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It definitely could. But it's a high-risk asset, I wouldn't be too sure about that. It's pure gambling, if you want to invest just throw some money you don't need in it.
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You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
op if u want to buy meme coin.don't buy meme coin its risky really very risky. op If you want to buy meme coin then you can't buy it long term. Maybe you can buy it for a short period of time. Then check the market and give the sale. But I would advise you not to buy meme coin because I have lost a lot by buying it. So I would definitely advise you not to buy meme coins. So many words just to say "memecoins are dangerous". Anyone with a brain knows that memecoins are risky, people can make their own decisions. I'm simply not buying them at all. |
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In less than 24 hours today FTT token has pump at about %51 from $1.22 to about $1.80 so I said let me bring this information to the forum if there is any possibility that this token Can still recover to it's all time high again. Because sometimes one can use such opportunity to achieve something.
Although we talk about bitcoin investment always but just decided to share with us
You can share your thoughts on this.
It is a great gamble, or at least was. Quite a few speculators going to be rich af especially if they ever announce that FTX will be opened again (and if it doesnt immediately come with: but no FTX token) then AH is guaranteed. It's not that great. I mean, it's very risky, but doesn't seem like a reward is equivalent to that. FTX will be opened again, they are working on it, but who will use it after what happened? |
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I'd say it's better to refrain from PYUSD at all. Unless you have no other choice for some reason. |
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There was a time when people used to like these meme tokens. It will be wrong if you say these are coins. But people started to believe that most of these tokens are scams. There is a reason behind it. Most of the token developers run away once their tokens get valuable. People loves these coins for a reason.
Don't really remember those times after everyone started copying DOGE, to be honest. Feels like all of them just trying to make a buck and not being honest. |
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No one truly knows. Don't ask for financial advice from strangers on the internet. Most likely at least some of them will just shill you some shitcoin they believe in or are even involved in.
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Memecoins are trending because their creators are pushing it, and at some point, if they are lucky, people are buying it and talking about it. Just like regular memes, memecoins point only in hype and trends.
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Even if it's not a scam it doesn't seem like it's worth money or attention. Do what you want, buy I'll just avoid it.
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How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?
There are a few steps before you buy any coins, especially meme coins. The first is to visit a website that shows you trending, newly launched meme coins. You can check the daily gainer section and start to invest with unique and catchy names. The second step is to stay active on social media and follow genuine social media meme coin influencers. And you can join a telegram group as well, because there are many telegram groups that are made specially to spot new meme coins at very early stages, so you can take advantage of such groups. And you also have to understand that 90 percent of these meme coins fail, and most of them are pump-and-dump, so learn about the risk before investing. So your last sentence just crosses out everything you said before. Even if the developers are truly trying to make some new good and catchy project it can fail because almost everything that matters in memecoins is luck and trends. |
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With social media such as Reddit and Twitter gradually introducing their userbase to crypto the next hype trend could be SocialFi coins, do you suggest investing on those coins or too risky?
I'm not investing in them, I just receive some. If you're talking about DONUT and the same stuff. I wouldn't suggest anyone invest in it, but if you're a Reddit user making a MetaMask to get it will not harm you. I don't think it will introduce many to crypto, but it's fun for those who are already in. |
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You believe "HODLing" to be the easiest way out? I mean, certainly, less stress and less daily decision-making. However, remember that even a long-term strategy requires efforts. The safety of your wallet, the regulatory landscape, and technological advancements such as forks all require your attention. Long-term may be less demanding, but it is by no means "set it and forget it".
If you can "buy and forget", that's better. Most people (including me) can't forget about investing in bitcoin, I always look at bitcoin price movements, if the price of bitcoin continues to fall I will panic and rush to sell my bitcoin. If you could buy bitcoin and forget about it, I'm sure in 10 or 20 years the price of bitcoin would be even crazier. And I dream of being able to do that, so that my bitcoin investment can become a retirement fund in my old age For bitcoin wallet security, I would probably recommend using a hardware wallet, because it's the most secure. You can, it just requires a little bit of working on yourself. It will help you in many ways, not just in investing. Almost everyone panics at the beginning. You need to learn how not to do that. |
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Well, I bought it. I felt good. I bought some more immediately. And started DCAing since then.
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My expectations are that the market either will be a bit steady or will go down even more. I wouldn't mind any of those options, grabbing cheap coins is always great.
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For me this is very subjective and they are two different things. The point is that at the Bank we will get a fixed passive profit, for example your deposit gives you 8-10% interest a year. In contrast to cryptocurrencies which are like investment instruments where you can get profit or risk losing your money.
I think this is an unfair comparison. We should compare crypto to stocks, not to simple saving bank accounts. |
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The tron network is now the most usdt-friendly network. Commissions are the smallest of all common blockchains. Transfers from one country to another are very fast. All this makes it convenient to continue using this network. I am sure that now tron is more reliable than other blockchains.
That's why I chose it. Too bad fees got higher lately. But it's still good. |
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Bitcoin has a specific number created which everyone has already know total supply as a Bitcoin users, in other words Bitcoin is Lost is gone for ever, because the private key or password doesn't share to anyone, which is a individual risk holding in a private wallet and that is why is good to go for knowledge before enroll Bitcoin business.
You just posted a Wikipedia page just with your words. Yeah, we all know that. It's kinda sad that it can't be recovered at all. Yeah, Bitcoin requires preparation and security, but it's not just you losing Bitcoin, it's lost forever for everyone. |
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None of those options are good. It's irresponsible to let someone else work with your money. And even more irresponsibly to let some bot work with it. You will learn nothing even if you lose money.
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if you are not sure, it is better not to invest))  True, but it doesn't mean you shouldn't discuss it at all too. But yeah, you can even ask about Bitcoin and some people will say not to buy it, and if you're not sure you might be easily discouraged, it's better to make up your mind after a research. |
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If you want to buy BNB right now i think it very risky because the problem between SEC and Binance is very intense. But if you dare to take the risk and believe with the binance will gonna win against the SEC then you can throw your money to buy this coin.
Look at BNB now, the price is not recovering even though the Bitcoin price has risen to $ 30k, this is why we have to avoid altcoin projects that are in trouble, this case is the same as XRP, when Bitcoin experiences a pump, XRP has no reaction, and it can even dump. Maybe BNB will also experience the same thing with XRP. Yes, you're right. Also, I think buying coins or tokens that are related to exchanges is dangerous. If Binance really doesn't have all users crypto it will die, and BNB will die with it. |
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Litecoin is one of the potential Altcoins, therefore it is impossible for it to just die because it is still in great demand by traders and investors. it's just that the development team needs to be able to compete with other projects in order to raise its ranking.
However, to outperform Bitcoin will certainly not be possible, if the target is to become the top Altcoin ranking, of course, it still has the potential and hope to be able to compete with other Altcoins.
I agree with you. Also, I'm used to thinking about Litecoin as a currency, not as an investment. So for me, price doesn't really matter, I'm using LTC because of fast, cheap, and secure transactions. And I think I'm not the only one. |
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