Bitcoin Forum

Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits.
 
. just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.

I have been a victim of this in the past, a situation where I thought altcoins will move faster and give bigger profit than Bitcoin, hence I bought then instead of buying Bitcoin. Regrettably, some of them died in my wallet and ai never got the chance to sell at profits. Such experience is the reason I'm mostly Bitcoin now because I realised it is better to grow my investment gradually than to pursue quick profits and end up making mistakes that will cost me money.

It will boil down to what coins we are talking about.

Many people do think that the alts (at least the big ones for sure, like ETH and the likes of it) will pump in the near future. And I don't blame them (I watch after them and their actions ;)).

We may see a big strait up to $45k in my opinion (whether or not the geopolitics will come into play, or some other factors like recently) - we can't be 100 percent sure. Just as that all the alts will bring profits if the bottom has been reached. We should be ready for both scenarios and have the funds necessary to support the plan we stick to (all of us, I mean, with different ones in mind).

That's my opinion. But I agree with you that we should be vigilant nonetheless.

This a worthwhile reminder for everyone to take note of, as most investors are having a rush investment to make in some of the altcoins they think they haven't accumulated enough for their satisfaction against the upcoming bull run.

Very soon, almost everyone in the crypto space will be anticipating a financial flow in the crypto market that will have millions of investors becoming millionaires, some will in the process lose the opportunity to that just that they didn't diversify their investment on several altcoins, letting greed take hold of them by not having a moderate sell price at which they are going to sell each of their altcoin investments.

I couldn't agree more, it's tempting to buy altcoins during a dip, but not all of them will recover. Many altcoins tend to mirror Bitcoin's price movements, but lesser-known or unstable ones, often referred to as shitcoins, might just disappear and may not bounce back even if Bitcoin does. Rushing to invest in altcoins could lead to significant losses in a fluctuating market.

Some altcoins were already recovering from the dip, this will all be determined by the nature of their project and the availability of their funding required to make it continue existing, if we have already made a right choice by investing on a good coin with prospect, then by now we would have been seeing the market improving with our investment, though i don't think as of recent we have heard about any coin or project which has turned a scam lately.

That's how trading is work, and if you're not dealing with the risk, then how you get profit from the market? Buy when others panic to sell off their asset, then try to gamble on the recovery of bitcoin is a normal thing in crypto. Bitcoin won't be dumping forever, and that makes sense if they're buying it after it reaches the bottom.


True, but some altcoins in the market have chance to break new ATH. That's why, when trading crypto, finding a gem is the hardest task. But, it will help you recover your assets. Buying the dip becomes the easiest way to get decent profit from your investment.
Market instability is common. It offers a chance to profit in a bearish market. And if you're scared to buy at the dip, then how can you make profit from the market? It forces to you to teal with the risk.  That's why there is also stop loss.

You are not alone I suffered huge losses in altcoins that were bought during DUMP market conditions, such as promising that altcoins will increase significantly after bitcoin but it was just my imagination.

I will not make the same mistake again and again, maybe it will be a valuable experience.
Unless you are ready to like gambling and buy not so big in altcoins then it's okay.

I appreciate that you gained experience, even in a bad situation. I agree that the funds to get the alts into the portfolio shouldn't be so big that you would miss them if something goes south or the market crumbles due to circumstances that aren't in your power. Though, it's nice to have some, to see the dynamics between them and profit a bit in the long run. ETH, SOL and other big guys in town are here to stay.

Yes, I agree with you that not all altcoins will recover from the recent dip that happened in the crypto market. So many altcoins are built with no solid use case, and they are only based on hype to increase in price. It will be difficult for such altcoins to recover because there's no use case to help the price bounce back. I know some folks still invest in altcoins even when they know it is risky to do so. They should only invest with the money they can afford to lose because success is not guaranteed in altcoin investment.

That's a good and solid point, however, hype and funds can make wonders even with shitcoins at this point, not to mention alts with low innovation behind them. Take Neiro, for example - with just a trick of black marketing from dumping lots of their coins by Vitalik Buterin, word about them has spread like a story tale. The price after the event, in fact, doubled and didn't dump at the moment.

Starting off with altcoins and experiencing all that reckless losses from alts dumps and still having the courage to stay in the market is dope, because a lot of first timers that bought different coins in previous dip that had to dump it made their first time their last commitment to cryptocurrency.
 Alternatively people leave bitcoin to go for shitcoins because of the promising potential to make huge profit within the shortest time, the hype alone is another deceptive attraction, but It's after they would have lost so much capital they then shift to invest in bitcoin gradually building their portfolio.

Facts. Most of the altcoins are just the product of hype that usually abandoned by devs when the hype goes away. This is the reason why investing on hype licking projects such as meme coin, defi and other shitty bandwagon projects is so dangerous because there’s no chance for them to recover once dump because the dev itself already leave the project.

This is why it’s important to learn how to cut loss once you are trapped on this project because there’s low chance they will come back from the dead since there’s no interest anymore with these project.

Not only 1/3 but rather 90% of shitcoin will die since devs will just develop new shitcoin for another investment opportunity.

We do know that Bitcoin would really be always be the main trend setter on which it doesnt matter whether we are talking about new or old altcoins on which there are really that indeed to those who doesnt
able to make out some isgnificant movement on the moment ortime that the market would really be having that recovery,. On the time or moment that you do find yourself wanting to make out some investment
into those altcoins then it would really be that depending into your choice on which we know that when it comes to risk taking then it would really be that entirely depending into someones choice.
Recovery of said altcoins could neither be that could happen or not basing up everything would really be on the demand. There's no way that we could really be that easily to make out some conclusions
because there are coins that been long time on the ground or lets say that its price is really that on the gound buut there are indeed times that these coins do shot up into the moon.

In terms of recovery then everything would really be depending o the demand and recognition and community hype or interest. Basing up into the projects that
launching everyday then you could really be saying that projects do really "come and go" and this would really be survival of the fittest. If a certain project do
able ot get such attention then you do know on whats next.

It's 100% accurate. Checking on my portfolio, half of the altcoins I invested in, although I know all the risks associated with investing in new coins, are not going to recover because of rug pull and developers abandoning the project. This is something that will hurt our pockets, but this is associated with investing; you have to understand the risks.
Investing in Cryptocurrency is sometimes cruel, but you learn with every investment. You should never give up, as your next investment could be the next big thing.

Yeah, obviously when a person invests hastily, there is no doubt that he will not lose, but he will definitely do it, because according to me, there are some rules of buying, if you follow them, you will be safe, otherwise you will lose. So, the first rule among these rules is that when you see that there is a dump, you should not rush, but stay calm. Should invest at this time. 
 
Besides, I have often seen that people try to buy lay altcoin and meme coin in the dump, but this is wrong, it can cause you to lose. No, if it is, then it is correct, and if it is not, then you can definitely lose. So be careful with these kinds of altcoins and meme coins, which have no recovery potential.

Upon checking the market , it looks  like things are recovering now and the market shows strong holdnow

https://coinmarketcap.com/ 

and the term Many altcoins may not recover? well see it for yourself.

Those who has been on the long run with cryptocurrency should at least know that altcoin aren't worth to be trusted with 100% because they still possess that potential of dumping huge time except for those reliable and trustworthy coin that gain so much reputation in the market.

Look this period is a time of holding reliable coin such as bitcoin, ethereum some other top 20 cryptocurrency in the market ranking on coinmarketcap.
However, I would advise someone it's better to focused on just bitcoin any newly listed coin should be avoided because it could lead to huge dump after investors succeeded making their profit from when listed in the market.

The title of your topic should have been: "Shitcoins may not recover after this fall."

That should have made more sense because we are talking about shitcoins here and not normal altcoins. After all, good altcoins will surely recover along with Bitcoin and we are already seeing that in the market. So it's a bad idea to invest in shitcoins when there is a sharp drop in the market, but buying good altcoins can be great because such opportunities aren't provided all the time.

Traders who bought altcoins in this drop are going to get significant profits when Bitcoin recovers because those altcoins are going to give them good profit, but investing in useless shitcoins and meme coins might only get their money stuck.

Whenever there is fall like this, only shitcoins don't recover back from the dip because it investors would have left when the coin or token lacks the minimum and adequate fund to keep it running up to the required stage, knowing more about the project developers is very important also because some where known for this that they will reward people for their investment on them while some may not due to so many reasons only them can relate with

That's exactly true, we are recovering, and we are doing alright and many people are mistaking what we are doing right now as something that will not be too simple.

We are going to have some issues with what we are doing at the moment, and I feel like we are going to deal with something much larger here, we are not going to do anything that would be willing to do something easy to handle, it's going to take a while for us to recover fully, but we recovered for a while and to a point which is why I feel like we are going to deal with something that will do even better, which is why I think it is quite strong possibility that we are going to go up even more, that's the most important part.

I believe that we are going to do fine, we just need to do something more, and wait a little bit more. If we keep on investing, the price will go up and that's going to be something quite good.

However, we are going to end up waiting a bit more, it is not going to be instant. As long as we have trust in bitcoin and crypto in general, we are going to recover and that's why I believe that we are going to do something that will be a lot better, we just need to make it work one way or another, that's the whole point.

If that be then history might likely be repeating  itself in this case. Knowing the project developers can kind of give hope, but does it really matter so much?
Everyone should watch out on their investment move. Emotional intelligence is important in this case.

I agree, just like in the last cycles. There have been bunch of altcoins that have never recovered and it seems that it's going to happen again or it had already started when we see Bitcoin went back to $49k. While this volatility of Bitcoin is hitting a lot of them, it is for sure that there's gonna be more of these altcoins that will be out of business because flow of money will be out of them mostly those that are done already with the hype that was made on them.

I reckon and people should be reminded about this. Many of these shitcoins are going to take their money away and they'll feel bad if that money that they've earned from the market came from the hard earned money that they have traded and held for a long time. Many of these altcoins aren't good for long term and they have to accept that they're like having some specific period of time when launched to the market and got listed to exchanges.

Yeah, it's like the Wild West and a time to draw and press the trigger. The question is, when it's better to be done..

correct many altcoins can not recover when a big dump happened and if bitcoin will up again but a lot shit coin can't follow bitcoin price,
so be careful to all who guys are beginners in crypto, i am buying bitcoin because it's will recover very fast, and safest investment always.
although some good altcoins still much low, i put some money to buy those in short term.

We do really know that Bitcoin would really be always the main trend setter on which on the time or moment that it would really be making up such correction then you would really be definitely
thinking up that it would really be making things or entire market would really be going down and  this is something not that shocking anymore because we've seen this thing ever since this market has been created. Its something that where the market would really be basing up in accordance into its movement. If its really that making up some price increase rally then you could really be able to see that everything is really that going up nor neither going down and this what makes it really that too unpredictable for you to be able to tell on where it would really be going. Speaking about recovery on which its not really just that giving out some assurance that those coins/tokens wont really be able to make it out. Everything would really be that according into the demand and recognition as always
because this is where price will really be kicking out.

When BTC dips, altcoins dips with it, but when BTC start pumping altcoins usually do not follow suit. This recent BTC dump significantly dented the altcoin prices and many of them haven't recovered yet. On the other hand, BTC saw some upward trends.
The Majority of the shit altcoins will probably exit the market if we see another such drop in BTC price. Many of my altcoin investments are down many folds, but I am still holding them as I am being optimistic about their price pump in the upcoming alt season.

Fingers crossed indeed, we shall see the market becoming more bullish in the upcoming times.

If the Bitcoin market is a bit dumping there are many altcoins that are doubly dumping. Many people may have high hopes around this dumping that the market will be full soon. Bitcoin may be full soon but many altcoins that fall with Bitcoin may not recover its price. We have seen in 2018 and 2021 pumping that all the coins that had the highest pump and occupied the highest position were dumped so much during the dumping that till date they have not recovered, not even 100%. So I mean all the coins that are dumping more with Bitcoin in this season are more likely not to rise with Bitcoin. So it is always better to choose the best currency to invest in because if the market goes up a little it goes up a lot.  Especially the best coins to invest in are Bitcoin, Ethereum, BNB Solana, all these coins except Bitcoin.

Big fellas of the market lead the way in terms of stability of the investment, am I right? ;)

While I agree that the fall was a steep one, it is not big enough that it looks as if it can never recover, it will probably recover from that without much issue. This should not be a problem and I believe that we are going to end up with a good result one way or another. Most tokens and coins will recover after this steep fall, because when market recovers it does it together and this is one of those times where it will recover easily together. This of course isn't all that simple and because of that I believe that we are going to end up being a bit more careful with it as well.

This should be very good eventually, so do not fear about what's happening, just be careful. If you invest into risky low cap coins or tokens then you may face some issues but it will not be common otherwise. Just keep on putting up money into stuff that looks trustworthy and you should be making good enough money from it without much issues, it is just as simple as that.

There are many altcoins that all altcoins can rise with the pumping of the bitcoin market but there are most altcoins that cannot rise with the pumping of the bitcoin market. Dumping meme coins in particular may not increase in price much later. If the market is dumping more, it is better to buy bitcoin or ethereum instead of buying meme coin or shitcoin, there is a chance to recover later and make a profit. I bought quite a few coins and still hold them seeing that once there was a lot of profit but didn't sell all those coins are heavily dumped now due to bitcoin dumping. So much dumping all my coins are not pumping much while pumping bitcoins. So one should not rush to buy any meme coin or shitcoin during dumping bitcoin market.

Yep, I bought few shitcoins and the price never went back like when I bought even though Bitcoin price rise and drop, the shitcoins I bought always drop lol. But, I can't really expect anything with my shitcoins considering I bought old coins that the price is less than $1 and it never rise since Bitcoin bull season in 2021.

I will wait till next year, if there's no change, I will sell it all.

Before making an investment on any coin or token we have to be sure of the information's heard on them, if we don't want to risk our money invested on them, it is what has been made common that many will risk the entire investments made because that is what makes the chances for making profits, but we couldn't because of that leave everything to risk loosing our investment asset o  them, we must search well and ensure that we are close the the accurate crypto to invest on.

Actually, there are still a couple of shitcoins who can recover back from the dip. This is a sign that there are still lots of people who hope and invest at them. Their teams are also strong and they have lots of connections I.e. whales which can help to keep their project stay afloat. It was only the wise investors are the ones who can detect and abandon a dying project.

When investing on a project, it was indeed important to know the devs but this is not only limited to it, I mean sometimes a project can fake it and even if we say it was legit but other aspects of their project is still lagging, it can still hinder their potential growth. For those who don't do any research, I don't think ' there are so many reasons ' on why they are like that but there is only one reason for it and that is called laziness.

Sometimes we get a bit lucky, and sometimes - the reality is a bit harsher with us. I hope you will see a greener portfolio in the next year.

1:3 is quite optimistic. I am assuming that you mean the top marketcap shitcoins, because if we dig up some data from 2022 solidus labs report (https://medium.com/@observer1/over-117k-scam-tokens-in-2022-new-solidus-labs-report-1683e3d71faa) and look all the issued tokens, it shows that there were over 117K scam tokens issued just in year 2022 Imagine how many more there has been after actual altcoinseason has started. And compare that to coinmarketcap that has listed like under 10k different tokens / coins.

Many of these tokens end up being slow rug pulls, meaning that they slowly just die away.

Cases like this often occur with altcoins, we must really look at the project directly whether it really has the feasibility to be held longer, because there are very few shitcoins that can go up again after getting their performance, not going back to ATH.

The crypto market often adapts to new technologies and interopability better in terms of using the network as a service for users, so we must really pay attention to the project directly to consider whether you will stay or not invest in an altcoin project.

Because of that also do not make financial mistakes in altcoin investment, your portfolio should be dominated by Bitcoin and the rest of the selected altcoins.

The matter is that most coins should not be held for the long term or even bought when they are going down, as many people on their greed see a meme coin going down and they think this is the opportunity they have been looking for to buy the coin for cheap, but it is a trap, since meme coins have the tendency to gather a lot of support early on and then drop like a rock, so anyone buying a meme coin at that instance is wasting their money, as it is unlikely the coin will ever recover.

History really does repeats itself but that is a good thing if we are talking about those investors who left a dying project because that means that they fully learned their lessons. It's also a good thing if many shitcoins don't recover anymore.

The only thing is that there will be another replacement for them. Well at least they don't stack and make this market so polluted and if their numbers are already too much, I'm afraid that they will overlap the old and much better coins that we all know. Of course, it does matter a lot if the project developers gives their investors a hope but they must be very serious about it at this point because their investors are also giving them another chance.

some VC funded coin also don't really recover back, there were many of them I lost count but majority of coin that didn't have the token unlocked already and isn't at the level of top 100 usually have difficulty of recovering back due to the increase in BTC dominance lately and also because they are mostly just secondary investment choices.

that's why investing in some random altcoins is never a good idea to begin with

https://imgvb.com/images/2024/08/17/47d5e898d8820a1cf75da83e92c66727.jpg

too much risk involved.

In choosing a meme coin, you need to be careful, don't hold it for too long, especially if it is no longer worthy in its value "Overvalue', it is too hype and so on, such coins are no longer worthy to be held for too long.

However, we always remember that meme coins always get the attention of many people when the market is growing, so the latest meme coins are more worthy of buying if you are looking for memes to invest in, it remains the same as other altcoins, only in terms of price fluctuations, meme coins are more cruel.

I am sure that this very large decline could cause some altcoins to reach new ATHs but not all will recover, many people are trapped by falling prices hoping that a bullish market will soon arrive even though on the contrary prices continue to decline. It's true what you said, we have to pay closer attention to the decline in bitcoin in recent weeks. I was trapped for a long time in shitcoin, so from there I took the attitude of not rushing into buying a coin without any alternative movement in the market.

No meme coin is worth holding for the long term, it's a common misconception among meme coin investors that they are going to get a lot of profit by buying and holding meme coins when that is not how meme coins work. When you buy a meme coin, if it doesn't pump early, there is no point in holding it for long because meme coins go up only when they are hyped, and if a project doesn't get enough hype in the initial stage, it is not going to get that later on.

So, a meme coin project that doesn't seem to be all around the industry will barely earn you any profit, if you had bought it in the hope of getting a lot of profit but that didn't happen, there is no point in holding anymore because you will only have your money stuck on that trade and nothing else.

I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good.

isn't Normal for the whole market reacting how bitcoin acted as well?

bitcoin is always the trend setter and what price this may have will also the action of altcoins.

if you are betting in Shitcoins then you must know that the value may not recover at any time after the fall.

Yep, it should be the money we are willing to spend on them only, after thoroughly analyzing the risks involved. And even after that, it's not even a 95% chance of getting something out of it ;D Things may go south, always.

One of the main things that you should really be putting up into your mind when investing on crypto world is to invest on the amount on which you can afford to lose. Never ever make yourself that be delusional because on the moment that you would be finding yourself on having this kind of mindset then you would really be that become desperate and with this then you would really be that prone into further impulsive approach which could lead into further disaster and thats why you should really be careful when it comes into this aspect. Altcoins could neither be that making that recovery or not basing up into the community demand because
no matter how the market would turn out to be shit but still it would really be that something that will really be having that recovery and if there's demand and recognition then you could tell that those things will really be having that recovery.

Choices would be made will really be that basing up into your own analysis and knowledge on things. If  you do find yourself having that kind of trust and confidence on a certain
project then it would really be up to you whether you would be investing and holding on it or would really be skipping and find for another one? It would really be just that
everything will be depending on you and this is something that you should be mindful about.

I'd say it's much more than 1/3 of altcoins that won't recover.  While it wasn't a huge drop in price every downfall comes new coins that people jump on and the older altcoins never get picked back up.  Most of these coins are baseless with no project behind it so once people make their money off one pump nobody buys it anymore and goes away.  Wash rinse repeat every bull to bear amd back to bull cycle.

There has never been a time when all altcoins were on the green level. Even in the bull season some altcoins still experience a decline in their price. It is caused by several factors which may be issues with the project and the investors, government regulations on them, and lastly development or technical issues.

You know most time people feel that the best time to buy a coin is when the price is down and expect the price to go up so that they can make a profit. But in another way even when a coin is going up or has significance price movement it doesn't mean that it won't continue to go up with time. It could possibly go down or go up and if we understand and believe in the coin then its best to leave it for months or years to have a more better profit from it.

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative

some meme coins are good but 99% of them are plain scam, it's understandable that you want to avoid it altogether, finding good meme coin is like finding needle in a haystack, almost impossible but still possible.
the one that are hidden gems usually are the meme coin with 100% circulation and owned by no one (deployer already dipped to make few dollars profit LOL ;D).

regardless I think investing in meme coin that still trending significantly better than investing into a coin where VC allocation is huge, basically we're waiting for the VC to dump their coin in our face.

but guess what, sticking with solana in the bitcoin turbulence could give good profit as long as you buy only at dips.

yes meme coin is only increases once maximum price when its trending in market and i see mostly it’s hit peak in early stage of exchanges listing like i see shiba is reached highest after listing on binance exchange. if who's people hold it for the long term they lost big, so meme coin can give you satisfying profits in short term but rare to profits in those coin.

Innovation leads the funds back to those who try to follow or imitate it ;D With it, comes the potential for any project, really.

The altcoin market is a transient market and once the altcoin market is dumped it is not easy to recover this transient market. In particular, several MemeCoin investments in my portfolio have been dumped from the market once and there is no possibility of a price correction. Moreover, all the altcoins that have dumped the market along with Bitcoin have never recovered in price, dumping multiple times at different times.  I have bought several altcoins and faced huge losses.

This is the main difference between most altcoins and bitcoin, when the price of bitcoin dumps I am not worried at all, as I know that sooner or later bitcoin will recover, however when it comes to most altcoins this is not the case and once and altcoin dumps I know a recovery is pretty much impossible, but many newbies investors do not know those simple facts and when they see an altcoin dumping they believe this is the opportunity they have been looking for, not realizing the huge mistake they are committing at the time.

It can work, but it's not as stable as BTC, of course, due to alts volatility. You are right ;D
That's why it's important to go in with the funds you are ready to spend or freeze for the time.

No doubt history does repeat itself sometimes but we shouldn't put our hope in expecting or targeting a time an event will repeat. Without any argument, many altcoins won't recover since most of them are fake projects in the market to pump and dump the coin entirely after giving investors so much hope and anxiety.

What were you expecting investors to do when they have lots of money already invested into such projects? Sometimes I pity those investors because they will do anything to see it flourish even up to the extent of reinvesting into the projects not knowing they are scam projects.

Numerous altcoins will generally reflect Bitcoin's cost developments, however less popular or temperamental ones, frequently alluded to as shitcoins, may very well vanish and may not return regardless of whether Bitcoin. Numerous altcoins will generally reflect Bitcoin's cost developments, however less popular or unsteady ones, frequently alluded to as shitcoins, may very well vanish and may not return regardless of whether Bitcoin.

Their volatility and reliability on hype around them kills them, in short ;D

I am sorry for your loss. You are right that altcoin is a temporary market and once it falls, it does not go up easily.

And it's also true that there are many altcoins in the market that once went down and never rose again. When I joined the market, I also had some coins that I had invested in, but they never went up. I suffered a little loss at the beginning because I was new to it and didn't have a good understanding of the market and coins.

While staying in the same market, I covered my losses and found some good alternative coins that always benefited me. I have a lot of altcoins in my portfolio that have always been profitable for me, so I don't consider altcoins to be bad.

As far as I have learned and understood whenever we lose it is only because we don't have enough knowledge, we invest our money in haste without seeing what their history is. We have to face loss if we don't understand the market and if you take the details of the coins and analyse the market well and invest in good alternative coins then you will benefit.

Your not wrong when you said the best time to invest in meme coins is when they are on hype. Hype and influence from social media marketers are what make meme coin successful. Without that, it is nothing but a shitcoin. Once the hype surrounding a meme coin starts to depreciate te project tends to come to an end. As an investor, if we catch up a meme coin at that early stage it is likely possible that we will make good profit within the short period. Another thing is that we do not have to wait for the hype to start fading away before we think of taking our profits, once we have the gains it is best to sell off in other to avoid missing out on the opportunity. The reason is that you don't know when such projects will decide to dump their coins, there could be hype within 2 days causing an increase in the price of the meme coin and the next day the price of the coin will be down dramatically.

But you should really be careful with meme coins because when the hype dies down then it would really be that over for your investment and you would really be ending up with those shit tokens that you do have in bag.
Devs usually rug out their projects on the time that the hype is gone or community support and move out on making another new project and rinse and repeat kind of process on which they do know that they could make money with it. Speaking about survival of projects then it would really be that entirely be depending on the project itself and just like been mentioned by other users in other pages that it would really be having that different approach when it comes to various areas on which there would really be those people who would really be that having a fan of dealing with meme coins and there are ones who do really like to deal up with
those established or solid coins.

Recovery would really be always talking about community demand or support on which if the projects had been abandoned by the community or simply into its investors then there's no way that it would really be able to recover. This is why it would really be that important that you should really be that at least be considerate on the actions that you are taking and not really just that rushing up on dealing with something
that you dont have any idea specially with meme coin trading. Risks is really that too high and could cause up too much loses if you dont know on what you are doing.

yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

Yeah, innovation leads the way, it was always this way.
New changes the old.
AI is a trend, the one that is now sometimes used just for the overall picture rather than the utility.

because following the times makes an update because the world will continue to be like that, only the difference is how long it will last. since 2017 alone there have been thousands of projects and project founders always manage crypto needs to always perfect. I think this AI trend will be long-term because the global elite will try hard to achieve the targets of the modern world

The AI trend will be there, though its implications and real innovation in some projects is questionable.
Globals and some big fellas can use the hype train for the funds given for it, but it won't go further than that. We will see about that.