Becareful with Meme Coins

[kapalmabur]

Here in India, there was not much media coverage about the $1 billion donation from Vitalik Buterin. On the other hand, when the cricket player Pat Cummins donated $30,000 for COVID relief in India, the newspapers covered it in the front page. I was really disappointed with this. Even now, 99% of the Indians don't know that Vitalik made such a huge donation in the form of SHIBA INU. And some people even managed to criticize him, claiming that he is just trying to dump the useless tokens that he received. Contrary to their expectations, SHIBA held on to its price.

Vitalik's act like that, I find it to be a humane and meaningful act. And for them making people's lives better is more important than money, money can be an important tool in life, but it is not necessarily the only one. As for meme coin trends, I see bullshit, but it's okay if it has the ability to bring other positive values, I think it's not a big deal.

I don't think the coin meme trend is going to last long and it's been proven,
to invest in coin memes of course it is very risky and needs to be carefully considered,
it might be much better to invest in the top and more promising altcoins too

[Kasabus]

Of course if we invest in meme coins like that all we can do is buy and sell them when we get a profit, and to make long-term investments for such coins is obviously very risky. But if you really believe in a good future for this coin, it's better to buy in small quantities because the current price is still very cheap.

Meme coins although risky to invest but i think they are profitable for now. So buying even a small part of them might also bring profits somehow. But if i were to invest with huge funds, i prefer to put my capital into those old and established coins that have been very profitable since then. New coins like these meme coins might be profitable but i think they are only good for short term investments and won't survive for long term.

[accounting 181293]

Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu

All these meme coins are just jokes for real, the way they are easily pumped and dumped is something else.They all went up very high, and then all of a sudden they crashed , and to make it worst they crashed more than other coins like Bitcoin. Imagine someone that held their coin throughout the bearish times of these meme coins. I saw a lot of people complaining of what they have lost due to the meme coins crashing.

And it just happened instantly and resulted to a lot of loss. Investing in them is something you will have to do to your own risk, and you also have to understand that you’re taking risk in doing it, so you have to thread carefully. If you’re lucky, there is every amount of possibility that you will make huge profit at the right time, and if not, then it’s going to be some serious loss.

I agree with you, meme coins are a joke. investing in these coins looks like gambling. It takes a lot of luck to make a profit. and because of this, meme coins are not a good investment. the risk is too great, and when the price falls we never know when it will rise again.

[Ndlongap Ndlongop]

Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu

Meme coin certainly makes crypto users surprised, it is trending and popular for now, for me this is a good thing because it can get big profits, maybe next year the market trend will change.

[devil2man]

yes the actual value of the meme coins is given only by the hype, by the interest artificially created around them through tweets and posts aimed at increasing attention and obviously very risky to invest in them but in any case no more than investing in other shitcoins

[JohnBitCo]

yes the actual value of the meme coins is given only by the hype, by the interest artificially created around them through tweets and posts aimed at increasing attention and obviously very risky to invest in them but in any case no more than investing in other shitcoins

I have made this thread on 14th may and warned everyone that do not run after Meme coin. We all have seen that as soon as the bitcoin dumps a bit, these meme coins just dumped like crazy. Even Elon Musk can't save the Doge coin in this mini bearish period. When you see all the meme coins and shit coins pumping like hell, it shows the end of bull season (for some time atleast).

[nhaila]

In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.

Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.

[RealMalatesta]

You may be right in what you say, but for example Divi with its Masternode or staking you will always see its good returns no matter what the market is like.

You know what you are doing right is termed in the crypto world? It's called shilling.

Literally, all the posts you have made on the forum are in support of Divi which means you are either part of the team who don't have a standard budget so these guerilla marketing techniques are being used or you just are paid to shill around for it.

I don't ever invest in meme coins because look any project that doesn't have a long term vision is just being bought and sold for its price rather than its usability or the value it brings.

[perfect999]

When the price of Dogecoin rallied everyone wants to take that opportunity and run their own version of the coin and now i lost count about the number of projects in existence aiming at luring the investors promising that i could be the next hype train that could rally and there are some similar coins that made a huge rallies but no one can assure you that the new meme coins will survive.

And some of them are getting good interest from the investors because everyone thinks these coins will be pumped while actually, I don't think any of them will be pumped at all. It's sheer lunacy in the market right now that any coin is coming with a meme or doge coin theme and people are buying it.

Meme coins are fun, but you should never put serious money on them. Its fun to throw a bit of money at them but your heaviest bags should be backing projects that build real products.

Either that or meme coins only suitable for short-term and sharp trading. If you see a meme coin is being hyped you may buy it to sell later, like Elon used to make tweets, smart traders will immediately buy the coins and wait for the bubble to hype up and once it has heated up nicely, they will just sell and get out of the market for the time being.

[pixie85]

yes the actual value of the meme coins is given only by the hype, by the interest artificially created around them through tweets and posts aimed at increasing attention and obviously very risky to invest in them but in any case no more than investing in other shitcoins

I have made this thread on 14th may and warned everyone that do not run after Meme coin. We all have seen that as soon as the bitcoin dumps a bit, these meme coins just dumped like crazy. Even Elon Musk can't save the Doge coin in this mini bearish period. When you see all the meme coins and shit coins pumping like hell, it shows the end of bull season (for some time atleast).

That's because meme coins have no intrinsic value. They are made for speculators and traders to have some fun and they have their place in the system as pump and dump coins.
Since Dogecoin was made to make fun of bitcoin actually investing in it is stupid. You're paying money to someone who doesn't respect bitcoin and thinks anybody can make a woirthless cryptocurency and make money from it.

[newdevices]

In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.

Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.

Need to think carefully before deciding to invest in coin memes,
because we know that investing in meme coins is much more risky than altcoins,
other than that coin memes cannot survive in the crypto market

[imstillthebest]

In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.

Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.

Need to think carefully before deciding to invest in coin memes,
because we know that investing in meme coins is much more risky than altcoins,
other than that coin memes cannot survive in the crypto market

what analysis and what thinking or decision are they going to make ? its already in the name meme coin that they are not serious .
if you are a serious investor and you dont want to waste money you will only invest in serious coins because they have a future .
last time i also warned my friend about the meme coins but found out that he invest all of his money .
 some people are just hard headed

[Fredomago]

what analysis and what thinking or decision are they going to make ? its already in the name meme coin that they are not serious .
if you are a serious investor and you dont want to waste money you will only invest in serious coins because they have a future .
last time i also warned my friend about the meme coins but found out that he invest all of his money .
 some people are just hard headed

yeah right! there are people who keeps on insisting that the chance still there if you place your money in much earlier time, not  knowing that manipulators (pump and dump groups) already have huge bag holds that's awaits to sell out.

Meme coins designed to serve it's purpose if you are a serious trader / investor finding real project that have real case usages is far better than trying to ride with this kind of projects.

Be more practical in choosing where to place your money while you are inside this market.

[Zilon]

Meme token are moved by hypes and as such it's wiser to invest with caution although it has made more ROI compared to other tokens in recent times but with the current status of most meme tokens it's wiser to invest what you can afford to loose. I guess Shiba Inu down by 1.5% in less than 32 hours is really a call to caution for meme investors to apply extreme caution to avoid investing in a project that might hang their funds

[Devifajarina]

Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu

speaking of risks, all coins have their own risks, considering the price of cheap coins, depositing large amounts is very unlikely, except for trading in the long term, considering that in the long term the price will increase quite large, so the coins we buy are cheap will experience an expensive selling price, and this habit takes quite a long time, our weakness is that we cannot be patient for a long period of time being too hasty in analyzing the increase in the price of the cheap coin

[bison]

I think not all meme coins are bad. All crypto coins have risks to invest including meme coins. So far I've never invested in Meme coin I'm just more interested in investing in ETH, BNB which already has strong fundamentals.

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

[tvplus006]

I think not all meme coins are bad. All crypto coins have risks to invest including meme coins. So far I've never invested in Meme coin I'm just more interested in investing in ETH, BNB which already has strong fundamentals.

The Securities and Exchange Commission of Thailand is more categorical about meme coins. According to the new rules, trading in meme coins is completely prohibited https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8994. These rules apply to Elon Musk favorite coin-Dogecoin. The SEC of Thailand has given exchanges 30 days to delisting the meme coins.

[m.rifki]

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

Perhaps right now the doge coin is the most striking meme coin, which as you said has provided a lot of benefits to those who managed to read the situation, but as for other meme coins, I personally haven't seen its potential, and until now I'm not interested in taking it either.

[viananda2525]

I think not all meme coins are bad. All crypto coins have risks to invest including meme coins. So far I've never invested in Meme coin I'm just more interested in investing in ETH, BNB which already has strong fundamentals.

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

MEME coin have no different with other coins its only have no utility at all and no developtment in product or other things. but MEME could not ignore by us, its still be alternative assets in crypto market when we see there is no new good project anymore, most of holder use it as speculation assets and already calculate the risk.

[Johnyz]

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

Perhaps right now the doge coin is the most striking meme coin, which as you said has provided a lot of benefits to those who managed to read the situation, but as for other meme coins, I personally haven't seen its potential, and until now I'm not interested in taking it either.

DOGE is the most established meme coin and the rest are just trying to follow the hype by creating another meme project without a concrete plan in the market, and as you can see right now they are failing big time. Yes, there’s a lot of meme project before that rise unexpectedly, but without a hype they’ll die and they are starting to disappear now which I can say, this is indeed a healthy correction.