Memecoins: Not all that glitters is gold

[Qiubell5]

Some of you might have come across mind blowing stories of how an investor turned few dollars into millions of dollars, simply by buying memecoins such as DOGECOIN, SHIBA or PEPE when they've not really gain popularity and later sold at a big marketcap. While this may seem very tempting to some persons, the bitter truth is that these investors fail to tell their audience how many times their hands were burnt and the losses they suffer.

Few days ago, a memecoin investor invested a whooping $1,000,000 dollars in MBAPPE coin and within an hour, his investment was brought down to $9,200 dollars when the scammer removed liquidity causing the price to plummet. Now, this is just one of many sad stories of investing in memecoins.

Imagine if the investor had invested in Bitcoin, no matter how deep the chart gets it will surely bounce back and there's certainty that he'll get his money back as well as some profit, but in this case his investment is gone and gone forever. My advice to newbies is that you shouldn't be carried away by memecoins because of the price swings. They are dangerous, not worth it and the risks outweigh the gains.

There is a popular saying that any thing good takes time and it's worth waiting for. The bull is around the corner, invest in Bitcoin instead and HODL.

from all of that depends on the luck that we get, especially memecoin and it all starts with the precision that they do, even though it has a high level of risk but all of that can happen without us thinking, by observing the increases and decreases that is what needs to be done for these coins.

[alastantiger]

I will advise by giving out this tips, don't invest on any memecoins all because of the way of their appearance without you making research on the purpose for their project creation, knowing the team of developers behind it and how to safely invest on it, secondly on this, we should not be moved by the influencers who make series of promotions for some of these crypto projects, it's also a call that we should be careful because not all they say are true.

None of this criteria will give you the best memecoin to invest into, why you may ask is because the best memecoin that have done so well didn't meet any of your criteria. Shiba inu doesn't have a known founder and dogecoin founder doesn't own any of his creations hence memecoin aren't project we're meant to do so many research on because after all your research, you can still invest into a memecoin that'll end up scamming you. The best memecoin are the ones that get the most hyped. Being smart, all you have to do is invest and sell during the peak of the hype. Memecoin can't be treated like serious investments with all the research and inside digging being done. Investing in a memecoin is a risk that you're going to lose more times than you can win hence picking the correct memecoin to invest inside is just by chances. Investing in many won't save you either because your chances of losing doubles as you invest more.

[X-ray]

from all of that depends on the luck that we get, especially memecoin and it all starts with the precision that they do, even though it has a high level of risk but all of that can happen without us thinking, by observing the increases and decreases that is what needs to be done for these coins.

the problem with meme coin, observing increases and decreases is not really sufficient, when you're buying meme coin, really you're just betting on yourselves whether or not you are buying into a rugpull or actually genuine coin.

this is the reason why meme coin with no dev holding some percent of total supply are the ones choosen by the market to go up really high, because the market themselves also know that the possibility of rugpull is bigger when devs or there are wallets holding big total supply of the meme coin.

so definitely, there's something much more going on into observing which meme coin deserve the buy, even then no guarantee that it will grow that high, only very few meme coin actually could grow. in the case of reading the price chart of meme coin, I can say confidently that meme coin doesn't follow the routine that other coin has which always abide to technical analysis, meme coin is completely different kind and could just go up and down disregarding TA.

[fikrett]

from all of that depends on the luck that we get, especially memecoin and it all starts with the precision that they do, even though it has a high level of risk but all of that can happen without us thinking, by observing the increases and decreases that is what needs to be done for these coins.

It's really just about hope put into the coin. It can bounce, it can be - reanimated - in a way in a half year or two, many things can happen to memecoins that we can't really predict or notice when it's needed.
A lot of analysis and watching through the events following the coin is needed to take a decision what to do next.

[mdzahed134]

Investing in Bitcoin can be thought of as risk-free. We know Bitcoin is also risky but if you hold Bitcoin for long time then it will not be risky you will definitely profit. Memecoins are like a storm, investing in memecoins can expect high profits but is very risky.

Yes, it's best to stay away from meme coins. Investing in memecoin can lead to many losses. Many people have lost a lot of money by investing in meme coin, they have not been able to recover yet. But those who invested in Bitcoin and suffered losses definitely managed to recover. However, those willing to take risks can invest in meme coins. To stay risk free, invest in Bitcoin and hold for a long time.

Investing in meme coins and expecting guaranteed returns is completely rare. Meme coins can be exciting, also risky but sticking with Bitcoin or other major, proven coins is usually a safer bet anytime. Unfortunately people don't realize the risk until they fall victim to a scam, but if they catch on in time, there's still a chance to recover their money.

Yes you are absolutely right. meme coin is very risky and the reason people invest in it is because they want to get rich very fast. But they don't know that they are taking a big rick without their knowledge. But currently there are many coins that offer good returns to investors but it is really foolish to expect more. One thing I really like about you is that he doesn't know how big of a risk he is in until he gets scammed, which is great. I think investing in altcoin is much better than meme coin because it is much easier to recover the money even though it has risk.

This is the main reason people’s are investing in MEME coins, they knew that MEME coins are high risky investment also high profits which can be change their life, so that they're too attractive to catch newly MEME coins, if luck will their favour then they can rich in a day. Real investors will never make big investment in MEME coins, mostly newbies invest in MEME coins because they have no research about cryptocurrency market.

[rhodelmabanal]

Some of you might have come across mind blowing stories of how an investor turned few dollars into millions of dollars, simply by buying memecoins such as DOGECOIN, SHIBA or PEPE when they've not really gain popularity and later sold at a big marketcap. While this may seem very tempting to some persons, the bitter truth is that these investors fail to tell their audience how many times their hands were burnt and the losses they suffer.

Few days ago, a memecoin investor invested a whooping $1,000,000 dollars in MBAPPE coin and within an hour, his investment was brought down to $9,200 dollars when the scammer removed liquidity causing the price to plummet. Now, this is just one of many sad stories of investing in memecoins.

Imagine if the investor had invested in Bitcoin, no matter how deep the chart gets it will surely bounce back and there's certainty that he'll get his money back as well as some profit, but in this case his investment is gone and gone forever. My advice to newbies is that you shouldn't be carried away by memecoins because of the price swings. They are dangerous, not worth it and the risks outweigh the gains.

There is a popular saying that any thing good takes time and it's worth waiting for. The bull is around the corner, invest in Bitcoin instead and HODL.

Very sad story mate and i believe that it can happen to everyone,investing specially in meme coin is a big risk,and i think only newbie didn't know about it,that is why i always says that if we are in the stage of learning we need to only use a small amount of money as capital,because we still don't know how risky meme coin is, just use an amount that we can afford to lose and everything will be fine,we maybe lose today but when we already know the strategy we can surely earn in the future.

[FortuneFollower]

Some of you might have come across mind blowing stories of how an investor turned few dollars into millions of dollars, simply by buying memecoins such as DOGECOIN, SHIBA or PEPE when they've not really gain popularity and later sold at a big marketcap. While this may seem very tempting to some persons, the bitter truth is that these investors fail to tell their audience how many times their hands were burnt and the losses they suffer.

Few days ago, a memecoin investor invested a whooping $1,000,000 dollars in MBAPPE coin and within an hour, his investment was brought down to $9,200 dollars when the scammer removed liquidity causing the price to plummet. Now, this is just one of many sad stories of investing in memecoins.

Imagine if the investor had invested in Bitcoin, no matter how deep the chart gets it will surely bounce back and there's certainty that he'll get his money back as well as some profit, but in this case his investment is gone and gone forever. My advice to newbies is that you shouldn't be carried away by memecoins because of the price swings. They are dangerous, not worth it and the risks outweigh the gains.

There is a popular saying that any thing good takes time and it's worth waiting for. The bull is around the corner, invest in Bitcoin instead and HODL.

Very sad story mate and i believe that it can happen to everyone,investing specially in meme coin is a big risk,and i think only newbie didn't know about it,that is why i always says that if we are in the stage of learning we need to only use a small amount of money as capital,because we still don't know how risky meme coin is, just use an amount that we can afford to lose and everything will be fine,we maybe lose today but when we already know the strategy we can surely earn in the future.

I am with you here, we should only use what we are willing to spend.
Otherwise, things may go south really quickly, and nobody wants to experience that, especially on the start of their journey.
It's essential to trade and invest responsibly.
(also, a little note not related to your post, I think your signature campaign isn't looking the way it intended like on others).