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Topic: This time for meme coin? - page 7. (Read 2494 times)

newbie
Activity: 4
Merit: 0
October 13, 2023, 05:56:56 AM
You should invest in memecoins because they have the potential to increase in value by up to 1000 times the initial investment, which is something that other projects find it challenging to achieve.
newbie
Activity: 12
Merit: 1
October 13, 2023, 04:16:48 AM
You have to be really lucky to pick a meme coin that appreciates in value because it only goes up if a few people hold it. Another thing is that most meme coin projects are primarily focused on token sales and don't have a plan to drive the price up, or the project's creators may lack the capability to do so.




full member
Activity: 1176
Merit: 140
October 13, 2023, 03:18:02 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!
Because MEME coins will never sustain in the long term, their goals is short term hype, and people’s rush to invest and they lost everything, but it’s also luck sometimes. Definitely it’s a big risky investment when you will make big investment. So try to invest small amount which is your comfortable. It’s bearish market so it’s not a good time for meme coins where whole market is also down trend.
And how much money will someone need to invest in all the meme coins that they might have a good feeling about? Because it's not just one or two, there are a whole bunch of meme coins and the quantity keeps increasing over time. Most of these coins and tokens have a very short lifespan because they are created, the developers or creators try to get some hype through social media platforms and fail and boom! The token or coin is going to trash.

That's why, it's not even worth it to invest small amounts in a lot of projects which cumulatively become a good sum and one should use that sum to buy a good and trusted cryptocurrency instead which has been around for quite some time and has great potential for growth in the upcoming bull run.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
October 11, 2023, 07:05:51 PM
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
that is always best way which need to be followed. After meme industry getting the new waves due to pepe hype, scammers trying to trap people by offering people multiple their money. People also following such ways. They buying memecoin even with small amount as if this memecoin could be pump and such thing is continued. At the end, almost all memecoin team withdraw all liquidity from exchanges and scammed everyone. So better not to instract with such sheddy profit and move on to potential coins
thats true, such strategy usually is used by the newbies mainly because they think spreading across 100 meme coin will results in 10 of them making them rich. but really
it isn't true at all, if someone invest into some random meme coin which actually just a shitcoin even investing in 1000 of them, there's chance that 1000 of them which basically 100% of them are gonna fail.
we can't get massive investment return from investing in a thousand shit project because if a shit project usually just outright fail then we basically investing into 1000 fail project.
its just overall silly strategy in term of investment even more so in meme coin investment.
sr. member
Activity: 1115
Merit: 253
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October 11, 2023, 05:15:30 PM
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
that is always best way which need to be followed. After meme industry getting the new waves due to pepe hype, scammers trying to trap people by offering people multiple their money. People also following such ways. They buying memecoin even with small amount as if this memecoin could be pump and such thing is continued. At the end, almost all memecoin team withdraw all liquidity from exchanges and scammed everyone. So better not to instract with such sheddy profit and move on to potential coins
jr. member
Activity: 168
Merit: 1
October 10, 2023, 05:41:13 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!

The question isn't whether memecoins are risky; the question is, can't you see that they are risky? Just take a look at those strange names like "harrypotterobamasonic10inu" and "XRP8." How can you not expect them to be risky?

This is like a game, and your luck. if you wanna take part, go risk it and grab yourself bag of cash but DYOR.
legendary
Activity: 2772
Merit: 1127
October 10, 2023, 01:11:19 AM
Buying meme coins when the market is falling has a very high risk because when the market trend starts to rise, the meme coins that are emerging may not survive because there will be many meme coins that are hype when the market trend is high, so I often make purchases. coin memes when the market trend is high because new coin memes will also follow the market hype at that time and I only do it for the short term.
But, it's not worse as buying when the market is rising because investors can only lose less that way. But Whatever side it is, it is still not advisable to invest on them because majority of them are not going to rise anymore. Some are lucky but we shouldn't ride it because it will not continue to move up anymore. Their rise are sometimes intentional caused by the manipulators or the people behind them.

Sometimes a whale can also cooperate on them. Even if we say we will only do it for the short term, it was still not advisable for the said reason earlier. We shouldn't forget that there are many great cryptos in this market so why force your self in the meme coins?
sr. member
Activity: 1435
Merit: 250
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October 07, 2023, 12:47:59 PM
Buying meme coins when the market is falling has a very high risk because when the market trend starts to rise, the meme coins that are emerging may not survive because there will be many meme coins that are hype when the market trend is high, so I often make purchases. coin memes when the market trend is high because new coin memes will also follow the market hype at that time and I only do it for the short term.
member
Activity: 467
Merit: 13
October 07, 2023, 12:18:24 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!

Yes. it is very risky. Also meme coin does not have any utility. But they will grow the awareness about crypto in the community.  But every bull market on of meme coin will be hyped. It was shiba Inu in the last bull market. What you can do is do the meme coin bounties and hold until the next bull market(2024). You don't need to invest in those meme coins.
full member
Activity: 1442
Merit: 116
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October 06, 2023, 10:56:23 PM
I don't see it like that, and have never been tempted to invest with full capital, but it is true that I also do it with a small amount of capital to invest in meme coins, because for me the most important thing is the security of our capital first, after that we are looking for a good profit. according to logic. often the multiples on meme coins don't make sense, they go up to thousands of percent, but in an instant they can drop drastically, that's something we have to really pay attention to
sr. member
Activity: 532
Merit: 251
Leading Crypto Sports Betting & Casino Platform
October 06, 2023, 12:38:33 PM
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!

Cryptocurrency trading is also kind of risky; you don't even have to ask about meme coin cases. You probably know that 90 percent of the meme coins are unworthy coins, and we should keep track of the rest, less than 10 percent coins; otherwise, it will cost you a huge loss for sure. It's a short-term trading thing, and the bull and bear markets are unpredictable in this case. Many people lose their meme coins, but others gain them too. To gain on this coin trade, you need to learn some trading tactics and the up-to-date trends of the coins that you are trading.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 06, 2023, 10:56:04 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!
Because MEME coins will never sustain in the long term, their goals is short term hype, and people’s rush to invest and they lost everything, but it’s also luck sometimes. Definitely it’s a big risky investment when you will make big investment. So try to invest small amount which is your comfortable. It’s bearish market so it’s not a good time for meme coins where whole market is also down trend.

More on luck if you are going to invest with this kind of project, and aside from that timing is also important, like what you said better to invest with small amount of money, amount that you are comfortable in risking not a huge investment that you can afford to lose, remember that meme project most of the time is controlled by certain people behind it.

Make sure that you have that strong nerve to accept whatever the outcome, if by luck, you earn, then it's good for your money. If not, just move on and forget about it.
sr. member
Activity: 2226
Merit: 259
DGbet.fun - Crypto Sportsbook
October 05, 2023, 07:54:55 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!
Because MEME coins will never sustain in the long term, their goals is short term hype, and people’s rush to invest and they lost everything, but it’s also luck sometimes. Definitely it’s a big risky investment when you will make big investment. So try to invest small amount which is your comfortable. It’s bearish market so it’s not a good time for meme coins where whole market is also down trend.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
October 05, 2023, 06:26:33 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!

Yes, it's definitely very risky. Just look at the recent release of many new coins with a meme concept on the market which ended up as shitcoins. Most of them don't last long on the market, they just attract hype and deceive investors. My advice is to avoid and never bet your money on meme coins in any form, this will only make you suffer losses.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
October 05, 2023, 06:07:23 AM
Mem coin seems really risky to me.  It is impossible to predict what effect this may have on a bull market.  Because the meme coin market is volatile it is hard to tell which direction it will take. Meme coin has no utility at present and the project itself has no long term goals, mostly meme coin is not sustainable. Mem coin is more risky to invest long term so no one wants to hold long term. I am not currently thinking about investing in Meme Coin.
They're like that unexpected friend who sometimes lights up the party but never promises to show up or accomplish anything. Their value? Mainly social buzz and FOMO. You're right about their unpredictability. How can you anticipate their trajectory without a utility or use case?

I've seen meme coin investors make quick money, but others lose it quickly. The whole thing is risky. Should we invest in a trending topic? Or should we focus on basics and utility? Always do your own research. You should be comfortable with where you invest your money.
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
October 05, 2023, 05:25:59 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!
When the market entered a bull market, many meme coins were launched to capitalize on the bullish momentum we saw in the previous season, many of them even used similar names to coins that were experiencing price spikes in the market to attract investors to the project. Therefore, the presence of meme coins on the market will certainly be very risky, especially for new investors because we often encounter beginners who think that meme coins can make them rich quickly, so many of them dare to invest large amounts in them without considering the risks.
full member
Activity: 882
Merit: 100
October 05, 2023, 02:57:15 AM
Mem coin seems really risky to me.  It is impossible to predict what effect this may have on a bull market.  Because the meme coin market is volatile it is hard to tell which direction it will take. Meme coin has no utility at present and the project itself has no long term goals, mostly meme coin is not sustainable. Mem coin is more risky to invest long term so no one wants to hold long term. I am not currently thinking about investing in Meme Coin.
newbie
Activity: 88
Merit: 0
September 18, 2023, 07:25:13 PM
then you should be careful and don’t keep them for a very long period of time before they turn your investment into shit as that what the coin is in the first place.
I always say that meme coins are shitcoins and not investment assets. I agree with you that meme coins are not coins worth keeping for a long time. You just have to be observant in looking at the market and when the price goes to the moon, I think you should just sell and don't think the meme coins will go back to the moon and hit their ath.

Meme coins are just fun. So if you intend to invest long term in coin meme, you have to be careful. In my opinion, the only successful meme coin so far is $DOGE, many investors have become rich in DOGE because of the price pump that has occurred in this coin.

I agree. Memecoins mainly exist to give hopium to traders when the markets are boring. Though one or two might pop up every once a while with a few good usecases, they're still risky regardless. The two I've got on my to-buy list; $smurfcat and $shia share the same characteristics as well. They are risky. Only reason I could say I'm going for them is because both are listed on Bitget and I trust the exchange to a good degree.
legendary
Activity: 3052
Merit: 1281
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September 18, 2023, 05:57:05 PM
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!

Investing in new meme projects is always risky because most of them have no liquidity, and many of them are created to scam investors.  We have seen lots of these meme coins rug pull during the craze of the Shiba era.  If there is another batch of meme craze in the bull market, I believe it will take away some capitalization from the legit cryptocurrency out there because instead of these funds going to the legit crypto market, they are being diverted to meme coins and possibly taken away through exit scams.
jr. member
Activity: 263
Merit: 1
September 18, 2023, 04:54:14 PM
That's all I can say about meme coin. Yes, it is true that the new meme coins that are coming or coming in the current market are almost all high risky. And in bull run these coins can give a fair profit but most of them will not give profit. Short trade can bring good profit.

I have seen a few recently. Instead of fade them completely because of TA, I make sure I throw a few $$  just to hold a portion of it incase the price react positively I won't live in regret. I saw one called Shiba Saga (SHIA) listed on Bitget. Shiba did well for those go entered early, so anything Shiba I try to jump in cautiously even if it's with $5 lolz
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