Can you make money from meme coins?

[lalabotax]

I already made money from SHIB and Doge in 2021. I got $200, then I lost $300. I'm tired of meme coins, simply give up. The risk is too big compared with the profit chances, not recommended to trade. If you want to trade or invest, I suggest buying fundamental coins/tokens. For me, the meme coins trend is over already, we are in Metaverse or Gaming coins/tokens right now.

[Protomono]

Meme coins will be good if we buy them when they are cheap and as soon as there is a profit we can sell them again, don't make meme coins a long term investment because this will be different from big coins like Bitcoin and ETH. It's better to switch to Metaverse coins/tokens now by taking advantage of this hype to make profits in the future.

[pushups44]

You can make money on just about any cryptocurrency or digital token during a bullish mania. The problem with meme coins is that they are susceptible to more violent drops during bear markets, with less of a chance of a long-term recovery. It's thus best to stick to projects with solid fundamentals.

I understand that people can feel that they missed out on the top cryptos when they consider the lesser-known ones. However, as a general rule investors will be better served by focusing on fundamentals rather than hype.

[lienfaye]

I already made money from SHIB and Doge in 2021. I got $200, then I lost $300. I'm tired of meme coins, simply give up. The risk is too big compared with the profit chances, not recommended to trade. If you want to trade or invest, I suggest buying fundamental coins/tokens. For me, the meme coins trend is over already, we are in Metaverse or Gaming coins/tokens right now.

For someone who experience to lose investing in meme coins, you probably aware of the risk why its not advisable to invest in these coins that doesnt have a real use case. Even there's a new trend already, its still a best option to always choose a well-established coins because it is suited either for short or long term holding.

[worle1bm]

In my opinion it's actually the opposite which means the meme coins creator and big whales can make profits out of your pockets so it's better to stay away from them.Last time what happened when the Shiba Inu prices went up? The exchange server crashed and people were not able to sell at peak and then eventually the crash followed which is the last thing for these meme coins.You only loose funds in them nothing else so be aware from them.

[JonsonMorris]

Meme coins are cryptocurrencies that have risen in popularity in a short period of time, usually as a result of influencers and retail investors promoting them online. Dogecoin is the original meme currency - it was created in 2013 as a joke based on a meme. It rose to fame after Elon Musk started tweeting about the cryptocurrency and retail investors started buying in droves. While it is possible to make money by investing in meme coins, this type of investment is incredibly risky and more similar to gambling than a real investment. If you  buy and sell at  the right time, you could make a profit. However, you are more likely to lose all or most of the money invested. A better strategy is to focus on investments that are likely to do well over the long term. Cryptocurrencies generally remain highly speculative, so no one knows how they will perform over time. But when investing in cryptocurrencies, make sure you choose coins that have fundamentals and stand the test of time. In my opinion, we can make more money from CRD Coin. So we should invest in this crypto.

[virasog]

Personally I think that the chance to make money from meme coin is small. Look at DOGE, and look at SHIB, these two coins are like the top meme coins that we have in the market, but the both of them are not really encouraging at all. These two trended around last year, but the trend didn’t last for long and they were back to square one again.

Both of them are even finding it difficult to make a return to their higher price this year, and they’re not even showing any good signs at all that would encourage me as an investor to go for them at all. Meme coins for now are not for me, but if you should see one that you think is good, then it is up to you.

Do you know that Doge and shib are those coins which have given a lot of returns in 2021. Anyone who have investied in dogecoin prior to 2021, he must have make millions only by trading doge.
Meme coins are still worh investing but keep two things in mind.

1) Only invest limited amount in meme coins
2) do not invest when the meme coins have already raised a lot in price and wait for retracement.

[Pujangga]

As investors, we have to be good at dividing our investment portion, meme coins is a trend that is still good and I'm sure it will continue, even though many meme coins die, and the easiest thing is to invest in new listed meme coins so that when the market skyrockets, we can immediately sell it and profits.

[bittick]

Whatever it is, you can make money, even the coin meme has a good trend although it often comes with dubious manipulations from Elon. 

I guess elon didn't do it. It must be another party who has been taking the advantage by doing manipulation to the price of meme token. Remember that elon was even investing in the doge coin and hodl it on his wallet. it has nothing to do with manipulating the doge coin. Elon was always shilling the meme token but it got limited into the doge coin and some times shiba inu. I never heard elon was mentioning another token. I think that your opinion about elon was manipulating the market was not true.

[DonFacundo]

You can still make money from meme coins but it's difficult to find one that gives you a decent profit, you know the meme trend was over so it's really difficult to make money now. Seems you trying to shill a jedi meme coin I don't think if this one can make you money but if you really want to take risk investing in meme coin then good luck.

[aylabadia05]

The increase in meme coin price is just hype and I have absolutely no interest in meme coins so for me looking for profit on meme coins just makes my activity grow. It's up to what strategy you convey. It's better to focus on potential coins than meme coins to make money.

[QueenVera]

The increase in meme coin price is just hype and I have absolutely no interest in meme coins so for me looking for profit on meme coins just makes my activity grow. It's up to what strategy you convey. It's better to focus on potential coins than meme coins to make money.

The memecoin are also potential coins, the idea here is just to make money so yes you can make money from memecoin, infact it is one of the fastest way to make money in the market as of recent although money made from memecoin are not guaranteed to be stable which means whenever you are in profit in any memecoin you have invested in, you have to take profit or get dumped on by the early investors.
Memecoin investment are very risky which is why people stay away from them but that does not mean, investors are not profiting from them.

[OrangeII]

The memecoin are also potential coins, the idea here is just to make money so yes you can make money from memecoin, infact it is one of the fastest way to make money in the market as of recent although money made from memecoin are not guaranteed to be stable which means whenever you are in profit in any memecoin you have invested in, you have to take profit or get dumped on by the early investors.
Memecoin investment are very risky which is why people stay away from them but that does not mean, investors are not profiting from them.

well, it's very clear we can make a lot of money from memecoin. however, we need to realize that the risk in memcoin is very large. it's true that there are already so many people who have benefited from memecoin in the early days of adopting memecoin. however, for now, I think it's worth considering. if you're still using your money, you might need to do some deep research before actually investing although I'm pretty sure the results are still ambiguous. Profiting from memecoin is tough, but the potential is huge. So, before investing, make sure that you are prepared to lose the money.

[aylabadia05]

The increase in meme coin price is just hype and I have absolutely no interest in meme coins so for me looking for profit on meme coins just makes my activity grow. It's up to what strategy you convey. It's better to focus on potential coins than meme coins to make money.

The memecoin are also potential coins, the idea here is just to make money so yes you can make money from memecoin, infact it is one of the fastest way to make money in the market as of recent although money made from memecoin are not guaranteed to be stable which means whenever you are in profit in any memecoin you have invested in, you have to take profit or get dumped on by the early investors.
Memecoin investment are very risky which is why people stay away from them but that does not mean, investors are not profiting from them.

What you say is not wrong. Many investors are profiting from meme coin quickly or slowly. But not with me and other investors who are not interested in using capital on meme coin. Because every investor is different in seeking profit and that must be understood.

[MinMan]

I agree with what you said. Selecting the meme coins needs more research because most of them are scams and we will only send our money to them without having a chance to make money. Shiba and Safemoon are also meme coins but I feel that both are different because I see there is a development from the dev and team but I am not really sure if those meme coins can survive in the long term. If you want to invest in meme coins, I suggest you do not have a big hope to make a big profit like others because the time for meme coins can be over anytime. So maybe you should invest in other reliable coins or tokens.

There are no other meme coins back on the early days and that can be the reason why dogecoin survived but now that we already have a dogecoin and aside from dogecoin, the competition of meme coins are way too much. Shiba inu is a new meme coin but it is better than doge coin in terms of acceptance if we compare it from the old days of doge because shiba is now listed on several top exchangers like binance, coinbase and bitmart.

Cannot really tell if shiba coin is better investment than in doge because doge is still down and seem hard to get up but the security of investing in dogecoin is high because its old enough and wont be delisted easily.

[BuNga_cute]

I think meme coins are good luck and bad luck because meme coins are coins that are often called trash coins because of their unclear purpose but these coins are very easy going up often surprising so if meme goes up it's a luck for the holder and if it gets destroyed it's bad luck so if you hold the meme coin my advice don't get your hopes up.

Meme coins can give us profit if we are not greedy, meaning that if we buy meme coins and the price goes up we must immediately take profit.
Because if we hold it for too long, and expect a much bigger profit, it is likely that the price of meme coins will fall in price soon. Most of the meme
coins are used as a pump and dump by the whales for their personal gain, so investing in meme coins is only for the short term. Actually, we don't
need to rely on luck to be able to make a profit from meme coins, as long as we can do research and analysis correctly, we can predict when the time
to buy and sell.

[ledu_ico]

LEDU project which have been in existence for some years since 2019 operating on etheruem blockchian then.
now it wants to broaden its operation to the binance blockchain .
currently its trading on latoken,sushi swap,bithumb . its currently working on getting listed on pancake,poocoin,kucoin and  binance.

INVEST IN THIS PROJECT AND EARN HUGE ROI.
Join the official handles via the links belows to be among the 10k persons to recieve the airdrop soon to come on listing in pancake.

https://t.me/ledu_token
https://t.co/eIOQipv31P
https://twitter.com/eduecosystem1

[Nazmul012]

Op is promoting a meme coin which can be considered as okey cause others also do promotions. but the fact is, force coin seems scam and op trying to promoting this scam for his own benefit. Total Supply is 1 JEDI, is surprising to me. Its possible to make money from meme coins if it can be handle correctly during purchase or sell but don't found any options where people could make money with this scam.

[LUCKMCFLY]

I think meme coins are good luck and bad luck because meme coins are coins that are often called trash coins because of their unclear purpose but these coins are very easy going up often surprising so if meme goes up it's a luck for the holder and if it gets destroyed it's bad luck so if you hold the meme coin my advice don't get your hopes up.

Meme coins can give us profit if we are not greedy, meaning that if we buy meme coins and the price goes up we must immediately take profit.
Because if we hold it for too long, and expect a much bigger profit, it is likely that the price of meme coins will fall in price soon. Most of the meme
coins are used as a pump and dump by the whales for their personal gain, so investing in meme coins is only for the short term. Actually, we don't
need to rely on luck to be able to make a profit from meme coins, as long as we can do research and analysis correctly, we can predict when the time
to buy and sell.

For me, if you can make money, yes and only if the BTC begins to rise rapidly, and the meme currency community begins to get excited and put money into the market, causing the currency to rise in price, this will generate that many who know and they don't know the currency, buy it, because they know very well that the currency will rise more, and take advantage of this until they make their PUMP move, once they have done it, the best thing is to withdraw so that later it is not too late, at least I think that that is the best strategy.

[Kocret02]

Op is promoting a meme coin which can be considered as okey cause others also do promotions. but the fact is, force coin seems scam and op trying to promoting this scam for his own benefit. Total Supply is 1 JEDI, is surprising to me. Its possible to make money from meme coins if it can be handle correctly during purchase or sell but don't found any options where people could make money with this scam.

If it is proven that what is promoted by the OP is a SCAM, then act immediately to inform everyone so that everyone ignores it and certain parties can also provide understanding to the OP so that he can realize that what he is promoting is a SCAM.