Trump coin safe or not? - page 2. | Bitcointalksearch.org

Promocodeudo

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Quote from: Jegileman on January 23, 2025, 01:33:04 PM

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.

Buddy I have read through your comment, I think I somuch support your narration, despite the profit people has made from this memcoin called trump coin, it doesn't stop it from being a pump and dump coin, as crypto (Bitcoin enthusiasts) I think we should by now understand what pump and dump coin is, coin like this are hyped somuch and based on the individual behind it existence it can make a great upsurge at the beginning just as we know but in the later days some usual event may occur, though individual decision differs as far as digital investment is concerned but for me investing in such coin is at owners risk, i know by now people that invested earlier has been able to make their money and the owmer of the coin himself has been able to get what he want so as it stands the coin will be left to die a natural death or keep decreasing until it's been abandoned totally. So for me I will always advocate for Bitcoin investment at all time because it has a different settings different from the aforementioned coins.

MainIbem

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Quote from: DPHOR on January 25, 2025, 07:24:48 AM

Quote from: Olatundespo on January 25, 2025, 05:11:26 AM

It is further declining is hating investors instead of attracting them. Many investors in the United States are avoiding buying the coin named after Trump due to his immigration policies. Although it is a meme coin since it is a personal name coin investors should be more careful when buying. I would recommend waiting for some more time before buying his coin. This coin may pump in the future, but for uncertain and small investors Trump coin may be more risky. I'm more focused on accumulation Bitcoin instead that will benefit me more in the future.

Today I tracked the coin again and I noticed that is already $27 which is about -45% this has shown that it's a total redflag not to do any investments. I think now it's better to only focus on Bitcoin than jumping around these memekoin that holds no futures.

You're making a good point, regardless of the owner of the coin or what name it's called, Trump coin is a memecoin and therefore should be threaded with caution cause it's not like Bitcoin that got long-term feature and risk free when you invest for a full circle, memecoins as we know comes with very high risk cause of their ability to be pumped and dumped by it's owners that's why people who risk investing on such coins should be very careful, always follow the market to take profit when it wants to start dumping and also invest what they can afford to lose. They come with good profits no doubt but they're like a gamble and investors who are very careful about it could lose lots of money. Well the coin has pumped and it's currently dumping so it won't be a bad idea to hold on instead of investing currently and lose.

DPHOR

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Quote from: Olatundespo on January 25, 2025, 05:11:26 AM

It is further declining is hating investors instead of attracting them. Many investors in the United States are avoiding buying the coin named after Trump due to his immigration policies. Although it is a meme coin since it is a personal name coin investors should be more careful when buying. I would recommend waiting for some more time before buying his coin. This coin may pump in the future, but for uncertain and small investors Trump coin may be more risky. I'm more focused on accumulation Bitcoin instead that will benefit me more in the future.

Today I tracked the coin again and I noticed that is already $27 which is about -45% this has shown that it's a total redflag not to do any investments. I think now it's better to only focus on Bitcoin than jumping around these memekoin that holds no futures.

Dr.Bitcoin_Strange

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Like you said, there's hope by people (it's investors) that the token will get to $100 but theirs no certainty about that. People always speculate about the price of altcoins but they do get disappointed by so many of those meme coins because price ends up not getting to the target they have been hopeful about. So, if you are interested to invest in Trump token, only invest with the amount you can afford to lose if perhaps the reverse is the case (instead of the token to surge to $100, it dumped on you).

Olatundespo

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Quote from: Coyster on January 24, 2025, 04:14:04 PM

Quote from: DPHOR on January 23, 2025, 01:16:24 PM

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

I no think say e dey safe to buy that Trump coin now oh, even if e dip, who tell you say e go pump again, lol, if shitcoins dump, dem no dey usually pump again oh. I no go fit buy that coin oh and i no go fit advise person make him go near that coin, but na your decision oh, na only advice we fit give you. Instead i go buy Trump coin, i go use that money take accumulate more bitcoins.

It is further declining is hating investors instead of attracting them. Many investors in the United States are avoiding buying the coin named after Trump due to his immigration policies. Although it is a meme coin since it is a personal name coin investors should be more careful when buying. I would recommend waiting for some more time before buying his coin. This coin may pump in the future, but for uncertain and small investors Trump coin may be more risky. I'm more focused on accumulation Bitcoin instead that will benefit me more in the future.

DPHOR

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Quote from: Coyster on January 24, 2025, 04:14:04 PM

Quote from: DPHOR on January 23, 2025, 01:16:24 PM

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

I no think say e dey safe to buy that Trump coin now oh, even if e dip, who tell you say e go pump again, lol, if shitcoins dump, dem no dey usually pump again oh. I no go fit buy that coin oh and i no go fit advise person make him go near that coin, but na your decision oh, na only advice we fit give you. Instead i go buy Trump coin, i go use that money take accumulate more bitcoins.

I been don reason am as well because as bitcoin price just dey one place since them sworn that man in as president nothing don really happened for the market, instead na this him coin com dey make wave for some times now. But anyhow e be I go just dey monitor am and you get d tin say if memecoin dump e no rise again.

Coyster

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Quote from: DPHOR on January 23, 2025, 01:16:24 PM

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

I no think say e dey safe to buy that Trump coin now oh, even if e dip, who tell you say e go pump again, lol, if shitcoins dump, dem no dey usually pump again oh. I no go fit buy that coin oh and i no go fit advise person make him go near that coin, but na your decision oh, na only advice we fit give you. Instead i go buy Trump coin, i go use that money take accumulate more bitcoins.

Antotena

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Quote from: DPHOR on January 23, 2025, 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?

You just displayed what meme holders do, they speculate for now reason because tell me why you think Trump coin will be going to $100 from here, same coin that did dump from $70ast few days to $30 and has been trading within that range. You need to know that crypto chart is not linear, it doesn't move in a definite direction, there is going to be up and down, the price can go up from here and can go down from here unless you are expecting some good news from Trump.

I saw a video where Trump was signing an executive order about Crypto, don't know how true that's, but we need to see their passion for Bitcoin and crypto growth before anything can happen to his coins and what will later happen to crypto market. For now, all eyes are on Bitcoin market and if that Reserve been discussed becomes successful, his meme coin is going to be one of the most traded meme coin in the history of all politician because there will be another politician that will surely launch theirs next.

Salahmu

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Quote from: DPHOR on January 23, 2025, 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?

Actually this coin is very scary to me and I don't no anything about the coin and all we are just seeing is people trooping it and that's what is making the price to rise a lot, though I no that Donald Trump may be the owner but that no withstanding I don't think is wise to invest on the coin unless the person is using a discretionary income on it, I no that Donald Trump is the only reason why people are investing on the coin because as he is the president they believe that he will have a serious influence on the growths, however I have not check what the price is but if is anything close to $100 as you said, to me is a red zone because the impact of the falling will be severe. Meanwhile I was thinking Bitcoin will be his major but his meme coin is getting more famous.

Franctoshi

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Quote from: DPHOR on January 23, 2025, 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?

Regardless of the fact we are looking for a way to earn money from crypto, one should avoid cryptos without real -world value, Trump's coin has been the trend or talk of the town since he assumed office on the 20th of January. The Trump's meme coin is all about hype that is driving the price up, and I haven't seen any other thing attached to it, So except if in the future Trump comes out say something that people would use the coin to do (utility case).

Tmoonz

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Quote from: Shadiq on January 23, 2025, 01:53:50 PM

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.

Op asking if the coin is safe or not is quite annoying because considering his registration date on the forum he should have known that there is no other coin that can as safe as Bitcoin and anyone venturing in any other coins irrespective of the hype is apparently at owners risk and seeking for such advice here can as mislead others , my only advice is that he should always adhere to the golden rule of only allocating am an amount he can afford to lose, surely Bitcoin investment gives certain level of peace of mind which can never be compared to any other coins in the space.

Olatundespo

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Quote from: DPHOR on January 23, 2025, 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?

Most recently the Trump coin was launched in the market named after the current US president. It debuted on the market as a meme coin. It was below $10 the moment it hit the market it reached its highest price within the next two days. Although it initially had a bullish symptoms but price has been trending downwards day by day. Despite the high of $74.59, there has been a huge price drop recently.

Being crypto friendly reflects investor confidence in the Trump administration has become a hype in a short period of time. Market observation suggests that the price of this currency is in a bearish period. A small number of traders are making multiple and high profits in a short period of time. Person based crypto is high risk. Controversial figures like Trump whose most negative impact is directly on the currency in his name. I think Trump Coin is more risky investment than other meme coins.

Yucky

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Because it's Trump, and Trump is a sharp guy in the crypto world, I'll give it my$2. However, don't invest more than you can afford to lose, as we are always advised. Since it's a memecoin, investing in it is at owners risk. And I recently saw news that Trump sold the coin to acquire ETH, so you should be cautious.

Avoid putting yourself in a situation where you'll blame others. But if you believe in Trump's, you can acquire some and monitor the market. In the long run, you'll see if investing more if there's is a bull run is wise or if you should withdraw. Just keep an open mind.

Moreno233

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Quote from: DPHOR on January 23, 2025, 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 will not allow myself to be in the position to advice anyone about this Trump coin because it is a memecoin that is always risky to hold. Those who have the mindset of buying and selling within a short interval of time are free to buy but it is not supposed to be a long term hold because the hype will somehow fade with time. For the moment Trump is still in power, there are high chance of the coin rising in value as long as he continue to mention cryptocurrency in his speeches but a time will come when the big players will start taking major profits, anyone who do not sell before that time or during that time may lose money due to high volatility from the dumping that will happen that time.

Zigabel

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Quote from: DPHOR on January 23, 2025, 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?

Have it at the back of your mind that such is just a gamble as meme coins are usually not sustainable enough, you have to be careful its not a pump and dump project so you don't get to loose your money but some other persons were lucky they made some god money form it as at the time the coin first lunch and they did hooped on it but now i don't know if its still a good idea but for investment sake, it may not be the best thing to do currently as we don't know the fate of this coin if it will yield any better after now and if it will be sustainable enough.

Futurexxx

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Quote from: DPHOR on January 23, 2025, 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]

My brother you don try to ask, because for we country wey we dy, them don talk am say person wey ask questions no dy miss road, see eh, the risk attached to this trump coin dy too high, because it's more politically motivated than most of other meme coin and shit coin alike, and I believe 100% say this trump coin dy on the downward Parth because people don cashout already, investors wey they enter now, na them the developers go use clear liquidity and recover all their money back plus their profit, so investment in trump coin now be like say you waka with clear eye go enter trap, so na to avoid am like plaque be the best thing to do.

No allow greed for money make you enter tight Conner, even though you wan take risk in all and shit coin, take a calculated risk on other coin, not this trump coin.

Josefjix

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yes

Quote from: DPHOR on January 23, 2025, 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?

Wait for it to dump more and more before you buy some quantity for yourself, it's probably a coin that would get lots of demand in the future for the sake of Trump, meanwhile, it's already listed on many popular centralized exchange for it's major exposure to many investors.

After all, there is a lot of memecoins in the market and I think Trump is one of them, but the problem is if Trump coin won't be developed more for her use cases that'll bring in more buyers and get demanded.

Sim_card

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Quote from: iBaba on January 23, 2025, 03:06:14 PM

Quote from: Sim_card on January 23, 2025, 01:42:31 PM

Quote from: DPHOR on January 23, 2025, 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.

The money that you want to use to buy those altcoins that you mentioned can be use to buy bitcoin, because I don't see why anyone will go for an inferior coin and leave the superior one which is bitcoin. I don't think bitcoin is expensive to the point of you saying that someone will not be able to buy in satoshi. Bitcoin has outperformed many asset before its existence in the market, in terms of generating profit, including gold. Check out Ethereum, the price hasn't increased above the initial price when bitcoin was at $50k, but bitcoin has made more double of $50k in price currently. Invest wisely.

DPHOR

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Quote from: Stalker22 on January 23, 2025, 03:59:17 PM

Quote from: DPHOR on January 23, 2025, 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.

Brodaly I no know say you be omo 9ja, as I neva see you chuck mouth for we plenty tori here. Na true say we no fit know him plans if he go launched another memecoin where the previous coin go come dump uncontrollably. But base as I take know how the whole thing be I no go like just rush go collect some token of that trump coin and like this him wife coin wey be also melana coin dey also gain small attention pass the Trump self becus plenty we or obodo de world see am opportunity as e fit give dem beta return of their owo wey dem put for dat him wife project wey plenty pipo see am as memekoin.

Quote from: Mpamaegbu on January 24, 2025, 01:17:43 AM

Quote from: DPHOR on January 23, 2025, 01:16:24 PM

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

Just dey careful wit anything wey you dey do wit memes. Dem nor too dey reliable, na just for jokes and fun dem dey; except d few ones wey dem teams begin add usecase to dem. As for dat Trump token, I nor fit talk d direction wey e go go. E fit be sey e do even finish all d gragra wey dey im body like dat @ dat ATH wey e do. If not dat d creator na president wey dey support cryptos, I for categorically tell you to avoid am. Make you nor go become exit liquidity.

You too sabi the game, like this self if pesin dey buy him supposed dey kiaful if not e go samankwe him eyes as plenty pipo just dey luk were dem fit collect quick money tak gum bodi as e be say him no too push bitkoin zoom as we bin dey reason say e go be, like now self we suppose see am for place like 120k or above da price self but instead e just remain one place dey since him enter go sit down as oga kpatakpata.

Mpamaegbu

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Quote from: DPHOR on January 23, 2025, 01:16:24 PM

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

Just dey careful wit anything wey you dey do wit memes. Dem nor too dey reliable, na just for jokes and fun dem dey; except d few ones wey dem teams begin add usecase to dem. As for dat Trump token, I nor fit talk d direction wey e go go. E fit be sey e do even finish all d gragra wey dey im body like dat @ dat ATH wey e do. If not dat d creator na president wey dey support cryptos, I for categorically tell you to avoid am. Make you nor go become exit liquidity.

Topic: Trump coin safe or not? - page 2. (Read 472 times)