Why we need to buy meme coin? - page 4.

sulendra12

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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.

You don't need to buy meme coins unless you have to because the risk of getting profit there is really high and I don't think you can actually go for consistent profit by just selling meme coins. There are tons of scam on meme coins to just grab and lure those FOMO investors because they think they can get the same thing on every meme coins. It's good if you catch some good ones but don't think you need to buy those.

laijsica

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Quote from: Maestro75 on June 03, 2024, 06:38:37 AM

Quote from: doubletheprof on March 07, 2024, 09:36:00 AM

Theres no need to buy memecoin

You can not say that because there are people who like to take that risk buying memecoins and some of them succeed doing it. You can not tell people like that who have made their profit in memecoins that there is no need investing their money in that. To make huge profit in cryptocurrency means you have to take risk. Nobody became rich not taking risk. To make nice profit you have to invest huge amount and wait for it to rise. Memecoins will give better profit than bitcoin within a short period.

you are right Investing in altcoin requires you to take full risk where most developers believe the hype. Most of the altcoins are indifferent to their buyers properly profiting their investment. Many have made high profits on memes with their high risk. But it can be an investment currency for short term but you have to go through the selection process thoroughly. Errors in the sorting process can cause you to lose your hard-earned margin.

Andrija Branislav

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Quote from: Kocret02 on June 03, 2024, 09:31:58 AM

What you need to know is that it is not only memecoin developers who collect funds from investors because almost all altcoins conduct private sales to collect funds from investors with various profit offers. so don't judge memecoins because memecoins are part of altcoins. and please study altcoins further so that you will find out how many altcoins no longer have value and have disappeared from circulation. and pay attention to Dogecoin, this is one that is considered a memecoin but still survives to this day.

Pretty much. and quite a few people have become victims of buying shit coins after we bought one of them. Apart from that, there are also coins/tokens which after we participate in the campaign also end like that.

I think, this is where we have to choose and sort out which roosters will grow well in the future and be able to withstand market fluctuations.

Kocret02

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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.

What you need to know is that it is not only memecoin developers who collect funds from investors because almost all altcoins conduct private sales to collect funds from investors with various profit offers. so don't judge memecoins because memecoins are part of altcoins. and please study altcoins further so that you will find out how many altcoins no longer have value and have disappeared from circulation. and pay attention to Dogecoin, this is one that is considered a memecoin but still survives to this day.

Maestro75

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Quote from: doubletheprof on March 07, 2024, 09:36:00 AM

Theres no need to buy memecoin

You can not say that because there are people who like to take that risk buying memecoins and some of them succeed doing it. You can not tell people like that who have made their profit in memecoins that there is no need investing their money in that. To make huge profit in cryptocurrency means you have to take risk. Nobody became rich not taking risk. To make nice profit you have to invest huge amount and wait for it to rise. Memecoins will give better profit than bitcoin within a short period.

Ngemmeng

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Maybe it's true, the goal of most people buying meme coins is to make big profits in a short time, but what happens is that they lose most of their investment. Moreover most of the new altcoins cannot survive because competition in the crypto market is very tight (including meme coins). It is noted that of the many meme coins there are only a few that can survive and remain hype such as doge, shiba, pepe, wif, and bonk. This means that finding meme coins that can provide big profits is not easy, besides that you can also lose most of your investment because the price of new meme coins is very volatile and easy to manipulate.

Rasa nanas

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there is no attractive offer because meme coins have no utility, and they also do not require a professional team because meme coins do not require any team. all they need is hype because that is what makes meme coins valuable. investing in meme coins is the best way to become rich as well as the best way to become poor. The best step is to be wise in determining the investment value because investing in meme coins is considered a high risk investment.

Mate2237

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Op you have not told us the need to invest in memecoins. And memecoins can't make you rich suddenly instead it will make you poor suddenly if you didn't invest in the right ones. Memecoins are not for Short term investment and their movement is very slow there are time, two to three years they are still in one place but in bitcoin highest one year it has changed position either up is down. But if one can endure in memecoins and invest in it for a long period of 5-10 Years interval then you can make profit from the coin and if only the coin will be still on existential.

Before you invest in memecoins you have to now that they are very risky and risky in the sense that , they can collapsed at anytime or below your investment capital for the years you have invested. So you are at lose even in the long term investment.

Makus

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Meme coins are indeed the most risky among altcoins to invest in, and at the same time they are very profitable if you manage to get into the market early. Majority of meme coins are shitcoins and they don't last long, so if you intend investing in any memecoin then you should be able to bear the risk and remember not to invest too much that will cause regret if the project crashes. Personally, I don't like altcoin investment not to talk of memecoin because I see it as another indirect form of gambling professionally.

Pedrination

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From my perspective, altcoins pose a certain degree of risk, but meme coins amplify that risk significantly. The history of meme projects disappearing without a trace has left many investors questioning their decisions. Despite this, the allure of striking it rich with the next big meme coin remains strong, driving investors to continuously seek out unrealistic gains. This cycle seems to repeat endlessly, with new meme coins constantly entering the market and tempting investors with the promise of astronomical returns. It's a trend that, from where I stand, perpetuates a cycle of hopelessness and addiction within the market.

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Quote from: dogemoon on March 07, 2024, 06:39:49 AM

NO. Dogecoin was already in the top before Elon. It was probably the second most popular currency until the arrival of Ethereum

...

Due to its success, imitators like Panda, Coinye West, Nyancoin, or Norriscoin emerged. Only Dogecoin survived because of its community and its potential as a real currency. With tokenization, it became easier to create unlimited altmemes, and with the huge liquidity of Bitcoin, they could be pumped.

That's certainly true, mate. DOGE was a popular "meme" coin long before Elon Musk discovered it. Early coins like Nyancoin and Panda failed because they lacked interest from mainstream traders and investors. But with "meme" coins experiencing a resurgence in popularity, it's likely we'll see these projects "resurrect" soon.

The main reason why people are buying "meme" coins is because they want to get rich quick. Not because they believe in crypto/Blockchain tech. Despite the fact that "meme" coins are worthless, they're a great way for noobs to learn all about how crypto works. You can make payments without "breaking the bank". It's hard to tell which "meme" coin will become the next big hit due to the uncertain nature of the crypto market. Only invest what you can afford to lose. As long as you do that, there should be nothing to worry about. Grin

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Quote from: Y3shot on March 08, 2024, 06:30:11 PM

I don't think memecoin is even necessary for one to invest because their are lots of them in the market that not reliable. Since memecoins are unpredictable it is better people consider top cryptocurrency that if one hodl their is good tendency of making profit than investing in memecoins that can never be predicted. Most of the memecoins in the market does not even have value.

Basically, investing in meme coins is a very risky investment. That's because the purpose of creating meme coins is unclear. However, there are reasons why people choose to invest in meme coins. If you look at the price increases that occur in popular meme coins such as shiba, pepe, and others, then you will see a very high increase. some meme coins even rose above 300%, or even more. well, people who invest in meme coins are aiming for that. Apart from that, I also feel that they use money that they are willing to lose, because when something unexpected happens, then they can let it go.

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Quote from: Y3shot on March 08, 2024, 06:30:11 PM

I don't think memecoin is even necessary for one to invest because their are lots of them in the market that not reliable. Since memecoins are unpredictable it is better people consider top cryptocurrency that if one hodl their is good tendency of making profit than investing in memecoins that can never be predicted. Most of the memecoins in the market does not even have value.

Of course meme coins are not worth investing in, especially for the long term. because meme coins are usually very volatile, this happens because their supply is very abundant and of course their popularity is largely driven by influencers. In addition, meme coins are different from altcoins, meme coins do not have a specific function or clear goal for the future. So if you are a beginner in the world of crypto, it is better to avoid meme coins, prefer to invest in bitcoin and top altcoins as they can minimize your losses.

Y3shot

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I don't think memecoin is even necessary for one to invest because their are lots of them in the market that not reliable. Since memecoins are unpredictable it is better people consider top cryptocurrency that if one hodl their is good tendency of making profit than investing in memecoins that can never be predicted. Most of the memecoins in the market does not even have value.

Ben Barubal

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We are not obligated to buy meme coins; it is a matter of choice. That's why a lot of people buy meme coins because they hear a lot of news that they suddenly got rich with a small amount just by investing in a meme coin that suddenly trended like Shiba Inu and Pepe Coin.

So maybe they also think that many meme coins will raise the price when the bull run comes. But they don't think about the risk of meme coins. If the risk is high in altcoins, it is even higher in meme coins. You just need to know how to read potential coins, whether they're altcoins or meme coins.

Y3shot

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Quote from: Volimack on March 07, 2024, 07:30:48 AM

Memecoin's value remains questionable among investors as these commodities have no real value and are highly speculative. An unlimited number of memecoins is also incompatible with bitcoin's proof of work. With these caveats in mind one can invest in the best meme coins. I prefer to invest long term so I will never go to memecoin I will hold the top coins for long term investment. Memecoin has no intrinsic value and rarely provides any real value or utility.

To me meme coin is something that I can't trust to invest my money and it is something I wouldn't expect much from because the market is not what one can rely on. Altcoins are very , it will be better if one is thinking to invest memecoins it should be with amount of money that even if it get lose in the market it won't be a burden. Investing in memecoins should not be a means of how money can be generated, people need to be very careful the way they deal with altcoins.

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Quote from: Mehedi72 on March 08, 2024, 07:29:56 AM

Quote from: jrrsparkles

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

actually nobody cares about technical perspective but money matters which is the main thing why people still have interested in memecoin investment. Still there are lots of mememcoin which are pure scam, no use, development or no aim. They are just active based on creating hype and so people just buy those only for money. Cause memecoin made people rich in previous bull run. But nobody guarantee that, you can be rich with memecoin cause these are created to be scam as op said. So need to be careful from memeocin

That's right, memecoin was actually created just to make coins more popular, in fact the supply is not limited. nor are there any clear fundamentals. This is different from altcoins which were really created for technological advancement, for example DeFi, or even NFTs.
So think carefully when choosing to invest in this memecoin. even though it can make you suddenly rich from memecoin.

Mehedi72

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Quote from: jrrsparkles

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

actually nobody cares about technical perspective but money matters which is the main thing why people still have interested in memecoin investment. Still there are lots of mememcoin which are pure scam, no use, development or no aim. They are just active based on creating hype and so people just buy those only for money. Cause memecoin made people rich in previous bull run. But nobody guarantee that, you can be rich with memecoin cause these are created to be scam as op said. So need to be careful from memeocin

Sayeds56

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Quote from: Tigerheart3026 on March 07, 2024, 08:45:00 AM

some people's dream can turn into true but not for everyone, mostly investors losses a lot of money by investing in the meme coins so be careful, before invest in meme coins, firstly you have understand about it's high risk then come to profits. you holding 2 big hype meme coin but don't expect those will be always increasing.

Certainly, investing in meme coins can be highly risky and it is important for investors to evaluate their financial situation and risk tolerance level before putting their hard earned money in such a highly volatile asset. There are some success stories of investors who made their fortune in meme coins, on the other hand the people who lost their life saving in meme coins are in much greater number. Hence, it is advised to take a cautious approach towards such a speculative venture. DYOR

doubletheprof

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Theres no need to buy memecoin

Topic: Why we need to buy meme coin? - page 4. (Read 2744 times)