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Topic: Meme coins still a good invest? - page 4. (Read 1134 times)

member
Activity: 322
Merit: 10
April 04, 2023, 03:34:34 PM
While meme coins can experience significant price increases during bull markets, they are also prone to massive sell-offs and price drops during bear markets or when the hype dies down.
 In addition, meme coins typically have no real-world use cases or utility, which makes them highly dependent on hype and speculation.
Investing in meme coins can be a high-risk, high-reward proposition.
jr. member
Activity: 1708
Merit: 3
April 04, 2023, 12:39:18 PM
Meme coins are very hard to predict .one can buy if the market dips and sell quickly when the bull market returns.There are not good for long term holds unlike other altcoins.
jr. member
Activity: 96
Merit: 1
April 04, 2023, 04:41:14 AM
If we consider meme-coins from the point of view of an investment strategy, then they can be interesting if you are ready to take risks and have a good understanding of the cryptocurrency market. But in general, if you are looking for stable and reliable investments, it is better to look at more stable and based on fundamental factors. In addition, there has been strong competition among meme coins recently, which may lead to a decrease in the price of their tokens.

It means that memecoins are just super-speculative assets. Yeah, I agree, you can make money there, but only if you're lucky or really smart and know A LOT about the market. And still kinda lucky.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
April 04, 2023, 04:35:06 AM
If we consider meme-coins from the point of view of an investment strategy, then they can be interesting if you are ready to take risks and have a good understanding of the cryptocurrency market. But in general, if you are looking for stable and reliable investments, it is better to look at more stable and based on fundamental factors. In addition, there has been strong competition among meme coins recently, which may lead to a decrease in the price of their tokens.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
April 03, 2023, 07:52:25 PM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
Simply No, meme coins will never be a good coin to invest in. Meme coins have no fundamentals, they only rely on the hype. When the hype is over, the meme coin price will be difficult to increase. Now, I don't see a chance for meme coin hype in the next bullrun. I think Elon Musk factor is over, he becomes more rarely talks about meme coins (Doge, Shiba, etc). In the previous bullrun season, meme coins become skyrocketed because of Elon Musk factor. Now, it is over already, so don't expect the same thing to happen again.

hero member
Activity: 2184
Merit: 513
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April 03, 2023, 06:49:43 PM
it's good investment as long as there's shills coming from elon otherwise it isn't, just observe recently doge rise from elon shills, surely such things would always happen in the future knowing the nature of elon, but I'd say if a coin relies too much in shills, then you should be patience enough to wait elon shilling for it which occurs once few months nowadays.
full member
Activity: 1022
Merit: 100
April 03, 2023, 06:46:29 PM
In my opinion, memecoin always has opportunities in the market, I see that memecoin is a seasonal coin and always has fans if it is campaigned by someone who has financial strength and a well-known figure that is recognized by all circles. As for what happened before, namely Memecoin which was campaigned by Elon Musk
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
April 03, 2023, 05:53:13 PM
memecoin which is a good investment just a few memecoins in my opinion, Dogecoin and shiba Inu, seems like memecoin always has better potential because until now both have big holders and a long established community. In addition, the two memecoins have influential investors with their tweets on social media. the two memecoins still exist in every exchange
You can expect returns from investing or trading meme coins like Shiba, but I think you'll come to terms with the reality that meme coins are where some whales get a lot of your money. You just said a few tweets could influence the price, while in a real use case it doesn't get much interest.

You shouldn't get long-term investment just for meme coins, it just doesn't guarantee you a profit. If you want to gamble, then gamble moderately instead of putting 100% of your budget out there.
full member
Activity: 532
Merit: 100
April 03, 2023, 05:46:58 PM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

memecoin which is a good investment just a few memecoins in my opinion, Dogecoin and shiba Inu, seems like memecoin always has better potential because until now both have big holders and a long established community. In addition, the two memecoins have influential investors with their tweets on social media. the two memecoins still exist in every exchange
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
April 02, 2023, 12:29:59 PM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
I'm still hoping that Shiba Inu price will go up if bitcoin price ever hits 90$k. But I bought Shiba Inu a few days ago.  Hopefully after few years Shiba Inu may be profitable. Now deterring new investment.
hero member
Activity: 2170
Merit: 530
April 02, 2023, 11:51:45 AM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

if I personally am not sure that meme coin can increase very high again in the future and of course I only invest in meme coin for the short term, because in my opinion altcoin that can survive and will give me a lot of profit is a useful altcoin (have function), so I never thinking about investing in meme coin for the long term, because it is very risky.
I agree, I don't invest in meme coin actually. For me these kind of token can be po pump for awhile and it will dump later on. It will have a short good run and hype before it  will dump again. I can't find some tokens with this kind of category that has a plan in the next few. years or you can see if they are concerned about how their coin will go in the years whether it will be good or not.
legendary
Activity: 2492
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April 02, 2023, 10:28:05 AM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
Meme coins are funny coins. Such coins initially show a lot of hype during the bullrun and attract investors but later get huge dumping. As a result, some are getting a lot of profit and some are falling into a lot of loss. Investing in meme coins during bear market is very risky. Someone else targeted the next bullrun and invested in a memecoin, but it was seen that the pumping of that coin decreased during the bullrun. So I think investing in memecoin should be done after understanding the situation.
Both pumping and dumping happens whatever market it is especially if it's a shitcoin. Meme coins are just so risky, I believe that some projects are just hiding on the meme coins category but infact they are just a shitcoin that doesn't have a future. People just buying it to get a quick profit even they know it's a risky investment. These kind of people are labled as degen last bull market as I've seen promoters are identifying them at that slang word.  If you don't know how to move quick in that kind of market, it is not for you.
sr. member
Activity: 1540
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Next Generation Web3 Casino
April 02, 2023, 10:09:02 AM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
Meme coins are funny coins. Such coins initially show a lot of hype during the bullrun and attract investors but later get huge dumping. As a result, some are getting a lot of profit and some are falling into a lot of loss. Investing in meme coins during bear market is very risky. Someone else targeted the next bullrun and invested in a memecoin, but it was seen that the pumping of that coin decreased during the bullrun. So I think investing in memecoin should be done after understanding the situation.
full member
Activity: 826
Merit: 104
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April 02, 2023, 09:07:17 AM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

if I personally am not sure that meme coin can increase very high again in the future and of course I only invest in meme coin for the short term, because in my opinion altcoin that can survive and will give me a lot of profit is a useful altcoin (have function), so I never thinking about investing in meme coin for the long term, because it is very risky.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
April 02, 2023, 09:02:14 AM
Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
It is not wise for a genuine long term crypto trader to recommend meme coin for new.traders as there is no intelligence in its marketing, but he can be frank and advice the purchase of meme coin with the intention of throwing away some cash. The last cycle made an awareness of meme coins that was not in a previous cycle, which does not indicate a similar experience.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
April 02, 2023, 08:48:22 AM
I don't want to invest in Shiba Inu coin platform. Because I have seen a pumping in the past but no more pumping in subsequent price increases. The Shibi Inu platform and road map doesn't seem very clear to me. And many platforms become inactive with website down so I don't want to invest in all these platforms.
You just better avoid the meme coins that you don't feel investing. And if you don't want to invest in it then you better not because it's important to know first what you're having with your money and where you're investing it. Shiba Inu isn't a platform but it's a token, a meme coin where you get to invest if you want to just like Dogecoin. I think the platform you're talking are those ponzi websites that have used Shiba Inu as their accepted coin.

I have invested once in the past and didn't get much profit so I don't want to take a second chance.
That's okay if you're just taking some precautionary measures since it's very important for you to decide where you invest.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
April 02, 2023, 05:02:37 AM
In my opinion, meme coins are no longer good for investing, mostly meme coins appear because of the elon musk effect, and that's not good because meme coins don't have a strong foundation, they only rise due to temporary hype
Since the meme coin hype caused by Elon Musk's tweet, now I feel that meme coin is only used for short. there may be some people who make long-term investments in the famous meme coin, but that seems very uncertain. however, apart from long term investing, I think meme coin is still profitable for people targeting short-term investments.
full member
Activity: 1554
Merit: 101
April 02, 2023, 02:22:51 AM
i don't know about the development but i've always been unlucky investing in meme coins so i won't be buying coins like that again.
i have buy in another chain too like solana and bsc and i got rekt  Grin
member
Activity: 358
Merit: 11
April 01, 2023, 11:42:05 PM
Investing in meme coins must be done by analyzing the market well. And you have to analyze the coins you invest in. Especially if you invest in those coins which are in good position in the market, you will not have to face loss, otherwise if you invest without knowing well about the coins then you will have to face loss. so I think meme coins are better among them SHIB , DOGE the future of these coins is really good so you can safely invest in these coins.
sr. member
Activity: 392
Merit: 269
Fully Regulated Crypto Casino
April 01, 2023, 06:58:51 PM
Meme coins is only good in trading and not for holding because some meme coins react based on hype, I could remember when Alon tweeted about a meme coin and it react immediately and later drop.
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