Investors desire on meme coins are insane

[Bitbtc8]

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?

[Oshosondy]

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.

[mk4]

I mean, meme coins outperforming BTC/ETH in certain time spans(mostly short-mid term ranges, obviously) isn't anything new, really. It doesn't even have to be meme coins specifically, even the most total utter crap projects can easily outperform BTC/ETH if you buy(and sell) them at the right price. Now, the question is if you can actually outperform BTC/ETH in longer time spans using these coins.

[Rikafip]

First to ask you; did you take the profits, or you are still in those memecoins? I am asking because unrealized profits are not profits at all, and many fail at that part. I had the same issue couple of years ago, I simply didn't know when to exit shitcoin and take the profit, so I stopped with that practice.

I don't check the price chart, but so far only DOGE comes close to outperform BTC/ETH.

If we are looking at last ~12 months or so, DOGE oupterfomed both BTC and ETH, but I think that will last only until bear market. Once we hit that, I expect it go below, as in  last few months DOGE lost 50% value compared to BTC and that trend will probably continue.

[mk4]

I don't check the price chart, but so far only DOGE comes close to outperform BTC/ETH.

Yep! While I don't plan on holding DOGE, my controversial opinion is that DOGE has a place in this space solely because of it's historical and cultural relevance. Basically one of the early coins with a huge popular meme backing it.

[witcher_sense]

Yep! While I don't plan on holding DOGE, my controversial opinion is that DOGE has a place in this space solely because of it's historical and cultural relevance. Basically one of the early coins with a huge popular meme backing it.

It is no doubt that Dogecoin has certain cultural and historical relevance,  but it's by no means a guarantee that it will continue to exist when governments also realize its importance or popularity and come after it. The very fact that meme coins may be used or may have been used to escape financial surveillance puts them in danger because they have a low level of decentralization or rather lack thereof. What will happen to a near-centralized currency if its developers are forced to make only changes approved by authorities? I don't think that is going to make investors in memes any wealthier.

[cryptoaddictchie]

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

I have or did some memecoin too but so far the best one that I got in so far was Kishu Inu. I didn't have any shiba Inu like majority, but also I did do some shitcoin aside from it and gain and loss on others too. But for now, I think Im gonna hold my token for a while since I can also foresee a potential break out but outperforming btc/eth would be impossible for any shitcoin. Maybe that's only based on volume but if we compute the fundamental and use case. We all knew how shit is shit isn't.

[UserU]

I mean, meme coins outperforming BTC/ETH in certain time spans(mostly short-mid term ranges, obviously) isn't anything new, really. It doesn't even have to be meme coins specifically, even the most total utter crap projects can easily outperform BTC/ETH if you buy(and sell) them at the right price. Now, the question is if you can actually outperform BTC/ETH in longer time spans using these coins.

It's just like ICOs back in 2017 riding on the ETH blockchain. This time it's more of BSC's turn.

Same shit, different smell.

[JustinSun11]

It has become like a gamble. It will be of no use going forward. It is good for those who know how to enter at the right time and know well how to leave at the right time. But it is not good at all for those who are new in this field. And that might be good for a while but it's not a long time. Like Elon Musk supported the Doge coin, people started investing more in meme coin and raised such coin to the sky.

[jrrsparkles]

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?

It depends on whether you want more profits with more risks or less profits with less risks and you know in the long run by the compounding strategy even coins with lesser ROI every year but when it's consistent can out perform those shit meme coins which are actually hyped by rich and waiting for dumping it completely.

[EYC_ONE]

Meme coins were a lot better, but because of us call meme coins bad. I have seen in a few days that those who were with meme coins from the beginning have taken a lot of profit. But if you buy them at the highest price, then it goes down.
It can't be the fault of the coin. So in my few days of research, the meme was good

[jrrsparkles]

Meme coins were a lot better, but because of us call meme coins bad. I have seen in a few days that those who were with meme coins from the beginning have taken a lot of profit. But if you buy them at the highest price, then it goes down.
It can't be the fault of the coin. So in my few days of research, the meme was good

So you are telling people to buy meme coins to buy or not? Let's make it clear buddy.

DOGE was a good coin once especially before the influence of Elon Musk after that poor people starts to think that Doge is actually better cryptocurrency since one of the richest man in the world is promoting it but they never understand that they are the orey for the bigger whales and you are one of them it seems.

[bigjuk]

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?

Meme coins only provide one-time profit and never last long at high prices, so as long as you use them early to increase your assets in the portfolio that you have compiled, then do it, because those who are late taking advantage of the memecoin trend will always lose faster.

[tiffcrz]

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?

Yes, they might have high rewards but also their risk will be insane. You might be zero in a moment. The decision is totally personal that if you want to take this risk or not. I am not a risk-taker person. Choose a safe and more stable project for investment like Paybswap. A very promising token that has huge growth potential - the launch of their DEX bridging BSC to the hyped Polkadot ecosystem is closer than ever.
It has real utility and is backed by a strong development team. Already filled up my bags; you should too.

[livingfree]

Good for you.

I'm still waiting for my btc and eth to blow up my portfolio in a positive way but I know that it will take time. So if you've made a lot of money from meme coins, congratulations.

You know how dangerous they are yet you still made a lot of money from it.

[mu_enrico]

The same risk and volatility things. The higher the marketcap, the coin becomes fatter thus slower to go up/down, while lower marketcap coins are quicker to go up/down. However, it's true that the trend after DeFi is on NFT and meme coins. The problem is you can't predict what will be the next trend after meme coins. SHIB, DOGE, etc can be still pumping (still trending), but it's "dangerous" as OP said. Don't forget to cash out, since numbers on your portfolio mean nothing if you can't cash out.

[Krislaw]

But they can't beat the coins you mentioned in terms of mcap and use cases. This meme coins are just trends which dies sooner or later. It's better to invest wisely in them and divert their profits into big mcap coins.

[mk4]

It's just like ICOs back in 2017 riding on the ETH blockchain. This time it's more of BSC's turn.

Same shit, different smell.

Ehh, the price rises in select projects doesn't necessarily need to be on a specific chain; these pumps can happen on any blockchain and it can even happen even in the most bearish times. They really just need a narrative shift or an announcement that could get people hyped enough.

[Coyster]

You know how dangerous they are yet you still made a lot of money from it.

It is risky cause these sort of coins are more or less pump and dump coins, and the thing with them is that you should only hodl them for the short term, I absolutely do not doubt what OP is saying, as quite a lot of people have made huge sums of money from "lottery" coins such as this, but many more people have lost all their investments to it, if you buy it at the wrong time, especially when others have started dumping it, then you'd be left with a useless coin that's prolly never going to rise again. If you're a short term investor then these sort of projects aren't actually a bad idea, so long as you know how to handle them (when to buy and sell).

[HashingTower]

I mean, meme coins outperforming BTC/ETH in certain time spans(mostly short-mid term ranges, obviously) isn't anything new, really. It doesn't even have to be meme coins specifically, even the most total utter crap projects can easily outperform BTC/ETH if you buy(and sell) them at the right price. Now, the question is if you can actually outperform BTC/ETH in longer time spans using these coins.

Of cos not, it will be a huge mistake holding on to meme coins for long term hold and investors are buying just to make quick profits out of them, shiba on the other hand is more than a meme coin now, they just got their metaverse coming as well call OSHIvERSE, insane right?