Bitcoin Forum

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

First this topic belong to altcoin board.
Second, before buying any coin, you must do your due diligence and take decision.
Third, your target will determine if you will hold or take profits.
No one is expected to give you financial advice here as the decision shoulf be based on your independent research, the consequences too should be yours to bear.

Op, I think this is not the right place to talk about this because you won't get the kind of response you would want to hear, I think you should do just as @odohu already told you.
However, j don't give a fuck to outcoins or shitcoins because most of them are not to be trusted, although there are some that are real legit but the ones that are not legit has spoiled the reputation of the legit ones.
I don't think it is will be a wise idea if an outcoins investor hold any of the outcoins for a long term because as day pass by the value is dropping, so if you are looking for were to put your money for a long term, then you should try to consider investing in Bitcoin. Bitcoin is ested and also trusted for a long term holding.

A simple logic on investment.

If you don't know the reason why you needed to buy the asset, that's mean you don't have a ability to being investor. At least you know the basic information abou the project and is good or not by holding the token/coin.

If you ask other people, you will get various response.

the sole reason is the opportunity to bring profit,

But actually profits from participating in memecoin do not happen often with the crowd. Many people indulge in the illusion of luck to write off nonsense as technology investments.

Perhaps with memecoin, there are not too many special things besides things to note such as limiting contact, avoiding fomo, sh*tcoin, rugbull,... many serious problems associated with memecoin. But people still look for it because of the low affordability and the opportunity to bring big profits (not happening).

Evidently, everyone knows that memes Coin didn't have any concept or any use case because their base is made up of memes, jokes, laughs, or blah blah. This cryptocurrency is also called a coin, but its basis is not organized by anything; it's only for the purpose of jokes or fun. It does not have a proper use case like other coins.

No, meme coins didn't have long-term worth because, firstly, people didn't like to invest in them, and secondly, they didn't have any purpose as to how they could be used in the long term. It is made up just for fun and entertainment. Besides that, meme coins have a high risk of investment, so anytime they can give you a loss,

The only reason for buying is the cheap price or something that gives you an unimaginable profit.

Personal: I also used to invest in memes Coin when I seemed to be in profit mode.  But anyway,  it also gives you profit as well as loss. DYOR because I am not a financial adviser.

People are investing in it because they believe that it will give them huge returns. TBH, I've seen many investors who are risking their money, they invest in these stupid meme coins only to lose money in the end.

Investing into meme coins (or where I considered them as sh*tcoins) is like placing your bet on the team that is obviously losing against their opposing team. Yes, there's a chance still to win, but what are the chances? Same with investing in meme coins. Yes, you can gain profit, but what are the chances of you gaining profit? It's pretty obvious that most of these meme coins have no use case at all. It's already good that DOGE is being used for some reasons. Most of the meme coins for me are useless, and they aren't worth holding for the long term.

Reason for me to buy meme coins? I have no reason to buy them because I believe that they aren't a good coin to hold mid to long term. The risk of investing in these type of coins are very high at least for me. The reward is high yes, but I can't risk money investing into something that I believe will give me headaches in the end.

I think meme coins are not worth buying for the long term. We have to know the right timing to buy Memecoins so that we can profit thousands of percent from these coins. If we buy late or buy when the price is too high, we will only suffer losses. Remember, don't be fomo about meme news. Still do your own research
buy meme coins to build our wealth not to maintain our wealth I think that's true
This is not an advertising financial

It seems clear to me you know very well that there is nothing behind meme coins, and when a project does not really have any reason to exist then it should be obvious that it does not have good long term prospects either, then it is very easy to conclude that meme coins are not worth buying for the long term, now it could be said that they are not worth to be bought for the short term either, but since you could get lucky and get a lot of money if you bought the right meme coin, there are many people willing to take the risk and see if they can become rich this way.

all memecoins came from memes

memes are often driven by its community that’s why usually on its first launch, the hype is up
memes are created in social media and if you don’t know the recent meme on the internet you might be called a boomer now imagine if you catered a coin to one specific meme where it is used by multiple people on the internet

that’s basically free promo

now I wouldn’t recommend all memecoins to be invested in for the long-term it’s okay to invest in memecoins but you have to monitor it closely because a lot of those will pump and dump really fast and you need to exit the market as quick as you can or maybe even quicker than when you first entered

if its the long established meme coin like doge then you would have no problem investing in it. but the other? not so much. even more so with the latest emerging meme coin.
they are all just shit coin, not even elon willing to shill for them, their current capital can't hold for long, they'd eventually lose value.

Most of the so called utility coins also fail to be utilized by the general public. And most of trading are speculative and analytical than as an investment on a good future.
Though meme coins are not serious about selling their roadmaps, they are one of the sought after coins for trading.
I personally made a good profit from pepe last month as I bought it around ~7 when it was on the dip and sold over ~10 and now it's ranging around ~11.
So, it would be a good idea to buy popular meme coins when they in dip as many people would have a higher buying price and the one's holding would keep holding for profit.

If you can get in & get out during a big pump then great for you. They have no future though, no real world use case so long term investment probably isn’t a great idea. I don’t recommend allocating too much into meme coins but if you can make good profit then go for it.

Those people who buy meme coins are those people who are party joiners. Yeah, I'd say this because during the hype of meme coins like Pepe, a lot of investors got the desire to invest but look, they're going after the pump and selling them. It is not worth buying but people have taken advantage of the situation. Perhaps, not a wrong move but if we used to buy them and hold ---that was a big mistake. These no-use case projects like meme coins are not able to survive nor it stay long, they will go slowly as nobody cares about them.

The main reason where people are interested in meme coins is the amount of profits one can easily make from them .Not because there have any good concept or long term plans. Buying them is simply based on the gains also most meme coins are not good for long term holding at all unless we are in a bull market ,For market situation like these it will be better to take some profits and sell it early to avoid looses.

At CMC there are quite a lot of choices for meme coins and there are more potential of course, but it's also good for updates, especially for meme coin lovers. The one with the most potential now if you look at the 4 options above is Shiba and it has good potential. So if we want to hold on for the long term, as much as possible, buy now, don't wait any longer.

The trouble is that there are some situations we should be careful about it because it should be something that needs to be a careful thing. I believe that we are not going to end up with something that has to be careful in the end. We need to be careful about it, that has to be something that we need to take care of and if people keep on investing into stuff where they will just lose their money to the creators and devs, then that's not going to benefit crypto world.

I mean what happens is that people create some fake meme stuff on launchpads and investors put up millions, and devs just steal those millions and leave, individually that's bad, but at the same time we are talking about something that doesn't really just hurt them, it hurts us too.

You mean they don't have utility? Every meme or none meme is a project but may not have utility or a use case that can be a reason to attract users to the project.

Well since am not a meme investors, I can't really say the utility of the meme project you mentioned here. The initial nature of most meme projects are just for fun purposes but it seems since the dogecoin hype investors have picked interest in trading meme coins and making them seems like a worthy investment which they aren't, especially when you consider long-term.

Big no to meme coin as there is no valid reason to invest into it and there was a time when market was obsessed with meme coins and NFTs but now that's not the case, meme coins can be used as a P2P transfer method only if it's available in major exchanges, coi  like doge. But we need to consider bigger picture wherein doge, pepe has pumped there are hundreds of meme coin project which fails and one few gets the limelight. It would be better to invest into some coins which has great potential instead of meme coin.

If you are a short term or day trader then you can try your luck on meme related new projects as first few days there are usually lot of fluctuations, but on a long term it's dead shit coin.

All who buy meme coins have their respective reasons, some of them are as in the fundamental coins, namely to have fun and tools to joke at the Crypto market.
But maybe among the others also when buying a meme coin there is another reason, namely looking for a profit from the hype scheme at Bullrun as before, and I think for personal decisions it does not become a problem as long as you realize what you are doing, for sure some people have reminded that buying Meme coins are mistakes and have the potential to have great losses in your portfolio, so if you want it to use money that you have felt very bodo to lose the money.

And the last rule when buying meme coin don't expect more to get a big profit from the meme coin because it will torture yourself. Wisely in investing if you want to get a profit that can be categorized as looking for a safe way in the cryptocurrency market.

Definitely not. Meme coins would probably be good for a short while, especially on release since a few days after that it usually pumps up due to "unnatural" reasons, but other than those times, due diligence would be required. They mostly crash down after that initial pump though tbf so not for the long term. Past that, it usually just moves if some whale decides to buy a whole bunch. As you said, meme coins don't have a use case, a roadmap, or anything similar to what big projects have. It's called a "meme" for a reason.

Never really tried buying one. I might if someone tipped me some group was trying to inflate it, free money. Past that, I don't think so. Never really been a fan of the meme designs we have as well anyway.

You mean the meme project doesn't have any use cases, and that is true. These projects are speculative assets, and it is most likely a gamble to invest in them because you just need to pray that any whale won't dump on your money. If a meme project has any events or significant news coming, then you can invest in them but that is only for the short term. These projects don't have any usecase so their demands only come from the retail investors who buy those coins and keep them in custody. 

Meme coins are completely unsuitable for the long term, I am sometimes confused as to why many people buy meme coins for the long term even though it is clear that these are just coins for entertainment, the fundamentals of which are not very clear. They have to be smart again to make decisions about investing in meme coins.

Because it's true, as you said, this meme coin is only clever when we take the moment, if we are a little late we will experience losses and vice versa, if we enter at the right time we will make a profit, and usually meme coins won't last long. So far, only Dogecoin has survived for a long time, because the community is strong and supported by Elon Musk, so it is not surprising that Dogecoin has survived so far. I think the last sentence is very suitable as a reminder for us, buying meme coins at the right time will build our wealth but not maintain our wealth.

they will find out soon that most of these meme tokens will have short lifespan or better yet, their growth is stagnant. if there is no reason why they continue to exist, the team behind it will just run the pump and dump scheme up until they already got their pockets full and finally abandon it without a warning. as we have seen, most meme projects are just for short-term, you can get involve but better get out fast while you are still in profit. don't get too attached because you will rekkt without a fight.

On the surface, I get the appeal - who wouldnt want their $20 "MemeCoin" investment to suddenly be worth millions? But when you peel back the shiny hype and hopium, most of these things have all the staying power of a snow cone in July. 

Look, Im not saying theres zero chance of striking gold with some ridiculous meme coin.  But putting any serious money into most of them is less investing and more flushing money down the slots and praying.  If you have some cash burning a hole in your pocket and dont mind rolling the dice, fine.  Just dont mortgage the house betting on PooPooPeePeeCoin making you a millionaire.  Odds are you will end up nothing to show but a vacant expression and a lot less money in your bank account.

Most probably, the reason why people buy meme coins is to make a significant profit. However, I think this may not be suitable for the long term, especially for newly launched meme coins. If you invest in a new meme coin, it's probably better to exit as quickly as possible to avoid getting caught in a price dump. Investing in meme coins is highly risky, so it's crucial to invest only what you can afford to lose. It's also advisable to have knowledge in trading so that you know when to enter and exit.

Elon Musk didn't support the use of Dogecoin. He just put it into hype because it is obvious that he has bags of it. And by the time that he was able to successfully shilled and hype it, that is when he has took profits from it.
People think that he does it for fun while it is true but, he wont just do it for fun alone but he has also done that for making quick money out of the market and that is why he loves doing it and likely to do it again this coming bull run.

I see no reason to hold meme coins other than the greed of investors and irrational traders and the dream of quick wealth that makes them risk their significant funds in these shitcoins. When these coins were launched in their early days and during the hype made through extensive marketing by influencers, holders and those fortunate enough made substantial fortunes through them. However, did everyone who invested in these meme coins over the long term seize these rare opportunities? Many believe that by investing in meme coins, they can achieve returns ranging from 100x to 1000x. They anticipate and hope for positive outcomes without considering that their prices can be manipulated by whales and market makers, leading to significant losses for investors in less than an hour. Also, new meme coin projects that have not gained considerable attention are considered more risky, as they may be prone to Rug pull scams. As for me, I prefer altcoins built on solid projects rather than engaging in meme coins based on frivolous matters.

Most of the prominent meme coins thrive or survive based on community support. Among the coins you mentioned, there are still a few with real-world applications. For instance, Dogecoin (the pioneer of meme coins) has been widely used as a payment method on gambling and betting platforms for quite some time. As for Floki, it has introduced products like FlokiPlace, Floki Inuversity, FlokiFi Locker, and Valhalla (NFT Gaming Metaverse).

I find meme coins quite interesting as they contribute to attracting new participants to the market. However, for long-term sustainability, any coin should establish a certain use case, something meaningful for its users.

Yes, someone's interest in investment is very different. Some people think that meme coin is a good coin to hold in the long term for the reason that it could follow in the footsteps of doge coin, especially for the popular meme coin. However, some people think that meme coins are not an ideal investment for the long term because of the huge risks, and I am on this side. If you want to invest in meme coins, don't do it for the long term.

It is tempting you know but if we are very keen on their current performance, you will somehow then think that it was not worth for long-term investment. They are good during hype but they eventually dump after and we can never expect them to recover as nobody will be taking them back high again as their investors are selling their coins already during the surge.

Investing in them is suicide because at the moment you miss the chance to sell them earlier while the project is hot, no way you earn a profit after but just losses.

Although Bitcoin investment is risky, Altcoin investment is more risky. But as the saying goes, where the risk is high, the gain is high. People have made huge profits investing in meme coins that have never seen the face of so much profit. Like Shibainu, Pepe, Dogecoin etc people have not got the amount of profit till now. This is why people are more interested in investing in meme coins.  Meme coins can be purchased and held long term. Shibainu, Pepe, Dogecoin is expected to create a very nice market in 2025  If all these coins are bought by a small investor with 10-20 dollars for long term investment I always appreciate that investment. I thought to myself that I would buy some meme coins for $10 or $20 and hold them as a long-term investment if the market somehow pumped up, then I would make a huge profit out of it.

The only thing that pushes you to buy these coins is the banal desire to try your luck and hit the jackpot. Mem coins mean nothing and should not be taken seriously. It is an exciting sight to see such tokens begin to rapidly increase in value.

Meme coins are the name of fun and do not have a clear purpose or use. Dogecoin became popular in 2021 because Elon Musk supported it but meme coins mostly succeed because people get excited about them. And mostly I think the whales manipulate them.

But thing is that buying meme coins is very risky because they can pump and dump quickly. Some people made a lot of money from meme coins when their value go up quickly. But the lost too if it will dump quickly.

But if you really want to invest in meme coin so you should make some research about them and on your personal decision you can make entry and can get profit or loss too. So be careful while investing in these kind of shit coins. And one more thing always invest those money which you have separated and if you lose it doesn't effect on your regular life.

The fact that they have no use case and the too unclear direction of these projects, I don't think they are worthy enough to accumulate.
Maybe some had seen it profitable due to its unbelievable price increase in its early days in the market which made many people become crazy believing that this would be their chance to become rich.

Some are investing blindly with these meme coins but soon they will realize the mistake they've been making.
If we have a reason for buying, we make sure also that we are choosing projects that carry potential, not just for fun. 

Meme coins are a risky way to get into cryptocurrency. Even though their organizations dont always have real projects, its hard to deny their appeal. In fact, this crazy interest was sparked by Elon Musk's support for Dogecoin. Are they good purchases for the long term? Their value comes mostly from the noise on social media and the enthusiasm, not from their usefulness or new technology. Why do people still buy them? Its fun and risky; they're betting on the current mood of culture rather than a big step forward in technology like Bitcoin.

Keep in mind that altcoins are very unstable; internet trends can make or break your wealth. Bitcoin, on the other hand, has a long history, innovative technology, and is becoming more and more accepted as a "digital gold." Bitcoin is the only cryptocurrency that can be used for serious investments and has long-term value. Memes? A exciting ride for people who like playing games with high risks.

MEME coins will never worth invest for the long term, it’s pumping for a certain period of time then it will go disappear. I think here all of them MEME coins you mentioned, DOGE is spacial one because first of all it’s a very old coin i mean it’s the first meme coin on the market i have seen since 2017, then it’s getting support by Elon Musk. People’s are crazy to invest in meme coins because they want to rich at overnight.

Nope! Memecoins are meant for gambling. So you can invest in a memecoin for extremely shorter term. The moment the price hits your personal target, close your trade. Memecoins are not for long term investment.

I specifically stay out of the memecoins because I don't like such coins without utility. These coins are mainly making its creators rich. It is really not targeted for you to become rich. If you can make out some money in memecoin, consider yourself lucky!

There are so many meme projects especially new ones in the market now except you have not seen them since. There will be more meme projects too available by the time the bull market commenced. We should be looking at that because the meme community is becoming bigger and bigger and we might start to be making huge profits from them. Many investors are now investing in mem projects not minding the level of risks they will have to take but when the profits comes, it is always huge for holders.

The reason for buying a meme coin is always aimed at getting a big profit in a short time. Since this coin is not intended to be held for a long time, it is necessary to sell them when a certain price level is reached, otherwise you can transform from a trader into a long-term investor in an instant.

There is no clear usefulness to why this meme coins are brought into the market, like of what usefulnessis it that should make investors to keep the buying and selling going on for a long time. Most people now buy this memecoin at the very beginning of their sale to sell at the very listing
as soon they make those profit they take it and leave the project because there is no long span purpose of which the meme coins are generated so if all investors should remove there investment from it and nobody wants to buy, only the sell options there the big dumps begin sometimes even the Devs takes part into selling and dumping the price because they know in a close period the project won't be necessary.
Knowing all this then and still wanting to hold this memes for a long term is absolute madness because it won't avail to something good and you will only come back to see it already ruged and dumped

To be honest? No. But they are a good driven for profits maybe for a short to medium timeframe. Thats why if you are putting up some fund on meme dont go over invest and only put a little as much cause if this goes to roof at least you have some tokens of it and when you profited then convert to bitcoin or any more sensible project that has actually an objective and got some presence in the crypto market.

Most of those mentioned memecoins are pump and dump coins just buy low and sell high nothing as much majority of the coins prices are stagnant they ranges for a very long time therefore the best bet is to buy hodl and accumulate because once in a while they tend to pump especially if the price of Bitcoin pumps they do gain some volatility too, some investors invest mainly on memecoins having studied their price action with some research thus capitalize on any sudden surge or pump in their prices to make quick profits and waited for another opportunity thus continue the process in a cycle.

Lately, another meme coin which is Pepe hit another unremarkable market event which continuing the history-making of meme coins this year.
We can't deny that it drives too much interest in the community because many investors multiply their money in just a short period of time making others join as well.  Many are still looking for it after the said event thinking that there is another meme coin that could make the same, so the search continues.

The question arises if this is worth investing in - and my answer is you should be cautious in investing with them as they are not good for long-term investing but just only during the hype.

Even if it is true that some people can achieve great results with those coins, it is better that people stay away from them, and this is because if you really think about it you will realize that those profits need to come from somewhere, but where? And they come from all of the people that invested late on the meme coin hoping to still obtain some profits but that basically invested at the peak of the pump, and the issue is that if the meme coin does not pump again then they will have no chance at all to ever recover their money.

Meme coin is very high risk than Altcoins and Bitcoin.
If want to buy with small amount i think Shiba Inu and Dogecoin is good because many good market list that coin.

Before yes, meme coin is supposed to be for fun, but that have changed later on. Many meme coin creators have started to take it seriously. Either they try their best to grab money from their investors, or try their best to deliver a good working project and still hope to earn a decent income with it. On to your question if meme coins are worthy to buy?

Well, it depends on what type of meme coins they are, or if what is our goal. If we are only doing it for fun, then it can be worthy to invest on the original meme coins. Maybe they can also have the potential to rise, but that was only a bonus to us. For those who are serious of earning money, they can also prioritize it.

I am done with these meme coins. I bought Shiba Inu before it rode the hype and then I sold it at x2 and thank God I did that because after that it was a declining mess. Now, I suggest to do the same if I were you. But them, sell them quickly if you see profits, and then let go.
Don't fall in love with coins that you already know with no projects behind them. You are just going to mess up your capital and maybe you will regret it someday. All I am saying is, that I don't think they are must-bought coins that are for keeping as an asset like the ones on the top. It could be a waste of money, time, and effort researching about them while you will get dust in the future.
There are so many choices out there, why stick with meme coins? Just because they entered the hype doesn't mean their trustworthy to keep, there are a lot of projects that went through the same and yet they are buried now.

Every crypto has its own risk whether it is a memecoin or not sinply because cryptos' market price are volatile by nature. But with meme tokens as concerned for long term investment, I'm not quite sure whether it would be best for such investment technique given that most of the meme tokens has no utility to sustain the demand for it. Also token supply is huge which could also be a factor to lesser demand. But this is not to close the door for memecoins. If there will be further developments tackling issues and potential problems, then for sure it would become a better option than its current image. Right now, memecoins are no doubt good for short term investment due to high volatility in its price.

I would say that a person shouldn't make the mistake of buying a bunch of meme coins with their capital hoping that they will gain a lot of value and they will become rich because that only happens to a few lucky people, it's like winning a jackpot in gambling which is extremely rare and not everyone can get it even after spending so much money on gambling, investing in meme coins and hoping for high returns is exactly the same thing but people don't understand this simple fact.

They don't have any projects backing them up, they don't provide any utility to their holders, and they have no organic growth potential which means that they will only gain value if they are hyped up by the community and then people start investing because everyone wants a share of those high profits.

Not in long term, tho some memecoin expanding their project and finally found utilities for their coin, but most of memecoin never has utilities and never solve any problem, so their value relies on the community loyalty. For short term you could speculate and 'bet' your money but for long term, it is very risky.

Those which are enthusiastic about meme coins often point out to dogecoin as a meme coin that can be held for the long term, and this fuels their hopes that the coin they are holding becomes just like dogecoin, but they forget that dogecoin is not just a meme coin, but the original meme coin and the one that started that market, so it makes sense that as long as there are speculators willing to take the risk of investing in those coins they may keep some of their money on dogecoin, and while I would prefer those people gave up completely on those coins, they should at least give up on the idea of investing on those coins for the long term.

Investing in meme coins are quite risky. Because unlike established coins, meme has no real use case and just relying on hype. If the particular meme is popular and has many investors, people who are looking for quick profit are tempted to also join the ride.

Moreover it's not good for long term because you'll never know if it still has a value after few weeks or even months after buying it. If you're interested then go for Doge or Shiba and not the ones who just launched recently with still a cheap price. But be aware of the risk and always apply the basic rule to only invest the amount that you can live without.

I don't think that they're worth buying for the long term because you're not certain of them still being valuable by then. It's best that when you take your chances in buying into them, and you make profit in the short time, then it's better to minimize your risks by moving on, maybe take your chances again in another one. There's unfortunately no good tales about meme coins in the long run, so get what you can and move on. If I want to do long term in cryptocurrency, it'll have to be bitcoin, because it has proven it's worth in the market. Apart from bitcoin, if I feel like doing long term, it'll be a top altcoin like ethereum, and my reason is same as bitcoin, because it's also proven it's worth in the crypto market. Personally I like to minimize my risk when it comes to crypto long term investments, I can only go for tested coins, even if they're returns are not as high as the promises of none tests coins.

Investing without understanding the asset is like walking into a dark room without a flashlight. You may stumble upon something valuable, but you are more likely to trip over obstacles or make costly mistakes.

Relying solely on the opinions of others, without conducting your own research, is a recipe for disaster. While seeking advice from experienced investors can be valuable, it should not replace your own independent analysis.

Investors should conduct thorough research to grasp the fundamentals of the project, its goals, its team, and its market potential. This research should involve evaluating the project's whitepaper, roadmap, and community engagement. It is also essential to assess the project's competitive landscape and identify its unique selling proposition.

Well, easier said than done because not everyone will understand it that way. I didn't. In 2021 I bought Safemoon and Moon Rat or so and both did extremely well. Gave me an unimaginable ROI but I didn't take profit when it did. I expected more and before I could say Jack, the whole thing vapourized into thin air. I learned from that sad experience to steer clear of memecoins. That was a sad experience.

I still don't classify Dogecoin as a memecoin. I'm cocksure that those who do haven't used Dogecoin. If they do, they would discover that Doge has utility as a payment coin and its swiftness of transaction is high speed. Not even Bitcoin in its period of fast confirmation comes any close to it.

I think if you have the guts to do so, why not? after all these kinds of coins are not your ordinary investment because you need to be active when it comes to the right time to sell them and earn some decent profit. If you miss that opportunity, your only chance to recover your capital is if the meme coin you invested your money with is a successful coin in the future, because if it's not then you also lose your money by missing the right time to sell it.

Let me put that into a picture so you will understand it better, investing in a cheap meme coin is like buying a rock for a few bucks and expecting it to have a gem inside it when we cut it.

Definitely, it is possible to find a natural gem inside a rock but the probability of finding is like 0.00001% so all you can expect is to invest and the project to grow bigger.

Memes coins are not always fun but they become a real asset to give profit to its users. All those who have not sell their meme coins in previous bear market are wise because some of them like doge will make its holders profitable during market boosting price in future. It does not mean that if certain coins are less valuable will always remains same but most of shitcoins become profitable in future but only those will get reward who are know that better days always comes and bad days never present always. While trading meme coins cannot give you profit but if you hold it for few years then may be your profitability become sure in future.

the reason I bought meme coin was that I only took advantage of short-term profits. I think most people do the same thing. Apart from that, I feel that meme coin is not worth holding for a long period of time, because the risks are very large, especially in large amounts. However, there are some people who are holding some meme coins, and hope that the price will go higher. However, they only hold popular meme coins such as Doge, Shiba, and others.

Meme coins are useless and they have no long term prospects. One thing good about them is that they are honest with the fact that they are useless.

What Musk did to Doge coin was manipulation.

Although, I accept I have used Dogecoin often due to it's minimal transaction fees, but that's all there is to it.

As long as you are aware of what you are doing speculating with meme coins could be a good move, but for what I can see there are not many people that take seriously enough the possibility of losing money while trading those coins, they only think about the positive outcomes that could come to happen, without ever thinking about all the difficult scenarios they may have to face and not realizing how much more likely it is for this to be the case.

I am in support of your statement that musk manipulated the Doge coin, normally we all all can attest to the fact that without his influence in the coin, doge coin wouldn't have gotten to where it is right now, mr musk acted as a catalyst to help the adoption of the. However I am not in support of holding what I don't like, and altcoin in general is never my thing, I prefer my patience in bitcoin after all, we have been experiencing an increase in the price of bitcoin and this is good one to start with before the halving and then the bull run. I would confess that meme coin can be some time tempting to invest in, the profit most of them give is sometimes not comprehensible, while most of them still tend to make their investor cry of pain from loss.

After the hype of Doge coin, it cannot be denied that the rise of meme coins is truly very significant. Many coin memes have emerged, even this year they are still appearing a lot. And most of them will always experience hype in the market and eventually many people will enter there. The price increases are sometimes very fantastic, allowing some investors to get very high gains.

But on the other hand, there are also many people who experience huge losses as a result of investing in meme coins. Maybe even more people suffer big losses, especially beginners in the crypto world. Because, the risk of investing in meme coins is very high.

That's why, when it comes to new meme coins other than Doge, I'm not sure if they can survive and are worth long term investment. This seems like something that carries a very big risk. Maybe most people believe that Shiba Inu can become like Doge, yes, maybe. But for low-risk takers, it's better to avoid long-term investments in meme coins.

Dogecoin has spend years in the cryptocurrency ecosystem world yet it has not not reached a dollar in the market and that is not too good in the industry. And with this we have to consider two things before investing in meme coins. Since it takes time to add value in their market cap then it is not good to invest and if you must invest then prepare to stay with the investment for decades of years. And secondly, since the coins takes years to grow then it is not also good to invest in a short time because nothing will come from the investment.

But you can just keep small amount of money in anyone you know that can do well in the future. There are many meme coins that have collapsed so if you are investing then be careful. There are some that is still far from 1 dollar. Even 10 years to come, they will not reach one dollar and if care id not taking those ones will collapse from the ecosystem.

Meme tokens are like viral videos, they come at spotlight and goes and years down the path they make come to spotlight again.
Dogecoin is an exception, being one of the pioneer coin, they were already popular but due to their unlimited supply, they were loosing price. But the grace from Elon Musk made them rise again. There came different coins like Shiba Inu and PEPE that received relative success and are still trying to recover.
They could be used for short term investment or swing tradings, but they don't make a long term investment coin.

yeah they are honest and still people are over glorifying it, the meme coin in general exist for fun don't expect meaningful profit except someone is just went all in and opens up the possibility of going bankrupt.
regardless though there's no proof that musk is manipulating doge coin, some people might say that his attempt to create many tweets might be attempt of manipulation but im not so sure, mainly because he's just shilling and not really playing into the market.
but right now his influence has finally subsided, i don't think he has that much power again to influence, moreover the trend of meme coin has also fading, i don't believe any meme coin will repeat the feat of doge and shiba inu again.
achieving that much of a market capitalization increase is not such easy feat, moreover too much meme coin having high market capitalization one might be confused where the money will be flowing in from.

How would we know whether Musk is playing into market or not?

He could make a tweet shilling doge, doge price surges and he'd make a sell.

This is what quick search on Google brought me:



Millions of followers, influencers and plenty money at hand, he can do whatever he pleases.

  Even if we say that they don't have projects, they are listed among the top exchanges in the cryptocurrency business industry, and their trading volume is quite good every day of the exchange platform, which means that many traders are still getting profit here. .

  Because, according to my observation, there are others who have project plans and roadmaps, but it is very difficult for them to be listed among the well-known top exchanges, then the trading volume and market capital are too much compared to the meme coins you mentioned. Do you think that if you are one of the traders, would you put your capital investment in what I have mentioned here?

I don't have a reason, but if it is supported by an influencer like Elonmusk then we can consider buying it even though as you said there is no seriousness in it but who knows in the future what Doge will be like in Elonmusk's hands.

To be on the hands of a single whale is a big and worthless risk to be taken. What if at any time he just decide to stop supporting the memecoin? Then the price wod fall to zero really fast and you, as an investor, would have a bunch of priceless tokens on your wallet and your funds becoming dust. Actually, Elon Musk has already tried doing that with Bitcoin, but thankfully BTC market doesn't fully revolve around him, so the negative consequences for Bitcoin price were limited, but imagine if he had a deeper influence on this market, how things could have gotten worse for BTC. Beware with what you wish, especially if it involves centralizing powers and influence to determined individuals, followed by the idolization of them. Keep in mind whales have their own agendas and they won't mind using and prejudicing little fishes like us to fulfill their objectives.

If you are asking whether meme coins are worth buying for the long term, of course they are not, and it is not recommended to buy meme coins for the long term. Meme coins are only entertainment coins, of course entertainment can also be profitable if you take advantage of the moment, I personally bought meme coins to make short-term profits but with not a lot of money of course.

In my opinion, Pepe is good because Pepe's circulation supply has run out. The total supply is less than Shiba. The market capital is still low. CMC's ranking is still in the 90s. So the explosive potential could be much bigger than Doge or Shib. Personally, apart from Shib, Pepe is targeting accumulation installments in preparation for the 2024 bull run.

Indeed, the terms and conditions always apply if you want to enter a well-known exchange, the fees are quite large, but if they have the criteria according to the exchange they want their coins to be listed there, they will definitely try. For the second question, maybe OP can answer it wisely. For me it varies a lot of course.

First of all you need to know that meme coin holding is risky because they contain a lot of lies but there are some good meme coins that have caught a lot of investors in the crypto market with honesty. As you mentioned some of the best meme coin names but new meme coin is very dangerous. The idea of ​​new investors to get rich suddenly from meme coin is totally false propaganda because most meme coins are scam. You can buy a lot of meme coin but very few meme coin will give you profit and most investment will be your loss.

I'm not really a fan of meme coins; I don't invest in them, but when investing, you have to be very careful. Don't invest because of the hype that you are getting from people; make sure you do your research before investing. Some meme coins do not have a road map or even any use case; they are just created; people will pump it with their money, and later it will be dumped on people. How are you going to hold a coin like that? I believe meme coins should just be for short-term investment. How will you be holding a coin without any use case for the long term? Then you expect a crash to happen. If a house is not built on a strong foundation, don't expect it to be strong.

I don't recommend investing in altcoins, but there are some strong altcoins that you should invest in rather than investing in meme coins. To be honest, meme coins are one of the few coins that I will recommend anyone not to invest in. If you want to invest, then it's better you invest in bitcoin, and I know some people who do prefer to invest in altcoins. Get some strong altcoins and invest.

Are meme coins good for long term investment? the answer is no and the reason as you say because the project is not clear, meaning this project has no utility and does not even have a road map. The price of meme coins can indeed increase thousands of% but the price can also fall to $0 and what often happens is that the price drops to $0, therefore many say investing in meme coins is high risk.

many seemed to overestimate their capability to analyse a coin and as a result is the effort of making investment in meme coin which sometime might just be the worst decision ever.
there are so many meme coins generated and very few that could have meaningful market capitalization increase, in other word, the chance of success is so low yet people are flocking onto it thinking they might be rich from it which isn't wrong if they happen to have some miraculous encounter of investing into some rare memecoin that might be getting big in the future but many times that meme coin just gonna outright losing value.
being conscious in this regard knowing that meme coin have low chance of success is good enough for people to keep themselves from losing even more money because as I've seen newbies greed in investing meme coin cause many to lose money.

You already stated here that the coin has "no clear project".
You also said that their price increased by thousands if not hundreds. Do you think that all of us can take a risk and invest in these types of coins which are typically more volatile than those of the top ones?

Are meme coins worth buying in the long term? Hell no. I will not buy a token that has a chance to go up by thousands yes, but go down by thousands as well. I can't take that risk. Probably some can take it, but not for me. Another one is that I don't want to invest in a project that has no use case and isn't beneficial for the investor.

I have no reason for buying any meme coin aside maybe for DOGE because I have a bias on it since it's the very first meme coin that has been created, but other than that, I will not buy any meme coins or should I say shitcoins.

Very good topic OP, You are quite right that meme coin having no roadmap, no team and also no other details which we often check before choosing the best project but it is fact also that rising speed of meme coins is much higher than Solid and long term projects.

People who was thinking that btc was the only coin which pumped very high and maybe no one will get this type of coin. When meme coins launched especially Shiba , Pepe and Floki this thought is proved false and people made a high amount just in the matter of 2 months. I am not saying that memecoin is competitive of btc as there is no coin who could beat btc even Ethereum cannot but in term of profit yes meme coin couldn't be forget.

Meme coin are riskier also and one have to first complete research about total token holders and community detail before entering. If we invest small amount which we afford to lose then investment in memes coin is not bad.

Traders make the mistake of thinking about themselves as being flawless, and when someone thinks of themselves in that way then it could make sense in their minds to buy a bunch of meme coins no one has ever heard about as they believe they will skyrocket soon, however this is obviously a mistake as there is no trader that can win every single trade that they make, and when they fail they get surprised this was the case and try to find a way to justify their mistake, not understanding that the whole premise about their inability to make mistakes was what was wrong.

All meme coins were created in my opinion for speculation, there are no technologies, there are no serious teams, there is just hype, behind it there is simply a good advertising company that promotes its project, for the long term this is not a very good idea.

I can't say whether it's true or not, but even meme coins that have no future can be valuable if influencers or famous people are involved in them, crypto is a fomo and fud space that is very influenced by news or encouragement from famous people, for example Doge which was popularized by Elonmusk.

Doge, Shiba Inu, and Pepe - these are the meme coins that have been known in the market due to their hyping price but the rest remain unnoticed. Not a surprise in the sense that these meme coins have no use case and only hype helps them be known to us. Therefore, investing in them is not worthy and it is much more if we think about holding them for many years, they are dead already.

I don't discourage people from investing in meme coins but must be sure that they are already aware of what will possibly happen to their money.

You are better off taking that money and putting it on red in Roulette table. Meme coins are a joke and will never be good for long term, If you decide to go short term then surely it can be rewarding.

It's true that the altcoins space in particular, a lot of  was born without a special campaign. sometimes  only rely on airdrops but they quickly attract attention. I think dominant people like instant profits. So it's even more interesting for developers to make things simple.

Yes. Different people have different points of view. Whether it's bad or not, the main thing of a speculator is that the profit at the end is in his head. The important thing is to make a profit. it's risky and the main points are that they are often fine and they know and that's what's strange.
​

That's right, wise advice for those of us here who still don't understand the direction of investing in memes. In general, we always look at momentary benefits and not sustainable ones. Yes. and the idea of converting profits to buy BTC must be tried.

In my opinion, meme coin that is worth it to buying and making a long-term investment is Dogecoin, because
1. Dogecoin has its own blockchain, so Dogecoin actually has the same function as Bitcoin
2. Dogecoin has a fairly high market cap and is in the top 10
3. Elon Musk supports Dogecoin and accepts payments using Dogecoin for Tesla purchases
so that's what makes me believe to investing in Dogecoin for the long term.

Entertainment apparently worths some money, did not expected that to be fair but that is what the market is saying. The reality is that if we take doge as an example, people are not saying "I will invest into doge and definitely will make a lot of money from it", they are saying "I am going to invest into doge because it is so much fun, and if I make a profit with it then that's even better", which is understandable, they want to have fun while investing, same logic was done with GME at stocks world and that was definitely fun, but that doesn't mean that we are going to end up with right approach each time, sometimes you want to have fun and will lose all your money, that is not really a good thing at all.

People should look for profit first, fun second when they are investing but not everyone is doing the same thing, so we are not going to really end up with something that should be all that crazy, it will just be something that should be profitable if they are right.

I agree, but most likely it won't last long because it's impossible for the influencer or rich person to continue to support it if it doesn't provide a large income for themselves. and the question is who wants to invest in an altcoin that has no utility and then the price rises and the hype just because it is supported by certain influencers or rich people?

In my opinion, meme coins are not worth buying in the long term because they do not have clear prospects. Like what happened with Dogecoin where people were very interested in buying because it was supported by Elon Musk but it didn't last long for the price to plummet once Elon Musk sold everything. Therefore, the fate of people who bought Dogecoin at that time is now that they are experiencing huge losses because the price continues to decline in the market.

nope, meme coins can not worthy investment in terms of long term, short term it can be profitable, i'm trading doge,pepe and shiba for short term, getting a little profit.
there are other no reason to buy it, if these are not real project so those can not run in long term, i don't recommended to buy for long term.

Doge is a legendary coin, it could be said to be the oldest meme and still survives to this day, even though the price is less friendly, it can provide a surprise like when Elon bought it. and there is
It's also true what you said, the people who bought when Elon made Fomo are experiencing huge losses at the moment,
So be careful if you want to enter the crypto world which is based on meme coins

Meme coins are really not good for the long term. It's better for you to gamble rather than buy meme coins. People who buy these coins are just fomos with the hype. I think I've also bought coins like Doge and Shiba, but I only held them for a few months because I was afraid of the risk. Very large
maybe the reason I bought meme coins was to get a profit of 1000x my capital, that's what made me interested at that time

Memecoins and long term? This two words can’t even be in the same sentence because they are contradicting. Memecoins is pretty much short term. In fact, some of the memecoins you see today may be really popular today but by tomorrow, they are all dead. If you feel the urge to invest in memecoins, just know it has to be short term, and my advice is that you use an amount that you can afford to lose because many times, people throw in everything just because they want to be rich overnight but may sometimes end up depressed.

most of the meme coin are short term indeed but there are certaily some meme coin that could hold on for long term take as example is doge coin, it already existed since very long ago but indeed its just 0.001% of all the meme coin present that could hold on for long so its more or less true that most of the meme coin are short term even more so for those meme coin that could only get themselves listed in none of the exchange and instead used dex as an alternative since they know themselves their coin are shit so they just use dex with low volume even those dex created specifically for shitcoins they are already doomed from the very start and investing in them will most likely to make the devs getting rich not the investors themselves, thats the thing with majority of meme coin, just some random ERC20 using some fancy name for marketing and at best getting listed in some dexes and call it a day.

Memecoins have good stands in the market, though not all of them are worth investing on due to their volatility and vulnerability to bear season. Mentioning one of the powerful man in the world and also in the crypto industry, Elon Musk have caused many investors to fall back to trenches, like starting from square one and along the line, majority have smiled and boosted their portfolio, all thanks to Elon Musk for making me counts my first profits in the system, when he tweeted about Dogecoin and made the CEO of the projects, he boosted it with good promotions but he abandoned the projects and other projects he was working on in the system and tend to face his companies straightly.

Most meme are better to take advantage of in the short term, because you don't know the one that'll survive and reach long term. If you want to gamble your money for high profit, then meme is for you, you just might pick a good one that multiply your investment many times over, and if it does, it's better to cash out, because you don't know whether the more you wait, it'll become worthless. For long term investment and better assurance and peace of mind in crypto investment, I'll be very comfortable to rely on bitcoin, because it has proven to be very profitable if you hold for a long time, also any top altcoin, is good to put money into, because just like bitcoin, they're also reliable and profitable.

Agree. Worth checking out $BRAIN https://www.brainlet.finance (https://www.brainlet.finance)
Brainlet Finance is a meme token without the added volatility (due to tokenomics functionality).
Base 274.99% APY..... meme but real, which makes it even funnier

This, if a trader wants to take their chances with a meme coin they can do so, but at least they should set some ground rules to not ruin themselves in that process, rules that are as simple as not holding those coins for the long term, always be ready to sell your stash no matter what, at the first sign the developers may seem as if they are ready to exit scam then you need sell and only invest in those coins a small part of your capital, if a trader did this then even if they lost money with those coins their losses will be small, and they could easily recover them with their investment in bitcoin and other good coins.

The answer is 100% absolutely not worth it. People compare meme coins to the success of SHIBA and DOGE but they don't know that the chances are very small. There are thousands of meme coin projects today and there is still nothing like SHIBA and DOGE. Yesterday PEPE was said to be the next SHIBA but now look where they are now?

Shiba just got lucky with their market performance. But if you look at how they started here, it seemed that they were just a crappy project.
They didn't have proper ANN and they didn't even visit their thread. So don't let your hopes up on this one as well.
Maybe I can count on doge, because it has been widely used even before it was hyped up by Elon.
Though the fees are getting expensive also as compared before. But its existence is the one of the longest among meme coins/tokens.

Is Dogecoin an example or it’s directly the only memecoin with the long term potential?what I’m saying is, it’s only Dogecoin that may have the long term potential because Dogecoin has kind of shifted from the memecoin market as it has a lot more use case than just being a memecoin.

I see you speak of developers and exit scam Irrespective of the fact that memecoins aren’t long term assets, I do not think that memecoins are scam though. Your messsage sounds like eventually developers always exit scam.

If new meme coins yes but there are also old meme coins which can likely last for more months or years but why not just go for the old non-meme coins instead? As their potential to pump during a bull run is much higher because they have a strong technology. Old meme coins will mostly rely on luck and if someone decides to manipulate and hype them again.

To become greedy is not good even for the non meme coins. We don't want to lose the chance and wait longer again. So it's better if we can just grab the opportunity right away. Besides, we can still buy at the lows again right after it, because for sure many will also sell and that can cause a dip in the price of the coins.

Every project's success depends on the people involved in it. If they believe that they can take this project to a new height, they will keep pushing. Also, it depends on hype and trends. Once it wears off, the project is as good as dead. It may rise up again following some trend or something like that but it has no actual use case like other actual projects.
If you have some spare money lying around that you have no use for, you can use that to invest in meme coins. It should never be taken as a serious investment. You can invest that money and keep it aside for the next wave of trends or hype.
It is better to invest in something that is going to be profitable in the long run. To me, meme coins are just a waste of time, money and energy.

A crypto investor should view altcoin investments as short-term, not long-term, plans. Only bitcoin should be considered for long-term investment strategies. The only way to profit from a memecoin investment is to invest it early and sell it soon after when there is profit. 

If memecoins are to be hodl  for a longer period, you run the risk of losing your money because memecoin prices will eventually have a big dump in price someday

Meme coins are fastest way to double your profit. At the end we will buy btc and hold for long term. Btc is not good for short term as volatility is not good enough to get required profit in the specific time limit. New crypto users mostly investing in meme coins because they want to double their capital quickly and they have been taught that btc will not give them profit quickly as meme coins gives.

Many people against the meme coins but i am not agree with them. Although meme coins has no special use but still the profit could be make from the meme coins. For long term holding I like your statement, we can loss all If all whales start selling one meme coin and start buying other.

OP you don't mind you can trade any coin you like. Because maybe many of us like meme coin or some like doge coin. So you need to decide which coin you want to trade. First of all you have to decide whether you want to trade alt coin or trade in bitcoin it is very important decision for you.

Definitely can trade any coin of your choice depending on the one you prefer, but I also think trading with sentiment and not potential will kinda lead you into taking loss. Take close watch in the market and then decide which to put your money don't just put your money Into meme doge all because you like dogs and all that, try to see ahead if it will give any return of profit.
Trading Bitcoin might not seems to be the best but buying and holding should be considered ahead of trading. Among all cryptocurrencies it is best to invest into Bitcoin for the long term and other Altcoins for the short term

All the meme coins you mentioned are listed on well-known exchanges, and SHIB is also listed on exchanges. Well, actually, except for Floki, I don't have any holdings.

Then, the rest of these meme coins that you mentioned, I have holdings, and I also have other meme coin holdings that you did not mention. Then it's our choice if, in the eyes of the majority, it's not a good investment, but that's what I saw as potential, so I invested and held it.

Most of the time meme coins shows good performance but during Bull run they don't show any beneficial revenue for which everyone is looking for. Therefore don't trust on any altcoins as when the time arrives the situation become differs than expected. In my opinion Floki is not such a meme coin which will perform better during Bull season but as we are choosing Shiba inu so yes their activity can be measure in Bull run and profit will be maximum.

I think that as OP have mentioned token so all users will not hold just these meme coins as large number of other coins also exists like Doge and many others which will be preferred more for holding longer and will get  supreme status.

I note that meme coins can provide short-term entertainment or even some quick profits, but they should never be relied upon as a long-term investment strategy. The hype surrounding meme coins often leads to volatility and uncertainty, making them an unreliable investment option. Due to various social media Many people are interested in investing in various meme coins including Dogecoin, Baby doge coin, floki, Shiba inu, Pepe. If you are not careful, you may fall into greed and invest according to your personal decision hoping for huge profits from meme coins. Where there is too much risk, I would never vote to hold Meme Coin as a long-term investment.

What can be expected from meme coins whose existence only depends on trends or hype, after which they disappear who knows where. It doesn't matter when you want to go there, but we must know very well what the risks are in it, don't let us do something that we don't know what we are actually doing.

For the long term there are coins that are more promising than meme coins. Maybe we can get into meme coins just for fun or we don't prioritize it or we buy it with a very small amount.

Lol, indeed investing in meme coins is a waste of time, because there are more promising ones ahead. It would be strange if someone chooses to gamble their luck, when something more valuable is clearly in front of them.

its those memecoins that bring newcomers in crypto. there are people i know personally who don't know crypto but i saw their facebook posts mentioning those memecoins like they have invested the valuable token.  memecoins are not valuable but in the bull market, they tend to have the most activity since users are sharing them for daLulz.

it only matters when they begin to have a value that repeatedly grows over time and so with it, it becomes an investment for them and many made their huge profit through Shib.

that's right, I think any fundamental and famous projects and oracles if accompanied by hype and constructive news will certainly result in an increased market segment, meaning that even good fundamental coins I have experienced bag holders in a few weeks due to lack of analysis, ;D all just different types and classes, basically if even a longterm coin if there is no hype and something that can be used as a guide for investors I don't think it will increase its price too rapidly with limited capital, continued with investor confidence and from there transactions occur, whatever their suggestions and analysis of coins that are being pumped. Likewise, if the coin meme gets a fresh breeze, it means that the impromptu hype certainly depends on each trader.

What I like is that fluctuations in crypto are so often repeated and I prefer to take 5-10 percent of the profit from the capital I spend even from meme coins such as shiba, bonk etc. Some mental delay coins I buy too, basically the holder is the winner. and take profits are often encountered but assume it will pump again before the price subsides.

Yeah, I believe the same. If you have spare money and spare time you can waste, it is better to have some kind of investment with it and adjust leaving the rest to your luck. It's like a total gamble when it comes to meme coin. You never know the future, and there are only two outcomes. Either you will make a good amount of profit or the project itself will vanish out of existence in no time. The project will be totally dead.

And that sounds more like gambling. I will never put actual amount that I hold for serious investment into meme coin. Lots of option and opportunities are floating out there and it will be foolish to choose something that has no predictable future. But in the end, it's other people's money and they can do whatever they want with it. Just be cautious before investing into anything.

meme coin is indeed a hype at the moment and has the potential to give us a big profits, it's just that investing in meme coin has a big risk and of course in my opinion meme coin is not really suitable as a long-term investment, therefore my advice is that you better not invest in meme coin for the long term and never be greedy if you invest in meme coin, so if you have made a profit from investing in meme coin, then you must immediately take the profit or you will lose the opportunity to make a profit from investing in meme coin and instead you will lose your money.

It is true and it is highly recommended that if you want to invest in meme coins, only use a maximum of 10% of the assets you own or even less than that. why is that, if your meme coin investment fails or even loses everything, it won't have a big impact on the portfolio you have. and if it increases, let's say it's 1000x or even just 100x, of course I think that's enough to increase your assets.

for me meme coin is no more like a lottery, you can be lucky and a lot more unlucky lol. In my opinion, buying meme coin has been redflagged for the long term, it really doesn't make sense. What's clear is that the form of the project is often a scam, what if you only capitalize on the hype of meme coins. the benchmark for doge, shiba etc. is not strong enough. I think why people have to buy meme coins, it seems that out of 1000 meme coins there are only 1 or 2 that can continue, even though in the end it will be a scam or at least an exit scam at a price of -99%.

OP if you ask me, holding memecoins worthy for the long term? I will suggest that it is not a good idea to hold them for the long term because investing in meme coins is very risky and it is a very rare case scenario that mem coins will return max profit because of their market cap and supply in the market which makes it nearly impossible to give Maximum profit to its investors so in my recommendation we should not invest in meme coins for long term holding. DYOR

No. Just imagine an asset that needs a hype to actually do something and what would you do if those meme coins that you hold don't really get any recognition and no one hypes for it, the coins would be stay like that and do nothing. I don't want to hold an asset that only rely on hypes, there is no fun about that.

It's okay if you know when to stop during release days especially if it's the most viral one, you could grab decent profit if you quick enough to dip out after making an investment. But high reward comes with high risk.

I agree with you that it is not worth using meme coins as a long-term investment because it is too risky, especially since basically the price of meme coins is influenced by hype and when the price drops it is very difficult to get back up. As happened in the case of Dogecoin, when the price experienced a very large increase, which was influenced by Elon Musk, but once the price fell, until now the price of Dogecoin is still difficult to recover.

Memecoins aren't supposed to be bought for long term investing, they're controlled by hype from celebrity and other public figures in the cryptocurrency market. Dogecoin was hyped by Elon musk and without him, dogecoin won't have rise in price. Dogecoin also went up in price recently and it was due to the influence of twitter which is owned by Elon musk. When we're investing in memecoins, we should be taking profits when they come as we don't know how long the coins will remain hyped.

The only time I think we can hold memecoins is when we got in very early therefore we are always in profits regardless of how the market crashes. Those set of investors that bought dogecoin when it was still trading very low can hold as they don't have anything to lose unless dogecoin falls to zero and by then they would have made alot of profits from selling some of the dogecoin they bought very early.

Meme coins are profitable but not all of them because some of them provide profit while most of them fail to go into pumping phase. You can take profit from meme coins if you take profit on time and accept the little benefit whenever it gives you as desire for more will cause your hold coin to dump.

Meme coins does not remains at higher worth always like that of other altcoins therefore people rarely trust meme coins and another reason is that most of the meme coins disappear which reduced the desire of people towards meme coins. Now again you can see that people are accepting meme coins due to coming Bull season and after the success of some meme coins which create a positive layer for another meme coins.

In normal life, no one would invest in an asset that has no purpose and is priced with purely speculative discourses, but in the cryptocurrency world, we can witness extraordinary events. I haven't come across any statistics so far, but I am sure that the people who lost their money in memecoins are much more than those who made money. For this reason, I don't see memecoins as something worth buying and I agree with your comment. Instead of looking for adventure in this market, we should invest our money in the right places.

in the long term, in my opinion, it's not worth it, but to get 2-3x profits in a short time, it might be worth it, but remember, memecoin is very risky, it can make your money 1000x, but it can also make you lose all the money you have, be wise in invest, do your own research, don't be fomo about what's on the internet, people prefer altcoins to memecoins