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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: I_Anime on May 23, 2023, 03:31:41 PM



Title: Do not be pulled by the hype of meme coins
Post by: I_Anime on May 23, 2023, 03:31:41 PM
Shiba inu improved in the popularity of meme coin and pepe has rekindled that fire after its initial success, this has spranged up the adoption and development of meme coin where various websites how stating things like " the next big meme coin " or " a random coin is outpacing pepe and doge coin". One of the biggest issue that influence peoples decisions is that they follow what they had without any further research.

Lovehateinu is an example of a meme coin some website praised but has been underperforming after its listing. People should be aware that meme coin ride in hypes and the size of it's community since most lack a need they satisfy. The poor community of lovehateinu was like a flag that should have shown that the coin isn't going x40.


Pepe success came as a result of its large community and the speculation that it would be listed in binance, now its listed and investor have jumped to another and those doing HODL like they holding Bitcoin are up for a bumping Ride.

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.


Title: Re: Do not be pulled by the hype of meme coins
Post by: drwhobox on May 23, 2023, 05:49:36 PM
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.


Title: Re: Do not be pulled by the hype of meme coins
Post by: BIT-BENDER on May 23, 2023, 06:12:27 PM
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.
The major source memecoin feeds from is hype, this is what keeps them afloat, right from the Time doge coin blew up all thank to the influence of Elon musk, and the hype that was generated through it. Although doge coin is one memecoin that has still tried to remain solid even though it can reach the height it had reached previously.

Coins like Pepe now seeing some degree of success this is the benefits of FOMO (fear of missing out) created by their community and has captured many pushing them into the project, the negative side of this is that some people would be affected negatively by this in the long run, any project that has not long term assurance should not be a fancy to anyone.


Title: Re: Do not be pulled by the hype of meme coins
Post by: SmartGold01 on May 23, 2023, 07:00:31 PM
This topic will be more appreciated at the altcoin section than here.
Then talking about those who venture into altcoin within just a hype of the project or even the community making too much promises without them understanding the real language of crypto. To me is a game of the wisest, meaning being smart enough could give you lots of opportunities than being just there thinking to make all profits by holding altcoin. I know those who hold for long always engaged their selves with holding bitcoin instead of altcoin. Moreover whatever called memecoin is a pump and dump which I won't encourage anyone to venture into it for long time investment.


Title: Re: Do not be pulled by the hype of meme coins
Post by: blockman on May 23, 2023, 07:15:50 PM
That's right for these meme coins, it can be profitable for those actual early comers but not those that have been too late for the hype. That's why there are winners and losers on this one because the winners have to eat up the money of those losers and the late ones.
We can't change the minds of those that have been brought up by the hype of these meme coins because they think that it's the only one that can make them rich. But if the time comes and they're the ones who are losing their money, soon, they might realize that everyone who's talking like this are correct.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Bolivar_Tony on May 23, 2023, 07:25:49 PM
You are make a great point OP, I keep saying if you are not among the early adopters of the coins, It's better to stay clear, As an early adopter, investing 100 dollars will give you so much tokens and when the hype comes, the 100 dollars worth of the token, can give you tens of thousand of dollars. Once the hype comes, it's always risky to invest because more people will dumped and move on


Title: Re: Do not be pulled by the hype of meme coins
Post by: Dr.Bitcoin_Strange on May 23, 2023, 07:44:28 PM
Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

Talking about that, well, in 2019 through 2021, I really made a mess with some of those meme coins and their like, but it seems they are always playing tricks on someone because you can never predict the right token that can pump, and if any investor is buying them, it's never based on certainty. That's why they said altcoins are a means of gambling. I totally made that decision in 2021 through 2022 that altcoins are just a means of gambling. If you are buying any altcoins, always have it at the back of your mind that you are in for two things: either you will make profit if they luckily pump the token or you will face losses of your asset if the token dumps -99%, and it's very unlikely for any token that has fallen by -99% to easily recover, not as if it doesn't, but if they really do exist, it's only a very few tokens. Bitcoin had some very bad downtime in 2011, 2013 A (2013 B), 2017, 2020, and 2021, respectively, but it is still standing and waxing strong.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Bitstar_coin on May 23, 2023, 08:23:03 PM
Meme coins are not your regular buy and hold kind of project. They are good for Short-term. One thing I came to understand in memecoins is that you need to act fast especially when the project start to pump really hard.
Memecoins are Short-term basis and require very little capital to dive in and possibly gain more than the  initial investment. It is very risky and can be worth it, as long as you don't put a good amount you are good.


Title: Re: Do not be pulled by the hype of meme coins
Post by: coin-investor on May 23, 2023, 08:44:00 PM

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


There's always one in the trend coins that will make it big, there's Axie Infinity in the PVE trend, Doge and Inu, and now Pepe in the meme coins, but with so many new trend coins coming it's hard to know who will make it, who'll get a pump early investors Shiba Inu and Pepe coins are so lucky, but there are also who invested in meme coins that became bag holders we really don't know what meme coins will make us a lot of profit, you can either lose a lot of money or make a lot of profit, and I don't think it's a long term investment as people interest come and go.
I'll still go with utility and use case when investing in coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Slow death on May 23, 2023, 08:50:25 PM
when I entered this cryptocurrency market, everyone was more focused on bitcoin, and then ETH came and started to give a lot of importance to altcoins and people no longer wanted profits like 2x, they wanted profits above 10x, which in a way was already beyond the norm of an investor and you started to get into the pattern of a gambler and if you ask me: are people wrong when they seek profits of more than 10x? Today I can tell you that they are not, but I must add something very important: investing in meme currency or any altcoin that aims to make a 10x profit? the money that the person puts in must be money that the person can afford to lose, being more specific if the person puts 100$ in a meme coin?

so that person must think that the 100$ is lost, it is very different from putting 100$ in bitcoin that despite the person knowing that he can lose up to 50% in extreme cases, the person knows that he will not lose all the money and will only lose 50 % if you decide to sell, then that's investing, now in the case of meme coins the person can lose everything, this is no different from putting money in games of chance, that's why in my opinion people should only put money that they know that they can afford to lose and they won't miss it, so it wouldn't be very smart to put a lot of money in a single meme coin, it would be ideal to put a little money in many meme coins and then wait to count on luck


Title: Re: Do not be pulled by the hype of meme coins
Post by: barlo357 on May 23, 2023, 09:10:11 PM
Shiba inu improved in the popularity of meme coin and pepe has rekindled that fire after its initial success, this has spranged up the adoption and development of meme coin where various websites how stating things like " the next big meme coin " or " a random coin is outpacing pepe and doge coin". One of the biggest issue that influence peoples decisions is that they follow what they had without any further research.

Lovehateinu is an example of a meme coin some website praised but has been underperforming after its listing. People should be aware that meme coin ride in hypes and the size of it's community since most lack a need they satisfy. The poor community of lovehateinu was like a flag that should have shown that the coin isn't going x40.


Pepe success came as a result of its large community and the speculation that it would be listed in binance, now its listed and investor have jumped to another and those doing HODL like they holding Bitcoin are up for a bumping Ride.

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

If your meme coin pumps, it is also a challenge of greed and contentment. Sometimes you need to plan your target gains if you enter a meme coin or else all your unrealized gains can go to zero or worse, loss.

Pepe, shiba, and (should I include it?) safemoon, have big community that is why they have more than a thousand percent gains. If you compare it to lovehateinu, the community is just full of jeets that will just left the community after selling.


Title: Re: Do not be pulled by the hype of meme coins
Post by: kaseygriffin on May 23, 2023, 09:34:47 PM
I agree with OP, when hype happens only early entrants have a good income compared to hype buyers. They don't do research but just follow the hype which can lead to a quick loss before it's too late. Although the coin meme is a cake for the greedy who come first, it is not always a good piece of cake. The stakes are very high for meme coin projects and it's really unlikely that they will succeed. So the choice and investment experience of each person will be different, but at least you should learn before investing in them.


Title: Re: Do not be pulled by the hype of meme coins
Post by: judeafante on May 23, 2023, 09:48:48 PM
There's a big temptation to invest in these memes because of the recent success of Pepe I thought after Shiba the hype will stop but the meme coins keeps coming developers of these memes are creating hype and trend for their meme coins, in the hope of getting the support of the community, but it's too risky because a lot of meme coins are rug pulls and you have to be a very good investor to see what meme coin has a potential to be pump, pump and dump is not healthy for investors.


Title: Re: Do not be pulled by the hype of meme coins
Post by: goaldigger on May 23, 2023, 09:59:04 PM
Hype will always be part of every project and with meme token, its normal.
If you got early the better but don’t expect to have more if you are already late to trade. Meme tokens proves to work with the hype and they only become active once the market is getting better, they usually leave when there’s no hype anymore so investing with them for long term will be very risk.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Onset on May 23, 2023, 10:43:29 PM
It’s pretty much gambling. You either pick the gem or you pick one of the hundreds of scams and shitcoins. It’s kinda funny and sad simultaneously for me how these guys think they can make a lot of money with no research, no precautive measures, just throwing money in the middle of the game out of hype. Investments require responsibility just like gambling does!

Some people have very good imagination and expect things that are impossible to achieve. They go after a $0.001 coin with trillions of coins in supply hoping it reaches $1. How in the world are you even expecting that my man, Bitcoin bately gets to move now and it’s got a beast of a market cap.. why would a memecoin ever do something better than that?


Title: Re: Do not be pulled by the hype of meme coins
Post by: bittick on May 23, 2023, 10:47:42 PM
it's okay investing in meme coin if we know that it's highly speculative, it's only becoming a problem when the one following invests pure by fomo, because most of the time they just gonna lose and regrets.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Fatunad on May 23, 2023, 10:57:55 PM
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.
The major source memecoin feeds from is hype, this is what keeps them afloat, right from the Time doge coin blew up all thank to the influence of Elon musk, and the hype that was generated through it. Although doge coin is one memecoin that has still tried to remain solid even though it can reach the height it had reached previously.

Coins like Pepe now seeing some degree of success this is the benefits of FOMO (fear of missing out) created by their community and has captured many pushing them into the project, the negative side of this is that some people would be affected negatively by this in the long run, any project that has not long term assurance should not be a fancy to anyone.
Yup, imagine that a certain meme coin like PEPE did able to hit up a billion cap without having that actual utility or real use case which is something that would boggle up your mind on hows it possible for a certain coin to reach up that point. For someone who do make out that kind of investment then of course you could really make yourself goes into that sayings from rug to riches but it would really be entirely depending if you do hit up the right spot considering that we do have thousands of degens and memecoins in the market which its been created mainly on BSC or ETH or any blockchain platforms on which it is really something
that you could easily make out decisions on which one to choose.

This is why if you could be able to bare up with the risks involved then it would be your choice whether you would risk and invest to it despite on having no real use case or something like that or
you would really be just simply sticking into those coins who are already on top of the rankings and making yourself at least secure.


Title: Re: Do not be pulled by the hype of meme coins
Post by: FrozenBit on May 23, 2023, 11:09:22 PM
Our experience with this market will be different and I would strongly advise newcomers to this market to stay away from projects like this, even for those who have been in business for a long time. If you can't control your greed and the happenings around you, it's easy to get caught up in projects like memes. There will be techniques such as accompanying overstatement of concepts to create fom and most of them have bad intentions, and in an increasingly chaotic environment, equipping basic skills as well as having The experience to recognize poor quality projects will become more and more necessary for each person.


Title: Re: Do not be pulled by the hype of meme coins
Post by: someone703 on May 23, 2023, 11:23:02 PM
As a close friend, when entering this market, you must learn to avoid hype and speculation. While it is true that coin memes are for many people an attractive and quick way to get rich, controlling them is really difficult for newbies, even experienced ones. You have to understand what they really are and set just enough profit expectations for yourself. In general, don't follow the hype and don't over-invest in the coin meme.


Title: Re: Do not be pulled by the hype of meme coins
Post by: marcous on May 23, 2023, 11:29:23 PM
As a close friend, when entering this market, you must learn to avoid hype and speculation. While it is true that coin memes are for many people an attractive and quick way to get rich, controlling them is really difficult for newbies, even experienced ones. You have to understand what they really are and set just enough profit expectations for yourself. In general, don't follow the hype and don't over-invest in the coin meme.
Exactly, hype will not always be positive in investment and even following hype can cause you to get trapped in investment scam coins, meme coins are not as popular as the previous meme coins even though 2 new meme coins have been listed on binance, but still meme coins are high risk In investing, don't speculate too much on meme coins and focus on investing on top coins because the price is still low in the current market.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Iyeman on May 23, 2023, 11:31:04 PM
Pretty much the same like milady meme coin. It has been pumping so high due to the elon's tweet but it was going down so hard. it takes only a few days to make it goes to the bottom again and i guess if there are so many people who lose their life saving caused by they were investing in the meme coin. meme coin is only for the speculating purpose and it's not for the investment purpose. People don't understand it.


Title: Re: Do not be pulled by the hype of meme coins
Post by: shinratensei_ on May 23, 2023, 11:31:12 PM
so that person must think that the 100$ is lost, it is very different from putting 100$ in bitcoin that despite the person knowing that he can lose up to 50% in extreme cases, the person knows that he will not lose all the money and will only lose 50 % if you decide to sell, then that's investing, now in the case of meme coins the person can lose everything, this is no different from putting money in games of chance, that's why in my opinion people should only put money that they know that they can afford to lose and they won't miss it, so it wouldn't be very smart to put a lot of money in a single meme coin, it would be ideal to put a little money in many meme coins and then wait to count on luck
some meme coin differs though, like doge and shiba which i assume will hardly just gonna gone and turns into nothing.

but it's true that majority of the meme coin out there are just gonna outright cause and incur lose to many, after all they're just full of trickery, even in many cases they'd not even hesitant to make some change to the smart contract.

having malicious authority in their smart contract as a dev is nothing out of ordinary either, many of them actually silently allow the minting and blacklisting which could be disastrous in the long run.

one should always look carefully in every investment the made in regard of meme coin since there just so many way to trick people.


Title: Re: Do not be pulled by the hype of meme coins
Post by: aksplace on May 23, 2023, 11:40:21 PM
Pretty much the same like milady meme coin. It has been pumping so high due to the elon's tweet but it was going down so hard. it takes only a few days to make it goes to the bottom again and i guess if there are so many people who lose their life saving caused by they were investing in the meme coin. meme coin is only for the speculating purpose and it's not for the investment purpose. People don't understand it.
People should understand that elon posts have nothing to do with meme coins other than doge, many new meme projects quote from elon posts on twitter to influence investors, they also use symbols or photos from elon posts to link relations with meme coin projects, actually this is an old trick but many investors are deceived in that way and don't expect you to get high profits from meme coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: poodle63 on May 24, 2023, 02:33:34 AM
It seems like people will never try to stay away from elon's post. In my opinion that if it must be stopped. Elon was ruining people's live. He was making some tweet about meme tokens but people are caring so much about that.

People must try to stay away from there. Meme coin is not worth to be bought.


Title: Re: Do not be pulled by the hype of meme coins
Post by: merekamo on May 24, 2023, 04:09:57 AM
Investing in meme coins can be a double-edged sword, as it has the ability to make you rich but can also potentially wipe out your profits. Now PEPE coins or PEPE Saudi appear again, or even more if we check one by one on Coinmarketcap. Sorry, I'm not interested in MEME coins, it is important to approach investing in meme coins with caution and not rely solely on hype or trends.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Victorik on May 24, 2023, 04:40:38 AM
That's the problem mostly with meme coin, they rely largely on the community around it to push, that's because they don't really have any utility, other than just buy, hodl and wait for a pump.
That's why for me, no matter how tempting it is I don't put too much in a meme project.


Title: Re: Do not be pulled by the hype of meme coins
Post by: adaseb on May 24, 2023, 04:44:48 AM
During the hype about a week ago when gas fees were like >200 Gwei there were tons and tons of these new meme coins being released every hour pretty much. Anyway you wanted to call it like PEPE2 or PEPERONI or MILADY2, etc and most were massive rugs.

Now it seems to have died off. Many are still released but most don’t get pumped at all. I think many got burnt and wasted tons on fees on these tokens which were complete rugs that people moved on to something else.


Title: Re: Do not be pulled by the hype of meme coins
Post by: isaac_clarke22 on May 24, 2023, 07:04:23 AM
Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.
Dude, this inu and pepe hype is quite getting crazy, lol.

As much as I hate meme coins, I don't think that this kind of breed of "Shiba Inu" coin ain't gonna go anywhere. I heard plenty breeds of Inu already around crypto including Starlink and I am pretty sure those aren't hyped unlike before anymore, lol. Now we got another breed, I am not sure how long would this "inu" hype would go and how much more money would devs be willing to milk into this project.

Pepe almost went down by 7% around 24 hours and surely that's already an indicator for me to not to although I already mentioned that I would never invest in meme coins.

Better talk to your friend regarding his buy. It has been 3% downs since 24 hours.

During the hype about a week ago when gas fees were like >200 Gwei there were tons and tons of these new meme coins being released every hour pretty much. Anyway you wanted to call it like PEPE2 or PEPERONI or MILADY2, etc and most were massive rugs.

Now it seems to have died off. Many are still released but most don’t get pumped at all. I think many got burnt and wasted tons on fees on these tokens which were complete rugs that people moved on to something else.
I am not going to be surprised if those three coins happened to be real.


Title: Re: Do not be pulled by the hype of meme coins
Post by: raidarksword on May 24, 2023, 09:03:29 AM
We all know that memecoins are just hyped and it will not last long enough in the crypto market that's why holding it for long-term is not good idea at all because it's only a quick project scheme projects. Of course riding the hype and buying at the top is also not a good move as well. So, always get away from hype memecoins no matter what.


Title: Re: Do not be pulled by the hype of meme coins
Post by: kizlod on May 24, 2023, 09:15:37 AM
Memecoins is just a gamble, nothing more. The only reason why PEPE became so big and so fast is because someone invested tons of money in promotion, it was all over Twitter at some point.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Blitzboy on May 24, 2023, 09:23:55 AM
I gotta say, your rundown of the meme coin circus is bang on the money, especially when it comes to investments juiced up by hype. They're like shooting stars - they blaze a trail, light up the night, then they're gone in a flash.

Sure, coins like Shiba Inu or Dogecoin make a strong case for the sway of community and market sentiment. But let's not forget, these aren't foolproof signs that a project's going to stick around or score big in the future. The LoveHateInu fiasco is a prime example of that.

The big challenge for investors is to sort out the real deal from the duds. When it comes to a meme coin, I'm with you on looking for a happening community, a solid reason for existing (if there is one), and a kick-ass development team. That said, I wouldn't advise treating these coins like your Bitcoin stash, given how they can swing wildly in value.

As for meme coins popping up in the Bitcoin block engravings, it's a technical marvel, no doubt about it. But I'd sound a note of caution for any eager investors. Today's "in" coin could be tomorrow's digital dodo in the blink of an eye.


Title: Re: Do not be pulled by the hype of meme coins
Post by: gurunanakji777 on May 24, 2023, 01:58:48 PM
I would say that Shiba has altered the landscape of meme-category cryptocurrency trading, causing traders and investors to become more daring by investing in meme coins. However, the truth is that making money through meme coins is not as simple as it seems. We are all aware that almost every day a new meme coin is launched, and some coins experience a surge in value while others quickly plummet. Consequently, the risk associated with meme coins is exceptionally high. Therefore, we should not be tempted by the excitement surrounding meme coins. I believe that only those who get in early may reap some rewards, but this does not apply to all meme coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: masulum on May 24, 2023, 04:07:00 PM
-snip-
Therefore, we should not be tempted by the excitement surrounding meme coins. I believe that only those who get in early may reap some rewards, but this does not apply to all meme coins.
yup. Presale meme coins/tokens at pinksale are always the top trend every day. Those who take part in the presale or at the fair launch will get big profits, if the community succeeds in generating shillings for new buyers after adding liquidity to AMM. when the hype happens, those from pinksale will sell at least to tke the initial money, thus leaving a profit whether it goes up or down in their wallet. The rule always be same, If it goes up, they created FOMO with shillings on various social media, ifin  a few hours drop, they've managed to secure their initial deposit.

well, even during presale this meme sold out, as i say, its doesn't mean will be success. Take a profit while you can is better.


Title: Re: Do not be pulled by the hype of meme coins
Post by: bluebit25 on May 24, 2023, 04:13:38 PM
Story from myself with profit from shiba where I put $500 and made almost $40000 in a few months, but also lost that $40000 on various meme projects, like a money spin game and I finally found that when I looked at it like a game, I didn't care too much about what came next.
But unfortunately when I see so many people putting their faith with great personal wealth to pursue these types of games, I have never seen this as an investment but more like a gambling game, better than those who are new to this market don't let the growth numbers fool you with the greed that will make you rich quick.


Title: Re: Do not be pulled by the hype of meme coins
Post by: wajik-tempe on May 24, 2023, 04:39:10 PM
You correctly point out that many individuals may buy in meme coins without doing extensive investigation, instead merely following the buzz or advice they find on numerous websites. This can be problematic since meme currencies are frequently based on excitement and conjecture rather than a firm basis or purpose. The size and participation of a coin's community can be indicators of its future success, but other aspects must also be considered. Lovehateinu is an example of a meme currency that underperformed following its listing. The absence of community support and consideration of the coin's purpose and utility, if any, may have anticipated the dismal performance.


Title: Re: Do not be pulled by the hype of meme coins
Post by: MiF on May 25, 2023, 01:39:21 AM
We can invest in meme coin but an amount of money that we can afford to loss there are meme coins that also good but most of them are not as good as the coin that already been trusted, meme coin is double risk so we need to be careful on investing into it many people earn on some meme coin but there are so many losers also so be careful.


Title: Re: Do not be pulled by the hype of meme coins
Post by: FahriZah on May 25, 2023, 02:29:58 AM
Meme coin is very risky coin and if someone's shout than the are earning huge profit from meme coin so keep in your mind about meme coin high risk and high profit meme coin only for risk taker.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Wexnident on May 25, 2023, 04:16:39 AM
This has spranged up the adoption and development of meme coin where various websites how stating things like " the next big meme coin " or " a random coin is outpacing pepe and doge coin". One of the biggest issue that influence peoples decisions is that they follow what they had without any further research.
Standard marketing strategy. It isn't just these meme coins that use this, most marketing agencies pretty much follow the same format and while some do hold true, the majority of them are just words use to create buzz. Comparison is the biggest and easiest method to create an image of a new product.

About memecoins, that's just how they go. It's a risky investment that would probably flub in most instanced, wouldn't even call it an investment really. It's closer to a gamble, especially since you're betting not on the coin, but on how well it can be marketed (including artificial manipulation)


Title: Re: Do not be pulled by the hype of meme coins
Post by: Jackl87 on May 25, 2023, 11:58:43 AM
Shiba inu improved in the popularity of meme coin and pepe has rekindled that fire after its initial success, this has spranged up the adoption and development of meme coin where various websites how stating things like " the next big meme coin " or " a random coin is outpacing pepe and doge coin". One of the biggest issue that influence peoples decisions is that they follow what they had without any further research.

I really dislike the whole meme-coin craze that is going on in the crypto space. I mean a few tweets of Elon Musk that were not even meant seriously were enough to start this meme-coin hype. I mean everyone has to admit that Shiba Inu made a lot of early investors very rich, but this only happens once every few years and between that there are 10000's other stupid meme-coins launching that are all scams, rugpulls or just dead again within a few days.
Just when i thought that the meme-coin hype was slowing down again PEPE came out of nowhere and now of course we have 1000's of new meme-coins launched every day that are named after Pepe. It is just crazy and absolutely stupid too. All those "projects" are just simple cash grabs and have no substance at all.


Title: Re: Do not be pulled by the hype of meme coins
Post by: SyndicateLabs on May 25, 2023, 12:25:46 PM
This is understandable given that people are so easily lured by greed, flashy numbers and fanciful exaggerations that many newcomers to this market are really on. which I call negative in the market. Things that bring usability and solve problems in the market are still looking for opportunities, and many just want to profit from things they create to cheat users. Honestly, those who are new to this market may have to pay for those lessons, but I also hope they are strong enough to feel the lessons coming from this market.


Title: Re: Do not be pulled by the hype of meme coins
Post by: maydna on May 25, 2023, 01:26:12 PM
It's normal that people are lured by greed because they have seen many people can earn a lot of money from crypto, especially from meme tokens, so they also want to try it. But unfortunately, this is not accompanied by a desire to find out more and only follow what influencers suggest so that they will find it difficult to make big profits. If they want more information, they can find hidden gems that can give them an advantage, and they also don't need to rely on other people's advice. For those who don't have enough experience and knowledge about the crypto market, it's okay because they can learn so they can understand it like other people.


Title: Re: Do not be pulled by the hype of meme coins
Post by: AakZaki on May 25, 2023, 04:25:48 PM
it's okay investing in meme coin if we know that it's highly speculative, it's only becoming a problem when the one following invests pure by fomo, because most of the time they just gonna lose and regrets.
Investing because FOMO gives a lot of losses, they will enter at a fairly high price and then the price drops and continues to fall. those who enter at the end will get this loss. I even had an experience like this, lost a lot because of FOMO. this is also a psychological problem, when you see memecoin hype and it continues to rise, it makes you want to buy it, even though the price is already very high. You need to be vigilant and do another scan and make sure the memecoins are still worth buying, don't force yourself to always buy.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Jocuserious on May 25, 2023, 05:32:00 PM
it's okay investing in meme coin if we know that it's highly speculative, it's only becoming a problem when the one following invests pure by fomo, because most of the time they just gonna lose and regrets.
Yes investing also a risky and to much for all newbies so don't try it without enough skills. Personally i am very unlucky for investment in new coin because there are many time i have been face scam project. Before year i was participate some project but i wasn’t taken any profits from there.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Cling18 on May 25, 2023, 05:34:28 PM
it's okay investing in meme coin if we know that it's highly speculative, it's only becoming a problem when the one following invests pure by fomo, because most of the time they just gonna lose and regrets.
Investing because FOMO gives a lot of losses, they will enter at a fairly high price and then the price drops and continues to fall. those who enter at the end will get this loss. I even had an experience like this, lost a lot because of FOMO. this is also a psychological problem, when you see memecoin hype and it continues to rise, it makes you want to buy it, even though the price is already very high. You need to be vigilant and do another scan and make sure the meme coins are still worth buying, don't force yourself to always buy.

Numerous investors have made it frequently. Despite the risks of buying late, many think they could potentially benefit from the success stories of early investors if they see or hear about them.
Many indeed have benefited from the hype of meme coins and took risks buying them despite their low potential but we should keep in mind that many have huge losses because of buying them as well, especially those who have fallen for FOMO. Of course, we all want to make a profit but we should always check on the risks and see if we could still generate profit once we take advantage of the hype.


Title: Re: Do not be pulled by the hype of meme coins
Post by: fvb on May 25, 2023, 06:26:20 PM
To be honest, I don’t pay attention to projects of this kind at all and try to pass by. Not keen on the hype around the emergence of new memes, since they only live as long as the hype around them is created and the community of such platforms is interested in the hype.


Title: Re: Do not be pulled by the hype of meme coins
Post by: ElmedoRator on May 25, 2023, 08:38:40 PM
They take advantage of greed to attract people to meme projects, especially when they see other people making substantial profits. But ironically, many people without the experience and knowledge of this market just follow others or share groups; the consequences are huge. So, do your own research and learn more from experienced people so that you can create your own opportunities when you find the gems. Although the market for this industry is very wide, the projects are numerous, but having your own advantage is really worth exploring to find these precious hidden gems.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Jating on May 25, 2023, 08:45:07 PM

Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

I guess we have issues a lot of warning before, not just for this cycle, but on the previous one about meme coins because if you look at it, there are not really any use case for this project expect hype and greed and money for the creator and the people behind it.

But crypto investors don't want to listen, like your friend did, because they thought it's a get rich scheme but it's not. The only people that will get wealthy here are those groups, and then the pump and dump schemes of individuals. So again, let this be a warning to others, there could be another meme coins, like Doge, Shiba and even Pepe that will suckered everyone to invest.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Kelvinid on May 25, 2023, 08:57:17 PM
It's normal that people are lured by greed because they have seen many people can earn a lot of money from crypto, especially from meme tokens, so they also want to try it. But unfortunately, this is not accompanied by a desire to find out more and only follow what influencers suggest so that they will find it difficult to make big profits. If they want more information, they can find hidden gems that can give them an advantage, and they also don't need to rely on other people's advice. For those who don't have enough experience and knowledge about the crypto market, it's okay because they can learn so they can understand it like other people.
That is the reality and people will take every single opportunity when it comes like this. But the question is why not? Besides, it was their decision, and can't deny that many people got it right and sell their meme coins in the right and earn huge amounts. Yes, but for beginners, this strategy seems not ideal for them, it needs to be smart in this kind of investment (hyped). The hyped project will keep on soaring high, gaining more attentions as it was spread more on social media and becomes popular today - meme coins do it.


Title: Re: Do not be pulled by the hype of meme coins
Post by: lixer on May 25, 2023, 09:01:35 PM
What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.
No matter how many times it is repeated, no matter how many people give the same advice to everyone, people will still keep investing in meme coins once they hear about them and that is because of greed. Who doesn't like to get rich overnight? But people don't understand that it doesn't happen to everyone but only to a few lucky people, and it is a gamble and not worth the investments made.

Generally, someone should learn from the mistakes of others if they can clearly see them, but meme coin investors don't follow that, they only learn when it happens to them and some even don't learn even after facing losses, they would still buy a new meme coin that comes up.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Furious 7 on May 25, 2023, 09:11:01 PM
Actually there are some conditions where we really have to be realistic in this matter.
The memes and hype of making fortunes can be true but only a handful of people get that because most of the others mainly just follow FOMO and don't know what's actually being done is right or not because it's just a matter of believing in the hype it's clear they are people who will be trapped and become victims in this case.
I wouldn't say those who are in this kind of area with the hype and hit and run are the wrong people but in this case know your limits and don't just follow something you are not good at.
Don't just because your ambition to get rich instantly makes you forget your identity that you don't have the qualifications there. things like this are only done for those who already understand the situation, not for those who just follow along.


Title: Re: Do not be pulled by the hype of meme coins
Post by: TimeTeller on May 25, 2023, 09:14:29 PM
It's normal that people are lured by greed because they have seen many people can earn a lot of money from crypto, especially from meme tokens, so they also want to try it. But unfortunately, this is not accompanied by a desire to find out more and only follow what influencers suggest so that they will find it difficult to make big profits. If they want more information, they can find hidden gems that can give them an advantage, and they also don't need to rely on other people's advice. For those who don't have enough experience and knowledge about the crypto market, it's okay because they can learn so they can understand it like other people.
That is the reality and people will take every single opportunity when it comes like this. But the question is why not? Besides, it was their decision, and can't deny that many people got it right and sell their meme coins in the right and earn huge amounts. Yes, but for beginners, this strategy seems not ideal for them, it needs to be smart in this kind of investment (hyped). The hyped project will keep on soaring high, gaining more attentions as it was spread more on social media and becomes popular today - meme coins do it.

Lucky for those who really gained in venturing the meme world as this is not a very sustainable investment.
However, not all of them got their profits as some are not lucky enough to sell their tokens while it is pumping in the market.
This is why exploring and holding meme tokens is quite risky because the lifespan is quite unpredictable.
Only few of them can sustain their market and improve their price thru time. Most will be in the downward movement.


Title: Re: Do not be pulled by the hype of meme coins
Post by: wheelz1200 on May 25, 2023, 09:24:01 PM
The views on memecoins is rediculous.  No one can tell me a project based on some joke that has no attainable goal with people piling theor money into it isn't rediculous.  Can people make money on it yeah but they are basically all ponzis.  None of them will last so eventually someone will be left holding the bag.  Greater fool theory.  Buyer beware..


Title: Re: Do not be pulled by the hype of meme coins
Post by: JeffBrad12 on May 25, 2023, 10:46:41 PM
it's okay investing in meme coin if we know that it's highly speculative, it's only becoming a problem when the one following invests pure by fomo, because most of the time they just gonna lose and regrets.
Investing because FOMO gives a lot of losses, they will enter at a fairly high price and then the price drops and continues to fall. those who enter at the end will get this loss. I even had an experience like this, lost a lot because of FOMO. this is also a psychological problem, when you see memecoin hype and it continues to rise, it makes you want to buy it, even though the price is already very high. You need to be vigilant and do another scan and make sure the memecoins are still worth buying, don't force yourself to always buy.
usually when a meme coin is already being advertised so heavily by its fans and the price already up more than 200% then it means we are already late.
it's quite simple actually in determining which coin that has already almost reaching its peak, that's when the price is already going up so far from its initial price when it got listed in dex when first got its liquidity added.
because honestly any devs of these meme coin are just gonna bagging the coin first time and after that they just definitely gonna dump it.
i'd say, only invest if you're really sure that you're among the earliest, otherwise don't waste your money.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Yatsan on May 25, 2023, 11:03:37 PM
Meme coins are profitable investing upon its release or if possible before its release(depends on the potential of that particular meme coin). Not all the time, the msrket price would move upward the moment it is listed which would be a risk, the counterpart could also happen. If you did not manage to engage with presale, then think of engaging once the token is listed. If the market price have already 'peaked' then avoid buying with expectations of a higher market price. Most of the time the price would fall in an instant and would be hard to make a recovery. Meme coins have no utility therefore, its price sustainability would be difficult as well. Even with bullruns, the market price, due to huge decline, is not getting back to ATH unlike with major tokens of this market.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Silberman on May 26, 2023, 03:29:19 AM
it's okay investing in meme coin if we know that it's highly speculative, it's only becoming a problem when the one following invests pure by fomo, because most of the time they just gonna lose and regrets.
Investing because FOMO gives a lot of losses, they will enter at a fairly high price and then the price drops and continues to fall. those who enter at the end will get this loss. I even had an experience like this, lost a lot because of FOMO. this is also a psychological problem, when you see memecoin hype and it continues to rise, it makes you want to buy it, even though the price is already very high. You need to be vigilant and do another scan and make sure the memecoins are still worth buying, don't force yourself to always buy.
usually when a meme coin is already being advertised so heavily by its fans and the price already up more than 200% then it means we are already late.
it's quite simple actually in determining which coin that has already almost reaching its peak, that's when the price is already going up so far from its initial price when it got listed in dex when first got its liquidity added.
because honestly any devs of these meme coin are just gonna bagging the coin first time and after that they just definitely gonna dump it.
i'd say, only invest if you're really sure that you're among the earliest, otherwise don't waste your money.
Many meme coins work in a way similar to the way Ponzi schemes work, so the only chance investors have of profiting from their investment is if they find the coin early before everyone is talking about it, if by the time you want to invest in that coin it is already being talked about on the forum and social media websites then you know it is too late already and it is better to stay away from it and never buy, as very few meme coins are fortunate enough to experiment several pumps during their existence.


Title: Re: Do not be pulled by the hype of meme coins
Post by: anggoro manise on May 26, 2023, 05:23:04 AM
I totally agree, even a lot of meme tokens are currently selling and even deceiving investors with their token sales, there are lots of them are massive promote in groups or on twitter.


Title: Re: Do not be pulled by the hype of meme coins
Post by: mich on May 26, 2023, 07:49:14 AM
Well if the people at my work are going to talk about it then I must talk with them. Just not too long ago last month there was some people at my work asking me if they should invest in $Pepe and how can they buy some.
It is funny for me that they are not interest in investing in Bitcoin. But now they want to talk to me about a meme coin it has no real use for it and so much risk. Bitcoin I tell them is better to invest for long term profits but only interest in meme coins like this.
Because it is so cheap they think bigger faster profits. It is good thing they did not buy any of this meme coin they would have lost their fiat and maybe I am the one they want to blame.


Title: Re: Do not be pulled by the hype of meme coins
Post by: maydna on May 26, 2023, 10:22:46 AM
It's normal that people are lured by greed because they have seen many people can earn a lot of money from crypto, especially from meme tokens, so they also want to try it. But unfortunately, this is not accompanied by a desire to find out more and only follow what influencers suggest so that they will find it difficult to make big profits. If they want more information, they can find hidden gems that can give them an advantage, and they also don't need to rely on other people's advice. For those who don't have enough experience and knowledge about the crypto market, it's okay because they can learn so they can understand it like other people.
That is the reality and people will take every single opportunity when it comes like this. But the question is why not? Besides, it was their decision, and can't deny that many people got it right and sell their meme coins in the right and earn huge amounts. Yes, but for beginners, this strategy seems not ideal for them, it needs to be smart in this kind of investment (hyped). The hyped project will keep on soaring high, gaining more attentions as it was spread more on social media and becomes popular today - meme coins do it.
The temptation to make big profits leads them to buy those meme coins, but without doing research, they will not get those big profits. It took some time to find an upgradeable meme coin after its launch, and not many of those meme coins did. So they must be careful in choosing meme coins and only use the money they can afford to invest in them. And usually, after the meme coin soars, the price will slowly decrease, making people panic and sell it immediately to avoid bigger losses even though they are already losing money. Hopefully, their mistakes can be a valuable lesson for them so they don't repeat them in the future.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Solokan on May 26, 2023, 10:32:37 AM
investing in meme coins is very high risk, but if you are lucky, of course it will make us rich, but it can also make us poor quickly, if we invest all our wealth in meme coins.

so basically we have to be careful when investing in meme coins, but if
we know about the science of investing in meme coins, of course there is no problem as long as we are ready to take risks.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Rasa nanas on May 26, 2023, 11:06:59 AM
that is the importance of doing research before investing and not being easily influenced by the news (FOMO). not only on the website but I often find on youtube social media many youtubers or crypto influencers to suggest buying a certain coin. giving advice is everyone's right, what we need to do is not to easily believe in this kind of thing and prioritize doing your own research before investing.


Title: Re: Do not be pulled by the hype of meme coins
Post by: el kaka22 on May 26, 2023, 11:38:03 AM
Too many people do this mistake and I hope that they get a bit better about it, I know that it is not going to be so simple and I know that it will take some time but that is the reality and that is how it should be. I believe that people are getting too hyped about all of this and they get a result they are not happy about and in return they talk about how they could have done better if this happened or that happened. They could have done better if they didn't fall for a memecoin that's it.

Look at any big name launchpad out there today, even today, and you will see bunch of fake meme projects getting funded and that is why the crypto market is not moving higher. If all that money went to higher name projects then we could have started a big increase already.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Kaliandra on May 26, 2023, 12:58:28 PM
Indeed, lately there is a popular name for meme coins like pepe, and lots of people are investing in these altcoins, and lots of them are getting big profits, but it's a shame for those who are late to enter Pepe coins, because the price of pepe coins is slowly dropping.
but of course we won't know whether Pepe's coin will fly again or not.

but what is clear is that the person who bought the Pepe coin beginning, of course, made a big profit, but the last one to buy has the potential to make a big loss.

yes... the point is, if you want to invest in meme coins, you have to be careful.


Title: Re: Do not be pulled by the hype of meme coins
Post by: tvplus006 on May 26, 2023, 01:08:40 PM
Indeed, lately there is a popular name for meme coins like pepe, and lots of people are investing in these altcoins, and lots of them are getting big profits, but it's a shame for those who are late to enter Pepe coins, because the price of pepe coins is slowly dropping.
but of course we won't know whether Pepe's coin will fly again or not...

As a rule, a pump is always followed by a dump. And this is the law of the market, since those who bought at the lowest price fix their profit when the price has reached a tangible increase. But after the correction, when those who bought at high will sell their coins to those from whom they previously bought, then we can expect the next pump. And this applies not only to the Pepe coin.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Hypnosis00 on May 26, 2023, 01:17:07 PM
Indeed, lately there is a popular name for meme coins like pepe, and lots of people are investing in these altcoins, and lots of them are getting big profits, but it's a shame for those who are late to enter Pepe coins, because the price of pepe coins is slowly dropping.
but of course we won't know whether Pepe's coin will fly again or not.
Consider this as a fact from investing hyped project as it never stays high and keeps on growing as it drops after reaching ATH and gets back to zero again.
If you are an early investor, earning a huge profit seems possible but if you are a latecomer, losing seems what you get.
Quote

yes... the point is, if you want to invest in meme coins, you have to be careful.
Indeed, you must keep updated on its price direction otherwise, you will miss the opportunity to sell them high.
In this situation, it was impossible to have peace of mind but more on worries and uncertainties as it drop drastically. Meaning, it was a stressful investment compared to known ETH and BNB.


Title: Re: Do not be pulled by the hype of meme coins
Post by: ningrum on May 26, 2023, 03:24:34 PM
that is the importance of doing research before investing and not being easily influenced by the news (FOMO). not only on the website but I often find on youtube social media many youtubers or crypto influencers to suggest buying a certain coin. giving advice is everyone's right, what we need to do is not to easily believe in this kind of thing and prioritize doing your own research before investing.
That's why it's important to get used to doing research before buying,
don't just believe in other people's advice because it's not certain that it will suit you,
losses will continue to come if we are easily influenced by other people's suggestions without doing research.


Title: Re: Do not be pulled by the hype of meme coins
Post by: MIner1448 on May 26, 2023, 07:24:14 PM
I completely agree with you, because it’s like an inflatable balloon, as long as there is a hype on a meme coin, this balloon inflates, as soon as the hype passes and this coin is not technologically backed up, this balloon bursts immediately and with it the price drops instantly. Many scammers are heating up on these price fluctuations in the markets.


Title: Re: Do not be pulled by the hype of meme coins
Post by: abel1337 on May 26, 2023, 08:07:17 PM
I completely agree with you, because it’s like an inflatable balloon, as long as there is a hype on a meme coin, this balloon inflates, as soon as the hype passes and this coin is not technologically backed up, this balloon bursts immediately and with it the price drops instantly. Many scammers are heating up on these price fluctuations in the markets.
This is why people should be careful on buying meme coins especially if they are considering it as an investment which is logically not an investment. It's widely known that meme coins are just getting carried by the hype of the community and if the balloon deflates, everyone will flock selling their meme coins and price will just go down. I hope no one really consider buying meme coin as an investment and planning to hold it for long time. I don't see any future in it especially those new ones because I think they are just riding the trend and just want to get profits in the trend. Don't catch falling knife folks!


Title: Re: Do not be pulled by the hype of meme coins
Post by: JayTrain on May 26, 2023, 08:48:01 PM
Meme coins have undoubtedly caught the attention of crypto enthusiasts, with Shiba Inu and Pepe being prime examples. However, it's important to approach them with caution. While some meme coins have experienced significant gains, others have failed to deliver. It's crucial to evaluate the underlying fundamentals of a project, such as its community, utility, and long-term prospects. Meme coins can be exciting, but they also carry risks.


Title: Re: Do not be pulled by the hype of meme coins
Post by: AmoreJaz on May 26, 2023, 08:52:31 PM
Meme coins have undoubtedly caught the attention of crypto enthusiasts, with Shiba Inu and Pepe being prime examples. However, it's important to approach them with caution. While some meme coins have experienced significant gains, others have failed to deliver. It's crucial to evaluate the underlying fundamentals of a project, such as its community, utility, and long-term prospects. Meme coins can be exciting, but they also carry risks.

do you really think this kind of token has long-term plans in this market? people are exploring the meme tokens mostly for short-term gains. however, not all are lucky to gain from this venture. the hype will always be there but do remember, not all can be fortunate to exit from this investment in flying colours.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Rengga Jati on May 26, 2023, 08:55:19 PM
Do not be pulled by the hype of meme coins
This has been said many times, numerous times, in this forum and also on other platforms.
Never be pulled by the hype of certain new coins. Always consider analyzing and make deep research on meme coins and other new hype coins. Never be trapped by the hype brought by the influencers, although they always say many things about earning money from this kind of coin, be careful about it.
We have noticed this all the time, moreover to the newbies

But, see the fact?
Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.
This always happens to many people, moreover, who are new to this. Or those who are really interested to earn money easily and quickly, and then, trapped by the promise.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Odusko on May 26, 2023, 09:31:48 PM
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.
Yes only the early adopters will make significant profits and meme coins are not suitable for long-term purposes and to avoid losing out in totality, there is the need to ride with the trends and hype, so the early investors of those coins will always be at the middle of the whole market process both the pump and the dump accurately.

But then before you chose any meme coin as a short-term speculation there is a need to have adequate information and knowledge of those coins before risking your money on them.


Title: Re: Do not be pulled by the hype of meme coins
Post by: nurilham on May 26, 2023, 09:39:26 PM
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.
It is true that people who probably become rich are the owners/developers and the early investors who sell meme coins at the right time. The owner may not improve the projects seriously again after they already earn enough money from the meme coins. While the early investors mostly leave the projects when the hype reaches its peak. I guess most early investors are experienced investors, they know when the right time to sell the meme coins. While common people who want to follow them will end up with losses because they don't know the meme coin hype scheme. That's why it is strongly not recommended for common people to join meme coins.



Title: Re: Do not be pulled by the hype of meme coins
Post by: Yamifoud on May 26, 2023, 09:41:04 PM
that is the importance of doing research before investing and not being easily influenced by the news (FOMO). not only on the website but I often find on youtube social media many youtubers or crypto influencers to suggest buying a certain coin. giving advice is everyone's right, what we need to do is not to easily believe in this kind of thing and prioritize doing your own research before investing.
It was really enticing when someone on social media talked about earning huge amounts of profit from investing in something like meme coins. It certainly is gaining attention especially if you are new in the crypto space and this is not to wonder why many people got crazy and in a hurry to buy meme coins causing its price to spike high in just a few days. But look, while innocent people are buying, smart investors/early investors are already selling their coins already and earning more while these latecomers had suffered losses.


Title: Re: Do not be pulled by the hype of meme coins
Post by: DoublerHunter on May 26, 2023, 09:41:24 PM
Meme coins have undoubtedly caught the attention of crypto enthusiasts, with Shiba Inu and Pepe being prime examples. However, it's important to approach them with caution. While some meme coins have experienced significant gains, others have failed to deliver. It's crucial to evaluate the underlying fundamentals of a project, such as its community, utility, and long-term prospects. Meme coins can be exciting, but they also carry risks.
^Definitely right.
Meme coins often attract a large following due to their catchy branding and social media presence. However, their value can be highly volatile and influenced by speculative trading. Considering the utility of a meme coin is important and does it offer real-world use cases or solve a particular problem? Understanding the practicality and potential demand for a meme coin's utility can help gauge its long-term viability. So, their prices can be influenced by market sentiment and social media trends, leading to sharp price fluctuations and potential losses.


Title: Re: Do not be pulled by the hype of meme coins
Post by: TastyChillySauce00 on May 27, 2023, 02:12:27 AM
I completely agree with you, because it’s like an inflatable balloon, as long as there is a hype on a meme coin, this balloon inflates, as soon as the hype passes and this coin is not technologically backed up, this balloon bursts immediately and with it the price drops instantly. Many scammers are heating up on these price fluctuations in the markets.
that's what i have seen it so many times. The fact that if the scammers will be massively made stupid shit scam meme coin. The hype for meme coin was just happening in short term. No reason to call that if the hype of meme coin will exist forever.
Meme coin was only a place for scammers to fool the stupid investors who played with it. There are still many stupid investors in crypto.


Title: Re: Do not be pulled by the hype of meme coins
Post by: woez on May 27, 2023, 02:48:11 AM
Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

You have given a concrete example, what we think will go well could be 100% reversed and this is dominant but to make it relatively do not be half-hearted, it seems like my friend's story also invested $ 7,000. specifically for new meme coins but the Ethereum network and he invests not just one meme coin many and always enters the top 5 during presale. If one is weak it is closed by the others.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Xampeuu on May 27, 2023, 02:51:25 AM
I completely agree with you, because it’s like an inflatable balloon, as long as there is a hype on a meme coin, this balloon inflates, as soon as the hype passes and this coin is not technologically backed up, this balloon bursts immediately and with it the price drops instantly. Many scammers are heating up on these price fluctuations in the markets.
that's what i have seen it so many times. The fact that if the scammers will be massively made stupid shit scam meme coin. The hype for meme coin was just happening in short term. No reason to call that if the hype of meme coin will exist forever.
Meme coin was only a place for scammers to fool the stupid investors who played with it. There are still many stupid investors in crypto.
but it is undeniable, the existence of meme coins seems to be an attraction for investors to win the lottery, which becomes a problem if they use their full capital to invest in meme coins, as if they don't appreciate the capital they have. imagine if our capital increases by thousands of percent, of course it is difficult to blink an eye, as if getting a windfall. however, we need to remember that meme coins are not a place to actually invest, so be careful, especially for new investors who don't have enough knowledge


Title: Re: Do not be pulled by the hype of meme coins
Post by: adzino on May 27, 2023, 03:32:53 AM
Most of  them invest in meme coins to get rich real quick. But they don't realize that the chance of losing their money is much higher than making any profit. There are hundreds of meme coins, but how many of them are legit? and how many of them gave them profit? Like 1 in thousands. So yeah, do the math and you will know that high chance they will be losing their money. They also don't realize that when the "hype" starts, it is already too late to be investing anything. Don't be pulled by the false hope of the meme coins and encourage those scammers more!


Title: Re: Do not be pulled by the hype of meme coins
Post by: AakZaki on May 27, 2023, 05:20:27 PM
Many meme coins work in a way similar to the way Ponzi schemes work, so the only chance investors have of profiting from their investment is if they find the coin early before everyone is talking about it, if by the time you want to invest in that coin it is already being talked about on the forum and social media websites then you know it is too late already and it is better to stay away from it and never buy, as very few meme coins are fortunate enough to experiment several pumps during their existence.
Finding memecoin earlier will provide higher profits and of course it will be a risk of loss. Don't buy meme coins that are already high reaching new ATH because that is the time when everyone who entered earlier will exit and those who bought during ATH will only suffer losses. you have to be careful with new memecoin, all are just scammers' games and will only be abandoned when profit has been reached.


Title: Re: Do not be pulled by the hype of meme coins
Post by: carrie_white on May 27, 2023, 06:21:58 PM
I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors


Title: Re: Do not be pulled by the hype of meme coins
Post by: KellyHands on May 28, 2023, 05:40:07 AM
The potential of meme coin came to limelight after Elon Musk got involved in dogecoin. This brought about a new dawn to the possibility of meme coin and resulted in several developers coming out with their version of meme coin. Shiba inu was another successful meme coin to get the support of the community, but as it stands the era of meme coin is fast fading away and it's not advisable to keep investing in meme coin.


Title: Re: Do not be pulled by the hype of meme coins
Post by: TheUltraElite on May 28, 2023, 05:52:57 AM
Not just memecoins but many shady stuff actually spread by rumors and hype marketing and this needs to be understood by traders. In fact diligent traders immediately use this as a red flag sign on that project and dont look back at it ever again. However newbies are the ones who are regular targets and the project is also aimed at them. These are mostly the get-rich-quick youngsters getting their hand dirty in crypto for the first time.

It is difficult to stop them but dont hesitate to educate someone about the pros and cons of hype based marketed projects. Eventually they will either leave or learn and stop investing in such projects.


Title: Re: Do not be pulled by the hype of meme coins
Post by: jaberwock on May 28, 2023, 08:15:02 PM
Memecoins is just a gamble, nothing more. The only reason why PEPE became so big and so fast is because someone invested tons of money in promotion, it was all over Twitter at some point.
Isn't that life is? A gamble. We need to take a risk to earn something. The more the risk we take the more the reward is going to be expected. This is why meme coin have existed in the crypto world. There is nothing wrong investing on them as long as we agree about the consequences that we will face and we are not going to be carried away by our emotions because it can lead to more problems.

Do not know if it's true that Pepe is heavily promoted but if it is, that must be a lot of money for it to reach a wide audience. Apart from publication, people behind it injected lots of money to be able to lift the tokens value. That are the recipe for a successful meme coin.


Title: Re: Do not be pulled by the hype of meme coins
Post by: irsykes on May 28, 2023, 08:31:06 PM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume


Title: Re: Do not be pulled by the hype of meme coins
Post by: Jody.Drummer on May 28, 2023, 10:22:44 PM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
Even if what you say is true in this case, but on the other hand it is of course very difficult for us to find coins like that and be at the start because there is no certainty that when a new meme project arrives it will be pumped there.
Things like this need to be realized, especially to enter from the beginning, remembering that in this case not everything will come true because we know that there are so many coins like this every day and we can't be there for all of them.
It's still very risky about something like this, especially to be at the beginning actually the possibility is still very small because by being at the beginning the only hope is to continue to hope that the coin is glimpsed and pumped but when that doesn't happen the possibility of loss is certain .


Title: Re: Do not be pulled by the hype of meme coins
Post by: WalkerIVIV on May 28, 2023, 11:29:12 PM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.


Title: Re: Do not be pulled by the hype of meme coins
Post by: shinratensei_ on May 29, 2023, 12:04:41 AM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
that honestly with a big requirements, only works if the project didn't intentionally trying to make things getting out of hand like trying to have some rugpulls going on.

overall there are many things that could go wrong in investing in meme coin, even if you could invest early doesn't mean the coin you invested gonna go up.

most likely it just some mediocre meme coin that exists only to generate money for the developers themselves.

everything is still so uncertain and risky even if you take your investment strategy right, you just never expected the coin you invested ever gonna make some real huge increase honestly, after all, only 1 out of thousands of meme coin actually increase in value, there are certainly so many people losing money in those other meme coins that failed.


Title: Re: Do not be pulled by the hype of meme coins
Post by: lunnatic on May 29, 2023, 10:54:47 AM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.
it's like a memecoin cycle, because there are lots of memecoins that appear so whales want to play there,
yes one of the things that makes memecoin fly high is the market cap is so small that whales like it,
pump and dump happen because of fomo so don't get your hopes up on memecoin and if you really want to, then do it at your own risk.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Ziskinberg on May 29, 2023, 11:31:46 AM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
that honestly with a big requirements, only works if the project didn't intentionally trying to make things getting out of hand like trying to have some rugpulls going on.

overall there are many things that could go wrong in investing in meme coin, even if you could invest early doesn't mean the coin you invested gonna go up.

most likely it just some mediocre meme coin that exists only to generate money for the developers themselves.

everything is still so uncertain and risky even if you take your investment strategy right, you just never expected the coin you invested ever gonna make some real huge increase honestly, after all, only 1 out of thousands of meme coin actually increase in value, there are certainly so many people losing money in those other meme coins that failed.
That is why we called crypto as a risky investment, many people had suffered losses due to choosing shitcoins and useless projects. Some developers don't care about their reputation as the reason why creating these projects is to make money and grow their finances. Like in investing in meme coins corresponds with huge risk and we should be aware of such things before investing because we can't them but just ourselves. We should have to control our greediness as this is the main reason why we fall into wrong investments. 


Title: Re: Do not be pulled by the hype of meme coins
Post by: Oasisman on May 29, 2023, 11:34:02 AM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

It might be the key, but it's never easy to identify which memecoin will become the next big thing that creates a hype like the successful meme in the market today. You'll probably going to end up throwing away your money. There's a hundreds of different memecoin created every time a  new memecoin gets hyped up and most of them were a bunch of copycat that even the name were being copied like what happened with Shiba and Pepe. Clearly an act of deceit to make people think it's gonna generate good profit like the original memecoin.


Title: Re: Do not be pulled by the hype of meme coins
Post by: mirakal on May 29, 2023, 11:48:26 AM
The potential of meme coin came to limelight after Elon Musk got involved in dogecoin. This brought about a new dawn to the possibility of meme coin and resulted in several developers coming out with their version of meme coin. Shiba inu was another successful meme coin to get the support of the community, but as it stands the era of meme coin is fast fading away and it's not advisable to keep investing in meme coin.

Well, truth is, even before Elon Musk emerge of being vocal about his Doge investments, people especially investors with little less knowledge or even the knowledgeable ones are already looking forward in investing towards these coins because of the big profits that it could possibly bring into their pockets, although speaking with big profits, we are also talking about big risks as these two will always share the table. Hence why investing towards these coins is not really advisable because the risks aren't really worth it.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Psynthax on May 29, 2023, 02:19:59 PM
i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.


Title: Re: Do not be pulled by the hype of meme coins
Post by: irsykes on May 29, 2023, 06:24:03 PM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

It might be the key, but it's never easy to identify which memecoin will become the next big thing that creates a hype like the successful meme in the market today. You'll probably going to end up throwing away your money. There's a hundreds of different memecoin created every time a  new memecoin gets hyped up and most of them were a bunch of copycat that even the name were being copied like what happened with Shiba and Pepe. Clearly an act of deceit to make people think it's gonna generate good profit like the original memecoin.
hype moment or bullrun moment is happening for me it can be counted on. it is indeed very difficult, but you can see it from a season perspective. There is no season, so it is very difficult, what happens is the risk of throwing what is there. like the season with the ARBITRUM token it can be a profit field. nice ecosystem. and don't do old meme coin holding


Title: Re: Do not be pulled by the hype of meme coins
Post by: Japinat on May 29, 2023, 06:43:26 PM
i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.

Yes, it could be a good opportunity if you are that lucky to ride the wave on time but what if the opposite thing will happen? Where everything fell into pieces as you did not properly predicted what could happen in the future. See, that's what we should think about because the money we're putting here is not any joke as it came from the fruits of our labor in which we did not picked in an easy manner that we could just invest anything we think of without having any second thoughts.

Investing towards meme coin(s) does not really need a vast experience and knowledge about it, you just have to know the basics because you surely cannot predict where will the whales start to move as you're not in their inner circle where you can always ride the wave on time without risking anything. And you don't have to be that smart to know that it is not really advisable to invest towards it.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Xal0lex on May 29, 2023, 06:55:24 PM
What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

You are drawing the wrong conclusions by citing your own purchase as an example. The correct conclusion is that there is no need, amidst the hype around one well-known project, to enter into other similar projects. Memcoins never grow without proper manipulation and proper marketing. The case of pepe or shib tells us that there was a good budget, marketing, and support from certain figures in the cryptocurrency world to promote these tokens. These are qualities that other memcoins don't have, but for some reason people hope that if they buy some similar memcoin, it can behave as well as its known counterpart. That's the conclusion you should draw when you lose money on a memcoin nobody knows about.


Title: Re: Do not be pulled by the hype of meme coins
Post by: milewilda on May 29, 2023, 07:09:33 PM
What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

You are drawing the wrong conclusions by citing your own purchase as an example. The correct conclusion is that there is no need, amidst the hype around one well-known project, to enter into other similar projects. Memcoins never grow without proper manipulation and proper marketing. The case of pepe or shib tells us that there was a good budget, marketing, and support from certain figures in the cryptocurrency world to promote these tokens. These are qualities that other memcoins don't have, but for some reason people hope that if they buy some similar memcoin, it can behave as well as its known counterpart. That's the conclusion you should draw when you lose money on a memcoin nobody knows about.
Plus being hyped that someone which is known and popular like Elon. We arent that blind on how Pepe and Shib or even Doge did make out that significant increase into its price for how many folds just because we know that Elon did really make out some tweet about those coins which we know that this market is really that highly reactive when it comes to this on which it isnt really that surprising.This is where people are really that a
fan on dealing with meme coins on which they do really have that kind of hope deep inside that it might really be that hyped by someone and make  out those x100 or x1000 or more. This is why on the time that theres
some coin which is really that good when it comes to marketing and does really have that kind of hype, then people would surely be diving in and having that kind of hope. Its meme coins which doesnt have that
utility and this is why its really that risky when it comes to long term holds and if ever you would really be having plans on dealing with it then it would really be better to go for short term trades on
which on the time that you do see gains then better pull it off directly before its too late. Pump and dumps is the usual scheme.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Silberman on May 30, 2023, 07:11:39 AM
i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.

Yes, it could be a good opportunity if you are that lucky to ride the wave on time but what if the opposite thing will happen? Where everything fell into pieces as you did not properly predicted what could happen in the future. See, that's what we should think about because the money we're putting here is not any joke as it came from the fruits of our labor in which we did not picked in an easy manner that we could just invest anything we think of without having any second thoughts.

Investing towards meme coin(s) does not really need a vast experience and knowledge about it, you just have to know the basics because you surely cannot predict where will the whales start to move as you're not in their inner circle where you can always ride the wave on time without risking anything. And you don't have to be that smart to know that it is not really advisable to invest towards it.
That is something that always surprises me, as the way some traders manage themselves is very odd, either they think they cannot lose at all when they invest in a particular meme coin, a likely scenario, or they just do not care about their money at all, and unlikely scenario but still a possible one, after all by investing in those coins they are taking a massive risk, and while it is true the profits can be very high, both scenarios are not equally likely to happen, as the chances of losing their money are many times higher.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Inspiron14 on May 30, 2023, 08:11:05 AM
I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors
following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.


Title: Re: Do not be pulled by the hype of meme coins
Post by: woez on May 30, 2023, 08:22:10 AM
That's right for these meme coins, it can be profitable for those actual early comers but not those that have been too late for the hype. That's why there are winners and losers on this one because the winners have to eat up the money of those losers and the late ones.
We can't change the minds of those that have been brought up by the hype of these meme coins because they think that it's the only one that can make them rich. But if the time comes and they're the ones who are losing their money, soon, they might realize that everyone who's talking like this are correct.

Indeed, it is very important not to be swayed by the hype surrounding meme coins. While early adopters may benefit, late adopters often end up as losers. The winners basically take the money from the latecomers. Unfortunately, it is difficult to convince individuals who are caught up in the hype, because they believe meme coins are the only path to riches. However, when they do end up losing money, they may realize that those who warned against such investments were telling the truth. what can make naman also humans always want more and more.


Title: Re: Do not be pulled by the hype of meme coins
Post by: lixer on May 30, 2023, 12:56:26 PM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.
It is not because they keep generating tokens but it is because the hype gets over and the community moves on once they see the dust has settled. Meme coins don't have any value of themselves because of their own existence or because of any utility they provide, they get a value only because of the hype generated by the community which rises trading volumes for the meme coins and then they start gaining value.

As soon as people stop buying and those who bought at the end start waiting for the price to go up, it starts dropping from that point because volumes start dropping and without buying pressure meme coins are nothing.


Title: Re: Do not be pulled by the hype of meme coins
Post by: bettercrypto on May 30, 2023, 01:13:24 PM
You know the truth, what happened with Pepe coin has inspired many people to buy meme coins in this era. Many people will hope and think that they will get rich from meme coins. If the Shiba just started for fun and later became serious about cryptocurrency, then Pepe coin was even more cruel than the Shiba Inu when it first started.

       Because in a short time it was immediately included in the list of Binance exchange, which we know that Binance is known in the field of Bitcoin exchange or altcoins. If during the Bear market, Pepe coins aroused and captured the attention of the majority of the community in the industry and was immediately adapted by well-known exchanges in a short period of time, what about the bull run if it happens, it will be able to rise even more by Pepe coin in the future.


Title: Re: Do not be pulled by the hype of meme coins
Post by: |MINER| on May 30, 2023, 01:30:51 PM
Once upon a time the hype of meme Coin made me want to invest a lot, but now it doesn't anymore, I have now learned that investing in Meme Coin and gambling are almost the same after going through tough times. Currently I am thinking a lot about to invest on Alt-coin where the meme coin are far ahead to talk. In my own personal opinion I think investing in bitcoin will be best for earn a clear profit and specially on the dip condition. In this case long-term investment will be more beneficial. And specially this is more fact for me the security here at least you don't have to worry . So stay away from the memecoin.


Title: Re: Do not be pulled by the hype of meme coins
Post by: irsykes on May 30, 2023, 02:29:56 PM
the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.
It is not because they keep generating tokens but it is because the hype gets over and the community moves on once they see the dust has settled. Meme coins don't have any value of themselves because of their own existence or because of any utility they provide, they get a value only because of the hype generated by the community which rises trading volumes for the meme coins and then they start gaining value.

As soon as people stop buying and those who bought at the end start waiting for the price to go up, it starts dropping from that point because volumes start dropping and without buying pressure meme coins are nothing.
yes that's why meme tokens can't live long term and people who understand coin memes won't hold long term because they make very short term investments. and very rarely token memes are destined for the long term, only shiba survives. actually meme investment is very rare to become a treasure and even then it's just luck.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Xal0lex on May 30, 2023, 06:21:12 PM
-snip-

You are drawing the wrong conclusions by citing your own purchase as an example. The correct conclusion is that there is no need, amidst the hype around one well-known project, to enter into other similar projects. Memcoins never grow without proper manipulation and proper marketing. The case of pepe or shib tells us that there was a good budget, marketing, and support from certain figures in the cryptocurrency world to promote these tokens. These are qualities that other memcoins don't have, but for some reason people hope that if they buy some similar memcoin, it can behave as well as its known counterpart. That's the conclusion you should draw when you lose money on a memcoin nobody knows about.
Plus being hyped that someone which is known and popular like Elon. We arent that blind on how Pepe and Shib or even Doge did make out that significant increase into its price for how many folds just because we know that Elon did really make out some tweet about those coins which we know that this market is really that highly reactive when it comes to this on which it isnt really that surprising.This is where people are really that a
fan on dealing with meme coins on which they do really have that kind of hope deep inside that it might really be that hyped by someone and make  out those x100 or x1000 or more. This is why on the time that theres
some coin which is really that good when it comes to marketing and does really have that kind of hype, then people would surely be diving in and having that kind of hope. Its meme coins which doesnt have that
utility and this is why its really that risky when it comes to long term holds and if ever you would really be having plans on dealing with it then it would really be better to go for short term trades on
which on the time that you do see gains then better pull it off directly before its too late. Pump and dumps is the usual scheme.

The whole point is that even many conventional altcoins, which have capitalizations of hundreds of millions of dollars, also have nothing useful, but they do not behave the way memcoins do. They can live for years and rise in value and fall organically, without extreme behavior. I'm talking now about all sorts of clones of various ETH, BNB and other well-known projects that parasitize on ideas that have already been implemented. The problem with memcoins is that they force a huge number of people to buy at the very highs and after that there is a sharp dump. Very few investors have the opportunity to buy memcoin at the very beginning, but the usual altcoin to buy in this way is still possible, and this possibility is much higher.


Title: Re: Do not be pulled by the hype of meme coins
Post by: justdimin on May 31, 2023, 09:50:50 AM
i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.
Yes, it could be a good opportunity if you are that lucky to ride the wave on time but what if the opposite thing will happen? Where everything fell into pieces as you did not properly predicted what could happen in the future. See, that's what we should think about because the money we're putting here is not any joke as it came from the fruits of our labor in which we did not picked in an easy manner that we could just invest anything we think of without having any second thoughts.

Investing towards meme coin(s) does not really need a vast experience and knowledge about it, you just have to know the basics because you surely cannot predict where will the whales start to move as you're not in their inner circle where you can always ride the wave on time without risking anything. And you don't have to be that smart to know that it is not really advisable to invest towards it.
Yeah, this is too on meme projects and people are forgetting that there were people who bought doge at 50+ cents as well. I mean sure if you bought at 3 cents and sold at 70 cents that's a profit you would not see these days and that was a great period and congratulations for doing that. But, the people like me who are against meme projects are not people who lost their money, in fact I didn't had any doge or other meme project token for the past 5 years at all, so I made zero loss on them.

Still, I try to warn people because I have seen too many people on telegram that ended up buying at 50+ cents due to the hype, everyone talked about how easy it was to get rich, and how they got rich thanks to doge so others joined, and they lost all they had. This is I warn people against.


Title: Re: Do not be pulled by the hype of meme coins
Post by: JayTrain on May 31, 2023, 10:06:57 AM
Meme coins have gained significant popularity in the cryptocurrency space, driven by hype and speculation. While some meme coins have seen success and generated substantial returns for investors, it's important to approach them with caution. The volatile nature of meme coins makes them high-risk investments, and their success heavily relies on factors like community support and market trends. Thorough research and understanding the project's purpose, community dynamics, and potential use cases are crucial before investing in meme coins. It's also essential to be mindful of the risks involved and avoid blindly following trends or recommendations without conducting due diligence.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Doan9269 on May 31, 2023, 10:13:06 AM
I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors
following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.

The truth is that if you're to buy a memecoin, don't get in when the market is already hyped or pumped because any moment from then may leads to bear moves and it begins to come down as well thesame way it went up and if care is not taken that you also didn't sell to release them quickly, the coin may go completely down and never rises again especially during the time it large percentage investors withdraws their investment on it.


Title: Re: Do not be pulled by the hype of meme coins
Post by: sparkolabs on May 31, 2023, 10:23:14 AM
If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any)...
Buyers are currently facing confusion regarding the true meaning of DYOR (Do Your Own Research). Altcoins employ various strategies such as KYC, SAFU, influencers, Twitter and Telegram bots, paid high points on DEX, and CEX listing poor coins.

My perspective: Seek out projects in incubation that aren't reliant on influencers or hype. Join communities early, engage actively, ask questions, and observe closely. Invest only what you can afford to lose and remain vigilant. Don't rely on followers/subscribers count.

Bonus: Trust teams with exposed profiles (e.g., LinkedIn) and assess their past activities.


Title: Re: Do not be pulled by the hype of meme coins
Post by: sparkolabs on May 31, 2023, 12:33:40 PM
I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors
following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.

The truth is that if you're to buy a memecoin, don't get in when the market is already hyped or pumped because any moment from then may leads to bear moves and it begins to come down as well thesame way it went up and if care is not taken that you also didn't sell to release them quickly, the coin may go completely down and never rises again especially during the time it large percentage investors withdraws their investment on it.

I've witnessed the unfortunate reality of projects being rug pulled within just 30 minutes, even after developers claim to renounce ownership. Through my experiences, I've seen both sides of the coin.

What has been working for me lately is this: If you're interested in a meme coin, make your entry within the first two minutes, or avoid it altogether.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Rampagoe004 on May 31, 2023, 04:46:47 PM
No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !


Title: Re: Do not be pulled by the hype of meme coins
Post by: |MINER| on June 01, 2023, 05:49:11 PM
No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !
I think it would not be 100% correct to say that no one has been successful or gained profit from meme coin. From my own experience there are many people who have made huge profits from meme coin. But to be honest its number is very limited. And besides, it is best to avoid meme coin due to its high risk. Most people out of 100% face losses while investing in this meme coin. And for those who gain profit, if they do not take the right action at the right time, then it does not sustain. So it is better to make a long term investment rather than investing in meme coin, and it must be in a top currency.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Victorik on June 01, 2023, 06:10:32 PM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Questat on June 01, 2023, 08:28:12 PM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
Not only newbies mate but also even old investors are participating in the hyped because it is to admit that this kind of investment seems profiting if you can make it perfectly especially if you are an early investors who buy them at a cheap price and then sell during its peak.
Well, you are right about crypto investment being too risky and that is why I don't encourage people to join here unless they will understand the nature of the market and most of all if they are risk-takers.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Marykeller on June 01, 2023, 08:31:49 PM
I have never considered memecoin to be the kind of investment where someone can make and then profit from. Every time I hear about the hype around memecoins, I choose to ignore it since it will pass quickly and people who invested out of FOMO will held themselves responsible for their poor decisions in investing in memecoins.

Investing in memecoins is a high-stakes game where you can't be certain of its price tomorrow, whether its value will decline into nothingness or be dumped by its early investors or owners when there are profits because they are the ones who have a significant amount of memecoins and even purchased at its low price.


Title: Re: Do not be pulled by the hype of meme coins
Post by: JeffBrad12 on June 01, 2023, 09:16:00 PM
No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !
Im gonna be disagree on that one, quite many people are getting rich out of it, even the recent meme coin that gets shilled by elon, there are some that invests early and turning around their money
from some investment of $50k into 1 million,i'm gonna say that's quite successful investment right there.
it's better to say that the amount of those that become rich out of it are significantly fewer than those that lose their money, but still regardless there are many that become successful out of it.
and usually they are the early birds of investing in these meme coin, sometimes i wonder why they are so good at investing in meme coin at early.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Victorik on June 02, 2023, 04:06:49 AM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
Not only newbies mate but also even old investors are participating in the hyped because it is to admit that this kind of investment seems profiting if you can make it perfectly especially if you are an early investors who buy them at a cheap price and then sell during its peak.
Well, you are right about crypto investment being too risky and that is why I don't encourage people to join here unless they will understand the nature of the market and most of all if they are risk-takers.

In a way you are correct. I think recently I have some crypto OGs complaining of falling scam for a particular scam meme coin. They did their home work, crossed their ts and dotted their I, yet they still lost their funds.
The thing is on this space, you can never be careful enough.


Title: Re: Do not be pulled by the hype of meme coins
Post by: newdevices on June 02, 2023, 07:06:00 AM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.


Title: Re: Do not be pulled by the hype of meme coins
Post by: rhodelmabanal on June 02, 2023, 12:28:20 PM
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Doan9269 on June 02, 2023, 01:59:46 PM
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

It's not when the hype is high on thie coins that we should go for them only, It's more safe to invest on memecoins than memetokens for those interested in some altcoins investment, but yet the research have to deepens, but just as you've said that the risk is too heavy for you to bear and makes ot more difficult for you to try investing in them, also you're right because as some are earnings many are also loosing depending on the coin they have invested.


Title: Re: Do not be pulled by the hype of meme coins
Post by: fzkto on June 02, 2023, 02:43:21 PM
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

It's not when the hype is high on thie coins that we should go for them only, It's more safe to invest on memecoins than memetokens for those interested in some altcoins investment, but yet the research have to deepens, but just as you've said that the risk is too heavy for you to bear and makes ot more difficult for you to try investing in them, also you're right because as some are earnings many are also loosing depending on the coin they have invested.
Are there many meme coins to invest in? I know only dogecoin. All other coins that have had a high hype are tokens. I don't think there is much difference between a mem token and a mem coin. Both don't make any sense. If all altcoins are shitcoins, then meme coins are even more shitcoins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: kapalmabur on June 02, 2023, 03:20:14 PM
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.
your steps are very good and I support that because indeed investing in memecoin can only be a disaster,
even in my opinion those who really get profit from there are people who gamble, because indeed 90% of memecoin doesn't mean anything,
I prefer altcoins which are true have products like Play To Earn, NFT, Metaverse or Web3.


Title: Re: Do not be pulled by the hype of meme coins
Post by: waONE on June 03, 2023, 06:22:19 PM
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.
your way of not following memecoin is correct, I have also done that since 2020 until now I have never bought any memecoin and hold this memecoin,
because I saw some of my friends experience rugpull on memecoin and I learned from there that memecoin that is currently hype should not touched.


Title: Re: Do not be pulled by the hype of meme coins
Post by: mich on June 04, 2023, 05:54:20 AM
Well yes there is many meme coins just that are hype. But there is big news for $Floki they have just become strategic partners with Binance pay.
This will affect billions of users world wide who has access to the exchange. I think this is very 'bullish' news for $Floki holders to be partners with biggest crypto exchange in the world.
https://www.tekedia.com/floki-announces-strategic-partnership-with-binance-pay/


Title: Re: Do not be pulled by the hype of meme coins
Post by: awik p on June 04, 2023, 06:45:12 AM
At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it


Title: Re: Do not be pulled by the hype of meme coins
Post by: Victorik on June 04, 2023, 01:35:37 PM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.

You are right. Memecoin are just too risky to invest in, especially if you are a beginner. But you can make a whole lot of money if you're lucky to invest early. Also, you can lose all your investment just within seconds. So, it's a big gamble.


Title: Re: Do not be pulled by the hype of meme coins
Post by: lunnatic on June 04, 2023, 03:47:08 PM
The hype of the meme coin is indeed very extraordinary and can even exceed the hype of Bitcoin,
lots of memecoins that go up to 1000x when fomo arrives, like some time ago one of the hype memecoins is PEPE,
yes if you follow the Hype on PEPE and you buy it at the price is $0.000004354 then you are -77% from that price to the current PEPE price,
so it's better not to follow the Hype when everyone is FOMO.


Title: Re: Do not be pulled by the hype of meme coins
Post by: bluedeep on June 04, 2023, 04:54:46 PM
At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it
Meme Coin I thought it was a good coin but later on when I realized that I don't like Meme Coin. Because we don't get much profit from investing in it. So now I stay away from Meme Coin. I don't know the benefits of Meme Coin.  No Future We have to see which coins have a good future to choose. Then we can hope to get something good.


Title: Re: Do not be pulled by the hype of meme coins
Post by: TelolettOm on June 04, 2023, 11:23:36 PM
your way of not following memecoin is correct, I have also done that since 2020 until now I have never bought any memecoin and hold this memecoin,
because I saw some of my friends experience rugpull on memecoin and I learned from there that memecoin that is currently hype should not touched.
The rugpull scheme often happens on new meme coins, so we must be careful to join new meme coins. However, it mostly happens when meme coins was hype, it was the time when Elon Musk often tweeted about Dogecoin in the last bullrun season. It is no longer a trend of meme coins, so people are rarely talking about meme coins anymore nowadays.

If there are people who still experienced losing money because of rugpull on new meme coins, it means those people never learned or never got the lessons from previous rugpull cases. It is clear that meme coins don't deserve to invest, they have no clear future and most of them are scams only.



Title: Re: Do not be pulled by the hype of meme coins
Post by: shinratensei_ on June 04, 2023, 11:30:27 PM
At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it
that much is true, there is actually many investors that got really big capital and make investment in meme coins, which honestly pictured by many as some ridiculous move or an attempt that could
devastate them in long term resulting in massive loss but turns out they are winning and get the most of the increase.
those are usually the ones that have already understand the characteristics of meme coin in general that it makes their investment decision responsible ones despite the fact that they are investing in some meme coin
which might be seemed like unreasoned decision, but surely those with big capital wouldn't make some uninformed decision with such massive investment.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Godday on June 04, 2023, 11:49:45 PM
I've always been unsure about memecoin. Especially if you have a strange name like Love Hate Inu :-[. Memecoin is a project that relies solely on the community's desire to buy and continue to buy their coins. There is no innovation or something that makes us go "wow this is a great breakthrough for the future ;D"


Title: Re: Do not be pulled by the hype of meme coins
Post by: sulendra12 on June 07, 2023, 07:09:30 PM
I've always been unsure about memecoin. Especially if you have a strange name like Love Hate Inu :-[. Memecoin is a project that relies solely on the community's desire to buy and continue to buy their coins. There is no innovation or something that makes us go "wow this is a great breakthrough for the future ;D"
That's an idea behind meme coins, they named it after memes from the internet or make some silly names associated or inspired by those memes. That's why people  find it interesting because it's attractive just because of those names, hence the community become bigger as more people joined the train because they know this memes or want to follow the train.

There is no real technology behind those meme coins unlike other coins out there, they just make it solely for the memes.


Title: Re: Do not be pulled by the hype of meme coins
Post by: danherbias07 on June 20, 2023, 10:52:01 AM
I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.
Or, they are lying to you.
But it's true, there are more losers than winners when it comes to investing in meme coins. In my own experience, I never regret selling my Shiba Inu after I saw some profits out of it. Yeah, it did go upwards after I sold it but I did not even bother looking at why. Let's not love this type of joke coins. Make money out of them and then run away. Ride the hype as early as we could and then we sell when we see an opportunity. Don't even try to say it could go way higher because the chance of being dumped is more possible than being pumped again.
The owners and marketers will try to come up with reasons why it will pump, but that's all for their own profits and not us. It's just a strategy to make people think about selling while they will be the ones who will do it first.


Title: Re: Do not be pulled by the hype of meme coins
Post by: swogerino on June 20, 2023, 01:18:33 PM
You have summarized what I have been trying to say for a long time. I always say projects that create real value and work on a technology, just like Cirus. But people take risks in a meaningless way :-\

Now people are even taking more risks since they can buy a huge amount of SHIBA as the price has come considerably down in these last days and weeks when Bitcoin and altcoins prices were on a big substantial downtrend.The fact that people keep chasing these coins is related to Doge Coin,many people were mining them for fun and they were easy to mine back in the days resulting in huge amounts of such coins at the price when they were being mined were 0.0024 if I recall it correctly but one such coin reached to near 0.70 dollars or a bit more and these people made huge profits out of this coin.Now many people want to do the same with SHIBA and that is why there is hype between these coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: yazher on June 21, 2023, 11:01:51 AM
I've always been unsure about memecoin. Especially if you have a strange name like Love Hate Inu :-[. Memecoin is a project that relies solely on the community's desire to buy and continue to buy their coins. There is no innovation or something that makes us go "wow this is a great breakthrough for the future ;D"

It depends on their kind of meme because some memes are just there to confuse you, and they don't have any plans for their coins. They create them to take advantage of the hype, fooling some newbie investors into thinking that their coins are like Doge, which will be huge in the future. Still, there's no such thing because there's no development or updates that will take place in the next year to come, and when the hype is done, they leave their investors with multiple false promises until they give it up for good.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Amejoaquim on June 21, 2023, 01:24:54 PM
Well, most people "invested" in crypto seem to think they are supposed to be millionaires in two weeks from buying crypto because some influencer called them a loser for working a 8-4.
So, no wonder there so many people who get caught on this meme coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: wiss19 on June 22, 2023, 07:05:45 AM
You have summarized what I have been trying to say for a long time. I always say projects that create real value and work on a technology, just like Cirus. But people take risks in a meaningless way :-\
I also wouldn't consider the token you mentioned as a better alternative to meme coins, it is a new token and we never know how it behaves. Have you done proper research about it and you believe that it has the best fundamentals and the team behind it that it will be a success? Please enlighten us about the use cases and the technology behind the token that you believe will make it grow exponentially in the future.

Investing in meme coins is simply wasting your money because one out of a thousand meme coins manage to get some value if it gets the attention of the community and enough investments, and if you invest in the wrong meme coins that don't get enough hype and attention, your money is wasted.


Title: Re: Do not be pulled by the hype of meme coins
Post by: asawale on June 22, 2023, 07:17:01 AM
This is an admonition for the newbies and those who are yet to fully understand the basics of cryptocurrency. Memecoins creation is the most method used by scammers to steal from the cryptocurrency community. The make fake projects with code that breach their users wallet security and that gives them chance to steal you fund. BEWARE OF FAKE PROJECTS IN MEMECOINS and if you invest in memecoins, always ensure you don't get greedy and take out your profits on time.


Title: Re: Do not be pulled by the hype of meme coins
Post by: v3liana on June 25, 2023, 02:20:39 PM
Thats kinda hard because Meme coins bring more yolo degen energy that is perfect for their pump and dump plans. Probably a lot less eyes on it than a well established project as well.


Title: Re: Do not be pulled by the hype of meme coins
Post by: BaeSuzy on June 26, 2023, 02:19:35 PM
That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Raflesia on June 26, 2023, 03:12:19 PM
Thats kinda hard because Meme coins bring more yolo degen energy that is perfect for their pump and dump plans. Probably a lot less eyes on it than a well established project as well.

Actually, as long as we are not too affected by the ambition of quick and instant profits, I think it is very easy to do because regardless of whether we are dragged or not in this memecoin hype, we return to our own choices, which means when we really don't want it, then that's it. can not be done.
What makes it difficult is when we are only fixated on the profits we get and don't see the worst impact we get when we are in meme coins.

On the other hand, actually, if you really want to, you can still do it, but with the condition that we know what to do and don't just stick to our condition following other people or influencers who introduce memes or shitcoins because we realize that it's a trap.
By knowing our own capacity, of course it can be done, but this is not easy and cannot be done for beginners or those who don't understand the concept of memecoin as a whole.


Title: Re: Do not be pulled by the hype of meme coins
Post by: mdzahed134 on June 26, 2023, 07:02:01 PM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.

You are right. Memecoin are just too risky to invest in, especially if you are a beginner. But you can make a whole lot of money if you're lucky to invest early. Also, you can lose all your investment just within seconds. So, it's a big gamble.
There are no differences between gambling & to invest in Meme Coin, because both of involved with high risks even you may lose everything, so don’t put large amount of money in such coins. Because it’s pretty rare to profit with meme coins investment, yeah that's right early investors can get profit in short time.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Victorik on June 28, 2023, 07:37:42 PM
Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.

You are right. Memecoin are just too risky to invest in, especially if you are a beginner. But you can make a whole lot of money if you're lucky to invest early. Also, you can lose all your investment just within seconds. So, it's a big gamble.
There are no differences between gambling & to invest in Meme Coin, because both of involved with high risks even you may lose everything, so don’t put large amount of money in such coins. Because it’s pretty rare to profit with meme coins investment, yeah that's right early investors can get profit in short time.

Yeah, investing in memecoin is a very big gamble, but sometimes early investors can indeed make something tangible from investment. But generally, it's a big gamble.


Title: Re: Do not be pulled by the hype of meme coins
Post by: poodle63 on June 29, 2023, 12:05:19 AM
That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.
Meme coin never become the best in the world. It's all bullshit to call it as the best in the world. bitcoin will always become the best in the world and this is the fact. meme coin is always become a place for people to gamble their money and that's it. I don't even think meme coin is worthy enough to make money for long term.


Title: Re: Do not be pulled by the hype of meme coins
Post by: DeathAngel on June 29, 2023, 09:27:27 AM
I bought PEPE & MONG close to their highs, I’m currently way underwater on them but it is what it is, you have to take a chance sometimes. I’ve said before I’ll just hodl them, will sell if they moon in the next moon shot. I woupd never put more than $1000 into these type of coins but sometimes it’s worth a shot.


Title: Re: Do not be pulled by the hype of meme coins
Post by: lunnatic on June 29, 2023, 10:05:49 AM
That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.
Meme coin never become the best in the world. It's all bullshit to call it as the best in the world. bitcoin will always become the best in the world and this is the fact. meme coin is always become a place for people to gamble their money and that's it. I don't even think meme coin is worthy enough to make money for long term.
It would be very strange to me if someone thought it would be profitable to invest in meme coins in the long term,
there are many other coins that are really worth it,
obviously don't expect more from meme coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Rimueng on June 29, 2023, 10:37:18 AM
It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.


Title: Re: Do not be pulled by the hype of meme coins
Post by: nyashenka on June 29, 2023, 11:06:50 AM
It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.


Title: Re: Do not be pulled by the hype of meme coins
Post by: mattujusuruga on June 29, 2023, 12:51:48 PM
Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Kelvinid on June 29, 2023, 01:30:01 PM
Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
The best thing to do is to only invest in meme coins that are already hyped. As they are not destined for long-term investment that is why you should have to sell them once you gain some profits. This is a good spot for short-term traders/investors, we can say it was easy money which encourage people to buy them but yes, the risk is too high and so we need to be smart and keep updated on the situation otherwise, you will lose your money. But if you wanted to play it safe, Bitcoin investment should be our choice.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Psynthax on June 29, 2023, 01:55:50 PM
It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
thats the reality, many think it's easy to get profit in meme coin meanwhile its indeed easy for the whales but for late investors, it definitely not gonna be easy considering the fact the market is heavily manipulated.


Title: Re: Do not be pulled by the hype of meme coins
Post by: bastian466 on June 29, 2023, 03:02:04 PM
Just being an avid viewer, it would be a waste of time to plunge into the sea of ​​hype that goes with meme coins. don't expect the hype to last long, the price will definitely drop when it's all over, there are bad parties who take advantage of this situation to commit fraud by creating new coin memes so that many investor victims are caught in their nets


Title: Re: Do not be pulled by the hype of meme coins
Post by: bayudndy on June 29, 2023, 03:07:46 PM
Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
I don't think it's an investment, just look at how people fomo (and me), don't care too much about what value it will bring, simply profit, I joke with my friends that it is buy a lottery, and it seems that in a thousand memes there will be a name in the market that will bring attention. But keep in mind the fact that it has never been a way to invest sustainably, it's all about being quick to catch crowd psychology and what's happening in the market context at that time, sometimes just a matter of time. The trendy name also attracted the attention of the crowd, as dogecoin and shiba did, the hype of some influential figures as well as the overwhelming response.
The fact that the meme is so much more of a risk than a success, think about the number of people who have ever made big profits compared to the number of people who have lost big because of this.


Title: Re: Do not be pulled by the hype of meme coins
Post by: TastyChillySauce00 on June 29, 2023, 04:23:52 PM
Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.

As long as there will always be speculators in the market and these speculators will always be hlping meme coin to survive. The hype of meme coin can come anytime. Many people thought that if the hype already ended but new meme coin called L based on ether blockchain got very big daily trade volume as it's recently traded in uniswap. That proves if the hype has gone was not true.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Freddie Boyer on June 29, 2023, 05:00:41 PM
That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.

As you describe, this is also bound by a lack of underlying value which can make Meme Coins very unstable and vulnerable to sudden market corrections, as they lack stability that comes from solid fundamentals. But, you know what some people say, smart traders are those who know how to take advantage of market situations. Sometimes they see the hype as the driving force behind their investment decisions even though they themselves never know when the hype train will collapse.


Title: Re: Do not be pulled by the hype of meme coins
Post by: terencio on June 29, 2023, 05:04:11 PM
You make some good points about the dangers of meme coins. They are not like Bitcoin or other cryptocurrencies that have real value and utility. They are just based on memes and popularity, which can change overnight. Lovehateinu is a case in point of how a meme coin can fail to deliver on its promises.


Title: Re: Do not be pulled by the hype of meme coins
Post by: lalabotax on June 29, 2023, 10:00:00 PM
It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Quidat on June 29, 2023, 10:13:34 PM
It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.
Lots of rug pulls
Lots of shit projects
Lots of no utility coins
Lots of promises
Lots of hype
Lots of lies

You would definitely be encountering these things on the time that you would really be touching up meme coin investments.
Getting yourself get hyped will really be might leading into those impulsive decisions which if you do see up some interest but didnt make out
your common dyor on things then you are really that putting yourself into huge trouble which is something that we should really need to avoid
in the first place.


Title: Re: Do not be pulled by the hype of meme coins
Post by: JeffBrad12 on June 29, 2023, 11:48:20 PM
It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.
rarely i see meme coin that promise big profits initially though so many of meme coins i've seen always try to get these newbies into getting fomo'd by manipulating the prices and make illusion of price rising several hundred folds in order to make many people out there gets fear of missing out the chance of flipping their money multiple times.
I think thats usually the way these meme coins could be getting all those newbies money into their meme coins so the devs can exit since they are the ones that either owned or bagging their coins at very initial listing so they easily make massive profits from just that alone.


Title: Re: Do not be pulled by the hype of meme coins
Post by: judaspriest on June 30, 2023, 04:38:48 AM
It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.
What is of course the attraction is that scammers promise big profits so that greedy people and beginners become victims,
they should learn from the experiences of others,
what is clear is never easily tempted by that kind of thing.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Rimueng on June 30, 2023, 08:20:13 AM
It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
You're right, the hype meme phenomenon continues and attracts the interest of many people. Some people are tempted to engage in meme coin speculation in hopes of making a quick profit. Many people do not have a proper understanding of the market and the assets they are buying, and as a result they often experience financial losses.


Title: Re: Do not be pulled by the hype of meme coins
Post by: nyashenka on June 30, 2023, 09:02:45 AM
It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
You're right, the hype meme phenomenon continues and attracts the interest of many people. Some people are tempted to engage in meme coin speculation in hopes of making a quick profit. Many people do not have a proper understanding of the market and the assets they are buying, and as a result they often experience financial losses.

Since there is possible to make big money on speculations of meme coins they will be popular. Many people try their forces to make money on meme coins and they want profit and believe in success. Its like casino and they can not stop.


Title: Re: Do not be pulled by the hype of meme coins
Post by: justdimin on June 30, 2023, 07:04:02 PM
There are no differences between gambling & to invest in Meme Coin, because both of involved with high risks even you may lose everything, so don’t put large amount of money in such coins. Because it’s pretty rare to profit with meme coins investment, yeah that's right early investors can get profit in short time.
Unfortunately that is both true and yet both done by people anyways. I get that it is a terrible idea to keep on investing into these things knowing that it is not going to be profitable, because we are not really doing a good job right now. But to know that it is going to be done anyway and people will end up losing money in both of them anyway, it is really a terrible feeling.

People should be aware that they are not doing a good job and they should be ashamed to invest into any meme project. Sure there were a few people who made some profit from it, but it is such a rare thing and to be happy about it or to be benefiting from it s not a reasonable thing to approach, we should be considering it a bit differently and just stay away from them so we won't lose money.


Title: Re: Do not be pulled by the hype of meme coins
Post by: abel1337 on June 30, 2023, 08:15:13 PM
It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
You're right, the hype meme phenomenon continues and attracts the interest of many people. Some people are tempted to engage in meme coin speculation in hopes of making a quick profit. Many people do not have a proper understanding of the market and the assets they are buying, and as a result they often experience financial losses.

Since there is possible to make big money on speculations of meme coins they will be popular. Many people try their forces to make money on meme coins and they want profit and believe in success. Its like casino and they can not stop.
I don't know if we can consider them as "degens" given that they rely on speculations and their hope on the project to get a hype and make massive profits. I believe that there are many people who see meme coins that way. In short they want a quick money on investing on a meme coin. I remeber last meme trend, I was ask by my friend who have no idea about crypo about what meme coin they should invest to get a massive profit and assurance thst they won't lose money, answered that it's a delusion to expect something like that on investing. I understand that time how some newbies see meme coins because of massive hype and influencers that flexes their profit on meme coin.


Title: Re: Do not be pulled by the hype of meme coins
Post by: evichi on June 30, 2023, 09:58:21 PM
Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.


Title: Re: Do not be pulled by the hype of meme coins
Post by: deean_3one on July 03, 2023, 04:08:00 PM
Don't be lured by the hype of meme coins. I agree with this statement. The hype of meme coins only gives momentary gains. Profits are made by those who are lucky to have owned the coin first. However, for those who own coins after the hype, they can only bite the bullet. Because they don't get a profit and can't even return capital.



Title: Re: Do not be pulled by the hype of meme coins
Post by: gurunanakji777 on July 27, 2023, 12:22:32 PM
Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.


Title: Re: Do not be pulled by the hype of meme coins
Post by: kingvirtus09 on July 27, 2023, 05:26:02 PM
As long as we always remember that most meme coins are very high risk, only a few of them can be said to be somehow okay for me like the Shiba inu, even if it just started for fun but in the long run it became serious it and we have seen the improvement and development made by its developer. While Pepecoin was brought by manipulators who at the same time are whale holders of pepecoins which in fact are higher risk than shiba Inu and Doge. so invest at your own risk anyway.


Title: Re: Do not be pulled by the hype of meme coins
Post by: shinratensei_ on July 27, 2023, 11:03:27 PM
Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.
thats true, if someone know how meme coin really works, they would definitely refrain from investing in meme coin when its already known by many people because at that time investment would be futile attempt, nothing but an attempt to make the early birds even richer.
its the game of early birds where if you could invest earlier you get the most out of it. so what to do against these meme coin? simple, just don't invest when you're too late, and you could easily avoid the potential lost thats usually certain for those that invests late.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Wiwo on July 27, 2023, 11:30:50 PM
Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.
I dont know why many investors take meme coins too serious to me, meme coins shouldn't be taken as an investment rather it should be taken as a gamble, since their are best for short term speculations build only on hype without any ecosystem that could provide liquidity for their long term sustenance, and more or less we can say that meme coins should be taken as just a joke, which os the original motive for their creation, dogecoin is a good example of what a joke meme coins are.

But if you know how to predict their market and are smart enough to pull out at the right time, it will help a lot in helping to make the best use of their pump mechanism, that is why we refer to meme coins as speculative assets.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Blitzboy on July 28, 2023, 07:46:19 AM
Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.
I dont know why many investors take meme coins too serious to me, meme coins shouldn't be taken as an investment rather it should be taken as a gamble, since their are best for short term speculations build only on hype without any ecosystem that could provide liquidity for their long term sustenance, and more or less we can say that meme coins should be taken as just a joke, which os the original motive for their creation, dogecoin is a good example of what a joke meme coins are.

But if you know how to predict their market and are smart enough to pull out at the right time, it will help a lot in helping to make the best use of their pump mechanism, that is why we refer to meme coins as speculative assets.
I agree that meme currencies are speculative, more like gambling than investing. Most of them lack a sustainable ecology and have little practical value beyond conjecture. However, aren't exceptions important? Take Dogecoin. It started as a joke but now has a community and is used for transactions. It has received support from Elon Musk.

As a buddy told me, these meme coins' unpredictability has let him make big gains quickly. He makes 10000% in a week on volatility. That being said, I admit that I havent been as successful with this investment strategy. Volatility and unpredictability are not for everyone.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Reatim on July 28, 2023, 08:23:33 AM
Good for me that I did manage to prevent from trusting Meme coin since day one , yeah there are some that truly make a great increase but majority are being pumped and dumped.
the Only meme coin that I come to trust way back is Dogecoin but that is a long time ago .
Meme coins are indeed fueled by hype and community enthusiasm. While some early investors and creators may profit, it's true that not everyone will get rich from them. Unlike other altcoins with stronger communities, meme coins often attract people looking for quick gains. It's crucial to be cautious and recognize the risks involved before jumping in. Quick money might be tempting, but it's essential to approach meme coins with a clear understanding that it's a high-risk and speculative venture.
We must be thankful that Meme season has ended and yes we are now aware of what can happen if their time continues.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Yaunfitda on July 28, 2023, 09:05:32 AM
Meme coins are indeed fueled by hype and community enthusiasm. While some early investors and creators may profit, it's true that not everyone will get rich from them. Unlike other altcoins with stronger communities, meme coins often attract people looking for quick gains. It's crucial to be cautious and recognize the risks involved before jumping in. Quick money might be tempting, but it's essential to approach meme coins with a clear understanding that it's a high-risk and speculative venture.
Only the first one to join the boat on meme coins are going to profit from it. Let's say for example $Pepe. If you are one of those who found this meme before it exploded and you see the potential and then invest early, for sure you might have a earn a ton of profits when the hype reaches its peak.

But after that, after all the selling, you might have to look for other meme coins. But that is the thing, it's very hard to found unless you are connected to the project itself. Nevertheless, I do believed that there are crypto enthusiast who really focus on meme coins and hunting them down for a quick turn around and get instant profits.


Title: Re: Do not be pulled by the hype of meme coins
Post by: TheUltraElite on August 03, 2023, 03:29:56 PM
We must be thankful that Meme season has ended and yes we are now aware of what can happen if their time continues.
It has not ended but only became dormant. You see, these methods of scamming people has come from ICOs and their varied names like ITO/STO/IEO and other similar sounding offerings, though the basic concept has been the same, hype the crowd about some shit idea and then make them invest money in it while the investors exit and abandon the project in a pre-planned manner.

This modus should be identified by every budding investor out there and avoided at all costs. Memecoins are no less and they have only made their owners and non-owning promoters rich and never the investors.


Title: Re: Do not be pulled by the hype of meme coins
Post by: yohananaomi on August 08, 2023, 03:16:04 PM
Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.
Many are tempted by the benefits of meme coin, but the profit is only temporary and mostly because of the hype. I completely agree that holding meme coins for the long term is a huge mistake that has been made.No one can guarantee until now that any growth from meme coins will last for a long time but will usually disappear after the project runs a few moments later.Maybe only Doge is able to last long enough because of the influence of Elon Musk, who is still fighting for it, but will it continue? Of course, it's hard for anyone to guess.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Freddie Boyer on December 01, 2023, 04:08:00 AM
Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.

I personally think the same about the meme coin you mentioned. Yes. a strong magnet may attract attention and generate short term excitement but its long term viability and potential return may be uncertain and non existent I think. My opinion, anyone here to focus on projects that demonstrate real value, innovative technology, and a strong development team. Save your money and your time, that it better.


Title: Re: Do not be pulled by the hype of meme coins
Post by: gabbie2010 on December 01, 2023, 06:31:07 AM
These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.
Some investors just wanted to ride on with the hype of some good meme coins by investing massively in some of them after earning some quick profits on the profitable ones consequently dump it and won't bother about the ones that failed having realized some profits from all their investment both the successful ones and failed ones unfortunately some newbie investors in their bid to make quick money after being being convinced that the hyped meme coin would be very successful they just invest blindly without any plan at the end incurred losses from their failed meme coins investment, personally I rather invest on reliable Altcoins instead of some shit coins.


Title: Re: Do not be pulled by the hype of meme coins
Post by: ichsan ardi on December 01, 2023, 06:08:11 PM
Meme coins are not your regular buy and hold kind of project. They are good for Short-term. One thing I came to understand in memecoins is that you need to act fast especially when the project start to pump really hard.
Memecoins are Short-term basis and require very little capital to dive in and possibly gain more than the  initial investment. It is very risky and can be worth it, as long as you don't put a good amount you are good.

I agree with your opinion that to enter meme coin you have to do quick research and very mature analysis to enter there and it's true that memecoin is not suitable for the long term because memecoin can be said to be just hype, don't put all your money there, buy coins that can. make it long term like bitcoin. Memecoin can be said to be gambling because it can make you rich and can make you lose all your money because the risks are very big, don't be fomo about it or follow other people on the internet, be smart, do your own research.


Title: Re: Do not be pulled by the hype of meme coins
Post by: MIner1448 on December 01, 2023, 06:50:56 PM
In the world of meme coins, at first glance, success seems to depend on hype and community size, which is highlighted by the case of Pepe. However, as history has shown, success is not guaranteed and some coins, such as Lovehateinu, fail to live up to expectations despite receiving rave reviews. But you still need to catch the peak of the hype and trade on these coins, because you can grow normally on futures if you approach each trade wisely.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Sophokles on December 01, 2023, 07:34:34 PM
Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.

Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.


Title: Re: Do not be pulled by the hype of meme coins
Post by: albon on December 01, 2023, 09:58:13 PM
Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.
The one who possesses massive capital power among the whales is the one who can move its price at will. If he wants to invest, he pumps the price; if he wants to sell, he dumps the price, affecting all holders of the meme coin who invested in it. Their decisions are not for any specific purpose or benefit the meme coin provides but rather to allow them to achieve unreasonable profits. I believe that, instead of risking capital in these shitcoins for trading or long-term investment, a person should put his funds in altcoins that are more useful and stable in the market. These altcoins offer essential features, solutions, and services needed for a massive user base. These investments are safer than memcoins, and their prices may multiply with the entry of the bull run, thanks to the valuable use cases they provide.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Sophokles on December 01, 2023, 10:20:32 PM
Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.
The one who possesses massive capital power among the whales is the one who can move its price at will. If he wants to invest, he pumps the price; if he wants to sell, he dumps the price, affecting all holders of the meme coin who invested in it. Their decisions are not for any specific purpose or benefit the meme coin provides but rather to allow them to achieve unreasonable profits. I believe that, instead of risking capital in these shitcoins for trading or long-term investment, a person should put his funds in altcoins that are more useful and stable in the market. These altcoins offer essential features, solutions, and services needed for a massive user base. These investments are safer than memcoins, and their prices may multiply with the entry of the bull run, thanks to the valuable use cases they provide.

I totally agree with your statement. We should invest in some project that has real usecase instead in some project that has no real value. No one wants to be the exit liquidity of a whale and in most cases, most meme projects dump on the investors money. What happens with meme project in the last bull run was just hype and i am not expecting any good out come from any existing meme project from the market. Doge, Shiba Inu and pepe all just lose their marketcap gradually.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Samlucky O on December 01, 2023, 10:30:00 PM
This topic will be more appreciated at the altcoin section than here.
I think this is an altcoin discussion and it's the perfect place to discuss it. Probably you are the one who is making the mistake here.

Then talking about those who venture into altcoin within just a hype of the project or even the community making too much promises without them understanding the real language of crypto. To me is a game of the wisest, meaning being smart enough could give you lots of opportunities than being just there thinking to make all profits by holding altcoin. I know those who hold for long always engaged their selves with holding bitcoin instead of altcoin. Moreover whatever called memecoin is a pump and dump which I won't encourage anyone to venture into it for long time investment.
That's actually correct, memecoin is a pump and dump and it's not encouraging. Why because memecoin one of the most deadliest altcoin. It is the most dangerous of the altcoin in crypto currency market. But one thing people usually do is that they classify all shitcoins and memecoin into altcoin, making altcoin look so bad where as it's not that bad like that. Even the speculation on altcoin I still see that most investors always use altcoin for fast transaction to scale through Bitcoin low network conjestion.


Title: Re: Do not be pulled by the hype of meme coins
Post by: batang_bitcoin on December 01, 2023, 11:21:17 PM
I think this is an altcoin discussion and it's the perfect place to discuss it. Probably you are the one who is making the mistake here.
Probably when the thread was posted, it wasn't moved yet here.

In the world of meme coins, at first glance, success seems to depend on hype and community size, which is highlighted by the case of Pepe.
Not just for Pepe's case but for most of the meme coins that have become popular, there's a lot of hype that's been made throughout the period of time. Take note of them that they've been built before the bull run and there's gotta be more coming this time and it's all up to their communities on how they're going to hype it. But if you're someone that have seen those hypes and the crazy pumps over the period of time, you may be excited or not interested at all on joining and buying these.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Obim34 on December 02, 2023, 03:38:50 PM
Not just for Pepe's case but for most of the meme coins that have become popular, there's a lot of hype that's been made throughout the period of time. Take note of them that they've been built before the bull run and there's gotta be more coming this time and it's all up to their communities on how they're going to hype it. But if you're someone that have seen those hypes and the crazy pumps over the period of time, you may be excited or not interested at all on joining and buying these.
Many people will get deceived by the hype from this meme coins and ignorantly invest huge amount of money into buying this shitcoins that will end up bring regrets. Some people will decide to learn from experience after loosing their hard earned money while others will understand the lies and deceit in their hypes and avoid taking risky decisions into venturing a whole lot of money into memecoins.
Memecoins at times can be profitable if we carefullly study the market and understand the basics of memecoins, at times even at our best study and observations we still experience loss, that is why it is highly recommended to enter into the market with funds that one can bear to loss. Mean while others are lucky enough to  make huge amount of money from memecoins. Their decision and understanding on when to enter and when to sell off helps them become more successful.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Samurai trieng on December 02, 2023, 03:40:49 PM
Yes, that's right, don't be easily influenced by the hype of meme coins because the risks are very big, but if you are good at reading market conditions, then these meme coins can give you big profits, for example like shib and doge coins, even though the price of these coins is manipulated by someone, However, many people have benefited from the increase in meme coins, and it cannot be denied that currently there are still many crypto users who are trying their luck with these two meme coins, in essence taking advantage of opportunities with current market conditions.


Title: Re: Do not be pulled by the hype of meme coins
Post by: Belarge on December 02, 2023, 07:35:27 PM
Yes, that's right, don't be easily influenced by the hype of meme coins because the risks are very big, but if you are good at reading market conditions, then these meme coins can give you big profits, for example like shib and doge coins, even though the price of these coins is manipulated by someone, However, many people have benefited from the increase in meme coins, and it cannot be denied that currently there are still many crypto users who are trying their luck with these two meme coins, in essence taking advantage of opportunities with current market conditions.
Opportunities are provided in the market everyday, we just have to be consistent in whatever activities we've engaged in and trust me, there should be no turning back other than facing what's good and beneficial for us. We have hypes all over the market, I've learnt my lessons and I'm never going to repeat such steps again. Memecoins doesn't always results in the require expectations, rather we just keep hoping for excellent results which will turn out to be beneficial for us. Don't be move by memecoins because they're always trending in the market, though it brings enough opportunities to enable us to grab significant profits.