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Author Topic: Would you guys invest meme coins now?  (Read 2326 times)
Kunnu
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July 15, 2022, 10:25:38 AM
 #101

Personally I would invest a little amount of money in some popular meme tokens after seeing the massive spike in the price of Doge coin and SHIB last year I don't want to underestimate meme tokens although I understand that some meme tokens aren't going to survive in crypto currency market nevertheless there is possibility to make profit with meme tokens which has good volume in exchanges.
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July 15, 2022, 11:33:40 AM
 #102

Personally I would invest a little amount of money in some popular meme tokens after seeing the massive spike in the price of Doge coin and SHIB last year I don't want to underestimate meme tokens although I understand that some meme tokens aren't going to survive in crypto currency market nevertheless there is possibility to make profit with meme tokens which has good volume in exchanges.
And you are right, we can't underestimate them but guess what, they are not the type of coins that are good for long-term investment. Might taking them during the hype could give you huge profit but if you miss them selling at a higher price, certainly you are in big losses. Think that these meme coins aside from Doge and Shiba are useless, we can't find them usable in the market but just a sort of market presence.

Anyways, you are on your own. Perhaps, you can pick any coins to invest as it was your money but please, don't overthink that meme coins could give you more as it was not.

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July 15, 2022, 01:21:09 PM
 #103

I will first research the meme coin based on its use cases/utility as well as the project team experience. Some meme coins have utility uses like swapping, staking, etc. It all depends on the functionality and the bases for designing the coin. With satisfactory findings I can invest in the meme coin - ensuring that I will only invest what I can afford to loose.

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July 15, 2022, 01:26:26 PM
 #104

For now no, it looks like the trend of meme coins continues to decline, as evidenced by the number of meme coins that have disappeared or dropped significantly, at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.
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July 15, 2022, 07:19:04 PM
 #105

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.
Many crypto investors hold at least one meme coin in their wallet. Because they think that at any time this coin can be pumped to the max. However, not all meme coins are legitimate projects. so before investing on any meme coins everyone should research carefully. I hold two meme coins as per my experience one is doge coin and other is shib coin i deserve both are the potential meme coins.

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July 15, 2022, 08:29:44 PM
 #106

For now no, it looks like the trend of meme coins continues to decline, as evidenced by the number of meme coins that have disappeared or dropped significantly, at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.

Meme asset mostly seasonal, when there are numbers of whales playing with certain coins whatever the situation around

they are capable of pumping the coin and start the interest of other investors who also love to ride. It's too risky, but if you've got

lucky and you manage to take the right timing, the money is always at risk since meme will always be meme and it's up to you

if you are willing to take your chance,.
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July 15, 2022, 08:58:44 PM
 #107

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.
I believe that kucoin, binance and other top exchanges won't risk their reputation by promoting a meme coin because they also know how risky it was. What can they only do is list them because they are being paid with a big amount and I think that act was still fair since they are a crypto exchange but if there is something wrong with the coin they can always remove it and warn others about it. When it comes to youtubers I think some will do it.

Those who are not afraid that their accounts will get banned for spreading a lie in exchange for a nice amount of money. We are now in a bear and bear is also known as accumulating period but this applies only for the safe coins and not for the meme coins, sorry.

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July 15, 2022, 09:32:42 PM
 #108

Personally I would invest a little amount of money in some popular meme tokens after seeing the massive spike in the price of Doge coin and SHIB last year I don't want to underestimate meme tokens although I understand that some meme tokens aren't going to survive in crypto currency market nevertheless there is possibility to make profit with meme tokens which has good volume in exchanges.

These coins can be bought if you are interested. But you must be aware that buying this coin can be a risky decision, because the reverse trend of this memecoin can be started considering the market conditions. Because some recent incidents should teach that even solid top coins have crashed.

So I think you should research more and find solid projects and invest in those projects instead of this memecoin.

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July 15, 2022, 09:36:35 PM
 #109

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.
The bear market makes it too risky to invest in new meme coins especially that they have not proven their utility cases in the community. Well, meme coins have certainly no long term utility cases even those old meme coins, as they only remain in the market because of hype. However, if you want to take the risk and invest to get thrilled and excited, then meme coins could give you that. Either you lose your funds instantly, or you gained with short term profiting. But as a friendly advice, if you are looking for long term investments, stay out from meme coins and focus more on bitcoin and in some old and established altcoins.

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July 15, 2022, 10:55:29 PM
 #110

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.
The bear market makes it too risky to invest in new meme coins especially that they have not proven their utility cases in the community. Well, meme coins have certainly no long term utility cases even those old meme coins, as they only remain in the market because of hype. However, if you want to take the risk and invest to get thrilled and excited, then meme coins could give you that. Either you lose your funds instantly, or you gained with short term profiting. But as a friendly advice, if you are looking for long term investments, stay out from meme coins and focus more on bitcoin and in some old and established altcoins.
^ There is no ever-called utility to these meme coins, the price was pumped and keeps pumping because of the community who supported it or probably a group that continuously has a pump and dump strategy that can attract investors. If you have a plan to invest, it seems like you are throwing money away or you gambled your money with a 1% odds which is very impossible that you will get a profit in the end, especially in long term.
Be careful of short-term profiting, you probably get trapped and ended up losing the value of your meme coins holding, it is very risky.
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July 16, 2022, 07:08:23 AM
 #111

For now no, it looks like the trend of meme coins continues to decline,
It's all due to the market's situation and that's why it includes the meme coins in the continuous declining  of it. As the whole market goes in a bear market, meme coins are not exempted.

as evidenced by the number of meme coins that have disappeared or dropped significantly
IMHO, actually, this is better. More meme coins to be gone because these developers have thought that there will be a never ending cycle for the memes so they develop every time and new meme coins.

at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.
Many of those INU projects will decline for sure and one of the few to survive is likely shiba.

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July 16, 2022, 08:17:52 AM
 #112

Fad trend, with teams pumping hype to entice new entrants into dubious profits I myself have never seen memecoins attractive. I have also seen them increase rapidly and drop in price rapidly after. The fact that the top exchanges are also responding to users' trading needs is only part of the hype to attract more customers.
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July 16, 2022, 12:20:58 PM
 #113

Invest meme coins are like a mystery, sometimes we think they are dead coins but continue to rise and become profitable, but we hold many and look convincing because they often make AMA events with very competent sources but it turns out to be sinking and becoming a scam, and for now I don't invest in meme coins.
Why buy meme coins when we see that they have no useful value, and their sometimes high price is formed only due to temporary hype? I don't see any point in this. The risk here is much greater than when investing in conventional cryptocurrency. Only those who buy them in the initial stage before such a hype make a profit here. But now that these much-touted meme-coins have dropped significantly in price, and many of them are apparently forever, it will be very difficult, if not impossible, to artificially raise their price again.
Besides, why take such a risk if we have useful and potential coins for price growth?

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July 16, 2022, 01:03:54 PM
 #114

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.
Interestingly, there are way too many people who are super excited about the potential of the made up memecoins. Why? I have no idea. Those people have no reason to actually be this much in love with NFT stuff or meme stuff because there isn't a good return anymore, most of them would lose money right now and did lose a lot of money for the past 8 or so months.

But for some reason, there are a lot of people who got tricked into liking memecoins and they just kept it going. This is why I believe that we shouldn't really be shocked at these people, but we should stay away ourselves. I never invested into any memecoin so far and I have zero plan on ever doing that.
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July 16, 2022, 01:55:04 PM
 #115

Sometimes I invest meme coins, but I never make it long term, the current red market conditions make many projects fail to survive, the best thing is that it is suitable for daily or weekly trading and with this simple technique we can get profit.

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July 16, 2022, 02:00:05 PM
 #116

snip~
Interestingly, there are way too many people who are super excited about the potential of the made up memecoins. Why? I have no idea. Those people have no reason to actually be this much in love with NFT stuff or meme stuff because there isn't a good return anymore, most of them would lose money right now and did lose a lot of money for the past 8 or so months.

But for some reason, there are a lot of people who got tricked into liking memecoins and they just kept it going. This is why I believe that we shouldn't really be shocked at these people, but we should stay away ourselves. I never invested into any memecoin so far and I have zero plan on ever doing that.
Well, I don't care about meme coins but I understand why some people have been in love with these projects, and that is because they got the influence of others saying they can be rich upon investing in these projects. They believe that memecoins will always live in hypes but unfortunately, it doesn't forever. Imagine of how many new investors got fool and loss their money from investing Dogecoin after the hype, it is countless and I was sure they won't invest memecoins again.

R


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carlisle1
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July 16, 2022, 02:20:37 PM
 #117

Sometimes I invest meme coins, but I never make it long term, the current red market conditions make many projects fail to survive, the best thing is that it is suitable for daily or weekly trading and with this simple technique we can get profit.

If you can pick a kind of Meme that is still trying to survive, short-term hold or even in a daily trading still possible to gain decent amount,

it just needs to do your research and not to fall with your emotions. Meme asset is more on opportunity or how you will be able to ride

With the short fame and leave before the heavy crashed take place. Taking the big risk but hoping that you'll be able to place your

investment while the asset still gaining attention and sells before fears dominate the market.
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July 16, 2022, 05:29:42 PM
 #118

Memecoin brings lots of Profits to the table when invested in wisely. They only exit in the Crypto space for a short time before liquidating into a serious dip. Investors use it to boost their portfolio during the best market and these memecoins only comes ones in a period. Once, Shiba Inu was a memecoin in the market, one of the trending token in the market and it trapped traders and investors while the wise ones always find their way out of the trap and sometimes make profits out of the memecoins.

Free space
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July 16, 2022, 05:47:34 PM
 #119

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 are talking about "now", most likely I will avoid investing on any meme coin. Sometimes, this kind of trading investment needs a lot of time to track it's popularity and market. As of the moment I do not like to think and look after that so I will refrain from placing any money into it. It is not that bad investment though.

blue_hurricanger
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July 16, 2022, 06:29:15 PM
 #120

The crypto market is in a bear cycle and unpredictable so do you want us to invest in meme coins that are even more unpredictable? What kind of logic is behind that? In risk so let's invest in some more risky coins that exist solely on people's moods? No, I rather invest to have more BTC and ETH than waste my fund on meme coins that have no real use cases.
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