Becareful with Meme Coins

[Dread Pirate Roberts]

everything is full of risks, but you have to have big capital if you want to get big profits in storing meme token assets, but for me it's better to find a safe point by investing in coins that have really good value in the market.

Yeah people should treat crypto investment like a conventional investment, we must know what purpose of the project in the future. and how about investing in meme coin? what is the future goal for the coin ?mostly no purpose and this type coin just follow what is the current trend on crypto community. me personally not really interested in coins like this.

[bhadz]

People never learn from the warnings that everyone gives. They tend to forget about this dumping news by the popular people in the crypto-verse.
Do not be too emotional investing in meme coins and you guys are not investing to good projects but you're only investing due to the hype that Elon has made.

[reza7777]

Maybe I'm one of the lucky ones to never be interested in meme coins (shits), everyone is just too crazy about memes and I don't know what's going on in their brains

[CaVO32]

Maybe I'm one of the lucky ones to never be interested in meme coins (shits), everyone is just too crazy about memes and I don't know what's going on in their brains

Not everyone though. Haven't touched any of these meme coins/tokens also. Because their lifespan is uncertain and short-lived. No use case so they can easily disappear in the market after the pump and dump of the dev team. Also, just take for example the SHIB project, if you will check their thread here in the forum, you will ask why they even made it to binance with that crappy ANN? So it is a matter of demand in the market why binance listed it. But it won't be long, people will start to get away from these meme projects.

[BitTraderCute]

meme coins purely speculation portofolio, if we want to earn high profits in short term maybe we could pick one of meme coins in market. there are allot meme coins with high trading volume so for liquidity we didnt need to worry, but the last tweet from elon musk haven't much effect to meme coins and becarefull with this condtiion.

[laohe628]

Maybe I'm one of the lucky ones to never be interested in meme coins (shits), everyone is just too crazy about memes and I don't know what's going on in their brains

As you say, i am one of the lucky ones too. I have no interest in meme coins, either. I never bought it since the beginning even when it was at its craziest. To be hones, it is too risky to me, i am not dare to gamble on it.

[maydna]

Perhaps, choosing meme coins is just for gamble and not expecting to make money from that coins. With the lowest price, people can play with that meme coins and use them for what they want. But still, that is a bit risky to invest in meme coins for big money as we do not know if the coin can increase in the future.

It is better to stay away from meme coins if you can not risk your money because many other potential coins that you can buy. Do not attract to what other people suggest before research.

[inanilujimi]

I personally would never hold on to any meme coin for a long time, at any time the price could plunge down according to the news and the pope's wishes. invest in meme coins must be prepared to lose otherwise you can go crazy for it.

[bluebit25]

I strongly support Vitalik's action with meme coins, it really proves that such things don't deserve to exist and has a negative impact on the market. I see a lot of coin memes constantly being created in the market, but I think this trend will soon end with the demise of some of today's top coin memes.

[Alisha-k]

Life is centered around risk taking so investors only need to apply caution and proper risk management because no one can accurately predict the move of any coin at any point in time as such greed should be far away from investors who wish to make excess profit from meme coins.

[indrakusumaindra]

Well any coin really. But yes, meme shits are more likely to be a rugpull, especially since they dont have a use case or public team

Definetly , look how much doge corrected from the top, and also others coins with no fudamental at all. It cant be trusted and its really bad decisions to invest on something that supposed to be a joke. You never know when people will leave and when you late you gonna lose big.

[ILuckyGuyI]

I also think that one should be extra careful when investing into meme coins. There has been an uptrend for them. But this could change at any time. Even Doge doesn't seem very credible to me. Elon Musk supports it but he doesn't guarantee that he'll always do that.

[DapanasFruit]

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.

It is a general loss and not only the meme coins that hadthen. Even bitcoin that is the king still suffered losses why won't smaller projects record some losses too. Etheruem also had a share of it likewise others. Meanwhile, people always make good money from whichever direction price is. What matters is spotting the right direction.

The whole cryptocurrency market suffered many losses because of the big dip that we encountered but we know that with meme tokens they can have a hard time in recovering when the market has already reached the bottom. And it can be because these meme tokens really do not have strong, solid and viable use-cases -  in other words, many of them are put up for the sake of getting the money for the developers and backers. This is the reason I don't ever invest in any meme token not unless I can be sure that it has a good potential for impressive growth.

[Dr.Osh]

Well, we don't know what will happen in the future, but right now I haven't decided whether to hold the meme coin or not. however, if I decide to hold on to it, I probably won't invest heavily. however, I'm very wary of the current meme coin. however, given the condition of this coin being manipulated, it was quite dangerous to hold it for a long period of time. yeah, but this is still on my mind. maybe if you want to hold on for a long time, use the free money you have, and forget about it for a certain period of time

[Bitcoinjheta]

all of us knows about meme coins which are good at a short period of time so you have to be careful in investing because risk are always there. otherwise, if you are not fan or following with meme will thats good you better stay away as early mand focus on the top potential coins with a fundamentals in the coinmarketcap.

[kryptqnick]

People should be aware that if there's a pump, there will come a dump. Such coins are worthless themselves and are basically at the mercy of big guys like Musk and Buterin. If one jumps on the train and then off during the right time, this ride can bring fast profits. However, it's also very easy to miss the right moment and indeed to lose a lot with such investments. But since people should invest what they can afford to lose anyway, such investments might be worth the risk for some people.
I avoid meme coins because I think the risk of not selling before the dump is too high.

[daenarys_stormborn]

I myself am really against the meme coin, because in my opinion meme coins like doge and shiba inu are just a joke coin that can rise due to temporary hype, not very suitable for long-term investment because it has no utility at all

[trauchot]

Of course, after all, meme coins are created only to make money, there is no longer any benefit from these meme coins and therefore many meme coins have already fallen to the bottom and because of this many investors have suffered, so if someone wants to invest in meme coins, then you need to invest only in the most top meme coins such as dogecoin and shiba, but it is better to generally try to bypass any meme coins and then you will have no problems at all.

[Ararbermas]

Meme coin is nothing, if you fell in it for sure you will lose money, so be careful and bear in mind that it exist only just to intimidate people about the circumstances.,    so stay away in it and focus on the project wherein surely you can make profits afterwards, such trusted crypto currency in the market..  It's alway too good to be true so stay away to those who's saying meme coin is better than those trusted coin in the market because they're really desperate just to convince crypto enthusiast, so be aware.

[Cling18]

Meme coins were originally made for fun and as long as it isn't functional, I don't think it's worth buying. It's just being manipulated by huge influencers that could cause a massive pump and dump later on which is actually risky. As for me, it's better to buy and trust well-established coins which couldn't be manipulated by hype.