Bitcoin Forum

Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.

1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.

2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.

3. Be realistic and don't join the FOMO since this could lead up losing your money.

4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.

5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.

Thanks and all that you mentioned are the best proactive measures to stay safe from being in the wrong cojn investments,  indeed the hype on meme coins have been on the increase lately and this point to one thing and that is a scam and dump party about to happen and a lot of investors are going to experience loses.

So best to avoid investing what you are not willing to gamble with,  in fact, don't take meme coins as investments rather take them as just gamble and stake only what you can afford to do away with, be hard the worst experience with hype and shitcoins and now we are educated enough not to ever take them seriously.

I observed some developments in the meme environment and realized something about a series of projects that have received a lot of buzz like SHIB, FLOKI, PEPE,... and even long-standing projects like Dogecoin the fact that many people see memes as a joke and gradually turn into an indispensable part of this market, because of how good the project is, no matter how good the technology is, no matter how strong the financial potential but without a community it is not possible to give a good or lasting signal about survival in the crypto environment. Many projects have followed this form to give % airdrops to the community, or the easy meme listing on cex does not need many binding criteria, sometimes just money is enough to push any silly project what a fool.
And the truth is that memes born as a joke don't have the criteria for long-term development, and anonymous dev can scam and rugpull at any time. So the meme environment I've seen so far from projects big or small, they are all entertaining and not sustainable, short-term fomo but huge profits make many people gradually get into the game or multi-level form hiding under the crypto investment environment, and newcomers are always attracted to greed and will learn from these.

Good advices but here's a thing or two about these people that have been investing into these and keeping the faith for their fate of being rich with those.

They won't listen to people's reminder that are worried and concerned about them. They'll continue to what they've been doing and no matter what reminders and tips you give them, they'll still give their best shot to it.

As they've been into, they'll only say that they afford to lose it and what if the investment they've made there will make them rich. Even so, they won't listen until they ran out of money.

Honestly, I think investing in shitcoins is just gambling. You might get lucky and make a quick profit, but the majority of people end up losing money. Shitcoins and memecoins are nothing but pump-and-dump schemes orchestrated by developers looking to scam people and make a quick buck. Never believe their promises or get swayed by FOMO. But not every altcoin is a scam. There are legitimate projects with solid fundamentals and long-term goals. I prefer sticking to reputable cryptos with proven track records.

This problem which cause a lot of financial losses from those investors because they believe that the group of people they know online tells a true information to them and they ignore the warnings of people who's been concern on the actions they made. If people still believe that they can easily get riches on investing on shitcoins then provably they will end up miserable especially if they are the type of person which is easy to deceive by those manipulators.

Isn't it better to advice people just to stay the hell out of this mess? Since we agree that they are created to scam people for money, they have no utility and only a "funny" name, is there any technical or fundamental indicator that can predict when the project developers will get bored and throw away all the coins doing 90% dump?
The whole thing is therefore nothing more than a casino which, unlike a roulette, has no known winning probability or house edge. It is therefore much better to go to the casino and bet on 00 all your money.

I will say more. by participating in this scam, we are only adding fuel to the fire. We make the attention of the community and investors not focus on new, innovative, groundbreaking projects, but on scams that do not bring anything new to crypto space. You wanna gamble? go to casino.

Nice post, OP. Very helpful to noobs who may be seduced by the promises of extreme wealth & opulence from shady shitcoins. You can definitely make good money on alts but you are far more likely to lose money than if you buy bitcoin or ethereum.

I think it’s OK to buy alts & tokens but don’t expect them to be a long term, sophisticated investment. Get in & get out when you make profit if you’re able too. Most alts have no utility & no future, it’s a short term smash & grab. Get in & get out.

Many investors know all of this but they prefer to ignore all the warnings in the hope that they can gain a lot of money being the early investors and when there's a huge pump, they know the admin will dump at an unexpected time and they are looking to dump ahead of the admin or when the admin is dumping.
There's a huge risk in investing in shitcoins you have to be on alert because anytime you could become a bagholder of the shitcoin you bought, never think that you can hold a shitcoin for the long term, shitcoins are created for admin to profit they are worse than a Ponzi scheme.

Many know the risk but choose to ignore it since what came out on their mind us to gain profit. They didn't mind those scamming since they are aware that this scenario happens. This is one of few reason why this scam devs became successful since there are atill grady people who want to test out their luck and and try to place a bet to test out if they could able to earn huge money for joining it.

There's huge risk investing on altcoin that's why we need to be more vigilant and suspicious on anything what we do especially when dealing some money yo anyone.

Investors will never sees them as shitcoins in the first place because they are so desperate to make money through them, but immediately they fail, then comes manners of them that people called then, they are just tokens, maybe people should begin to learn about the meaning of the word token and how it's been applicable in cryptocurrency, they are not the real coins.


Don't believe them, dont rely on them, don't trust them, they are out for business and it will be better for you to consider them if you're able to developed a thicker skin.


This comes often especially when the market begins to go dip, everyone on a run not to loose what they have invested, such is very common in altcoins investment.

What @OP said is true but there are still people who want to gamble with those shitcoins so they invest their money to buy meme coins and hope the meme coins explode once they are released to exchanges. But that is not the case as only some meme coins can explode while others will disappear from the market even before the meme coins are released.

So if you want to gamble with coin memes, you have to be able to find the right coin memes to get big profits. This is a difficult thing to do because, from the many coin memes, we have to get a lot of information that is not all true. So it's true that we have to be careful if we want to buy those meme coins.

Can you define a shitcoin? Because back in time everything else but bitcoin was a shitcoin. And usually everythign other than i hold is a shitcoin. There's a wide shade of brown in shitcoins and many of them have been launched with good intentions. Not everything has been a scam from the start. Many of them are but not all low cap altcoins. They just later failed as they didn't got any hype or developers.

everyone should know investing in shitcoin in general speculative but also more of wasting money, only 1 out of 1000 gonna give you massive profits, everyone thinking they could become rich overnight are delusional unless they got really lucky.

I dont even try to invest this kind of coin it is a waste of time and it will make me loss if i invest in this kind of coin i will invest a very small amount of money on it this has no use case and no future development only the creator of this coin earn not the investors, i will invest a good coin even if it is very expensive than investing on meme coin.

The first point is not even applicable for the token like doge coin and shiba inu. As long as the meme coin has fair distribution and it will not be dumped or rugpulled by the creator of owner. The fair distrbution has become the key to avoid the scam developers.

I think that some points won't be suitable for some tokens like doge coin and shiba inu. Shit token was speculative but fair distribution will able to decrease possibility for dev to dump in your ass.

It's a lot of things to be remember but the primary concern that must be known by people before they will be putting their money into the shit coin is they should have know if they were gambling with their money. There must not big a big expectation for that.

You will always be winning or losing. That's it. That's why only using the small amounts of money for meme coin.

Mostly they would not listen to the advice given since some people think that people give them an advice just want to deprive them the opportunity to earn. They are close minded especially if they already have an investment on some shitcoins.



So hard to find since we always have doubts if we talk about those shitcoins that's why other fall on trap then get FOMO since they think that there's a round two or even more rounds of that coin to pump.

Well before investing into a meme coin we should do some research and study first. Check on the purpose and utility of the coin. Research on the credibility of the development team and their background, how well do they do know the goal of the project etc. The market demand and potential growth of the coin. Check also the risks involved and your financial situation. We should always remember to do your own research and make informed decision before investing in any kind of crypto currency to avoid such losses.

If this is what we want to happen, then why we should have to spend our time with these meme coins?
In fact, we have ETH, BNB, Matic, etc, those potential coins that we have known for many years. But because most of us wanted to become rich instantly, people will still invest and lose their money in hyped projects and shitcoins.

As the adoption continues, we also keep hearing these advices but unfortunately, this will never change the market sentiment, people will invest shitcoins.
And this issue remains forever because people still not learning and more innocent people comes and fall into it.

The most important thing is to entirely avoid shitcoin.

Shitcoin was designed with the intention of defrauding people. ​it usually doesn't work out successfully, you shouldn't assume that it will ever provide you a profit, whether it's for a short-term or long-term goal. Due to the possibility of a scam, there is no need to invest in it at all. shitcoin should be avoided with passion

first of all, thank you for this very useful thread, because many people want to get rich quick just by investing in meme coins, regardless of the risks involved, I think the biggest influence of people buying meme coins is just because of FOMO, they buy meme coins without understanding about what did they buy

It's true that some individuals may be resistant to advice or warnings when it comes to their investments, especially if they have a strong belief in the potential for financial gain. This behavior can stem from various factors, such as overconfidence, fear of missing out, or a lack of understanding of the risks involved.

While it can be frustrating to witness someone disregarding cautionary advice, it's important to remember that individuals have the right to make their own decisions, even if they seem unwise to others. It's essential to approach the situation with empathy and respect for their autonomy.

Would be vague to just avoid. Shitcoins are still profitble you just hve to study their price actions and to know when would be the right time to enter. OP have valid points in particular with not holding the mentioned category of cryptos for a long period of time. These tokens are just good for short term holding and I'd say best at swing trades only. Holding for a longer period of time would more likely result to huge loss given that prices often decline upon the release in the market. As long as there's volume then it has a potential. We just have to make use of that potential and not to jist wait for things to be in favor with our expectations as investors.

That's right although there are so many scams but still this is not valid ground to totally leave them. There are shitcoins giving some good profits to their traders, we just need to be cautious and avoid get hype on situations happening like big price increase so that we will not lose our money for wanting for more. Its just we need to out smart those scammers and never believe on any hyping techniques they want to create.

Shit coin's is a meme Coin that have to make a research before investing on them, and the chance of making profits or losses your funds is very high and that is why I don't like invest in meme Coin, but rather invest my money in coin that has already established with less quantity supplies.

I'm not fan of shitcoins but i invested a several times in new shitcoin as like Shiba was my profitable investment, it’s was very hype coin still most popular coin in the market, now PEPE is new hype coin in the market. But i would not like to recommend big investment on meme coins because here your money will be high risk. So, you have to invest such of amount of money which is affordable for you.

You seem to have understood the risks of investing in shitcoins or coin memes. it is very risky and you could lose all your money while still holding it. Some of the memecoins that are listed on the top exchanges usually have a large and solid community, so the support is very strong. But for memecoin which is only present when the hype is not going to be anything in the long term. But SHIBA, DOGE or PEPE can be the top memecoins to choose from, but I also warn you that this is a fairly high risk. use free money that is not used for any needs.

Even if I go in, I see more how many markets are trading meme coins, for example PEPE right now. There are 72 inactive platforms when viewing CMC data. Yes. although here we are required to be more calculating when investing in this meme coin. To get rich quickly, in my opinion, is not easy, isn't it like turning your palm if you invest in this meme coin and I agree in terms of selecting funds using free money that is not used for any purpose as you convey.

One more thing, Pretend that investing in Shitcoins or Memecoins is gambling. There will be times when you are lucky and get returns tens of times and often you will find cheating so you will lose your money.
I often tell my friends, DON'T BELIEVE IN SHITCOIN because it has happened many times like Floki Inu, SHIBA, BabyDoge, ElonDoge, and currently PEPE. Unless you want to have fun please invest there.

Humans love to stay in a fantasy world where they everything at the easy with profits from altcoins as one of them.Bitcoin itself is one enough asset to trade on and they are burdening themselves with another coin. Very few newly launched altcoins have been making to the top ten list on aggregator sites and those have become long term goals for most people. The coins from scuh projects are often compared to bitcoin for their price but memecoins are nowhere near them.

If interested in memecoins please give them some time at least 2y time period to cover their shady activities and then put money on them.

I agree with your points. These are the things that I often say to most of the people who asks me about Meme coins and shitcoins. Although I do not advice investing on those for beginners, if the one asking about it is really set on jumping into Meme coins and shitcoins, I don't stop them as well since it is also a great learning experience. Besides, there truly are profits to be gained from these types of coins if you just know what you are doing.

Too bad though, despite giving the advice, some people still tend to fall in love with their investments which makes them ignore all the knowledge they have and go titanic ship captain and sht on their investments. Sticking with the coin despite the sinking price ending up losing more than they should. Oh well.

Because they always love to hear success stories and they want to replicate it. But the problem is they want to do it without doing extra efforts or by just using their own money. That's why they fall on traps set up by those devs and they just been deceive by potential profits that has been projected to them. Although we can't deny that there are meme coins like pepe got a big pump but its hard to spot up the same like which can give us big profit since the next will follow with that are those scams which replicate its name.

All of your points were right but i thikn that if people are having sense and they will not be trying to put their money in the shit scam meme coin. Meme coin was just meme coin. There are no intrinsic value on it.

It's BS that already made for the scamming purpose only. That's it.

Orrr just doesn't invest in meme coins in general if you want to be a smart investor. I don't know exactly how much chances there are of finding a gold mine in memecoins, but I reckon investment and time would probably go up by much to the point where the effort spent wouldn't have been enough. It might've been possible for a lucky break to happen but eh, might as well have gone to the casino in that case. If it were a side investment of sorts just because, well, you had free available money then I reckon as an investor it should be fine. I mean it isn't your major investment after all, I hope.

I agree if you say coin memes we don't make it a major item in our investment. but if there are more results than trading profits, in this case trading, either daily or weekly, it's not wrong to also use meme coins, but with a note, look at the daily transaction of the coin, whether it's high or low, if you don't check out, don't look again. There are many ways to get to Rome.

meme coin investment is all about trial and error, you just don't expect something big coming out of your investment as it resembles gambling a lot, and the odd sometime even lower than gambling, such a bad idea if you think your investment will always give massive profits.

This applies to most new coins and tokens out there. NFTs too. It has been so since i got in. Anon devs have nothing to lose, if they make money with that tactic there's no reason to keep going and abandoning their projects right after start.

Other points i agree totally with. But new people are going to do same mistakes over and over.

PEPE is indeed one of the popular memecoins right now, even more popular than Doge,
I can say this because PEPE can be trusted by Binance and listed there,
because we know the memecoins listed on Binance really make a difference, and I'm sure PEPE can be one of the best of MEME coins.

Investing in cryptocurrencies, particularly with the rise of "shitcoins," demands extra care. Before investing, it is critical to undertake extensive research, study projects, and assess their long-term viability. Be skeptical of developer promises and avoid succumbing to FOMO or temptation to hold or buy more. Instead, concentrate on being a wise investor, managing risk, and staying current on market trends and regulatory changes. You can navigate the bitcoin world more successfully and make solid investing selections by taking a thorough and informed approach.

Educating oneself about the fundamentals of investing, understanding market dynamics, and practicing due diligence is key to making informed decisions and avoiding potential scams or losses. Diversifying one's investment portfolio across different asset classes and maintaining a long-term investment strategy based on sound principles can help mitigate risks and improve overall investment outcomes.

Even memes by themselves aren't really for the long-term. See how many memes from 2013 already had ceased to almost get mentioned around social media these days although the OG memes like troll face and Bitch Please still kinda gets random mention but when we're talking about memecoins, you know that ain't worth it.

For #2, you should not believe anyone's promise around the INTERNET unless it's someone that you really trust but even in that cases, you would somehow be cautious.

Rugpulls happened within NFTs even those games that were almost like a wasteland. Devs won't give a shit about their player's loyalty even the community. Just see how many NFT games out there were like hot topic back around 2021-2022, but then right now everyone just went silent.
Sure there were still livestreamers playing those NFT games, but it isn't as profitable as before.

I would add to this theme that it's important to always watch where memcoin is listing. If it happens exclusively on pancakeswap, then you should definitely stay away from such a coin, because on this exchange mostly all sorts of scams appear, and such projects don't live long. If memcoin is listed on other exchanges, more famous, then it is not so clear.

For me, this is very common. Because hype these days is common, if what is trending, people tend to go for it, some people who are early to the party are for sure making the most money, while those people who are already late, could lose some of their money.
When Memecoins started, I didn't even try it or tried to buy any random memecoins.

I'd say it's more like gambling because we don't know what the future holds for investing in meme coins. Most meme coins cannot survive the competition among the meme coins themselves, let alone compete with other new coins or coins already gaining a place in the market. Meme coins that can survive in a good position in the market are few; even then, they can disappear anytime. So maybe this is why meme coins are like investing and gambling at the same time. And strangely, many people are still interested in investing in these meme coins and even buying them with a lot of money. It's all because of the hope of getting huge profits from investing in meme coins.

Better if I see then on more pronounced exchange than that pancakeswap that have birthed a lot of scam shitty coins in recent time, in fact, that exchange has become a dumping ground for all the shit coins and projects that are just created as hypes and nothing more.


Even as a struggle to believe in the possibility of a truly functional and long-term memecoin with any use case to rely on for long-term goals, I still know there are few of those coins that present something near alternative but can we rely on them for the long term, that remains a question of time.

In the context of exaggerated memes, it is not uncommon for investors to choose them to get rich quick. In fact, there are a lot of people who change their lives thanks to these coins, but overall, I don't think it's sustainable. Because money comes easily, it also comes easily, so I think the way you handle it and your mood determine what you are thinking when investing in these meme coin investments. What matters is whether you follow the hype or not because coin memes aren't really bad; the bad thing is how you join them with investment decisions.

I do agree that it is not going to be simple to invest into these things because they are just too volatile and based on excitement and hype nothing more. If you can rally up people then you can get them to invest into any meme, it could be pepe, it could be doge, it could be shiba, it could be ape. You can start a rick/rolled based token and you could get people to invest by just sending them to the video lol, there will always be people who will invest into memes.

All you have to do is rile them up, and if you can do that then you can do wonders. Obviously there are good versions and there are bad versions, the ones that rank in top 200 are the good ones, the ones who can't even get the funding are the bad ones, they will not worth anything and just trying to make money based on the hype.

Even though things like this are always emphasized but of course we still see lots of people who are naive and still believe that they will still experience real profits when they are in shitcoin even though that is a false hope.
Reminders like this are obviously something very good, it's just that we know that the majority, especially for beginners, are a lot of naive people and expect something instant in this matter.
But even so, at least there are good people who remind me and I like this. At least it's possible that with something like this there will be some people who realize that false hope in shitcoin never creates really profitable conditions because things like that this only makes it miserable, especially for those who don't know the momentum and only follow the hype.

Good point you mentioned, but sometimes I keep wondering why some big exchanges are listing these hype meme coins when they know they don't have any tangible thing to offer other than the hype the coin, the project dev's and early adaptors will dump the coins on people and move on to retire, I think if exchanges starts to vet these coins, they might be a thing of the past

If a person is determined to invest in those coins then there is nothing we can do to stop them, but at least those people should be incredibly cautious once they are invested in one of those coins, in my opinion those people should always be ready to sell their coins at the most minimal sign that the coin could begin to dump, and this is because the last thing you want to do when holding those coins is to still be holding them when they are crashing, as it is possible you will never recover your money if you do this.

The risk is each other's responsibility, getting into memecoin means being ready with all the risks. Using a minimum of money to memecoin is highly recommended. Buy some and leave, maybe it will explode like DOGE, we also don't know what will happen later, but when Bitcoin price is bullish and reaches new ATH then most likely all altcoins will increase including memecoin.

i'm sure only certain meme coin gonna rise though if it's bull of bitcoin because many other meme coin just gonna get abandoned and slowly losing their market value.

Though all of these were true, but I guess more than half of the people who invested and put their money into memecoin already knew the risks and consequences if everything goes south.
A lot of people got easily attracted by how huge these memecoin can generate profit at a more earliest period or in a short term period in contrast with other well established altcoin with good utilities. That's all because of the hype the people build around these memecoin that would literally make the price go up multiple times. So, putting your money in memecoins is most likely that your purchasing a lottery ticket and hope that it would hit big in the next couple of months or so.

That's true, sometimes it feels like not everyone is aware of that. This is why I'm not investing in memecoins. I know more interesting ways to gamble or waste money.

And it turns out that the strategy has succeeded in increasing some meme coins and getting their peak price. That is also what makes many people also get the biggest profit by investing in this meme coin. But others could not get the right moment to create hype in the market, so the project could not survive and eventually disappeared from circulation.

But it can be risky because we don't know which meme coin project can go high and manage to get hype, so we can get stuck at the high price and not sell it anymore because once it reaches that high price, the meme coin price drops drastically and can't get up again.

Absolutely nailed it with the fly-by-night vibe of these meme coins or shitcoins. It's like they've got a touch of the Mercury – here now, poof next. Those pump and dump gigs are all over the place. Developers pump the balloon, inflate the prices, and then BAM! They sell off their stash and leave the average Joes holding the bag. But let's not go full cynical mode here. While it's smart to have your BS detector on high alert, it's not cool to label every new project as a scam. The golden rule is due diligence – always, always, always do your homework before throwing money at anything. Check out the peeps running the show, the roadmap they're peddling, and the buzz around the project. These can give you a pretty good idea if it's got legs to stand on.

You've also nailed it about the 'FOMO' factor – fear of missing out. Keep your cool and don't go running after every shiny thing that comes your way. Sometimes, it's better to be the one who got away than to dive in headfirst without checking if there's water in the pool. And kudos for your point about valuing any profit, no matter how small. In the crazy roller coaster ride of investing, it's the steady Eddy that wins the race. Keep your wits about you and a long-term view can help you grow your investments and dodge any potential bullets.

Most people that are investing in such coins are experts when it comes to selling their coins in the short term and they know what they are doing. The victims are those who believe in the hype they thought that it will last forever and the price increase will gonna be there every day until they found out that it will gonna stop and will crash. There's no way these coins will last forever because they don't have any contribution to innovative technologies nor any country or company will use their coins to be one of their accepted currency. It's all a hoax and drama and the people that are promoting it all this time will soon disappear and will gonna promoting another project again because their job is already done and they already get a decent amount of income from the poor victims who bought meme coins when the price was higher.

Never ride the FOMO. If you follow people who are creating hype about meme coins just because they are new then get away from them.
It's either they bought loads of it and trying to pump it up for their own good so they can sell it higher than their initial purchase or they know nothing about cryptocurrencies and just trying to get some attention. Another reason could be, they are paid by the company behind the memecoin project.
Please avoid them.
It would always be better if the decision will come on our own, that way we won't point fingers if ever something wrong comes and we can blame only ourselves for the mistake we made. There are loads of meme coins now so finding a gem is like a needle in the haystack. Chances of finding a legit one is very low.

all the words above are good. if it's not quite right it's just because excessive lust makes the words above not quite right. for me that's true, only we can manage or not wisely control money so we don't get carried away by shitcoin meme devs who really rarely have a long future. scammers will not disappear from the crypto world, at least these words serve as a basis for being more vigilant

We can already see at this point what meme coins will stick around. memecoins that are listed on major markets will have a better chance than memecoins that are only listed on regular exchanges. Examples like SHIBA and DOGE are listed on all exchanges and they are able to survive and will follow the trend of bitcoin when the bulls will reach a new ATH.

Generally, meme coins are listed in other more famous exchanges or centralized exchanges after they've got enough community hype and the centralized exchanges like Binance have seen some demand for them by their members, that is when they add those tokens since they know people will trade them and they will earn revenue from fees and stuff.

For me, even if a meme coin has been listed by a popular and trusted exchange, I wouldn't still invest in it since their hype is mostly only a one-timer and they tend to just drop and drop and stay stable after the hype is over.

All that is given as a rule of thumb for investing in projects of this type, of course, deserves attention. And these are the principles I try to follow. But I generally try to invest in projects that are useful and are used for something really useful. And I don’t invest in tokens from the area of ​​\u200b\u200bmeme and other shitcoins at all

When i invested in meme coin i considered my capital as a losses and i forget about it, i only invest small money with this kind of coin, a coin without use case is like a bubble it will lose the value in a long run, because it is not useful unlike coin that has a use case and has a capacity to rise example BNB POLYGON etc., Choose wisely guys scammers is everywhere.

Not created for long term does not applies to the likes of dogecoin which i will consider as father of all memecoins which have been around for such a long time and also manage to gain a nice spot in the top crypto leaderboard  :D
Yeah memecoins are not suppose to be for long term, make quick bucks and get out, but looking at the dogecoin, shiba inu gives a different picture about memcoins.
Overall, if you must participate in a memecoin, try to know who are behind it to be able to draw a picture where the coin is heading. Anyways, thanks for te tip.

It's best not to try to follow FOMO blindly, regardless. Because, in general, hype is also a double-edged sword for many people. Those who go first will benefit; those who come later will suffer the consequences. In addition to the excessive pumping of these memecoin projects, there are also many projects that take advantage of the greed of newcomers to scam. When so many projects spring up, it becomes difficult to identify them. Of course, this consequence is inevitable. So don't try to find memecoin projects because the chances of success are very low.

More people had lost their money from investing in hyped projects but many people had also earned a lot as well. Given that scenario, many people will still have their guts following FOMO and gamble with them. But this way is not suitable for low-risk appetite as they will just lose in the end. I'm going to say that investing in meme coins is not actually bad or a wrong decision but we have to be smart. And of course, use our spare money from doing this.

Leanr from your mistake. meme coin shall never be considered as investment instrument. You hve so many native coins in the market and why would you choose meme coin as your investment? i hope you learn a lot from your mistake.
OP has been making some good points related to the meme coin but he missing the last one to never consider meme coin as investment.

I still think that it is not a good long term investment. It used to be worth nothing and soo nit will worth nothing again. Just because few hyped people keeping it alive doesn't mean that doge has any value, it was a joke when it first started, we did funny stuff and donated to some funny causes and had our fun, that was it, it ended there.

If you really think that investing your money into dogecoin is a serious investment and hoping to make some money from it, then I could sell the Eifel tower to you as well if I work hard enough to convince you. Because doge is a joke, not a serious investment and nobody should keep a large amount of money there. I can understand few bucks, up to like 50-100 based on how rich you are, so you can join in on the "fun", but not a serious amount.

The question is if meme coins and shitcoins are worth investing in? If not, then why we should have to spend our money with them knowing that the risk is too high? So instead of spending time on these coins, better use them wisely for those projects that seem natural potential because in the end, we are still the ones who suffered when in fact, we have a way to avoid it.

So before investing, must know what we are invested. Because if we are looking into a profit, then have to invest potential coins, not meme coins especially, if we are aiming for long-term.

investing in meme coins is indeed very high risk, but if you are a rich person and have a lot of money then I suggest buying memecoins,
I have a good strategy, which is to buy each meme coin with a capital of $ 30 to $ 50 and not more, and hold it until time pump arrives,
indeed not all of them will work but I have tried things like that I get more profit.

The most obvious issue I see here is people's understanding of the cryptocurrency market is highly fragmented, some sections don't have the right investment perception and easily get caught up in the wrong things like shitcoins or memecoins, I can mention cases where I have witnessed an elderly person around 50 years old and a poor farmer in a rural area also being called to invest in the specific crypto market with some memes. It is absurd and worthy of condemnation that so many people abuse kindness or greed or the search for life-changing opportunities to scam the inexperienced, I really want to condemn the many things that many people in the world say. This environment is fabricated, but sometimes looking back, things are always fair whether we are famous or not, they will all come to an end over time.

Thank you for sharing your experience as investor or trader, which was my greatest mistake I made during last Bull Run, busy buying meme Coin and keep buying and buying, without much selling, while my expectations was very high by getting Rich quick, at end most of the coin are no where to be trade, few are worthless, Base on that I decided not to invest in meme Coin, or if I invest in anyone, my initial capital is very important to me, which is any little pump sell and back up initial capital. While hold few for higher expectations that is my new strategy to invest in meme Coin, while waiting for Bull Run market.

Stories like yours are incredibly common, it is easy to believe the hype you can read on social media about meme coins as there are a lot of people that have the interest to bring newbies to those projects, but you must resist the temptation to invest in those coins, right now this is relatively easy to do, but once the bull market comes and some of those coins begin to go up in value, there are many people our there that will forget about the losses they suffered previously and invest in those coins once again.

I had similar experience. I invested in a meme coin project during the last bull run and after sometime it added some good number of zeroes. I was new to crypto and I was really naive not to cash in and move on. After sometime, the coin took a deep dive but I was still holding hoping that it would make a rebound but I was wrong. I ended up regretting not selling when I was supposed to. My advice is to sell your memecoin any opportunity you have because most of them are bump and dump coins.

Yeah for all those reasons I rarely invest in meme coins since I'm a long term holder not a short time, meme coins easily pump and dump just because someone manipulates them to get more profits. Personally I'm really avoiding investing in meme coins except when I have money to throw freely in meme coins but something that I like about meme coins is their community is pretty solid to build the coin together.

if we observe, indeed coin memes have their own era, so we must be able to make good use of the moment. when there is a pump, as much as possible we have started selling it, because we don't know how long it will last, so we have to be able to control greed. many investors slip because of their own greed and expectations, so that what happens is actually beyond their expectations. it looks like the crypto world with meme coins will actually shine, because there will be more debate and this will become viral in the cryptocurrency world, afterwards of course there will be many stories to say that the crypto world is fraud

Right, because centralized exchanges are much more popular among crypto investors and have much more liquidity concentrated there. Listing memcoin on a centralized exchange almost always guarantees a sharp rise in the price of that memcoin. One big disadvantage of all this is that if memcoin is already listed on a centralized exchange, it will be extremely risky to buy it because the price will already be quite high, although it may still rise. If you bought memcoins on a decentralized exchange before that, and after that there was a listing on a centralized exchange, then you are very lucky.

The pancakeswap exchange has always been the spawn of all scams, because the listing conditions on this exchange are the most suitable for listing such junk coins. According to my observations, memcoin will bring great profits only when it goes beyond decentralized exchanges. Once listed on large centralized exchanges, memcoins always skyrocket in value and provide decent liquidity to profit at current prices. On decentralized exchanges, there is very often a liquidity problem when the price of a token has risen many times over.

Every meme coin going to listing pancakeswap exchange so how believe there service? They never spend money to listing paid exchange with very poor developed. If you have big assets then you can take risk buying shitcoins otherwise forget it. But a green market should make profits by all shitcoins users.

1. It was just money grab made by whales.
2. Called themselves devs without having software engineering skills, maybe social engineering for how many gullible people they made exit liquidity.
3. The better move is to make your position early and if it passed already few hours, don't enter.
4. Diamond hands until the volume is going down which is a good indicator to sell out first before anyone does.
5. Unrealized gains are nothing until you sell and that is where you made a real profit.

The worst idea any investor might face is buying meme coins listed on DEX, such as Pancakeswap, Uniswap, quickswap, and other alternatives. Most of these meme coins are rug pulls coins, and anyone can easily create a currency, modify the address of its contract, list it on DEX, and add liquidity to it. After the currency owner collects sufficient liquidity from currency investors, he withdraws the liquidity, and the meme coin turns zero. CEX platforms can be safer, but the risk is that the currency and its pairs can be delisted when the exchange platform team finds significant instability in the prices. It rises with hype, and after it subsides, you see its price in red. I have no certainty about meme coins, and I am not interested in investing in them because thousands of promising currencies have actual use and factual projects in the market.

one thing for sure is when investing in these meme coin just considers your money gone thats it.
then eventually if the investment give back some profits, consider it as a bonus, it's that simple, but many are overly expectant.

I agree with all your words. I don't even recommend long-term investment in Doge even though Doge is supported by the richest man today named Elon Musk. Elon is also an entrepreneur and at any time his business could go bankrupt and other possibilities he could switch to supporting other projects and leave Doge. If this does happen maybe the price of Doge will drop dramatically. meme coin unlike altcoins with utility there is no reason for someone to hold meme coin except for hype reasons. Most of the meme coins also don't have competent team and also unclear roadmap, in other words the reason meme coins have a price is just hype.

The meme coins were mostly come from poor developers. Listing on cex needs money. that's why poor developers will always try to wait its token to get enough liquidity and they will dump their token to get it to be used to list in the exchange site.
That's how the game is playing this time.

there is reason some meme coins reserved some portion of their coins for "developing and marketing" purposes that's for them to get listed in exchange, I don't think most of meme coin will get real development going on after making their coin public anyway.
so basically the developers are just testing the water first, and sees whether their meme coin turns out to be success and generating massive liquidity from the liquidity added by the "potential" investors out there and dumps their coin for the opportunity of listing their token in famous exchange,
after all if they instead tries to dump their coin for their own purpose many would be alerted that this coin might be just scam and have the potential to make some rugpulls.
the exchange listing usually comes after the coin become famous.

I must say that these tips are worth considering as the market is getting flooded with several meme tokens. If we look closely, we'll remember that it's the hype for dogecoin that resulted in this meme coin craze, but we need to understand that there's no value attached to meme coin, it's only a joke as its sounds and it would be careless to attach great importance and value to jokes.

Nahhh. Just don't invest into shitcoins. That's all.
You know that shitcoins are just there for the hype right? Why care to throw some of your money in investing into them if you already know that there's a huge risk if you're investing into it. Anyways, I will comment to all 5 that you said.

1. I don't know any shitcoins out there who have been lasted for like years in the crypto space because most of them are either a rug pull shitcoin, or just a dumped coin. As for meme coins, we've seen already DOGE, and SHIB that has been at the top in terms of market cap for years already especially DOGE, and now we are seeing a new meme coin in PEPE. Overall, I will not hold any of either meme coin or shitcoins for mid to long term.

2. I've seen some devs that has been into a project that has been considered one of the best by some investors, and has been trusted by them, but in the end, they lost their money. In general, whether it is a shitcoin, or a meme coin or just a new project, never ever trust the developers.

3. You will not learn unless you will either experience it yourself, or you will listen to the experience of others. Newbies are more often the ones who are getting FOMO'ed because of lack of experience, and knowledge as well. Anyway, FOMO is another way for an investor to lose their money.

4. At first place, why you let other people decide for your investment. As an investor, it's a must that you, and only you are the one that will decide with your own investments, and not others. If you follow other people with what they are saying, chances of you losing money is high, and you can't blame them if you followed them because they will say "Not a Financial Advice. Do at your own risk."

5. For an investor to be a smart one, s/he must learn anything not only Bitcoin, but in investing in general. All of the things that an investor must do in order for them not to get scammed. As for profits, unfortunately there are some investors who aren't contented on their profits, and they want to invest more as they gain profits. It's good for me that I learned how to be contented with regards to profits already because I believe that opportunities in cryptocurrency are happening more often than that on the stock market. Because crypto is more volatile, it has a higher chance for me, and for others to gain profit.

We all need to be careful in our decision regarding buying meme coins and holding for long term. I personally won't advise anyone to see meme coin as a good store of value because the market is basically a pump and dump scheme. The best approach us to trade the coin on a short term basis and always remember that this is not a financial advise as I'm only sharing an opinion.

So the thing is that buying on DEX exchanges is the most promising for memcoin gems hunters. While memcoin is not listed on CEX, it has not risen in price much and thus there is a chance to make money. This is a very delicate point and is more calculated on luck. If memcoin gets to the centralized exchange, your scenario with deletion because of the price difference is very unlikely. It makes no sense to pay exchanges a lot of money for listing your project to take all the liquidity out of it later. Such behavior of coins happens only on DEXs, because the cost of listing such projects is zero.

For newbies this is very difficult to do, as they cannot stop to look for the biggest winners on the last 24 hours and they cannot help to think about all the money they could make if they just invested in those coins, but what they do not realize is that if they look for the same coin a few days later they will see that coin suffering massive losses during a 24 hour period, however since they believe themselves to me smart enough to sell before that then they cannot help themselves and keep looking for meme coins in which to invest.

Many people consider this a gem and think that they become rich from investing in meme coins. But instead, they are dragging themselves towards an investment that gives them losses. Maybe some investors who have a long market experience and already participating in hypes before could make a profit from this but for newbies, that's something I've worried about because there is a big chance that they would lose their money than make a profit. And much more for those who invest for long-term thinking it pump during the bull season.

Most of the meme coins are no utility and absolutely no use in the long term.
But, If you are in a inner circle of meme coin (devs and their friends) then you can make serious money. If not then you will lose money.

If one thinks of making money by investing in meme coins then it will be very foolish. I think we can buy meme coins as a hobby but it is not for long term holding then if one invests in it he will not be able to make money. We have to see that we should invest in all the coins that will make us profitable.

Investing in meme coins for long term is too risky and not worth it,
for sure it's not the right choice and in the end it's just a waste of time so consider it before doing that,
the best option is still investing in Bitcoin or Ethereum and it is much safer.

Buy during the green candle will become the worst idea. It will be dumped to the ground easily. think about that. Any dex has become the place where meme coin is trading since cex will not be listing the meme coin easily.
Im not surprising to see that happens with it. That's why dex was always become heaven for meme coin.

the truth is that meme coins need a famous person to support the meme coin so that it can go up, the case of doge coin only went up a lot because it had a lot of support from a certain people that we all know his name and we all know that this billionaire person just started supporting doge coin because he couldn't manipulate bitcoin so he went to where he could easily manipulate it, this is something extremely dangerous for a coin, but as people just want to make a profit and are not worried about serious achievements like these

so people started buying meme coins and just want to know about their profits, things like whether or not someone is manipulating the meme currency or if it was a pump and dump scheme people don't care about that kind of thing i I am sometimes wondering if they are not afraid of losing all their money in this scheme, but when I see them on the internet saying that they have been holding a meme altcoin for many months, then I immediately understand that they are not worried about losses, that became a game for many people and not a long term investment, being seen as a game people only expect two outcomes
 
that are making a lot of money or losing a lot of money, they don't expect any other result than that. this is the view many people have of meme coins. don't look at meme coins as something serious that they hope will exist in a few years, that's not something that matters to people, at least that's what I could see

well, that's a good suggestion, and I think most people already understand this. however, due to the high hype and fluctuation, as well as the low price, people take advantage of the short of meme coins, and try to take profits there. It has a high risk with a fairly high return. however, the high risk of meme coins is a really high risk. we don't know when the coin will become completely worthless, because it is not recommended to hold it in the long term, especially for new meme coins.

investing in memecoin is a very bad thought considering memecoin is not a good thing to invest in,
there is no technology, no product, and there is no great demand in the future,
so you will be in vain if you think about entering memecoin just following Fomo from people who want to profit themselves.

Meme coins, often driven by hype and social media trends, can experience extreme volatility and are susceptible to pump-and-dump schemes. These schemes involve artificially inflating the price of a coin through coordinated efforts, only to sell off quickly and leave other investors with significant losses. Many investors have indeed experienced substantial financial losses due to investing in such coins.

its good for speculation but even then there are full of manipulations going around these meme coin in general.
I think the only good quality meme coin are those supported by famous figure like elon basically dogecoin and shib in which have already attained some massive market capitalisation in which
I doubt the capitalisation will be gone anytime soon.
if anyone out there thinking of investing in these meme coin they should consider their money lost, after all the speculation with meme coin have really small odd of you winning usually.

fair point i think only invest in meme coin when we can be sure we are among the earliest, moreover we also need to make some
observation and analysation in regard of the meme coin we gonna invested in, after all only very few meme coin gonna succeed.

more precisely meme coin is more suitable for short term investment and less suitable for long term investment as it has no utility.
but I think it's ok to invest $1 in a certain meme coin hoping in the future it will become like shiba or doge, and the previous $1 investment turns into $10K  ::)

Some investors prefer to take risk investing on meme coins rather than the established one because of big profit in a short period if you're one of the early investors before the price increase. However, since many meme coins are existing it's also hard to spot the one that has potential to skyrocket. That's why investing in meme coins are not always profitable and more risky, you can earn huge but you can lose your money as well.

Thus, choose the project with real use case rather than a coins without utility. Do an extensive research and don't rely with suggestions because some of them are just shilling a coin since they invested on it and just want to hype for their own benefit.

Nothing wrong with throwing a couple of dollars into something like that, indeed. You just have to be prepared for the outcome, you may not get anything at all and even lose what you invested. That's why I don't understand how can people invest hundreds and thousands of dollars in something like that.

There are different criteria for evaluating a low quality project (shitcoin, memecoin, ..) in the crypto space. But the problem like following the trend, anonymous dev, low mc, hype with anything possible to get people's attention. However, if you don't come into contact and experience this, to look back on everything, it will be difficult to understand the problem that is happening, when participating in investment, people place great emphasis on high profits, so they will do it themselves overshadows the criteria for evaluation, and only failures will help them see the mistakes made. It's good that we always see people warning people, but as I said earlier experience helps us grow in this space.

A couple of dollars and what? like 6x times, make it twelve dollars. You would be happy with that? Truly not, you would be looking to turn 1000$ to 6000$ and thus you should not raise the topic of a "couple" of dollars more like a couple of grands. ::)

This ends up being a gamble if you weigh in the risks of altcoin trading and their past behavior in the market not being up to the mark or showing severe volatility. The bitcoin bet is a safer one but I guess the nature of traders is to take risks and they therefore do not go with the long term safer asset.

You could go around throwing a few dollars at every coin out there, but the net result will be that the exchange fees will eat up your profits. :P

I would better advise not to invest in these types of coins, as these type of coins have a higher risk of getting losses. Yes its good when some big personalities or whales back them up, but never buy them from your own side. Moreover, these whales do the promotion only to gain profit for themselves. So yes I would completely advise you to not invest in these types of coins. They can make you rich overnight or just can make you bankrup in fraction of seconds. So invest wisely.

Can't really blame them because I know a lot of people who have been in the market for long now that still enjoys risking some of their funds by investing towards these meme coins especially that specific coin that has been gaining a lot of attention because of Elon Musk, you know what it is. Trust me, I tried to warn them and said some words that could discourage them but even that were wasted because they already knew their chances and risks, still, they are waiting for that hype train to arrive even if it will cost them money.

Indeed right? Instead of having those things, why we should not choose potential coins with less risk and profitability? And we never waste our time searching what projects are legit or not. 

---

Yes, OP developers will certainly promise good things, high rewards, etc to the investors in order to gain attraction and courage but after all, they'll make you suffer in the end. Many people enjoyed with hype, they make money actually but those who have entered during its peak had terribly lost their money.

That is because these hypes work on the same concept of ponzi and hyip schemes, where early investors are benefited and use their personal success to lure new investors into the investment. However, the ones who enter on its peak, who we can name late investors don't make any profit, because they are scammed by the platforms, which disappear like dust in the wind.

The difference between traditional ponzi plus hyips to shitcoins is that the final coup launched by devs is different. With shitcoins, they just drop large sums of tokens for sale on the market, making fast profit through the conversion their useless tokens to BTC or stablecoins, while investors remain with the tokens on their wallets, although they are priceless after all. On this aspect it's a smarter scam scheme compared to its outdated pairs.

Why even discuss? Amazon made their AMZ token that's better than any meme and 99% of the rest.

Read:
https://cointelegraphfeed.com/?06-19-amazon-creating-token-june-23

Seriously, things like this don't happen so often

it's all just speculation in the perspective of many shitcoin investors out there, but i think if they knew the risk beforehand of losing their money
and they still goes on then i guess it's fair enough for them, after all some people just so eager in getting rich overnight.
sounds like a scam, cointelegraphfeed, what even is that? i think the site you shown trying to imitate cointelegraph, and i'm sure the coin you mentioned is worse than shitcoin since
it's basically scam coin, amazon will never release their token much more having it published in some unknown media like that.

investing in meme coin and shitcoin in general is like gambling and investing too much in it will spell destruction.
it's easy to figure out that these are just games and those investors aren't really investing honestly.

Well, you are probably right that it is completely useless to invest in a meme coin if you have already missed the train and the market is in FOMO mode already where most investors will only waste their money because the token will most likely plunge after that point, and when you invest in a meme coin, there are very slight chances for it to gain significant growth again in the future because the hype gets over and it is difficult for meme coins to gain hype again unless they are hyped by celebrities or famous people.

So it is better if someone simply invests the money in a project that has some potential for growth at the time of investment so that the money spent isn't wasted and the tokens aren't kept in the wallet for months without gaining any value at all.

On a normal ground, if you think you're not able to go for taking a risk in your investment on altcoins then it's more better and safer to stay and stick to bitcoin alone, you cannot afford to make an investment in which the risk involved is much higher than the potentials of making profits in it, some will end up loosing more money than making profits when they make a wrong choice of shitcoins investment without knowing.

It is not easy to trap smart investors, whereas it is easy to trap newbies with fake promises. Meme coins and shit coins excel in marketing their projects and creating hype, which entices some investors to seek quick profits. However, the reality often turns out to be the opposite for most investors. I would emphasize the importance of trading with controlled greed and placing trust in reputable projects instead of meme coins projects, as excessive greed always leads to losses.

This is all good advise but 99% of the people who buy these coins will ever listen to rational thought.  Greed fuels the meme market.  There is literally zero purpose to buy these coins except in the hopes someone or some group will pump it so you can dump it, greed.  It's unfortunate that crypto got infected with these things but here we are. 

This is true especially on meme coins because most of the time people will join really late because many people already have gotten something from those meme coins, that just makes you losing more money because if you invest late to meme coins then the chance of you getting profit is really low or even zero because the price would be just stabilize and stagnant for a long time.

There are lot of threads on this forum regarding that topic especially the topics around meme coins, might be better to just avoid that.

The people spend huge time to earn 100 dollars,but they not ready to spend time to calculate before spending it.When you get 100 dollars from your salary and plan to increase the savings by investing in crypto currency.You need to do background verification of the project which you are going to inverse your money.Meme coin can be used to get short term profit and not fit for long term profit.

Maybe in most people there are people who are really stubborn, because they will buy and keep buying for sure. Because there are and still are meme coins that can make anyone who trusts rich. Just like those who believed in Pepe coin.

Do you think if other pepe coin investors followed what others are saying here that it's just shitcoins they would be enjoying the money they made from pepe coins today? It means maybe as long as you know how to look for potential meme coins as long as you are sure of what you are choosing there is nothing wrong with that and do it. The bad thing is that you know it has potential but you still haven't bought it. If the market is unpredictable, it's the same with the selection of meme coins that we think are useless but in the end they are.

Memes are high-stake casinos more hotter than Vegas so I think the whole las-vegas situation will likely continue as far as crypto continue although it might be restricted I think people will keep creating them adding liquidity and pumping them I think is just like a joke coin people pick and then when their jokes are over the dump them Still some good memes still exist Doge and Shib and now Pepe

Some meme coins could probably be profitable during its hype but that couldn't change the fact that they are still meme coins. We can make profit from it if we know how to take advantage of the hype. If ever we gain profit due to their popularity, that doesn't mean that they already have a huge potential because we could only see the real potential of a coin on how it will survive in the long run. Most investors who make a profit from meme coins are early investors. Those who invested after the hype usually end up losing just like other meme coins that turned into rugs last year. Meme coins are for risk-takers but we shouldn't expect too much from them. If you want assurance, better invest with high-potential coins especially those that have proven a lot already

if someone wanna invests in meme coin they could just find some meme coins at early stage and settle with them, since being early bird will increase the chance of scoring some profits.
but if they don't find any, they could simply refrain their decision I think, it's as simple as that to be relatively on the winning side when it comes to meme coin investing.

in short these coins are just pure speculation tool created for fun and also for the purpose of making instant profits.
there's nothing more to it than that and considering the general masses attraction towards get rich quick scheme it will persists for maybe eternity.

You've made your stance clear on meme coins: risky, whimsical, and basically a roll of the dice. True, they might bring profit to the surfers of the hype wave, but its a tightrope walk. Yet, isnt investing always a gamble? Be it stocks, bonds, even gold, they all carry inherent risks. Granted, their swings aren't as fierce as meme coins, but the mantra is identical: buy at the dip, sell at the peak.

You advocate for safer, high-yield coins with credible histories. But, isnt the reward typically proportional to risk? While I'm not championing meme coins, outright dismissal isnt justified. They've minted fortunes. Maybe, rather than shunning them, mastering their rules of the game could be a wiser move.

Meme coins are really just a form of gambling. They have little to no utility, but people pile in hoping to profit and pass the bags to someone else and we can't do anything about it, we shouldn't care, let people spend their money on what they want.

So you're seriously trying to compare conservative investing to gambling? That's wrong and not serious. Conservative investing contains minimal risks and no serious capital would increase its risks by stuffing its portfolio with coins like memcoins, NFT, Game-Fi, etc. It's the same situation in stocks. A portfolio consisting of blue chips and a portfolio consisting of cheap stocks cannot be called identical portfolios which involve risks. There are risks everywhere, even in the safest investments, but the degree of this risk varies greatly. The lower the risk, the more professional your portfolio is.

It's not only meme but all of things. I meant NFT was also pretty much the same like meme token. Anyone in crypto wanna try to make easy money in a short time and meme token has become the main pick to doubled their money.

There will always be winners and losers. Investing in meme token is only a way to lose your money if you buy at peak price.

Disappointed more time when i see a meme coin because really high risk for invest. Lot of biggest investors now avoid meme coin so there are no chance for hype tracker. First time a meme coin giving overprice but after that down start continue. So you should make smart investors mind then you can get successful investing profits. Otherwise you should invest real top currency which is low risk and some happy profits.

It was their thinking that investing in hyped projects can make them rich because of price surges that had never been seen normally in other projects, even for Bitcoin. Unfortunately, they never think about the consequences of putting their money into this because what is in their mind is to earn big as promised by these developers. It is quite how disappointing but can't stop people from believing it especially if they also have some experience in the past about meme coins ( particularly for Doge hyped). They will buy as they are certain that it works the same.

How can you be sure that a lot of the biggest investors now avoid meme coins when people like Justin Sun make a public announcement some weeks ago about his plan to join the meme coin trading scheme?
You may not know that meme coin is one of the biggest cryptocurrency investor's weapons for making quick profits from naive cryptocurrency investors.
Don't get me wrong. I am never a meme coin investor and never old one before.

big investors that have good reasoning behind every of their move will definitely never invests in shit coin or some meme coin but honestly there are some of the bigger meme coin investors out there coming from large investing company, just look at milady, there were rumoured to be having some big investors bagging the coin at early stage before even elon shilling for it, there most certainly has been many large investors that have invested in meme coin.

I agree with you. When considering investing in meme coins or shitcoins we have to keep in mind that it's important to understand the underlying technology and purpose of the coin. Many of these coins are created as a joke or as a way to capitalize on current trends, which can make them highly volatile and risky investment. Consider the community behind the coin. Is there a strong and active community that supports the coin? Are there developers actively working on improving the technology? A strong community can help give a coin staying power and increase its value overtime. Be aware of the potential for scams and rug pulls. Many meme coins are created with the intention of quickly making money and then disappearing, leaving investors with worthless coins. It's important to remember that investing in any crypto currency comes with risk. It's important to do your own research and only invest what you can afford to lose.

Indeed this thread is in the right educating direction, I could remember as a  newbie into the crypto community a friend of mine introduced me to some of these shitcoins without being properly educated I invested on a few of them with the intention of making more investment with the profit acquired from my first investment but to my greatest surprise all of that went down the drain like what I would rather call "abandoned project ", the shitcoins were so dormant and static instead of appreciating in value it was depreciating until it went down to zero value and that was how I lost out on that very investment.

So I'll conclude that the above thread is indeed an educating piece which will guild all beginners and miners in the crypto community.

Surely investors are not without reason to avoid meme coins besides that I don't think they want to waste their time either,
invest in top coins or potential coins it is much more profitable,
besides being safer the risk is also not as big as meme coins.

As soon as this little bullish wave washes over there’s gonna be a lot of people holding shitcoin bags that’ll never pump again. People should get out with a profit if and when they can. Shitcoins is like going to the casino. You might win a little but in the end you lose everything.

We are actually the ones who let these stuff infect the cryptocurrency market by fueling them with our investments only because, as you said, we are greedy and we are always looking for opportunities to earn a lot of money in a very short period of time so that we can have better lives and get rid of all the issues and problems that we have in our lives but we forget that it is not that easy and achievable.

Most people follow other people when they are investing in such tokens because they think that if someone got success with such as investment, they might do as well but they ignore the fact that thousands of people invest in them and only a few get any profits out of these investments.

Yes this happens to me quite often. Not much interested in shitcoins. Earlier I faced huge losses holding shitcoins. So now I try to stay away from them. They give me small profit most of the time there is a possibility of losing money.  That's why I value altcoins more. I know investing in altcoins has a chance of getting good things in the future. For that we need to choose the right coin and wait for the right time to invest.

What you decide maybe it is the right decision because it will only be a waste of time to invest in shitcoin,
better use that precious time to research coins that have potential and it will be more useful,
learning from that experience will make us better.

I agree with this point that be a smart investor, appreciate every advantage, and always be grateful. Thus, we can protect our investment and avoid unnecessary losses.

Actually investing in meme coins or shit coins doesn't take long and you don't need to do complicated research because even most of them don't have a road map and no information about the team behind the project. my advice if you want to invest in meme coins invest $ 1 and forget about it, hope that in the future the meme coins you invest will be like shiba  ;D

It makes a lot of sense, and I want to add this, a smart investor in my view is one who is able to maintain his health and balance between work and is able to share and make time for his family and not just money in his head even though it is one of the real supporting tools in a family's life .

Usually Shitcoin relies on hype to develop, like during the meme of dog coins, many people make the same project clone and use the community that is passionate and does not want to miss like Shiba and Doge,
So indeed this in practice is depending on the luck of the meme coins they make, if they attract their attention will get the market, and there is no definite roadmap, like Shiba even though their development has a schedule but what I notice is always not according to time which they had set before.

Mostly meme coins are used not only for invsesting but for speculations. Memes comes only for few days and than people forget about them. The same situation is with meme coins. Thay just comes that some people will be able to earn money on them and then people forget about them and they die and many  people lose money on them.

It is true that many meme coins or shitcoins are created for the short term and may not serve a long term purpose. Many developers involved in such projects may intend to make a quick profit and leave the project. Therefore, it is important that we do careful research on the project before investing, and understand the long term goals of the coin.

People only speculate about them when they are about to launch since many want to buy it at early stage and also sell all they have once it been listed on exchange together with it gain huge hype from many people. But once after it done reaching the peak expect that many will exit on this together with the devs since they might create another project and for investor they find another alternative new one to continue their newly launch hunting schemes.

Meme coin was originally created for fun but nowadays when a world's top rich man like Elon Musk talks about meme coin it creates a lot of hype in the crypto market.  And Hughes investors jump on meme coin and the price of meme coin fluctuates in such a way that it behaves like a gamble.  So we should be careful of them.  If we are not careful about these and panic investing here with the intention of getting rich in a short period of time, it will surely put us in danger.  So of course we should analyze well with our own knowledge and invest somewhere

I agree with you. And my advice is never to be greedy to pursue wealth and glory. Greed is something that becomes the beginning of one's downfall. Scammers take advantage of someone's desire to get rich instantly by promising multiple profits with minimal effort, namely joining their project. Many meme coin developers are like this. Capitalize on the hype and price then dump all their tokens and they are gone.

For the record, these developers will usually reappear in other meme coin projects....

I think everyone knowing the meme coin not for long time investment even it can should make profits or loss in shorts time. Some of people holding meme coin but there more experts about it because they know when need to sales shitcoin. But if want long time hold then i hope you will loss your assets surely.

How about 6 points?

6. Never invest in meme coins or shitcoins, so as not to put your personal money at unreasonable risk.

The pursuit of easy money most often turns out to be a loss-making investment. There are proven, reliable and stable ways to invest in the crypto industry. Bitcoin or top altcoins as a last resort.

Buying shitcoins not only allows various scammers to get rich unreasonably, but also encourages this industry to create, promote and sell shitcoins. The more you buy, the more new shitcoins will appear. It's time to stop this by voting with your wallet, stopping encouraging and promoting distribution through stimulation with purchases. Avoid and don't buy shitcoins. For the sake of cleansing and healing the cryptoindustry. Against the backdrop of such projects, really worthwhile and useful projects are lost, which, due to shitcoins and memecoins, can't receive sufficient funding for development.

Points you have explained, are really appreciable. Investing in meme coin or shitcoin will make people disappointed most of the time. When hype spread everywhere, then coin already get overprice. So buying that coin with such price will be Dangerous and so most of the time people lost their money. But not all altcoins are shitcoins. The points you have mentioned, eligible for all altcoins! Like new potential coins also promise development, listing, partnership and better future. If you don't believe anyone, you’ll miss to buy those potential coin with presale price but i suggest, its better to investment only top potential coins rather then memes or so called shitcoins

Memecoins are memecoins
-They dont have actual utility
-Unknown devs
-Shady contracts
-Everything is made up by hype and false promises
-Going with the trend

When it comes to holding then it isnt really that ideal, you should really know on when to hit and run and make money out of this. Dont go for long term because usually these projects
do only last up as early as 1 day or few hours. There some initial pump and hype and then eventually die after. If you are aiming on entering as early as possible then you can
but of course there's no assurance that you wouldn't really be making yourself get caught on the peak.

then I think its pointless having research towards these meme coin in general since they are short lived, most likely abandoned within few months.
its just means that they are really bad investment, and thats unfortunately is the fact that most of meme coin getting abandoned after sometime.

When you know when is the right time to enter and when is the right time to exit, then do it. Because it could be that you can really get quite a lot of money from the hype project. But if you are still guessing, still not ready for a number of things, stay away from investing in meme coins, because this will only make you lose big later. Investing in meme coins is very risky, how far can you control this risk? That's why understand our own abilities before investing in coins like this, otherwise we will regret it. Because our profits don't only come from luck, but from our ability. Actually.

if only determining such thing was that easy, most of meme coin outright shows some manipulation in which gonna heavily stray from the usual routines.
I don't think determining when to sell and when to accumulate or buy is gonna be that easy honestly.

thats true too much problems around investing in meme coin that sometimes I don't think its even worth it, heck even investing in most highest market capital meme coin are still giving some sense of
uneasiness due to the fact that these meme coin could lost their value within just a blink of an eye.
therefore investing in them would likely instead results in value, for some people that might be worth it considering the profit may outweigh the risk but then again that is only gonna happened in best scenario.
there's always chance that things might go wrong and instead the value plummeted so hard and cause massive loss.

Meme coin investing is risky but rewarding. Its like betting on a wild horse race without knowing the horses' records. Since such decisions include losing everything or generating a fortune, ambivalence generally surrounds them. Some coins climb meteorically, making you wish you were on that rocket.

Real investment relies on fundamentals, while speculation relies on price appreciation without respect to value. The latter includes meme coins. They lack institutional backing and real-world applications like Bitcoin and Ethereum. A market shock could devalue them.

Meme coins bring market unpredictability, making them entertaining. This shouldnt cloud the cautious investor's view. Investing wisely requires a well-balanced portfolio diversified across asset classes and risk levels.

SHIBA have been proven to survive for a bit long time even though it's called memecoin. There will be one or two of them that has this behavior, it doesn't matter anyway because it's still called memecoin and the only thing that they get recognized is through hype and engagement from the influencers, some of the memecoins survive because of the community.

The only thing that matters because they live up with the meme they are chasing for, for easy hype stuff. I don't really believe they would apply it in real world because of the behavior of this type of asset.

It's not limited to memecoins only but any altcoins you can find out there. Be careful with every suggestions you get in the internet.

Memecoins may offer the possibility of high returns, but they also come with high risks. Practice due diligence, do research, only invest expendable funds, and have a long-term investment horizon if pursuing memecoins. The potential for loss of entire investment is very high.

Just be sure to do your due diligence, you may consider some memecoins that now link to NFT and other utilities in a bid to raise sustenance. $L for example will be the first twitter  airdrop token, so it could enjoy sustenance from the platform.  It will also be enjoying exposure from exchanges like Mexc and Bitget,

long term investment should be out of the question honestly with these meme coin, we all know that even those that invests are basically just got swallowed by greed and get rich quick scheme.
you could always know that when people are investing out of the fact that they wanna get rich quick, it'd be massive disaster in the long term.
only if you could at least become among the early birds then it's worth it to invest otherwise it's not gonna give that much returns to you.
alas so many don't understand this and the victims of these meme coins in general always increase.

There are only two or three memecoins, which are established well and going on as trustworthy altcoins. And rest of memecoins are shitcoin and thats known to everyone. But high expectations makes people blind and they invest with memecoin as well as shitcoins without think of the consequence. And many have been go below with their Capital, for this reason. But i dont agree with all of your points. Point 2, Every project make promises, so based on promise you can't find out the shitcoin. Point 4 is fair but in this forum most of people are helpful and they suggest only top potential coins.

You have made a lot of sense in all you have written but this three points are where I want to contribute to, shit coin are increasing because scammers know investors are looking for quick ways to make profits and they won't be patience to wait on legit project to grow and give them profits that's why investors are looking for the quickest way to make profits through shitcoin.
Memecoins shoudn't be invested in for long term because they get pumped and dumped therefore after a pump in any meme coin that you have invested in, you should sell your coins and wait for the market to dump before you buy them again or move on from the investment as there's no certainty that the tokens will give you more profit because they can dump and not pump again.
It's okay to be optimistic about your investment but don't think that because people are saying a project is going to do well that It'll do just that, nobody knows which coin will do very well in the bull market. They're only guessing and their guess is just as good as yours. Investing in memecoin and getting profit is just luck, also secured your profits and wait for the market to correct.

Not a single memecoin is trustworthy, because these are useless altcoins from which there is no practical use, and the cost of these coins is extremely inflated due to hype, news and rumors. The fact is that faith in these memecoins is based only on the basis of price speculation: they want to buy cheaper in order to sell more expensive as soon as the fools start buying it en masse. These are the consequences that people blinded by greed think about. Of course, there is not enough money for everyone, and therefore, whoever enters the game later gets a loss. Memecoins are more like pyramids in nature.

About points.
4. People are ready to help with advice, but the nuance is that there are many different points of view and try to understand which of the tips will turn out to be true. In general, people can be trivially wrong at times, therefore, relying 100% on the voiced promising coins is not at all an option.

People has craze about.memecoin. after seeing sudden pump, people thought it will pump more and thats why they invest temporary. Some can sell with low profit and some People stuck with that when memecoin stop pumping after they bought. But i think, nobody want to invest with shitcoin! I mean if you know a altcoin will be shitcoin and that Won't be profitable then why you investment? But some Crazy people invest and waiting for bull run and expecting heavy return. That madness. Thats why i always recommed to go with valuable coins