This time for meme coin? - page 11. | Bitcointalksearch.org

GreatArkansas

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I think it is really risky for investing in meme coin. However, there are many fastidious investors who buy meme coin because of the possibility of getting rich very quickly. Besides, a lot of meme coins can be purchased with a small amount of money and if a big hype is created, then more profit is available.

In short, high risk, high reward.
Most of the meme coins right now are scams and only for hype. The best example for me is Shiba Inu, after the hype, Shiba Inu started to dump.

The only remains calm and still on top is the king of meme coin; dogecoin.
So for me, Dogecoin is a must memecoin you should have on your portfolio.

Japinat

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Quote from: barhavsky on August 05, 2023, 05:26:22 PM

Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

if in my opinion meme coin is an altcoin that is not suitable for long term investment, because it is too risky and of course not all meme coin prices will go up if there is a bull market, so I have never been interested and suggest to investing in meme coin for the long term, but you can invest in meme coin when it's hype and sell it immediately when you get profit.

never hold for a long term, because you can lose your money.

But it's somehow challenging to know when is the right time to ride the hype because meme coins are much more volatile and can move in a way that is very unpredictable which takes us again to the reason why meme coins aren't really that type of coins that are advisable to invest with. Yes, it can give you profits in just a short time but you can never know when will it move and so I suppose that if you're that investor that is eager to invest in such coins then I suggest that you approach it with extreme caution.

Xal0lex

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Quote from: JahriMeayer on August 05, 2023, 04:44:44 AM

Highly risky. Cause memecoin doesn’t need any valid future concept or whitepaper. You wont know anything based on Its fundamental. What you can is just speculation. This year doge shiba pump a lot and pepe memecoin able to made the craze among People. So now Most of memecoin will launch daily and lots of People will buy those as if they'll be million and will be scammed at the end. Thus scammers will scam a big amount from people which is very bad for crypto industry but can't stop anyone from investing their fund, right but we can discuss to teach them to avoid such upcoing memecoins

I have not seen any pumping of DOGE and SHIB this year. On the contrary, these meme coins are showing complete stagnation and loss of interest among investors. I can understand why this is happening. These coins have already made a significant amount of profit and it's hard to pump them by hundreds of percent, it's easier to launch new meme coins and extract tens of thousands of percent on the hype. Hence the conclusion that it is not worth investing in old meme coins, they have already fulfilled their function.

iv4n

legendary

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Quote from: cute nmp on August 06, 2023, 09:20:43 AM

Note a fan of meme coins at all ,Don't think they have any good use case they are just about pump and dumb. The ones that buy them early before others usually make good profits and the ones that buy them at high price usually ends up loosing money so in general they are very risky one need to be very careful investing in them to avoid loosing money.

Well, over time I started liking Doge for example... everything you said is true for most meme coins, but I think that some of them are here to stay like Doge. And we will probably see them going up and down in the future. I simply can't forget how Doge exploded because one rich/powerful man decided to push it a bit. I think it will happen again, maybe "the man" and "meme coin" will not be the same, but we saw it's possible and how things develop in such cases.

cute nmp

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Note a fan of meme coins at all ,Don't think they have any good use case they are just about pump and dumb. The ones that buy them early before others usually make good profits and the ones that buy them at high price usually ends up loosing money so in general they are very risky one need to be very careful investing in them to avoid loosing money.

Blitzboy

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Quote from: maydna on August 05, 2023, 11:51:51 AM

Quote from: JahriMeayer on August 05, 2023, 04:44:44 AM

Highly risky. Cause memecoin doesn’t need any valid future concept or whitepaper. You wont know anything based on Its fundamental. What you can is just speculation. This year doge shiba pump a lot and pepe memecoin able to made the craze among People. So now Most of memecoin will launch daily and lots of People will buy those as if they'll be million and will be scammed at the end. Thus scammers will scam a big amount from people which is very bad for crypto industry but can't stop anyone from investing their fund, right but we can discuss to teach them to avoid such upcoing memecoins

No one knows whether this is the time for meme coins to increase again or whether meme coins will sink and not have time to increase. Everything can happen amid uncertainty like now, and we can only analyze the existing coins or tokens one by one in the hope of finding hidden gems that can provide big profits. And if it really is a meme coin, we have to look for it because, with so many meme coins nowadays, I doubt it will be easy, especially since so many scammers are ready to take our money if we buy the wrong meme coin. It's better for you to look for other coins that have more potential to rise higher than buying meme coins. But if you still want to invest your money in meme coins, I suggest not using too much money to avoid big losses.

You're right. How people feel about meme currencies can affect their value. A wild ride. The only exception is Dogecoin, as you indicated. Remember the joke coin that began it all? That's unique, right? Somewhat different or similar. Game objective is to uncover secret jewels. Grab them and don't let go! It's jungle out there. There are numerous humorous coins but not enough time. Stealthy persons should be avoided. Prepare to assault. They'll take that money without being seen. Staying with what you know is great, but if you want to try something new, like investing in meme coins, thats fine. Avoid overstepping. Be wise and secure. But remember, Dogecoin, that's where it's at

barhavsky

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Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

if in my opinion meme coin is an altcoin that is not suitable for long term investment, because it is too risky and of course not all meme coin prices will go up if there is a bull market, so I have never been interested and suggest to investing in meme coin for the long term, but you can invest in meme coin when it's hype and sell it immediately when you get profit.

never hold for a long term, because you can lose your money.

Oneandpure

sr. member

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Quote from: RewFrew on August 05, 2023, 12:14:16 PM

I am little bit confused about meme coin future. But it is also true some meme coin doing well. And has been established in cryptocurrency market. Like Doge coin, Shib coin etc. Now a days this meme coin created good position on coin market. So near future meme coin will play good role i strongly believe it. So if anyone invest on meme coin in this bear market he will get big profit i think. Now best time to buy meme coin. I think within short time cryptocurrency market will go in bull session. When bull session will come then meme coin price will increase speedily. Who will invest on meme coin he will be huge profited there has no doubt i think. I also invest on meme coin.

I'm not really focused on the development of some meme coins, even almost 80% of my portfolio is in the top 10 coins in the market cap and not so interesting with meme coins. But I like with several meme coins like Doge coin and Shib are getting up today more than 10%, for other meme coins when listing on the market I am not really excited for investing again after several times failed to earn profit with meme coins.

Quote from: RewFrew on August 05, 2023, 12:14:16 PM

I bought $300 doge coin in low price. I want to sell it minimum 3x to 4x profit. And it will be happen i think. So i am hardly holding and waiting for bull session.

I don't think bad with $300 investment in Doge coin and realistic with your target reach up 3x to 4x profit for selling, actually has second or several chance for Doge coins raise to higher price again but depending with Elon Musk make new tweet or he wants promote Doge coins in the future.

RewFrew

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I am little bit confused about meme coins future. But it is also true some meme coin doing well. And has been established in cryptocurrency market. Like Doge coin, Shib coin etc. Now a days this meme coin created good position on coin market. So near future meme coin will play good role i strongly believe it. So if anyone invest on meme coin in this bear market he will get big profit i think. Now best time to buy meme coin. I think within short time cryptocurrency market will go in bull session. When bull session will come then meme coin price will increase speedily. Who will invest on meme coin he will be huge profited there has no doubt i think. I also invest on meme coin. I bought $300 doge coin in low price. I want to sell it minimum 3x to 4x profit. And it will be happen i think. So i am hardly holding and waiting for bull session.

maydna

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Quote from: JahriMeayer on August 05, 2023, 04:44:44 AM

Highly risky. Cause memecoin doesn’t need any valid future concept or whitepaper. You wont know anything based on Its fundamental. What you can is just speculation. This year doge shiba pump a lot and pepe memecoin able to made the craze among People. So now Most of memecoin will launch daily and lots of People will buy those as if they'll be million and will be scammed at the end. Thus scammers will scam a big amount from people which is very bad for crypto industry but can't stop anyone from investing their fund, right but we can discuss to teach them to avoid such upcoing memecoins

No one knows whether this is the time for meme coins to increase again or whether meme coins will sink and not have time to increase. Everything can happen amid uncertainty like now, and we can only analyze the existing coins or tokens one by one in the hope of finding hidden gems that can provide big profits. And if it really is a meme coin, we have to look for it because, with so many meme coins nowadays, I doubt it will be easy, especially since so many scammers are ready to take our money if we buy the wrong meme coin. It's better for you to look for other coins that have more potential to rise higher than buying meme coins. But if you still want to invest your money in meme coins, I suggest not using too much money to avoid big losses.

JahriMeayer

sr. member

Activity: 1115

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Highly risky. Cause memecoin doesn’t need any valid future concept or whitepaper. You wont know anything based on Its fundamental. What you can is just speculation. This year doge shiba pump a lot and pepe memecoin able to made the craze among People. So now Most of memecoin will launch daily and lots of People will buy those as if they'll be million and will be scammed at the end. Thus scammers will scam a big amount from people which is very bad for crypto industry but can't stop anyone from investing their fund, right but we can discuss to teach them to avoid such upcoing memecoins

Silberman

legendary

Activity: 2716

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Quote from: tsaroz on July 23, 2023, 10:30:30 AM

Meme are the riskiest bet on crypto. They don't hold any intrinsic value but their price is determined by the hype and participation. 99% of meme coins fails. So, jumping in each of them would be a loss. Even for those 1% success, most of them are short lived.
But in a bull market, there are higher chances for a lot of the meme coins to yield a good profit (before being wothless). So, they could be a good investment if we are able to select the better among the worst.

Meme coins are indeed a very risky bet, now the possible ROI could be increased if those that could not stop themselves from investing in those coins at least waited until the bull market came, after all since meme coins depend on hype alone, what better time there is to invest in those coins than when the hype is at its highest level? But despite such simple logic we are seeing many newbies investing in those coins now, and the lack of hype only increases the chances for their investment to go horribly wrong.

fullhdpixel

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Quote from: |MINER| on July 22, 2023, 01:31:20 PM

Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

There was a time I also investment some good fund of mine and after the result of it that itself made me stay away or avoid it. So all think are happened for only risk so I think you already understand that's how much it risky. So currently I always suggest everyone to avoid it and not to invest in meme coin , it will save their fund. Even then anyone want a invest on meme coin and wanna be quick reach in short time you can lose your fund. I also don't say that meme coin always bring to face losses because many have earn a big amount of profit by it. And for this I will say that invest in it small amount like $10.

And what's wise about some of the developers of these meme coins who know that their token won't earn any value and is going to die, is they simply don't accept small investments and asks their investors to start from at least $50 as an initial investment when there is a token sale or something, they do this so that people don't buy with small amounts and they can get a lot of money since most people are crazy about meme coins after some of them got successful.

The reality is, you can't get rich through meme coins even if you are investing $10 in each one of them, you will simply lose your money in the long run because none of these meme coins are going to gain significant success through community hype and investments because it requires heavy promotions and advertisements.

isaac_clarke22

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Quote from: GreatArkansas on July 20, 2023, 01:52:36 AM

Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

I can relate to what I experienced last 2017-2018 bull run were everything is just pumping, even shitcoins or any random coins, but before meme coin projects are still not popular but I can relate to this.
When once bull runs, expect that everything will pump and the market is extremely volatile.
For me, if you are looking for a meme coin to invest in for the next bull run. I really suggest to start with Dogecoin because Dogecoin is original meme coin and every bull run, Dogecoin is also making its own run.

Yeah can relate as well. It has been like that although I never had the thought of investing to meme coins anymore after finding out the reality of the market these days. I am not hating on those people who had the legitimate reason to invest in meme coins, it's just that it's not my cup of tea at all plus I am a long-term investor and I might not catch up to these short-term gains coming from meme coins.

Quote from: tsaroz on July 23, 2023, 10:30:30 AM

Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Meme are the riskiest bet on crypto. They don't hold any intrinsic value but their price is determined by the hype and participation. 99% of meme coins fails. So, jumping in each of them would be a loss. Even for those 1% success, most of them are short lived.
But in a bull market, there are higher chances for a lot of the meme coins to yield a good profit (before being wothless). So, they could be a good investment if we are able to select the better among the worst.

Not really the riskiest since they still had the potential exposure to the public. Shitcoins that are purely just new to the market yields the riskiest though.

tsaroz

legendary

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Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Meme are the riskiest bet on crypto. They don't hold any intrinsic value but their price is determined by the hype and participation. 99% of meme coins fails. So, jumping in each of them would be a loss. Even for those 1% success, most of them are short lived.
But in a bull market, there are higher chances for a lot of the meme coins to yield a good profit (before being wothless). So, they could be a good investment if we are able to select the better among the worst.

bastian466

sr. member

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No need to expect more from coin memes even though the number is increasing, when one hype is emerging it's not strange if many similar projects appear it's the act of fraudsters who take advantage of the peaking hype

so98nn

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Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

That is perfect gambling and nothing more. I don't know, but meme coins are not easy to invest but they are a way to lose your money swiftly. Have you seen the rush to buy and immediately sell these coins? First they don't have much of the price so you have to buy millions of coins. Secondly due to less value they take ages to pump to a good profit and well what to say about losses, you get more since they are viable to drop more quicker than they pump. Moreover they are also way to manipulate the peeps. Many signaling and pumping group target these type of coins. This creates a false impression with the market and new investors. They think it's pumping for a reason but somehow it's just fake. I would stay away from them. If I have full confidence then I might trade one in hundred.

Questat

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Quote from: radjie on July 22, 2023, 06:46:23 PM

Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Of course it is very risky, Coin memes are very easily controlled by a community and its price movements can easily be affected by the amount of talk people have about social media. However, even though it is risky, some traders actually try their luck by buying at relatively low prices and reselling it when there is Fomo or certain sentiments.
Behind all of this, of course, there are advantages and disadvantages, because some like it and some even avoid not investing in it at all

Generally, that will depend on your call and market discretion. Those who love it and have the courage to invest these meme coins don't have any worries at all but for those who see this as nothing like a shitcoins, they surely don't spend any amount on it.

I consider this as a risky investment but I don't stop people from buying them because that was their decision. And whether they are aware of the risk or not, that is for them now. Some people are earning a profit from them and some also are not, that was the reality.

vitya1982

newbie

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It's absolutely risky, 90% of them or even more will fail before the bull run comes. And those that will survive won't affect it, they'll be affected by it.

radjie

sr. member

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Quote from: Jocuserious on July 16, 2023, 11:45:28 AM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Of course it is very risky, Coin memes are very easily controlled by a community and its price movements can easily be affected by the amount of talk people have about social media. However, even though it is risky, some traders actually try their luck by buying at relatively low prices and reselling it when there is Fomo or certain sentiments.
Behind all of this, of course, there are advantages and disadvantages, because some like it and some even avoid not investing in it at all

Topic: This time for meme coin? - page 11. (Read 2494 times)