Sled
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December 13, 2021, 11:48:03 PM |
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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 we still have another option, why I should take these meme coins? I'd rather choose those coins that are higher potential, not these joke projects. Of course, some traders will think it was a good choice, yeah, that eventually their choice either. We could think that we all have differences and we work on our trade depending on our preferred coins. For me, I use those coins that have a good market volume. That is because I see them with less risk and a high possibility to gain which I'd never see from meme coins.
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airdata
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December 14, 2021, 09:45:22 AM |
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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
Meme coin means high reward but have high risk, everything is possible for meme coin and meme coin was profitable when It was trending but not meme trend is over so now it is risky.
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bakasabo
Legendary
Offline
Activity: 2492
Merit: 1213
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December 14, 2021, 10:25:13 AM |
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I dont like trading with meme coins because they are always connected with risk. You can buy some of them, planning holding and selling a a very high price, but all of a sudden they turn scam and get delisted. For it is always hard to predict which meme coin will live long, and which will die as soon as devs grab enough funds. Because lots of meme coins imitate other coins and die quick, holding them is very risky. But buying and selling them back in a couple of hours never brought me much profit or brought any profit at all. That is why I dont trade them.
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awik p
Full Member
Offline
Activity: 1526
Merit: 111
Pepemo.vip
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December 14, 2021, 01:12:20 PM |
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I don't like trading on coin memes at all, trading on major pairs will be safer. trading category means we are only looking for a small but sustainable profit. I will not risk big risks to get small profits, because meme coins seem easy to control unlike major coins in cryptocurrencies, because my characteristic is short-term trading
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airdata
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December 14, 2021, 03:38:50 PM |
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I will not risk big risks to get small profits, because meme coins seem easy to control unlike major coins in cryptocurrencies, because my characteristic is short-term trading
21 November 2021 i bought Two different meme coin Kishu Inu and Safemoon, although my investment amount was very low, now i see that both coin has 70-80% dump from my buying price and i don’t know when it will recover becouse both are meme project and everything is possible for meme coin.
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wxa7115
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December 16, 2021, 07:21:30 PM |
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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. As long as the amount of money that you had invested in those meme coins is very small then I could see the merits of considering your investment in them as a risky bet, after all that is how portfolios should be built, the majority of you money should be in safe assets, then a smaller portion on more risky assets and then an even smaller portion of your capital in assets that are even more volatile. As long as your portfolio is built like that then you have a chance of making some decent profits while at the same time you limit the damage those coins could do to your capital, however that would be the only instance in which I think it will be appropriate to hold those coins for the long term.
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ScamViruS
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December 16, 2021, 07:58:01 PM |
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I don't like trading on coin memes at all, trading on major pairs will be safer. trading category means we are only looking for a small but sustainable profit. I will not risk big risks to get small profits, because meme coins seem easy to control unlike major coins in cryptocurrencies, because my characteristic is short-term trading
Most traders are unable to control their emotions which can lead them to make wrong decisions at different times in the hope of quick profits which may result in bad things for them. Meme coins created hype in the crypto market, some of which were successful and the rest went out of the market with traders' money. So try to figure out which coin will pump the most in the market next time, without wasting time in such activities, research and invest the coins that have good future prospects.
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Dragonfund
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December 16, 2021, 08:11:31 PM |
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How do you intend to trade something that's so volatile, you wouldn't enjoy it at all. The fists one minute, you already gain a 400% and the next minute that you wanted to sell, it collapse, that will be hell trading, if Care is not taking, you may lose your capital. How do you even intend to rush out of loss when your entire portfolio is very prone to loss, not even a stop loss is recommended with meme coins because of the problems associated with stop-loss, it may not get triggered and you will be left with nothing at the end of the day. No work done or should I say no profit after the whole TA drawn-out.
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Distinctin
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December 16, 2021, 08:16:16 PM |
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I don't like trading on coin memes at all, trading on major pairs will be safer. trading category means we are only looking for a small but sustainable profit. I will not risk big risks to get small profits, because meme coins seem easy to control unlike major coins in cryptocurrencies, because my characteristic is short-term trading
Most traders are unable to control their emotions which can lead them to make wrong decisions at different times in the hope of quick profits which may result in bad things for them. Meme coins created hype in the crypto market, some of which were successful and the rest went out of the market with traders' money. So try to figure out which coin will pump the most in the market next time, without wasting time in such activities, research and invest the coins that have good future prospects. For it quite a short time, meme coins are profitable, and we can't deny that attract people to go with meme coins and buy them. I can't tell it was a bad choice of coins since many traders are doing well and gaining more like Shiba and Dogecoin but what makes it so sad when you are buying the worthless coins of all. People had to look for any market opportunity and I don't hold them to use meme coins instead of using those known coins. And perhaps, I'm into that thing doing the same, sometimes.
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ScamViruS
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December 16, 2021, 08:45:11 PM |
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For it quite a short time, meme coins are profitable, and we can't deny that attract people to go with meme coins and buy them. I can't tell it was a bad choice of coins since many traders are doing well and gaining more like Shiba and Dogecoin but what makes it so sad when you are buying the worthless coins of all.
People had to look for any market opportunity and I don't hold them to use meme coins instead of using those known coins. And perhaps, I'm into that thing doing the same, sometimes.
Two meme coins have been massively successful in the market, shiba inu and dogecoin. And using the hype of these two coins, many more coins have come into the market and run away with the money of the traders. While many crypto investors are making huge profits from shiba inu and dogecoin, it is also true that many people have lost a lot of money by investing in meme coins. So here are two stories: Investors who make the right decisions at the right time are the gainers.
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isaac_clarke22
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December 16, 2021, 08:47:06 PM |
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~
Mostly these meme investors just check the news on what their favorite celebrity shills. I mean we already knew that time when Musk was still hot topic in this forum, both alts and BTC. I am pretty sure there are way more meme coins out there that just doesn't get mentioned just yet or at least not yet shilled by some other rich guy in the internet.
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TinaK
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December 16, 2021, 09:02:22 PM |
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~
Mostly these meme investors just check the news on what their favorite celebrity shills. I mean we already knew that time when Musk was still hot topic in this forum, both alts and BTC. I am pretty sure there are way more meme coins out there that just doesn't get mentioned just yet or at least not yet shilled by some other rich guy in the internet. In short, they want to profit in a certain time which is those dump and pump are most profitable in a short term but the riskier in all kinds of investment because there is a possibility that you may scam, or mostly in meme coin are scam. Just like the Shiba Inu coin, we know that there is no real use in the community just to destroy dogecoin but still they still have investors because of the hype. But now look at them, there are too many investors who are trapped during the pump and it could be they were not recovered anymore or else cut their loss.
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Oceat
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December 16, 2021, 09:02:25 PM |
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~
Mostly these meme investors just check the news on what their favorite celebrity shills. I mean we already knew that time when Musk was still hot topic in this forum, both alts and BTC. I am pretty sure there are way more meme coins out there that just doesn't get mentioned just yet or at least not yet shilled by some other rich guy in the internet. Let's just be honest because I'm sure most of these nee investors are only after for the profit that's why they invested in meme coin plus the hype of Elon it makes them to FOMO but once there is a FOMO, we know for sure that whales like Elon would dump a little and try to pump it back again with the hype. People really are following with what's the hyped coins nowadays and starting to FOMO lucky for them Elon didn't dump it yet but are they ready for the outcome if one day Elon suddenly dump his coins?
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3996
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blockman
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December 16, 2021, 09:51:08 PM |
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21 November 2021 i bought Two different meme coin Kishu Inu and Safemoon, although my investment amount was very low, now i see that both coin has 70-80% dump from my buying price and i don’t know when it will recover becouse both are meme project and everything is possible for meme coin.
It's because you've already bought it during the hype and now, it's already done. I've got tempted to buy any of those but luckily, I didn't spent any penny from buying those. There's no way to know when those meme coins you hold will recover. Because most likely, they're not going to recover anymore or if there's a pump that could happen, it would just be a few pumps, and then it's already done. That's why the best thing to do in your situation is just to move on and make a wiser decision soon.
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kawetsriyanto
Legendary
Offline
Activity: 2408
Merit: 1139
duelbits.com
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December 16, 2021, 10:00:19 PM |
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I have done trading with meme coins, but for Doge and SHIB only. I can say that trading with meme coins is very tricky, must follow the current news of those coins. Most of the increases in meme coins prices are driven by the good news about the next listing, partnership, or its adoption. The meme coins armies are the people who often spread the news. So, actually, the price change in meme coins can be influenced by the activities of a group of people like meme coin armies. Or can be triggered by a statement of a popular person like Elon Musk. Because the price can be influenced by these factors, and not based on fundamentals, I think trading with meme coins is not for beginners. Personally, I think I am no longer interested to trade with meme coins.
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adzino
Copper Member
Hero Member
Offline
Activity: 3010
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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December 17, 2021, 12:26:26 AM |
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Those meme coins are very volatile. The drop and rise very fast. You could take advantage of those volatility to make some quick profit. but remember, with those quick profit, there is also a chance to lose everything very quickly. I mean the risk is very high. I would suggest you not to risk too much on meme coins, just a little that you can afford to lose. Invest rest on well known coins. They are less riskier to trade. If trading doesn't goes well, you can hold the coins that you are trading and in the long run, you will make some very good profit.
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lienfaye
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December 17, 2021, 01:37:34 AM |
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I already tried to trade meme coins few months ago and luckily made profit from it for selling at the right time. Its quite risky and not advisable but if you happen to trade the right meme coin then you can earn huge quickly.
But these coins are not a type that you can hold for long term, they come and go without an assurance to profit if you buy. Because not all meme coins can increase, plus without hype of someone popular or shilling by the community, its not going to be profitable. Hence dont invest in meme coins if you dont want to lose your money in snap.
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MFahad
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December 17, 2021, 05:46:56 AM |
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I already tried to trade meme coins few months ago and luckily made profit from it for selling at the right time. Its quite risky and not advisable but if you happen to trade the right meme coin then you can earn huge quickly.
But these coins are not a type that you can hold for long term, they come and go without an assurance to profit if you buy. Because not all meme coins can increase, plus without hype of someone popular or shilling by the community, its not going to be profitable. Hence dont invest in meme coins if you dont want to lose your money in snap.
When meme coins was introduced in market first coin i bought was safemoon and safemars in bsc network. Yhey both give me 30x . after than i tried trading in some more coins but result was loss . some project also proved to be scam and removed liquidity from pancakswap. Then i stopped trading memecoin but 1 months ago again i took entry in Shiba when it was rising day by day and made 2x. I generally only trade top coins and hate memecoins.
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AakZaki
Legendary
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Activity: 2338
Merit: 1084
zknodes.org
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December 17, 2021, 04:16:59 PM |
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21 November 2021 i bought Two different meme coin Kishu Inu and Safemoon, although my investment amount was very low, now i see that both coin has 70-80% dump from my buying price and i don’t know when it will recover becouse both are meme project and everything is possible for meme coin.
especially at this time, maybe your dump potential has exceeded 80%. Meme coins carry a high risk of buying at a high enough price without thinking about what will happen next. The meme coin depends on the fundamentals and some of the development of the meme coin. like safemoon which has more future than Kishu, because safemoon has their own wallet. Do your research first before buying memecoin.
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ReiMomo
Sr. Member
Offline
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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December 17, 2021, 06:17:18 PM |
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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 on meme does not assure anyone on a quick return whereas others or not. I am sure, investors focused on meme coins when there was a news on Elon Musk tweets. Doge got a huge trading volume and them followed by creation of so many meme coins including Shiba Inu. And there was a rumor that Shiba Inu was of Elon. Such news spread and brought in more investors on meme coins. Recent ATH of Shiba Inu expanded the confidence in new investors to invest in.
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| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
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