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Author Topic: Be careful with new meme coins  (Read 888 times)
sovie
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October 25, 2021, 11:33:50 PM
 #61

Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others

First and foremost, investing in meme coins is pure speculation. After all, it is obvious that behind such a coin there is nothing else but marketing. In my opinion, new users or investors in cryptocurrencies should spend more time doing fundamental project analysis and investing where they see potential in the project idea. Basing your investment on speculation unfortunately, but in most cases you will end up wasting your money.

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October 25, 2021, 11:47:03 PM
 #62

Meme coins are some coins with very promising and interesting profits probability, but it is only for those who already know how to utilize the chances.
but for newbies, I will suggest doing more research and also taking in the right moment in order to be at the right moment and not buying in the hype. Buying in the hype is very risky moreover if we don't know about the coins.
We know that meme coins are now likely a hype coin, but once more, if we want to get lesser risks, better not to try this.
I personally only have two meme coins Doge and Shib but they are not really for the long term. After getting enough profits, I will take profits at first

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October 26, 2021, 01:10:39 AM
 #63

Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others
I want to invest money only in shiba inu because of the plan before the project, if alternate season starts between now and December this coin can reach new ATH but its always better to go into meme coins when they are very new and only invest what you can afford to lose
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October 26, 2021, 01:50:00 AM
 #64

Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others
Be careful on each coin, either to take advantage of some popular meme coins for short or long term, but not to the point of holding, doge may be a good long term investment for those who bought before but maybe not on someone else's coin meme or even in any coin. There is a need to monitor all the coins we hold and want to buy.
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October 26, 2021, 02:32:09 AM
 #65

We could have made huge profits with Shiba Inu and Dogecoin, but it should be more realistic when in the crypto space there are hundreds of such things, and they are not a finished product, just a product simple pump and dump.
When the market is bleak we can see it has nothing left to exploit, stupid ideas are created and many people make fools of themselves. Even if you can profit from meme coin, if you care and hope too much in this market, then one day you will also lose everything that you thought was great.
Here I trust BTC and leading platforms to help solve more problems in life.

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October 26, 2021, 06:55:10 AM
 #66

Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others

very true . too many meme coins are popping up aimlessly and just using names that look like they're going to be successful like using nick MOON in
 their coin or using successful meme coin names in their projects. actually meme coin I see is getting more random and ridiculous. from animals to troll pictures. hopefully no one falls into these type coins.
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October 26, 2021, 07:25:17 AM
 #67

Buy the news and sell the hype   Grin I believe this is the least you can do with meme coins and they aren't really that bad atleast not all of them, some are scam and some have serious Devs, if you want meme coins so badly make sure you invest low amount
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October 26, 2021, 07:39:29 AM
 #68

I'm just trying to warn newbies who believed that they can still make insane profits from meme coins,

But I think it would be better for beginners not to try investing with meme coins because maybe beginners don't know which meme coins are good and which meme coins are fake. I think it's better for beginners to buy Bitcoin in small amounts as a basis for learning, although luckily it's still a little.

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October 26, 2021, 07:40:32 AM
 #69

Always be aware of important things for investors, I have been used to investing in coins since 2017 and the results are satisfactory, although I often get scammed but this is normal because I have received up to 100x potential profit, and the current trend is coin memes, as long as it is still profitable, of course invest in coin memes is a nicer thing.

Thank you
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October 26, 2021, 08:33:12 AM
 #70

But it's still not recommend to invest in meme coins to newbies, they will likely losing money if they invest it. I guess it's ok to invest with your extra money but not your savings you know. I really recommend to invest in the top coins in the market, it's less risk if they hold for long term.

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October 26, 2021, 10:02:05 AM
 #71

Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others
This is the reason why I don't trust these new coins that were suddenly emerging out of nowhere. If I were you, I'd go with the more established ones like BNB, LTC, ADA, XRP, and a few more undervalued coins that are hovering just out of everyone's radar but have a huge potential to pump big - I'm talking about Paybswap, the DEX that is planning to use Polkadot substrate node and relay chain to perform BSC to ETH trades. Are you curious about this hidden gem? Go and check it out!
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October 26, 2021, 11:45:49 PM
 #72

But I think it would be better for beginners not to try investing with meme coins because maybe beginners don't know which meme coins are good and which meme coins are fake. I think it's better for beginners to buy Bitcoin in small amounts as a basis for learning, although luckily it's still a little.
Your advice can be considered, but if he is a newbie in trading where the capital is not large, then choosing a good Altcoin is also one of the right solutions in my opinion, you don't have to go straight to Bitcoin but try Ethereum or BNB first before choosing Bitcoin for the right one. the first time.

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October 26, 2021, 11:51:59 PM
 #73

I stay away from buying new meme coins, I think is just a coin that has a short time life in the market. I am sure most of those new meme coins will disappear after this bullish season is over. It is very stupid if we want to put our money in this coin. Meme coins are a place for the whales or big players to gain money shortly. They do pump-dump, small traders will lose their money only in this way.
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October 27, 2021, 02:34:12 AM
 #74

I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others
That's how almost all the hype stuff going on in this world. Whenever a topic becomes a trending then everyone starts to develop same stuff based on that trend. After that when the hype starting to goes down, every copycats are having downgrade performance and gone to the void. Same stuff goes to these new meme coins, just be cautious about it and be careful of everything that could happen.

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October 27, 2021, 02:52:40 AM
 #75

Buy the news and sell the hype   Grin I believe this is the least you can do with meme coins and they aren't really that bad atleast not all of them, some are scam and some have serious Devs, if you want meme coins so badly make sure you invest low amount
The meme coins will be very suitable to have at first, after that everything looks less suitable especially the Devs are not clear, so don't worry too much for people who like meme coins because in the end they will also realize what a meme is.
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October 27, 2021, 04:12:37 AM
 #76

The market will still have separate and negative segments.
After the hype to the extent of Shiba's success, it seems a lot of faith in luck will come their way easily.
The coin memes I see have very low sc, and mostly the project is created to scam people and take their money. Maybe someone will tell you how much profit they make from coin memes, but more honestly, they will make you money. Or just have not failed, do not know what is right. Smiley

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October 27, 2021, 04:49:32 AM
 #77

Some meme coins are intended to scam investors money in a short time. Definitely they are the one who are plagiarised other potential meme coin which has a pleasant market value. Few meme coins that can bear the market instability. Therefore being careful is important to avoid falling into scam meme coin. Short time big profit is not a guarantee to earn.

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October 27, 2021, 04:52:16 AM
 #78

Some meme coins are intended to scam investors money in a short time. Definitely they are the one who are plagiarised other potential meme coin which has a pleasant market value. Few meme coins that can bear the market instability. Therefore being careful is important to avoid falling into scam meme coin. Short time big profit is not a guarantee to earn.

But there are a lot of people taking a chance speculating on meme coins just like gamble their money because many people love to do it, that's why the meme coins keep incoming every day because there are still many people would like to invest to earn quick profits.
Also the ease of the token making make people randomly created a lot of meme coins and with a bit hype, the coins have decent volume on the market which is really bad for crypto environment
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October 27, 2021, 07:09:10 AM
Last edit: October 28, 2021, 11:42:47 AM by Valak
 #79

We are aware of the various dangers meme coin? For professional investors, understanding the instrument from the negative side first is an obligation, to determine whether that coin is suitable as an investment or not.
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October 27, 2021, 10:30:18 PM
 #80

We better stay away from all of them because we will lose more than gain, meme coin was created as a joke and is only intended to scam users who like to get rich overnight. Let's focus on the top altcoins on CMC, they can bring big profit and reduce risk for us.

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