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Author Topic: Would you like to trading with meme coins??  (Read 823 times)
michellee
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December 10, 2021, 12:12:05 PM
 #61

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.
Yes, I knew it was risky but I am willing to take that risk. Besides that, I do not use too big money to gamble with that meme coins because at least my investment in that coin is less than $50. That is the amount that I can accept to play with meme coins. But for Shiba and Safemoon, I can see my profit still there because I bought those meme coins at the very lowest price Grin

So, for now, I think I will be waiting for those meme coins and I do not mind waiting for a long time to see the price increase. However, if the price can not grow, I am okay because I know the risk of investing in meme coins.
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December 10, 2021, 01:12:46 PM
 #62

Some may like to trade with meme coins to earn quick money.
It is true that many trader and investor choice meme project for instant profit and someone made good profit from meme coin. But meme coin means high risk high reward, Every investor can make good profit from meme coin if they invest in correct time otherwise they can lost their fund.           

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December 10, 2021, 07:16:07 PM
 #63

I traded with meme coins since i didn’t know what meme coin is. i always prefer short trades and thats why after gaining little profit, i sold my share and unfortunately i miss the hype of doge and same for shiba. After pump highly, i didn’t purchase them cause trade with those is uncertain. Due to lack of big capital, Its my bad i was unable to maintained the way what i Should done. Btw, i would like to trade meme coins in future if it suppose to be safe for trade at that moment
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December 10, 2021, 07:39:59 PM
 #64

Yes I can trade meme coins so far I can make my  profit over there. Sometimes I selected some good meme coins and trade it once it pump I sell if off buy some I think it will pump again. But for me I don't hold any altcoins for more than a week except doge and Shiba I have been holding now for more than 8 months now. I can trade any altcoins so far I will make my profit there. But all determined by your understanding.

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December 10, 2021, 08:12:13 PM
 #65

I traded with meme coins since i didn’t know what meme coin is. i always prefer short trades and thats why after gaining little profit, i sold my share and unfortunately i miss the hype of doge and same for shiba. After pump highly, i didn’t purchase them cause trade with those is uncertain. Due to lack of big capital, Its my bad i was unable to maintained the way what i Should done. Btw, i would like to trade meme coins in future if it suppose to be safe for trade at that moment
Meme coins are good for short trades and you just did it right. The hype for dogecoin and shiba was unexpected and whoever bought those coins earlier before the hype came, they just became lucky.
But those who rode the hype and bought those coins at high, they did a mistake and they're wrong with their expectation that the coins are likely to increase since everyone has to take profit, dumping is necessary.

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December 10, 2021, 09:49:14 PM
 #66

For quick profit I will trade with meme coins but I have to be extremely vigilant to close my trade quick enough meme coins no matter how quickly one makes profit from it can also be dangerous when the market turns bearish. Although meme coin poses to give good ROI but it's a very risky and uncertain market and needs less greed.
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December 10, 2021, 09:59:38 PM
 #67

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??
Investing long term in one of those coins is out of the question for someone like me, however if we are talking about trading then It depends on the meme coin that we are talking about.

Trading dogecoin or even shiba could make sense but only if you are a trader that is aware of the dangers that trading entails, those coins can be extremely volatile and you do not want to make the mistake of opening a position and then when the market goes against you refuse to sell your coins for a loss, in those cases you need to accept the small loss and move on, because if you do not then you could keep holding your coins and you will have to endure a huge crash from which most traders or investors have no chance to recover from.
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December 10, 2021, 10:00:23 PM
 #68

Actually I prefer some meme coins which already boomed in the cryptocurrencies market .. let you consider Shiba Inu meme coin which already well-known in the cryptocurrencies market. I am the fun of Shiba Inu and some Shiba Inu derivatives.
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December 10, 2021, 10:15:19 PM
 #69

For quick profit I will trade with meme coins but I have to be extremely vigilant to close my trade quick enough meme coins no matter how quickly one makes profit from it can also be dangerous when the market turns bearish. Although meme coin poses to give good ROI but it's a very risky and uncertain market and needs less greed.
It's very risky to trade on meme coins but on the other hand meme coins can also give you a quick profit,
that's the meme coin but of course it's not all just got,
choosing the right meme coin is still important and choosing a trending coin I think it's a good decision

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December 10, 2021, 10:21:57 PM
 #70

For quick profit I will trade with meme coins but I have to be extremely vigilant to close my trade quick enough meme coins no matter how quickly one makes profit from it can also be dangerous when the market turns bearish. Although meme coin poses to give good ROI but it's a very risky and uncertain market and needs less greed.
It's very risky to trade on meme coins but on the other hand meme coins can also give you a quick profit,
that's the meme coin but of course it's not all just got,
choosing the right meme coin is still important and choosing a trending coin I think it's a good decision
Memes coins suddenly pump but in the same times it also dump. But it's can easily understand that meme coin have have more possiblity to earn profits. Most of the meme coins have huge amounts of supplies.
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December 10, 2021, 10:28:31 PM
 #71

As you said yourself meme coins are more of a pump and dump scheme which the big brother used to lure naive investors in and send it holding. If you guys check the concept of this coin every well you'll see that it is just a coin created for the big brothers to enrich their purse while some people are set as prey.
Therefore, a plan of getting in quickly and getting out could be problematic so is using someone else success to make an investment decision.
There are people who do really plays on the top and those small frys would really be the ones who would fill up their pockets but doesnt mean that we wont really able to take up some advantage out of those movements specially on pumps and dumps.

If you do know on how to play with those then you could really take some profits if you do know on how to ride with the waves.

Take risk or you do just let those opportunities slip into your front.
The last time I checked no matter the level of experience in crypto no one knows how to ride with the waves of cryptocurrency just by investing in meme coins which are highly manipulated and mostly make new ATH during the Bitcoin halving effect market.
Meanwhile, the first rule of riding with the waves of the cryptocurrency market is to invest in good coins, not joke coins.

For some its considered a joke, but maybe for others who are making profits already, then they are thinking already that meme coins have high potentials to make profits once they are used in trading. Its kinda quite funny but true. No one would dare to trade with meme coins if they are not really making profits from it. And for me, its not a bad idea as long as you are seeing them having potentials, but believe me they are very risky to trade. Yes, i would rather trade with bitcoin and promising altcoins even when making profits is not that easy but i believe at the end of the day, i will still be profitable. Unlike meme coins, there will be more chances that you'll likely to lose than to gain profits. Lucky are those who have made them profitable.
If you are active on Twitter you'll see countless influencers that hype meme coins, what I am trying to point out is that its not everybody that trades meme coin does it because they are making a profit through it because some do it through what they read from some influencers.
I think we need to be honest here mate, how many meme coin potentials have actual potential? They are all pump and dump based.


But unfortunately, joke coins these days are now becoming trending and are even making profits in this crypto market. Although its more pump and dump and has no utility case, but i guess people don't see it the way it is.
Believe it or not, the big boys behind the meme coins are using the same strategy which is overbought the coin, pay influencers to make it go trend so they can lure naive crypto investors who are after profit in and later dump the coin when the traffic is high but it hurts that most crypto enthusiast easily forgets this and blame it on market volatility.

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December 13, 2021, 01:33:27 PM
 #72

Actually I prefer some meme coins which already boomed in the cryptocurrencies market .. let you consider Shiba Inu meme coin which already well-known in the cryptocurrencies market. I am the fun of Shiba Inu and some Shiba Inu derivatives.
Shiba Inu has a very profitable meme coin for his all investor's and also i want to tell you that now It's price is very high from his all time low price, so it is very risky for buying and holding but we can buy this just for trading.         

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December 13, 2021, 01:47:31 PM
 #73

Until now I very often trade meme coins because I think it is very profitable where the movement of coin prices shifts quite large every day which makes it possible to take profits quickly but the risk that will be faced is also proportional to what will be obtained.

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December 13, 2021, 02:24:26 PM
 #74

As long as I can profit from meme coins, I will trade meme coins until I see the situation is not right to use meme coins to trade and I will search for the other coins that can be profitable for me. Maybe Shiba is still profitable until now, but we don't know how long Shiba can give us the profit so we should use this time for our benefits and leave it when it is not profitable anymore. But we don't have to force ourselves to use meme coins to trade if everything changes and we are hard to profit. Many other coins can give us profit.
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December 13, 2021, 03:03:48 PM
 #75

Actually I prefer some meme coins which already boomed in the cryptocurrencies market .. let you consider Shiba Inu meme coin which already well-known in the cryptocurrencies market. I am the fun of Shiba Inu and some Shiba Inu derivatives.
Shiba Inu has a very profitable meme coin for his all investor's and also i want to tell you that now It's price is very high from his all time low price, so it is very risky for buying and holding but we can buy this just for trading.         
Yes to invest in shiba inu which is a meme coin I think it is very risky because we can see that the fluctuation of the meme coin is very high,
for trading it can still be profitable but we have to be able to manage it properly and otherwise we can lose money

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December 13, 2021, 03:06:40 PM
 #76

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??

I am not very experienced when it comes to trading meme coins. For me meme coins are just a very risky bet that I look at as a buy and hold coin. Actively trading meme coins might be profitable for the intermediate trader. Using technical analysis is usually a good tool for trading crypto currencies, but to make the big profits with meme coins we would need them to viral. For a meme coin to make high profits like with doge coin it has to become very popular. When the horde of reddit traders pick up a meme coin it's a good time to consider selling.
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December 13, 2021, 03:12:43 PM
 #77

Memes coins suddenly pump but in the same times it also dump. But it's can easily understand that meme coin have have more possiblity to earn profits. Most of the meme coins have huge amounts of supplies.
Most do have a lot of supply and this started with the DOGE meme coin which went up drastically due to Elon Musk and then followed by the shiba inu which went up by thousands of percent and made other meme coins pop up.
meme coins that keep popping up are just speculative coins that don't have any benefit. It's very risky, but meme coin enthusiasts continue to create hype. But in the end some meme coins lose their fan base and have no value anymore.
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December 13, 2021, 03:29:26 PM
 #78

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??
I set aside some of my money to trade on meme coins and don't expect too much because I know the huge risks involved.
but while many people who choose to trade on meme coins are those who know it's a big gamble to take big profits, it's well worth it.

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December 13, 2021, 10:09:29 PM
 #79

I did trading for meme coins and my trading results was quite impressive that i could make decent profit from it several month ago but i do not dare to hold them for long term because the price of meme coins were quite unpredictable and seems lately meme coins became so hype among the traders that some of them even can make 10x or even 100x during trade for meme coins

I think you did very well, because if you changed in time you were correct, for me meme coins represent a lot of risk, even much more risk than the same NFT games, because meme coins are basically a pump and dump, which, DOGE for me is the King of memes, and has a good godfather like Elon Musk, however that applies only to Doge, when meme monendas come out, the fever only lasts for a short time, it is only because of the fashion of the moment and then they fall hugely priced and if the btc falls then the crash for the meme currency is impressive.

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December 13, 2021, 11:31:03 PM
 #80

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??
I set aside some of my money to trade on meme coins and don't expect too much because I know the huge risks involved.
but while many people who choose to trade on meme coins are those who know it's a big gamble to take big profits, it's well worth it.

how do you choose the meme coins you need to invest? do you just buy any meme currency with the hope that it will go up or do you choose the best project and go back to my initial question of how you choose the best meme currency to invest?

I did trading for meme coins and my trading results was quite impressive that i could make decent profit from it several month ago but i do not dare to hold them for long term because the price of meme coins were quite unpredictable and seems lately meme coins became so hype among the traders that some of them even can make 10x or even 100x during trade for meme coins

I think you did very well, because if you changed in time you were correct, for me meme coins represent a lot of risk, even much more risk than the same NFT games, because meme coins are basically a pump and dump, which, DOGE for me is the King of memes, and has a good godfather like Elon Musk, however that applies only to Doge, when meme monendas come out, the fever only lasts for a short time, it is only because of the fashion of the moment and then they fall hugely priced and if the btc falls then the crash for the meme currency is impressive.


he was lucky, the problem is that this type of investment is extremely risky

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