Would you like to trading with meme coins?? - page 6.

Ziskinberg

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Quote from: 24Kt on December 05, 2021, 05:59:48 PM

Quote from: JahriMeayer on December 05, 2021, 04:17:28 PM

I already have done several trades with meme coins. For me, I'm a detector, who always looking for opportunity. And if i found an opportunity on any meme coins then of course i would like to best use of it. I know, such step could be risky so need to get alert highly but its not about "meme coin market will crash after i open a trade with meme coins" but definitely I'll select a meme coin whom can be trust & good marketcap

If you know when to enter and exit, and get your profits, then you're all good. Because most are just waiting and holding up until they incur big losses. With meme tokens, for me, this is not for long-term, you should discard it once you are in good profit. Because if not, you will be holding crap tokens with no value in the market. So if you are just into meme tokens for the sake of profit, why not? But for long-term, I don't suggest.

And to use them for trading is risky, that would I say. If ever I have some meme coins, I certainly don't hold but rather sell them and invest in potential coins. Even we could say that Shiba Inu is growing and has the potential, but because of being a meme coin, that still we need to be careful and wise enough.
I don't stop people from using meme coins for trade as that was their choice but should be aware of the risk accompanying it as it was far different from those coins that have been known for trading and have huge trade volume.

tulusikhlas

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Whether we like it or not, we do trade it, not a few of the market for meme coins have penetrated many traders and including myself, have traded 5 to 10 meme coins. To eliminate curiosity, because on social media everything is quite full of news and hype mem coin. Although I know how the risk behind it all. However, as many people feel, if I don't try, I don't know what the risks are. After trying it, the results are completely different from other coins in general.

agustina2

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Quote from: Mehedi72 on December 03, 2021, 01:24:53 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??

Yes, I trade meme coins. Not because they are good but there's a good volume. Regardless of a coin status, just trade them if you see them active in the market.

That's why we trade in the first place, right?

As always, be careful on the way.

GreatArkansas

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Quote from: Mehedi72 on December 03, 2021, 01:24:53 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??

If you are a trader I don't think so that you will only trade with meme coins. Because for me as a trader, if I am choosing a pair that I will trade on, I have several reasons and considerations. Like trading volume, market structure. Trading volume is much important because it indicates how active the market is or that pair.

So regarding with meme coins, recently they are owning and pumping so you can see huge votality and trading volume, so it still depends and also in different timeframe.

EdenHazard

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Crypto alone are enough volatility.

with meme coins poping up everyday and the volume get higher as well ... there is double volatility for you.
if you choose to go for full speculation then go ahead , just remember the risk .
some people says it's shit and will get disappeared someday , better to trade on something that well known and you just had one job. minimize tge risk , not taking that double risk.

24Kt

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Quote from: JahriMeayer on December 05, 2021, 04:17:28 PM

I already have done several trades with meme coins. For me, I'm a detector, who always looking for opportunity. And if i found an opportunity on any meme coins then of course i would like to best use of it. I know, such step could be risky so need to get alert highly but its not about "meme coin market will crash after i open a trade with meme coins" but definitely I'll select a meme coin whom can be trust & good marketcap

If you know when to enter and exit, and get your profits, then you're all good. Because most are just waiting and holding up until they incur big losses. With meme tokens, for me, this is not for long-term, you should discard it once you are in good profit. Because if not, you will be holding crap tokens with no value in the market. So if you are just into meme tokens for the sake of profit, why not? But for long-term, I don't suggest.

JahriMeayer

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I already have done several trades with meme coins. For me, I'm a detector, who always looking for opportunity. And if i found an opportunity on any meme coins then of course i would like to best use of it. I know, such step could be risky so need to get alert highly but its not about "meme coin market will crash after i open a trade with meme coins" but definitely I'll select a meme coin whom can be trust & good marketcap

Smitty Werben Man Jensen

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Quote from: cheezcarls on December 04, 2021, 09:08:25 AM

I can say that you can make profit with meme coin only if you are on high alert with the chart movement and got lucky when it pumped all of a sudden. However, it’s still very risky than investing on long term coins and tokens in the market. I had no luck in trading meme coins, as 99.9% of them are at a loss lol.

Buying meme coins I think the right time is when there is a trending coin it's good to buy and has the potential to go up,
in trading meme coins we have to really use it well otherwise we will lose money because the risk is big,
and at times of hype it's time to sell and make a profit don't hold it in too long

geegaw

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Quote from: cheezcarls on December 04, 2021, 09:08:25 AM

I can say that you can make profit with meme coin only if you are on high alert with the chart movement and got lucky when it pumped all of a sudden. However, it’s still very risky than investing on long term coins and tokens in the market. I had no luck in trading meme coins, as 99.9% of them are at a loss lol.

Sometimes intense concentration is good to train the accuracy of each trading session but it applies to good altcoins which will have more stability as the charts drawn have more key points that can be exploited while with the coin meme, the graph drawn is quite an illusion of volume and fluctuations, pay close attention to the pumps of the meme coin, almost a suddenness and vigilance cannot contribute to this light oscillation handling. Once unprocessed, inertia and personal handling become more, the coin meme is quick gambling, not genuine trading thinking

AicecreaME

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Quote from: Mehedi72 on December 03, 2021, 01:24:53 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??

Trading meme coins is a high risk high reward trading, it's okay as long as you know what to do. Meme coin is so easy to be manipulated unlike the other big coins, so it's important that you always monitor the market movement so you'll never miss the opportunity to make profits. But of course since it could be easily manipulated, you have to put stop loss in every trade to avoid further losses as much as possible.

cheezcarls

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I can say that you can make profit with meme coin only if you are on high alert with the chart movement and got lucky when it pumped all of a sudden. However, it’s still very risky than investing on long term coins and tokens in the market. I had no luck in trading meme coins, as 99.9% of them are at a loss lol.

dothebeats

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If the volume and liquidity is good, I would certainly try my luck at it. But regularly, it would be bad for my profits as meme coins are notoriously known to be hype coins that doesn't have the ability to retain value over time. So while the hype is still there, trade it until the attention over said coin has died out. Then again, these coins are only few and far in between, and you can't really get some trading knowledge out of it since it's a one time, big time thing.

Issa56

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Seriously I also like trading meme coins but due to high risk associated with it I always invest just little amount, I always invest any amount I believe even if I lose it it won't really affect me. Meme coins can easily change your life for good l, it can turn you to millionaire overnight but my advice is that if you are trading meme coins don't invest any amount that will affect you when you lose it.

livingfree

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Quote from: Mehedi72 on December 03, 2021, 01:24:53 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??

It is that traders choose the coins that they want to trade and they're confident of exchanging it. Profitable is always a reason why we're choosing a coin to trade.

We might hold it temporarily and wait until it goes on high.

What's good on it is that we're just waiting until increases on its price. So for a trader, whether a meme coin or not as long as he knows he can profit from it, that's what matters most.

palle11

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There is no difference in trading a meme coin. Rather it is more in profit especially when the market is beginning to pick up after correction. For example with the correction market now that almost all crypto is in red, so making an order now is profitable and cheaper. Bitcoin price dropped to $47k and meme coins have dropped to many zeros so going for them now is the best a trader can get.

BitcoinAccepted

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I do like trading them if there's a hype because for me it's easier to go along with the hype and stuff rather than to doing technical analysis and we know that most of the time TA doesn't work on meme coins since they are really volatile depends on the community hype but if it is something like big market capacity coins a TA is really powerful tool to trade with it.

Rruchi man

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Quote from: Mehedi72 on December 03, 2021, 01:24:53 PM

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

An approach to trading like this often ends disastrously for a trader. A fact is that the lure of "Quick money" will be the downfall of any trader if he or she is not careful. As a trader, seek to develop a steady and growing income from your trading activities rather than jumping into quick money, that way, it will only get better for you.

zaesvlas

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To be honest, there is absolutely no trust in such coins. It is trite to understand that this will not lead to anything good. And the price can either skyrocket or fall quickly.

mk4

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Memecoins like DOGE and SHIB can buy fun as hell to trade at the right moments like when they're at peak volatility — especially those times when these coins are having their rounds on social media. Most of the time, it's going to be pretty easy to counter-trade the masses.

With that said, I definitely wouldn't hold these for more than 3 days.

Ararbermas

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For me meme coins is not good for trading especially when it come intraday since they're not showing good volatility when its not their right season.. It's skeptical that's why i personally preferred to buy dip when it comes memes coins and hold for long term until they make hypes again then dump because that's how these kind of coin works unlike other alts in the market wherein so volatile even it's not their season as long as the market is green as well.. That's why i can tell memes is different when it comes trading..

Topic: Would you like to trading with meme coins?? - page 6. (Read 780 times)