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Author Topic: Is the meme coin still worth holding  (Read 2246 times)
TinaK
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November 21, 2021, 10:43:33 PM
 #81

I hope we have the reason to hold them and I hope that we are holding the right coins but seem to know that meme coins aren't good enough to risk long and hold long. I know that not all are bad and worthless coins in general coz there are still some that performing so well. However, if we don't make any searches and choose the wrong coins, I don't think so but rather have nothing to expect from them.
People got amazed at Dogecoin in the past few day's performances and now, Shiba Inu is on the spike. If this is your basis why do you have a plan to hold them, that was your choice, because for me, as long as it has a working product and market use that is fine.
The meme coin that you have mentioned above was made the price goes up because of the people's hype.
It's hyping now heavily and many people want to have a short gaining profit in the market and grab this kind of activity. The only meme coin that I believe will never fade is dogecoin, this coin has real use and there are too many gambling casinos that used dogecoin.

If you wanna try to invest in the short term it is up to you, just always invest what you can afford.
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November 21, 2021, 11:26:28 PM
 #82

honestly people never learn, in the past we had ICOs, which in the end became a scam, but there were a lot of people who lost money, then they came DEFI and now they have meme altcoins, why the hell do people fall easily into this kind of scam? do people not value their own money, does it hurt them when they lose money? Do governments need to enter this market in order to protect people from themselves? Is strange things you see in this market

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November 21, 2021, 11:55:15 PM
 #83

If you haven't recorded any profit out of the particular meme coin investment, then it is good to hold. Meme coins never show regular growth, it pump high and in the same speed it drops down. In mean time we need to make the profit. These coins won't be good for trading purpose. Someway it is good holding meme coin.

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November 22, 2021, 01:27:16 AM
 #84

I think holding meme coins longer is not good. If Coin memes only follow Elon Musk's trend I believe we should sell them when they experience hype once. Elon Musk has always switched support for meme coins.

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November 22, 2021, 02:00:04 AM
 #85

for meme coin isnt holding  Cry Cry i have bunch of them most of them get hyped at time and then nothing and everday there is new memecoin the reason some of us keep hodl memecoin is crazy spike or listing on big exchange like binance like shiba inu did

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November 22, 2021, 03:31:14 AM
 #86

If you haven't recorded any profit out of the particular meme coin investment, then it is good to hold. Meme coins never show regular growth, it pump high and in the same speed it drops down. In mean time we need to make the profit. These coins won't be good for trading purpose. Someway it is good holding meme coin.

I currently hold meme coin and so far I haven't record any particular profit out of it and because of that I'd still have a reason to hold for now while aiming to get the profit. Though some time I am tempted to start taking it out on my wallet to stop loss but I'd still believe that it would go pump again for the second time this time I know I am taking the risks already of losing my money but I used the amount that I can afford to lose by the way. In my case, I still choose to hodl meme coin and I have my reasons why, well we have our own thoughts about it some may wanted to say it's not worth it and we should respect each others opinion.
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November 22, 2021, 03:41:28 AM
 #87

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.
For now I still have the meme coin (DOGE), I purposely didn't sell it out when the price was $0.7 at that time, but of course I hope the rest of my savings memes can make it to $1 or $2 in the coming year, that's the reason I'm saving memes for now.

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November 22, 2021, 03:56:18 AM
 #88

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.
For now I still have the meme coin (DOGE), I purposely didn't sell it out when the price was $0.7 at that time, but of course I hope the rest of my savings memes can make it to $1 or $2 in the coming year, that's the reason I'm saving memes for now.
Actually, if either dogecoin or shiba inu cost 1-2$, they will overtake Microsoft, Google and Bitcoin in market caps, as it will be around 589$ billion while the market cap of Microsoft in only 2,4$ billion and 1,2$ billion Bitcoin has.
What is more, what is trigger for them to grow so significantly in the long-term? They don't have anything fundamental under them. But hype can't support the price all the time.

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November 22, 2021, 04:06:16 AM
 #89

I think holding meme coins longer is not good. If Coin memes only follow Elon Musk's trend I believe we should sell them when they experience hype once. Elon Musk has always switched support for meme coins.
Meme coins does'nt have real use. It will only be profitable when there are personalities who hypes it. So whenever there is hype that's the only time to buy and see how long the hype can possibly be. Having it for long will not be beneficial in the long run as it hve no real meaning. So take profit on it as much as possible and see how long the hype can be. It can be hold while still holding other coins that can have a great impact in the market to balance the portfolio.

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November 22, 2021, 04:33:14 AM
 #90

honestly people never learn, in the past we had ICOs, which in the end became a scam, but there were a lot of people who lost money, then they came DEFI and now they have meme altcoins, why the hell do people fall easily into this kind of scam? do people not value their own money, does it hurt them when they lose money? Do governments need to enter this market in order to protect people from themselves? Is strange things you see in this market
In this case we are required to be smart in making decisions and always learn from mistakes, as you said, learn from ICOs and others whose names just disappear because of the many scams.
new things will be good and even profitable at first and but only temporary which will end in fraud or not profitable at all and usually happens to beginners who are always involved in them because they have no previous experience and only greed is on their mind and it was his own fault.
different from us or those who have been in this industry for a long time because they have experienced the bitterness and bitterness of the crypto world, so always be careful and thorough with new things.
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November 22, 2021, 05:24:28 AM
 #91

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.
In my opinion Meme coin is not for long holding. It is better to sell meme coins as soon as there is some profit. Because meme coins can never sustain their hype and price for long. It gives a lot of profit in a very short time and goes down a lot again in a very short time

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November 22, 2021, 06:55:47 AM
 #92

I think the coin meme trend is still good because it has been proven to dominate the trending coinmarketcap, maybe this is risky but I've made a big profit of up to about 40x from the many coin memes I bought, the way is easy, I bought a lot of new meme coins with a small nominal and saw the progress, when profit large for example 20x then I immediately sell.


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cqtoner
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November 22, 2021, 07:10:08 AM
 #93

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 coin became the main culprit of the rise in eth gas fee, causing many people to cry out fomo and hatred. When gas traffic no longer occurs with meme coin, most will be reluctant to end.
judaspriest
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November 22, 2021, 08:26:15 AM
 #94

It's not really worth to hold a meme coin for a long time because the coin has no use cases and most of the meme coin were pumps and dumps so it's good only for short term, just sell it right away if you earn profit. I bought some meme coins because of the hype, I will sell them right away if I made profit.
If talking about meme coins I think what you have said seems to be right,
for sure don't equate meme coins with altcoins because they are different and when we buy meme coins don't ever hold it in the long term it's likely to lose money if that's the case,
meme coin is definitely suitable for the short term

Newlifebtc
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November 22, 2021, 10:51:57 AM
 #95

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 i will hold a coin is because of it development and how the project is moving, you can not just and hold coin that is not moving well, the money used to invest on the coin will be useless if the project is not doing, no hype of coin will make me to leave a coin that is not doing proper, i think for selling you will sell when you receive information or when you decide to sell.

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velive08
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November 22, 2021, 10:59:26 AM
 #96

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.


Any kind of coin meme if they are listed on an exchange and there is an exchange I think is very worth holding in the short and long term. in my opinion, if the memecoin has more holders then keep it in your wallet until you get a large profit value.

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November 22, 2021, 04:57:49 PM
 #97

It's not really worth to hold a meme coin for a long time because the coin has no use cases and most of the meme coin were pumps and dumps so it's good only for short term, just sell it right away if you earn profit. I bought some meme coins because of the hype, I will sell them right away if I made profit.
If talking about meme coins I think what you have said seems to be right,
for sure don't equate meme coins with altcoins because they are different and when we buy meme coins don't ever hold it in the long term it's likely to lose money if that's the case,
meme coin is definitely suitable for the short term
Memecoins doesn't have any exact time frame for holding. Some profit in the long term whereas majority of the memecoins show a massive breakout at the beginning and fades of from the market. Holders who get lucky to invest on such cryptocurrencies will be the only beneficiaries out of those memecoins. This hype will continue for some time, until then there'll be more buying and selling of those coins.

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November 22, 2021, 09:15:50 PM
 #98

In my own opinion, the hype on some of the meme coins make them pump and get more investors, and that is the reason why I hold my meme coins until my goal is attained because I set some targets once it's reached then I sell to avoid loosing complete asset. Some meme coin really have future and will do extremely well with time.
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November 22, 2021, 10:14:25 PM
 #99

I hold the coin exactly until the signals that imply a rapid fall. The main thing is the informational background and the community, if people start to leave and sell a lot of coins and I don't hold on to this coin. There is no sense, because often my investment is a small amount of money, and the task is to get a lot from a small number of investments.
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November 22, 2021, 10:29:45 PM
 #100

Why not if there are market potentials? Please have to think that when it comes to investing, it is wise to choose the coins that certainly have the use-case and are listed on the major exchanges as that it gives us some assurance to have ROI in the coming days. If these meme coins that you are talking about have those things, then it was good to go. But of course, you should not just leave your investment without checking them from time to time. It is basically needed in order to know the situation of investment or if it is a need to sell them or continue holding.
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