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Author Topic: Would you guys invest meme coins now?  (Read 2322 times)
Xal0lex
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July 11, 2022, 06:28:54 PM
 #61

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

Have you ever wondered why these platforms promote these projects? Because they are cheap to produce, they do not require any special concept or technological component, and they are very popular because the DOGE and SHIB projects have created an image in the crypto community of a profitable investment that can make an investor rich. In a bull market, these coins can make a profit for their owner in a short period of time, but in a bear market, these coins are such risky gambling. It has nothing to do with investing, more like a roulette game where only the casino, in our case the platform that promotes these tokens, wins.

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July 11, 2022, 06:38:47 PM
 #62

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins.
They can promote what they want, but it's literally up to you to choose if you want to invest on those or not. Meme coins sometimes good to invest at first because you can gain profit on short amount of time if you can, it's not something that you have to invest everytime you want unlike the other "decent" coins out there. The exchanges are free what to do because they just do their job.

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July 11, 2022, 06:58:24 PM
 #63

What would you guys do about this meme coins project?

I often looks at how hype the meme coin is.  If it isn't been overlyhyped and the price percentage growth is less than 200%, I might consider investing in it.  Short term investment and get out the first time it pumped hard.



 are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

Depends on my observation.  If the meme coins are still new and there are influential people around them, then why not.  After all, we are not actually into the project but rather the profit that the project can give to us.

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July 11, 2022, 08:24:07 PM
 #64

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

Do you really think that such a situation make sense to invest in meme, probably memes are the Opertunity when you are in good market situation and at high risk you make a small investment in meme still i try to avoid meme investment should need to be worth to be made so ALT are considered but a True potential project rather than that you should go with king only

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July 11, 2022, 10:59:29 PM
 #65

They can promote what they want, but it's literally up to you to choose if you want to invest on those or not. Meme coins sometimes good to invest at first because you can gain profit on short amount of time if you can, it's not something that you have to invest everytime you want unlike the other "decent" coins out there. The exchanges are free what to do because they just do their job.
Before, they were really good. It's where the hype was being known for meme coins and it's almost not changing during the bull run. But that was during the bull run.
We're no longer in a bull run and that's why if you ever invest in it, you have to think that you're at risk because there is a big chance that meme coins won't recover any more from this bear market.



 

 

 

 

 

 


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July 11, 2022, 11:13:26 PM
 #66

you're quite literally just gambling your investment away if you invests in meme coin, you could see that the trend has been fading, meme coin in general has been having difficult time since the flows of investment is lacking,
and add the market manipulation aside from that, I'd say that it's better to stick with the likes of BNB and ETH for investing, otherwise you would more likely causes loses to your investment.
also, most of the meme coins has lost its drive of having a bullrun that is elon musk's shill

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July 11, 2022, 11:13:31 PM
 #67

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

Do you really think that such a situation make sense to invest in meme, probably memes are the Opertunity when you are in good market situation and at high risk you make a small investment in meme still i try to avoid meme investment should need to be worth to be made so ALT are considered but a True potential project rather than that you should go with king only
In every market situation bitcoin have proven its ability to the world. There is no doubt, it is the king. Memecoins in recent days are promoted by the world's leading cryptocurrency exchange. Why they're doing it, because money. Being the world's top exchange, the suggestion will bring more investors and the same brings money to exchange. Even after its listing, there is need of someone to give hype to those memecoins.

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July 11, 2022, 11:25:03 PM
 #68

you're quite literally just gambling your investment away if you invests in meme coin, you could see that the trend has been fading, meme coin in general has been having difficult time since the flows of investment is lacking,
and add the market manipulation aside from that, I'd say that it's better to stick with the likes of BNB and ETH for investing, otherwise you would more likely causes loses to your investment.
also, most of the meme coins has lost its drive of having a bullrun that is elon musk's shill
Investing in meme coins is indeed a losing investment if take this for the long term as this is believed to be only good during the bull market, not this current condition.

I have had a bad experience with Dogecoin in the past which helps me understand that these meme coins can't be a good investment. Though nothing guarantees profit but much more if we invest meme coins, our chances are very slim that certainly can't rely upon and have fortune.

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July 12, 2022, 04:33:32 AM
 #69

Meme coins not bad to trade as long as you know the right time to buy it, but for the long term sometimes these coins can't survive unless they have a place in the hearts of big community. I personally haven't invested in memecoin yet, because I don't have more funds either for now. I'm just suggesting that you shouldn't focus on invest only on meme coins because this is a pump and dump whale game, In fact, many investors are trapped in meme coins.
Yes, you can also try with meme coins, but as long as you do not get too sucked into it, focus on coins that have utility and practical applications, such as bitcoin and ethereum. Meme coins can be viewed as a lottery that should only be played with a few dollars and don't expect too much, don't treat it as a long-term investment.

There are thousands of memes on the market but most of them are the same imitations so if you want to try a meme try with shiba or doge just buy it and throw it in your wallet for a while if it makes a profit then sell it immediately.

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July 12, 2022, 04:40:56 AM
 #70

are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
During this dip I prefer to invest in well-established coins rather than meme coins. Because its less risky and there's a high posibility that establish coins will bounce back once bear market is over. Currently many coins are in cheap prices so take advantage what you think is beneficial for you in the future. We are free to buy what coins we like, its your hard-earned money anyway. Just DYOR to be certain that you're doing whats right.

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July 12, 2022, 07:01:12 AM
 #71

I think, investing on meme coin is favourable in this bearish season because the price is still low for anyone to use any amount of money to buy and hold for future profits making. It is very difficult for meme coin investors to experience much Lost in their investment compared to other coins which their investors are regretting for investing such amount of money on a particular coins that is not showing any sign of improvement in this bearish season. No doubt, meme coin price will definitely increase higher before the end of this month of July for long term investors to achieve something good from their investment.

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July 12, 2022, 07:12:27 AM
 #72

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
if you understand the actual market conditions, then this can be summed up easily, the market has experienced a very severe correction for now, there is no sign of a lasting recovery, then how can memecoin grow, if altcoins have the potential to drop to the selling price low. Whereas promotions for any memecoin will last forever, because they get paid for the work, so be careful in coin selection for now.
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July 12, 2022, 12:39:46 PM
 #73

I think, investing on meme coin is favourable in this bearish season because the price is still low for anyone to use any amount of money to buy and hold for future profits making. It is very difficult for meme coin investors to experience much Lost in their investment compared to other coins which their investors are regretting for investing such amount of money on a particular coins that is not showing any sign of improvement in this bearish season. No doubt, meme coin price will definitely increase higher before the end of this month of July for long term investors to achieve something good from their investment.
99% of meme coins will fail long term though without funding, and most people aren't going to buy into a meme coin ICO. I think the best way for a meme token project to legitimately launch would be to get a grant, like the one from CandleLabsdotorg or maybe one from Polygon (if you have the connections). This would give the project the ability to fairly launch without taking funds from the public in an illegal ICO.
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July 12, 2022, 01:04:47 PM
 #74

While I do have some meme coins. I've only bought a bit a year prior to the meltdown. I wouldn't touch it now though.
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July 12, 2022, 05:53:11 PM
 #75

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
Any coin or token that is putting all its hope for some lunatic famous person, will have to eventually die. The same person that said "doge is awesome" could very well say that doge is horrible as well. So do not put all of your hopes into some person who could destroy you as well. Bitcoin is high not because one person said it, but we all said it, ETH the same way, and all the others at the top.

You do not buy them because richest person said you should, you bought them because they were good. Doge has absolutely nothing going for it outside of Elon, and Elon hasn't said much about it for a while now. Leave it be, and focus on other things that could fundamentally and organically grow.

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July 12, 2022, 07:04:31 PM
 #76

I would fancy my chances with Shiba Inu and Dogecoin but not with any other memecoins at the moment. I see potentials in those two and I think exchanges also know they do have potentials. Hence, the reason they're trading them. Anyone can check their markets and you will see how well spread they're. I think the market is providing us an opportunity to get them at cheaper rates now. My advice to anyone eyeing any other memecoins at this time is to research their usecases before any further involvement. If what you find out ticks the necessary boxes for you, wait for the market to start showing sign of upward move before buying in to avoid catching a falling knife.

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July 12, 2022, 09:07:33 PM
 #77

Memecoins offer nothing to investors on long run, so if you are an investor who have financial plans for the future you should think twice before engaging yourself on this kind of investment. On the other hand, if you are simply gambling with your funds, memecoins can be an alternative, although I think to gamble at casinos is offer better odds than the odds of making profit through memecoins. Someone willing to invest on this category of altcoins must be aware many have already lost money with such investments, including Shiba Inu, which is considered reference among memecoins.

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July 12, 2022, 09:08:59 PM
 #78

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

That's like putting your money in a gambling table hoping you'll gonna win big or go home lol.
Unless, you're invested in Doge or Shib which gathered enough exposure from well known people and influencers that causes a massive hype. However, the guarantee of the safety for your investment isn't as secured as Bitcoin's.
So, that purely depends on your risk appetite If you are willing to gamble your money to a meme coin.

R


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July 12, 2022, 09:20:54 PM
 #79

Gone are the days. Exchanges make money so it does not matter. I believe Memes coins hype is over and I don't expect any other new meme coin will perform like a Shiba and Doge. Last year many investors make good money from the Shiba and Doge but the moment the market shifts its gear downwards meme coins reverse at high speed and now we can see meme coins dump hard in the current market and I believe one should believe in the top and tested coins rather than meme coins.

Although currently the price of meme coins is very low, it is very risky to invest in meme coins. Because meme coins don't really have a clear function,
so I doubt investing in meme coins will bring us any benefits. The possibility that will happen if we force investment in meme coins in a bear market
condition, we can lose our money. Even I doubt that meme coins will recover anytime soon. Moreover, the hype that occurred in 2021 has ended,
even popular meme coins such as Shiba Inu and Dogecoin are still struggling to recover. So we can imagine what the risks are if we decide to invest
in new meme coins, it's best if for now we avoid investing in meme coins. And I suggest to focus on investing in some top coins, because top coins are
more likely to recover. Especially for Bitcoin and Ethereum are top coins that we should not miss to buy in a bear market situation.

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July 12, 2022, 09:53:16 PM
 #80

Gone are the days. Exchanges make money so it does not matter. I believe Memes coins hype is over and I don't expect any other new meme coin will perform like a Shiba and Doge. Last year many investors make good money from the Shiba and Doge but the moment the market shifts its gear downwards meme coins reverse at high speed and now we can see meme coins dump hard in the current market and I believe one should believe in the top and tested coins rather than meme coins.

Although currently the price of meme coins is very low, it is very risky to invest in meme coins. Because meme coins don't really have a clear function,
so I doubt investing in meme coins will bring us any benefits. The possibility that will happen if we force investment in meme coins in a bear market
condition, we can lose our money. Even I doubt that meme coins will recover anytime soon. Moreover, the hype that occurred in 2021 has ended,
even popular meme coins such as Shiba Inu and Dogecoin are still struggling to recover. So we can imagine what the risks are if we decide to invest
in new meme coins, it's best if for now we avoid investing in meme coins. And I suggest to focus on investing in some top coins, because top coins are
more likely to recover. Especially for Bitcoin and Ethereum are top coins that we should not miss to buy in a bear market situation.

Meme coins are shit and aside from DOGEcoin itself then there's no other meme coins that could beat it up.SHIB is just been hyped thats why it do able to reach out on the position that it does have currently now.

For those people who do make out considerations on throwing up some money on memecoins but if you are really that risk taker then you could always make your choice
because we know that even shit coins or non so good coins could have the potential on making some  huge profits but of course it would be on least chances or odds comparing
into those projects which does have actual relevance or potential.

So its up to someones choice since its their money then its their right on where they would be putting it.

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