Meme and Alt Coins investors, how do you treat with your conscience? - page 3.

asriloni

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience?

This is why anyone must know risk management. It would be so stupid if I were going all in on the meme token. Since the meme token could generate me a few hundreds of percents, I just need to put in around 2%—3% dedicated to buying or trading meme coins. Try to make sure if you are using your cold fund to ensure you will feel nothing if you are losing your money.
Since meme token can multiple your profits up to ten times, it doesn't require you to put a lot of money. This strategy helped me a lot to get quality sleep without even worrying that I would lose my investment. Meme token was different since it could give you hundred percent ROI for your money.

Quote from: AVE5 on March 23, 2024, 03:15:33 AM

How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

I can sleep peacefully without even worrying about my investment in meme tokens. As long as you were minimizing the risk in the meme coin by only putting small amounts of it, I'm sure that you can also fall asleep peacefully.

mdzahed134

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

MEME coins are very high volatile, so of course investing in MEME coin's will be high risk, so why would you go for a big investment that you can't afford. I would like to invest in any MEME coin's then i will put a small amount of money, because i don't want to suffer financially if i lose it. It's like fifty/fifty win or lose situation to invest in MEME coins.

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

😂, "treat your conscience" indeed! Anyway, isn't why there's that caveat that people should invest only what they can afford to lose? That's right. Any investment that gives anyone the adrenaline rush, it means the investor went overboard in their commitment. It's not advisable to treat memes like one would do altcoins with use cases. However, memes are very good in flipping accounts. They give unbelievable ROI and that's why investors keep going back to them. For me, if I fancy a meme project I throw in a few dollar into it and watch nonchalantly what happens next. If it's profitable and does a certain number of X, I take out my capital with a bit of profit and allow the rest roll. Don't panic when you invest in memes. If it will make you panic when you invest in them, then don't invest.

Y3shot

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Quote from: Adbitco on March 23, 2024, 03:32:37 AM

No altcoin are short investment it's only the investors who chooses to go for long term or short term investment. Therefore if anyone is investing in altcoin he should be able to know what he wants if is long or short depending on the potential of the project although most of the investors mostly choose short term if the project is not solid enough for long time especially those over hyped coin flying everywhere people might rush to invest thinking it would last for long but believe me after early investors pull out there investment the project could be left with nothing making those who chooses for long hold worthless coin their custody.

Altcoins are considered to be short-term investment because some altcoins don't have what it takes to be like Bitcoin, after sometime they crash in the market and if one is hodling it as a longterm investment it will turn up to be lose for the person. Not all altcoins are good for long-term investment that is why some people they just invest altcoins for a short time and sell out because they are scared because something can happen to the coin in the future.

cryptoaddictchie

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

Lol thats why its a risky trade. Perhaps those traders knows that and shouldnt complain when they got rug or what. Memecoins that are new or presales are like a 50/50 chance for rug everyone knows that and some might be like a gold or x1000 multiplier tokens. If you ape on a meme make sure you can accept loses too and not just aim for the win cause majority of them are surely will dump or becomes dead later on.

Kelward

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

Invest the amount that you can afford to loose, that's the way you sleep well at night when you invest in a project that you know that you're gambling your funds, you've made up your mind that you'll accept profit or lose. High profits on the short term comes with high risks, so if an investor understands this then he or she is good to go, but due to the many scam projects in crypto, let them atleast carry out research before hoping on on. Although I won't categorize all the altcoins as high risks, there are reputable ones like Ethereum, and the rest that you can hold on the long term and not lose sleep that they'll vanish with your money.

kentrolla

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Why are we mixing of conscience with crypt market? It's more of one person's gain and other person's loss because it's the users like you and me who are buying and selling it. Rather it's more of how peaceful you can sleep when you have invested into highly volatile Altcoins and the answer is we cannot sleep peacefully atleast I cannot sleep peacefully if I invest into highly volatile Altcoins as I will be wondering what will happen to my fund and end up panic selling or not selling at the peak. I have made these mistake in the past and stopped leaning towards volatile coins.

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Buying memecoins & low ranked altcoins is a big risk but if you can allocate a small % of your portfolio to certain altcoins & memecoins it could be a calculated risk worth taking that pays off handsomely. Obviously everything carries a risk, it just depends on how comfortable you are carrying different levels of risk.

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

I don't categorize myself as memecoins and the disreputable highly volatile altcoins but I in past have tried them
There's a site called dexscreener that tracks different tokens and their transaction in different dexes. I used to sort tokens by popularity in last 1 hour or 6 hour and see which of them are on the phase of breaking out. I also have a quick look at the token's website to see how dedicated they are for it. A quick look at it's social media and if I find it worth investing, I send just $100 to test it. I sold half of it when it hit x1.5 and all of it when it hit x2. For a period of a week I tested, I was nearly at same cash I started with. It was tiring to look at the price changes and sleeping means I could have doubled my money but ended up losing it all. I found it not worth the effort and hope some dex makes some free bot to initiate buy and sell at trigger point.

hugeblack

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When you invest, you must calculate risks versus profits. Otherwise, you want to live in a rosy world where dreams can come true and you can buy at the right time and sell at the right time, and then you will inevitably achieve losses on average due to the false hope of achieving profits.
traders are looking for a change in price regardless of the value. If there is an opportunity to make a profit from any cryptocurrency, he will try to catch it because he is looking for a change in value, not value, while the investor is looking for value. Therefore, as an investment, memecoins are a bad investment for the long term because most of them have zero value. While for traders memecoins may be good for making profits.

pinggoki

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I sleep peacefully my guy, it's not like when I invest in them, someone dies for my sake, that's probably the stupidest thing to happen to an altcoin investor if you ask me, why would your conscience be shaken when you're just investing something? What moral philosophy would be offended that I have to have a shaky conscience when I invest into this altcoins? If you can give me the literal ones and the specific ones that tell us that it's morally wrong to invest in altcoins, I would immediately sell all the altcoins that I've got and repent for my transgressions. Kidding aside though, I don't think I'll ever be haunted by regret or other conscience shaking stuff when it comes to investing in altcoin because I know for a fact that I've decided to do it and that living in regret of what I've done isn't really my thing so yes, I do tell the truth that when I buy an altcoin, I do sleep peacefully, I even forget about it after some time.

Taskford

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

Just think about something positive things that possibly happen when they are new and for sure there's nothing to worry about that since they won't rug their investors easily especially if they see a there's still a lot of people supporting their token. But if you know that they already last for weeks then provably you need to consider to dump them and don't let yourself go last and hold your meme coin since we all know what will happen so we need to be cautious regarding on what's happening since those tokens are well known a pump and dump scheme that's why we should never held them for long time. For sure to many times people regret their decision to hold those past scams meme coins that's why to avoid getting into that situation of feel the same what they experience we should avoid the idea of holding those tokens.

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It will always spoil your sleep if you invest into meme coins or in highly volatile coins it's for sure. But the thing is that sometimes these coins give a lot of profit and we get inspired from someone's story sharing about how he got such huge profits by investing in meme coins or volatile altcoins coins. It's true that meme coins can sometimes give you good profits but it's never a fearless investment.

It depends on you whether you choose short term investment or a long term investment. Look for the project whether it' is capable of doing better in the future or not. What's the use case and how it'll benefit people if they use it. So these small details matter a lot when you want to choose between short term investment or Long term investment.

batang_bitcoin

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

Just think of a price that you'll set and wait until they come and price in. Set a target for every purchase you make since you're not going to hold it for long term. Make a plan on when you'll exit from that particular meme coin or any altcoin that you only plan to hold short term.
It's easy to sleep at night when you don't invest a huge amount of money on them. But if you've been bagholding them and that's the only thing that's part of your portfolio then you'll really have trouble thinking and worrying about it daily.

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

I am not a person who likes to be influenced by emotions. Because I have also experienced that influence, I do not expect that investing in crypto will bring suffering.

Right from the start be clear about your investment plan, with alts or memecoins they are highly volatile and especially memecoins they are also risky gambles, such volatility brings opportunities/risks due to all. And we should accept the fact that this market is a playground where everyone competes to receive opportunities.

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Quote from: AVE5 on March 23, 2024, 03:15:33 AM

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

What has conscience to with in crypto market. Everyone is here to make profit and for that they choose different kind of altcoins. Some go for long term gain and some go for short term gain. The ultimate goal is to get profits from thier investment. I don't see anything wrong here, to add further it is always advised to invest money that if it is lost won't spoil your sleep.

Adbitco

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No altcoin are short investment it's only the investors who chooses to go for long term or short term investment. Therefore if anyone is investing in altcoin he should be able to know what he wants if is long or short depending on the potential of the project although most of the investors mostly choose short term if the project is not solid enough for long time especially those over hyped coin flying everywhere people might rush to invest thinking it would last for long but believe me after early investors pull out there investment the project could be left with nothing making those who chooses for long hold worthless coin their custody.

AVE5

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To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

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