Trump coin safe or not? | Bitcointalksearch.org

Charles-Tim

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Quote from: promise444c5 on Today at 04:22:45 PM

It could pump and it could get dumbed forever or for years .. who knows , it has also been flowing with the market recently after it massive pump to $70+ but maintaininga $40~ $50 range..

The token increased to $78 before it started to fall. It fell below $34.2 just not quite long and probably still showing signs of falling more.

Quote from: promise444c5 on Today at 04:22:45 PM

it’s still new so no one can tell if it pump is really over but we all know it kinda dipping. Invest what you can afford to lose just as it’s been mentioned, if the risk works for you fine! but if it doesn’t, then you won’t need to worry that much since you can afford to lose it

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I did not know the reason a company can file for Trump ETF which an asset manager or so did recently. I hope United States SEC will not approve it for the company. Trump is just a meme coin and its long term success is not guaranteed.

promise444c5

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It could pump and it could get dumbed forever or for years .. who knows , it has also been flowing with the market recently after it massive pump to $70+ but maintaininga $40~ $50 range..
it’s still new so no one can tell if it pump is really over but we all know it kinda dipping. Invest what you can afford to lose just as it’s been mentioned, if the risk works for you fine! but if it doesn’t, then you won’t need to worry that much since you can afford to lose it

.

rachael9385

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Quote from: DPHOR on Today at 01:16:24 PM

Like we know the trump coin has been on a higher demand with the hope the price will break out to $100 anytime from now. I didn't utilize the opportunity to have some memecoin for myself and after I finished watching and observing the market I feels like I can buy few of it.

Do you think is safe to buy now or I should wait a bit while it dip more?

I saw this few days ago and on social media people keep posting someone that bought this coin with a dollar and made 3 million dollars. Other people also posted the profit they made, the figures were all outrageous and fake. But everyone got carried away and started buying this coin, it's all part of their strategy to get people's attention. Later on people confirmed that those big profits online wee just scams. I think you should leave this coin for a month so you wouldn't end up regretting why you bought it. Apart from Bitcoin I don't trust any other coin out there.

Stalker22

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Quote from: DPHOR on Today at 02:20:38 PM

Yes I already having this mindset that I am gambling with the coins but I just want to know if is safe to venture now or later at least to stand a better chance for good profits while gambling with it. Altcoin are very risky currently to hold especially when they are not established yet.

I dont think anyone can answer that question for you. You say you are aware and willing to take risks, so that should be your main guideline. Only you can decide how much risk you are willing to take.

If anything, memecoins stand out from other altcoins in their volatility. You say you could wait for the price to drop further before buying? But who can guarantee that the value of token will increase again afterward? Keep in mind that Trump plans to release more tokens in the future.

Wiwo

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Memecoins are like gambling, but a meme that has a strong personality to back it up is somewhat a good potential risk investment, so why not if you have a few dollars to spare for some years or months you spend on Trump coins, at least hold small amount and throw your face away from it if it comes out good, good it doesn't since you invested just a small amount, it won't hurt you.

Just don't trade the coin due to its current volatility rates, On the first day of its launch, it turned many people into instant millionaires, but those that jump in when the price is already $55-$83 per Trump coin are now in a bigger loses at the moment.

iBaba

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Quote from: Sim_card on Today at 01:42:31 PM

Quote from: DPHOR on Today at 01:16:24 PM

Like we know the trump coin has been on a higher demand with the hope the price will break out to $100 anytime from now. I didn't utilize the opportunity to have some memecoin for myself and after I finished watching and observing the market I feels like I can buy few of it.

Do you think is safe to buy now or I should wait a bit while it dip more?

Shitcoin is shitcoin and they don't have long-term potentials in them. I will advice you to think of buying bitcoin instead of meme coins that might make you run at loss in the long run, because they are for short term profit. I feel Trump coin is been pumped and we know how such coins do end with the passage of time. Bitcoin is safe and unique, but if you want to gamble, that's your choice.

Atleast if one cannot buy bitcoin, they can as well try other strong altcoins like Solana and Ethereum coins who seemed to be having a more prospective market growth. It is more reliable to invest in these coins and still make profits out of it than to rely on Shitcoins and memecoins like $TRUMP and $MELANIA coins. A lot have made a whole lot of money during this massive uptrend period of the Trump coin and countless numbers ended in pain and lost due to their Fear of missing out (FOMO) after investing in the wrong time, the coin begins to decline in value significantly there.

BIT-BENDER

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Is doesn't matter what name is used to call the coin as long as it's an altcoin there are atoms of risks involved. And just because one person is enthusiastic or not enthusiastic about a coin and gives you their opinion you should not just take it without carrying out your own research.
Personally I have my doubts on The Trump coin and even though it does well all of a sudden I don't think it would have a good longevity so yes I consider it unsafe in the long run.

DPHOR

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Quote from: Charles-Tim on Today at 02:00:03 PM

Quote from: DPHOR on Today at 01:16:24 PM

Do you think is safe to buy now or I should wait a bit while it dip more?

You can buy some Official Trump with the amount of money that you can afford to lose. That is how altcoins, including memecoins should be. Especially those memecoins, they are very volatile. They can make you lose big or win big. That is the reason you should see them like gambling.

Yes I already having this mindset that I am gambling with the coins but I just want to know if is safe to venture now or later at least to stand a better chance for good profits while gambling with it. Altcoin are very risky currently to hold especially when they are not established yet.

Charles-Tim

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Quote from: DPHOR on Today at 01:16:24 PM

Do you think is safe to buy now or I should wait a bit while it dip more?

You can buy some Official Trump with the amount of money that you can afford to lose. That is how altcoins, including memecoins should be. Especially those memecoins, they are very volatile. They can make you lose big or win big. That is the reason you should see them like gambling.

Shadiq

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It is better to see Shitcoin as Shitcoin, it does not matter who invented it or who is promoting it. If you want to put your money at high risk and gamble with your money, then you can buy that coin. But I would never advise you to buy Shitcoin. Because the possibility of long-term returns is very low. If you value your money, then you should buy Bitcoin, there is a much greater possibility of profit in the long term.

Sim_card

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Quote from: DPHOR on Today at 01:16:24 PM

Like we know the trump coin has been on a higher demand with the hope the price will break out to $100 anytime from now. I didn't utilize the opportunity to have some memecoin for myself and after I finished watching and observing the market I feels like I can buy few of it.

Do you think is safe to buy now or I should wait a bit while it dip more?

Shitcoin is shitcoin and they don't have long-term potentials in them. I will advice you to think of buying bitcoin instead of meme coins that might make you run at loss in the long run, because they are for short term profit. I feel Trump coin is been pumped and we know how such coins do end with the passage of time. Bitcoin is safe and unique, but if you want to gamble, that's your choice.

Jegileman

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Trump is a memecoin and all Memecoins are risky to hop into and buy while expecting a very big profit from it. When it was first launched, the hype around it and all the fundamentals surrounding it from Trump himself has made it pump to that height. I feel the tempo is low now and even if you’re risking what you can afford to lose in a memecoin, it’s not advisable to buy it now again. Those that will take out their money and dump the coin back are already doing that because even in the news I saw that the Trump project team are selling Trump coin and buying Solana. Trump coin was never a safe haven, it was just for that moment and since the moment is already passing by, you should not buy it again. Look to invest in bitcoin or other solid altcoins.

DPHOR

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Like we know the trump coin has been on a higher demand with the hope the price will break out to $100 anytime from now. I didn't utilize the opportunity to have some memecoin for myself and after I finished watching and observing the market I feels like I can buy few of it.

Do you think is safe to buy now or I should wait a bit while it dip more?

Topic: Trump coin safe or not? (Read 60 times)