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Author Topic: Would you guys invest meme coins now?  (Read 2326 times)
Grim149x
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July 12, 2022, 10:13:25 PM
 #81

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.
Right now I'm not and if there will be a time that I will invest into meme coins, I will only buy DOGE and nothing more.
Tried to invest a few dollars into one meme coin and it turned out to be a fail investment because I lost most of my money there.

There are many coins out there that are far better than meme coins. Why thinking of investing into it? There are many coins out there which are safer to invest with than meme coins. Maybe you can try and buy some DOGE and SHIB because like you said it is down already but for me, meme coins are just for short term profits and not a good long term coin to hold.
i agre in you like a caw token dream hunters meme coin many investors they say caw token is the next shib the deployer is ryoshi they listed in 7 exchanges in 2 to 4 days? The profit is so fast but also for the biggeners the loss also fast. Fasg profit fast loss money

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July 12, 2022, 11:33:35 PM
 #82

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.
Well, just like everybody else that thinks that the time will come that they'll be up again. I'm only into those popular meme coins and not with any other random ones that everyone think it will go up.

I would fancy my chances with Shiba Inu and Dogecoin but not with any other memecoins at the moment.
The same idea and thought as mine, if I'll be investing into meme coins it will only be with the popular ones but mostly in Doge. But for now, I think I'll be sticking into my plan of having more btc.

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July 13, 2022, 09:47:23 PM
 #83

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.

Although meme coins are not highly recommended for investment, but like you said there is still a possibility that meme coins will provide
huge profits. So in the end everyone has to make their own decisions, everyone has the freedom to choose to invest in any coins.
Including if there are people who really believe in the future of meme coins and they think meme coins can provide great benefits,
please spend money to invest in meme coins. The most important thing for people who decide to invest in meme coins must know the risks
that will occur if they invest in meme coins. Do not let when they experience a loss, then blame crypto as a whole. Whereas most people who
experience losses when investing in crypto, they actually choose the wrong coins for investment and they are ashamed to admit it.

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July 13, 2022, 09:58:24 PM
 #84

Although meme coins are not highly recommended for investment, but like you said there is still a possibility that meme coins will provide
huge profits. So in the end everyone has to make their own decisions, everyone has the freedom to choose to invest in any coins.
Of course, each person has his own right to buy any coin, including meme coins. There is nothing wrong to invest in meme coins as long as we know how meme coins nature. But for beginners, it is not recommended to invest in meme coins because it is riskier than investing in top coins. Meme coins are only for those people who know well its nature and have good experience in crypto investment. Experienced investors know how to invest or trade effectively with meme coins, they won't be trapped by the hype but take advantage of the hype on meme coins. So, they can gain big profits from meme coins price that fluctuate significantly.


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July 13, 2022, 10:19:39 PM
 #85

I think meme coins have a negative impact on the market. In fact, I think that projects that do not benefit in general harm the cryptocurrency world. Such projects should be supervised by certain authorities.


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July 13, 2022, 10:49:03 PM
 #86

It makes no sense...
Why I should, in fact, the reason I come and invest crypto is to make money, not to lose it. If you are aware of their background OP, you can also tell yourself why?

Though Shiba Inu has in good business already but being known as a meme coin, that can be uncertain thinking for a long-term investment. That can't be considered as the potential coin as sooner or later, that can be like other meme coins IMO.
Well, some meme coins have been giving good fortune for those who take risk investing in them, but all those things are just temporary. The reason why we are here in crypto is to look for long term investments, and meme coins are simply exclusions. I hope OP you are not only here for quick rich stories, but because you have faith and patience that long term investments like bitcoin and established altcoins will paid off in the end.

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July 14, 2022, 08:16:53 AM
 #87

Investing in meme coin is just like wasting your time and money, why invest in meme coin when we can invest in good quality projects, meme coin is very risky it has no use case and most of the meme coin has no good feed back from the investors that invest on it, it depend luck but most really lost on investing into it. There is a lot of good coins that is very cheap this bear market so we can choose a good coin right now.


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July 14, 2022, 10:35:19 AM
 #88

Either way, right now it's best to hold off on investing in meme coins, look at the prices of fundamental coins like ETH, BNB and others in the CMC Top 10 rankings,  if you look at the price, it's very low, Even more so with meme coins.

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July 14, 2022, 10:54:39 AM
 #89

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...

Yes, there is no competition for these meme coins today. And if you still decide to buy these coins, then you should stick to short-term trading with an obligatory stop loss setting. And if such a purchase coincides with Elon Musk's shill, then you will have a good opportunity to make a profit.

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July 14, 2022, 01:43:56 PM
 #90

I’d sling a couple of grand in to a meme coin for sure. The thing is, the ones that exist currently might not be the best investment for the next bull cycle. They might have been exhausted of profit if you know what I mean. Definitely it’s a good idea to keep an eye out for whatever meme coins appear early in the next bull cycle though. 

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July 14, 2022, 02:02:25 PM
 #91

Meme coins are out of the box for now and I do not see it as an alternative for investing when there are many good coins in the market that can give good profits than investing in a meme project that could fall anything time or become rug pull. I know there are few meme coins I have seen in the market but I still don't think they are safe for all investors. If I have to invest if any, then I will prefer investing for a short period of time so I don't lose my entire profits to poor project team.

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July 14, 2022, 02:08:22 PM
 #92

At this point where bear market condition badly hit those shitcoins on the market? Provably not because for sure all of them will be dumped by its old investors and will settle for stable coin and prepare for another coins to buy. But if you are planning to grab some and can afford the risk then try to grab those bigs meme coins exist and not the new one because they have more good chances to recover once the next bull run came.

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July 14, 2022, 04:24:59 PM
 #93

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...

Yes, there is no competition for these meme coins today. And if you still decide to buy these coins, then you should stick to short-term trading with an obligatory stop loss setting. And if such a purchase coincides with Elon Musk's shill, then you will have a good opportunity to make a profit.
Doing something like that could work, but the problem is that those which trade coins like dogecoin end up believing their own lies and think that dogecoin can actually amount to something on this market when that is not true, dogecoin is an asset which can be used to speculate with and nothing more, anyone that dares to invest in that coin for the long term is making a crucial mistake which sooner or later they will have to pay.
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July 14, 2022, 05:43:55 PM
 #94

if you look at the crypto market which is still in the bear market method, I think investing with coin memes is not the right choice because coin memes have a very high risk, namely they will not be able to grow when the crypto market will recover, but if we invest with coins that have good potential and prospects such as ethereum and binance the opportunity to be able to make profits is very wide open when the crypto market will recover in the future.

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July 14, 2022, 05:55:08 PM
 #95

Investing in meme coins is not really a good idea, from your post I think you are use to investing in meme coins which is just like a gambling, I won't advise anybody to invest in meme coin, the only coin that is trustworthy now is Bitcoin, I think it will be better if you use the money you are planning to use and invest in meme coin into bitcoin, just buy and hold and wait for the bear market to be over and you will make your money, investing in bitcoin is not gambling but investing in meme coins are pure gambling.

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July 14, 2022, 07:02:20 PM
 #96

It makes no sense...
Why I should, in fact, the reason I come and invest crypto is to make money, not to lose it. If you are aware of their background OP, you can also tell yourself why?

Though Shiba Inu has in good business already but being known as a meme coin, that can be uncertain thinking for a long-term investment. That can't be considered as the potential coin as sooner or later, that can be like other meme coins IMO.
Well, some meme coins have been giving good fortune for those who take risk investing in them, but all those things are just temporary. The reason why we are here in crypto is to look for long term investments, and meme coins are simply exclusions. I hope OP you are not only here for quick rich stories, but because you have faith and patience that long term investments like bitcoin and established altcoins will paid off in the end.

Threads like these and asking about memecoins are frequently popping into the discussions every now and then, these coins are classified as sh*t coins because they don't have any utiliity and use after all. Those people who had been riding with the hype last time are somehow lucky because they got what they wanted but for the others who unfortunately lost the investment because they rode the wrong bus that time.
I get that these coins are still counted by others in their portfolio, but personally, I'm taking a safe distance because the risk is just too much to bear especially when we have Elon trying to manipulate it.

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July 14, 2022, 07:47:45 PM
 #97

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 we have seen how Shiba Inu and Dogecoin rose and fail, that's how most likely the fate of new meme coins these days. Though its never wrong to invest in them, since they also give investment opportunities, but if you are aiming for long term profiting, meme coins will never give you that. They only grow their value when they are hyped, more than that they are nothing but only useless tokens. However, its your money, so its your end choice that counts.

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July 14, 2022, 11:37:10 PM
 #98

The current market is totally unregulated. Investing in this market is very risky. But of course good coins can be invested Those of you who want to invest should refrain from investing in this meme coin.If for long term you can invest for long term by buying Bitcoin BNB and Ethereum all these coins.Also don't just lose your funds by investing in shit coins.
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July 15, 2022, 12:24:18 AM
 #99

The current market is totally unregulated. Investing in this market is very risky. But of course good coins can be invested Those of you who want to invest should refrain from investing in this meme coin.If for long term you can invest for long term by buying Bitcoin BNB and Ethereum all these coins.Also don't just lose your funds by investing in shit coins.
True its not a good idea to invest in meme coins even their price is quite cheap now unless you're willing to take risk and can accept the possibility that you might waste your money if you invest in these coins. Well, its hard to earn money, that being said its just wise that we are careful on where to invest our money right? Therefore choose the coins that can give you less risk and likely for you to gain in the future like the top 10 coins in CMC. Anyway the decidion is still up to us.

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July 15, 2022, 03:11:58 AM
 #100

The current market is totally unregulated. Investing in this market is very risky. But of course good coins can be invested Those of you who want to invest should refrain from investing in this meme coin.If for long term you can invest for long term by buying Bitcoin BNB and Ethereum all these coins.Also don't just lose your funds by investing in shit coins.

I am not against investing in meme coins but I think now is not the time to invest in memes, we should focus on the top coins as you mentioned. We also profit from memes, but they are short-term investments, so we suggest waiting until a bull market appears before investing in memes, then it's the right time to profit from meme coin, bear market will only lose money if invest in meme.

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