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Topic: This time for meme coin? - page 12. (Read 2485 times)

hero member
Activity: 1022
Merit: 667
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July 22, 2023, 04:14:27 PM
#67
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 on the bull market?
In as much as there will be a hand full of scams in between,  meme coins can still be a means of earning passive profits in the short term base,  this is why we must be careful in our meme coins selection so that we can hold only a few potential ones that can aid our profits rather than lost,  and since there has short term life span we must be smart enough to make the best DCA costing and taking profits along the line instead of waiting for an all-time high that cold become impossible and lead to being caught up in the dump of the coin by the team.

Since most of the time are all aimed toward taking the profits when the investors list expected it,  so for that we need to be prepared at all times to avoid such surprises.
hero member
Activity: 2842
Merit: 772
July 22, 2023, 04:03:56 PM
#66
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!

It's not a question whether it's risky or not, It's always been risky for everyone, even for those who have been for so long and most specially for newbies. Bull run will come, regardless if there is a meme coin uptick.

So for me, it's better to just stay away from meme coins because we really know what the intentions of the developer behind. But I guess no one can stop them from creating a new one, and then hyping it so that many investors will go at it. But for others like me, we don't want to complicate things so we don't invest on meme coins, simply as that.
legendary
Activity: 3080
Merit: 1353
July 22, 2023, 04:00:06 PM
#65
You probably know that almost all new meme projects are coming out now. Do you think it is really risky?

It's just about time that they are coming out because we are about to hit a bull run. Risky? of course they are, how can a coin jump from 0 to hundreds in just matter of hours and then go back down? So if you don't know how it works then you might get caught up and be trap inside and can't get out.

what effect do you think this could have for the bull market!

It's 50/50, others might just play around and pour their money, specially those who have experience already. But for those, yeah, same invest their hard earn money, but if they don't know when to get out, then they will lose here. So it's beneficial for the market int the bull run as it will push the market, but there could be consequences for those who are inexperienced.
hero member
Activity: 3010
Merit: 666
July 22, 2023, 03:50:58 PM
#64
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!
It was too risky, indeed but we are in the crypto space, those who can afford to take risks may invest in meme coins and besides, we can make money from them as well. However, if we think the hype they've made could affect the entire marker during the bull season, I couldn't say no but it was huge enough to become a reason, yet it only contributed less.

Anyways, I believe that this year 2023 seems to be the year for meme coins. They are dragging more attention and crypto investors but yeah, we can't be sure what will happen them next year and in the coming years.
member
Activity: 476
Merit: 12
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July 22, 2023, 03:17:01 PM
#63
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.
Investments in memecoin are a one-time share, i.e. they can be realized once for some selected coin. For another memecoin, such a feint will not work, because it will lead to the collapse of investments. I believe that you should not pay attention to memecoins. It's better to focus on the stables.
sr. member
Activity: 1274
Merit: 457
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July 22, 2023, 01:31:20 PM
#62
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.
sr. member
Activity: 2282
Merit: 439
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July 22, 2023, 01:31:12 PM
#61
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 to invest in meme coin and I don't think all meme coin will increase very high during a bull market, so I suggest you don't invest all your money in meme coin, because there is a possibility that your money will be lost it can really happen, therefore if you want to invest in meme coin, then you can invest a maximum of 20% of your portfolio and I advise you to invest in meme coin which are popular and have high trading volume (my recommendation is Dogecoin).
20% of portfolio is too much honestly it should be less than that, even 5% is already too much, we're talking about investment that could just vanish into thin air with the changing of market here.
only invest maybe $5 to $10 in initial stage of meme coin then its worth it, that with a big if, thats if the meme coin itself succeeds.

In that regard we have the same approach when it comes to investing in meme coins. The only thing I do for each meme coin is that I only use 10-15$ as capital here, after holding for long-term I can sell it when I see if its value has really increased.

Because, I still can't hide and deny that the risk is still really high when we invest here. But of course we still need to check and research it so that somehow we can still find it beneficial in the future even if we only use a small capital amount here.
I think mem-coins is a real casino. These coins are released every day and it has become a lot. Of course 10-15 dollars is not a pity, but the probability that the price will start to grow after the coin is listed is very small. Usually after listing the price starts to fall. When do you buy such coins?
staff
Activity: 2436
Merit: 2347
July 22, 2023, 01:14:41 PM
#60
~snipped~

Coin categories such as memcoins will always appear in huge quantities, regardless of the approaching halving, market trend, or the presence of any particular altcoin season or season of any particular coins. It's all about the very nature of memcoins.
Yes, I know memecoins are not stressful to create and push to the market. However, the point I made there is that there's often a mad demand for them during a bull season because of their cheap prices. Noob investors would mistake these low prices and their low market cap for an indication that there's more room for growth and then buy in. During bear season most investors are meticulous as they're disgruntled investing. Every cent counts during a bear season. Investors are more skeptical and careful during a bear season than they're during a bull season.

Everything grows during bull seasons. At this time, any shitcoin with zero value instantly becomes liquids. During such periods, developers try to create as many projects as possible to try to gather as much liquidity as possible. Bear season just clears such an influx of new projects, leaving alive only those that have some value and real demand, without the market's hype effect. This is how 99% of NFT collections disappeared from the market. They were created at the peak of the hype and people tend to buy everything for any money at such a time.
hero member
Activity: 2408
Merit: 584
July 22, 2023, 05:09:23 AM
#59
The last memecoin I remember was PEPE, which had a hard fork and was left by the main developer and a lot of drama that makes anyone think seriously before investing in such an investment. Therefore, the success of these currencies was due to Elon Musk's tweets. Whenever that person returns to tweet, it is an opportunity to make quick gains, but the question is when will he return again to talk about it and is it worth investing or is it waiting for something to happen that may not happen.
Yes, this was the latest meme coin that are in hype but I didn't knew that it undergo in a hard fork. Usually, the main coins only have it but even this happens, it won't still have a big impact on the meme coin. As for the developer abandoning the project, that was already expected for the meme coins.

For what is the reason to stay any longer when they already get what they want? They knew that they can't magnet much people anymore. Now they might be planning on creating a new meme coin and hope that it will also burst like their other meme projects. The success of Pepe and other meme coins are not dependent on Elon but the only meme coin that mostly rely on Elon is Dogecoin.
hero member
Activity: 1666
Merit: 453
July 22, 2023, 12:55:28 AM
#58
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 to invest in meme coin and I don't think all meme coin will increase very high during a bull market, so I suggest you don't invest all your money in meme coin, because there is a possibility that your money will be lost it can really happen, therefore if you want to invest in meme coin, then you can invest a maximum of 20% of your portfolio and I advise you to invest in meme coin which are popular and have high trading volume (my recommendation is Dogecoin).
20% of portfolio is too much honestly it should be less than that, even 5% is already too much, we're talking about investment that could just vanish into thin air with the changing of market here.
only invest maybe $5 to $10 in initial stage of meme coin then its worth it, that with a big if, thats if the meme coin itself succeeds.

In that regard we have the same approach when it comes to investing in meme coins. The only thing I do for each meme coin is that I only use 10-15$ as capital here, after holding for long-term I can sell it when I see if its value has really increased.

Because, I still can't hide and deny that the risk is still really high when we invest here. But of course we still need to check and research it so that somehow we can still find it beneficial in the future even if we only use a small capital amount here.
jr. member
Activity: 742
Merit: 1
July 21, 2023, 01:31:02 PM
#57
The meme coins are too risky for traders. Because the users have the intention of long term, they can't take risks on meme coins, they don't have that much utility as compared to the altcoin. And secondly, the manipulation is very fast in meme coins with some up and downs.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 21, 2023, 12:40:59 PM
#56
Risk is the meme coin's middle name.  Cheesy
Just remember the word "meme" and it will get you back to the real world. Think about the possibility of being dumped all of a sudden. Whale manipulation or just a friggin dump because it ends a scam. Holes that will be identified that could lead to FUD. Lots of different reasons why meme coins are high-risk coins. I do believe you don't like to be in a position where stress comes to you thinking about how you will recover from all the losses that will happen. You better be ready for that if you are so sure about buying this type of coin.
The chances of making profits are also low so why should you invest in it? While Bitcoin and other top coins are just out there making money for those who trust them. I think I will stick with that strategy.

Manipulation is something that you already expecting when you invest with meme project, for sure those who are riding on this kind of investment are people who mostly treat trading as gambling, the bigger you risk the bigger profits you may expect, but in reality, that big amount of risk is also the same amount of regret when you are facing that mistake.

When everything didn't go according to how you anticipate and you got stuck from a huge dumping momentum, nothing you can do but to regret in riding with the temporary hypes of a meme project.


Well it can be manipulated especially for the people with influence, they can make a single meme coin to have a temporary hype and sell all their holdings and run. We've seen this on NFT projects and other coins last bull market when the time that influencers starts flocking cryptocurrency to have partnerships and projects they can easily money milk. The one who are really at loss on meme coins are the newbies who got stucked in it until the value depletes. This is why I never suggest meme coins to any newbies that didn't know how the meme market works.

Precisely! When an influencer start to promote a project, that brings a good hype and most of the time newcomers together with those investors/traders who wanted a quick result will be victimized, some may be able to have a quick ride and earn from the manifestation of their investment but for most, the chance of getting stuck and lose everything is possible.

Getting stuck to the position where the dumping momentum already dominated the rise, nothing but expect to lose your money, either all of it or most portion of your investment.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
July 21, 2023, 07:40:08 AM
#55
~snipped~

Coin categories such as memcoins will always appear in huge quantities, regardless of the approaching halving, market trend, or the presence of any particular altcoin season or season of any particular coins. It's all about the very nature of memcoins.
Yes, I know memecoins are not stressful to create and push to the market. However, the point I made there is that there's often a mad demand for them during a bull season because of their cheap prices. Noob investors would mistake these low prices and their low market cap for an indication that there's more room for growth and then buy in. During bear season most investors are meticulous as they're disgruntled investing. Every cent counts during a bear season. Investors are more skeptical and careful during a bear season than they're during a bull season.
legendary
Activity: 2534
Merit: 1338
July 21, 2023, 03:17:51 AM
#54
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!
Exactly, this is HIGH RISK for me.
Meme coins always get their own hype and it seems that they can go up fantastically every time they are just launched and will immediately go up very high. But have you noticed what their fate will be after> They will immediately drop as soon as they reach their peak price. And finally, how likely are they to survive in the market and move up again? Very little. because of that, it is very risky when investing in meme coins, especially if we are late in entering or taking profits
One thing that bothers me about many meme coins investors is that they want to invest in those coins knowing very well the risk they are taking is massive, but at the same time they do not want to accept the responsibility that such an investment carries and they try to delegate it to someone else so they can blame someone other than themselves when they inevitably lose their money, as the chances of investing in the right meme coin at the right time are minimal.
hero member
Activity: 1106
Merit: 570
July 20, 2023, 06:08:51 PM
#53
Yes, meme coin are risk that is why you need to carry out a proper research to know if you invest in this season whether you will be able to achieve something reasonable from it before embark on meme coin investment. It hard for meme coin investors to experience massive income from their investment, because the more you hold long the more you regret why embark on such journey which is not advisable to invest all your money in meme coin because the price is too low in the market. I have learned my lesson not to invest above 10% on meme coin based on the disappointment I experienced from my investment that made me to lose so much money in the past.

Meme coin investment are very risky because nobody knows which memecoins is going to be the talk of the market. You have to invest in multiple memecoins if you want to benefits from the hype of the market. Memecoins are becoming very popular and we don't have to ignore them again because if you ignore them, you'll miss our on profits.
Make sure your have memecoins in your portfolio for next bull market because alot of memecoins are becoming very popular on exchanges. Before we had only doge coin but now we have Shiba Inu and many others trading at very large Volume daily which means memecoins are becoming very popular among investors. Therefore we don't have to neglect any sectors of the market.
Our investment should touch every sectors because we haven't known which areas will received the most investment from the market and any sectors that received the most investment will be the most profitable areas of the market. I think artificial intelligence will be among the top earners therefore we have to make investment in AI coins for better profits or we miss out.
hero member
Activity: 2184
Merit: 513
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July 20, 2023, 05:59:48 PM
#52
Yes very true because this time i see there is many meme coin which is clear risky for investors. Meme coin has small possibility for getting profits but losing risk very high. If you want buy then you should choice best meme coin for the future profits.
meme coin investment is speculation full of manipulation, its even worse than gambling in general because the odd of you winning are determined by the whales, whereas the whales themselves also try to profit off your investment and entry towards these meme coins.
full member
Activity: 1582
Merit: 132
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July 20, 2023, 04:55:22 PM
#51
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!
Exactly, this is HIGH RISK for me.
Meme coins always get their own hype and it seems that they can go up fantastically every time they are just launched and will immediately go up very high. But have you noticed what their fate will be after> They will immediately drop as soon as they reach their peak price. And finally, how likely are they to survive in the market and move up again? Very little. because of that, it is very risky when investing in meme coins, especially if we are late in entering or taking profits
legendary
Activity: 2492
Merit: 1145
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July 20, 2023, 11:47:50 AM
#50
Risk is the meme coin's middle name.  Cheesy
Just remember the word "meme" and it will get you back to the real world. Think about the possibility of being dumped all of a sudden. Whale manipulation or just a friggin dump because it ends a scam. Holes that will be identified that could lead to FUD. Lots of different reasons why meme coins are high-risk coins. I do believe you don't like to be in a position where stress comes to you thinking about how you will recover from all the losses that will happen. You better be ready for that if you are so sure about buying this type of coin.
The chances of making profits are also low so why should you invest in it? While Bitcoin and other top coins are just out there making money for those who trust them. I think I will stick with that strategy.

Manipulation is something that you already expecting when you invest with meme project, for sure those who are riding on this kind of investment are people who mostly treat trading as gambling, the bigger you risk the bigger profits you may expect, but in reality, that big amount of risk is also the same amount of regret when you are facing that mistake.

When everything didn't go according to how you anticipate and you got stuck from a huge dumping momentum, nothing you can do but to regret in riding with the temporary hypes of a meme project.


Well it can be manipulated especially for the people with influence, they can make a single meme coin to have a temporary hype and sell all their holdings and run. We've seen this on NFT projects and other coins last bull market when the time that influencers starts flocking cryptocurrency to have partnerships and projects they can easily money milk. The one who are really at loss on meme coins are the newbies who got stucked in it until the value depletes. This is why I never suggest meme coins to any newbies that didn't know how the meme market works.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 20, 2023, 07:06:19 AM
#49
Risk is the meme coin's middle name.  Cheesy
Just remember the word "meme" and it will get you back to the real world. Think about the possibility of being dumped all of a sudden. Whale manipulation or just a friggin dump because it ends a scam. Holes that will be identified that could lead to FUD. Lots of different reasons why meme coins are high-risk coins. I do believe you don't like to be in a position where stress comes to you thinking about how you will recover from all the losses that will happen. You better be ready for that if you are so sure about buying this type of coin.
The chances of making profits are also low so why should you invest in it? While Bitcoin and other top coins are just out there making money for those who trust them. I think I will stick with that strategy.

Manipulation is something that you already expecting when you invest with meme project, for sure those who are riding on this kind of investment are people who mostly treat trading as gambling, the bigger you risk the bigger profits you may expect, but in reality, that big amount of risk is also the same amount of regret when you are facing that mistake.

When everything didn't go according to how you anticipate and you got stuck from a huge dumping momentum, nothing you can do but to regret in riding with the temporary hypes of a meme project.

sr. member
Activity: 2436
Merit: 343
July 20, 2023, 07:04:06 AM
#48
Risk is the meme coin's middle name.  Cheesy
Just remember the word "meme" and it will get you back to the real world. Think about the possibility of being dumped all of a sudden. Whale manipulation or just a friggin dump because it ends a scam. Holes that will be identified that could lead to FUD. Lots of different reasons why meme coins are high-risk coins. I do believe you don't like to be in a position where stress comes to you thinking about how you will recover from all the losses that will happen. You better be ready for that if you are so sure about buying this type of coin.
The chances of making profits are also low so why should you invest in it? While Bitcoin and other top coins are just out there making money for those who trust them. I think I will stick with that strategy.
Honestly, many people can't ignore the hype and social media influence which makes them invest and hope that they get lucky and become rich instantly. It was very common for impatient people never to think that they are risking more compared to investing in Bitcoin. Too sad to say but as the PEPE coin soars high, many people are jumping on it but looking at the current situation, I'm sure many of them are regretting and blaming themselves as they are suffering losses now.
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