LogitechMouse
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August 03, 2022, 07:23:41 AM |
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To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad ! 20% in one day is high already but it is a memecoin and most of the memecoins have low market cap meaning it is more prone to pump and dump. But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I disagree, the best gains are made when you are holding Bitcoin for a long time . I'm a conservative person that's why I'd rather choose to invest into Bitcoin than investing in a memecoin. On the other hand we are the same that will not put any money into DOGE, Shiba or into any memecoins. I tried investing into one memecoin but only a small amount and I ended up losing all of my money into it. Just focus in Bitcoin and Ethereum and you will be safe
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icalical
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August 03, 2022, 01:09:30 PM |
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I think we should blame Elon Musk for this storm of Meme Coin, he pump doge and shiba and suddenly everybody creating meme coin. And as you can expect many people willing to risk their money in something that does not have utility at all. Luckily this doesn't evolve to larger FOMO like how ICO, DEFI and NFT, only few of those meme coin that actually have significant market cap now.
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Len Saldua (OP)
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Activity: 255
Merit: 13
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August 03, 2022, 02:30:07 PM |
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Just because a project has some real utility it doesn't mean it can't fail... and by the same token, a project with little utility can take off like a rocket under the right market conditions. It's crypto guys, anything can happen ! ( As I write this, my meme coin has made me a nice $130 profit in only 2 days ! )
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vanesha
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Binance #SWGT and CERTIK Audited
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August 03, 2022, 03:18:36 PM |
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it's like buying rugpull coins I guess. I'm not saying all those meme coins will rugpull, but usually criminals will always take advantage of the trend to take advantage ruthlessly. Very lucky people who know how they can exit faster when they have made a profit.
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diminizio
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Binance #SWGT and CERTIK Audited
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August 03, 2022, 03:39:51 PM |
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I just believe with Dogecoin and Shiba INU meme coins will be good for long term storage. Although there are currently many similar meme coins, they only follow the trend, usually the hype doesn't last long because it's just a pump and dump. While the original meme coin really has a strong community without being controlled by the meme project team itself.
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virasisog
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August 03, 2022, 03:55:47 PM |
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I don't think meme coins are still worth the investor's trust because I don't see their real function. They're mostly only carried by the hype and mostly unreliable. It's better to risk in well-established coins than the hope of gaining a higher profit in meme coins. I think they're just worth buying if the coin is making a noise and just take advantage of it.
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Len Saldua (OP)
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August 05, 2022, 03:47:19 PM |
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Not to brag but my meme coin has made me nearly $500 already. I'm beginning to get worried.
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inanilujimi
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August 05, 2022, 04:12:24 PM |
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Know that playing meme coins in the bear market is tantamount to throwing money away, to be honest you are very lucky to get a quick profit from these meme coins. meme coins will only be good to hold during a bullrun market, but if you are ready to accept the risks it is true there are meme coins that will be pumped but the probability for me is 1:1000
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tvplus006
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To the Moon
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August 05, 2022, 04:23:21 PM Last edit: August 05, 2022, 05:02:28 PM by tvplus006 |
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Not to brag but my meme coin has made me nearly $500 already. I'm beginning to get worried. Have you tried to sell your coins in order to talk about profit? You may be surprised, but it happens that the smart contracts stipulates that you will not be able to sell them, or transfer them, since they are blocked for a certain period or forever. In such cases, the price of the coin is constantly increasing, since no one can sell.
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coinerer
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August 05, 2022, 04:35:38 PM |
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meme coin investment is high risky you can lost your 100% amount by investing in meme coin . I think it will better for you if you avoid investment in meme coin . You can choice another good coin for your investment like bitcoin, Ethereum and anything else
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Len Saldua (OP)
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Merit: 13
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August 06, 2022, 01:24:55 AM |
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Have you tried to sell your coins in order to talk about profit? You may be surprised, but it happens that the smart contracts stipulates that you will not be able to sell them, or transfer them, since they are blocked for a certain period or forever. In such cases, the price of the coin is constantly increasing, since no one can sell.
Yes, I mistakenly sold a small amount the first day I got into it. Converted about $200 into USDT so it can be sold at any time.
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Pelana vreo
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Syntrum.com
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August 06, 2022, 03:28:05 AM |
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Not just shiba, but there's a dozen different others I think. I tried a couple of them, just to see how they behave in this bear market. To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad ! New memecoins at the pump and just dumped, i see a lot of memecoin ending in rugpull but new investors use this hype for profit, i don't see new memecoin project has utility that can be used for the long term, every time the project keeps coming and offers tokenomic that looks profitable, be careful when chose memecoin because many of those projects ended in fraud and harmed investors.
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bittick
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August 06, 2022, 05:44:42 AM |
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Not to brag but my meme coin has made me nearly $500 already. I'm beginning to get worried. that's good to see that and so your profit can also decrease anytime. You shall try to convert a half from your profit to the stable token but what about when it will be going down? meme token can go up easily but it can also go down like a rollercoaster in day. learned from so many meme token in the market if it can go up drastically but dumped like a rocket that was going back to the earth again.
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S A KHAIR
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1xBit recovered their reputation
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August 06, 2022, 06:16:15 AM |
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I think we should blame Elon Musk for this storm of Meme Coin, he pump doge and shiba and suddenly everybody creating meme coin. And as you can expect many people willing to risk their money in something that does not have utility at all. Luckily this doesn't evolve to larger FOMO like how ICO, DEFI and NFT, only few of those meme coin that actually have significant market cap now.
Why would you want to blame Elon, what he did wrong. If to blame, blame it on our greedy nature, we don't research before investing, we want to get rich without doing anything. It is purely our greed. Not only Elon, but when investing, we should not listen to or trust anyone. Memecoins existed before ELon invested in them and used them as a manipulator for profit.
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LastKiss
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SOL.BIOKRIPT.COM
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August 06, 2022, 06:37:13 AM |
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Not just shiba, but there's a dozen different others I think. I tried a couple of them, just to see how they behave in this bear market. To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad ! But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there Well, it's a common thing like there's one metaverse project then a lot of new projects adopt metaverse features as their main selling. Since Elon did some tweets about meme coins a lot of people take the opportunity to make one and I see that a lot of meme coins only have a simple feature in them like a burning feature.
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Semar Mesem
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August 06, 2022, 07:07:00 AM |
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Not just shiba, but there's a dozen different others I think. I tried a couple of them, just to see how they behave in this bear market. To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad ! But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there Many people always think that meme coins are useless coins because they are just a series of numbers on the network, but I think as long as it is profitable then I will enter, in investing of course we must always be brave to take risks, and what Doge and Shiba have achieved so far this is hard work from the team and of course the support of the community.
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KaliLinux
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August 06, 2022, 07:32:04 AM |
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Not just shiba, but there's a dozen different others I think. I tried a couple of them, just to see how they behave in this bear market. To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad ! But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there Well, I guess this is the reason people still insist on investing in all these shitcoins because somehow they still make some profits from them and in a few cases made serious profits too but let's not forget that more meme cons investors are not that fortunate in this investments, however, we are all on a different level of risk tolerance.
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robattfield
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August 06, 2022, 07:40:17 AM |
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A bunch of shitcoins being pumped through the teams and FOMO from the latecomers. If not knowledgeable enough to keep up with them, the latecomers just see it as gambling and playing risky things. It's not a good way to invest, and I believe anyone who has made big profits or lost money with them will not think they are a good way to make money. Do not overestimate their potential; other high-quality products are still being developed and have yet to find a market niche; and do not place your faith in ethereal concepts such as memes.
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Yamifoud
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August 06, 2022, 01:09:10 PM |
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meme coins aren't the right coins to invest with, you can't really think about earning them in the future, not in the long-term but for just in a while when it pump. Because after that, once the hype is over, I'm not sure if they still have the chance to recover or are gone forever. In fact, Dogecoin and Shiba Inu have just known meme coins but as you can see they are far from getting potential, they'll somehow lose their value from time to time. And I was afraid Shiba Inu will be ended up moving to the bottom.
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Smitty Werben Man Jensen
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COMBONetwork
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August 06, 2022, 04:41:08 PM |
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I think the meme coin trend in 2022 is over, in fact there are currently very many Play To Earn projects, yes I think it's the same as Memecoin, without developers and without a team that clearly makes these new projects really risky, don't easy to believe in a project like this.
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