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Author Topic: Are the older Meme coins a good investment?  (Read 1086 times)
kevindjunaidi
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June 04, 2021, 11:47:34 PM
 #21

I never agreed to invest in meme coin, because meme coin don't have a function, so you will definitely lose your money if you invest in meme coin for the long term (the risk is very big), therefore instead of investing in meme coin, it's better if you invest in coin that have a good product and function for the future, because you will definitely get a big profit and the risk is also smaller than you invest in meme coin.

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June 05, 2021, 01:24:36 AM
 #22

I never agreed to invest in meme coin, because meme coin don't have a function, so you will definitely lose your money if you invest in meme coin for the long term (the risk is very big), therefore instead of investing in meme coin, it's better if you invest in coin that have a good product and function for the future, because you will definitely get a big profit and the risk is also smaller than you invest in meme coin.

I agree that long-term investments are strongly discouraged from investing in meme coins. Because there are no clear functions and uses for
the future, it's a bit of a gamble if we decide to invest in meme coins in the long term. There are actually many other choices of coins that are
much better than us spending our capital buying meme coins. Even if we want to invest in meme coins, we should only do it for the short term.

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June 05, 2021, 12:33:41 PM
 #23

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalk.org/index.php?topic=1308769.0

I know there are many more but not sure about the others that are still around and family friendly.

Your call!

You dont know on what comes next with these meme trash coins on where someday these coins would have significant value just like on what happened in Shiba inu but well chances are way too small to consider.

Thing here is that you should only invest on the amount you can afford to lose and just put up and forget for years.Somehow these investment are just lottery where it would be someday be hyped and make yourself rich.

Just dont let your hopes up though because it would really just give frustration when it didnt hit a specific price.

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June 05, 2021, 05:07:02 PM
 #24


I agree that long-term investments are strongly discouraged from investing in meme coins. Because there are no clear functions and uses for
the future, it's a bit of a gamble if we decide to invest in meme coins in the long term. There are actually many other choices of coins that are
much better than us spending our capital buying meme coins. Even if we want to invest in meme coins, we should only do it for the short term.

That's right, therefore invest in coins that really have a durable level of quality. because if the meme coin is used as an investment material, its value is increasingly losing its selling power.


I can't stop thinking about people who still believe in investing for meme coins in the long term. big risk and also will not be profitable at all. it is better to invest in Bitcoin even with a small amount of money but guaranteed continuity. than in coin memes.

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June 06, 2021, 06:03:20 PM
 #25

There are Meme coins like TruckCoin and Boatcoin that have active blockchains and are on exchanges to buy and sell.  They're both staking coins that could be sold perhaps to those industries.  They don't need miners but the chain is circulated by people running the wallets.  It seems better than investing a lot to start from scratch, hiring a programmer and paying the exchange fees.  

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June 06, 2021, 06:10:30 PM
 #26

Every year, the price of altcoins falls. I like to look at the market conditions and historical lows of altcoins before making a purchase decision. The forthcoming halving of bitcoin and altcoins could have a huge impact on their value. If you're undecided about whether to buy now or later and want to make a long-term investment.

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June 06, 2021, 11:04:31 PM
 #27

Every year, the price of altcoins falls. I like to look at the market conditions and historical lows of altcoins before making a purchase decision. The forthcoming halving of bitcoin and altcoins could have a huge impact on their value. If you're undecided about whether to buy now or later and want to make a long-term investment.
Not every year, this year as example make almost all altcoins price surge to the moon. Take DOGE as example, increased more than 10,000% from only this early year and that thanks for Elon because of what he did.

Oh my god, I don’t know that there are old meme tokens that imitate DOGA, this is really a godsend for me. But I see $ 417 daily trading in 24 hours.
There are Bunch of meme coins imitate like DOGE. and most of them are onky shitcoin which don't have any value or real use at all.
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June 06, 2021, 11:23:36 PM
 #28

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalk.org/index.php?topic=1308769.0

I know there are many more but not sure about the others that are still around and family friendly.




These are cool examples of coins that are similar to DOGE. Unfortunately, this is not the moment when you earn money on coins that are not promoted by Elon Musk.
Doge would have no potential (and neither would these coins) had it not been for Elon Musk's mention of them. Wait for a tweet from him and invest.
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June 06, 2021, 11:37:33 PM
 #29

Another thing to consider is to look at the community of that meme coin, are there are still a lot of people talking about that meme coin?
Exactly, that's well said, the possibility for a coin to go higher is strong community, people that are ready to invest and others that had invested, these people are the set of people that brings a coin to where they are ought to reach, one of the social media to find a good community is on telegram, a dull and quite and inactive groups are some good signals of poor project that's why it is good to always do delegent research both on Twitter and telegram to know the best project to follow.



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June 06, 2021, 11:53:43 PM
 #30

Don't wake them up. They're quite dead already and there's no data that can be tracked for those coins as per coinmarketcap. The emergence of the meme coins are about to end and I think that Elon is just having fun playing with the emotions of his followers.
Forget about meme coins and if you want to invest in Doge, invest on it but don't be too hype on it anymore.

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June 06, 2021, 11:59:09 PM
 #31

For me that's a yes and no!

If you are an aggressive trader you know there is buy and dump strategy so you could buy at a dip and dump at the right price when its pumped which leaves you with some profit.

And when we say meme coins been a good investment it can only be dogecoin to be honest because the rest don't have a hype man like Elon and I hate to admit the guy is a force in the business.

R


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June 07, 2021, 08:53:43 AM
 #32

Those two old Meme coins PandaCoin and LiteDoge are untracked listing in the coinmarketcap which a project that do not meet the guidelines in section B1/B2 to track market data. So for me its a big risk type of coins to invest.
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June 07, 2021, 03:58:20 PM
 #33

Obviously not, none of memecoins are worth investing including Dogecoin. Their prices increase only because of hype towards meme coins this season mainly caused by Elon Musk and Wall Street Bets, reddit page's short squeeze calls. It is far better to invest in coins like Ethereum, BNB, Solana etc.
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June 07, 2021, 04:53:45 PM
 #34

Yes, it's too risky. the only coin that is good enough to have is Doge, because the support from Elon Musk is still there and quite active. I'm pretty sure Elon Musk is trying to get the Doge to $1. however, for other coins, it seems too risky to invest in large amounts.

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June 07, 2021, 08:01:44 PM
 #35

It would be interesting to put a list together of the existing ones that are three or more years old.   I believe there was a catcoin

Yes, there was:

https://coinmarketcap.com/currencies/catcoin/

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June 07, 2021, 08:43:56 PM
 #36

If you are a believer in the "High Risk, High Reward" strategy, then you might try investing 1-2% of your portfolio into meme coins. I would not suggest to anyone to invest more into any of these meme coins. Also, you cant use Doge's journey from other meme coins, Doge is completely different.

Completely different but can be repeated by certain individuals who have a larger funds to invest and

attract investors, but likewise, it's not good placing huge amount of money in this kind of project the

risk is too high, better to take a closer look with quality projects that are available inside this market.
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June 07, 2021, 09:51:40 PM
 #37

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalk.org/index.php?topic=1308769.0

I know there are many more but not sure about the others that are still around and family friendly.



Age doesn't matter here especially if you're not performing well in this market then you'll be left behind. Seriously, I don't know about these two meme coins since I just know DOGE as the father of all and the older, so if you're a risk taker you'd better to buy DOGE that any of those two. Anyway, that's still your money so its your decision, just do your own research always.
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June 07, 2021, 11:04:12 PM
 #38

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalk.org/index.php?topic=1308769.0

I know there are many more but not sure about the others that are still around and family friendly.




They are all worthless.  Will people utilize low volume and pump these to line themselves with free bitcoin, yep.  Does that make it a good "investment" oh my God no.  Do yourself a favor and don't get caught up in all the crap.  Don't buy something simply because they "meme".

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June 08, 2021, 10:49:27 PM
 #39

I agree that long-term investments are strongly discouraged from investing in meme coins. Because there are no clear functions and uses for
the future, it's a bit of a gamble if we decide to invest in meme coins in the long term. There are actually many other choices of coins that are
much better than us spending our capital buying meme coins. Even if we want to invest in meme coins, we should only do it for the short term.
That's right, therefore invest in coins that really have a durable level of quality. because if the meme coin is used as an investment material, its value is increasingly losing its selling power.


I can't stop thinking about people who still believe in investing for meme coins in the long term. big risk and also will not be profitable at all. it is better to invest in Bitcoin even with a small amount of money but guaranteed continuity. than in coin memes.

Actually people who believe meme coins can make them rich, because they are influenced by other people's advice, who do not necessarily care
about our fate. I also believe people who think meme coins can make them rich, because they don't do their own analysis and research.
Because if people do research and analyze correctly on meme coins, they will realize that meme coins are not a good choice for investment.
I also prefer to use the money I have to buy Bitcoins, which are guaranteed safe and very good for long-term investments.

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June 08, 2021, 11:05:33 PM
 #40

I think it's dead, there used to be LLTC, LBTC, LETH and others,
and currently the price is still $0, somehow they don't follow the coin meme trend, have a look for LiteDoge,
https://coinmarketcap.com/currencies/litedoge/, at coinmarketcap alone can't be traced, yes this is a sign that old coin memes are trash
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