Would you like to trading with meme coins?? - page 7.

wajik-tempe

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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??

Meme coins trading is a high risk high return trade, it could going up 50% in an hour and could crashe 50% in a hour, so it's trader choice.
Sometimes people trades this coin just to have fun with a little possesion of their portofolio to try their luck.
Me personally also did it with 2-5% of my portofolio to invest in early project of meme coins, sometimes it works sometimes it's not, but do not invest on a meme coins for a long run.

danherbias07

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Traded Shiba Inu before but I already stopped it. Once you see a profit, take it. If you want to go back, be sure you are at the right time that is cheaper than how much you paid the first time you purchased it.
It's fun trading meme coins like the one said above because you are dealing in millions of amounts but at the end of the day, your focus should be the profit in it and not just playing around with the coin.
If you don't like being busted in capital due to volatility be sure the meme coin you are trading is in good position using its history.

adaseb

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Trading meme coins is purely momentum driven. When there is strong demand such as Musk pumping doge then you gotta get in quick and when you notice the hype ending then you need to get out quick.

Doge isn’t the only meme coin. There are stocks also like GME and AMC which aren’t meme but they pumped like crazy during those wallstreetbets days and now they are heading downwards because the hype has died off. SHIB is also another one which was hyped like crazy in the past and now it looks like the trend is downwards. Will most likely lose 99% of its value from ATH.

sheenshane

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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.

A trading plan is also very important for you to avoid being confused or it becomes misled which will result in massive loss. IMO, meme coin isn't good for long-term trading, it might be good in the short term but you must be careful.

Hypnosis00

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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??

As I always said, there is no easy/quick scheme in trading, even you use hot coins. It seems we need to keep thinking that it could be hard and so I need to do it wisely and must be near perfections. And that also matters the choice of coins to trade. Meme coins are not a wise choice for me, yes, we could still make some profit from them but can't deny that their time is almost in the end after seeing declines in most of these coins. Only Shiba and Doge have only the name after showing a huge pump and only these coins have the potentials. Well, choosing them is a good choice but I can't imagine taking them as I didn't have strong beliefs about these coins. I'd still be choosing those coins that have a high volatility rate.

Hamphser

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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??

Trade with caution as always whether you are dealing with Meme coins or not because everything on this market isnt an assurance for you to make profits thats why you should really be that wise and chosy when it comes on selecting those coins because we are risking our money on here

which means that you should mind on every steps you do make or else it would really surely cost you money.

Meme coins is really driven off with hype which it is really up to you whether you could deal with that or not.

maju69

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Unexpectedly, I've certainly traded using meme coins. Well maybe because the hype is enough to make the market crowded with things that always appear with meme coins. It's possible that I also experienced how trading meme coins is actually not a good idea for our portfolio. To eliminate curiosity, of course, I did it and like most people, the most common thing is that we can buy meme coins but not necessarily sell them, aka shitcoin scam. especially on the Binance Smart Chain network which is only available on PancakeSwap and Poocoin.

arbifahrozy

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Yes I use some time meme coin for trading because in meme coin profit and risk is too much so I take risk with small amount meme coin always full with risk so I recommend never invest more portfolio in this

Mehedi72

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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??

Topic: Would you like to trading with meme coins?? - page 7. (Read 832 times)