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Topic: Would you like to trading with meme coins?? - page 2. (Read 832 times)

hero member
Activity: 1722
Merit: 508
December 21, 2021, 05:39:29 AM
People always select good altcoins for trading which could raise up and make them profitable. Some may like to trade with meme coins to earn quick money. which might help them to change their future & fulfil their come dream true over night or might be result lost everything after go down those meme coins unexpectly and never come back. Have you even trade with meme coins or Would you like to trading with meme coins??

It was not actually that bad trading with meme coins actually as long as I would get a profit that's fine with me since I don't have a plan on supporting them for a long time. The only thing what is on my mind is how risky and volatile this coin would become since some meme coins pumps 800% one day and crash 1200% the second day so it's not an good long term investment but only for a short amount or day trading only for me.
sr. member
Activity: 1638
Merit: 339
December 21, 2021, 04:31:39 AM
I don't want to trade with meme coins, even though meme coins will give big profits but the risks involved are huge. The meme coin is only pumped once, and when it misses and the price drops back down, it's very dangerous. the market is very difficult to recover from, and we won't have enough patience to wait for that to happen. and also a big risk of being scammed and left by the owner.
member
Activity: 148
Merit: 10
December 20, 2021, 12:56:41 AM
I just like to invest in Shiba due great volatilty. When memecoin trend work we can make big money here and then convert into Top coins.
Beside Shiba i think there is high risk. Shiba is already listed in top exchanges especially Binance amd can recover while other liquidity is very low.
sr. member
Activity: 2366
Merit: 332
December 19, 2021, 11:38:47 AM
I don't support meme coins investment but unfortunately I have invested only one meme coin with higher price but now my meme coin already given me panic . My invested meme coin dogecoin. Recently I add another meme coin in my portfolio investment list it shiba inu.

These two are like popular now in the market. For dogecoin , it is having Elon musk backing it up and that may turn out good in the future because of the hype but dogecoin is a little on the high side for a meme coin now, it is beginning to gain market. Shiba inu looks good and around 13th on CMC table. Shiba has been hyped in the past and now it has seeped for more opportunity.
jr. member
Activity: 700
Merit: 1
Bisq Market Day - March 20th 2023
December 18, 2021, 06:42:33 PM
I don't support meme coins investment but unfortunately I have invested only one meme coin with higher price but now my meme coin already given me panic . My invested meme coin dogecoin. Recently I add another meme coin in my portfolio investment list it shiba inu.
member
Activity: 283
Merit: 10
December 18, 2021, 10:58:54 AM
No I never do meme coin trades and also never recommend to anyone to do trading with meme coin it's true sometimes meme coin give lot of benefits but it's also too much risky so invest only few amount if you wanna to invest in meme coin
sr. member
Activity: 993
Merit: 250
Moonbet.io
December 18, 2021, 10:11:56 AM
Actually memes coins means Shiba Inu and dogecoin derivatives ... Shiba Inu and dogecoin the best Cryptocurrencies projects in recently because sir Elon musk continuesly trying dogecoin and Shiba Inu at the top ranked on the market. I already invested Shiba Inu and dogecoin and their derivatives projects.
sr. member
Activity: 742
Merit: 250
December 18, 2021, 10:03:48 AM
Meme coins are always risky, but they can also bring great profits if we know how to seize the opportunity. I don't like holding meme coins, but if you can, you can trade them. We should use idle capital to trade with meme coin. Be very careful when dealing with meme coins, they can evaporate at any time, Squidgame is a classic example.
sr. member
Activity: 1274
Merit: 293
December 17, 2021, 01:31:31 PM
I don't like trading on coin memes at all, trading on major pairs will be safer. trading category means we are only looking for a small but sustainable profit. I will not risk big risks to get small profits, because meme coins seem easy to control unlike major coins in cryptocurrencies, because my characteristic is short-term trading

That's a preference, I mean I know some people that have made a fortune doing just that, joining the hype really early can make you lots of money so it's not something that someone should easily disregard when there's a big money to be found there. I'm not saying that you're wrong but don't disregard it altogether and you also mentioned that you're a short-term trader, meaning that trading meme coins might work for you as they're subjected to short-term fluctuations.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
December 17, 2021, 01:17:18 PM
People always select good altcoins for trading which could raise up and make them profitable. Some may like to trade with meme coins to earn quick money. which might help them to change their future & fulfil their come dream true over night or might be result lost everything after go down those meme coins unexpectly and never come back. Have you even trade with meme coins or Would you like to trading with meme coins??

Investing on meme does not assure anyone on a quick return whereas others or not. I am sure, investors focused on meme coins when there was a news on Elon Musk tweets. Doge got a huge trading volume and them followed by creation of so many meme coins including Shiba Inu. And there was a rumor that Shiba Inu was of Elon. Such news spread and brought in more investors on meme coins. Recent ATH of Shiba Inu expanded the confidence in new investors to invest in.
legendary
Activity: 2338
Merit: 1084
zknodes.org
December 17, 2021, 11:16:59 AM
#99
21 November 2021 i bought  Two different meme coin Kishu Inu and Safemoon, although my investment amount was very low, now i see that both coin has 70-80% dump from my buying price and i don’t know  when it will recover becouse both are meme project and everything is possible for meme coin.             
especially at this time, maybe your dump potential has exceeded 80%. Meme coins carry a high risk of buying at a high enough price without thinking about what will happen next. The meme coin depends on the fundamentals and some of the development of the meme coin. like safemoon which has more future than Kishu, because safemoon has their own wallet. Do your research first before buying memecoin.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
December 17, 2021, 12:46:56 AM
#98
I already tried to trade meme coins few months ago and luckily made profit from it for selling at the right time. Its quite risky and not advisable but if you happen to trade the right meme coin then you can earn huge quickly.

But these coins are not a type that you can hold for long term, they come and go without an assurance to profit if you buy. Because not all meme coins can increase, plus without hype of someone popular or shilling by the community, its not going to be profitable. Hence dont invest in meme coins if you dont want to lose your money in snap.
When meme coins was introduced in market first coin i bought was safemoon and safemars in bsc network. Yhey both give me 30x . after than i tried trading in some more coins but result was loss . some project also proved to be scam and removed liquidity from pancakswap.
Then i stopped trading memecoin but 1 months ago again i took entry in Shiba when it was rising day by day and made 2x. I generally only trade top coins and hate memecoins.
hero member
Activity: 3010
Merit: 629
December 16, 2021, 08:37:34 PM
#97
I already tried to trade meme coins few months ago and luckily made profit from it for selling at the right time. Its quite risky and not advisable but if you happen to trade the right meme coin then you can earn huge quickly.

But these coins are not a type that you can hold for long term, they come and go without an assurance to profit if you buy. Because not all meme coins can increase, plus without hype of someone popular or shilling by the community, its not going to be profitable. Hence dont invest in meme coins if you dont want to lose your money in snap.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
December 16, 2021, 07:26:26 PM
#96
Those meme coins are very volatile. The drop and rise very fast. You could take advantage of those volatility to make some quick profit. but remember, with those quick profit, there is also a chance to lose everything very quickly. I mean the risk is very high. I would suggest you not to risk too much on meme coins, just a little that you can afford to lose. Invest rest on well known coins. They are less riskier to trade. If trading doesn't goes well, you can hold the coins that you are trading and in the long run, you will make some very good profit.
legendary
Activity: 2226
Merit: 1086
duelbits.com
December 16, 2021, 05:00:19 PM
#95
I have done trading with meme coins, but for Doge and SHIB only. I can say that trading with meme coins is very tricky, must follow the current news of those coins. Most of the increases in meme coins prices are driven by the good news about the next listing, partnership, or its adoption. The meme coins armies are the people who often spread the news. So, actually, the price change in meme coins can be influenced by the activities of a group of people like meme coin armies. Or can be triggered by a statement of a popular person like Elon Musk. Because the price can be influenced by these factors, and not based on fundamentals, I think trading with meme coins is not for beginners. Personally, I think I am no longer interested to trade with meme coins.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 16, 2021, 04:51:08 PM
#94
21 November 2021 i bought  Two different meme coin Kishu Inu and Safemoon, although my investment amount was very low, now i see that both coin has 70-80% dump from my buying price and i don’t know  when it will recover becouse both are meme project and everything is possible for meme coin.             
It's because you've already bought it during the hype and now, it's already done. I've got tempted to buy any of those but luckily, I didn't spent any penny from buying those. There's no way to know when those meme coins you hold will recover. Because most likely, they're not going to recover anymore or if there's a pump that could happen, it would just be a few pumps, and then it's already done. That's why the best thing to do in your situation is just to move on and make a wiser decision soon.
sr. member
Activity: 2506
Merit: 368
December 16, 2021, 04:02:25 PM
#93
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Mostly these meme investors just check the news on what their favorite celebrity shills. I mean we already knew that time when Musk was still hot topic in this forum, both alts and BTC. I am pretty sure there are way more meme coins out there that just doesn't get mentioned just yet or at least not yet shilled by some other rich guy in the internet.
Let's just be honest because I'm sure most of these nee investors are only after for the profit that's why they invested in meme coin plus the hype of Elon it makes them to FOMO but once there is a FOMO, we know for sure that whales like Elon would dump a little and try to pump it back again with the hype. People really are following with what's the hyped coins nowadays and starting to FOMO lucky for them Elon didn't dump it yet but are they ready for the outcome if one day Elon suddenly dump his coins?
hero member
Activity: 1106
Merit: 527
December 16, 2021, 04:02:22 PM
#92
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Mostly these meme investors just check the news on what their favorite celebrity shills. I mean we already knew that time when Musk was still hot topic in this forum, both alts and BTC. I am pretty sure there are way more meme coins out there that just doesn't get mentioned just yet or at least not yet shilled by some other rich guy in the internet.
In short, they want to profit in a certain time which is those dump and pump are most profitable in a short term but the riskier in all kinds of investment because there is a possibility that you may scam, or mostly in meme coin are scam.

Just like the Shiba Inu coin, we know that there is no real use in the community just to destroy dogecoin but still they still have investors because of the hype. But now look at them, there are too many investors who are trapped during the pump and it could be they were not recovered anymore or else cut their loss.
sr. member
Activity: 1610
Merit: 264
December 16, 2021, 03:47:06 PM
#91
~
Mostly these meme investors just check the news on what their favorite celebrity shills. I mean we already knew that time when Musk was still hot topic in this forum, both alts and BTC. I am pretty sure there are way more meme coins out there that just doesn't get mentioned just yet or at least not yet shilled by some other rich guy in the internet.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
December 16, 2021, 03:45:11 PM
#90
For it quite a short time, meme coins are profitable, and we can't deny that attract people to go with meme coins and buy them. I can't tell it was a bad choice of coins since many traders are doing well and gaining more like Shiba and Dogecoin but what makes it so sad when you are buying the worthless coins of all.

People had to look for any market opportunity and I don't hold them to use meme coins instead of using those known coins. And perhaps, I'm into that thing doing the same, sometimes.

Two meme coins have been massively successful in the market, shiba inu and dogecoin. And using the hype of these two coins, many more coins have come into the market and run away with the money of the traders. While many crypto investors are making huge profits from shiba inu and dogecoin, it is also true that many people have lost a lot of money by investing in meme coins. So here are two stories: Investors who make the right decisions at the right time are the gainers.
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