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Topic: Would you guys invest meme coins now? - page 8. (Read 2381 times)

member
Activity: 162
Merit: 13
Where Digital Assets Meet Real Life Value
July 14, 2022, 06:35:19 AM
#88
Either way, right now it's best to hold off on investing in meme coins, look at the prices of fundamental coins like ETH, BNB and others in the CMC Top 10 rankings,  if you look at the price, it's very low, Even more so with meme coins.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
July 14, 2022, 04:16:53 AM
#87
Investing in meme coin is just like wasting your time and money, why invest in meme coin when we can invest in good quality projects, meme coin is very risky it has no use case and most of the meme coin has no good feed back from the investors that invest on it, it depend luck but most really lost on investing into it. There is a lot of good coins that is very cheap this bear market so we can choose a good coin right now.
hero member
Activity: 3052
Merit: 606
July 13, 2022, 06:49:03 PM
#86
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.
sr. member
Activity: 1876
Merit: 347
July 13, 2022, 06:19:39 PM
#85
I think meme coins have a negative impact on the market. In fact, I think that projects that do not benefit in general harm the cryptocurrency world. Such projects should be supervised by certain authorities.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
July 13, 2022, 05:58:24 PM
#84
Although meme coins are not highly recommended for investment, but like you said there is still a possibility that meme coins will provide
huge profits. So in the end everyone has to make their own decisions, everyone has the freedom to choose to invest in any coins.
Of course, each person has his own right to buy any coin, including meme coins. There is nothing wrong to invest in meme coins as long as we know how meme coins nature. But for beginners, it is not recommended to invest in meme coins because it is riskier than investing in top coins. Meme coins are only for those people who know well its nature and have good experience in crypto investment. Experienced investors know how to invest or trade effectively with meme coins, they won't be trapped by the hype but take advantage of the hype on meme coins. So, they can gain big profits from meme coins price that fluctuate significantly.

sr. member
Activity: 1876
Merit: 318
July 13, 2022, 05:47:23 PM
#83
Gone are the days. Exchanges make money so it does not matter. I believe Memes coins hype is over and I don't expect any other new meme coin will perform like a Shiba and Doge. Last year many investors make good money from the Shiba and Doge but the moment the market shifts its gear downwards meme coins reverse at high speed and now we can see meme coins dump hard in the current market and I believe one should believe in the top and tested coins rather than meme coins.

Although currently the price of meme coins is very low, it is very risky to invest in meme coins. Because meme coins don't really have a clear function,
so I doubt investing in meme coins will bring us any benefits. The possibility that will happen if we force investment in meme coins in a bear market
condition, we can lose our money. Even I doubt that meme coins will recover anytime soon. Moreover, the hype that occurred in 2021 has ended,
even popular meme coins such as Shiba Inu and Dogecoin are still struggling to recover. So we can imagine what the risks are if we decide to invest
in new meme coins, it's best if for now we avoid investing in meme coins. And I suggest to focus on investing in some top coins, because top coins are
more likely to recover. Especially for Bitcoin and Ethereum are top coins that we should not miss to buy in a bear market situation.

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.

For those people who do make out considerations on throwing up some money on memecoins but if you are really that risk taker then you could always make your choice
because we know that even shit coins or non so good coins could have the potential on making some  huge profits but of course it would be on least chances or odds comparing
into those projects which does have actual relevance or potential.

So its up to someones choice since its their money then its their right on where they would be putting it.

Although meme coins are not highly recommended for investment, but like you said there is still a possibility that meme coins will provide
huge profits. So in the end everyone has to make their own decisions, everyone has the freedom to choose to invest in any coins.
Including if there are people who really believe in the future of meme coins and they think meme coins can provide great benefits,
please spend money to invest in meme coins. The most important thing for people who decide to invest in meme coins must know the risks
that will occur if they invest in meme coins. Do not let when they experience a loss, then blame crypto as a whole. Whereas most people who
experience losses when investing in crypto, they actually choose the wrong coins for investment and they are ashamed to admit it.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
July 12, 2022, 07:33:35 PM
#82
While I do have some meme coins. I've only bought a bit a year prior to the meltdown. I wouldn't touch it now though.
Well, just like everybody else that thinks that the time will come that they'll be up again. I'm only into those popular meme coins and not with any other random ones that everyone think it will go up.

I would fancy my chances with Shiba Inu and Dogecoin but not with any other memecoins at the moment.
The same idea and thought as mine, if I'll be investing into meme coins it will only be with the popular ones but mostly in Doge. But for now, I think I'll be sticking into my plan of having more btc.
full member
Activity: 854
Merit: 100
July 12, 2022, 06:13:25 PM
#81
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.
Right now I'm not and if there will be a time that I will invest into meme coins, I will only buy DOGE and nothing more.
Tried to invest a few dollars into one meme coin and it turned out to be a fail investment because I lost most of my money there.

There are many coins out there that are far better than meme coins. Why thinking of investing into it? There are many coins out there which are safer to invest with than meme coins. Maybe you can try and buy some DOGE and SHIB because like you said it is down already but for me, meme coins are just for short term profits and not a good long term coin to hold.
i agre in you like a caw token dream hunters meme coin many investors they say caw token is the next shib the deployer is ryoshi they listed in 7 exchanges in 2 to 4 days? The profit is so fast but also for the biggeners the loss also fast. Fasg profit fast loss money
legendary
Activity: 3122
Merit: 1140
July 12, 2022, 05:53:16 PM
#80
Gone are the days. Exchanges make money so it does not matter. I believe Memes coins hype is over and I don't expect any other new meme coin will perform like a Shiba and Doge. Last year many investors make good money from the Shiba and Doge but the moment the market shifts its gear downwards meme coins reverse at high speed and now we can see meme coins dump hard in the current market and I believe one should believe in the top and tested coins rather than meme coins.

Although currently the price of meme coins is very low, it is very risky to invest in meme coins. Because meme coins don't really have a clear function,
so I doubt investing in meme coins will bring us any benefits. The possibility that will happen if we force investment in meme coins in a bear market
condition, we can lose our money. Even I doubt that meme coins will recover anytime soon. Moreover, the hype that occurred in 2021 has ended,
even popular meme coins such as Shiba Inu and Dogecoin are still struggling to recover. So we can imagine what the risks are if we decide to invest
in new meme coins, it's best if for now we avoid investing in meme coins. And I suggest to focus on investing in some top coins, because top coins are
more likely to recover. Especially for Bitcoin and Ethereum are top coins that we should not miss to buy in a bear market situation.

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.

For those people who do make out considerations on throwing up some money on memecoins but if you are really that risk taker then you could always make your choice
because we know that even shit coins or non so good coins could have the potential on making some  huge profits but of course it would be on least chances or odds comparing
into those projects which does have actual relevance or potential.

So its up to someones choice since its their money then its their right on where they would be putting it.
sr. member
Activity: 1876
Merit: 318
July 12, 2022, 05:20:54 PM
#79
Gone are the days. Exchanges make money so it does not matter. I believe Memes coins hype is over and I don't expect any other new meme coin will perform like a Shiba and Doge. Last year many investors make good money from the Shiba and Doge but the moment the market shifts its gear downwards meme coins reverse at high speed and now we can see meme coins dump hard in the current market and I believe one should believe in the top and tested coins rather than meme coins.

Although currently the price of meme coins is very low, it is very risky to invest in meme coins. Because meme coins don't really have a clear function,
so I doubt investing in meme coins will bring us any benefits. The possibility that will happen if we force investment in meme coins in a bear market
condition, we can lose our money. Even I doubt that meme coins will recover anytime soon. Moreover, the hype that occurred in 2021 has ended,
even popular meme coins such as Shiba Inu and Dogecoin are still struggling to recover. So we can imagine what the risks are if we decide to invest
in new meme coins, it's best if for now we avoid investing in meme coins. And I suggest to focus on investing in some top coins, because top coins are
more likely to recover. Especially for Bitcoin and Ethereum are top coins that we should not miss to buy in a bear market situation.
hero member
Activity: 2716
Merit: 552
July 12, 2022, 05:08:59 PM
#78
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.

That's like putting your money in a gambling table hoping you'll gonna win big or go home lol.
Unless, you're invested in Doge or Shib which gathered enough exposure from well known people and influencers that causes a massive hype. However, the guarantee of the safety for your investment isn't as secured as Bitcoin's.
So, that purely depends on your risk appetite If you are willing to gamble your money to a meme coin.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
July 12, 2022, 05:07:33 PM
#77
Memecoins offer nothing to investors on long run, so if you are an investor who have financial plans for the future you should think twice before engaging yourself on this kind of investment. On the other hand, if you are simply gambling with your funds, memecoins can be an alternative, although I think to gamble at casinos is offer better odds than the odds of making profit through memecoins. Someone willing to invest on this category of altcoins must be aware many have already lost money with such investments, including Shiba Inu, which is considered reference among memecoins.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
July 12, 2022, 03:04:31 PM
#76
I would fancy my chances with Shiba Inu and Dogecoin but not with any other memecoins at the moment. I see potentials in those two and I think exchanges also know they do have potentials. Hence, the reason they're trading them. Anyone can check their markets and you will see how well spread they're. I think the market is providing us an opportunity to get them at cheaper rates now. My advice to anyone eyeing any other memecoins at this time is to research their usecases before any further involvement. If what you find out ticks the necessary boxes for you, wait for the market to start showing sign of upward move before buying in to avoid catching a falling knife.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
July 12, 2022, 01:53:11 PM
#75
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.
Any coin or token that is putting all its hope for some lunatic famous person, will have to eventually die. The same person that said "doge is awesome" could very well say that doge is horrible as well. So do not put all of your hopes into some person who could destroy you as well. Bitcoin is high not because one person said it, but we all said it, ETH the same way, and all the others at the top.

You do not buy them because richest person said you should, you bought them because they were good. Doge has absolutely nothing going for it outside of Elon, and Elon hasn't said much about it for a while now. Leave it be, and focus on other things that could fundamentally and organically grow.
newbie
Activity: 6
Merit: 0
July 12, 2022, 09:04:47 AM
#74
While I do have some meme coins. I've only bought a bit a year prior to the meltdown. I wouldn't touch it now though.
jr. member
Activity: 840
Merit: 6
July 12, 2022, 08:39:46 AM
#73
I think, investing on meme coin is favourable in this bearish season because the price is still low for anyone to use any amount of money to buy and hold for future profits making. It is very difficult for meme coin investors to experience much Lost in their investment compared to other coins which their investors are regretting for investing such amount of money on a particular coins that is not showing any sign of improvement in this bearish season. No doubt, meme coin price will definitely increase higher before the end of this month of July for long term investors to achieve something good from their investment.
99% of meme coins will fail long term though without funding, and most people aren't going to buy into a meme coin ICO. I think the best way for a meme token project to legitimately launch would be to get a grant, like the one from CandleLabsdotorg or maybe one from Polygon (if you have the connections). This would give the project the ability to fairly launch without taking funds from the public in an illegal ICO.
member
Activity: 472
Merit: 56
Buzz App - Spin wheel, farm rewards
July 12, 2022, 03:12:27 AM
#72
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 you understand the actual market conditions, then this can be summed up easily, the market has experienced a very severe correction for now, there is no sign of a lasting recovery, then how can memecoin grow, if altcoins have the potential to drop to the selling price low. Whereas promotions for any memecoin will last forever, because they get paid for the work, so be careful in coin selection for now.
full member
Activity: 2184
Merit: 184
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July 12, 2022, 03:01:12 AM
#71
I think, investing on meme coin is favourable in this bearish season because the price is still low for anyone to use any amount of money to buy and hold for future profits making. It is very difficult for meme coin investors to experience much Lost in their investment compared to other coins which their investors are regretting for investing such amount of money on a particular coins that is not showing any sign of improvement in this bearish season. No doubt, meme coin price will definitely increase higher before the end of this month of July for long term investors to achieve something good from their investment.
hero member
Activity: 3010
Merit: 629
July 12, 2022, 12:40:56 AM
#70
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.
During this dip I prefer to invest in well-established coins rather than meme coins. Because its less risky and there's a high posibility that establish coins will bounce back once bear market is over. Currently many coins are in cheap prices so take advantage what you think is beneficial for you in the future. We are free to buy what coins we like, its your hard-earned money anyway. Just DYOR to be certain that you're doing whats right.
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
July 12, 2022, 12:33:32 AM
#69
Meme coins not bad to trade as long as you know the right time to buy it, but for the long term sometimes these coins can't survive unless they have a place in the hearts of big community. I personally haven't invested in memecoin yet, because I don't have more funds either for now. I'm just suggesting that you shouldn't focus on invest only on meme coins because this is a pump and dump whale game, In fact, many investors are trapped in meme coins.
Yes, you can also try with meme coins, but as long as you do not get too sucked into it, focus on coins that have utility and practical applications, such as bitcoin and ethereum. Meme coins can be viewed as a lottery that should only be played with a few dollars and don't expect too much, don't treat it as a long-term investment.

There are thousands of memes on the market but most of them are the same imitations so if you want to try a meme try with shiba or doge just buy it and throw it in your wallet for a while if it makes a profit then sell it immediately.
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