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Topic: This time for meme coin? - page 7. (Read 2166 times)

full member
Activity: 882
Merit: 100
October 05, 2023, 03:57:15 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: 14
Merit: 0
September 19, 2023, 06:48:41 AM
It creates a wave that attracts new participants to the market, which is crucial during the development phase of the cryptocurrency market. Memecoins also contribute to helping the cryptocurrency market weather the crypto winter. However, when the market is bullish, I no longer pay attention to memecoins Grin
newbie
Activity: 78
Merit: 0
September 18, 2023, 08:25:13 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: 2842
Merit: 1253
Cashback 15%
September 18, 2023, 06:57:05 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: 147
Merit: 1
September 18, 2023, 05:54:14 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
member
Activity: 120
Merit: 10
Bet2dream.com
September 12, 2023, 12:17:08 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.
newbie
Activity: 78
Merit: 0
September 12, 2023, 10:28:14 AM
They are many meme Coin that has already created in the cryptocurrency industries and more are still coming out, but have to make a research before investing in any of them, because they are good once that has future potential and also useful in the cryptocurrency industries, base on project plan and also community support that drive meme coin's in another level that gives more profits to investors.

The only ones who have potential are those who have invested a lot in marketing. Fucking PEPE was all around Twitter when it was launched and it pumped just because it brought attention. Now no one cares about it and it remains silent.
newbie
Activity: 148
Merit: 0
September 12, 2023, 09:37:38 AM
meme coins are already everywhere, as for me it is better to trust more reliable ones, which have long existed and investments bring income, such token is TFS, I had no problems with it
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
September 12, 2023, 08:37:34 AM
Speculating for a limited time may be very understandable because it's like just playing around, but I agree that if it reaches the desired price threshold, immediately release it.Maybe there are already many colleagues who have provided suggestions and opinions about meme coins that are not suitable for investment.because the risks involved are quite large and the experience that has occurred is very much that meme coins are confirmed to be scams.The bull market also won't affect the meme coin; only a small part of it can, and that's because of the hype that's still going on.
Meme coin most of the time are riding with the bull season, whales and manipulators are using the sentiment to attract new traders and investors, with flowing investment those people who are not careful in investing or riding with the project especially with meme asset are prone to losing their money, you need to have a good glance at how you project the potential and what are the sign that you will going to use, a kind of patterns that will give you the hint when to sell and leave the project.
Memecoins don't really ride only with the bull run, they generally just go up significantly when the community hypes them and they get a lot of investment from newbie investors who are greedy and don't know much about the market and how cryptocurrencies generally work and they think that they can get rich quickly with cryptocurrencies and memecoins use that as an opportunity to get as many investors as possible because that gives them a lot of money.

And memecoins generally start losing value right after the hype is over and they barely manage to go up after that because the lifespan of memecoins is not that much but most people don't understand this and they still invest in every single memecoin that they hear about from social media or anywhere.

Agree to that, manipulators are just waiting for the hypes and start bringing it inside the table, once the target already reached expect that it will be doom, some might wait for another timing and some will be gone or die in a natural way, Usually those who got victimized will not stop from that experienced they will keep on aiming and trying to ride thinking that in the right timing they might earn from this kind of project.

Meme coins do exist as there are people who have this kind of thinking, though some might lose hope and interest, but some will continue the chase.
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
September 12, 2023, 01:47:12 AM
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.
It's fun because the price of meme coins is very cheap, so there's no harm if someone tries to speculate, hoping that there will be a surprise. Even though, up until now, as you said, it has been Doge who has been able to provide surprises, that is also because Elon Musk's role has been able to provide encouragement to improve. Apart from that, perhaps of the many that have emerged, it seems that many are unable to develop, so it is not recommended if you want to buy meme coins for the long term.But it's all up to the individual to decide, and don't hesitate to analyze if you still intend to buy meme coins. I myself am not sure about the further developments of meme coins.
jr. member
Activity: 1652
Merit: 3
September 10, 2023, 03:05:41 AM
Not a fan of meme coins, Think most of them are just hype only few are legit the only memes coins I bought was doge and Shibu last two years and have make alots of profits from them. Currently afraid to invest in any meme coin these days cause we are in a bear market one can easily lose a lot of money if care is not  taken, will better wait for another bull market before buying memes coins again cause I don't trust them that much.
member
Activity: 1553
Merit: 23
September 09, 2023, 06:02:26 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.

Dogecoin is special.  One fact is that DOGE is first, the earliest meme and biggest market cap.  The another fact is that DOGE actually is bitcoin clone,  proof of work coin, a UTXO coin, not token.  SHIBA and also vast majority of other meme coins are not coins, they are mostly a token on BEP20 chain, or on ERC-20 chain, etc.

I am biased against tokens, and in favor of real coins like DOGE.  Check out Cheetahcoin (CHTA).  This is new meme coin like DOGE, on sha256 with special difficulty algorithm tailored to small home solo miners on USB devices like Gekko Newpac. CHTA market cap is well below $1 million USD, and really at early stage.  
hero member
Activity: 2492
Merit: 586
September 09, 2023, 02:09:25 PM
Speculating for a limited time may be very understandable because it's like just playing around, but I agree that if it reaches the desired price threshold, immediately release it.Maybe there are already many colleagues who have provided suggestions and opinions about meme coins that are not suitable for investment.because the risks involved are quite large and the experience that has occurred is very much that meme coins are confirmed to be scams.The bull market also won't affect the meme coin; only a small part of it can, and that's because of the hype that's still going on.
Meme coin most of the time are riding with the bull season, whales and manipulators are using the sentiment to attract new traders and investors, with flowing investment those people who are not careful in investing or riding with the project especially with meme asset are prone to losing their money, you need to have a good glance at how you project the potential and what are the sign that you will going to use, a kind of patterns that will give you the hint when to sell and leave the project.
Memecoins don't really ride only with the bull run, they generally just go up significantly when the community hypes them and they get a lot of investment from newbie investors who are greedy and don't know much about the market and how cryptocurrencies generally work and they think that they can get rich quickly with cryptocurrencies and memecoins use that as an opportunity to get as many investors as possible because that gives them a lot of money.

And memecoins generally start losing value right after the hype is over and they barely manage to go up after that because the lifespan of memecoins is not that much but most people don't understand this and they still invest in every single memecoin that they hear about from social media or anywhere.
jr. member
Activity: 202
Merit: 3
Success depends on hard work 🫶
September 09, 2023, 01:27:42 AM
As far as I know these memecoins are like gambling because they will give you good profit at first but then they will screw you up.Many have stopped investing in this memecoin and I stay away from investing in this memecoin because I know this memeCoin scam is more likely so you should invest carefully.
newbie
Activity: 46
Merit: 0
September 08, 2023, 07:10:57 AM
most likely due to the oversaturation of the meme token market, people will start to lose faith in cryptocurrency. Therefore, it is better to look at tokens like TFS, which has its own platform and ecosystem
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
September 08, 2023, 07:06:01 AM
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.
sr. member
Activity: 1512
Merit: 397
dice9.win/ - Simple, fast and provably fair
September 08, 2023, 04:53:45 AM
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.
legendary
Activity: 2086
Merit: 1058
September 08, 2023, 02:11:32 AM
Quote
Moreover meme coin is a deadly scam and most of the newbie investors are falling into these fake networks. They think it is possible to buy more tokens with small money but it turns out that they are losing their entire money tie. I have researched that the success of meme coin is very low and most smart investors are not willing to invest in these projects.
Their success is often short lived and you would be careful to recommend them a new trader who wants to be in the long term game. Just one or two names in the successful memecoins list and its not something that the bitcoin community is proud of.

But this method of hype>inflated demand>selling>dumped to the lowest of lows, has been running in different forms for decades now. Identify them before you get burnt.
I agree that they are short lived and they are not to be trusted with your money. Meme projects may end up making money for just a short period of time but then it is going to end up being something terrible and you should try to avoid it as much as you possibly can.

I think it is smarter to end up making some indicator that it will be doing fine on the long term. And because of that I believe that we need to be careful about how much money we can make from it as well. I get that it is not that easy to make it work, but that doesn't mean that we are going to end up with a good profit, it should be careful about it and you should be making some returns based on how much money you could make from something like this.
full member
Activity: 1176
Merit: 165
★Bitvest.io★ Play Plinko or Invest!
September 07, 2023, 04:47:54 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!
I see every-time as the right time for a particular coin, you just have to figure out which one, and every new trends also have their season and how long they can last, it’s only the strong and those who truly have what they want to offer that will survive, so if one can be able to see a good meme coin to invest on, it will be off best interest for the person to DYOR then make their own decision, their are some meme coin which are very promising and they turns out to always give investors some good profit, but they also appears to be risky to some point, which is why if you are to choice any meme coin and invest on them, 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.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
September 07, 2023, 04:44:51 PM
Surely it's risky for newcomers entering the market, but it's also attracting more new participants to the market. I'm certain that many people understand that. Indeed, the market is mostly comprised of meme coins and shitcoins.
No, new people will not understand such things because they are only tempted by the many times the profit and confidently enter without knowing the risks and the worst possibilities.
I'm saying this based on my personal experience because when I was new to crypto, meme tokens were always around and they were doing the same scheme with their pump and dump after they felt that the profit was enough for the project then they would definitely dump tokens like this.
New people don't understand that and they end up losing money and feeling cheated when it's their own doing thinking that being in a bad environment (being in a meme coin) is an easy way to make a big profit.
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