Investors desire on meme coins are insane

[imamusma]

I have gotten into the meme coin bucket. Not doing so well at the moment, but think as long as we have one more leg generally for everything, it will too, so I should by fine and dandy by the end 

You are only risking your luck with meme coins which will not happen every time and every time,
so you have to be more careful about this even though the steps you take are very wise and logical.

[nekorakoeora]

I have gotten into the meme coin bucket. Not doing so well at the moment, but think as long as we have one more leg generally for everything, it will too, so I should by fine and dandy by the end 

It is normal to see the investors desire meme coins because they want to make a profit which is their reason to enter the meme coins. They bought the meme coins because they saw that the meme coins could help them to make money. But if they are late to get out, I am afraid they will lose and never make any profit again. If you are interested in meme coins, make sure you know what coin you will buy and not risk too much money.

To make sure meme coins seem difficult. They grew up and were supported by the community, and most of them just expected hype. In addition, their supply is very large and there are infinite ones such as doge. This makes mem coins more volatile than coins in general.

[JahriMeayer]

Honestly no, i haven’t experienced such with meme coins cause i never wanted  to take any risk. After doge, shiba coin was the one which create another hype in whole crypto market. I planed to buy but my bad, it was too pump and became risky for investment! but can't imagine this meme coin could pass this long journey from one dollar to one million  return! but except doge and shiba, i haven’t yet seen any others meme coin which have done such miracles with tremendous growth

[the ghabbar]

Honestly no, i haven’t experienced such with meme coins cause i never wanted  to take any risk. After doge, shiba coin was the one which create another hype in whole crypto market. I planed to buy but my bad, it was too pump and became risky for investment! but can't imagine this meme coin could pass this long journey from one dollar to one million  return! but except doge and shiba, i haven’t yet seen any others meme coin which have done such miracles with tremendous growth

Meme coins do not provide certainty in crypto, except for popular meme coins which are in the top 10 coinmarketcap, investments involving meme coins are quite risky, but if the investment is made it is better to switch to popular meme coins, rather than the risk we cannot minimize as small as possible, and it's true what you say, very few meme coins are able to reach one dollar, if any it's only temporary hype.

[Golftech]

The main reason why we are here investing in crypto is for profits so we should know how to take advantage on the current coins that make good profits, even if it means investing in meme coins. Honestly, we should be fearless sometimes so as to make huge profits because sometimes, what we think have no value will definitely give us the best profits we never had from other coins. So investing in meme coins is a choice, as long as you know that this is only for temporary. For long term profits, just stick to bitcoin for sure and higher profits.

Yeah, we can't underestimate them (unless if it was obviously shitcoins) as it was really unpredictable. Just like BNB before, nobody has that bright expectation that becomes on the top 3 coins in the CMC. Many we're ignoring this project and many projects have that possibility but because the majority needs assurance than to risk that is why they'd choose those who are known and have a better value rather than to invest in cheap coins. That even in meme coins can't just be treated that way, it simply they have the chance but too small.

A very nice example, BNB from the early stage didn't get that support, but after earning traders trust using

their platform, everything went well, that spark creates more investors and traders to trust this project, and

look how far BNB now, reaching top 3 and still developing and gaining more followers and end users, we can't

conclude the potential if we will not do our own research. It saves a lot not just the money but also the time

we use when following the development of a particular asset.

[Ultegra134]

The main reason why we are here investing in crypto is for profits so we should know how to take advantage on the current coins that make good profits, even if it means investing in meme coins. Honestly, we should be fearless sometimes so as to make huge profits because sometimes, what we think have no value will definitely give us the best profits we never had from other coins. So investing in meme coins is a choice, as long as you know that this is only for temporary. For long term profits, just stick to bitcoin for sure and higher profits.

Yeah, we can't underestimate them (unless if it was obviously shitcoins) as it was really unpredictable. Just like BNB before, nobody has that bright expectation that becomes on the top 3 coins in the CMC. Many we're ignoring this project and many projects have that possibility but because the majority needs assurance than to risk that is why they'd choose those who are known and have a better value rather than to invest in cheap coins. That even in meme coins can't just be treated that way, it simply they have the chance but too small.

A very nice example, BNB from the early stage didn't get that support, but after earning traders trust using

their platform, everything went well, that spark creates more investors and traders to trust this project, and

look how far BNB now, reaching top 3 and still developing and gaining more followers and end users, we can't

conclude the potential if we will not do our own research. It saves a lot not just the money but also the time

we use when following the development of a particular asset.

Binance coin was never a meme coin though, it always had some kind of potential, which was severely boosted by the development of the Binance smart chain.

Meme coins on the other hand, may yield great results, but are extremely risky and is considered pure gambling.

[dupee419]

Meme coins on the other hand, may yield great results, but are extremely risky and is considered pure gambling.

It's a gamble nonetheless, and the reason why OP gained such profit is because he/she invested in memecoins in just at the right time and later on these memecoins gained such values, it's a gamble and let's be honest that these memecoins are not here to stay for a long period, these investors are looking forward to invest on reliable coins and coins that serves out a clear purpose and just a meme.

I'm pretty sure that OP will gain profit but I won't be certain that it's for a long time and he also had the guts to actually claim that he gained more profit than ETH/BTC for a long time, I really don't think that's true considering on how big Bitcoin and Ethereum had this year and last year technically speaking. 

[Cling18]

Meme coins are on trend and are gaining the trust of most investors because of their visible improvement and pump. We all know that lots of investors prefer a short-term profit so they stick to trending coins regardless of their real purpose as a currency. Investors know how to take the hype as an opportunity to earn this time.

[Kavelj22]

We can't deny that some (few) of them have utility in some use cases. People started massively use Doge coin (for instance) not only leaded by hype but because transactions in the Doge blockchain were the best alternative when bitcoin blockchain has scalability issues, fast & cheap transactions.
Honestly, and about Doge coin in particular, it still has use-cases.

Yes, 99% of them can be described as a momentary joke.
Another form of those momentary jokes appeared recently which are NFT tokens.

I would say "utility" for doge is not being fast or cheap, if that was the case nano or Tron would have been so much higher this is why I believe that Doge was hyped and there was no reason behind it other than Elon.

Why only Tron or Nano, almost all the major coins can be considered as "utility token" from the same vision.
If you consider Tron and Nano as real coins, then you are right about ignoring Doge. But in my opinion, all those tokens are shit as well as Doge and just have the same utilities.
Note that if we can confirm those few utilities for Doge and others, this does not mean that they really have value for future. If they play as alternatives for bitcoin to solve occurring issues, bitcoin overpassed all those issues by several updates.

[godzillarekt007]

Pretty bad so far. Everybody is chasing the new SHIB, when there probably won't be a new SHIB. And since everyone is feverishly chasing these, it will end bad for most. I think my meme coin journey will end bad too more than likely, but one can hope it works out 

[JeWay]

Pretty bad so far. Everybody is chasing the new SHIB, when there probably won't be a new SHIB. And since everyone is feverishly chasing these, it will end bad for most. I think my meme coin journey will end bad too more than likely, but one can hope it works out 

Try to look at some of the cases and experiences in coin memes in the past, have many succeeded or many have gone bad ? because from what I see there is only one meme coin that has been very good in the past until now, namely Dogecoin, the rest are not there

[mirakal]

Obviously, because they make DOGECOIN and SHIBA INU be included in the top 10 in terms of market cap.

The hype is real, the reason why people are investing is only due to hype and this tells that there are still a lot of people in the space who are not yet educated on the real purpose of crypto because even if the asset has no real purpose, they are still willing to risk their money and for sure that's one of the reasons why the market would dump if panic starts.

[Rufsilf]

I see this as a way of gambling, but now you have gambled and make profit, you can easily just convert your meme coin to bitcoin so that you will not fall into meme trap of bearish market. The bear market will mostly not favor meme coins, the bull market that happens recently really helped you.

It's good that the OP have handled the meme coins well and generated more profits than bitcoins and ethereum combined.
@Oshosondy every investment is a gamble already because the outcome is unpredictable that's why it needs time and effort to maintain capital without losing. Even traders alone is at risk of losing because the gamble they're unto is so risky.
I guess December or early January will be the start of bear market, we should prepare our pockets to make it as our advantage.

[the ghabbar]

Pretty bad so far. Everybody is chasing the new SHIB, when there probably won't be a new SHIB. And since everyone is feverishly chasing these, it will end bad for most. I think my meme coin journey will end bad too more than likely, but one can hope it works out 

Meme coins cannot be invested in the long or short term, meme coins only rely on good moments for us to buy, especially when it comes to buying shiba coins, it's a good idea to focus on popular altcoins in the market for us to invest in, not much can be expected on shiba coins , the journey of this kind of coin is unpredictable regarding the maximum selling price, both long term and short term.

[MarjorieZimmermanGinger]

This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane

Not a financial advice, what have your own experience been like with meme coins?

If you don't mention which meme coin clearly, then people will never believe, indeed there are people who are successful in this kind of coin, but very few and unlikely that, even if you believe and have experienced it, you must dare to say meme coins which generate huge profits, so that other people can also follow the steps you take, although some people will never believe it.

[Fatunad]

Obviously, because they make DOGECOIN and SHIBA INU be included in the top 10 in terms of market cap.

The hype is real, the reason why people are investing is only due to hype and this tells that there are still a lot of people in the space who are not yet educated on the real purpose of crypto because even if the asset has no real purpose, they are still willing to risk their money and for sure that's one of the reasons why the market would dump if panic starts.

As long people would see that it do increases then they wont really be minding about real use case or relevance of the project as long the price had been hyped and shilled out then they would probably going with the flow and its true that it is really indeed a risky move but would really be a profitable one if you do know on how to go with the flow.
Investors could really be having that thinking that they could really make out money if they would follow the trend and this is really a matter of risk taking because
not all would really be that much confident when taking up some hype of their investments.

[JeWay]

Coin Meme is still a meme,,, but who would have thought that coin memes are considered trash by some investors, but coin memes can turn into investors who used to ostracize them, now turn 180% they want to adopt them to make their future investments, it turns out that coin memes  both dogecoin and shiba inu are able to change the perspective of investors to own it, coin meme for me is the best.

This can only happen for a moment, mate, because changes to memecoin only occur when there is hype and even now any coin is still unable to rise, let alone memecoin which is only a joke token without clear usage even though there are two proven evidences very clear some time ago, but you have to remember that it is only for a moment.

[Pejoh Asu]

This is a unique trend, although many experts say that memes of coins are useless because it is just a number in the wallet without any real adoption like NFT or Defi, but this is a market trend, maybe it doesn't last long, the best way is to join and get profit for it is profitable.

[Ngewex Yuk]

Meme coins are popular because elon musk is actively investing in coin memes namely Doge, even now we can buy Tesla with Doge, I think this is a natural thing, but I'm sure if coin memes don't adapt to real usage it will be hard to survive.

[goldkingcoiner]

I will never understand the desire to buy "meme" coins. At some point you have to realize that what you're buying is not an actual investment with any value behind it, but rather just a gambling addiction gone wild due to boredom of the soul. I recommend everyone to study their investments before making them. Why anyone would want a coin with nothing except community drive behind it, is alien to me.