Will BTC fall below $30,000? The high-yield risk opportunities are in MEME?

[Sithara007]

Even if Bitcoin falls to less than $30,000 per coin, it still represents a 300% increase when compared to the levels we had 12 months ago. That means that in the long term, the outlooks remain positive. The same can't be said about the Meme coins. They are getting overhyped and the valuation looks excessive in almost all the cases. Right now, these coins are like inflated balloons. Once the bubble burst, these coins will suddenly become worthless. And this has happened to many meme coins in 2018 and 2019.

[larus]

The whole industry will be dead if we see fellow 30k in my opinion

[rozak]

If the market changes to a big bull market, does it mean that meme coin has better returns?

In general most coins are soaring high during bullish season but im not certain about meme coins as it depends on the utility and community of the particular project. Its true that you can gain more but its a high risk investment compared to well-established coins in the market. But what im certain is meme coins cant recover back if they plunged hard because it has no use case and just relying on hype.

That's what happened today. the hype going on in the market made some coin memes gain their momentum. and after that, there will be a big dump. Of course, it will be difficult to get up. even most will soon die and be abandoned by their investors.
but if there are more meme coins like that, I'm afraid it will affect the BTC price drop. because in the future, more and more people will feel cheated by investing in meme coins which when dumped will definitely take some money.

[Jackl87]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

I think that you are right that there is not enough room anymore for BTC to do a x20 or a x100 from the current price level and you are also right that meme-coins had far greater losses over the last few weeks than Bitcoin. Does that mean though, that Meme-coins will rise faster and stronger than BTC once we are back in a bull market? I am pretty sure that this will not be the case. I would even say most of the meme-coins will never rise again and will be dead within the next few months. Yes Dogecoin will surely survive and maybe will also rise in the future and maybe also one or two of the second generation meme-coins like Shiba or safemoon but i doubt that they will reach their ATH again and all those other hundreds of meme-coins that came out in the last few weeks will surely die.

[aysg76]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

I think that you are right that there is not enough room anymore for BTC to do a x20 or a x100 from the current price level and you are also right that meme-coins had far greater losses over the last few weeks than Bitcoin. Does that mean though, that Meme-coins will rise faster and stronger than BTC once we are back in a bull market? I am pretty sure that this will not be the case. I would even say most of the meme-coins will never rise again and will be dead within the next few months. Yes Dogecoin will surely survive and maybe will also rise in the future and maybe also one or two of the second generation meme-coins like Shiba or safemoon but i doubt that they will reach their ATH again and all those other hundreds of meme-coins that came out in the last few weeks will surely die.

The investors would never turn to the most of shitcoins that have been messing up the whole crypto market and they will surely have no future bull run ahead because of no utility and without adoption you can't use them and they will serve no purpose so they will be dead and out of the market soon but if you say Doge then it stand a little high to all of them due to Coinbase listing and acceptance by some business chains but not for long as DogeFather cannot impact it for long as no major development is on the way and it will be pushed out after some time and again we will see btc and other altcoins in survival run..

[Viscore]

Meme coins are other star kids in the crypto market because there can give 100× profits within a twinkle of an eye this is so because of their relatively low price that allows the buyer to acquire a large amount with small capital, but Bitcoin already has a relatively stable price that is almost impossible to buy large amount because of its high price this makes it difficult for investors to make a good turnover within a short time.

Meme coins have been making good positions in the market because of the profits  that are waiting for those investors who were trapped with these temporary profits brought by meme coins. And meme coins have gained even more investors when Elon started its tweet about dogecoin and after that, its price starts surging.

But even how high its price will settle, no one can take the position of bitcoin. Its current price is at $38k and when it breaks its resistance at $40k, rebound might have all the chances to happen.

[South Park]

From my opinion, meme coins will go down a lot when BTC dives to $30k, because we can see when BTC goes down, other coins are also following it not to mention meme coins, but with this decline, for people who have thought and research on the potential of meme coins will definitely take advantage of this kind of momentum but I myself do not dare to take the gamble to invest in meme coin.

Most meme coins will go down the moment they enter the market, dogecoin has survived not only because it is a meme coin but also because despite its status as a meme coin it is kind of useful, when people want to pay very low fees they use dogecoin instead of bitcoin to gamble or pay for other services, those coins are not going to be able to do the same thing as that part of the market is already cornered by dogecoin, so it is my opinion that most people are just wasting their time with those kind of coins.

[ziyaaa]

Bitcoin price can actually fall below $30k again. There is no reason for not seeing it now. If it falls again, this time it might be harder to recover itself.

When it comes to meme coins, I'm not sure about them. It feels like they won't all have a good period if the bull market returns. DOGE can rise very sharply again as it separates itself from the others from now on.

[redsun114]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

It’s like a normal thing with every altcoins in the market, they are always having much increase when their prices goes up, and when it is time to fall, they all fall harder than bitcoin. That’s how it should be, and the market cap explains it all; Bitcoin’s market cap is like half of the whole cryptocurrency market’s cap put together.

So, that makes it more stable than all of them. And since it is more stable than all of them, the increase or decrease will be much less than them all.And as for altcoins, since their market caps are way less than Bitcoin, their increase and decrease are always bigger.

[BayAngelo]

We hope to see the market making move by August. i think the bull market that happened from December to May went to far. we may not see another such bull this year. the likely possibility of what happened in between 2018 till 2020 might repeat again. the crypto market is volatile and many trades against the News. many buy and sell against the market movement.

[Darktongue]

Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support. Bitcoin prices have already fallen twice the time below 30k, you shouldn't be afraid about the price. We should think about the bullrun time. Even after Elon musk tweets, I see a very high risk in the meme coins. Did anyone notice that Elon Musk tweets about the "SHIBA INU".

[nurilham]

Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support.

I ever invested in SHIB and Dogecoin but I have sold all of them. These coins just rely on Elon's support only and have no real use case. It is very risky once Elon Musk never tweets anything again about these coins in the future. As the prices depend on the hype of Elon's tweets, someday the hype will be over and the price of these meme coins to drop severely.

Did anyone notice that Elon Musk tweets about the "SHIBA INU".

I don't care about Elon's tweets. I am not holding meme coins supported by Elon anymore. I am tired to follow the hype because it is like the Elon game. He is playing with us, and our money will be too risky with this Elon game.

[tabas]

It's a gamble if you're getting into High Yield with meme coins. There is profitability in meme coins but you'll never know how most of the investors of that meme will start to get out, it's truly high yield yet very risky at all.

I ever invested in SHIB and Dogecoin but I have sold all of them. These coins just rely on Elon's support only and have no real use case. It is very risky once Elon Musk never tweets anything again about these coins in the future. As the prices depend on the hype of Elon's tweets, someday the hype will be over and the price of these meme coins to drop severely.

Be like this guy, he knows what he does and what those coins does too.

[btcltcdigger]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

Meme coins are called shitcoins for a reason, they'll give you shit.
Basically, unless you're on of the dev's or their second cousin, you're more than likely to lose out

[iTradeChips]

The meme coin is not really for every body who does crypto for a living. If you are really into it then by all means, invest on it, put your money into it, and don't stop doing it. But not all people has confidence in a meme coin, and not all meme coins are basically good coins. So be careful around meme coins if you are really interested then put only what you can afford to lose. Bitcoin is a bit stable I think but that doesn't mean it is now safe. We have to observe for a few more years before we can say that Bitcoin is will be back on its ATH status.

[isaac_clarke22]

~

In any case that happens, I would take that discount to buy more BTC.
I mean why not right? The lowest we got so far was 29k if I can recall correctly.
It was short-timed opportunity to buy more. Kind of missed a bit because I thought that it will continue to go below that.

[southerngentuk]

The meme coin is not really for every body who does crypto for a living. If you are really into it then by all means, invest on it, put your money into it, and don't stop doing it. But not all people has confidence in a meme coin, and not all meme coins are basically good coins. So be careful around meme coins if you are really interested then put only what you can afford to lose. Bitcoin is a bit stable I think but that doesn't mean it is now safe. We have to observe for a few more years before we can say that Bitcoin is will be back on its ATH status.

We are probably familiar with the new trends taking place in this market and ending soon. Lately I think a lot of people have been drawn into this trend and they really don't realize how risky it is. And the time and money of the very people who have bet on these trends will be used to make them understand this market.

[South Park]

Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support. Bitcoin prices have already fallen twice the time below 30k, you shouldn't be afraid about the price. We should think about the bullrun time. Even after Elon musk tweets, I see a very high risk in the meme coins. Did anyone notice that Elon Musk tweets about the "SHIBA INU".

Which is as it should be, people are letting their investment decisions to be clouded and are investing in some of the most ridiculous things, yes it is possible that someone that invest in those coins makes money but the most likely option is that they will not do so and instead lose a fortune, take a look at bitcoin, anyone that held their coins has made profits with the exception of those that invested during the last months of the bull run, but everyone else made profits and the people that bought during this year as long as they hold will make profits as well, which is way better consistency than whatever you can get out of those meme coins.

[Serco]

Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support. Bitcoin prices have already fallen twice the time below 30k, you shouldn't be afraid about the price. We should think about the bullrun time. Even after Elon musk tweets, I see a very high risk in the meme coins. Did anyone notice that Elon Musk tweets about the "SHIBA INU".

elon musk start shilling shiba inu few days ago , and as usually he always manipulate market to shitcoin only. we dont know why he did it actually, alot of traders rekted following his tweet and we should not repeat the second mistake on doge. bitcoin price strong above $30k and hopefully it could drive bull movement.

[fortunecrypto]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

The meme coin trend is still here so there's a possibility when the bull market trend returns the meme coin investors will have a good returns

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

Although the return is high the risk is also too high when there's a shift in the market, if you are going to invest in a meme coin that works like a high yield investment be sure you know when is the right time to exit.