Investors desire on meme coins are insane

[goku19]

When we are in bull market like we are, the hype used to be foundermentally strong altcoin claiming to replace bitcoin with it's protocol, software whatever. Now, coin with no use cases except for burning, memes and gamble are preferred by new cryptocurrency communities! What a new development!

[Shagnasty]

The experience you provide is very detailed but cannot be used as a benchmark and hope for meme coin, in the last few months meme coin has attracted a lot of special attention especially Dogecoin which is very crazy in movement, I never profit from meme coin but I play on top altcoin in cmc and i have old coins which i kept from campaigning in several bounties

[bitgov]

When we are in bull market like we are, the hype used to be foundermentally strong altcoin claiming to replace bitcoin with it's protocol, software whatever. Now, coin with no use cases except for burning, memes and gamble are preferred by new cryptocurrency communities! What a new development!

This is only a temporary situation. Every time during the bull run there will be a dozen or so altcoins that are pumped in an extreme way. Unfortunately, when the bubble bursts, many people will lose a lot of money. Then most of them will find out that they have invested in a promises of earnings and are victims of speculation.

[savetheFORUM]

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 are very risky investment. I missed Dogecoin, because I felt that it was late at the time I was planning to invest in it. The price was already going down and it was losing value despite that there were people on Twitter saying that the price will go up again and reach $1, I still never invested in it.

But, I saw SHIB and I got on it immediately, because I sensed that it was going to be another meme coin that would trend like DOGE, because I was already seeing a lot of people talking about it and the news carrying it around, so I quickly got in and made good profit with it before selling, because I already knew it wasn’t something that would last for long.

[isaac_clarke22]

~

Well it wasn't supposed to be an investment at all. It just happens that meme got so hyped that it got its own coin. I specifically just stay from those coins as much as possible and even if such surges in price looks tempting, I wouldn't fall for it. I learned these back when Musk just hyped the crap out of Doge and it went skyrocket within few days.
It is just really insane.

[kaka manteng]

I think someone who benefits from memecoin is a golden opportunity, because this will not happen again. well, i also benefit from memecoin but very small, because i once invested in memecoin when the price of memecoin was experiencing a hype. it means I'm too late to join memecoin investment

[HardCore12V]

That is because meme coins pays more than other coins, if you landed on a good meme coins you can double your money is just a week or even triple your money, since meme coin is the most talked about many new investors are pumping their money into meme coins instead

[SlimShadyMmp]

yeah I think meme coins do perform like crazy and they do actually bring mad profits to it If actually in that short period you can take profit then congratulations but I think is a gambling situation where you can also lose Like 90% of your money so my suggestion is while is good to hop onto the meme train if you are late then find another meme and dont cry when you lose your money

[JahriMeayer]

Even after knowing that meme coins are risky investment, but People who took the risk, made bags of profit from it.

Meme coins do not provide certainty in crypto, except for popular meme coins. If the investment is made it is better to switch to popular meme coins.

A altcoin can't be popular if people don't invest on it. But if a meme coin already popular and gain top, that means it already increased huge. So It'll bear no longer life changing opportunity for you. But i agree that switch to popular meme coins for short term is a good idea

[Distinctin]

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?

Personally, I have devoted myself to trade and hold promising coins like bitcoin, ethereum and other coins that I find it interesting to invest. I always keep my distance from the memecoins to avoid future loss of funds rather than reaping profits, so I steer clear from it no matter how tempting it can be.
Well, that's my personal opinion about those coins but there are still other people who invests in memecoins and generated profits succesfully just like you. You're lucky and I admire your courage on taking that extreme risky situation.

[BitKongy]

Those who stayed away from memecoins don't know what they've missed, meme coins performs better than even BTC and ETH last year, it's always smarter to follow crypto trend rather than sticking with same old utilities that are available in crypto space before

[perfect999]

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

Why there are millions of people who like to invest into memecoins? We may never know, it is in human nature to jump into things that are hyped and they are doing the same thing. If we were to look at things in another perspective, we could say that crypto is a lot like television shows. When a show gets too much attention, you end up watching it too, even if you do not do it for one of them you may do it for another.

Obviously you could pick and watch a show that very little amount of people watch, even get cancelled because of lack of viewership, but at the end of the day if Game of Thrones hype made you watch it, then you understand the point. Same goes for memecoins, so many people jumped into them that eventually people got into it and they jumped into it making it bigger and this created a cycle of people who join because it is growing bigger.