Topic: Why we need to buy meme coin? - page 8. (Read 2744 times)

The memecoins investments are something of just assumption and prediction, they can help a person grow wealth by just merely investing with them despite knowing fully well the possibilities of losing everything being invested. It is advisable to invest in this memecoins with little money or probably when a person has enough of resources to spare.

Young people like meme coins and they invest in them because they see the hype and the way to earn money without delving into the essence of the project. This is how a young society works. If I had been told in 2017 that dogecoin would be in 11th place in the top, I would never have believed it, but now it's reality.

Exactly.  Most people actually realize it but because of theor greed they still end up buying coins of those rediculous projects.  Knowing is half the battle, acting upon that is another level.  Memes were a fad in 2020/21 I don't think they are gonna have another run like that.  There is too many coins out there to spread the money around.

Only short-term profits. Long-term speaking, you will end up losing it all as people move on to the next big thing in crypto. It's totally not worth it. "Meme" coins are nothing more than pure cash grabs by developers themselves. Early whales/investors are the ones who benefit the most, while the rest will get "rekt" in the long run.

Instead of buying "meme" coins, why don't people buy coins with real use cases? I'm talking about coins with active development and innovation. BTC, ETH, ADA, MATIC, and even XMR are better options than "meme" coins. It's a "free market", anyways. So you get what you pay for. One would hope the crypto industry moves away from being a speculative one to a more serious one (driven by utility) in the future. Anything's possible in crypto land, right? 

Well, we must always be prepared for the risks we take if we expect profits from the investments we enter. Because in fact, everything always has its own risks. In investing and trading everything is the same. It depends on how skilled we are at choosing what really has potential and what doesn't. Likewise in Meme Coin. But in meme coin we must always be able to use money that is ready to lose.

I guess for me, meme coins are just for speculations and short-term gambling and at that we need to know which is the right coin to hold and at what level we hold those tokens because if you got in then the market is already at its dead end you may end up losing your investment.

But if you are smart enough to hold the right meme coin mist especially those who are at the early stage and can have stock up the coins at their lowest level which is the best entry point,  and for sure before you buy into such coin at early market price,  you have to have the expert experience to chose the right coin to invest in,  and you should not fail to sell them when the price state to make wave when it just got listed on an exchange.

Actually i am not a fan of meme coin. Although last bull session meme tokens are huge pumped. Mainly Doge coin, Shiba inu are huge pumped. We know last bull session who are invested on meme coin they are huge profited. Many people earned million million dollar from Meme coin. I think in future meme coin also creat more milionrs. And it has been more colourful world rich man Elon Musk promote doge coin. Then it's populate has been more high. I also think in future meme coin will more popular. So i think many people meme coin will buy again and again.

Of course it is true that many memecoin investors are now millionr but it may not be our luck so the risk should not always be taken. You should know that memecoin has high risk and hundreds of memecoins enter the market and after few days they run away. Investing in a memecoin means putting your money away indefinitely. However it is possible to profit from many memecoins in the bull market ahead.

Even Bitcoin itself carries some risk,but the truth is that meme coins are often considered the riskiest in the cryptocurrency industry. This is because many meme coins are created with the intention of scamming people. The teams behind these meme coin projects are primarily focused on making quick profits rather than building a sustainable product. Consequently, many meme coins fail to last in the crypto market. Investors should be cautious when considering meme coins, as they are often susceptible to market manipulation and fraudulent activities. Due diligence is essential to avoid falling victim to scams and losing investments. It's important to thoroughly research any meme coin project and assess its legitimacy before investing any funds.

The promise of quick, substantial profits spurred by hype attracts a lot of people to meme coins, but it's important to realize that investing in meme coins carries significant risks, similar to gambling. Despite this, a lot of people continue to invest in meme coins, often hoping to hit it rich quick. Although the lure of quick gains may be alluring, it's crucial to approach meme coin investing with caution and to be aware of the inherent risks involved in such speculative ventures.


While it's true that not every new project in the crypto market is necessarily bad, it's becoming increasingly challenging to distinguish the good ones from the bad ones. Amidst the influx of new projects, it's imperative to exercise caution as many may have ulterior motives. For those considering investing in meme coins or any new crypto venture, it's wise to proceed with extreme caution and only allocate small amounts of money. This minimizes the risk and potential loss, ensuring that even if the investment doesn't pan out as expected, the impact on one's finances is limited.In such a volatile and uncertain market, prioritizing risk management is crucial to safeguarding one's financial well being.

I think that kind of risk also applies to meme coin investing. they invest in meme coins in the hope of making big profits in a short time without considering the risk that they could lose most of their investment.
This means that all investments that promise large profits in a short time must have very large risks. The main goal of investment is not only big profits but also security and the risks faced.

Despite knowing that memecoin has risks, we buy it because of the huge profits that can be made. There are many new investors who have the potential to get rich suddenly and spend a lot of money to buy memecoin without understanding anything. We are willing to take risks in crypto investing but it is important to be aware. If you invest in altcoins where the risk will be low and if you start trading without experience the risk will be high. So there is risk in everything and the crypto market cannot be single handedly profitable.

all meme coins are risky that's my opinion.
But there are still many investors who like the coin.
But whatever the coin is there may be good and bad sides.
so that true investors can analyze all the meme coins.
and understand more

Meme coins often emerge with flashy promises, enticing investors with dreams of sudden wealth. However, their reality can be quite different. These coins tend to have a shorter lifespan because their teams are often composed of inexperienced members. These newcomers enter the market, collect capital from investors, and then struggle to sustain their projects. It’s essential for investors to exercise caution and thoroughly research any meme coin before diving in. Remember, not all that glitters is gold!

For me, meme coins are just for gamble and nothing more than that i can't refer to holding meme coins as an investment because there is no future guarantee for the investment and also it value can change within some seconds without any notice, this is what has been on the play for a long while now and that is why we always advise that you take them as just for speculations and nothing more.


Meme coins have a lot of risk factors and elements that make it almost in possible for anyone to have a successful long-term potential for the coins, so just gamble with meme coins and in gambling we have to only risk an amount we can afford to lose and still be comfortable with.

Memecoins will always be part of the cryptocurrency market therefore we have to accept them and look for ways we can manage them and make them not to destroy the trust of investors in the cryptocurrency market. There are many reasons why I can say we need memecoins as they're also cryptocurrency and brings about the free nature of the market. We're free to invest into anything we like therefore memecoins are receiving Investment from investors even when they know them as a joke.

Memecoins have made many new investors buy profits that would have taken them many years to realize and the chances are still little but the introduction of memecoins has made it possible for them to become rich. Many of us misses out on the chances of investing in the big projects due to the secret seed funding that we weren't part of but memecoins are very open and give us all the same chances to invest.

So does every new projects then, the team have less experience and some of the good projects right now were coming for less experience team as well. The only thing that make it different is how they handle the market and actually engage the community really well. Meme coins relying on the community to live up its hype and once the community is gone so does the project.

You don't need to buy meme coin, sure you can try if you are okay to take the risk when the coin first launched if it's suitable for you. But don't expect much from it.

Investing in meme coins where success is a matter of luck. We have seen that all the meme coins that survive are listed on very good exchanges. But I think it's better not to go too far in hoping to get rich with meme coins. Always better to go ahead with Bitcoin and top position altcoin. Low risk, low profit but safe investment should be desired by everyone. Those who invest in nonsense meme coins hoping for more nature are the ones who suffer the most.

The goals and choices are of course different in choosing a strategy that is suitable and easy to implement, perhaps the level of risk and reward ratio will be adjusted to the trading plan in the end. The higher BTC rises, the greater the potential for a dump.

Well, I think related to this, in terms of making decisions it comes back to us again even though no one can intervene in what decisions we will take for our life or trade. In the end, the experience is different from other people who will talk about generalizing it.

Isn't it wiser to just invest that amount to accumulate more fragments of bitcoin? rather than risking that money to memecoin which more than 90% of the time won't get you nowhere. There are like a thousand of these memecoin in the market, but only a handful of them had become successful and earn good value in the market.
There is a lot of risks lies in investing to a memecoin, you'd be burning a lot of money "that you can afford to lose" and you're not going to probably receive anything back from it. I'd personally say that if someone is planning to get lucky on memecoin, trying to buy an early phase should just opt to buy more bitcoin, because you will never know which memecoin will take off next from all the other hundreds of memecoin being introduced in a daily, weekly, and monthly basis.

Though, are we also supposed to ignore the damage memecoins can do to the credibility and seriousness of this community and the market?
We all have something in common, we want Bitcoin and alternative currencies to become mainstream in the world and in our societies, so for us (investors) to earn money and also have more freedom in our societies to transfer and manage our own money in a decentralized way. How serious some people will think we are when they first approach an exchange there is a lot of food tokens and dog coins which are also in the company of Elon Musk coins? Many of them will get away because of it, I have got no doubt about it.
Most of memecoins do not give anything of value to this ecosystem or the market, most of them are scams or lose their value extremely fast, it is basically a gamble. If people feel like gambling, it would better for them just to go to a casino and try their luck there, instead dumping their money into the pockets of scammers and continue to encourage them to create more fake projects and fake coins.

Sometimes it is very astonishing how there are people willing to buy garbage memecoins using thousands or hundreds of thousands of USDT, just to gamble.