Meme coins may have strong communities and decent trading volume, but they are highly speculative and volatile. Different from the fiat settlements of commodities such as oil, meme coins rely deeply on social media trends and market sentiments, which makes them really very unpredictable. Though some projects try to build long-term value, most meme coins fall under the aftereffects of pump-and-dump schemes that make them unsuitable for storing wealth.
Without huge liquid supplies, the very notion of meme coins acting as inflation hedge or developing a mechanism to buy panic sellers' orders is a bit unrealistic. Prices will suffer an onslaught of market forces at any moment, and there is nothing strange in panic selling, which is usual when dealing with volatile assets. Although it's possible to have short-term gains on this, always be careful and do not regard meme coins as stable, long-term investment opportunities.
Topic: New way to fight against inflation the wealth storage - page 2. (Read 462 times)
Wanting to fight inflation with meme coins is not a good strategy. Because meme coins have very high risks, meme coins do not have strong fundamentals for the future, this is just a coin for fun. So be wise in making decisions. I am also a crypto holder but the biggest weight is in btc, and eth if you really want to fight inflation. On the other hand, prioritize coins with strong fundamentals, at least top altcoins.
If you want to trade meme coins, that's not wrong either, make sure you use cold money and the entry and exit times must be right. If you don't have the skills, it's better to avoid meme coins. Because the right way to get rich is to work hard to increase income and invest in healthy growth assets and fomo is a source of loss.
In recent time, we have too many shit ideas from the peoples those are trying to hype about meme coins because they are having paid for this just because of these ideas we have too many newbies are involved in them and losing their money instead of fighting against inflation they are creating more problems and peoples are having discomfort just because of this as well usually peoples those are having no skills and try to have quick profit enter in this system then after losing money having different vies and crying.If you want to trade meme coins, that's not wrong either, make sure you use cold money and the entry and exit times must be right. If you don't have the skills, it's better to avoid meme coins. Because the right way to get rich is to work hard to increase income and invest in healthy growth assets and fomo is a source of loss.
Best thing is just tried to avoid things which are never been ideal and have huge risk factor because this is the best option even we need to understand bitcoin related fundamental because in long run it's going to be work better for peoples, and they can feel much better with the use of bitcoin instead of meme coins.
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So far, given bitcoin's volatility, it is not a store of value or inflation hedge, but is more suited as an investment. But this may change in the future as bitcoin becomes bigger and more secure.
So far, given bitcoin's volatility, it is not a store of value or inflation hedge, but is more suited as an investment. But this may change in the future as bitcoin becomes bigger and more secure.
True. Bitcoin's real journey is only starting. Gold has been around since the beginning. Long before Jesus gold was around and people were using it as money. At the moment its market cap is a bit more than 10 times of bitcoin's marketcap if I am not wrong. (I don't have the recent data on this)
We still don't know how bitcoin will react to certain big events which you mentioned so I wouldn't rely on bitcoin or any other crypto too much. Have some but don't go too crazy.
Gold's capitalization has increased significantly in recent months, even surpassing $17 trillion while bitcoin is just over $1 trillion. There is a huge gap between gold and bitcoin, which can be seen as a disadvantage but also an advantage because it shows that bitcoin's growth potential is still huge but there will be risks.
Bitcoin is not yet a hedge against inflation, a store of value or a safe haven, people are just hyping it up unnecessarily. It cannot even play any role in the economic development of a country as recent topics have been discussed. It's too early to say anything about bitcoin.
https://companiesmarketcap.com/assets-by-market-cap/
True. Bitcoin's real journey is only starting. Gold has been around since the beginning. Long before Jesus gold was around and people were using it as money. At the moment its market cap is a bit more than 10 times of bitcoin's marketcap if I am not wrong. (I don't have the recent data on this)
We still don't know how bitcoin will react to certain big events which you mentioned so I wouldn't rely on bitcoin or any other crypto too much. Have some but don't go too crazy.
Yes, that's right, bro, we shouldn't depend 100% on bitcoin, because so far the price of bitcoin continues to soar, but it doesn't guarantee that bitcoin will continue to grow rapidly like it is now. Having shares in bitcoin is also important for us, and other shares must also we have, such as a plot of land, jewelry in the form of gold, and other property, where we have savings not in one place, we have to divide them in various places so that we can guarantee our assets in the future, for now having assets in bitcoin is very profitable for us where the price is still stable at the highest level, so not all of our assets have to be saved in Bitcoin, we can still invest in various other places to ensure the stability of our assets and savings. We still don't know how bitcoin will react to certain big events which you mentioned so I wouldn't rely on bitcoin or any other crypto too much. Have some but don't go too crazy.
Bitcoin did great during the last few years too but bitcoin started from zero and it has been only 15 years or something since its release. Meaning, we don’t have enough data.
So far, given bitcoin's volatility, it is not a store of value or inflation hedge, but is more suited as an investment. But this may change in the future as bitcoin becomes bigger and more secure.
True. Bitcoin's real journey is only starting. Gold has been around since the beginning. Long before Jesus gold was around and people were using it as money. At the moment its market cap is a bit more than 10 times of bitcoin's marketcap if I am not wrong. (I don't have the recent data on this)
We still don't know how bitcoin will react to certain big events which you mentioned so I wouldn't rely on bitcoin or any other crypto too much. Have some but don't go too crazy.
Bitcoin did great during the last few years too but bitcoin started from zero and it has been only 15 years or something since its release. Meaning, we don’t have enough data.
So far, given bitcoin's volatility, it is not a store of value or inflation hedge, but is more suited as an investment. But this may change in the future as bitcoin becomes bigger and more secure.
Historically the best way to fight inflation is either gold or dividend paying defensive stocks. (You can have both too of course)
Bitcoin did great during the last few years too but bitcoin started from zero and it has been only 15 years or something since its release. Meaning, we don’t have enough data.
You mentioned meme coins as an inflation hedge though and I find it pretty absurd if you really mean what you said. Memecoins are only for speculation. Doge is the best one among all and it still has no supply cap. I don’t see it becoming an inflation hedge. I would rather go with btc.
Bitcoin did great during the last few years too but bitcoin started from zero and it has been only 15 years or something since its release. Meaning, we don’t have enough data.
You mentioned meme coins as an inflation hedge though and I find it pretty absurd if you really mean what you said. Memecoins are only for speculation. Doge is the best one among all and it still has no supply cap. I don’t see it becoming an inflation hedge. I would rather go with btc.
Wanting to fight inflation with meme coins is not a good strategy. Because meme coins have very high risks, meme coins do not have strong fundamentals for the future, this is just a coin for fun. So be wise in making decisions. I am also a crypto holder but the biggest weight is in btc, and eth if you really want to fight inflation. On the other hand, prioritize coins with strong fundamentals, at least top altcoins.
If you want to trade meme coins, that's not wrong either, make sure you use cold money and the entry and exit times must be right. If you don't have the skills, it's better to avoid meme coins. Because the right way to get rich is to work hard to increase income and invest in healthy growth assets and fomo is a source of loss.
If you want to trade meme coins, that's not wrong either, make sure you use cold money and the entry and exit times must be right. If you don't have the skills, it's better to avoid meme coins. Because the right way to get rich is to work hard to increase income and invest in healthy growth assets and fomo is a source of loss.
Fighting Inflation with memecoins? 
You don't realize that at the end of the day why this is said to be a memecoin is that it's just a joke coin so by you saying that memecoins will fight inflation obviously makes it seem even more ridiculous because you think that you will get rich and be able to fight inflation with a joke lol.
Come on, buddy I know we are in a difficult condition especially with the economy that is currently uncertain but in the end we don't have to be stupid and too hasty in deciding something especially if this relates to the money you have because in the end if you do this without careful thought you can be sure before inflation starts to get worse you have lost your money first.
You don't realize that at the end of the day why this is said to be a memecoin is that it's just a joke coin so by you saying that memecoins will fight inflation obviously makes it seem even more ridiculous because you think that you will get rich and be able to fight inflation with a joke lol.
Come on, buddy I know we are in a difficult condition especially with the economy that is currently uncertain but in the end we don't have to be stupid and too hasty in deciding something especially if this relates to the money you have because in the end if you do this without careful thought you can be sure before inflation starts to get worse you have lost your money first.
The good meme coin with decent volume of traders the good team strong Community and good coinnomics stats.
Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
I hope you are not leading Newbies who have the intention of starting to invest in Cryptocurrency into a deep abyss. You talk about how to fight inflation, then why choose a coin that is very easy to control by developers and also its community, Meme coins are not suitable for long-term investment because their fundamentals are still very weak and their prices are very easy to manipulate. Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
Forget about useless Meme coins, let's talk about Bitcoin as the only leading asset that can be relied on to fight inflation. Just try to invest in Bitcoin for the long term, see what you will experience, I am sure, you will soon forget about useless trash coins.
You're literally storing your wealth for the sake of fighting against inflation in the most shittiest coin ever just second to scam coin 
.
this is not a good idea at all and there are many flaws, instead of facing against inflation where it will crush 4%-5% of your wealth every year, you gonna face rugpull that will crush 100% of your investment in just matter of month.
to be fair speaking about some of the best meme coin out there like doge maybe it can be used for wealth storage, but even doge is -85% below its ATH in just 3 years, you know its gonna be bad.
.this is not a good idea at all and there are many flaws, instead of facing against inflation where it will crush 4%-5% of your wealth every year, you gonna face rugpull that will crush 100% of your investment in just matter of month.
to be fair speaking about some of the best meme coin out there like doge maybe it can be used for wealth storage, but even doge is -85% below its ATH in just 3 years, you know its gonna be bad.
The good meme coin with decent volume of traders the good team strong Community and good coinnomics stats.
Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
While the idea of using a meme currency as a resource management system is interesting—with decent trading volumes, a stable team, and stable coinomics—it does pose serious difficulties. In themselves, these meme currencies are not particularly unattractive. To the contrary, they can be quite interesting because of the communities they serve and the markets in which they operate, but they are generally so speculative and rather volatile that they endanger long-term wealth management. Even when high-quality coins have market caps up to $1 million, the volatility and liquidity potential of meme coins undermine the former as a solid store of value. Meme currencies might show returns for a short period, but generally, they are unreliable in protecting the assets from inflation. Traditional assets like land, precious metals, or other investment types are generally more stable and better suited for long-term assets. Moreover, it would be quite challenging to build a panic buying strategy in order to protect other holders, and it might not avoid the risks of sudden market fluctuation. All in all, although the meme currency is helpful as a hypothesis, it is unlikely to be something people can rely on for wealth preservation or fighting inflation.
The good meme coin with decent volume of traders the good team strong Community and good coinnomics stats.
Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
This is the most stupid advice I have ever heard. Instead of providing a solution, it will only make others poor. Newbies reading this thread, please be careful and do not swallow it raw, the OP's advice is considered misguided and misleading. Meme coins or shitcoins are garbage that you should not invest in the long term. Store them in Bitcoin if you want to be safe or if you are still not sure, try to learn more about crypto investment.Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
So far, bitcoin has the potential to fight inflation and store wealth. Bitcoin has been proven after going through more than a decade, Bitcoin has experienced and gone through various economic uncertainties, but its price continues to increase every four years. During that time, nothing has harmed or damaged its fundamentals. Every price drop comes from external factors (inflation, war, pandemic, fear, etc.) but the price of bitcoin will not go down. So bitcoin has been tested and proven to be able to fight inflation and world economic uncertainty.
Do you realize what you just said, the way you described is not for storing wealth against inflation, but a way to spend wealth on coins that have no strong fundamentals in the market. Stop this nonsense now, we never believe in any Meme coin, we will only invest in Bitcoin for the long term and use it as a store of wealth against inflation. You are like imagining something uncertain here, what if the meme coin you mean is lost in circulation. Stop leading opinions to unclear meme coins, if you want to save wealth to fight inflation, Bitcoin is the place, not others.
The good meme coin with decent volume of traders the good team strong Community and good coinnomics stats.
Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
Volatility that is too high can actually cause someone to experience a decline in value that exceeds inflation. memecoin is just for speculation only. and not a store of value at all. So it cannot be used as a tool to fight inflation. Gold may be a better store of value in this regard. And if you still want to choose to store assets in crypto then bitcoin is certainly a better choice. But including memecoin in the options I think is not an option at all. Because I will avoid it. Even when I enter memecoin then I would prefer to only enter with small money that is ready if I have to lose. Because it is very high risk. Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
If this meme coin space improve more then it could be best way to store your wealth.
I don't think it is a good idea to store your wealth in meme coins. While there is a trend now with meme coins and this has been happening for years.It's not going to be the same as bitcoin when you treat it as a way to store our wealth. While no one can stop you if that's your trip.
But just saying that it's not a good idea because most of the meme coins are good for short term so, it doesn't makes sense if you think of storing your wealth through it in the long run.
The good meme coin with decent volume of traders the good team strong Community and good coinnomics stats.
Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
I hope you do know that meme coins is just another pump and dump scheme right? And so how can you store your wealth on that kind of crypto? If there will be a good hedge, I would say it's going to be Bitcoin only. It has proven itself during the pandemic and many wealthy people might have put their money on it because they don't want to lose it's value or they wanted to preserved it and even increase it's value in the future. And that's what happens in 2020, and in 2021 we have a bull run and so they are very happy to do it. Rinse and repeat, we are at it again for this year and the next year. Could be like wealth storage there will be buyers always and sellers it's acting like fiat currency wich used for commodities trading like oil gas.
The decent meme project with good stats until Under 1mil+ Marketcap can act like wealth storage against inflation.
If this meme coin space improve more then it could be best way to store your wealth.
There should be system what's keep buying all the panic sellers orders so Because of panic sellers other holders don't suffering.
Interesting thoughts on using memecoin as a hedge against inflation. It is a stupid idea. Even after much debate and analysis, BTC is not considered a hedge against inflation. Memecoins are there because of the hype and once the hype is over they will be wiped out of the market because there is no technology behind the majority of them and they are just cashing out the hype and playing with the people's sentiments. Memecoin investment is risky, and using it as a hedge is like multiplying that risk to infinity.
Meme coins are probably one of the worst options to use as a store of wealth. They have wild price swings, they are extremely volatile. Many of them are rug pulls & you could lose all of your capital. If you wajt a store of value with a great track record then Bitcoin is your best option.
meme coins are literally shouting out that they have no value and are just a joke. also memes are only fashionable for as long as they are trendy, which isnt long, so they are not a 'store' of wealth nor value
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