Topic: Why we need to buy meme coin? - page 3. (Read 2735 times)

Actually waking up from that dream just to work if you want to get rich instantly is not the right choice buying lots of meme coins just want to reap multiple profits, tens of thousands of meme coins on the market have all turned to ashes on the one hand they want to offer 100x profits even though all It's just a hoax, including the money collected from investors disappearing without a word, whether the idea for beginners to get involved in meme coins is basically where they can make profits which are impossible. It is very necessary for beginners to learn about this very volatile crypto world.

Yep, for example - DOGS and Mexc today. It had like 6-7x of the price comparing to other exchanges, so, it's was in everybody's hands to note that

About top 10 ranking altcoins i have no doubt but you should not expect satisfying profits, in top 10 you find Doge and Trx, i don’t say both of bad coins but i don’t buy these 2 coins because profit will not be decent as per as their stable price, and Doge is looking risky considering a meme coin. You can get satisfying profits even in top 200 coins, you need research about potential coin then make invest.

Memes aren't always fruitful investments; you need the right approach to assess when to enter and exit, and this way, you can leverage your assets. Sometimes exchanges like Bitget, Bybit Kucoin gate, etc. list valuable memes that can give up to 2x return, so it requires you to roam all across multiple platforms.

I agree with you that buying Memecoin is like gambling because Memecoin has a very high potential risk. Therefore, if you are in doubt about buying Memecoin then don't do it otherwise you will not be ready to lose all our money. It's better to buy altcoins that have strong fundamentals and have been proven to be profitable. You can buy the top 10 altcoins on CMC which have profit potential, especially in a bullish situation like today, the top 10 altcoins can provide satisfying profits.

Yeah, if there is an opportunity to go with BTC, it's, of course, more viable. However, most people want to see and feel the x's behind their investment, not the idea behind the coin or its innovation, thus, choosing memes (and learning the hard way that it can be risky).

Its really not a must to buy meme coins, even if the chances of becoming a millionaire is real as a meme coin investors the risk is just too high compare to investing in Arbitrum, solana or Sui, meme coins are a lot risky than other altcoins with good utilities.

I don't think I will miss out on much if I don't have meme coins in my portfolio, I already bagged up good altcoins with great utilities, anything between 10x or more is very OK by me, the choice is always yours but I advice you risk only what you can afford to lose.

You need a lot of luck with meme coins, you need to understand this now.

Yes it is real that investing in meme coins is very risky. But there are some meme coins that people have invested in and made a lot of money, which is like dreaming and getting rich in your sleep. But not all meme coin groups are new there are many meme coin groups that are very experienced they are coming to the market for a long time and are surviving as we can understand by looking at few meme coins. Maybe we didn't have the luck to buy all those meme coins beforehand. But not all meme coins are worth investing in. Most of the meme coins don't survive in the market, they stir up the market for a while and then become dull and most of the meme coins die. If you not lucky, you can't change your luck too soon.

I disagree with you on this and I hope you can tell those who have gotten themselves enriched through meme coins to steer clear of it, you will see their reaction. You see, this world of trading and investment is sweet, but at the same time, it is never away from risks, and in whatever you do in this life there is no way you would want to make more money without taking risks. Even Bitcoin which is now so much appreciated was because it blessed many people, however, if those people hadn't taken the risk at that time, would they be blessed?

I said these because I do not like people's tone about investment to be such that harbour fear, we will always make risky efforts before we make more financial success in many dealings. For this, instead of fear, I advise anyone who is taking the risk in the meme coins to observe a thorough DYOR. Such a person could even wait until such a meme coin is listed on top exchanges and carefully use the community size, liquidity flows and trading chart to make informed decisions.

Well I've been in crypto since 2016 and I've seen a lot of project not only meme coins but there are also altcoins that is good at start and in the next couple of year they will perish and gone completely together with the investors money, that is why investing in crypto coin is really hard because we don't know what is the future of the coins we invested not only meme coins.

Most people blindly invest into "meme" coins out of pure greed. Elon Musk has fueled the craze with his Dogecoin obssesion. Now the market is full of useless "meme" coins without a promising future. Around 99% of them are garbage. Even Dogecoin is having a hard time reaching a new ATH. It's now worth way less than it was 3 years ago. A bad long-term investment if you ask me.

If you want something serious, why not choose Bitcoin instead? You don't need to buy a whole Bitcoin (1 BTC) to get in the game. Buying fractions of a BTC (satoshis) will give you the opportunity of turning a profit without putting much burden on your financial life. Just remember to never put all of your eggs in one basket (diversification), and there should be nothing to worry about. You'll thank me later.

There is no one explicitely "making" you to buy the meme coins. It's a high risk - high reward type of thing, people sometimes like to give a try to something that could reap them some nice rewards just for nothing, or doing nothing, that's the beauty of it for many people. Some like to analyze the tokenomincs, the founders and investors, the collabs of the project, the contracts, and then make a decision whether this project has a possibility to shine or not. Always DYOR.

there are lots of meme tokens, and some of them are trending on the market every day, even though memes can make money but in reality we need to be careful because some meme coins are now surviving and even the price is rising because of the community itself, but we need to pay attention to choosing meme coins as an investment This is a very risky thing and there are still many meme coins that end up being scams, so it needs to be reconsidered.

You can't entirely say so because memecoins are one of those asset's that can give you a tramedus turn over with in the shortest time frame and that should be kept in mind, I think what is more important is to warn investors about the high risk in memecoins because most of them can easily get pumped and at the same time crash without any possibility of raising again, but then we should not outrightly condemned their market since memecoins are the hype of this moment we have to acknowledge their success and at the same level take note of their risks, most of the times we have gain alot from those memecoins but our inability to stay clear and away from more risk on other coins make us to lose the gain that we make previously and also lose out our capital trying to recover from them,
Memecoins should be taken as gambling and trading, don't take them as investment because their don't have long term capacity to keep being revelant and trackable success in the long term based, so you above comments can be taken to be a false alarm even though memecoins are high risk it shouldn't mean that we should avoid them in all totality,  I believe even in the next bull market, memecoins will be part of the market wave that most investors will be surprised at their performance, but only a few of those coins will act successfully in that time and most of those that will record that success may be unknown to alot of investors since their mindset is already clouded with the hype of memecoins which will mislead some investors to missout the legit coins among memecoins.

by buying meme coins we can make a profit, but we have to be skilled at choosing wisely even though investors often feel happy and interesting being part of this community because meme coins are a very speculative investment that needs to be considered, and can be used as a short-term investment currency, but must go through a process that certainly needs to be carried out thoroughly, which is much better with the potential for very high risks.

There are some good meme coins to get an easy profit but it is very risky, so it needs to be cautious before buying and not just to spend and lose the invested funds. And investing in meme coins doesn't follow the market cycle and is very unpredictable and it relies on whales and it's on us if we take the trend bait.

Most investments in the crypto market are speculative. However, the price of the meme is likely to be higher in the future. Before investing you should do extensive research before making a decision.

That is probably true but if we were to talk about long term period, bitcoin is definitely will be much more profitable. Bitcoin is reliable and a lot more stable than most memecoins if not most then all.

Memecoins usually do not survive after they reach some x amount of value. They dip and never get back up. Unlike with Bitcoin, if it dips it is temporary only and can go back up.

Memecoins are like other assets of altcoins with which you can earn you just need to diversify your investments hoping to guess the right ones

Obviously, people buy memecoins for the hype and the chance to make quick profit, right? In my opinion, meme coins are just for fun and the possibility of hitting the jackpot.  At least coins that call themselves meme coins are honest about having no real use. That's better than those shady projects that claim to be "the next big thing" and then vanish once they've scammed investors. But yeah, the bottom line is we buy memecoins to get rich quick. Just my two cents, though.