Would you guys invest meme coins now? - page 9.

Kelvinid

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Quote from: CuriousGeorge on July 11, 2022, 07:13:26 PM

you're quite literally just gambling your investment away if you invests in meme coin, you could see that the trend has been fading, meme coin in general has been having difficult time since the flows of investment is lacking,
and add the market manipulation aside from that, I'd say that it's better to stick with the likes of BNB and ETH for investing, otherwise you would more likely causes loses to your investment.
also, most of the meme coins has lost its drive of having a bullrun that is elon musk's shill

Investing in meme coins is indeed a losing investment if take this for the long term as this is believed to be only good during the bull market, not this current condition.

I have had a bad experience with Dogecoin in the past which helps me understand that these meme coins can't be a good investment. Though nothing guarantees profit but much more if we invest meme coins, our chances are very slim that certainly can't rely upon and have fortune.

Vaskiy

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Quote from: Hamza2424 on July 11, 2022, 04:24:07 PM

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.

Do you really think that such a situation make sense to invest in meme, probably memes are the Opertunity when you are in good market situation and at high risk you make a small investment in meme still i try to avoid meme investment should need to be worth to be made so ALT are considered but a True potential project rather than that you should go with king only

In every market situation bitcoin have proven its ability to the world. There is no doubt, it is the king. Memecoins in recent days are promoted by the world's leading cryptocurrency exchange. Why they're doing it, because money. Being the world's top exchange, the suggestion will bring more investors and the same brings money to exchange. Even after its listing, there is need of someone to give hype to those memecoins.

CuriousGeorge

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KUWA.ai

you're quite literally just gambling your investment away if you invests in meme coin, you could see that the trend has been fading, meme coin in general has been having difficult time since the flows of investment is lacking,
and add the market manipulation aside from that, I'd say that it's better to stick with the likes of BNB and ETH for investing, otherwise you would more likely causes loses to your investment.
also, most of the meme coins has lost its drive of having a bullrun that is elon musk's shill

batang_bitcoin

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Quote from: sulendra12 on July 11, 2022, 02:38:47 PM

They can promote what they want, but it's literally up to you to choose if you want to invest on those or not. Meme coins sometimes good to invest at first because you can gain profit on short amount of time if you can, it's not something that you have to invest everytime you want unlike the other "decent" coins out there. The exchanges are free what to do because they just do their job.

Before, they were really good. It's where the hype was being known for meme coins and it's almost not changing during the bull run. But that was during the bull run.
We're no longer in a bull run and that's why if you ever invest in it, you have to think that you're at risk because there is a big chance that meme coins won't recover any more from this bear market.

Hamza2424

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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.

Do you really think that such a situation make sense to invest in meme, probably memes are the Opertunity when you are in good market situation and at high risk you make a small investment in meme still i try to avoid meme investment should need to be worth to be made so ALT are considered but a True potential project rather than that you should go with king only

serjent05

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

What would you guys do about this meme coins project?

I often looks at how hype the meme coin is. If it isn't been overlyhyped and the price percentage growth is less than 200%, I might consider investing in it. Short term investment and get out the first time it pumped hard.

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

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.

Depends on my observation. If the meme coins are still new and there are influential people around them, then why not. After all, we are not actually into the project but rather the profit that the project can give to us.

sulendra12

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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.

They can promote what they want, but it's literally up to you to choose if you want to invest on those or not. Meme coins sometimes good to invest at first because you can gain profit on short amount of time if you can, it's not something that you have to invest everytime you want unlike the other "decent" coins out there. The exchanges are free what to do because they just do their job.

Xal0lex

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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.

Have you ever wondered why these platforms promote these projects? Because they are cheap to produce, they do not require any special concept or technological component, and they are very popular because the DOGE and SHIB projects have created an image in the crypto community of a profitable investment that can make an investor rich. In a bull market, these coins can make a profit for their owner in a short period of time, but in a bear market, these coins are such risky gambling. It has nothing to do with investing, more like a roulette game where only the casino, in our case the platform that promotes these tokens, wins.

Silberman

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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.

In my opinion it is a bad idea to invest in those kind of coins at any point in time regardless of the market conditions that we may be seeing at the time, and the reason for this is quite simple, those coins do not really have any kind of value or innovative technology that could justify a price above zero, so the only reason those coins have any kind of value is because people believe they can trade them and outsmart other traders and obtain profits that way, and while some traders can do something like that the majority cannot do it, and as such you must stay away from those coins.

Tony116

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Quote from: Yamifoud on July 11, 2022, 07:46:51 AM

Quote from: UmerIdrees on July 09, 2022, 04:07:12 AM

Meme coins are available at throw away prices and if you can hold them for a few years, this might be the best time to buy them. However, there is a risk involved in Meme coins hence, you should always put very little money of your portfolio in meme coins. As an example, if you have a total of 1000$ to invest better buy only 100$ worth of meme coins. Also, you should buy 10 different meme coins for 10$ each (for this example).

I have given this example so that no one invests more than 10% of their portfolio in meme coins. We should manage the risk and may not be greedy.

You can hold them, right but never expect a huge return as even the Bullrun comes without a shilling, that seems impossible. Without Elon Musk, we can never see Dogecoin reach its ATH, we indeed see the same price as today.
That even the price of these meme coins is too low, I won't and never have the interest to buy them. I could afford to take risks but not these coins - I look for more reliable projects and known sustainable projects like BTC and ETH.

Holding memes isn't too bad, but it's true that you should limit your investment in memes, not all memes will be hyped like doge or shiba.
Most meme coins are just copying each other and nothing groundbreaking and wouldn't have been any hype without someone backing like Elon. You can still hold memecoins but only with doge and shiba the rest should not hold any weird memes you should focus on bitcoin and top coins.

Yamifoud

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Quote from: UmerIdrees on July 09, 2022, 04:07:12 AM

Meme coins are available at throw away prices and if you can hold them for a few years, this might be the best time to buy them. However, there is a risk involved in Meme coins hence, you should always put very little money of your portfolio in meme coins. As an example, if you have a total of 1000$ to invest better buy only 100$ worth of meme coins. Also, you should buy 10 different meme coins for 10$ each (for this example).

I have given this example so that no one invests more than 10% of their portfolio in meme coins. We should manage the risk and may not be greedy.

You can hold them, right but never expect a huge return as even the Bullrun comes without a shilling, that seems impossible. Without Elon Musk, we can never see Dogecoin reach its ATH, we indeed see the same price as today.
That even the price of these meme coins is too low, I won't and never have the interest to buy them. I could afford to take risks but not these coins - I look for more reliable projects and known sustainable projects like BTC and ETH.

I_Am_Chamara

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Quote from: eaLiTy on July 08, 2022, 07:29:44 PM

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.

Not sure about the exchanges promoting meme coins, it is true that the meme market rallied a lot during the last rally but you cannot expect them to follow the same pattern during the next rally. I used to invest in Dogecoin as i used to gamble with them and not invested thinking about making a huge profit but luck was on my side when the price rallied unexpectedly but i doubt i will be investing yet again as an investment.

Doge will be safe I think until Elon musk live

Henrobakkara

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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.

We have seen that sometimes Investing in meme coins could be profitable in some instances but that is not what I would want to put many investments in. Luckily, people that were hodling Dogecoin accidentally fell in that group that made profits when Elon musk made that move and I not forgetting Shiba Inu price pump too. But whether exchanges like Kucoin and Binance are promoting meme coins, they have to do this to draw in traders for their own gains and not because these are coins that are actually worth investing in.

UmerIdrees

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Quote from: Morningstarr on July 09, 2022, 02:32:19 AM

Almost everyone wants to invest in Meme Coins.
When the project went on, you became a millionaire Otherwise money is wasted This thinking leads to unsafe investments in which the chances of risk are very high. While there are good projects like BTC and Ethereum in the market for safe investing. However, if anyone still wants to invest in a meme coin, it is best to buy one that already exists with a large community and market cap, such as Shiba Inu or Doge.
DYOR

Meme coins are available at throw away prices and if you can hold them for a few years, this might be the best time to buy them. However, there is a risk involved in Meme coins hence, you should always put very little money of your portfolio in meme coins. As an example, if you have a total of 1000$ to invest better buy only 100$ worth of meme coins. Also, you should buy 10 different meme coins for 10$ each (for this example).

I have given this example so that no one invests more than 10% of their portfolio in meme coins. We should manage the risk and may not be greedy.

Morningstarr

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Almost everyone wants to invest in Meme Coins.
When the project went on, you became a millionaire Otherwise money is wasted This thinking leads to unsafe investments in which the chances of risk are very high. While there are good projects like BTC and Ethereum in the market for safe investing. However, if anyone still wants to invest in a meme coin, it is best to buy one that already exists with a large community and market cap, such as Shiba Inu or Doge.
DYOR

BuNga_cute

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Quote from: rahmad2nd on July 09, 2022, 12:30:21 AM

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'm not even interested in researching further on meme coins which are mostly scams not much can be expected just hype that pushes prices pumped up and even then one has to wait for the right moment, I won't forbid you to invest in meme coins let alone long term, some members say investing in meme coins is like gambling, I think there are some other cryptocurrencies that are more worthy of attention in long term investments seeing most of the prices drop sharply.

All coins are currently experiencing a decline, making us many choices for investment. But I'm like you not at all interested in investing
in meme coins, even though all the meme coins prices are now very low. Because meme coins from the start did not have a clear function,
and usually only used to pump your dump by whales. So it's very clear that the movement of meme coins is much more difficult to predict,
and also the risk is also much greater if we decide to invest in meme coins.

Instead of spending my money on investing in meme coins, I prefer to focus on investing in a few top coins. Especially in a bear market situation
like now, where the market still has the possibility of going down deeper, if we invest in meme coins the possibility of us losing money is very large.
So my suggestion is to think carefully if we are now planning to invest in meme coins, not because we are influenced by influencers who
recommend buying meme coins, we end up making the wrong decision. We must dare to make decisions based on the results of our own research
and analysis, which are far more reliable than the opinions of others.

rahmad2nd

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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'm not even interested in researching further on meme coins which are mostly scams not much can be expected just hype that pushes prices pumped up and even then one has to wait for the right moment, I won't forbid you to invest in meme coins let alone long term, some members say investing in meme coins is like gambling, I think there are some other cryptocurrencies that are more worthy of attention in long term investments seeing most of the prices drop sharply.

Republikcoin.com

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Quote from: Iyeman on July 08, 2022, 07:25:51 PM

investing in meme coin is definitely a bad idea right now, so many of meme coins have been having low trading volume recently meaning the trend has slowly fades.
instead it's just better stick with major coins like eth, and bnb since they are also heavily discounted they are really great for investment and is also having really high trading volume.
meme coins at the moment is kinda having difficulties of keeping their existence, even elon hardly shill for it lately.

This is why it is important to always see and understand the conditions and conditions in choosing cryptocurrencies so that they have changes when looking for profits. Because when the market is in bad shape, everyone is advised to go back to the good coins like ETH and BNB and release all the memecoins they have accumulated during the bull market. Because good coins can still save a little loss that we experienced, while memecoin is just waiting for him to die in the market.

smartaction

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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 never support investing in meme coins. I myself do not invest here. And I will not do this in the future. Meme coins are able to make a person rich in a short time. Again in a short time a rich man is able to make poor. It is like Gambling. So I don't like it in any way. And why should I invest in meme coins when there are so many good coins in the market? where meme coin behaves like a gamble.

adzino

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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.

Sure if you are willing to take a huge risk and don't mine losing everything you have, then go ahead and invest in meme coins. Those "popular" meme coins might not get pumped again and you might end up losing everything. The meme coin trend is already dying. Doge might get pumped again if those doge coins supporters (like Elon) tweets or says something about it and creates a hype. SHIB might get pumped if they keep on adding new stuffs to the ecosystem and somehow manages to keep the hype.

Why invest in meme coins when you already have bitcoin and other well known altcoins?

Topic: Would you guys invest meme coins now? - page 9. (Read 2381 times)