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Topic: Meme coins still makes you rich or end of trend? - page 3. (Read 991 times)

full member
Activity: 700
Merit: 100
It all depends on how close you are to the source of the information. If the developer is your friend, of course, you can become a millionaire, but if you read information in newspapers and magazines, then the chances are not so great. Because often the first 10-20 large hands in a project are friends, acquaintances and close circles of people.
sr. member
Activity: 2800
Merit: 344
when lambo...
According to my personal feelings, the trend is coming to an end, now there will be fashionable metaverses and everything connected with them, and of course the trend with the NFT.As for me, meme tokens are already losing their relevance, since there is nothing but the name there and people are beginning to understand it massively.

People realize that value of projects are more on weight compared with the hypes, metaverse and NFT's are earning more investors interest compared with meme asset which mostly gaining pump from those people behind, if you have to weight your potentials and the possible risk it's more on taking the track where innovations are really ongoing.

If there's progress and there are many potential turns, risking your money also needs to take some wiser decision making.

Meme's against new trend, it's still up to your judgement though.. Grin Roll Eyes
I'd never heard much about meme coins now and this might be because of the metaverse projects that are gaining more attention. Perhaps, it was a good investment by now and this will give us a huge opportunity when got it hype like meme coins did. This becomes expected and after the hype is over, we gonna heard nothing as another set of projects comes.

This gonna be the reason why we shouldn't have to hold coins that are in hypes as later on, these projects become worthless.
sr. member
Activity: 2226
Merit: 347
so holding meme coins still make you rich or soon it'll be end of meme trend?
Now holding meme coins is nothing but nonsense. Because now the trend has changed. All meme coins like DOGE, SHIB are now bleeding. People are aware now so they are slowly moving away from meme coins. So currently holding meme coins is much more likely to lose money.
You could still opt to hold as long you do spent out your money which isnt something that could bother you off.Im holding both DOGE and SHIB and this would be intended for long term purposes.
I dont mind much if they would increase or not in the future as long you do only spent on the money which you can afford to lose which is always be the main line when you do invest
into this market.Yes, it could still possible make you rich but we know that it will really depend or vary on how much you had put in and of course with some sort of mix of luck.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
According to my personal feelings, the trend is coming to an end, now there will be fashionable metaverses and everything connected with them, and of course the trend with the NFT.As for me, meme tokens are already losing their relevance, since there is nothing but the name there and people are beginning to understand it massively.

People realize that value of projects are more on weight compared with the hypes, metaverse and NFT's are earning more investors interest compared with meme asset which mostly gaining pump from those people behind, if you have to weight your potentials and the possible risk it's more on taking the track where innovations are really ongoing.

If there's progress and there are many potential turns, risking your money also needs to take some wiser decision making.

Meme's against new trend, it's still up to your judgement though.. Grin Roll Eyes
full member
Activity: 1372
Merit: 110
so holding meme coins still make you rich or soon it'll be end of meme trend?
Now holding meme coins is nothing but nonsense. Because now the trend has changed. All meme coins like DOGE, SHIB are now bleeding. People are aware now so they are slowly moving away from meme coins. So currently holding meme coins is much more likely to lose money.
hero member
Activity: 2632
Merit: 649
Seabet.io | Crypto-Casino
According to my personal feelings, the trend is coming to an end, now there will be fashionable metaverses and everything connected with them, and of course the trend with the NFT.As for me, meme tokens are already losing their relevance, since there is nothing but the name there and people are beginning to understand it massively.
jr. member
Activity: 658
Merit: 1
I think it randomly and depends from influencers, they are making trends, so need to pay attention to meme coins this year!
member
Activity: 248
Merit: 13
Futiracoin.com
Meme coins aren't as profitable as in last year if you looking for one to invest into right now do not hold it for too long, watch the development and be ready to sell once a new ATH
sr. member
Activity: 1456
Merit: 251
In every scam of memecoins or other hype coins, the winner will always be the creator and the developers, they could exit anytime without care about the marketcap or the volume, when they had the chance they could do it anytime
The main factor will be big risk if investing in coins that have been pumped up from the hype that is increased by paid promoters, we have reviewed many meme coins thrown away and then paid promoters can't confirm it because they are also not involved in investing in coins that have been promoted.
full member
Activity: 1190
Merit: 111
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

There a lot of meme coins now where I can see has a lot of potentials to give a nice profit in the end. And as long as you made a research about the meme coins and you find out it is a potential one, that means you need to buy a huge of it then hold in the long term depending on how much you are willing to wait, were it could be 1-3 years something like that.
legendary
Activity: 2688
Merit: 1004
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
It's hard to be the first person to make a big profit from a coin that will hype, like a meme coin or a coin to be pumped. So the one who will benefit greatly is the whales himself who already has the plan. Or the paid pump group. Most people like us will lose, but not a few will profitable.
I think that after a very high pump, it will be difficult to expect the next high pump, especially after a dump. for now, i still think that meme coin is still profitable for those who buy at low prices, and sell at high prices. however, it is the same as any other coin. To be honest, nowadays, I hear more about NFT than Meme coin. So, I think that the hype is starting to dim. it's just, I'm pretty sure that there are still people who make a profit on meme coin investments.
sr. member
Activity: 1638
Merit: 255
It's hard to be the first person to make a big profit from a coin that will hype, like a meme coin or a coin to be pumped. So the one who will benefit greatly is the whales himself who already has the plan. Or the paid pump group. Most people like us will lose, but not a few will profitable.
full member
Activity: 2086
Merit: 100
SOL.BIOKRIPT.COM
After Doge several meme coins launched and the majority of them already vanished from the market but it's not like that meme coin can not rise. I believe it depends on the marketing and the community of the coin. Honestly speaking I don't like investing in the meme coins as it is more like gambling. Any coin can make you rich if it pumps crazy because this market is full of uncertainties.
member
Activity: 79
Merit: 31
No investors, even the dumb retail ones, are wishing up to the meme coins and they are looking for passive income and real utility with good tokenomics

My top 3 all have staking or some form of passive income - they are:

$UBT & http://Baseledger.net
Baseline Protocol is set to go mainstream in 2022, their mainnet launches this quarter along with staking and Nodes, also new exchange rumours and so on. Consensys and SAP amongst others are involved. A lot of info will drop before end of Jan about launch etc. Founding council members can be seen on Baseledger.Foundation and more will be joining.

$BLXM http://Bloxmove.com
Reinventing mobility, links to Daimler (think mercedes). Also has an LP mining programme, and single asset staking in Feb. Very strong team backing it and small mcap.

$MOVE http://viaMover.com
Supercharged DeFi Savings 100%+ APY + crypto debit card. Tiny market cap and rumours of big partnership with OlympusDao on the way. Strong pair of founders and a growing team and ecosystem. NFTs, web wallet, mobile wallet and so on. Fiat on and off ramps via IBAN.

newbie
Activity: 14
Merit: 0
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

Holding meme coin is devastating, but shorting it in leverage or futures trading is profitable after
a pump from guys like elon.

Also, there's no point in holding meme coin, as there's no use for it and basically it is a meme.
member
Activity: 222
Merit: 10
We also know that coin memes are sometimes just temporary viral coins, which eventually disappears and the price cycle is unpredictable for us.
If you wait for the memecoin trend to be replaced by another trend, many of them will suffer losses.
So if we do choose meme coins for investment, we shouldn't think about it more carefully because there are still many other altcoins that we can still maintain.

Many people entered the crypto world through meme coins only and many are made profit over meme coins (many lose too) so we can't completely avoid the trend of that coins. But I deduce whenever hype, speculation or trends are ends around these coins it will eventually go down.
member
Activity: 1764
Merit: 10
If you will invest in meme coins from the very beginning, you can get a good profit from this, so you need to try to invest in meme coins at an early stage of listing because investing in meme coins after listing can already lead to a loss of your investments, so I sometimes invest in various meme coins before listing on cryptocurrency exchanges and I get a good profit from this, but investing in meme coins for a long term, of course, I don’t do this because most meme coins simply depreciate in a short period of time and only such top meme coins like Dogecoin and Shiba Inu can bring profit in the future if you want to invest in meme coins for a long term and, of course, investing in any meme coin is a huge risk and we should not forget about it
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Investing in memecoins is pure gambling imho... You can use them to make some trades with small sums, but I don't understand why people are trying to get rich here, with SHIB or FLOKI or some other memecrap  Smiley

I think that these currencies are no longer viable to get rich, I know that there are many people who are investing with the intention of waiting as long as necessary until it gives them good profits, but at the moment how is the market with a clearly bearish trend? It is very difficult, in fact I would not invest because I see it as a very high risk investment. Of course I say this because of Doge's behavior from many years ago, when it was at a very low value, and every 6 months it gave a good pump and then fell to the same level, I think that meme coins will carry that same behavior.


So timing is very important, if you are a type of investors who are willing to take this huge risk buying and holding may bring something to your investment, though meme coins is really high-risk investment, the fact that you as investor is fully aware will give you enough patience to wait and not to rush when market seems not to be friendly with your investment.

Need a very close and deeper research before moving forward, or, better to stay safe and not to do anything. Roll Eyes Grin
legendary
Activity: 2436
Merit: 1853
Leading Crypto Sports Betting & Casino Platform
Investing in memecoins is pure gambling imho... You can use them to make some trades with small sums, but I don't understand why people are trying to get rich here, with SHIB or FLOKI or some other memecrap  Smiley

I think that these currencies are no longer viable to get rich, I know that there are many people who are investing with the intention of waiting as long as necessary until it gives them good profits, but at the moment how is the market with a clearly bearish trend? It is very difficult, in fact I would not invest because I see it as a very high risk investment. Of course I say this because of Doge's behavior from many years ago, when it was at a very low value, and every 6 months it gave a good pump and then fell to the same level, I think that meme coins will carry that same behavior.

member
Activity: 924
Merit: 15
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

If you are on time to invest in meme coin, it will surely give you higher profit but too risky. We don't know what will happen in the future but I think meme coin will not disappear in crypto space. A lot of people still investing in meme coins despite of  no real use case.
I think things like this are getting back into momentum.
Many people are trapped in meme coins like dog coins where they don't have basic TA in TA but just jump right in without caring about anything.
this is certainly very risky and indeed possible in a coin like this level of risk like this is something that is reasonable.
but on the other hand we also have to be able to see and when we are profitable we immediately sell quickly because coins like this are not very suitable for the long term.
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