Why we need to buy meme coin? - page 12.

n0ne

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Quote from: tvplus006 on November 25, 2023, 06:21:25 PM

Quote from: Anguwa on November 25, 2023, 05:29:39 PM

...If you do good research about cryptocurrency and the coins that have been making so many people millionaires in the last decade, you will see that people make good money through meme coins than in bitcoins because meme coin has hype while bitcoin is already known and will remain one and only bitcoin...

And that's really true, many people have become millionaires thanks to the meme coin. But have you ever thought about how many people lost their money so that a few people became a millionaire? If you are not a member of the team and you do not have friends who know about the team's plans, you should not invest in meme coins. Otherwise, the chance that you will lose your money is much greater than becoming a millionaire.

Agreed, not everyone had turned millionaires investing on memecoin. Insider information is much needed one and apart from that we need to be lucky to choose the right memecoin and turn rich. With cryptocurrency anything can happen, so we need to keep ourselves prepared to face the worse. This will help us handle any sort of market situation and avoid the losses.

tvplus006

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Quote from: Anguwa on November 25, 2023, 05:29:39 PM

...If you do good research about cryptocurrency and the coins that have been making so many people millionaires in the last decade, you will see that people make good money through meme coins than in bitcoins because meme coin has hype while bitcoin is already known and will remain one and only bitcoin...

And that's really true, many people have become millionaires thanks to the meme coin. But have you ever thought about how many people lost their money so that a few people became a millionaire? If you are not a member of the team and you do not have friends who know about the team's plans, you should not invest in meme coins. Otherwise, the chance that you will lose your money is much greater than becoming a millionaire.

wheelz1200

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Quote from: Jocuserious on August 19, 2023, 01:14:04 PM

Because
Sleep dreams that the tendency to suddenly become rich Cry

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

That's what happens when greed grabs a hold and people keep buying into these dumb things. It was a 2020-21 fad that will soon disappear. Fine doge and maybe a couple others will hang around but for the most part they are all cash grabs. Worthless projects that people will.lose their money on.

Anguwa

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Quote from: Romeotom on November 25, 2023, 12:10:26 PM

Those who know the failure of meme coin will never buy meme coin and very few good investors catch meme coin. Most of the meme coins generate hype in a short period of time and after a few days their token price drops. Some new investors think that they will get rich suddenly from meme coin. My brother bought 10-15 meme coins and he is disturbing himself just for bull market so I think it's crazy.

Investors value meme coin because they know how profitable it is even as it is build based on hype and it do lasted for short time. If you do good research about cryptocurrency and the coins that have been making so many people millionaires in the last decade, you will see that people make good money through meme coins than in bitcoins because meme coin has hype while bitcoin is already known and will remain one and only bitcoin, it’s chance of growing 3x is very low that’s why meme coins are more profitable.

Obim34

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Quote from: Publictalk792 on November 25, 2023, 02:10:35 AM

I understand why you are worried about meme coins and the risk in investing in meme coin. It is important to be careful and do research before investing in any cryptocurrency not even in meme coins. Some people make money by investing in these kind of shit coins but thing is that if they invest on the right time. Otherwise it dumps hard and can give much loss.

Basically we know that they don't have any special use case and only created for fun only. In my point of view we should avoid from these kind of shit coins we have some other coins where we can invest and they can give much better profit if we trade regularly or hold them for a long time.

My only worries is for those who enters into investing in Altcoins without proper guidance, knowledge and understanding. Altcoins are always tricky and requires careful observation before venturing into the market if not loosing one's funds is certainly guaranteed.
So many risk factors associated with Altcoins that most times even at your best of knowledge in making observation will still land you into much regrets of why you even at the first place purchase tany Altcoin. Those who make money from memecoins are those people who entered the market very early and are quick to sell as soon as the price skyrockets, those who wants to hold memecoins usually ends up with the coins being left useless in their wallets which they use to hold them.

In the first place I would not buy the idea to invest into a coin made for fun, it's of no purpose then. You see how some Altcoins find reasonable usefulness to their community in order to last longer and then memecoins are for fun, not when my money is involved

Romeotom

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Those who know the failure of meme coin will never buy meme coin and very few good investors catch meme coin. Most of the meme coins generate hype in a short period of time and after a few days their token price drops. Some new investors think that they will get rich suddenly from meme coin. My brother bought 10-15 meme coins and he is disturbing himself just for bull market so I think it's crazy.

bastian466

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Quote from: Jocuserious on August 19, 2023, 01:14:04 PM

Because
Sleep dreams that the tendency to suddenly become rich Cry

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

New members who are caught by social media trends lack the understanding that they are risking their money, because what they do has the risk of losing the money they spend, which is the same as betting money in gambling. The hype around memecoin is still continuing, meaning the attraction of new entrants is still continuing due to social media factors that encourage its spread

icalical

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Nobody ever need to buy memecoin because it has no use-case at all, the only reason people buying memcoin is to speculate on the coin and hoping some big name will shill it. At worst situation, memecoin is actually a greater fool investment.

Dr.Osh

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there is no reason to buy coi memes. However, people buy it to take advantage of the very fast fluctuations that occur in meme coin even though some people hope that the price can be higher or at least have similar potential to doge coin. However, we need to realize that choosing meme coins is a very risky thing.
However, if you are aiming for a long-term investment, then choose bitcoin or a popular altcoin that is in high demand and has potential right now, such as ethereum.

Sophokles

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We don't need to buy meme coin. No one is forcing anyone to buy any meme coin and if you are not an aggressive trader i don't think you have any reason to buy meme coin. The reason I am talking about aggressive trader is because some traders do frequent buy sell and use risky altcoin to make money. Meme coins fit for that category as their price is controlled by a whale or a group of people so they can actually be a good token for short term profits. Long term holder will take heavy losses from such coins.

Publictalk792

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Quote from: Obim34 on November 25, 2023, 01:14:38 AM

Most people don't always like to follow advise and actually learn from people's experience. You can keep advising them to keep awaway from this meme coins. With time certain horrific dump from many meme coins which has claimed to be the lead after Bitcoin not knowing it was only a dream which can never come true.
The truth about this meme coin is that they lack useful to the community and for what purpose do you think people should invest in it, it has now turned into a get teach scheme only to it's first investors, those who buy at the early stage will definitely see a pump but within a few days interval the market will definitely face a big dump which it can never recover from it and you hear the Dev say buy more before the pump, and promises are made to burn half tokens but all to no avail, after all there promise the project gets dumped and ruged

I understand why you are worried about meme coins and the risk in investing in meme coin. It is important to be careful and do research before investing in any cryptocurrency not even in meme coins. Some people make money by investing in these kind of shit coins but thing is that if they invest on the right time. Otherwise it dumps hard and can give much loss.

Basically we know that they don't have any special use case and only created for fun only. In my point of view we should avoid from these kind of shit coins we have some other coins where we can invest and they can give much better profit if we trade regularly or hold them for a long time.

soramon

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Quote from: Jocuserious on August 19, 2023, 01:14:04 PM

Because
Sleep dreams that the tendency to suddenly become rich Cry

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

the reason I bought meme coin was that I wanted to get 10-100 x the profit from memecoin but I understood there would be a risk that I would take, namely losing all my money. Usually I use the remaining or unused money to buy memecoin and keep it in my portfolio in BTC and Eth which is more because memecoin is very risky

Obim34

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Activity: 224

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Quote from: Jocuserious on August 19, 2023, 01:14:04 PM

Because
Sleep dreams that the tendency to suddenly become rich Cry

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

Most people don't always like to follow advise and actually learn from people's experience. You can keep advising them to keep awaway from this meme coins. With time certain horrific dump from many meme coins which has claimed to be the lead after Bitcoin not knowing it was only a dream which can never come true.
The truth about this meme coin is that they lack useful to the community and for what purpose do you think people should invest in it, it has now turned into a get teach scheme only to it's first investors, those who buy at the early stage will definitely see a pump but within a few days interval the market will definitely face a big dump which it can never recover from it and you hear the Dev say buy more before the pump, and promises are made to burn half tokens but all to no avail, after all there promise the project gets dumped and ruged

James C. Jackson

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I am very excited to buy meme coin. But what meme coin i will buy?

terizla

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Yes, meme coin is very dangerous to buy. I search any meme coin in BNB and SOL Network. Many of them becomes rugpull because the dev remove liquidity from DEX Market.
If you want to hold meme coin, better you earn it from airdrop or any giveaway. Don't buy it with your own money

TimeTeller

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Quote from: Belarge on November 24, 2023, 06:39:13 PM

Quote from: Kuntus on November 24, 2023, 04:28:31 PM

We know that investing in meme coins can be risky due to their volatile nature and often speculative value. Unlike other established cryptocurrencies like Bitcoin or Ethereum, meme coins in most cases lacks a solid foundation, making them susceptible to rapid price fluctuations. Additionally, the meme coin market is known for its susceptibility to pump-and-dump schemes, where prices are artificially inflated and then deliberately crashed by coordinated actions. Rather than invest in memecoin I'd advise to invest in Bitcoin and others.

Bitcoin holders are quite different from memecoins, bitcoin do take time but memecoins have possibility of hitting massive profits tomorrow or in short term. Memecoins have given me significant amounts from the market, atleast I can brag when others are bragging. If we're in the market, we tend to been offer favorable projects as long as we're following the appropriate team, I call them the winning teams, because they mostly settle for profits, forever stuck in profits. Investing in memecoins can turn out to be another thing, we are probably on different levels and we have selections in the system, which might either be favorable or lost for most of us in the market.

There's nothing wrong investing in meme projects, so long you know when to exit.
Because if you are too late, you will find out soon enough that you will be holding a lot of worthless tokens.
But if you got lucky, you will surely earn huge profits as they can increase their price high enough but can easily go down hard as well.

Belarge

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Quote from: Kuntus on November 24, 2023, 04:28:31 PM

We know that investing in meme coins can be risky due to their volatile nature and often speculative value. Unlike other established cryptocurrencies like Bitcoin or Ethereum, meme coins in most cases lacks a solid foundation, making them susceptible to rapid price fluctuations. Additionally, the meme coin market is known for its susceptibility to pump-and-dump schemes, where prices are artificially inflated and then deliberately crashed by coordinated actions. Rather than invest in memecoin I'd advise to invest in Bitcoin and others.

Bitcoin holders are quite different from memecoins, bitcoin do take time but memecoins have possibility of hitting massive profits tomorrow or in short term. Memecoins have given me significant amounts from the market, atleast I can brag when others are bragging. If we're in the market, we tend to been offer favorable projects as long as we're following the appropriate team, I call them the winning teams, because they mostly settle for profits, forever stuck in profits. Investing in memecoins can turn out to be another thing, we are probably on different levels and we have selections in the system, which might either be favorable or lost for most of us in the market.

Kuntus

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We know that investing in meme coins can be risky due to their volatile nature and often speculative value. Unlike other established cryptocurrencies like Bitcoin or Ethereum, meme coins in most cases lacks a solid foundation, making them susceptible to rapid price fluctuations. Additionally, the meme coin market is known for its susceptibility to pump-and-dump schemes, where prices are artificially inflated and then deliberately crashed by coordinated actions. Rather than invest in memecoin I'd advise to invest in Bitcoin and others.

ichsan ardi

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Quote from: Jocuserious on August 19, 2023, 01:14:04 PM

Because
Sleep dreams that the tendency to suddenly become rich Cry

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

meme coin is gambling, in my opinion, who is the lucky one who sells or enters faster.
Altcoins are risky but memecoins are very risky. Don't be tempted by quick profits to get rich quick. If you want to buy memecoin, do your own research, don't be fooled by the news, but I don't recommend buying, it's up to you. It doesn't matter if you take it slowly, the important thing is to consistently build your own wealth and maintain your wealth for your children and grandchildren

batang_bitcoin

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Quote from: andyou1234 on November 24, 2023, 12:26:53 PM

Meme coin is a coin that has low capitalization because the project has just been registered and is still in the development stage by the project team, but you need to know that memecoin has an extraordinary sensation so it can provide huge profits for its holders, but meme coin also has very high risks, therefore it is best to choose memecoins that have potential such as AI, SHIB, and DOGE. Currently these three memecoins have great potential,

If talking about the potential, I should still say that let's all just stay with Dogecoin. This is the OG of the meme coins and even there's a coin now named meme coin, you don't have to get into these meme coins just because they are being thought by people to have a greater potential.
You're just going to be hype with it but that's how it goes when you're a risk taker because all of them requires risk and you have to take it upon purchasing any of those. But if you think that you're going to mostly focused with meme coins, you need to get some refresher course IMO.

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