Ziskinberg
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November 08, 2021, 08:15:58 PM |
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Not a financial advice, what have your own experience been like with meme coins?
The best financial advice is to know what you are about to invest and much have ROI assurance and this is hard to found from meme coins. yeah, somewhat a huge chance of losing rather than earning a profit. I can't be of 100%, however, meme coins are just a joke, they got in hypes because of market manipulation not due to huge demand and use case. It can be and absolutely a risky choice but can't stop anyone if that they ever choose it, maybe they got lucky.
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Heisenberg_Hunter
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November 08, 2021, 08:47:02 PM |
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Meme coins did have their run solely because of Elon's manipulated pump but other than that there are absolutely no use case for them. The current market has saturated a lot and greediness has overcome among the investors who has started looking out for the next 100x or 200x coins which itself is called gambling rather than trading. The 2017 scamcoin mania suffered a downtrend just because whales and other large investors started dumping their coins along with various other scammers who had made quite a lot of profits at that time. If we are able to compare them with our forum, we have the best run on 2017 and the signature campaigns and spams flooded the space making it unbearable to read any threads over here. Greediness has overtaken the market and many scammers have made millions in 2021 so possibly they might start dumping their coins altogether. Dog coins had overgrown so much such that every new investor has started investing in dogs alone ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Fatunad
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November 08, 2021, 08:48:47 PM |
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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?
Take risk on something which could able to bare because not all would really be having the same mindset and impression towards meme coins.It cant really be denied that there are people who could really take risk of these meme coins and the ones who had risk out will normally be rewarded but of course if this one turns out to be on the good side and we know that it doesnt really works on this way.So its a big risk to take and not all would really be that risk taker and choses to be that investing in much less risk.
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sovie
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November 08, 2021, 08:51:45 PM |
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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?
I fully agree with you. I have no idea where people come to mind to invest in something that has no value. It's like buying air, because someone else is also buying. I am sure that when the meme coins market collapses, the entire cryptocurrency market will lose a large part of the community. People just won't know why they lost so much money. So be very careful, everyone, because this madness could end at any moment.
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Dragonfund
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November 08, 2021, 08:58:31 PM |
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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.
Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market. One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.
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nelson4lov
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November 08, 2021, 09:30:07 PM |
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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.
Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market. One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity. While all markets will fall, memecoins and shitcoins will the ones to fall the hardest since they are the ones whose increase in value isn't tied to any "real value". That's why people who keeo chasing and investing in projects like this should be mindful of this fact and keep it at the back of their mind. Like you said, during ICOs; those projects that pumped the hardest don't have the spotlight in today's market.
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SirLancelot
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November 08, 2021, 09:30:14 PM |
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Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market. One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.
I will completely agree with your statements. What we have seen in the ICOs, the same thing is definitely going to repeat this time for memecoin and defi. Unfortunately most people are not ready to listen what experts and high rank people of suggesting but they are simply going on as per the hype created by whales. People might be enjoying big profit in this bullish trend but once the crypto space will be entering into bearis market trend then they will start facing the the real consequences.
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Kasabus
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November 08, 2021, 09:35:42 PM |
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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?
I fully agree with you. I have no idea where people come to mind to invest in something that has no value. It's like buying air, because someone else is also buying. I am sure that when the meme coins market collapses, the entire cryptocurrency market will lose a large part of the community. People just won't know why they lost so much money. So be very careful, everyone, because this madness could end at any moment. Well, we all know that meme coins are bound to end once this bearish season comes so while we are still in profits, cash out more often because once its market starts to collapse, all your expected profits will eventually turn into losses in the end. For me, there's now wrong investing in meme coins as long as you know when to make an exit because if you just keep your faith into these meme coins hoping they can outperform btc in the long run, well that will put you in a terrible loss in the end.
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TelolettOm
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November 08, 2021, 09:44:09 PM |
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SHIB and DOGE are the only meme token that will survive in long term -snip-
I don't know what makes these two meme coins survive a long time. I think the future of both SHIB and Doge are the same, are not predictable and can be died at any time. Don't forget that they are only two meme coins although they are now the top coins, they will never have fundamentals to make them survive a long time. So, I think we cannot say that they will survive a long time because the hype of these coins can be over at any time, then people aren't interested to buy them again.
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dezoel
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November 08, 2021, 10:52:02 PM |
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Just like old times ICO, majority of tokens and coins who were super hype were all crippled and couldn't get back on their feet, the same thing will happen to meme tokens in bear market. One will think its always a good opportunity to hop in those project they missed when they see the opportunity but unfortunately, they hardly survive the bear market where the volume becomes almost zero without liquidity.
There are few coins from that period that finally managed to go up. Like for example ADA was from that period, and for years it hasn't moved that much and nobody cared about it, now look at how much it is cared and how high it got. So even though some of the NFT's of today do not get too much attention, maybe in 2-3 years it may have some value. However that is not guaranteed, just because that is how it happened with ICO period doesn't mean that it will happen the same way once again, we may end up with something that doesn't worth anything at all as well. I hope that we will grow bigger, NFT is something that is getting way too much money involved and having it not really worth anything would be a horrible deal for us in the future. I personally do not own much, so I won't care if all of them goes to zero one day, but crypto investors getting hurt is bad for all of us, not just the ones that invested into it.
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blockman
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November 08, 2021, 10:57:20 PM |
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People might be enjoying big profit in this bullish trend but once the crypto space will be entering into bearis market trend then they will start facing the the real consequences.
We're all expecting that to come. Those that are insanely making good returns from investing in meme coins, let's be happy with them but they also have to take care of their profits before the imminent bear market comes. But if we're also wrong that the bear market won't come close to where we are right now, everyone just has to enjoy and secure their profits, memes or not. Because if you won't take care of your profit this time, you'll not preparing yourself when the unexpected comes.
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Natalim
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November 08, 2021, 10:59:11 PM |
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SHIB and DOGE are the only meme token that will survive in long term -snip-
I don't know what makes these two meme coins survive a long time. I think the future of both SHIB and Doge are the same, are not predictable and can be died at any time. Don't forget that they are only two meme coins although they are now the top coins, they will never have fundamentals to make them survive a long time. So, I think we cannot say that they will survive a long time because the hype of these coins can be over at any time, then people aren't interested to buy them again. You may not as these coins have a lot of investors and guess what Doge save cost when doing a transfer that is why it is still able to sustain even during the market crisis. But I'm not sure with SHIB, that is very interesting to see how it behaves when the bear season comes since it has never happened yet. Kinda be this bullish market saved this project and the support of Binance help it to gain some trust and the confidence of some investors and traders.
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dimox
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November 08, 2021, 11:01:52 PM |
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public secret fact is they can give you much profit than the main coin. you put little fund, harvest big deal in thr end. its hard to find best coin on meme coin, sometime people need put to many coin, but the result can cover cost the other coin. and im sure we try our best to deal with that till now, unexpected coin will show and shock owner.
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kawetsriyanto
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November 08, 2021, 11:41:05 PM |
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public secret fact is they can give you much profit than the main coin. you put little fund, harvest big deal in thr end.
It is just for the lucky people who choose the right meme coins. In reality, many people also have lost their funds because the prices of those meme coins are dropped constantly after the hype is gone. So, don't only consider the advantage of meme coins, please take a look at the bad side. No matter how big the benefits are offered by those meme coins, they are always too risky coins to invest, better to avoid. Especially if you are a newcomer, just stay away from those coins that only rely on the hype. You probably just become one of the victims of the pump-dump scheme there.
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Botnake
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November 09, 2021, 09:05:57 AM |
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public secret fact is they can give you much profit than the main coin. you put little fund, harvest big deal in thr end.
It is just for the lucky people who choose the right meme coins. In reality, many people also have lost their funds because the prices of those meme coins are dropped constantly after the hype is gone. So, don't only consider the advantage of meme coins, please take a look at the bad side. No matter how big the benefits are offered by those meme coins, they are always too risky coins to invest, better to avoid. Especially if you are a newcomer, just stay away from those coins that only rely on the hype. You probably just become one of the victims of the pump-dump scheme there. Meme coins will never stay for long in crypto as they are good for only pump and dump scheme and if you let yourself fall for it, its probably your choice. Maybe things are very profitable for meme coins for now but once their hype will be over, for sure we will definitely see them losing their value. And we will not let that happen to ourselves so as much as possible learn to avoid them as early as now. What's the use of big profits anyway when there are bigger chances that we will also lose huge amount in the end. Others may be benefiting from the meme coins today but definitely it won't take for long.
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Kez1817
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November 09, 2021, 09:22:13 AM |
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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?
You're just lucky to that meme coin but did you take out already your profit from that meme coin or you still playing on that coin? Remember that hypecoin is just for short term and we need to be careful and we should also know when to exit because sometimes when you earn huge profit you also enjoying to continue buy and sell and never know when to exit until it's to late.
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darmin
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November 09, 2021, 04:21:02 PM |
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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?
Interesting experience. I think you are a person who is always ready to monitor market movements. Coin memes are honestly profitable. But what I observed them didn't last long. When they appear the average will give you a large pump. If you ask for more precisely this is what traps because it will immediately fall.
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Devifajarina
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November 09, 2021, 08:14:01 PM |
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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?
We can understand what you are trying to convey, it is not wrong if we really like short-term investments in altcoins, but we must be able to understand which altcoins are able to provide maximum benefits for us, currently there are altcoin opportunities that can provide such profits, only altcoins popular which has stable level and good market which can guarantee it, maybe you can tell us which coin you mean? I think here is something that is free to do anything, because this is each individual's personal choice. regardless of what we choose of course is we do it with the consequences that are in it. memecoin and coin manipulation is something that is not very good, but on the other hand something like this is actually not too bad to do. when you dare to enter a coin like this then do it, but with the consequences that you have to bear alone. and when you don't dare to be in a coin meme like this then leave it. It's not just a matter of courage, but a way to minimize the risk of investing in memecoin, although we have no right to forbid anyone from doing it, but I think this needs to be considered, so that whatever happens in the future it won't be difficult to invest in other coins, and come back again to each individual in readiness to invest in memecoin, if you are ready to take any risk then do so with careful consideration.
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dbc23
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November 09, 2021, 08:32:10 PM |
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public secret fact is they can give you much profit than the main coin. you put little fund, harvest big deal in thr end.
It is just for the lucky people who choose the right meme coins. In reality, many people also have lost their funds because the prices of those meme coins are dropped constantly after the hype is gone. So, don't only consider the advantage of meme coins, please take a look at the bad side. Many have lost funds investing in meme coins and likewise many have made good fortune in the same meme and the funny thing about meme coins there is nothing to research about it's just a lucky venture. If your are lucky with the hype you smile at your investment if the opposite occur then you just bear the loss No matter how big the benefits are offered by those meme coins, they are always too risky coins to invest, better to avoid. Especially if you are a newcomer, just stay away from those coins that only rely on the hype. You probably just become one of the victims of the pump-dump scheme there.
Even the hype at times might just be an overhype I think it's better to trade with risk management. Risking an amount that looks reasonable because this meme coin staring joy in the air might roll out tears in the future it's just similar to a gambling coin
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mindrust
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November 11, 2021, 12:28:41 PM |
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However, despite of the fact that meme coins will never be usable in the long run
Doge is here for how many years? 5+? I don't know the exact number but I believe it is more than 4. It is already widely used among people. Most people use doge to transact between the exchanges because it is pretty cheap compared to the others. So, your statement "meme coins are useless and never will be" already falls apart.
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