Azar138
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November 13, 2021, 07:33:19 AM |
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What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Personally I think that it is pointless to hold meme coins. Actually, they don't have any fundamental reasons such as innovative projects under them or something like this to grow in the long-term, so they grow just on hypes and you can't know for sure if there will be a new wave of hype then or not, so it is too risky to hold them. They can be good only for short-term trading.
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dbc23 (OP)
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November 13, 2021, 08:27:59 AM |
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I am holding meme coins and waiting for a Bull Run in Alts which I am sure will happen before the year ends. Shiba Inu is also branded as meme coin but I think it is more than a meme coin as its team is working hard to strengthen its use case which certainly the right way to stimulate growth of project and eventually increases price.
This is one of the major hypes we find with most of this meme coin where we are forced to believe that the meme coin is been strengthen by it's developers so it wouldn't just be a mere meme coin . But to be realistic is it serving any reasonable purpose? I know most investors just like the meme coin because of its ROI lately but one has to be careful because it's more like gambling
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Etranger
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November 13, 2021, 09:12:11 AM |
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There is no need to hold many meme coins. But now the more popular meme coins can be held. When you have made enough money, you must sell to maintain profit. Memcoins don’t know when they will become worthless. We must cherish the opportunity. Don't be greedy, greedy can easily lose more.
No coin knows whether it become worthless. And "enough money" is different in various situations. In my opinion, the reason to hold meme coins is that right now they are highly popular and well-known, it is time for them and you should take advantage from it. You can say that meme coins aren`t stable or reliable and I agree with that. But ignoring and denial don`t give you any opportunity. While market research and study of current trends pay you off.
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lepbagong
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November 13, 2021, 11:15:15 AM |
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There is no need to hold many meme coins. But now the more popular meme coins can be held. When you have made enough money, you must sell to maintain profit. Memcoins don’t know when they will become worthless. We must cherish the opportunity. Don't be greedy, greedy can easily lose more.
greedy, yes this is certainly very true with what you say. sometimes when you get a big profit you forget what you have received from the profit when suddenly the meme coin held increases sharply. if you get a profit if you can immediately sell it, don't make it a long-term investment. because the meme coin will easily change and the price can fall uncontrollably, so that when you hold it you will not receive any profit. No coin knows whether it become worthless. And "enough money" is different in various situations. In my opinion, the reason to hold meme coins is that right now they are highly popular and well-known, it is time for them and you should take advantage from it. You can say that meme coins aren`t stable or reliable and I agree with that. But ignoring and denial don`t give you any opportunity. While market research and study of current trends pay you off.
not ignoring but rather not being too greedy, because if you are greedy the pattern of thinking becomes irrational, even though the coin being held is a meme coin even though it was very profitable at that time, but we know that coin memes are unstable coins and are not worthy to be used as a coin. long term investment. but take advantage of the opportunities that have been obtained as well as possible because the nature of the meme coin is like that. always easy to change at any time even though we have to admit at this time coin memes are rising in prestige because many are increasing, because of all the consequences of the increase in bitcoin.
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kidbounty
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HELENA
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November 13, 2021, 11:52:24 AM |
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What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Personally I think that it is pointless to hold meme coins. Actually, they don't have any fundamental reasons such as innovative projects under them or something like this to grow in the long-term, so they grow just on hypes and you can't know for sure if there will be a new wave of hype then or not, so it is too risky to hold them. They can be good only for short-term trading. I agree with you, meme coins are not worth holding. but still good enough, to be used as a short term investment. daily trading using meme coins like doge or shiba inu is quite profitable because of the hype. for now the meme coin hype is still pretty good, but in the long run it's going to be bad because without real use crypto coins won't last. relying solely on hype and speculation, doesn't end well. I personally do not want to hold it for long. I'm afraid the price will fall suddenly, because the hype is over.
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isaac_clarke22
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November 13, 2021, 12:09:40 PM |
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What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Memes are suppsoed to be humorous, and not to be taken seriously. I know there are meme coins like Doge, but this is going way overboard that cryptos are becoming memes. For sure, it is only for hypes and hypes aren't that great when it comes to your investment. For short-term holders or the one that buys the hype, sure but for many long-term holders here, nah, I'll pass on that. I don't think they serve any purpose at all anyway except for humor although I heard that Doge is being used as a coin in casinos.
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nimogsm
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November 13, 2021, 12:26:30 PM |
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Holding these tokens for a long time can be very dangerous.These memes appear very quickly and also disappear quickly, so you always need a plan for what price to sell and not to arrange a lottery, this is my opinion.I know several people who are very gambling and often buy these tokens and they are not in profit now.
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so98nn
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November 13, 2021, 12:36:07 PM |
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Well I am holder of the DOGE. I bought at the cheapest initial rates so I am pretty much in profit right now. The investment is not much but have some 3500 DOGE in my wallet. The main reason I am holding DOGE is pretty simple: SpaceX Mission to be funded by DOGE payments. Thats DOGE-1 to the moon. The idology seems pretty simple in Elon's perspective which is to show that using crypto currencies we can have outbound transactions. I am not sure what would be the next step of Elon, for example he might send the DOGE from Lunar Orbit back to the earth showing the blockchain is worth it to be used in outer space too. Anything can happen to this coin in the future, it could go to as high as 10 dollars a doge or it could dump itself to 0 (!). But this crypto space folks, you have to gamble the whole investment thing anyways. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bastian466
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November 13, 2021, 01:15:09 PM |
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Not a holder of meme coin here, even with the old meme doge. In my opinion, it is better to hold btc rather than these meme coins. Because once this hype is over, what do you think will be their future? People will just jump to another hype and forget this meme hype. So your choice on how to deal with your hard-earned money here.
What's more terrifying is that if a bear market has arrived, meme coins can last or weaken ? Meme coins are not a good choice if I'm thinking of holding them, something the hype is sure to have an end time of. my picks to hold are bnb and ethereum
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domoy77
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November 13, 2021, 01:37:40 PM |
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What's more terrifying is that if a bear market has arrived, meme coins can last or weaken ? Meme coins are not a good choice if I'm thinking of holding them, something the hype is sure to have an end time of. my picks to hold are bnb and ethereum
Meme coins only survive when hype and trending, because the average of them will collapse when bears start attacking the market and huge dumps happen instantly in any meme coin, so your choice is very wise bro.
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Etranger
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November 13, 2021, 02:16:57 PM |
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Holding these tokens for a long time can be very dangerous.These memes appear very quickly and also disappear quickly, so you always need a plan for what price to sell and not to arrange a lottery, this is my opinion.I know several people who are very gambling and often buy these tokens and they are not in profit now.
It is also dangerous because a small number of people control a huge percentage of all coin circulation. Accordingly, they can arrange pumps and dumps quite easily. However, this is what attracts those who buy meme coins. Indeed, on a relatively small amount of investment, you can get good profits. For instance, SHIBA INU ROI is 3211699.24%. There is no guarantee that someone will be able to earn exactly this percentage, but meme coins open up opportunities for such numbers.
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Fatunad
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November 13, 2021, 02:31:55 PM |
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What's more terrifying is that if a bear market has arrived, meme coins can last or weaken ? Meme coins are not a good choice if I'm thinking of holding them, something the hype is sure to have an end time of. my picks to hold are bnb and ethereum
Meme coins only survive when hype and trending, because the average of them will collapse when bears start attacking the market and huge dumps happen instantly in any meme coin, so your choice is very wise bro. There's always an end on everything because nothing can last forever specially on a thing which driven off with hype which you could expect that if there something new trend which is happening on the market then it would be slowly be burried up and here comes the new one which is something that isnt new and had been seen for how many years on what and when those trends did come out and replace the old one.There would be a time where meme coins will be forgotten and these coins would really be dropping its price.Its not a sure thing though but chances and probabilities is really there.
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uelque
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November 13, 2021, 02:39:08 PM |
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What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
I don't usually hold memecoin, because I consider all of them as a short term investment. And the main reason why most people hold memecoins is because they are hoping that someday, maybe, it can become the next shiba Inu. Also, I don't believe most people are doing any sort of analysis for holding a memecoin because it has no solid use case, it's a meme. And they are all there for the hype nothing more. If you are looking for long term investments, don't go to memecoins. Rather go to coins with real usecase or utility coins, because tbh, for me, there is only 1% chance that a certain memecoin will soon become successful. And those chances are really hard to find.
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marcous
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November 13, 2021, 02:40:45 PM |
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It is also dangerous because a small number of people control a huge percentage of all coin circulation. Accordingly, they can arrange pumps and dumps quite easily. However, this is what attracts those who buy meme coins. Indeed, on a relatively small amount of investment, you can get good profits. For instance, SHIBA INU ROI is 3211699.24%. There is no guarantee that someone will be able to earn exactly this percentage, but meme coins open up opportunities for such numbers.
And such a large number can also disappear in an instant when a sudden dump occurs to it, so don't just look at one side while you will forget the riskier side or the other side that can happen suddenly to the meme coin.
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carlisle1
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November 13, 2021, 02:45:11 PM |
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What's more terrifying is that if a bear market has arrived, meme coins can last or weaken ? Meme coins are not a good choice if I'm thinking of holding them, something the hype is sure to have an end time of. my picks to hold are bnb and ethereum
Meme coins only survive when hype and trending, because the average of them will collapse when bears start attacking the market and huge dumps happen instantly in any meme coin, so your choice is very wise bro. The sole purpose of Meme assets, more on hypes and speculations. Those who continue holding, they are believing that time will come that those coins will pump and bring them huge profits. But for wise investors, splitting or diverting their investment on both sides, placing decent portions for meme is manageable as long as you are willing to take the risk of a possibility that you will lose your money. Meme coin needs a strong nerve, there's always a big chance to earn or the other way around.
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dupee419
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November 13, 2021, 02:46:37 PM |
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Don't hold memecoins for too long, the reason why it's called a memecoin is because it does not last for a long period of time, y'all have to keep in mind that memes in general does not last for a century, doge memes never lasted for a century and memes in general only last for a week or so, unless the hype continues, but usually it dies within a month, so I'd suggest not investing in memecoins for a long time, I can't guarantee you a 100% profit after investing in memecoins, converting it into another coin would be the best option.
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nekorakoeora
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November 13, 2021, 02:46:45 PM |
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Meme coins have no definite fundamentals. He stood without purpose and project for his development. Most of them still choose this coin because of the hype. Even today coin memes are really a trend to have. This will make a big and fast profit. But the risk is huge to risk it.
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nitin8263
Copper Member
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November 13, 2021, 02:56:01 PM |
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I think meme is not holding coin, these coin has no future. You should be exit from the meme token after of book profit and you must invest in these coin very small amount.
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Etranger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2021, 04:08:08 PM |
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It is also dangerous because a small number of people control a huge percentage of all coin circulation. Accordingly, they can arrange pumps and dumps quite easily. However, this is what attracts those who buy meme coins. Indeed, on a relatively small amount of investment, you can get good profits. For instance, SHIBA INU ROI is 3211699.24%. There is no guarantee that someone will be able to earn exactly this percentage, but meme coins open up opportunities for such numbers. And such a large number can also disappear in an instant when a sudden dump occurs to it, so don't just look at one side while you will forget the riskier side or the other side that can happen suddenly to the meme coin. Of course, the risk of meme coins is very high. But the chance of large losses also exists in more stable assets. This is a question of time: there are traders who enter long positions in a falling market and lose a lot of money even on bitcoin and ether, despite their weight in the crypto industry and the fact that they have been in a global growing trend throughout their existence. And there are those who, at a good time, earn tens of percent on meme coins just holding them.
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KaliLinux
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November 13, 2021, 04:30:22 PM |
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What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Once I invest in meme coin it would be that I see it at the right time, that is if it has not already done a big upward movement and I might risk some affordable amount on that but we have seen Dogecoin come a long time in the crypto space and one of the meme coin I would invest in also even after it first big move upward is SHIB cos I believe it might have something more than just being a meme coin.
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