Becareful with Meme Coins

[gurunanakji777]

I believe these are short-term gain coins and one must be very careful while investing in meme coins because I see most of the investors are looking for 2x or 10x profit in short term but practically not everyone book the profit like this on the other hand majority of the investors book loss rather than profit. I agree one should always trust the top and tested coins for long in the market. I always keep away myself from the hype coins I always trust the product base coins like Ethereum, BNB, DOT, and Tron.

[livingfree]

I have always disagreed with the existence of meme coins such as doge and shiba inu, because in my opinion these coins have no utility and have no advantages at all compared to other altcoins, meme coins only rose due to temporary hype

Dogecoin has been used really for real as alternative transfers during the high fees of bitcoin and Ethereum.

But right now, both of them have cheaper fees so there's no need for any alternative as it's already been solved by bitcoin and ethereum. It's okay to have such coins as Doge but we don't need more of them.

That's what the problem is, they keep coming.

Just like ICO, IEO, Defi, these meme coins will also be going to spread but I think that we are already aware of the situation, and it's up to us if we invest in them or just ignore them.
Actually, some of these meme coins just pump during the bull market and many have become profitable that is why many newcomers encourage to invest in meme coins. However, if we think about long-term investment, this is not a wise decision.

It has already spread a lot.

But it didn't take the highlight for too long because the market started to drop and everyone's sentiment has become bearish. As I've said, a lot have used it for transfers.

Not for the sake of investment, it's only for Doge but I don't know with the other meme coins.

[Digital_Lord]

Now the meme coins have reached their real position. I think now they will never recover and touch their ATH. DogeCoin is still doing good because it is an old one. All other meme coins are new and made after Elon Musk's tweets. I think now we all should leave the talk about meme coins and start investing in altcoins and Bitcoin. Because they are our market's future.

[Karartma1]

Memecoins bubble already popped. It couldn't survive such market drops and I'm very happy these memecoins will disappear soon. I've said it many times here, these memecoins remind me the altcoin craze when everyone was able to launch a shitty coin, premine it and launch it here on bitcointalk.
Don't waste your hard earned money on this shit.

[caryoscar]

If you are a very gambler, I would not wonder why many people invest and participate in MEME coins, because they do not consider the value of MEME coins, but the growth multiple of this cryptocurrency is fascinating.

The sharp rise and fall are the characteristics of this digital currency. People are blindly full of endless hope for MEME coins.

Those who may participate in gambling have no time to think. Especially some sad novices are very active to give their funds to others.

These novices are sad, pathetic and hateful.

There are many people, including myself, sometimes sober about their investment and operation strategies---fast in and out, no reluctance, and run if it is profitable.


but they will not tell you the exact time point. This is gambling.

[wajik-tempe]

I'm sure vitalik is just speculating for buying those coins, looks how he donating those profits to a charity that means he don't really mean it when he bought the coins without any price prediction or any analysis, i'm sure it's just a pure speculation with few of his portofolio

[dezoel]

Another thing about meme coins is that it is not a long term investment, so you should be very quick to get in and get out to make a profit, and maybe you will get in at the wrong time and very quickly end up losing money as well who knows? I personally believe that we should not be looking into making a profit that quickly and try to find things that would make us a profit in the long term.

However meme coins are literally opposite of that, the only single chance that you have is to get in, get lucky, price goes up right away, sell and get out that’s it, if you can do that inside of a week and make a profit then you will, otherwise you are risking all of your money. All those shiba and stuff will go towards being worthless very soon and dogecoin will go towards being out of top 20 once again in the near future as well, probably will be out of top 20 in 2022 at the very latest.

[kak uli]

investing in memecoin is a stupid choice in my opinion. Most of the time I noticed that the developers were only looking for profit from many investors. so that many investors no longer believe in digital currencies

[cliber]

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

I agree with the meme coin, but if we invest in this coin we have to use the annual formula, meaning we buy coins to keep and we spend when the price rises. this potential usually works if practiced, indeed meme coins usually don't rise at high numbers, but if we buy in large and large quantities and then we store it for a long period of time, it has the opportunity to rise from the price we bought. I prefer to use this method to invest on the grounds that small capital gains in the future are much larger.

[Karartma1]

Memecoins bubble already popped. It couldn't survive such market drops and I'm very happy these memecoins will disappear soon. I've said it many times here, these memecoins remind me the altcoin craze when everyone was able to launch a shitty coin, premine it and launch it here on bitcointalk.
Don't waste your hard earned money on this shit.

Meme coins still alive now and looks like alot investors or traders interested to speculate some money into this coins. Meme coins haven't over yet and still have growth in their community. Day by day since Elon musk Shill Doge alot developers team  confidence to create the new one projects, they recognized it is best time for them to earn money from shit projects.

I'm sorry for those who you think will invest in this alive market. If the cryptocurrency market is super risky, the memecoins one is super risky! If people intend to waste their money, they're free to do so, but I'll try always to warn everyone about these shitty projects.
Elon Musk, if there was regulation on crypto, should be in jail by now.

[Fredomago]

Memecoins bubble already popped. It couldn't survive such market drops and I'm very happy these memecoins will disappear soon. I've said it many times here, these memecoins remind me the altcoin craze when everyone was able to launch a shitty coin, premine it and launch it here on bitcointalk.
Don't waste your hard earned money on this shit.

Meme coins still alive now and looks like alot investors or traders interested to speculate some money into this coins. Meme coins haven't over yet and still have growth in their community. Day by day since Elon musk Shill Doge alot developers team  confidence to create the new one projects, they recognized it is best time for them to earn money from shit projects.

Developers who are riding to this kind of fame are trying to make money with traders and investors who are willing to lose their money, there are people who still hoping to catch up with new Memes and make decent money out from their investment.

We can't deny that those greed people will continue to support this kind of project even they are well aware that there's a high risk losing their investment.

Willing to continue and support influencers and those pump and dump facilitator.

[Renampun]

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

today I'm trying to stay as far away from meme coin as possible, it's really not profitable...

Shiba inu and dogecoin have made many people millionaires but made many people poor too. Coins whose prices move based on hype really have no future.

[deathcode]

today I'm trying to stay as far away from meme coin as possible, it's really not profitable...

Shiba inu and dogecoin have made many people millionaires but made many people poor too. Coins whose prices move based on hype really have no future.

at least it will provide valuable experience for investors and traders to stay away from meme coins. or if indeed they have good experience and skills, I think some of the traders have already benefited.
don't focus long-term on meme coins. they are just running the hype. once all is done then they can be worthless.

[19Nov16]

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

I invested some Meme coins and was happy to get big profits, even though I didn't dare to put all my money in Meme, of course I made strong coins a priority. You're right because coin memes are very risky and it seems that coin memes are a trend that can't last long time.

[hd49728]

I invested some Meme coins and was happy to get big profits, even though I didn't dare to put all my money in Meme, of course I made strong coins a priority. You're right because coin memes are very risky and it seems that coin memes are a trend that can't last long time.

Congrats because you won.

I'd like to ask even you won with meme tokens, do you really think what you did is investment?

Investment in meme tokens, is it good? Dogecoin can be considered as a good altcoin to invest. When it has cheap price and it is a meme coin too. Meme tokens appeared since 2020 and Dogecoin is a meme coin, not a meme token.

I meant and wanted to ask you about meme token investment.

[pawanjain]

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

We must know why a particular coin is called a 'meme coin'. The sole purpose of these coins if entertainment but people still buy it hoping to get rich from it.
I don't understand why people even bother to buy such coins as they don't have any potential project.
Yes, some people might still benefit out of the volatility and price but ignoring the purpose of the coin is a mistake.
I think the only people buying such meme coins are the greedy people who think that meme coin will make them rich eventually ending up in losses.

[sammy21]

I invested some Meme coins and was happy to get big profits, even though I didn't dare to put all my money in Meme, of course I made strong coins a priority. You're right because coin memes are very risky and it seems that coin memes are a trend that can't last long time.

yes, the meme coin trend will be short-lived, there will only be time for them to go back down, maybe it will only work in the past, for people who are able to correctly read the situation when to start on meme coins and stop on time will greatly benefit.

[peter0425]

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

today I'm trying to stay as far away from meme coin as possible, it's really not profitable...

Shiba inu and dogecoin have made many people millionaires but made many people poor too. Coins whose prices move based on hype really have no future.

This is nothing but a Pump and Dump coins and even that Shiba Inu is sooner will vanish from top coins as Meme coins can't provide product and any positive help towards crypto holders.
i would rather choose shitcoins than Memecoins .

memecoin does have a very high risk but behind it all we can get a lot of profit from memecoin, it's just that in my opinion there is no guarantee that you can always make a profit unless you apply long-term trading like what happened to dogecoin holders can get a lot of profit.

If you cn find the literal pumping one then yeah you can make profit , so what is the difference from Shitcoins?

[iTradeChips]

The prices of these meme coins they got it from pure hype that happened in the first quarter of the year. And these coins were the ones affected so hard by the dump. The people who bought these shitcoins should know the consequences of their actions, and knows that these decrease in price is part of the consequence of their trading. It is all clear that these meme coins were made for the pump and dump and people just continue to buy it anyway. Newbies to crypto currency were able to continue believing this kind of schemes. I mean they are not doing bad its just the pump and dump schemes just make many lose their assets.

[Shasha80]

I can testify that meme coin is bad investment and most probably just for short term profit and after that the price slowly decreasing down to the lowest point. From that it would be difficult to bounce back again since no real use case to expect that can boost the price. I will never buy meme coins again because I lost my money almost in meme tokens. Sad truth.

Sometimes we really have to experience bad things first, to understand investing in meme coins is a bad choice. It is not only you who experience
losses when investing in meme coins, but many people who experience losses when investing in meme coins. Most people are influenced by Elon Musk
who has promoted meme coins several times through twitter, so this is an important lesson for all of us. That investing in crypto don't trust other
people 100%, we should also do research and analysis, so as not to make the wrong decision.