Would you guys invest meme coins now? - page 7.

ScamViruS

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Quote from: Kunnu on July 15, 2022, 06:25:38 AM

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.

These coins can be bought if you are interested. But you must be aware that buying this coin can be a risky decision, because the reverse trend of this memecoin can be started considering the market conditions. Because some recent incidents should teach that even solid top coins have crashed.

So I think you should research more and find solid projects and invest in those projects instead of this memecoin.

lixer

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Quote from: I_Am_Chamara on July 08, 2022, 01:56:25 AM

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.

I believe that kucoin, binance and other top exchanges won't risk their reputation by promoting a meme coin because they also know how risky it was. What can they only do is list them because they are being paid with a big amount and I think that act was still fair since they are a crypto exchange but if there is something wrong with the coin they can always remove it and warn others about it. When it comes to youtubers I think some will do it.

Those who are not afraid that their accounts will get banned for spreading a lie in exchange for a nice amount of money. We are now in a bear and bear is also known as accumulating period but this applies only for the safe coins and not for the meme coins, sorry.

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Quote from: Pujangga on July 15, 2022, 09:26:26 AM

For now no, it looks like the trend of meme coins continues to decline, as evidenced by the number of meme coins that have disappeared or dropped significantly, at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.

Meme asset mostly seasonal, when there are numbers of whales playing with certain coins whatever the situation around

they are capable of pumping the coin and start the interest of other investors who also love to ride. It's too risky, but if you've got

lucky and you manage to take the right timing, the money is always at risk since meme will always be meme and it's up to you

if you are willing to take your chance,.

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Quote from: I_Am_Chamara on July 08, 2022, 01:56:25 AM

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.

Many crypto investors hold at least one meme coin in their wallet. Because they think that at any time this coin can be pumped to the max. However, not all meme coins are legitimate projects. so before investing on any meme coins everyone should research carefully. I hold two meme coins as per my experience one is doge coin and other is shib coin i deserve both are the potential meme coins.

Pujangga

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For now no, it looks like the trend of meme coins continues to decline, as evidenced by the number of meme coins that have disappeared or dropped significantly, at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.

evichi

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I will first research the meme coin based on its use cases/utility as well as the project team experience. Some meme coins have utility uses like swapping, staking, etc. It all depends on the functionality and the bases for designing the coin. With satisfactory findings I can invest in the meme coin - ensuring that I will only invest what I can afford to loose.

Questat

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Quote from: Kunnu on July 15, 2022, 06:25:38 AM

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.

Kunnu

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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.

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Quote from: Rigon on July 14, 2022, 07:37:10 PM

The current market is totally unregulated. Investing in this market is very risky. But of course good coins can be invested Those of you who want to invest should refrain from investing in this meme coin.If for long term you can invest for long term by buying Bitcoin BNB and Ethereum all these coins.Also don't just lose your funds by investing in shit coins.

I am not against investing in meme coins but I think now is not the time to invest in memes, we should focus on the top coins as you mentioned. We also profit from memes, but they are short-term investments, so we suggest waiting until a bull market appears before investing in memes, then it's the right time to profit from meme coin, bear market will only lose money if invest in meme.

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Quote from: Rigon on July 14, 2022, 07:37:10 PM

The current market is totally unregulated. Investing in this market is very risky. But of course good coins can be invested Those of you who want to invest should refrain from investing in this meme coin.If for long term you can invest for long term by buying Bitcoin BNB and Ethereum all these coins.Also don't just lose your funds by investing in shit coins.

True its not a good idea to invest in meme coins even their price is quite cheap now unless you're willing to take risk and can accept the possibility that you might waste your money if you invest in these coins. Well, its hard to earn money, that being said its just wise that we are careful on where to invest our money right? Therefore choose the coins that can give you less risk and likely for you to gain in the future like the top 10 coins in CMC. Anyway the decidion is still up to us.

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The current market is totally unregulated. Investing in this market is very risky. But of course good coins can be invested Those of you who want to invest should refrain from investing in this meme coin.If for long term you can invest for long term by buying Bitcoin BNB and Ethereum all these coins.Also don't just lose your funds by investing in shit coins.

Russlenat

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Quote from: I_Am_Chamara on July 08, 2022, 01:56:25 AM

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 have seen how Shiba Inu and Dogecoin rose and fail, that's how most likely the fate of new meme coins these days. Though its never wrong to invest in them, since they also give investment opportunities, but if you are aiming for long term profiting, meme coins will never give you that. They only grow their value when they are hyped, more than that they are nothing but only useless tokens. However, its your money, so its your end choice that counts.

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Quote from: Finestream on July 13, 2022, 06:49:03 PM

Quote from: Natalim on July 08, 2022, 02:34:22 AM

It makes no sense...
Why I should, in fact, the reason I come and invest crypto is to make money, not to lose it. If you are aware of their background OP, you can also tell yourself why?

Though Shiba Inu has in good business already but being known as a meme coin, that can be uncertain thinking for a long-term investment. That can't be considered as the potential coin as sooner or later, that can be like other meme coins IMO.

Well, some meme coins have been giving good fortune for those who take risk investing in them, but all those things are just temporary. The reason why we are here in crypto is to look for long term investments, and meme coins are simply exclusions. I hope OP you are not only here for quick rich stories, but because you have faith and patience that long term investments like bitcoin and established altcoins will paid off in the end.

Threads like these and asking about memecoins are frequently popping into the discussions every now and then, these coins are classified as sh*t coins because they don't have any utiliity and use after all. Those people who had been riding with the hype last time are somehow lucky because they got what they wanted but for the others who unfortunately lost the investment because they rode the wrong bus that time.
I get that these coins are still counted by others in their portfolio, but personally, I'm taking a safe distance because the risk is just too much to bear especially when we have Elon trying to manipulate it.

Issa56

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Investing in meme coins is not really a good idea, from your post I think you are use to investing in meme coins which is just like a gambling, I won't advise anybody to invest in meme coin, the only coin that is trustworthy now is Bitcoin, I think it will be better if you use the money you are planning to use and invest in meme coin into bitcoin, just buy and hold and wait for the bear market to be over and you will make your money, investing in bitcoin is not gambling but investing in meme coins are pure gambling.

Samurai trieng

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if you look at the crypto market which is still in the bear market method, I think investing with coin memes is not the right choice because coin memes have a very high risk, namely they will not be able to grow when the crypto market will recover, but if we invest with coins that have good potential and prospects such as ethereum and binance the opportunity to be able to make profits is very wide open when the crypto market will recover in the future.

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Quote from: tvplus006 on July 14, 2022, 06:54:39 AM

Quote from: dunfida on July 12, 2022, 05:53:16 PM

Meme coins are shit and aside from DOGEcoin itself then there's no other meme coins that could beat it up.SHIB is just been hyped thats why it do able to reach out on the position that it does have currently now...

Yes, there is no competition for these meme coins today. And if you still decide to buy these coins, then you should stick to short-term trading with an obligatory stop loss setting. And if such a purchase coincides with Elon Musk's shill, then you will have a good opportunity to make a profit.

Doing something like that could work, but the problem is that those which trade coins like dogecoin end up believing their own lies and think that dogecoin can actually amount to something on this market when that is not true, dogecoin is an asset which can be used to speculate with and nothing more, anyone that dares to invest in that coin for the long term is making a crucial mistake which sooner or later they will have to pay.

ultrloa

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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.

Wakate

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Meme coins are out of the box for now and I do not see it as an alternative for investing when there are many good coins in the market that can give good profits than investing in a meme project that could fall anything time or become rug pull. I know there are few meme coins I have seen in the market but I still don't think they are safe for all investors. If I have to invest if any, then I will prefer investing for a short period of time so I don't lose my entire profits to poor project team.

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I’d sling a couple of grand in to a meme coin for sure. The thing is, the ones that exist currently might not be the best investment for the next bull cycle. They might have been exhausted of profit if you know what I mean. Definitely it’s a good idea to keep an eye out for whatever meme coins appear early in the next bull cycle though.

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Quote from: dunfida on July 12, 2022, 05:53:16 PM

Meme coins are shit and aside from DOGEcoin itself then there's no other meme coins that could beat it up.SHIB is just been hyped thats why it do able to reach out on the position that it does have currently now...

Yes, there is no competition for these meme coins today. And if you still decide to buy these coins, then you should stick to short-term trading with an obligatory stop loss setting. And if such a purchase coincides with Elon Musk's shill, then you will have a good opportunity to make a profit.

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