COMBONetwork
December 05, 2021, 09:11:16 AM
I think coin memes still have good prospects for the future, some coin memes are now also uniting Defi and NFT so that they can survive and of course improve further and can follow the success of Doge and Shiba.
As long as you can manage it I think meme coins can be profitable,
which must be noted that meme coins are not for the long term so when the price is rising immediately to sell it so as not to lose the moment,
Besides that, you need to be careful that many meme coin projects end up being scams
full member
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
December 05, 2021, 07:37:36 AM
Tbh I don't fancy any meme coin worth holding. You could maybe argue DOGE or SHIBA because they might have some usage in the future (ie Mavericks currently accept Dogecoin). But other than that, I would not try my luck at the casino game. At least thats what it feels like Roll Eyes
sr. member
Activity: 1701
Merit: 308
December 05, 2021, 06:57:35 AM
Only a few meme coins that I rely on right now, because investing in meme coins is very risky so just choose meme coins that are popular at the moment, and all the meme coins that I hold right now I have analyzed well and this is all I do to reduce a little risk, but for potential altcoins also I rely on for now because for the coming year there must be a change in price, So now we still have the opportunity to choose some coins that do have potential.
sr. member
Activity: 1064
Merit: 300
December 05, 2021, 05:03:43 AM
Coin meme is not affected by technical analysis. Coin meme grows in price if it's heard and talked about. The rule " buy the rumor and sell the news" works great with the meme coin.
Keeping a meme coin in a portfolio with the hope of perpetual growth is the worst idea.
jr. member
Activity: 382
Merit: 1
December 04, 2021, 08:28:34 PM
till now i still hold it and still keep it in my wallet, although i fully understand the many risks involved in memecoin, it looks like matic, dogecoin and ADA coins have grown in recent times, these 3 coins are of high quality with trading volume on several major exchanges
            
sr. member
Activity: 980
Merit: 252
December 04, 2021, 03:01:26 PM
If I, suddenly, bought any meme coin, then after the first increase of its price I would immediately sell it in order to fix my random profit. I think holding it for a long time is too unpredictable and risky.
member
Activity: 1078
Merit: 15
December 04, 2021, 02:47:50 PM
Coin memes are very worthy of being traded lately, there are several coin memes that have become popular and are being hunted by investors. I'm not interested in any coin memes because coin memes are just a big wave that only happens briefly, so my advice is never to hold a meme coin in long term
I think the guarantee for the long term is very small because indeed a coin like this is only good if we hold it and when it is done, why should we always hold it.
The reason for holding coins is for profit, right? when the coin meme that we hold has made a profit, then why should it always be held.
Holding this coin for too long will only make you lose again because their system is quite difficult when expecting a pump and dump.
hero member
Activity: 1414
Merit: 670
December 04, 2021, 02:07:42 PM
No I think memes coins pump and dump they just give you huge profit for a short period of time if you not book your profit you will lose it. Because if you observe shib its pump and dump.and they haven't any fundamental so that the reason that holding memes is not worthing
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
December 01, 2021, 12:26:09 AM

It's true that there are millionaires with meme coins that exist at this time but I couldn't predict such a shocking thing until now. It's a thing to be sure of what you buy. If you believe maybe you are lucky but if not maybe it's not time for you to become a millionaire.
Actually, there are still many opportunities for other coins to become millionaires such as ETH, SOL, MATIC and BNB, it's just that they are not all as cheap as memecoin so they need a little more capital to become a millionaire.

Everyone has a different path to become a millionaire and there may be some people will become millionaires from the meme coins they have and some indeed from the hard work of watching the charts grow every day. So everyone has a different concept to make their own profit.
hero member
Activity: 2730
Merit: 632
November 30, 2021, 01:02:48 PM
It's true that there are millionaires with meme coins that exist at this time but I couldn't predict such a shocking thing until now. It's a thing to be sure of what you buy. If you believe maybe you are lucky but if not maybe it's not time for you to become a millionaire.
I have explored several transactions of meme coins so it was surprising to find one of the wallets had a million dollar balance only 1 meme coin he bought for 0.1 eth from 42 days ago however meme coin trading is very risky and if unlucky will lose large amounts of assets.
No matter what market you do get involved with and as long it would require up some money then it would be always a risky move to make which is really normal since we are dealing off with investment which you should really bare in mind about these probabilities and chances.If you do really able to look
that meme coins were really worth the risk then its your choice because not all would really be having the same mindset when it comes on dealing
with things.So its up to someone whether they do risk or would avoid it out.
full member
Activity: 868
Merit: 106
November 30, 2021, 12:18:34 PM
Holding meme coins has reasons for many crypto users, but some of the reasons we've seen are unacceptable. Since a meme coin is so close to being a scam, it could have been abandoned by its owner. For me, if still have a meme coin, there's no need to hold it anymore. If there is an opportunity for us to sell, then immediately take advantage of it well. Because we can not guarantee, that the coin will last long.
full member
Activity: 1190
Merit: 108
November 30, 2021, 11:49:20 AM
I'm not meme coins biggest fan, i just like it a bit. But its doesnt mean meme coin is not good to buy and hold, we can see Doge and SHIB, they are both are branded with meme coins at the first sight, and now we can see how high their marketcap.

All i wanna say is, not all meme coins is a joke, and not all big coins will always give you profit. Its depend on where market will go.
full member
Activity: 463
Merit: 102
November 29, 2021, 04:23:10 PM
With DOGE AND SHIB for me it is still worth holding and for me, I don’t need any TA or FA on this because I’m just taking the risk holding them since I believe on their hype that can happen any time. I don’t think a large meme token like this will die instantly, its just a matter of time before we see them rising again, just wait for the hype or buy now to get in early.
sr. member
Activity: 742
Merit: 250
November 29, 2021, 11:40:18 AM
I don't hold any meme coins even if I follow them. Currently, there are many meme coins released due to the influence of trends from Doge and SHIB, they are created without a development vision or any solution or utility. Their value is inflated, there are many people who lose money because they invested in meme coins.
hero member
Activity: 2338
Merit: 737
November 29, 2021, 09:12:32 AM
yes I hold meme coin because it's a big dump, so any altcoin we invest like Digecoin has risk, no big or small risk depending on big or small profit, of course some people get rich with Meme Coin or the like.

Only those who get rich with memecoin early take advantage of the situation and opportunity, while for those who are late, the potential loss is greater than the gain, so never depend on any memecoin

It's true that there are millionaires with meme coins that exist at this time but I couldn't predict such a shocking thing until now. It's a thing to be sure of what you buy. If you believe maybe you are lucky but if not maybe it's not time for you to become a millionaire.
Actually, there are still many opportunities for other coins to become millionaires such as ETH, SOL, MATIC and BNB, it's just that they are not all as cheap as memecoin so they need a little more capital to become a millionaire.
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