The Meme Sniping Trend on Raydium and Solana: Let’s Discuss!

doomloop

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Quote from: JeffBrad12 on April 01, 2024, 01:28:16 AM

survivorship bias it is, when someone make a ton from money it gets overblown by many twitter account as if jumping into meme sniping means instant wealth, but its usually just 1 man out of 10000 that makes money the rest are becoming exit liquidity but honestly thats just how it is, its just how the game works, the early bird gets the most and i'm pretty sure anyone dealing with meme coin and sniping meme coin know before hand thats how the game works, people that like speculation gonna favour it over the ones that prefer stability of investment like investing in bitcoin where the profit is almost obvious but of course it took sometime for the price to climb.
but regardless there are indeed many people that make money from meme coin they just don't really want to disclose it.
but yeah its gonna be good if at least some people that make big chunk might share their journey lol, must be hella diamond hand that kind of people having there holding meme coin all the way up to billions market cap.

Investing in BTC is still speculating, although meme coins only had more unsure future than it, so we can rather say that those who look for more adventure will choose a meme coin over Bitcoin. BTC isn't also stable but it was the top altcoins like ETH. We also have stable coins but in order to earn continuous and stable profits with them, we need to stake and lend them.

There might be more earning opportunities than these for a stable coin user. It's better that way that those who make huge sums are not talkative. Not only that it gives them protection but it also makes people less greedy but yes they have a diamond hand and then they also have a good knowledge and skill.

bangjoe

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Quote from: FanEagle on April 08, 2024, 04:06:31 AM

These type of "trends" do not usually last that long, let them have their fun while it is at the peak and surely they made some profit at one time, but I am sure that it is not going to be sustainable and it is going to ruin a lot of peoples finances when they hold it for too long. That's the problem with meme projects, if you want to make a quick buck from them then they could be fine, but if you are thinking about what you are doing and making a mistake then that's a problem as well.

I believe that we should be considering the situation to be a little different, and what we can achieve right now would be making sure that we get out quickly, people who keeps holding long with these tokens end up being the ones that get sad the most.

yes it is only temporary, and in fact today the meme token makes the solana network experience interference, I race it is the impact of the many meme tokens where the basic network is not ready to experience many heavy transactions on meme tokens, quite alarming.

We just need to play smart and choose a coin that has the potential for thousands of times it is very difficult. The thing that can be used on meme coins is to spread the net on newly listed coins with small capital and can return large returns, such as dogewifat, bome, etc. which basically get the attention of the market, but finding a needle in a haystack will be very difficult.
yes if we don't have more courage to lose money on meme tokens it's better to keep quiet and let people have fun and lose money on meme tokens, this is a bad move if we are not prepared.

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Quote from: FanEagle on April 08, 2024, 04:06:31 AM

These type of "trends" do not usually last that long, let them have their fun while it is at the peak and surely they made some profit at one time, but I am sure that it is not going to be sustainable and it is going to ruin a lot of peoples finances when they hold it for too long. That's the problem with meme projects, if you want to make a quick buck from them then they could be fine, but if you are thinking about what you are doing and making a mistake then that's a problem as well.

I believe that we should be considering the situation to be a little different, and what we can achieve right now would be making sure that we get out quickly, people who keeps holding long with these tokens end up being the ones that get sad the most.

To be fair they are so frequent that, if you do not follow the trend forever and just jump trend to trend, then you could do well enough if you ask me. I get that it may not be that great, but we should be considering the option to be something more valuable. Obviously it takes some time to get there, so it is going to be more valuable and given enough time, we could probably see it get a lot better.

I hope to see something changing, which would not be all that easy to handle but could be something that works better for everyone. I believe that we are going to see a lot of changes with enough timing, so all these trend stuff should be something people who are jumping trend to trend to care about, which would make it more valuable.

FanEagle

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These type of "trends" do not usually last that long, let them have their fun while it is at the peak and surely they made some profit at one time, but I am sure that it is not going to be sustainable and it is going to ruin a lot of peoples finances when they hold it for too long. That's the problem with meme projects, if you want to make a quick buck from them then they could be fine, but if you are thinking about what you are doing and making a mistake then that's a problem as well.

I believe that we should be considering the situation to be a little different, and what we can achieve right now would be making sure that we get out quickly, people who keeps holding long with these tokens end up being the ones that get sad the most.

taufik123

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Quote from: justdimin on April 04, 2024, 01:11:22 PM

-snip-
This is why it makes sense for people to go for their own decisions, I believe that if you want to make some money then you need to end up putting in the work for it as well. If yours is doge, then keep at it and I hope that you make as much money as you desire.

Not be influenced by intervention from others because investment is a personal choice and responsibility.
Holding Dogecoin, Memecoin in solana, or any other chain or Bitcoin which is the main coin, it will be profitable if we work hard as you said.

Working hard here is of course how to get a lot of benefits from the selected coins,
such as the hype Solana memecoin and many new memecoins appearing, it can be used to enter early and exit with more profits.

justdimin

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Quote from: gunhell16 on April 04, 2024, 08:42:03 AM

I like what you said, dude, the one about Dogecoin, because it's been tested for me. It may be silent for now while we are facing bull season, but that doesn't mean it's weak.
The beauty of this dogecoin is that there maybe manipulators here but that's fine and it happens most of the time in the other coins as well, but it's okay because for its holders,
I am pretty sure they reap the good harvest in dogecoin in the end or at the right time.

Although there are also many other meme coins in this era that also have the potential to provide profit in the end, You just need to study or learn first before investing in it.

If you do trust dogecoin, you shouldn't let anyone tell you what not to do. I personally would NEVER own even a single dogecoin, but that is my own personal preference and has nothing to do with you, while ı would never own one, I would never tell you not to buy one, because everyone has their own money and they make their own decisions about their own money and we have no power over others money, so me telling you what to do with your money makes no sense at all.

This is why it makes sense for people to go for their own decisions, I believe that if you want to make some money then you need to end up putting in the work for it as well. If yours is doge, then keep at it and I hope that you make as much money as you desire.

gunhell16

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Quote from: lixer on March 19, 2024, 01:12:34 PM

Quote from: deathcode on March 15, 2024, 08:51:39 AM

always place memecoins for the short term. although we don't know the potential of a particular memecoin in the future. but we have to minimize the risk when we want to invest in memecoin. never put more of your money in memecoin. especially when you see something has fallen and you still hope it will come back in the future.
not all memecoins will survive in the long term, and not all will have the same fate as dogecoin.

As you said, Dogecoin is one of the coins who can survive for a long time, meaning it's also possible to invest on them for the long term. They don't just survive alone but they can also pump sometimes because of the bull run, the re-occurring meme trend, and lastly when they are being shilled/manipulated by some entity or person.

When investing, it's indeed that we need to face less risk as much as possible so aside from choosing an established meme coin and hodling them for a long time, we also need to invest only small amounts. It does not mean that we can not earn big anymore upon doing this but of course we still can, also if luck permits other than our efforts and hardworks.

I like what you said, dude, the one about Dogecoin, because it's been tested for me. It may be silent for now while we are facing bull season, but that doesn't mean it's weak.
The beauty of this dogecoin is that there maybe manipulators here but that's fine and it happens most of the time in the other coins as well, but it's okay because for its holders,
I am pretty sure they reap the good harvest in dogecoin in the end or at the right time.

Although there are also many other meme coins in this era that also have the potential to provide profit in the end, You just need to study or learn first before investing in it.

tvplus006

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Quote from: nelson4lov on April 01, 2024, 05:53:33 PM

Congratulations on the receipt of your MEW tokens. I didn't buy the solana mobile due to liquidity issues at the time but from my observations so far, the number of airdropped tokens sent to solana saga phones has since exceeded the initial cost to get the phone. That's the benefit of seeing an opportunity and taking advantage of it. Imo, more projects in the future might want to allocate some of their token supply to saga users as the device/brand (solana mobile) get better and better.

I really need to dive deep into solana ecosystem. Looks like plenty of opportunities abound.

No, the investment has not yet returned in full. Before that, there was another IQ50 airdrop, which I sold for $95. Thus, out of the $450 spent on the purchase of Solana Saga, I managed to return $374. So I am sure that it will be possible to return not only the cost of the phone, but also to get a good profit at the same time.

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Quote from: tvplus006 on April 01, 2024, 05:45:20 PM

Earlier, I pre-ordered an order for Solana Saga and today received an airdrop from an unknown Cat In a Dogs World (MEW) project of 37600 tokens, which were valued at $200 on the market. And I did not wait for the price to increase, because this may not happen, but I also admit that the price of the token may increase many times. Nevertheless, I sold MEW at the current price.

Congratulations on the receipt of your MEW tokens. I didn't buy the solana mobile due to liquidity issues at the time but from my observations so far, the number of airdropped tokens sent to solana saga phones has since exceeded the initial cost to get the phone. That's the benefit of seeing an opportunity and taking advantage of it. Imo, more projects in the future might want to allocate some of their token supply to saga users as the device/brand (solana mobile) get better and better.

I really need to dive deep into solana ecosystem. Looks like plenty of opportunities abound.

tvplus006

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Earlier, I pre-ordered an order for Solana Saga and today received an airdrop from an unknown Cat In a Dogs World (MEW) project of 37600 tokens, which were valued at $200 on the market. And I did not wait for the price to increase, because this may not happen, but I also admit that the price of the token may increase many times. Nevertheless, I sold MEW at the current price.

batang_bitcoin

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Quote from: Awaklara on April 01, 2024, 09:26:16 AM

Quote from: batang_bitcoin on March 31, 2024, 03:59:33 PM

I am seeing this together in the phantom wallet and dextools. Many are sniping memecoins because it's on a trend and they don't mind about usecases anymore. What matters to them is that they're going to make some money out of these new meme coins. And it doesn't have to be long and many are investing a lot of money on it but I don't because I want to be careful as not all of them can pump.

However, not all memecoins can survive and remain on the market. there is a lot that is born but we can see that there is also a lot that is buried.
now maybe memecoins from the Solana network are popular. whether it's from an airdrop or not. but we still have to be careful not to put more of our money there.

You're right, not all memes are going to survive. But what matters today is that there are certain chains where memecoins are supreme and likely to succeed and that's with the solana network.

Quote from: Awaklara on April 01, 2024, 09:26:16 AM

my friend suffered a loss when he didn't qualify for one of the airdrops on the Solana network. and he decides to buy in the market when trading opens. Initially, the progress was good but it was very short then it started to decline.
never be too serious about memecoin.

They are for quick profit and that's why those that are looking into investing to memecoins should be quick as well.

Awaklara

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Quote from: batang_bitcoin on March 31, 2024, 03:59:33 PM

I am seeing this together in the phantom wallet and dextools. Many are sniping memecoins because it's on a trend and they don't mind about usecases anymore. What matters to them is that they're going to make some money out of these new meme coins. And it doesn't have to be long and many are investing a lot of money on it but I don't because I want to be careful as not all of them can pump.

However, not all memecoins can survive and remain on the market. there is a lot that is born but we can see that there is also a lot that is buried.
now maybe memecoins from the Solana network are popular. whether it's from an airdrop or not. but we still have to be careful not to put more of our money there.

my friend suffered a loss when he didn't qualify for one of the airdrops on the Solana network. and he decides to buy in the market when trading opens. Initially, the progress was good but it was very short then it started to decline.
never be too serious about memecoin.

slaman29

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Quote from: JeffBrad12 on April 01, 2024, 01:28:16 AM

Quote from: slaman29 on March 28, 2024, 04:19:07 AM

Or are we just too wise to know that nothing lasts forever, and we are 99% guaranteed to choose the wrong sniping meme

survivorship bias it is, when someone make a ton from money it gets overblown by many twitter account as if jumping into meme sniping means instant wealth, but its usually just 1 man out of 10000 that makes money the rest are becoming exit liquidity but honestly thats just how it is, its just how the game works, the early bird gets the most and i'm pretty sure anyone dealing with meme coin and sniping meme coin know before hand thats how the game works, people that like speculation gonna favour it over the ones that prefer stability of investment like investing in bitcoin where the profit is almost obvious but of course it took sometime for the price to climb.
but regardless there are indeed many people that make money from meme coin they just don't really want to disclose it.
but yeah its gonna be good if at least some people that make big chunk might share their journey lol, must be hella diamond hand that kind of people having there holding meme coin all the way up to billions market cap.

Huff first time I heard about this survivorship bias and looked it up

And perfectly describes how I was thinking too, and obviously the trap that OP has fallen into.

I blame Americans. They put someone up so high on another high ladder and make 100 stories about how he made it all. Nobody talks about where he got his money from, or rather, who has to lose to make him win.

Only when crashes happen and people suicide then suddenly the media talks about them, but by that time it's bear market and everyone is scared anyway.

Forget memecoins man. Even if you get a good one, you'll spend it on the next 20 memecoins. And then bye bye when the bear arrives.

JeffBrad12

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Quote from: slaman29 on March 28, 2024, 04:19:07 AM

So, where all the meme millionaires? I know people keep telling me to get in early and jump on the ship and whatever, but I don't know, is it just me or are we guys who prefer Bitcoin over everything else less inclined to make money like this?

Or are we just too wise to know that nothing lasts forever, and we are 99% guaranteed to choose the wrong sniping meme

survivorship bias it is, when someone make a ton from money it gets overblown by many twitter account as if jumping into meme sniping means instant wealth, but its usually just 1 man out of 10000 that makes money the rest are becoming exit liquidity but honestly thats just how it is, its just how the game works, the early bird gets the most and i'm pretty sure anyone dealing with meme coin and sniping meme coin know before hand thats how the game works, people that like speculation gonna favour it over the ones that prefer stability of investment like investing in bitcoin where the profit is almost obvious but of course it took sometime for the price to climb.
but regardless there are indeed many people that make money from meme coin they just don't really want to disclose it.
but yeah its gonna be good if at least some people that make big chunk might share their journey lol, must be hella diamond hand that kind of people having there holding meme coin all the way up to billions market cap.

adaseb

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I tried to trade a few of the coins on dexscreener back when WIF was pumping and other meme coins like boden were doing great. However every token I bought was either a rug pull or it just went -99%. After like 10 or so, I just gave up.

Basically not for me. Sure those who caught WIF made a killing if they held but many bought tokens which went -99% and gave up trading these meme coins. Maybe there is some strategy but it just isn’t for me.

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Didn't know it had a term to describe it really. I assumed it was just its own thing. Anyway, I've done it a couple of times in the past, but never really made any major profit out of it since all I chose were a bust, nothing new there though. I spent the bare minimum I can get myself to spend it, not much that I'd take a big hit even if I lost it. That's really the only method I'd use to manage risk, unlike other crypto where you'd invest thousands.

And I'd never consider this a long-term thing. The activity itself? May stay for a long time. The trading part? Short term.

batang_bitcoin

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I am seeing this together in the phantom wallet and dextools. Many are sniping memecoins because it's on a trend and they don't mind about usecases anymore. What matters to them is that they're going to make some money out of these new meme coins. And it doesn't have to be long and many are investing a lot of money on it but I don't because I want to be careful as not all of them can pump.

slaman29

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Quote from: bettercrypto on March 28, 2024, 11:58:06 AM

Quote from: slaman29 on March 28, 2024, 04:19:07 AM

So, where all the meme millionaires? I know people keep telling me to get in early and jump on the ship and whatever, but I don't know, is it just me or are we guys who prefer Bitcoin over everything else less inclined to make money like this?

Or are we just too wise to know that nothing lasts forever, and we are 99% guaranteed to choose the wrong sniping meme

You need to be good at hunting potential meme coins, AI coins, altcoins, and others. There are actually people who get rich from meme coins when you find a meme that has potential.

That's why the majority of those are not really potential; you just need to be really good and smart at finding potential meme coins. But if I look at the Solana network and Raydium,
I can see potential meme coins, but they are only a few, although most are not yet.

That's like someone saying you need to be good at roulette to win. Or even be good at slots Wink

A lot of people got rich from memecoins? Can you name 5? For every 1 rich memer I guarantee 1000 losers

I have discussed many times this thing people call 'potential'. Even shit has potential to become art.

bettercrypto

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Quote from: slaman29 on March 28, 2024, 04:19:07 AM

So, where all the meme millionaires? I know people keep telling me to get in early and jump on the ship and whatever, but I don't know, is it just me or are we guys who prefer Bitcoin over everything else less inclined to make money like this?

Or are we just too wise to know that nothing lasts forever, and we are 99% guaranteed to choose the wrong sniping meme

You need to be good at hunting potential meme coins, AI coins, altcoins, and others. There are actually people who get rich from meme coins when you find a meme that has potential.

That's why the majority of those are not really potential; you just need to be really good and smart at finding potential meme coins. But if I look at the Solana network and Raydium,
I can see potential meme coins, but they are only a few, although most are not yet.

slaman29

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So, where all the meme millionaires? I know people keep telling me to get in early and jump on the ship and whatever, but I don't know, is it just me or are we guys who prefer Bitcoin over everything else less inclined to make money like this?

Or are we just too wise to know that nothing lasts forever, and we are 99% guaranteed to choose the wrong sniping meme

Topic: The Meme Sniping Trend on Raydium and Solana: Let’s Discuss! (Read 511 times)