Trading Discussion with Memes - page 2.

jaberwock

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Quote from: pawanjain on January 19, 2025, 05:50:25 AM

Don't know why but a lot of meme coins have been trending latley. It's like the trend has changed from NFTs to memecoins.

Speculating on meme coins is like throwing a stone in the pond and waiting for the fish to come out.

Actually meme coins are never out of the trend. We can't even call it a trend but it was only normal that there are memes from time to time. Memes are a product of a latest event though. Nowadays we have something from Trump, so many expected that memes from it are then to come out. Well they are correct. NFT's are the ones that trend fits the most and in fact they are long gone already. Speculating not only for the meme coins, are always like that. We have no assurance but maybe meme coins has more of it.

Quote from: pawanjain on January 19, 2025, 05:50:25 AM

I personally don't like meme coins because they don't deliver any value and is purely a gamble.

Don't worry because even most of us dislikes it as well. There are some who still invest but many are only doing it for luck testing and profit purposes. They don't have real love for those.

$crypto$

legendary

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Quote from: Zwei on January 17, 2025, 06:48:40 AM

anyone had this happen to him?
because it sure did happen to me.

Hmm you brought this back to my memory hahaha
Yes when I bought it on the downside, then on the HODL it went sideways and after selling it went up, what was missing was I selling too fast? If you don't sell immediately, me will lose even more.
That is often experienced in some memecoins and even altcoins that are traded.

slaman29

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LOL at Solana

I told people way long ago. I learnt my lesson about Ethereum. And all altcoins that do the claims about 'fast' and scalability bullshit.

If you move network just because its supposedly faster and cheaper, then you are moving to a less secure, less used, therefore less trusted. As soon as Solana has real traffic it crashes.

Traders don't buy L2 coins because they think it's gonna be an ETH killer, they buy it because its 'cheap'.

And here's my meme for this

passwordnow

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Quote from: ajiz138 on January 20, 2025, 12:49:45 AM

Quote from: passwordnow on January 19, 2025, 05:59:05 PM

The "official" politicians and celebrities meme coins has emerged.

The Trump family is now dominating the Memecoin market.
And it's only been a few hours since Trump's wife MELANIA's meme broke through the big MC.
Now waiting for her son to announce their meme.

Yeah, there's even a family tree that has been made for this. Melania is on fire now and there are centralized exchanges that are supporting.
People are posting this family tree so that people will have an idea on what's next for this "official" meme coin trend. Barron was on it, and now with Melania, LOL. This is funny before the inauguration happens.

Odusko

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Quote from: Adbitco on January 16, 2025, 06:10:54 PM

Don't you think moving this post down to the altcoin section would be more better? Basically since is altcoin related issues and not solely on bitcoin trading. But, if you think this is okay then there would be no problem as i think altcoin sections serves this post the best.

The thread fits right in here, The trading discussions board is for all discussions around trading so having this thread here is not wrong, unless if altcoin board has its trading as a Sub board on the altcoin board, but none like that, that means every discussion concerning trading can be post here, Bitcoin trading and altcoins trading, and meme coins are the hype of the moment and that means it trading discussions are very important, a lot of new actors in the meme coins category and new power play, politicians are now diving into the meme market so it trading is gaining a lot of attraction from trader lent the recently launched Trump coin made many millionaires traders already.

ajiz138

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Solana users are currently experiencing network congestion due to the Trump family's memecoin frenzy.
Sometimes I get annoyed with the solana network which can't handle a lot of load.

Quote from: passwordnow on January 19, 2025, 05:59:05 PM

The "official" politicians and celebrities meme coins has emerged.

The Trump family is now dominating the Memecoin market.
And it's only been a few hours since Trump's wife MELANIA's meme broke through the big MC.
Now waiting for her son to announce their meme.

passwordnow

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The "official" politicians and celebrities meme coins has emerged.

nelson4lov

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Quote from: slaman29 on January 18, 2025, 04:12:34 AM

lol @nelson4lov memecoin traders are not trading, they are betting, or trying to scam before they get scammed Tongue

~Snipped

Yup, can confirm that its technically not trading. I only said that because a lot of memecoins bettors say "they are trading memecoins" and the definition of trading is the buy/sell of goods (tokens) and/or services.

That unspoken rule of memecoin gambling is to get in early and sell before others. "Last to sell is a fool".

ICOs | Memecoin gambling. Same thing just slightly different pattern lol.

Zwei

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Quote from: slaman29 on January 18, 2025, 04:12:34 AM

lol @nelson4lov memecoin traders are not trading, they are betting, or trying to scam before they get scammed Tongue

lol, it's like a game of chicken to see who's going to rug first, the "dev" or the "investors".

and with trump launching his own memecoin, imagine getting rugged by your own president, this crypto timeline is insane Grin

i still can't believe the president of the united states launched a memecoin. i guess once a grifter, always a grifter.

Wakate

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Quote from: memehunter on January 19, 2025, 04:36:06 AM

Quote from: nelson4lov on January 18, 2025, 05:34:35 PM

But there are people who long/short memecoins.

Well, I have to say that my perspective towards meme coins has changed. One thing for sure is that it is not lottery in any sense, which almost all people think of. It is a totally new playing field that requires some new skills and paradigms to master.
Having said that if you are only trading meme coins just for 100x, 1000x, etc., and have no research skills you are indeed playing lotto.

Trading memecoins can be very risky to traders that would be doing that for the first time. Trading generally involves financial decision and it's good you have a good understanding about the market before you think of trading memecoins. Memecoins can be very volatile whether to the bullish side of bear. Every traders need to know that memecoins are most manipulated by whales who are in for market tricks, luring investors to see a good reason to buy the token and after a certain period, they could send the price to the grave.
I have been in a trading community that have whales that do analyze the market in their own way choosing a token to trade by the community. When the trade starts, everyone one would buy and hold for a while, then people will start selling tricking ignorant investors that might be thinking that the pump is real.

bettercrypto

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I'm glad I read the memes in the section that was made op, the other posts by our friends are funny, although it makes really sense actually. and there are some points that are actually true.

I'm entertained by the memes that our friends post, honestly, it's nice that we read them from time to time because it relaxes me from a different angle too. Thanks op for bringing this topic here😃

Perfectbaby

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Quote from: nelson4lov on January 18, 2025, 05:34:35 PM

The reason why I don't recommend it is because the volatility is too high. You can get liquidated even during times where majors are relatively stable with no huge moves in either direction. But there are people who long/short memecoins. One pf such persons is the "Bonk guy". You can search on X (Twitter) to read his story.

The number one reason I don't like meme coins or even jump to trade any of them due it's volatility can make you lose entirely, one thing I know about meme is that they aren't for long term holding but one can follow it's hype and cash out when the price are rising uncontrollably than hold when trends are already dying by then investors are already making their ways to another project to invest on.

Strongkored

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Quote from: Zwei on January 17, 2025, 06:48:40 AM

anyone had this happen to him?
because it sure did happen to me.

This is very similar to what I experienced with shiba inu.
This memecoin was very popular a few years ago, I'm sure many profited at that time and lost because they didn't realize the market was starting to fall.
Bought quite a lot at a price of around $0.00004 and it kept going down so I chose to hold it until last year and because of urgent needs finally had to sell at a price of around $0.000012 and after that the price went up, currently $0.00002 is still a loss at the current price, but that's what you will experience if you switch to long term hold but are still struggling with economic difficulties and also playing around on memecoins.

pawanjain

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Nothing lasts forever

Don't know why but a lot of meme coins have been trending latley. It's like the trend has changed from NFTs to memecoins.
I personally don't like meme coins because they don't deliver any value and is purely a gamble.
Speculating on meme coins is like throwing a stone in the pond and waiting for the fish to come out.
TRUMP coin just launched yesterday and see how massive gains it has right now. People are throwing money at it.
I feel like Lord Wojack sometimes because whenever I try to invest in these short term trending projects, I end up losing money every fishing time.

memehunter

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Quote from: nelson4lov on January 18, 2025, 05:34:35 PM

But there are people who long/short memecoins.

Well, I have to say that my perspective towards meme coins has changed. One thing for sure is that it is not lottery in any sense, which almost all people think of. It is a totally new playing field that requires some new skills and paradigms to master.
Having said that if you are only trading meme coins just for 100x, 1000x, etc., and have no research skills you are indeed playing lotto.

nelson4lov

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Quote from: Zaguru12 on January 18, 2025, 05:12:51 PM

Quote from: nelson4lov on January 17, 2025, 05:53:11 PM

~Snipped

Most of these memecoins are actually not listed on centralized exchanges and as such they do not get listed on futures or leverage trading, even if they do get listed one thing i know mostly from them is they do not have that much leverage percentage attached to it because of their volatility. This set of memecoins are mostly strong based ones but the regular memecoins hardly makes it to the exchanges and are simply mere pump and dump coins.

The volatility that most of these memecoins have is that it is very volatile and the use of leverage will be useless in this kind of trades because the volatility will simply increase the price to an unprecedented high and low. Memecoins are never something one should jump into because it is by far more risky than any coin

Well, you'd be surprised. There are plenty of memecoins listed on several centralized exchanges.

For instance:

— Binance has listed more memecoins than normal altcoins in the last 3 months and 100% of all these listings are available on perps too so you can slap up to 50x leverage on them but like I said, suicidal.

— Bybit and Bitget list memes too.

— MEXC lists almost all memecoins on perps.

The reason why I don't recommend it is because the volatility is too high. You can get liquidated even during times where majors are relatively stable with no huge moves in either direction. But there are people who long/short memecoins. One pf such persons is the "Bonk guy". You can search on X (Twitter) to read his story.

Zaguru12

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Quote from: nelson4lov on January 17, 2025, 05:53:11 PM

Memecoins + leverage — a suicidal poison.

Trading memecoin on leverage is more or less a death sentence lol except you're lucky.

Tried it a couple of times and you often get liquidated much faster than trading majors. You'd be surprised how fast even established memecoin go -20% to -50%.

Do Y'all trade them with leverage or just spot via trenches only?

Most of these memecoins are actually not listed on centralized exchanges and as such they do not get listed on futures or leverage trading, even if they do get listed one thing i know mostly from them is they do not have that much leverage percentage attached to it because of their volatility. This set of memecoins are mostly strong based ones but the regular memecoins hardly makes it to the exchanges and are simply mere pump and dump coins.

The volatility that most of these memecoins have is that it is very volatile and the use of leverage will be useless in this kind of trades because the volatility will simply increase the price to an unprecedented high and low. Memecoins are never something one should jump into because it is by far more risky than any coin

slaman29

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lol @nelson4lov memecoin traders are not trading, they are betting, or trying to scam before they get scammed Tongue

Anyway my favorite trading meme that encapsulates what a small group of us who started forex years before crypto used to say: no use getting rich with no plan, cos one day Death is gonna come for all of us.

memehunter

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Quote from: nelson4lov on January 17, 2025, 05:53:11 PM

Memecoins + leverage — a suicidal poison.

Trading memecoin on leverage is more or less a death sentence lol except you're lucky.

Tried it a couple of times and you often get liquidated much faster than trading majors. You'd be surprised how fast even established memecoin go -20% to -50%.

Do Y'all trade them with leverage or just spot via trenches only?

Please read the theme of this thread. It has nothing to do with meme-coins (unless you can make it so). While your advice generically sound, this thread is specially made for mocking these. Grin

. Sorry if sounded rude.

nelson4lov

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Memecoins + leverage — a suicidal poison.

Trading memecoin on leverage is more or less a death sentence lol except you're lucky.

Tried it a couple of times and you often get liquidated much faster than trading majors. You'd be surprised how fast even established memecoin go -20% to -50%.

Do Y'all trade them with leverage or just spot via trenches only?

Topic: Trading Discussion with Memes - page 2. (Read 489 times)