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Author Topic: Would you like to trading with meme coins??  (Read 775 times)
geegaw
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December 04, 2021, 02:40:17 PM
 #21

I can say that you can make profit with meme coin only if you are on high alert with the chart movement and got lucky when it pumped all of a sudden. However, it’s still very risky than investing on long term coins and tokens in the market. I had no luck in trading meme coins, as 99.9% of them are at a loss lol.
Sometimes intense concentration is good to train the accuracy of each trading session but it applies to good altcoins which will have more stability as the charts drawn have more key points that can be exploited while with the coin meme, the graph drawn is quite an illusion of volume and fluctuations, pay close attention to the pumps of the meme coin, almost a suddenness and vigilance cannot contribute to this light oscillation handling. Once unprocessed, inertia and personal handling become more, the coin meme is quick gambling, not genuine trading thinking

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December 04, 2021, 02:45:21 PM
 #22

I can say that you can make profit with meme coin only if you are on high alert with the chart movement and got lucky when it pumped all of a sudden. However, it’s still very risky than investing on long term coins and tokens in the market. I had no luck in trading meme coins, as 99.9% of them are at a loss lol.
Buying meme coins I think the right time is when there is a trending coin it's good to buy and has the potential to go up,
in trading meme coins we have to really use it well otherwise we will lose money because the risk is big,
and at times of hype it's time to sell and make a profit don't hold it in too long

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December 05, 2021, 08:17:28 PM
 #23

I already have done several trades with meme coins. For me, I'm a detector, who always looking for opportunity. And if i found an opportunity on any meme coins then of course i would like to best use of it. I know, such step could be risky so need to get alert highly but its not about "meme coin market will crash after i open a trade with meme coins" but definitely I'll select a meme coin whom can be trust & good marketcap

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December 05, 2021, 09:59:48 PM
 #24

I already have done several trades with meme coins. For me, I'm a detector, who always looking for opportunity. And if i found an opportunity on any meme coins then of course i would like to best use of it. I know, such step could be risky so need to get alert highly but its not about "meme coin market will crash after i open a trade with meme coins" but definitely I'll select a meme coin whom can be trust & good marketcap

If you know when to enter and exit, and get your profits, then you're all good. Because most are just waiting and holding up until they incur big losses. With meme tokens, for me, this is not for long-term, you should discard it once you are in good profit. Because if not, you will be holding crap tokens with no value in the market. So if you are just into meme tokens for the sake of profit, why not? But for long-term, I don't suggest.
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December 05, 2021, 11:08:39 PM
 #25

Crypto alone are enough volatility.

with meme coins poping up everyday and the volume get higher as well ... there is double volatility for you.
if you choose to go for full speculation then go ahead , just remember the risk .
some people says it's shit and will get disappeared someday , better to trade on something that well known and you just had one job. minimize tge risk , not taking that double risk.

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December 05, 2021, 11:48:28 PM
 #26

People always select good altcoins for trading which could raise up and make them profitable. Some may like to trade with meme coins to earn quick money. which might help them to change their future & fulfil their come dream true over night or might be result lost everything after go down those meme coins unexpectly and never come back. Have you even trade with meme coins or Would you like to trading with meme coins??
If you are a trader I don't think so that you will only trade with meme coins. Because for me as a trader, if I am choosing a pair that I will trade on, I have several reasons and considerations. Like trading volume, market structure. Trading volume is much important because it indicates how active the market is or that pair.

So regarding with meme coins, recently they are owning and pumping so you can see huge votality and trading volume, so it still depends and also in different timeframe.

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December 05, 2021, 11:55:24 PM
 #27

People always select good altcoins for trading which could raise up and make them profitable. Some may like to trade with meme coins to earn quick money. which might help them to change their future & fulfil their come dream true over night or might be result lost everything after go down those meme coins unexpectly and never come back. Have you even trade with meme coins or Would you like to trading with meme coins??

Yes, I trade meme coins. Not because they are good but there's a good volume. Regardless of a coin status, just trade them if you see them active in the market.

That's why we trade in the first place, right?

As always, be careful on the way.
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December 06, 2021, 01:39:02 AM
 #28

Whether we like it or not, we do trade it, not a few of the market for meme coins have penetrated many traders and including myself, have traded 5 to 10 meme coins. To eliminate curiosity, because on social media everything is quite full of news and hype mem coin. Although I know how the risk behind it all. However, as many people feel, if I don't try, I don't know what the risks are. After trying it, the results are completely different from other coins in general.

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December 06, 2021, 03:28:14 AM
 #29

I already have done several trades with meme coins. For me, I'm a detector, who always looking for opportunity. And if i found an opportunity on any meme coins then of course i would like to best use of it. I know, such step could be risky so need to get alert highly but its not about "meme coin market will crash after i open a trade with meme coins" but definitely I'll select a meme coin whom can be trust & good marketcap

If you know when to enter and exit, and get your profits, then you're all good. Because most are just waiting and holding up until they incur big losses. With meme tokens, for me, this is not for long-term, you should discard it once you are in good profit. Because if not, you will be holding crap tokens with no value in the market. So if you are just into meme tokens for the sake of profit, why not? But for long-term, I don't suggest.
And to use them for trading is risky, that would I say. If ever I have some meme coins, I certainly don't hold but rather sell them and invest in potential coins. Even we could say that Shiba Inu is growing and has the potential, but because of being a meme coin, that still we need to be careful and wise enough.
I don't stop people from using meme coins for trade as that was their choice but should be aware of the risk accompanying it as it was far different from those coins that have been known for trading and have huge trade volume.

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December 06, 2021, 01:27:15 PM
 #30

it's like betting with all odds and I think it's very much worth the risk and what we're going to get.
I've done it before and really want to do it again, but one thing don't ever expect too much from a meme coin because the risk of being disappointed is very big. buy with little money to expect big profits, very comparable in my opinion.

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December 06, 2021, 02:10:01 PM
 #31

it's like betting with all odds and I think it's very much worth the risk and what we're going to get.
I've done it before and really want to do it again, but one thing don't ever expect too much from a meme coin because the risk of being disappointed is very big. buy with little money to expect big profits, very comparable in my opinion.

Stick to cold money and as you said shouldn't have high hopes. Because the pump nature of the meme coin is just manipulation. When we want to sell it we are only fooled by the increase that Dev is deliberately doing to attract people who don't pay attention to the liquidity they take out after buying more.

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December 06, 2021, 04:35:23 PM
 #32

People always select good altcoins for trading which could raise up and make them profitable. Some may like to trade with meme coins to earn quick money. which might help them to change their future & fulfil their come dream true over night or might be result lost everything after go down those meme coins unexpectly and never come back. Have you even trade with meme coins or Would you like to trading with meme coins??
most of them who trade on meme coins end up losing because the bulls that occur on meme coins are unpredictable and very difficult to analyze. I avoid trading with meme coins because it doesn't suit for me.

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December 06, 2021, 10:51:54 PM
 #33

Shiba have given the memecoins a separate place in the crypto market. Before the bounce of Shiba we used to talk about shitcoins and not very rare to discuss about memecoins. Once after the growth of shiba, more memecoins reached the market and the same has grown in value as well as got good trading volumes.

Trading with certain memecoins is really good, but to find such coin is really a tough task. As of now Shiba is my choice for trading among the memecoins, because even after hard fluctuation there is recovery to some extent. This will support with profit making out of the regular buy/selling.

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December 06, 2021, 11:10:55 PM
 #34

i will really stay away from trading meme coins because most have manipulated prices thanks to pump and dump so imagine someone buys a meme coin for the price of $50, that person buys thinking about day trading, 5 minutes then the coin drops 10% and then it starts to drop a lot and that person forgot to put STOP - LOSS and when the person pays attention the coin is at $30. honestly who the hell wants to go through this?

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December 07, 2021, 05:24:17 AM
 #35

I still trade with memecoin, it is undeniable that trading with memecoin really triggers adrenaline because the price movements down and up very quickly, what I can learn from trading on memecoin is that it is always consistent with the target that has been made if the profit target made is 10 % then immediately take profit if it has been achieved, it is greed that often makes traders lose a lot.

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December 07, 2021, 07:47:39 AM
 #36

First I said I don't want to trade with meme coins, the risk is that for those of us who only have simple capital, it will be very difficult to face the so-called loss. Moreover, meme coins when they fall are very difficult to return, they can even be left by their owners. although coin memes can quickly provide large profits, but because of the large risks that make me reluctant to invest there.

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December 07, 2021, 08:29:36 AM
 #37

I am not trading meme coins too often except if the meme coins have a good volume. But I already traded Shiba and Safemoon before, which gave me a good profit. I search for the other meme coins, but I have not decided yet if that meme coin is good enough to provide me with the other profit. But I still keep some balance of Shiba and Safemoon just in case the price can increase suddenly to be another profit to me. Trading meme coins will have a risk such as a pump and a dump that can come to that coins unless you want to buy the meme coins and hold them for some time but if you do that, you need to think about the price that can be too volatile.

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December 07, 2021, 12:33:19 PM
 #38

I'm currently trading meme coins, and finally I'm holding, this time I'm holding a shiba inu which is on a hard decline. but the capital I use is only a little, and it's just for fun, because I think trading on meme coins is very risky, so because I'm interested, I use a little capital to trade. and currently many communities are frustrated, if I look at the facebook group, but I judge many of them are still newbies

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December 07, 2021, 02:41:25 PM
 #39

I am not trading meme coins too often except if the meme coins have a good volume. But I already traded Shiba and Safemoon before, which gave me a good profit. I search for the other meme coins, but I have not decided yet if that meme coin is good enough to provide me with the other profit. But I still keep some balance of Shiba and Safemoon just in case the price can increase suddenly to be another profit to me. Trading meme coins will have a risk such as a pump and a dump that can come to that coins unless you want to buy the meme coins and hold them for some time but if you do that, you need to think about the price that can be too volatile.
You trade meme coins too often or not. Memecoin is never a good investment/trading decision choice and if we look at the foundation of meme coin they are created for fun and to serve as a tipping coin. Although, all this changed where new project integrated buyback, passive income which is also called RFI-Static rewards but all these features are to encourage and lure in investors.

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December 07, 2021, 09:13:47 PM
 #40

I am not trading meme coins too often except if the meme coins have a good volume. But I already traded Shiba and Safemoon before, which gave me a good profit. I search for the other meme coins, but I have not decided yet if that meme coin is good enough to provide me with the other profit. But I still keep some balance of Shiba and Safemoon just in case the price can increase suddenly to be another profit to me. Trading meme coins will have a risk such as a pump and a dump that can come to that coins unless you want to buy the meme coins and hold them for some time but if you do that, you need to think about the price that can be too volatile.
You trade meme coins too often or not. Memecoin is never a good investment/trading decision choice and if we look at the foundation of meme coin they are created for fun and to serve as a tipping coin. Although, all this changed where new project integrated buyback, passive income which is also called RFI-Static rewards but all these features are to encourage and lure in investors.
Its definitely risky to trade meme coins as well as investing in it since its more on a pump and dump. But if those meme coins have good trading volume, then maybe i'll try my luck then just get out quickly when the hype is over. Others have been trading already with meme coins and they end up making profits on it but this does not happen all the time. Trading meme coins may also lead to a huge loss if we are not that smart enough to monitor the price update since most of the meme coins suddenly drop their value with no guarantee to return again.
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