Would you like to trading with meme coins?? - page 4.

Smitty Werben Man Jensen

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Quote from: Zilon on December 10, 2021, 04:49:14 PM

For quick profit I will trade with meme coins but I have to be extremely vigilant to close my trade quick enough meme coins no matter how quickly one makes profit from it can also be dangerous when the market turns bearish. Although meme coin poses to give good ROI but it's a very risky and uncertain market and needs less greed.

It's very risky to trade on meme coins but on the other hand meme coins can also give you a quick profit,
that's the meme coin but of course it's not all just got,
choosing the right meme coin is still important and choosing a trending coin I think it's a good decision

Sihab76

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Actually I prefer some meme coins which already boomed in the cryptocurrencies market .. let you consider Shiba Inu meme coin which already well-known in the cryptocurrencies market. I am the fun of Shiba Inu and some Shiba Inu derivatives.

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Quote from: Mehedi72 on December 03, 2021, 12:24:53 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 long term in one of those coins is out of the question for someone like me, however if we are talking about trading then It depends on the meme coin that we are talking about.

Trading dogecoin or even shiba could make sense but only if you are a trader that is aware of the dangers that trading entails, those coins can be extremely volatile and you do not want to make the mistake of opening a position and then when the market goes against you refuse to sell your coins for a loss, in those cases you need to accept the small loss and move on, because if you do not then you could keep holding your coins and you will have to endure a huge crash from which most traders or investors have no chance to recover from.

Zilon

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For quick profit I will trade with meme coins but I have to be extremely vigilant to close my trade quick enough meme coins no matter how quickly one makes profit from it can also be dangerous when the market turns bearish. Although meme coin poses to give good ROI but it's a very risky and uncertain market and needs less greed.

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Quote from: Nazmul012 on December 10, 2021, 02:16:07 PM

I traded with meme coins since i didn’t know what meme coin is. i always prefer short trades and thats why after gaining little profit, i sold my share and unfortunately i miss the hype of doge and same for shiba. After pump highly, i didn’t purchase them cause trade with those is uncertain. Due to lack of big capital, Its my bad i was unable to maintained the way what i Should done. Btw, i would like to trade meme coins in future if it suppose to be safe for trade at that moment

Meme coins are good for short trades and you just did it right. The hype for dogecoin and shiba was unexpected and whoever bought those coins earlier before the hype came, they just became lucky.
But those who rode the hype and bought those coins at high, they did a mistake and they're wrong with their expectation that the coins are likely to increase since everyone has to take profit, dumping is necessary.

Patigi

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Yes I can trade meme coins so far I can make my profit over there. Sometimes I selected some good meme coins and trade it once it pump I sell if off buy some I think it will pump again. But for me I don't hold any altcoins for more than a week except doge and Shiba I have been holding now for more than 8 months now. I can trade any altcoins so far I will make my profit there. But all determined by your understanding.

Nazmul012

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I traded with meme coins since i didn’t know what meme coin is. i always prefer short trades and thats why after gaining little profit, i sold my share and unfortunately i miss the hype of doge and same for shiba. After pump highly, i didn’t purchase them cause trade with those is uncertain. Due to lack of big capital, Its my bad i was unable to maintained the way what i Should done. Btw, i would like to trade meme coins in future if it suppose to be safe for trade at that moment

airdata

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Quote from: Mehedi72 on December 03, 2021, 12:24:53 PM

Some may like to trade with meme coins to earn quick money.

It is true that many trader and investor choice meme project for instant profit and someone made good profit from meme coin. But meme coin means high risk high reward, Every investor can make good profit from meme coin if they invest in correct time otherwise they can lost their fund.

michellee

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Quote from: suzanne5223 on December 07, 2021, 09:41:25 AM

Quote from: michellee on December 07, 2021, 03:29:36 AM

I am not trading meme coins too often except if the meme coins have a good volume. But I already traded Shiba and Safemoon before, which gave me a good profit. I search for the other meme coins, but I have not decided yet if that meme coin is good enough to provide me with the other profit. But I still keep some balance of Shiba and Safemoon just in case the price can increase suddenly to be another profit to me. Trading meme coins will have a risk such as a pump and a dump that can come to that coins unless you want to buy the meme coins and hold them for some time but if you do that, you need to think about the price that can be too volatile.

You trade meme coins too often or not. Memecoin is never a good investment/trading decision choice and if we look at the foundation of meme coin they are created for fun and to serve as a tipping coin. Although, all this changed where new project integrated buyback, passive income which is also called RFI-Static rewards but all these features are to encourage and lure in investors.

Yes, I knew it was risky but I am willing to take that risk. Besides that, I do not use too big money to gamble with that meme coins because at least my investment in that coin is less than $50. That is the amount that I can accept to play with meme coins. But for Shiba and Safemoon, I can see my profit still there because I bought those meme coins at the very lowest price Grin

So, for now, I think I will be waiting for those meme coins and I do not mind waiting for a long time to see the price increase. However, if the price can not grow, I am okay because I know the risk of investing in meme coins.

ultrloa

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Quote from: YOSHIE on December 10, 2021, 03:54:39 AM

Quote from: Mehedi72 on December 03, 2021, 12:24:53 PM

Have you even trade with meme coins or Would you like to trading with meme coins??

meme coins, besides being cheap, sometimes the value movement process is fast, if you have a large capital, for sure I have traded on certain meme coins, but not as lucky as those who were successful at that time on meme coins.

It somehow bit late to invest on such meme coins since the hype of it is now fade out and been replenish by NFT hype, but if you have large capital then can hold it for more years after its hype back then maybe this is somehow a good option but we should choose Doge and Shiba Inu since they are much alive meme coin at this point and been listed on good exchange. Although this options still risky but we should assure that we only put the amount we can afford to lose.

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Quote from: Nahl on December 08, 2021, 08:28:40 AM

I did trading for meme coins and my trading results was quite impressive that i could make decent profit from it several month ago but i do not dare to hold them for long term because the price of meme coins were quite unpredictable and seems lately meme coins became so hype among the traders that some of them even can make 10x or even 100x during trade for meme coins

I could really say wow and congratulation, you're a lucky person. Like many people wanted to trade but have difficulties in choosing coins to trade and it become a usual event that most of these newbies got fall into wrong coin and somehow they lose instantly. But you, as choosing meme coins become a different story, I can't imagine your happines and probably I have that feeling as well if I'd take the risk with them but sadly, I'm not.

That is why I'd say that you are a lucky person because for many traders who choose meme coins suffered losses and you're not.

YOSHIE

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Quote from: Mehedi72 on December 03, 2021, 12:24:53 PM

Have you even trade with meme coins or Would you like to trading with meme coins??

meme coins, besides being cheap, sometimes the value movement process is fast, if you have a large capital, for sure I have traded on certain meme coins, but not as lucky as those who were successful at that time on meme coins.

Because I don't have patience in trading, yes that's what happens regret, when I sell the price goes up, for that this time I have to be really patient to trade the meme coin this time, don't want the mistake to happen a second time.

Finestream

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Quote from: suzanne5223 on December 08, 2021, 04:30:05 PM

Quote from: Oilacris on December 07, 2021, 06:20:41 PM

Quote from: suzanne5223 on December 07, 2021, 06:13:54 PM

As you said yourself meme coins are more of a pump and dump scheme which the big brother used to lure naive investors in and send it holding. If you guys check the concept of this coin every well you'll see that it is just a coin created for the big brothers to enrich their purse while some people are set as prey.
Therefore, a plan of getting in quickly and getting out could be problematic so is using someone else success to make an investment decision.

There are people who do really plays on the top and those small frys would really be the ones who would fill up their pockets but doesnt mean that we wont really able to take up some advantage out of those movements specially on pumps and dumps.

If you do know on how to play with those then you could really take some profits if you do know on how to ride with the waves.

Take risk or you do just let those opportunities slip into your front.

The last time I checked no matter the level of experience in crypto no one knows how to ride with the waves of cryptocurrency just by investing in meme coins which are highly manipulated and mostly make new ATH during the Bitcoin halving effect market.
Meanwhile, the first rule of riding with the waves of the cryptocurrency market is to invest in good coins, not joke coins.

Trading once perform properly will certainly give us profits but if we chose to trade using shitcoins or meme coins, even how good we are in trading, those coins will definitely put us losers in the end. So if you wish to have a successful trading, then trade with established and secured coins because they are not just more on pump and dump, but they are more on pumping their prices because of the community that has benefited from their utility case. And i don't see it in meme coins as they are more risky and have uncertain value every now and then. One day they are high because of hype, the other day their prices are falling because their hype is already gone.

freedomgo

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Quote from: suzanne5223 on December 08, 2021, 04:30:05 PM

Quote from: Oilacris on December 07, 2021, 06:20:41 PM

Quote from: suzanne5223 on December 07, 2021, 06:13:54 PM

As you said yourself meme coins are more of a pump and dump scheme which the big brother used to lure naive investors in and send it holding. If you guys check the concept of this coin every well you'll see that it is just a coin created for the big brothers to enrich their purse while some people are set as prey.
Therefore, a plan of getting in quickly and getting out could be problematic so is using someone else success to make an investment decision.

There are people who do really plays on the top and those small frys would really be the ones who would fill up their pockets but doesnt mean that we wont really able to take up some advantage out of those movements specially on pumps and dumps.

If you do know on how to play with those then you could really take some profits if you do know on how to ride with the waves.

Take risk or you do just let those opportunities slip into your front.

The last time I checked no matter the level of experience in crypto no one knows how to ride with the waves of cryptocurrency just by investing in meme coins which are highly manipulated and mostly make new ATH during the Bitcoin halving effect market.
Meanwhile, the first rule of riding with the waves of the cryptocurrency market is to invest in good coins, not joke coins.

But unfortunately, joke coins these days are now becoming trending and are even making profits in this crypto market. Although its more pump and dump and has no utility case, but i guess people don't see it the way it is. It's more likely that they are tempted with its current offers but once this bearish season will enter the market, i'm not even sure if they can retain their value. Even bitcoin and good altcoins that time will definitely struggle who have real use case, so how much more for those meme coins or joke coins. So its not safe trading with meme coins because we might be putting ourselves in a huge loss in the future.

Botnake

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Quote from: DarkDays on December 08, 2021, 09:23:00 AM

Quote from: sheenshane on December 03, 2021, 06:59:39 PM

That's the risk of a hyped coin, anytime soon it will drop without any sign of when it will be or when the exact time frame.
Not like with the coin that has real investors because of its use. Meme coins are very risky to trade if you are doing this make sure that you have applied the cut loss (stop-loss) when the price goes down.

For sure meme coins are notorious for traders, their quick pumps & dumps make this very unattractive, especially since there is no utility behind the coin. Having said this, I have seen a few people trading them but this was only because they got in early and thus they were somewhat protected from a pump&dump cycle. Needless to say that these was a trade of only a few hours never more than a day.

So, in a way, some people do take their chances with meme coins but it is not a standard in trading (and quite understandably so I think)

Having said that, meme coins may be good in short term trading just like if you want to try your luck but they won't be good enough in long term. Meme coins are more on as joke coins since they just easily pump and dump and since they have no real use case, there is no guarantee that they can sustain their value. So its definitely a trader's choice if he wants to trade meme coins or not, or just stick to established coins as they have more assurance to gain profits in the end.

Kasabus

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Quote from: suzanne5223 on December 08, 2021, 04:30:05 PM

Quote from: Oilacris on December 07, 2021, 06:20:41 PM

Quote from: suzanne5223 on December 07, 2021, 06:13:54 PM

As you said yourself meme coins are more of a pump and dump scheme which the big brother used to lure naive investors in and send it holding. If you guys check the concept of this coin every well you'll see that it is just a coin created for the big brothers to enrich their purse while some people are set as prey.
Therefore, a plan of getting in quickly and getting out could be problematic so is using someone else success to make an investment decision.

There are people who do really plays on the top and those small frys would really be the ones who would fill up their pockets but doesnt mean that we wont really able to take up some advantage out of those movements specially on pumps and dumps.

If you do know on how to play with those then you could really take some profits if you do know on how to ride with the waves.

Take risk or you do just let those opportunities slip into your front.

The last time I checked no matter the level of experience in crypto no one knows how to ride with the waves of cryptocurrency just by investing in meme coins which are highly manipulated and mostly make new ATH during the Bitcoin halving effect market.
Meanwhile, the first rule of riding with the waves of the cryptocurrency market is to invest in good coins, not joke coins.

For some its considered a joke, but maybe for others who are making profits already, then they are thinking already that meme coins have high potentials to make profits once they are used in trading. Its kinda quite funny but true. No one would dare to trade with meme coins if they are not really making profits from it. And for me, its not a bad idea as long as you are seeing them having potentials, but believe me they are very risky to trade. Yes, i would rather trade with bitcoin and promising altcoins even when making profits is not that easy but i believe at the end of the day, i will still be profitable. Unlike meme coins, there will be more chances that you'll likely to lose than to gain profits. Lucky are those who have made them profitable.

suzanne5223

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Quote from: Oilacris on December 07, 2021, 06:20:41 PM

Quote from: suzanne5223 on December 07, 2021, 06:13:54 PM

As you said yourself meme coins are more of a pump and dump scheme which the big brother used to lure naive investors in and send it holding. If you guys check the concept of this coin every well you'll see that it is just a coin created for the big brothers to enrich their purse while some people are set as prey.
Therefore, a plan of getting in quickly and getting out could be problematic so is using someone else success to make an investment decision.

There are people who do really plays on the top and those small frys would really be the ones who would fill up their pockets but doesnt mean that we wont really able to take up some advantage out of those movements specially on pumps and dumps.

If you do know on how to play with those then you could really take some profits if you do know on how to ride with the waves.

Take risk or you do just let those opportunities slip into your front.

The last time I checked no matter the level of experience in crypto no one knows how to ride with the waves of cryptocurrency just by investing in meme coins which are highly manipulated and mostly make new ATH during the Bitcoin halving effect market.
Meanwhile, the first rule of riding with the waves of the cryptocurrency market is to invest in good coins, not joke coins.

DarkDays

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Quote from: sheenshane on December 03, 2021, 06:59:39 PM

That's the risk of a hyped coin, anytime soon it will drop without any sign of when it will be or when the exact time frame.
Not like with the coin that has real investors because of its use. Meme coins are very risky to trade if you are doing this make sure that you have applied the cut loss (stop-loss) when the price goes down.

For sure meme coins are notorious for traders, their quick pumps & dumps make this very unattractive, especially since there is no utility behind the coin. Having said this, I have seen a few people trading them but this was only because they got in early and thus they were somewhat protected from a pump&dump cycle. Needless to say that these was a trade of only a few hours never more than a day.

So, in a way, some people do take their chances with meme coins but it is not a standard in trading (and quite understandably so I think)

Taskford

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Quote from: kapalmabur on December 08, 2021, 04:26:41 AM

Quote from: Sweetbtc on December 08, 2021, 02:38:45 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.

Talking about coin memes I think everyone is always focused on shiba inu and dogecoin,
the two coins are meme coins that are in the top ranking,
but I think when we decide to invest in meme coins it seems like it's too risky

Its really risky knowing that there are so many rug pulls happened by using this kind of trend for the past couple of months so maybe if we try to seek better meme coin then go with the old which is already tested and never go on that BSC shit coins using or copied the current trend name since most provably we will end up getting rug pulled by the scam devs. Although its still risky to buy those old meme coins but it will lessen the pressure compare to those new created hype BSC scam meme tokens.

Nahl

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I did trading for meme coins and my trading results was quite impressive that i could make decent profit from it several month ago but i do not dare to hold them for long term because the price of meme coins were quite unpredictable and seems lately meme coins became so hype among the traders that some of them even can make 10x or even 100x during trade for meme coins

Topic: Would you like to trading with meme coins?? - page 4. (Read 832 times)