New way to fight against inflation the wealth storage - page 3.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: Fullbear2222 on August 19, 2024, 02:27:41 AM

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.

Lol! Memecoins are created by ponzi scammers in most cases and 99.99% of them are fraud. In good conscience, memecoins should not be touched unless you have decided to gamble with your money.

Also memecoins are extremely dengerous for holding. These coins are not meant to stay for long time. If you are unable to pull out at the right time, you are highly likely to loose money every single time.

hyudien

hero member

Activity: 2198

Merit: 607

Leading Crypto Sports Betting & Casino Platform

Quote from: Fullbear2222 on August 19, 2024, 02:27:41 AM

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.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: Fullbear2222 on August 19, 2024, 02:27:41 AM

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.

Even bitcoin, an asset considered the best in the cryptocurrency market, cannot fulfill the role of inflation hedge. So the rest of the market is not worth discussing or considering for use as an inflation hedge. This is a bullshit idea.

Personally, I don't deny that memes have become a part of the cryptocurrency industry and there are also great memes to consider investing in like Doge. But in the end, they are only suitable for speculation, beyond that they will not be able to do anything better for us. If you are looking for an asset with utility, clear use cases, you will not find another asset more suitable than bitcoin.

Zlantann

legendary

Activity: 1064

Merit: 1101

Quote from: Fullbear2222 on August 19, 2024, 02:27:41 AM

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.

How would you be able to determine that these meme coins are dependable? How will you know that the project has a strong team and community because they can be faked? Many of these coins end up becoming worthless, so keeping them for a long time is a great risk. Most traders buy and dump these coins within a short period. If you want to consider a crypto that has a track record of being a store of value, Bitcoin should be at the top of the list.

Quote from: Charles-Tim on August 19, 2024, 03:12:48 AM

To be using the coins that are supposed to be used for gambling as hedge against inflation? That is what your post is all about. To post some misinformation.

People just come up with information without backing them with relevant facts. He should have given us an example of a meme coin that has proved to be a good hedge against inflation. That's why we should always conduct research before accepting any information.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

To be using the coins that are supposed to be used for gambling as hedge against inflation? That is what your post is all about. To post some misinformation.

The market is not yet a severe bear market but you can see how to meme coins has been falling. When the bear market comes, more people will realize that if they use meme coin for their hedge hedge against inflation, it would be a regret for them because the meme coin would have become a means for wealth losses.

Solosanz

hero member

Activity: 952

Merit: 662

It's not a new way, instead it's a stupid way.

When you're use an asset as a store of value, it means you're looking for long term. So far Bitcoin didn't make me disappointed, I already hold Bitcoin for 4 years. So, if you think there are safe meme coins out there, where's the proof you invest most of your money in meme coins and how long you have hold it?

Remember, I'm not responsible if you're in loss.

Fullbear2222

member

Activity: 479

Merit: 11

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.

Topic: New way to fight against inflation the wealth storage - page 3. (Read 477 times)