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Author Topic: Is the meme coin still worth holding  (Read 2246 times)
freedomgo
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November 13, 2021, 06:12:38 PM
 #41

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.
SHIB may be better compared to dogecoin but at the end of the day, they are just both good for short term investments as they have no real life usage but only joke coins from the start. Yes, meme coins are very profitable these days and definitely a lot have been making profits from it. But there is no guarantee that if a big price correction will hit the market and will leave the market to dump seriously, i don't think they can still survive. So there is really a big risk investing in them. We may invest in meme coins but on the amount we can afford to lose and if we see opportunities to make profits, just sell and never be carried with your own greed as it will cause more serious losses in the end.

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November 13, 2021, 07:01:18 PM
 #42

judging from the current developments, meme coins have indeed become one of the topics of conversation in the crypto world, and I myself will take patient steps so that there are no losses if you keep meme coins too long.
I will exchange the meme coin assets that I have with one of the cryptos that have many enthusiasts and it is also easy to make buying and selling movements in any market.

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November 13, 2021, 07:10:37 PM
 #43

Quote
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.
The reason is that the meme coin Will dominate in the future. Those that are still holding will enjoy the benefits it has for all investors that exercise patient with the coin.
I will definitely release the coin Next month to have a good plan for the Christmas and new year, so that it will be colorful to my family and to my love once in the community. It hard for my personal research to fail me because whenever I carry out personal research in any coin future, it always favour me at the end of the investment. My holding will bring me a good reward.

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November 13, 2021, 08:24:45 PM
 #44

Are you holding just because of the hype
Because it's solely from the hype I prefer to not hold this type of coin. I would spend my money to more "useful" coins to trade instead of just speculating on these shit meme coins, those are only the thing because something viral going on and people make quick bucks from it. If you know what to do, then you can do whatever you want. But if you don't, then I would suggest you to stay away from that.

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November 13, 2021, 08:27:19 PM
 #45

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.
With DOGE AND SHIB for me it is still worth holding and for me, I don’t need any TA or FA on this because I’m just taking the risk holding them since I believe on their hype that can happen any time. I don’t think a large meme token like this will die instantly, its just a matter of time before we see them rising again, just wait for the hype or buy now to get in early.
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November 14, 2021, 04:08:03 PM
 #46

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.
Meme coins, a lot of them in the market these days are like an avenue to quickly gather in a lot of cash and noting much. After they might have increased really well to a higher price and a lot of investors in these coins starts cashing out, you’d see these crashing and not recovering any longer.

There might still be a few of them in the market that can be worth investing, but I can’t tell you whether they are going to be worth investing for a long term or just for the short term. SHIB is one of the meme coins that are has been quite strong in the market and still going higher.

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November 14, 2021, 06:19:19 PM
 #47

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.
Meme coins, a lot of them in the market these days are like an avenue to quickly gather in a lot of cash and noting much. After they might have increased really well to a higher price and a lot of investors in these coins starts cashing out, you’d see these crashing and not recovering any longer.

There might still be a few of them in the market that can be worth investing, but I can’t tell you whether they are going to be worth investing for a long term or just for the short term. SHIB is one of the meme coins that are has been quite strong in the market and still going higher.
Meme coins have become so profitable these days that it even exceeds the amount of profits you can get from it compared from those solid coins in the market. But this is not for long term investments as meme coins are only dependent on the hype and on the big whales on the market that can pump their price. Other than that, they are no good for nothing. So maybe holding meme coins for short term is good as they are good only for quick profits, and once  a serious price correction will hit the market, probably they will find it hard to recover again.

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November 14, 2021, 11:04:22 PM
 #48

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.
i also don't never held a meme token at least for a long time, if the meme token you're holding is up by a lot like doge and Shiba inu, I think it's better to find another one, and as Twinkledoe said once the hype is gone, a lot of people will start to sell and forget about it and try to find a new one, a meme coin or token is just like an actual meme, it fades away over time.

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November 15, 2021, 02:06:01 AM
 #49

there are meme coins that are worth holding today like Doge Coin, it has been proven that this coin is from cents to very expensive prices, I have felt the benefits there, investing in this meme coin has a very high risk if you are very tempted, if you want to get rich in time short i.e. coin memes are the best.

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November 15, 2021, 02:39:45 AM
 #50

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'm sure there are many people here who still hold memecoins just because of the hype and when they buy it, the price is very cheap, they try their luck who knows one day they will be like Doge. indeed the risk of holding memecoin is very large, but even if they lose they will not lose large amounts of their money, which is why many are attracted just for fun of memecoin.

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November 15, 2021, 03:23:26 AM
 #51

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.
Im holding established coins already before trying to join the ride on meme coins hype. Fortunately I was able to sell during peak price but decided to leave some in my wallet. Now why im not selling yet? Because I believe its not the right time. Its been 6 months since the last ath of the meme coin that im holding but still, the project has progress and the price is recovering (though now the price declined again). Im not in hurry so I will just wait, im nothing to lose anyway since I already take out my capital with profit already few months ago.

Nevertheless dont invest in meme coins because its more risky. Always choose the coins that has use case and worth to hold even for long period.

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November 15, 2021, 03:29:59 AM
 #52

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'm sure there are many people here who still hold memecoins just because of the hype and when they buy it, the price is very cheap, they try their luck who knows one day they will be like Doge. indeed the risk of holding memecoin is very large, but even if they lose they will not lose large amounts of their money, which is why many are attracted just for fun of memecoin.
With how profitable meme coins are particularly Shiba Inu, i know lot of investors plan to hold them thinking that they could be more profitable in the near future. But meme coins will only be good for short term profits, and once the hype will be gone, i don't think if their value will still be rising up. Yes, some meme coins are worth holding but only for short term because if you wish to hold it for long term, i think it will not be profitable anymore and worst is they might suddenly lose their value which i think is very possible for coins who don't have real life usage so there's no reason that the demand will still increase.

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November 15, 2021, 03:54:09 AM
 #53

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.


Some people who bought different meme coins on highs have to hold now as they don't lose hope that price will pump again. So as not to lock-in loses, they continue holding. I don't think that it is very reasonable. Of course, meme coins can pump again, but it will depend on Elon Musk. He considers that Doge is better than BTC and supports his colleagues and like-minded people on Twitter who express admiration for DOGE.
This week, Dogecoin implemented the Core 1.14.5 update, which reduced the cost of transactions, but that's all for now...
It's worth thinking about how an ordinary meme has became a competitor for other cryptocurrencies and ranks 9th in capitalization.
Whether DOGE will be taken seriously is an open question, but one cannot deny the fact that the development of the coin is consistent and technologically, although it is slow.
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November 15, 2021, 05:00:42 AM
 #54

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 think people who keep a lot of meme coins in their wallets will surely sell them when it's hype, and that's only for meme coins that are listed on many exchanges. then what other reason if not selling it when the price is high???
Well, I think for people who still have meme coins in their wallets, it's very good, meaning being able to be patient waiting for the hype to happen with their assets.

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November 15, 2021, 05:15:27 AM
 #55

there are meme coins that are worth holding today like Doge Coin, it has been proven that this coin is from cents to very expensive prices, I have felt the benefits there, investing in this meme coin has a very high risk if you are very tempted, if you want to get rich in time short i.e. coin memes are the best.

If the meme coins already reach the high price, it might not increase more in a short because the correction will come and it could go back to the lower price so that can be a good time to buy at that time. Getting rich is a reason for most people but we need to calculate the timing to invest in meme coins and not try to invest in meme coins when the market is bullish because we do not know if meme coins can increase again or will stay at the low price. The bear market will be the best time to invest in meme coins and other coins because the price will be very low.

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November 15, 2021, 07:40:24 AM
 #56

Some are. I think one that may be worth hodling is GM. They are doing big things over there. Another I like is called DAC- Degen Apes Club. Might be another GM in the making. But lets be real, I am not sure any meme coin is a 5 year+ hodl at this point in time.

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November 15, 2021, 07:53:11 AM
 #57

I still hold about 15 meme coins and most of them are new listed, I think coin memes are still a trend, it's proven that Shiba Inu can be successful and already has a marketcap of more than $35 billion, many say this is risky but I think investing in cryptocurrencies is always risky, and until now it's been proven that meme coins give bigger profit than top coins like Solana , BNB or others.

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November 15, 2021, 05:12:15 PM
 #58

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.


What kind of meme coin is meant, because such a question is still very common to answer, considering the hundreds of meme coins currently on coinmarketcap, everyone has their own pattern of saving meme coins, but usually people will save the popular meme coins in the market, basic analysis is a signal to people to hold onto popular meme coins, so they will release them in the event of a pumping up of the coin.
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November 15, 2021, 07:12:26 PM
 #59

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.

How to divide the two sides of an investment can also be done if there is a belief between the two that everything has a chance to make a profit and vice versa. When looking at the safety of money, all have the same risk and return to their own belief in which side to choose. for me now is the time to secure the money we have after taking profits we wait with the bear market to come for a new start

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November 15, 2021, 07:43:19 PM
 #60


How to divide the two sides of an investment can also be done if there is a belief between the two that everything has a chance to make a profit and vice versa. When looking at the safety of money, all have the same risk and return to their own belief in which side to choose. for me now is the time to secure the money we have after taking profits we wait with the bear market to come for a new start

You need to follow your instinct when investing. Having the kind of attitude will allow you to compensate more,

Take your profits before the market turn against you, if you know the process and you already established what kind of
strategy to use, opportunities are always there for you. Set aside the greediness inside you. Make sure to assess everything.

If you are aiming to split your investment, better to make sure that you are doing your research.

Riding with hypes is very dangerous. You need to create good sets of plans before participating.
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