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Author Topic: Would you guys invest meme coins now?  (Read 2381 times)
Yiodilly
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August 08, 2022, 06:28:21 AM
 #141

Only if that meme coin is going to promote a new project. If not, other alternate coins with promising roadmap(dyor) and well managed are better.
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August 08, 2022, 08:24:02 AM
 #142

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.

Someone promoting it because they already paid for it so it doesn't weird if some communities want to increase their popularity among new investors. I won't invest in meme coin if that coin is not good enough like their lack of community and only pump and dump happens there. I've tried to invest on BabyDog* last year and the result is not bad at all.

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August 08, 2022, 10:53:06 AM
 #143

Someone promoting it because they already paid for it so it doesn't weird if some communities want to increase their popularity among new investors. I won't invest in meme coin if that coin is not good enough like their lack of community and only pump and dump happens there. I've tried to invest on BabyDog* last year and the result is not bad at all.
Some content from youtubers and some traders have been paid to increase promote meme coins so don't be surprised they always share posts and reviews of promote meme coins, be careful for meme coin hype because like babydog* and many other meme coins just scam, pump and dump games, and some scam projects that the team steals liquidity by selling all the tokens in other wallets.

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August 08, 2022, 06:40:37 PM
 #144

Only if that meme coin is going to promote a new project.
That doesn't make sense.

A meme coin that's going to promote another project? I don't see why a project be it a meme coin or not will promote another one.

If not, other alternate coins with promising roadmap(dyor) and well managed are better.
Well, again with those ideas and thoughts about promising road maps. There could be the best road map for some projects but during the application, they don't meet those criteria they make.

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August 08, 2022, 07:18:11 PM
 #145

Someone promoting it because they already paid for it so it doesn't weird if some communities want to increase their popularity among new investors. I won't invest in meme coin if that coin is not good enough like their lack of community and only pump and dump happens there. I've tried to invest on BabyDog* last year and the result is not bad at all.
Some content from youtubers and some traders have been paid to increase promote meme coins so don't be surprised they always share posts and reviews of promote meme coins, be careful for meme coin hype because like babydog* and many other meme coins just scam, pump and dump games, and some scam projects that the team steals liquidity by selling all the tokens in other wallets.
I remember the days that meme coins are on trend and everyone is creating their own meme coins and everyone is doing their best just to beat or get a head into other meme coins. There are situations that meme coins who gathered enough tractions to the community are being copied and introduced on different blockchain and miraculously it attracts the eyes of the community. After a week of hype, There are a lot of meme coins going scam and being take advantage by pumping and dumping and I remember that influencers are the one being blamed at on those rugged meme coins. Surely influencers, content creators or anyone that has name and promotes such coins learned their lesson from their experience.

Scamming at that time by making meme coins where easy as hell.

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TheGreatPython
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August 09, 2022, 11:53:33 AM
 #146

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.
Someone promoting it because they already paid for it so it doesn't weird if some communities want to increase their popularity among new investors. I won't invest in meme coin if that coin is not good enough like their lack of community and only pump and dump happens there. I've tried to invest on BabyDog* last year and the result is not bad at all.
That is the people you should be most afraid of. I mean these are the people who will make sure that they end up selling for a profit, and do not care if you lose along the way. They will promote it to the point where it is high enough price that they are not in a loss anymore, but if you buy there then they will not be around because they already sold and left when they reached profitable prices.

So, do not trust the promoters that will leave you hanging, just do your own research on each project. Meme coins right now are the lowest point of investments and if you still do it today then you are making a big mistake, it had a hype for a while but it is not good at all.
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August 09, 2022, 11:59:06 AM
 #147

No, I wont, you are throwing money away by investing in any meme coins right now, find layer 2 projects like Optimism you will thank me a few years later, real use case is why projects double or triple in value after a year or two, meme coins are just so useless.
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August 09, 2022, 02:10:12 PM
 #148

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.


For me, it's a no for meme coin right now. The market is in a bad shape and investing in meme coin would not be a very wise thing to do.

Meme coin usually do not have any tangible utility, it only thrives because of the community behind it and just right now, I don't think any meme coin will have a very vibrant community to push it.

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August 09, 2022, 02:53:34 PM
Last edit: August 09, 2022, 03:20:35 PM by Stella Mese
 #149

I think it's possible that we can buy coin memes, as long as we can predict and analyze correctly. but if it's invested for the long term it doesn't seem right in my opinion, At least it can be a short term investment.
or it can also be called daily investment , if the price has gone up and it is estimated that there will be profit for us, and at that time we just sell it.
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August 09, 2022, 02:58:12 PM
 #150

Investing in meme coin posses a higher level of risk, though the returns could be more when the market is bullish. I still believe that one could earn a lot from meme coin as that explains why I chose to hold some. The purpose is basically to gain from the market and take advantage of the imminent pump which could come anytime.
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August 09, 2022, 03:20:05 PM
 #151

It depends and its better to get updated in some news and etc, which is more promising rather than relying on previous meme coins that make hypes in the market because its quite skeptical. I mean without any making research and you want to invest because of being popular? That's literally a big mistake..

On these situation we need to be wise when it comes picking a new investment.. Always look for updates to get more information. That's will always a good idea IMO.

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August 09, 2022, 04:00:59 PM
 #152

It depends and its better to get updated in some news and etc, which is more promising rather than relying on previous meme coins that make hypes in the market because its quite skeptical. I mean without any making research and you want to invest because of being popular? That's literally a big mistake..

On this situation, we need to be wise when it comes to picking a new investment. Always look for updates to get more information. That's will always a good idea IMO.

Hyped meme coins are always on trend and that's the reason why lots of investors prefer buying them. However, I don't think meme coins are worth the risks. There are better potential coins than them with a good backtrack. Meme coins could easily be manipulated by huge personalities like Elon so their value always depends on the manipulations of others. In the current market situation, I believe that it's wiser to buy top coins than meme coins. Those that have better history and a strong foundation.
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August 09, 2022, 09:49:02 PM
 #153

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 nowadays particularly in this bear market is something we need to avoid because it will only bring losses in the end. Though it seems profitable at first like we used to see dogecoin and shiba inu  before, but look at where they are now, their value have been very low and might lose their value eventually if they are not relevant anymore. If you want to invest for sure profits, just stick to bitcoin. Although the profits seem to happen for long, but you know it will never be undervalued.

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August 09, 2022, 10:11:50 PM
 #154

There's no problem with memecoins if you have enough money to invest but of course it's a bad idea to invest the money you need to survive next month for ex. You might become he lucky one because memecoins can grow in price in a blink of eye and fall just as quickly
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August 09, 2022, 10:27:55 PM
 #155

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 nowadays particularly in this bear market is something we need to avoid because it will only bring losses in the end. Though it seems profitable at first like we used to see dogecoin and shiba inu  before, but look at where they are now, their value have been very low and might lose their value eventually if they are not relevant anymore. If you want to invest for sure profits, just stick to bitcoin. Although the profits seem to happen for long, but you know it will never be undervalued.

There is a very high risk of investing in meme coins during a bear market,  because it is not necessarily the case that the hype that occurs in meme coins
will happen again. Moreover, the performance of meme coins is getting more and more worrying now, I don't see meme coins will recover again.
As you said if we want to invest it is as good as choosing Bitcoin, because Bitcoin is the safest choice for investment, especially when a bear market
occurs, only Bitcoin has a very high chance of recovering. Because Bitcoin is different from meme coins, Bitcoin does have very strong fundamentals,
Bitcoin has indeed been proven to always be able to recover even though the price falls very deep during a bear market. So we must be wise in spending
our money, choose crypto that is proven to be safe, don't let us make the wrong decision by investing in meme coins in a bear market situation like today.

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August 09, 2022, 10:29:39 PM
 #156

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.
Yes I also do the same when investing in meme coins. Because I think meme coins are riskier when we hold them for a long time. Maybe my opinion is different from others, especially for meme coin fans.
Especially in the current market conditions, to be honest I only hold a few assets that already have high credibility.
Meme coins are never meant for long term investments since they easily drop their value when the market experience big crashes. That is why if you can’t sustain the risk and uncertainties that meme coins have, better to avoid investing in meme coins at all. However, if you have good strategies that are proven effective for meme coins, that’s fine, as long as you invest in meme coins with caution.
Even Dogecoin wayback isnt really getting that much attention but as one of the old coins and meme coin then it is somewhat getting some support from the community but not really on the extent where it do sits on

top ranking coins in the market until Elon do make out some involvement which ends up on having some significant movement into its price and then later on other meme coins that had been created had made out some

good price increase and thanks to hype but asking if its worth to invest now? Its up to someones choice but honestly its not really that recommendable.

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August 09, 2022, 11:19:11 PM
 #157

right now no one famous shilling for meme coins in general, I think from now meme coins need to increase their valuation by themselves without some shill coming from like elon musk.
therefore you could judge from the innovation that these meme coin brings and deduce conclusion whether these meme coins in general still deserve our investments and maybe could score good return as before.
so it depends with the meme coin itself.

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August 10, 2022, 03:55:23 AM
 #158

Many coin investments say that they are very risky because they are considered useless, but in my opinion as long as the developers are serious about building a community and the concept, it will be beneficial, at least I have invested more than 20 coins and more profit than losing, and I have never been fanatics for hold or panic when the price drops.

Absolutely right. All investments are associated with some sort of risk but crypto investment is comparatively highly risky and highly rewarding, as well. Best strategy to manage risk is diversification. It is important that team behind the coin you invest in is committed, forward looking and consistent on doing development work then it doesn't matter you put your money in meme or any other coin.

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August 10, 2022, 04:07:04 AM
 #159

There are many such coins in the crypto market but according to the current market situation meme coins are more risky. The value of this coin is very low whether meme is a good investment for you depends on your personal circumstances cryptocurrencies are highly volatile and high risk assets. You should assess the level of risk before investing and should not invest money that you cannot afford to lose.
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August 10, 2022, 05:02:23 AM
 #160

I Invest several times New Listed Meme Koins, I was once lucky because by buying about $ 5 to $ 110 in 2 months, but I also lost a lot of money from meme koins, if calculated there might be profit but with that experience makes me not interested in investing in memes coins.
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