Can you make money from meme coins?

[Alert31]

Yes, many make money with meme coin and they are lucky because if you don’t have enough knowledge in handling meme coin, you will definitely face huge losses. Meme coin doesn't have any real use case that's why it's too risky to invest in such coins. But it you invest earlier in meme coin, you have a chance to gain profit.

[1714860190]

1714860190

[nimogsm]

Yes, many make money with meme coin and they are lucky because if you don’t have enough knowledge in handling meme coin, you will definitely face huge losses. Meme coin doesn't have any real use case that's why it's too risky to invest in such coins. But it you invest earlier in meme coin, you have a chance to gain profit.

I think this is not possible for everyone, you still need to have time for HYIP and most often people become long-term investors and wait for the opportunity to come out with a profit.This is a very dangerous game, besides now there are a lot of these meme tokens and the developers are not honest in most cases.

[tsaroz]

It's almost impossible to make money out of force coin as it seems to be a complete scam. Other meme coins though still being a scam, can be used to make money if you timed you entry and exit right. It's still a gamble and I won't categorize it as a trading strategy but a bet. With so much uncertainty surround crypto and market as general and meme coin having no specific nature other than just started as fun, there's no certain formula that works.

[perfect999]

After your thread, I'm informed that a meme coin named 'force coin" is available in market but haven’t found anything related it on Google. Moreover i agree that we can make money from meme coin but for that, need good knowledge about market. Investing on any meme coin and wait blindly, won't make you profitable unless you hit the good one by your knowledge. but nowadays It turn into horrible cause meme coin doesnt have an solid cause for ups and down. A few lucky people have earned, rest of individual lost their assets

Maybe it was the same coin that were talking about on this thread. They upgraded the coin again by changing its name. They remove the "the" and added "coin". Who informed you? It could be that the person that tells you this have invested already on this coin. He isn't contented to lose on his own but he wants other people to join him. How dare him ? limited information when searched on the net is a sign that this coin is 101 percent scam.

I know meme coins are already risky and likely a scam but this one here force coin is more than that. A good knowledge can do more if you use it in better coins, don't waste building good knowledge if your only gonna invest in meme coins because the return is not worth it.

[Yamifoud]

we can get profit on meme coins but we have to buy at the right time a lot I see often people lose with meme coins they lose because they are late buying the meme coin they buy when the meme coin is trending and after buying the price immediately falls, so better stop buying meme coins at trending times and I don't think meme coins is the place to be if you are to hold on long term.

Those who ride Dige and Shiba during its hype certainly make a huge profit but for those who come late and just invest lately, that is something it gives no assurance. Even this thing happens in real life but can't just rely upon meme coins, they are nothing when it comes to market competition, and most of these coins are almost dead already which I think that many investors had lost their money into them.
That is why I'm saying, if we are just about to invest in crypto, we'd rather choose those reliable projects, not these joke/meme coins.

[QueenVera]

we can get profit on meme coins but we have to buy at the right time a lot I see often people lose with meme coins they lose because they are late buying the meme coin they buy when the meme coin is trending and after buying the price immediately falls, so better stop buying meme coins at trending times and I don't think meme coins is the place to be if you are to hold on long term.

Only good one should he held, others should just be traded or ignore because they will make you poor. All coins should be bought at the right time and not just memecoin. Know project that are worth holding, watch what is been developed by the project. They have roadmap, observed if they are actually working on what they promised and not just waiting their customers to buy and hold then hope for some hype to come in.
Even memecoin should be studied;g you want to invest because they have plans for themselves. Avoid those that are not top yet and do not have any plans but just hopes.

[Questat]

Make money from meme coins of course really depends on the performance of the coin, but I'm happy because I got big profits from King Shiba, Goma and Kuma Inu and became my biggest profit in 2021, when I invested only $80 for the 3 tokens in November it became around $6500 .

That seems you are lucky mate and those who invest earlier but I don't think what happens to those who come late and invest during the hype. I'm not sure as well those who keep their meme coins now and miss the chance of selling last year, that possibly they are in big losses.
Apparently, making a choice of meme coins like Shiba Inu is not bad but just to warn not to consider this for long term as they are not good for it.

[Sebas.tian]

Yes, we can still make huge amount of money from meme coin, if only we can still have faith on the current price situation. Many investors really achieve a lot from their meme coins investment last year 2021 when meme coin started pumping massively all over the market that was making people to think will pump till February 2022 before it can drop.

I guess what happened last year is about to happen to meme coin price, so that people will not regret for their long term holding. Now that bitcoin, ethereum and meme are preparing to rise higher to encourage their investors and many to show more interest on their pumping in the community.

[Benefactor]

Assuming the coin is recorded on a trade with liquidity and has an enormous local area then those are a portion of the circumstances that can make it simple to bring in cash off a task or image coin . I for one bring in some cash also with the image token, so I know to myself that I can truly bring in cash on image tokens on account of an excessive amount of publicity on this.

[VanDeinsberg12]

of course you can, although instead of calling it making money i’d call it gambling if it’s using memecoins, it’s basically the same thing as any shitcoins out there, just a tool for gambling and market manipulation, i think it’s best avoiding these kind of coins because it could incur investment losses, if you wanna truly make money you should instead try staking because it could give your profits from just staking your investment, could be beneficial for you if you are also waiting for the next bullish run cycle, and it could just multiplies your profits easily.
but there are many cases of investment losing in staking that shouldn’t be underestimated, I guess many kind of investment form that could give you long term profits always carries risk of losing your investment. I just wanna try to remind you that stop to create scam token again OP.

[goinmerry]

of course you can, although instead of calling it making money i’d call it gambling if it’s using memecoins, it’s basically the same thing as any shitcoins out there, just a tool for gambling and market manipulation, i think it’s best avoiding these kind of coins because it could incur investment losses, if you wanna truly make money you should instead try staking because it could give your profits from just staking your investment, could be beneficial for you if you are also waiting for the next bullish run cycle, and it could just multiplies your profits easily.
but there are many cases of investment losing in staking that shouldn’t be underestimated, I guess many kind of investment form that could give you long term profits always carries risk of losing your investment. I just wanna try to remind you that stop to create scam token again OP.

People have to think of a strategy where they can make money even for a meme coin. These coins wouldn't become popular if there's no money in here. We should not just think that these coins are all useless where in fact, as an example, Dogecoin and Shiba Inu do have a good trading volume every day and their respective market capitalization is now huge.

Don't just hold but rather, circulate those coins thru the usual "buy low sell high" action.

Might be hard for others but as they build experience, they will be used on doing it.

[Silberman]

of course you can, although instead of calling it making money i’d call it gambling if it’s using memecoins, it’s basically the same thing as any shitcoins out there, just a tool for gambling and market manipulation, i think it’s best avoiding these kind of coins because it could incur investment losses, if you wanna truly make money you should instead try staking because it could give your profits from just staking your investment, could be beneficial for you if you are also waiting for the next bullish run cycle, and it could just multiplies your profits easily.
but there are many cases of investment losing in staking that shouldn’t be underestimated, I guess many kind of investment form that could give you long term profits always carries risk of losing your investment. I just wanna try to remind you that stop to create scam token again OP.

People have to think of a strategy where they can make money even for a meme coin. These coins wouldn't become popular if there's no money in here. We should not just think that these coins are all useless where in fact, as an example, Dogecoin and Shiba Inu do have a good trading volume every day and their respective market capitalization is now huge.

Don't just hold but rather, circulate those coins thru the usual "buy low sell high" action.

Might be hard for others but as they build experience, they will be used on doing it.

The problem is that those coins are heavily manipulated and as such something like technical analysis is not going to work on those coins, and fundamental analysis does not work either as those coins do not really have good fundamentals to being with and their value is based on hype, so when we take those things into account there is not really a reliable way to predict the movements of those coins, and as such it is a mistake to invest in them even if you are one of the few that get profits out of those meme coins.

[jostorres]

First the best place to search for coins is in CMC or coingecko because they give you direct response if the coin existing or not existing if you are searching through the search space at the top of the webpage.

People make a lot of money yes from meme coins known as pump and dump. You get careful and fast to dump and  some have also survived till this time people hodling it like shiba.

Pump-and-dump coins are not only found in meme coins, it is something that is general in the market. There are so many pump and dump coins that you will find these days, and most of them are all these low market cap coins. Coins with a low market cap can easily be pumped and dumped by anyone as long as they have enough money that it can take to do that.

Some of them would also form a group where they would gather lots of people and then raise a huge amount of money to pump and dump coins. Which is the reason why it’s good to choose coins with a higher market cap, because these ones can hardly be manipulated by anyone.

[passwordnow]

Don't just hold but rather, circulate those coins thru the usual "buy low sell high" action.

It's better to do that. But sometimes it's not making the coins grow due to some unforeseen scenarios. The holder himself isn't confident that he can expand that amount and because of the doubt, he's not making gains and instead of buying low and selling high, it's the opposite that happens.

Might be hard for others but as they build experience, they will be used on doing it.

Good for doing and building experience when you're open in doing it. There's the hardship but a lot of lessons will be learned.

[Webetcoins]

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.

[Silberman]

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.

And it is simple to know why this is the case, those coins depend heavily on hype, so when people are excited about the prospects of those coins then that is when we see them making headlines and generating huge profits, however unless you were fortunate enough to invest in those coins before that hype took place investing in them is simply too risky, because as soon as the hype begins to slow down then the price will do the same, and that is when massive losses are accumulated by those unlucky enough to decide to keep holding their coins despite the crash they know it is coming.

[dunfida]

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.

And it is simple to know why this is the case, those coins depend heavily on hype, so when people are excited about the prospects of those coins then that is when we see them making headlines and generating huge profits, however unless you were fortunate enough to invest in those coins before that hype took place investing in them is simply too risky, because as soon as the hype begins to slow down then the price will do the same, and that is when massive losses are accumulated by those unlucky enough to decide to keep holding their coins despite the crash they know it is coming.

Considering on how many meme coins in the market then you could safely presume that those who are sitting on top are totally because of hype specially SHIB and we do exclude the main meme coin which is Doge.

We do know on whats that project all this time and it do just happens when Elon did make out some hype and now its been poked up ending up on flooding the market with lots of meme coins.
Can you make money? Of course but you would really need to ride with the waves but if not then you would surely lost money.

[marine4u]

Whatever it is, you can make money, even the coin meme has a good trend although it often comes with dubious manipulations from Elon.  Doge is still king and if you feel your savvy accept the risks.  These memes can create wealth

[TelolettOm]

I have ever made to take profits from Doge coin and also Shiba Inu at that time. I am really satisfied with the profits, moreover not too greedy so that still has the chance to take profits from meme coins, not for long term holding because I think that is too risky for me.

But, if it is about other meme coins, I am not sure about it. There are higher risks if we are trading other meme coins, moreover most of the new meme coins are the hype coins or tokens. Nothing special on them, only people who can utilize the right time to buy and sell the coins that may have the chance to take profits, or people who are bigluck.
But for me, I cannot d that because that is too risky. Now, meme coins are over and nothing special again aboutt hat, exceptt he risks.

[panduryk]

Yes, but very very risky, coz its coin without any technology, so they dont have any future in real hard world. I heared about one guy who buught doge and sell it when  he think "Elon Mask pump" t coin. But not everyone can sell its on high, ppl are so greedy, to sell its when it need to sell, everytime the wanna more and more