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Topic: Would you guys invest meme coins now? - page 6. (Read 2364 times)

sr. member
Activity: 1456
Merit: 251
August 03, 2022, 11:38:08 PM
When a market like this is a great opportunity to invest meme coins like doge coins and shiba coins indeed many say that shiba coins are no longer a trend today but I firmly believe that those who hold shiba coins today will make huge profits in the future. future, you can believe it or not.
member
Activity: 295
Merit: 98
August 03, 2022, 06:20:34 PM
Shiba Inu and Doge coin were really two meme coin that really sky rocket and took some lucky investors to the moon. The two above token/coin was really a good example that every other existing or upcoming meme projects should adopt. I have really been trading with wide-eyed open for any meme token that can take me to the moon 🌕🌝, I think is right to invest in other meme token but one must make a due diligence research on the project he or she is investing there funds
hero member
Activity: 2282
Merit: 589
August 03, 2022, 03:36:39 PM
Few days ago, I invest many coins as I can. If I have more money, then I invest more and more. I lost my money but almost five years of trading experience, I suggest if anyone invest such coins, this is the right time to invest.
Do you invest in meme coins, if yes then consider your investment before high losses because the meme coin trend is over and you are experienced from losses five years ago, you should be wiser in investing from analysis and research, but not looking for hype opportunities because there is no guarantee that meme coins will be resurrected for new trends. You should review tweet interactions from Elon Musk because of the value of his tweets since the meme coin is no longer getting support from the community.
full member
Activity: 562
Merit: 100
August 03, 2022, 03:31:55 PM
Few days ago, I invest many coins as I can. If I have more money, then I invest more and more. I lost my money but almost five years of trading experience, I suggest if anyone invest such coins, this is the right time to invest.
Investment on shitcoins and meme coins are not profitable and we should avoid such kinds of coin. We should find out profitable coins which have bright future. Buying meme coins can bear profit for short time but it will be cause for losing huge money here.
full member
Activity: 1638
Merit: 167
PredX - AI-Powered Prediction Market
August 03, 2022, 03:16:48 PM
So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
investing in meme coins at this time imo not really recommended because on average they don't have a definite future. just focus on investing in altcoins that have a good reputation and fundamentals like ethereum or bnb, because both have a definite future.
full member
Activity: 1121
Merit: 100
July 17, 2022, 04:26:42 AM
Few days ago, I invest many coins as I can. If I have more money, then I invest more and more. I lost my money but almost five years of trading experience, I suggest if anyone invest such coins, this is the right time to invest.
sr. member
Activity: 2618
Merit: 335
July 16, 2022, 05:05:41 PM
Personally I would invest a little amount of money in some popular meme tokens after seeing the massive spike in the price of Doge coin and SHIB last year I don't want to underestimate meme tokens although I understand that some meme tokens aren't going to survive in crypto currency market nevertheless there is possibility to make profit with meme tokens which has good volume in exchanges.
And you are right, we can't underestimate them but guess what, they are not the type of coins that are good for long-term investment. Might taking them during the hype could give you huge profit but if you miss them selling at a higher price, certainly you are in big losses. Think that these meme coins aside from Doge and Shiba are useless, we can't find them usable in the market but just a sort of market presence.

Anyways, you are on your own. Perhaps, you can pick any coins to invest as it was your money but please, don't overthink that meme coins could give you more as it was not.
People who just want a quick return, could get lucky with these things for a short term, but is this really what we want? Is this how we imagine we would get rich? Let's be honest, I would rather not take that risk and just have a longer term wealth made by bitcoin instead. I am not saying it's impossible, sure you could buy doge now, and when the bull happens and if Elon tweets suddenly you are rich.

But, would you really base all of your wealth on something like that? A tweet? Why? I prefer to do it the old fashion way of investing into blue chips of crypto and that way either I will make a lot of money or I will not make a lot of money but just a little money.
member
Activity: 430
Merit: 10
Tontogether | Save Smart & Win Big
July 16, 2022, 02:43:52 PM
as traders we can take advantage of coin memes as an opportunity to make profits.

However, now it is better to avoid coin memes, as they have no utility and are quite risky.
while the rise and fall of the price of the coin meme is only from the community support of each coin.
we can also see that coin memes are just a coin pump and dump, because of their high risk and high return nature, the sentiment that will affect coin memes is also only from fear of missing out (FOMO).

To invest in coin memes, you must think carefully because almost all meme coins can be mined easily and have an unlimited total supply.
full member
Activity: 653
Merit: 183
July 16, 2022, 02:29:15 PM
The crypto market is in a bear cycle and unpredictable so do you want us to invest in meme coins that are even more unpredictable? What kind of logic is behind that? In risk so let's invest in some more risky coins that exist solely on people's moods? No, I rather invest to have more BTC and ETH than waste my fund on meme coins that have no real use cases.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
July 16, 2022, 01:47:34 PM
So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
If we are talking about "now", most likely I will avoid investing on any meme coin. Sometimes, this kind of trading investment needs a lot of time to track it's popularity and market. As of the moment I do not like to think and look after that so I will refrain from placing any money into it. It is not that bad investment though.
full member
Activity: 560
Merit: 143
Active 24/7
July 16, 2022, 01:29:42 PM
Memecoin brings lots of Profits to the table when invested in wisely. They only exit in the Crypto space for a short time before liquidating into a serious dip. Investors use it to boost their portfolio during the best market and these memecoins only comes ones in a period. Once, Shiba Inu was a memecoin in the market, one of the trending token in the market and it trapped traders and investors while the wise ones always find their way out of the trap and sometimes make profits out of the memecoins.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 16, 2022, 10:20:37 AM
Sometimes I invest meme coins, but I never make it long term, the current red market conditions make many projects fail to survive, the best thing is that it is suitable for daily or weekly trading and with this simple technique we can get profit.

If you can pick a kind of Meme that is still trying to survive, short-term hold or even in a daily trading still possible to gain decent amount,

it just needs to do your research and not to fall with your emotions. Meme asset is more on opportunity or how you will be able to ride

With the short fame and leave before the heavy crashed take place. Taking the big risk but hoping that you'll be able to place your

investment while the asset still gaining attention and sells before fears dominate the market.
sr. member
Activity: 2422
Merit: 343
July 16, 2022, 10:00:05 AM
snip~
Interestingly, there are way too many people who are super excited about the potential of the made up memecoins. Why? I have no idea. Those people have no reason to actually be this much in love with NFT stuff or meme stuff because there isn't a good return anymore, most of them would lose money right now and did lose a lot of money for the past 8 or so months.

But for some reason, there are a lot of people who got tricked into liking memecoins and they just kept it going. This is why I believe that we shouldn't really be shocked at these people, but we should stay away ourselves. I never invested into any memecoin so far and I have zero plan on ever doing that.
Well, I don't care about meme coins but I understand why some people have been in love with these projects, and that is because they got the influence of others saying they can be rich upon investing in these projects. They believe that memecoins will always live in hypes but unfortunately, it doesn't forever. Imagine of how many new investors got fool and loss their money from investing Dogecoin after the hype, it is countless and I was sure they won't invest memecoins again.
full member
Activity: 1484
Merit: 101
July 16, 2022, 09:55:04 AM
Sometimes I invest meme coins, but I never make it long term, the current red market conditions make many projects fail to survive, the best thing is that it is suitable for daily or weekly trading and with this simple technique we can get profit.
legendary
Activity: 3276
Merit: 1128
July 16, 2022, 09:03:54 AM
At this point where bear market condition badly hit those shitcoins on the market? Provably not because for sure all of them will be dumped by its old investors and will settle for stable coin and prepare for another coins to buy. But if you are planning to grab some and can afford the risk then try to grab those bigs meme coins exist and not the new one because they have more good chances to recover once the next bull run came.
Interestingly, there are way too many people who are super excited about the potential of the made up memecoins. Why? I have no idea. Those people have no reason to actually be this much in love with NFT stuff or meme stuff because there isn't a good return anymore, most of them would lose money right now and did lose a lot of money for the past 8 or so months.

But for some reason, there are a lot of people who got tricked into liking memecoins and they just kept it going. This is why I believe that we shouldn't really be shocked at these people, but we should stay away ourselves. I never invested into any memecoin so far and I have zero plan on ever doing that.
full member
Activity: 2352
Merit: 245
July 16, 2022, 08:20:58 AM
Invest meme coins are like a mystery, sometimes we think they are dead coins but continue to rise and become profitable, but we hold many and look convincing because they often make AMA events with very competent sources but it turns out to be sinking and becoming a scam, and for now I don't invest in meme coins.
Why buy meme coins when we see that they have no useful value, and their sometimes high price is formed only due to temporary hype? I don't see any point in this. The risk here is much greater than when investing in conventional cryptocurrency. Only those who buy them in the initial stage before such a hype make a profit here. But now that these much-touted meme-coins have dropped significantly in price, and many of them are apparently forever, it will be very difficult, if not impossible, to artificially raise their price again.
Besides, why take such a risk if we have useful and potential coins for price growth?
full member
Activity: 785
Merit: 105
July 16, 2022, 04:17:52 AM
Fad trend, with teams pumping hype to entice new entrants into dubious profits I myself have never seen memecoins attractive. I have also seen them increase rapidly and drop in price rapidly after. The fact that the top exchanges are also responding to users' trading needs is only part of the hype to attract more customers.
hero member
Activity: 2842
Merit: 625
July 16, 2022, 03:08:23 AM
For now no, it looks like the trend of meme coins continues to decline,
It's all due to the market's situation and that's why it includes the meme coins in the continuous declining  of it. As the whole market goes in a bear market, meme coins are not exempted.

as evidenced by the number of meme coins that have disappeared or dropped significantly
IMHO, actually, this is better. More meme coins to be gone because these developers have thought that there will be a never ending cycle for the memes so they develop every time and new meme coins.

at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.
Many of those INU projects will decline for sure and one of the few to survive is likely shiba.
hero member
Activity: 2590
Merit: 644
July 15, 2022, 06:55:29 PM
So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
The bear market makes it too risky to invest in new meme coins especially that they have not proven their utility cases in the community. Well, meme coins have certainly no long term utility cases even those old meme coins, as they only remain in the market because of hype. However, if you want to take the risk and invest to get thrilled and excited, then meme coins could give you that. Either you lose your funds instantly, or you gained with short term profiting. But as a friendly advice, if you are looking for long term investments, stay out from meme coins and focus more on bitcoin and in some old and established altcoins.
^ There is no ever-called utility to these meme coins, the price was pumped and keeps pumping because of the community who supported it or probably a group that continuously has a pump and dump strategy that can attract investors. If you have a plan to invest, it seems like you are throwing money away or you gambled your money with a 1% odds which is very impossible that you will get a profit in the end, especially in long term.
Be careful of short-term profiting, you probably get trapped and ended up losing the value of your meme coins holding, it is very risky.
hero member
Activity: 3038
Merit: 647
July 15, 2022, 05:36:35 PM
So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
The bear market makes it too risky to invest in new meme coins especially that they have not proven their utility cases in the community. Well, meme coins have certainly no long term utility cases even those old meme coins, as they only remain in the market because of hype. However, if you want to take the risk and invest to get thrilled and excited, then meme coins could give you that. Either you lose your funds instantly, or you gained with short term profiting. But as a friendly advice, if you are looking for long term investments, stay out from meme coins and focus more on bitcoin and in some old and established altcoins.
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