Why we need to buy meme coin? - page 13.

mdzahed134

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Quote from: goaldigger on August 20, 2023, 04:58:23 PM

Riding with the Memecoin hype is not easy, there’s no guarantee that it will pump just like the other project. Over 100 Memecoin only few or below 10 projects was able to reach the peak.

So imagine the probability to lose money with the memecoin, if you want to make profit for long term then better to invest with the top coins and hold until the next bull run.

Correct, if will considering in the last 2 years i see over hundreds of MEME coins are launched in the market but only two or three coins was big hyped such as SHIBA, PEPE,FLOKI otherwise all of them already dead. So it’s pretty difficult to find out real hype MEME coins. It’s a kinda gamble because of there are no guaranteed profits.

andyou1234

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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,

Bureau

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Because it gained so much hype that a lot of meme coin holders in the last bull run became millionaires. Elon Musk made shit coin look so amazing of all altcoins when he promoted a shit coin, that is what Dodge coin was referred to in its early stage. If you do not agree then do a Google search. Elon destroyed any new prospect of a new project that could question his existing products. I mean to say considering the development that happened from 2011 to 2017, do we foresee anything happening in 2023 in his domain?

Everyone is so focused on memes and projects related to it that we all forget how it has nothing to do with the real world. There are so many scam projects that are currently active but we are only trying to make some profit. What was happening earlier has now stopped and now investors are playing with meme coins.

Samlucky O

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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.

I think Speculations of altcoins should be classified on its category, like bitcoin begot altcoin, altcoin begot shitcoin, shit Coin begot meme and fomocoin . When talking about altcoins there is no need of generalizing all. When talking about altcoins people usually don't spot the difference between them. Sometimes people use the word altcoin instead of shitcoin and meme Coin. I think shitcoin has a higher risk compeard to altcoins like USDT, BNB, ETHERIUM, SOL, ADA etc. Altcoins have more liquidity and has a long term market value than shitcoin

glendall

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not in mind to buy meme coins,
It's too risky, especially the risk is too big, as has been the case, where after the hype is gone, the meme coin dies.
What's more, coin memes currently only copy trending memes, for example Pepe Coin, there are lots of memes that use the word Pepe

coiningz

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I have doge in my ownr portfolio and that's more than enough for me. I want to believe in fundamental things instead of hype

johnsaributua

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Come on friends, you need a little entertainment and calm in a pretty good market entry at this time, Meme coin is not new at this time and if you are interested you can buy at the lowest price, talking about the risk of any altcoin will experience a change of phase, I think altcoin lovers are familiar right? even all crypto coins experience fluctuations, if it becomes a fear of dump prices it is against the laws of nature, if you feel burdened with daily scalping on certain exchanges, meme coins as cheap as anything are usually already listed on certain exchangers, meme coins also give a new feel with funny pictures that make people always remember them, the effect may be that some people who are new to crypto even have the goal of finding and buying other altcoins, the wisdom is from jokes to increase trading volume.

I think you will be calmer if you recognize the cycle of each meme coin because each oracle is different.

jrrsparkles

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Quote from: Mehedi72 on November 24, 2023, 07:20:39 AM

It seems, meme trends won't end soon. Even after new comer pepe coin & ranked among top hundred cryptocurrency list, it make the hype and make the people more crazier who's dream is to get rich quickly by the help of memecoin. Although it is a unknown true that, meme us shitcoins, can be vanished and many more but people somehow feel attraction with memes. Even if you check the cmc, 1 meme coin is ranked on top10 in most popular cryptocurrencies list. That's the reason people like to try their luck on memecoin which js similar as gambling without any winning possibilities

There is no technical perspective to invest in a meme coin but still, it has the capability of giving returns so everyone who invests in meme coins is taking a gamble that they are looking for the next dogecoin. As I said it is close to gambling, you win big or lose the capital entirely so keep that as a basic rule when you want to invest in a meme coin.

Mehedi72

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It seems, meme trends won't end soon. Even after new comer pepe coin & ranked among top hundred cryptocurrency list, it make the hype and make the people more crazier who's dream is to get rich quickly by the help of memecoin. Although it is a unknown true that, meme us shitcoins, can be vanished and many more but people somehow feel attraction with memes. Even if you check the cmc, 1 meme coin is ranked on top10 in most popular cryptocurrencies list. That's the reason people like to try their luck on memecoin which js similar as gambling without any winning possibilities

lienfaye

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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.

There are many shitcoins on the market, no utility and just created to ride the hype of meme. They won't go away since many investors are attracted to a coin which can give them a high returns in a short period and ignoring the risk of losing their money. Therefore, if there are investors willing to take risk in these coins, expect similar projects on the market to continuously exist.

Thus, if you'll invest in meme, make sure that you know the risk and you did your research on what to expect because there's no assurance to gain. The reason why it is advisable to choose a coin with real use case since it's less risky even you hold it for long term.

wxa7115

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Quote from: Stable090 on August 21, 2023, 08:03:00 PM

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 meme coins are created just to collect money from investors, most meme coins have no use case, no road map, and no strong team, most of them are just created and hyped, then they will start pumping. People that sell when the hype is still there are the lucky ones, but the ones that don't sell when the hype is still there or the ones that both sell when the coin already has the hype will end up losing when the hype is no longer there because the coin is going to die, and people that invested there will have nothing left. The creator of the meme might end up creating another coin, and similar things will be repeated. That’s why I see most meme coins as scam coins because most of them don’t have any use.

This is true not only for meme coins but also for the majority of the new altcoin that are released now, back on the early days of this market even if many of those altcoins did not survived I really think the developers behind them were in fact trying to create something new that could compete with bitcoin, so I do not blame them for taking a risk even if this decision ended up being mistaken.

But the intentions of the developers today are completely different since they do not care at all about the market and their only goal is to try to get some easy money out of naive investors.

Stable090

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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 meme coins are created just to collect money from investors, most meme coins have no use case, no road map, and no strong team, most of them are just created and hyped, then they will start pumping. People that sell when the hype is still there are the lucky ones, but the ones that don't sell when the hype is still there or the ones that both sell when the coin already has the hype will end up losing when the hype is no longer there because the coin is going to die, and people that invested there will have nothing left. The creator of the meme might end up creating another coin, and similar things will be repeated. That’s why I see most meme coins as scam coins because most of them don’t have any use.

AakZaki

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Quote from: abel1337 on August 20, 2023, 10:27:04 AM

Of course it's a one in a thousand chance of getting "rich" with just small profit. Not every meme coin has the same chance of getting big and majority of them just dies because of lack of attention to the community and the market. It is because of a ton of meme coin in the market, there are a lot of meme coin on the market already and it is increasing day by day. It is also known that meme coins are just shitcoins and crypto investors that wants to put their money on real project absolutely won't invest on meme coins having the less chance of meme coins getting a traction on their project. The trend is what makes other meme coin fetch a high price before but today, it's obvious that meme coins isn't a trend anymore.

Memecoin is indeed a shitcoin that must be avoided if you don't know how to make hundreds to millions of dollars with memecoin. Whoever goes in first will have a chance, but many memecoins that appear just trick investors into putting their money in and then the coin is gone. must be very careful, do not invest all your money, use only a little money, if lost it will not burden the mind. Memecoin players are currently very aggressively promoting memecoin, they get a lot of money from the memecoin hype created and throw it away. memecoin is back in trend nowadays and just see how twitter is full of new memecoin emergence.

Questat

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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.

People had invested in meme coins because of the influence of social media influencers. Yes, they are tempting enough during the hypes as many people show their huge profit investing meme coins but it was not the one that we looked for, we need at least some assurance for the project to stay longer and it grows because of its potentiality not just during its hypes. Meme coins are known for their hype and Elon Muk's influence, not because they are valuable and have a use case which is a big factor why I don't encourage newbies to invest in them.

purinZ14

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Well, two reasons. First is hype. It’s literally called a meme coin which by its name it can already be assumed that there would be a lot of trolls who’d want to get in on it. Even if they weren’t exactly masters of cryptocurrency or altcoin, coins generated from memes or online communities will attract investors even if said investors didn’t knew what they were doing. They were probably just doing it for laughs and giggles. On the other hand, there would be investors who’ll think they’ve scored the next big project which of course most of the time isn’t the case. Who doesn’t want to put little money as possible and get the biggest profit out of it as possible? It’ risky, yes, but a lot of people are willing to cling on to that luck.

manhranguna8

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We can only invest a small amount of capital in memecoin. If someone invests all of their capital in memecoin, it's very likely that they could lose the entire amount.

Zee27

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Quote from: coin-investor on August 20, 2023, 09:06:03 AM

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.

All the blames is on Elon Musk, Doge is just a meme coin when he shills it to the community, it creates a huge noise Dogecoin became the most talked about and the most hype of that period from then developers tried to imitate the success of Dogecoin, and they succeeded on some meme coins like Shiba Inu and Pepe coin, but I doubt these meme coins are created to last like all the top coins in the market.
Right now many investors are losing their money only the creators and developers of these meme coins are making money, The time will come when people will get enough of these meme coins, hopefully, it will come sooner, We need more innovative coins, not Memes.

You can't blame Elon tho. It's still up to investors to decide whether or not they want to invest in memecoins at the end of the day.

Orange89

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I just love all the old day buying a coin and next day it goes to 10-15X easily just imagine you wanted to make good money in short term then buying meme coin is one of the good option it can you quick return but yes remember you can even lose your full amount it all depend upon the hype or the name they choose should be with the trend with strong promotion in social media as meme coin doesn't have any utility invest what you afford to lose but make sure to buy at the initial stage or project just launched to get the maximise profit you can be active on Twitter to know the trend oh sorry that changed it's named with X ha ha Grin

someone703

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It's like out there when someone hears about someone who just won a huge lottery ticket, and they pull together to buy a lottery ticket and realize it's not that easy or really a miracle. For those who win, there is no specific formula. With memecoin, the builders and participants alike create their own playground, there are true to life ways of funny bullshit interwoven with investment concepts to attract people like luck, a fact that I see many people and I accept it as a form of ponzi and gambling.

Cvetik56

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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.

No shit. I always told people this about memecoins. 99% of them are just pointless cash grabs with nothing but hype. They are not even trying to make fun of something, DOGE was the only one that was made purely as a joke.

Topic: Why we need to buy meme coin? - page 13. (Read 2744 times)