Would you guys invest meme coins now?

[cloudfir3e]

as traders we can take advantage of coin memes as an opportunity to make profits.

However, now it is better to avoid coin memes, as they have no utility and are quite risky.
while the rise and fall of the price of the coin meme is only from the community support of each coin.
we can also see that coin memes are just a coin pump and dump, because of their high risk and high return nature, the sentiment that will affect coin memes is also only from fear of missing out (FOMO).

To invest in coin memes, you must think carefully because almost all meme coins can be mined easily and have an unlimited total supply.

[TheGreatPython]

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.

People who just want a quick return, could get lucky with these things for a short term, but is this really what we want? Is this how we imagine we would get rich? Let's be honest, I would rather not take that risk and just have a longer term wealth made by bitcoin instead. I am not saying it's impossible, sure you could buy doge now, and when the bull happens and if Elon tweets suddenly you are rich.

But, would you really base all of your wealth on something like that? A tweet? Why? I prefer to do it the old fashion way of investing into blue chips of crypto and that way either I will make a lot of money or I will not make a lot of money but just a little money.

[shushu9977]

Few days ago, I invest many coins as I can. If I have more money, then I invest more and more. I lost my money but almost five years of trading experience, I suggest if anyone invest such coins, this is the right time to invest.

[Ludmilla_rose1995]

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.

investing in meme coins at this time imo not really recommended because on average they don't have a definite future. just focus on investing in altcoins that have a good reputation and fundamentals like ethereum or bnb, because both have a definite future.

[peterpanda]

Few days ago, I invest many coins as I can. If I have more money, then I invest more and more. I lost my money but almost five years of trading experience, I suggest if anyone invest such coins, this is the right time to invest.

Investment on shitcoins and meme coins are not profitable and we should avoid such kinds of coin. We should find out profitable coins which have bright future. Buying meme coins can bear profit for short time but it will be cause for losing huge money here.

[erep]

Few days ago, I invest many coins as I can. If I have more money, then I invest more and more. I lost my money but almost five years of trading experience, I suggest if anyone invest such coins, this is the right time to invest.

Do you invest in meme coins, if yes then consider your investment before high losses because the meme coin trend is over and you are experienced from losses five years ago, you should be wiser in investing from analysis and research, but not looking for hype opportunities because there is no guarantee that meme coins will be resurrected for new trends. You should review tweet interactions from Elon Musk because of the value of his tweets since the meme coin is no longer getting support from the community.

[Detritus]

Shiba Inu and Doge coin were really two meme coin that really sky rocket and took some lucky investors to the moon. The two above token/coin was really a good example that every other existing or upcoming meme projects should adopt. I have really been trading with wide-eyed open for any meme token that can take me to the moon 🌕🌝, I think is right to invest in other meme token but one must make a due diligence research on the project he or she is investing there funds

[maartenhaha]

When a market like this is a great opportunity to invest meme coins like doge coins and shiba coins indeed many say that shiba coins are no longer a trend today but I firmly believe that those who hold shiba coins today will make huge profits in the future. future, you can believe it or not.

[bluebit25]

When a market like this is a great opportunity to invest meme coins like doge coins and shiba coins indeed many say that shiba coins are no longer a trend today but I firmly believe that those who hold shiba coins today will make huge profits in the future. future, you can believe it or not.

Our beliefs are different about the future, as I and many others have benefited greatly from buying them early, but I will never go back for a long-term hold on these products. Sure, if some hype occurs, it's only considered risk money in the jackpot games because they're not investments that I think are safe in terms of risk and return.

[vanesha]

although coin memes look promising like what happened with Dogecoin, but I'm more convinced of utility coins like ethereum or network coins like BNB and SOL. Meme coins are great when it's hype, but they're also volatile, not a long-term investment.

[Sebas.tian]

When a market like this is a great opportunity to invest meme coins like doge coins and shiba coins indeed many say that shiba coins are no longer a trend today but I firmly believe that those who hold shiba coins today will make huge profits in the future. future, you can believe it or not.

Based on the past experiences on those coins you just mentioned are very good for long term traders, because those that took a good step some years ago to invest on them really made a huge amount of profits few years ago, when the price moved higher in the market. This is the right time to invest on meme coin because the price is still low for long term traders to make a good choice to invest now and have a good confident of making a good profits in the future without fear. I believe, those who purchased all those coins few months ago will definitely smile very soon, because the market price is changing gradually in the market.

[hichamito37]

When a market like this is a great opportunity to invest meme coins like doge coins and shiba coins indeed many say that shiba coins are no longer a trend today but I firmly believe that those who hold shiba coins today will make huge profits in the future. future, you can believe it or not.

Our beliefs are different about the future, as I and many others have benefited greatly from buying them early, but I will never go back for a long-term hold on these products. Sure, if some hype occurs, it's only considered risk money in the jackpot games because they're not investments that I think are safe in terms of risk and return.

It is true that I also invest in Shiba, but not that much, and I am willing to lose it without affecting my other investments. It can be said that shiba or memes are risky investments so it is more like a lottery than an investment. they are not suitable for long-term investment, it is suitable for speculation and should be sold when profitable.

[bounceback]

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 market is undergoing a correction that is likely to continue so I don't think it's advisable to invest with meme coins because we all know that meme coins are coins that have no fundamentals so there is no guarantee for us that the price will rise again when the market has recovered, if only to test your luck you can try to invest with meme coin now but you have to invest with small capital that you can afford to lose.

[bitterguy28]

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 already have invested in Meme coins and that is Dogecoin that I have been holding for some time now and with those? I don't think that I need to add more as all of my holdings are enough for holding for the next coming years.

[minairia3]

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 already have invested in Meme coins and that is Dogecoin that I have been holding for some time now and with those? I don't think that I need to add more as all of my holdings are enough for holding for the next coming years.

You invested all in doge and don't have any coins other than doge?. I don't think doge will die like other memecoins but putting all assets in dogecoin is quite risky and profitability is also unpredictable as the hype of dogecoin is mainly based on Elon. If he announced to stop supporting doge maybe doge will have bad days. Doge or meme should be short-term investments and should not be poured into them.

[mzuhry19]

maybe for now investing in meme coins is not for me, because I'm not ready to see the price drop immediately because I rarely see the market, because my investment goal is for the long term, while meme coins are only for a short time

[icalical]

The market is undergoing a correction that is likely to continue so I don't think it's advisable to invest with meme coins because we all know that meme coins are coins that have no fundamentals so there is no guarantee for us that the price will rise again when the market has recovered, if only to test your luck you can try to invest with meme coin now but you have to invest with small capital that you can afford to lose.

Totally agreed, with the market condition like now, investing in memecoin will be very much of a risk, even in the bull market most memecoin aren't gaining any value, the only time a memecoin price goes up is when a big name shill on it, even the pioneer like Doge only goes up when Elon Musk talk about it. And I also agree that anyone who want to invest in meme coin should be prepared to lose their money.

[S A KHAIR]

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 can take the risk you can try, why not?. Doge and Shiba are offering huge discounts off their ATH prices, so it's not a bad idea to buy them now. But after all, they are just memecoins with no evaluation or promise so the investment would be very risky. So just invest a little in them and watch as buying lottery tickets with the hope of luck.

[Farma]

The market is undergoing a correction that is likely to continue so I don't think it's advisable to invest with meme coins because we all know that meme coins are coins that have no fundamentals so there is no guarantee for us that the price will rise again when the market has recovered, if only to test your luck you can try to invest with meme coin now but you have to invest with small capital that you can afford to lose.

well, basically for now, investing in meme coin is still very risky, especially because of the price correction that occurred. maybe many people think that this could be an opportunity to have a coin with a low price, but that could mean a mistake, because when the price drop occurs, the meme coin price will dump quite a lot, and is prone to making investors big losses. however, it is not recommended to invest in meme coin at this time. it is better to choose a coin with a clear and popular perspective. it would be great to only have coins like bitcoin or ethereum.

[Sayeds56]

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 already have invested in Meme coins and that is Dogecoin that I have been holding for some time now and with those? I don't think that I need to add more as all of my holdings are enough for holding for the next coming years.

You invested all in doge and don't have any coins other than doge?. I don't think doge will die like other memecoins but putting all assets in dogecoin is quite risky and profitability is also unpredictable as the hype of dogecoin is mainly based on Elon. If he announced to stop supporting doge maybe doge will have bad days. Doge or meme should be short-term investments and should not be poured into them.

I think it is not wise decision to reject every meme coin without going through its fundamentals and in particular its use case. If coin is following timeline as given in road map, burning mechanism is working well and new partnerships are being announced then there is good reason to take entry in such coins. For example, Shiba Inu will soon launch game app which can attract investment and trigger price rise.

https://www.benzinga.com/markets/cryptocurrency/22/08/28324721/shiba-inu-unveils-new-game-to-be-launched-for-iphone-and-android-users