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Author Topic: Meme coins still a good invest?  (Read 1100 times)
Questat
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March 16, 2023, 11:44:53 AM
 #21

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
If it does, then it was a big surprise to me, really because I'd never think they can make a market rally this coming bear season unless hype and manipulation come just like the old days. Meme coins have a bad reputation already, so if someone will invest any of them then he is really about to play huge risks.

However, I can't hold into people who have see Shiba Inu as worth investing and that was their choice as well. Besides, we can't expect that everyone loves meme coins or some hates it and ignore.

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March 16, 2023, 02:47:22 PM
 #22

I don't think so, we now have more than one hype that many investors will focus on for the future, like AI and ChatGPT, I think this is where more money will go into in the coming bull market, find something new and leave meme coins behind, you can't get the type of crazy gains that people got from Shiba inu in 2021, ever again.

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March 16, 2023, 03:06:18 PM
 #23

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
Even Doge coin, I would pass on that. No way in hell that I would invest into something that should have stayed to be just a "culture" internet. Sure there might be some utility to meme coins like Doge being used in casinos, but I am pretty sure that even non-meme coins and/or altcoins like Bitcoin are capable of doing the same solution.

Knowing also that hypes around Twitter is enough to just pump the coin up to the space is another factor to worry about especially once that hype dies out. In the short-term, it might be profitable but I am a long-term holder anyway.
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March 16, 2023, 03:59:16 PM
 #24

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
For coin memes it seems that they are not only dominated by Shiba inu, but memecoin which continues to vary and has many types with a very large supply in the market. for the Shiba inu I think the rise that made the holder gain a lot of profit seems to be over. For now there will be other memecoins that will continue to be developed, including the BIB Token. In my opinion, the BIB token is also part of Memecoin which continues to be developed and has movement in the market.

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March 16, 2023, 04:13:34 PM
 #25

I'd say that they never were a good investments. Yes, SHIB pumped at some point, but it was pure luck. I don't want to throw my money in coins that based on luck.
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March 16, 2023, 04:18:54 PM
 #26

I'd say that they never were a good investments. Yes, SHIB pumped at some point, but it was pure luck. I don't want to throw my money in coins that based on luck.
Exactly, shiba inu became a successful meme coin thanks to Doge coin success after Elon Musk pumped the hell out of the coin, all Shib investors should consider themselves lucky, I don't plan on doing the same thing but the hype is all we need, where the next hype will come from is still a mystery right now, maybe artificial intelligence project will do so well like meme coins in 2021 who knows? So instead of risky money on meme coins I will rather give a try with AI projects.

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March 16, 2023, 04:31:40 PM
 #27

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

Nope for me, when you use word "invest" means you put something that you hope that will return a better reward in the future. I will just use "play" or "bet" with those meme coins. It's important to keep in mind that these coins are often created as a joke or for novelty purposes, rather than for any fundamental value or utility. Therefore, they can be particularly volatile and unpredictable in terms of price movements.
Their popularity may fluctuate wildly, and they may suffer from a lack of liquidity or adoption.
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March 16, 2023, 04:35:07 PM
 #28

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
I don't recommend investing in meme coins with too much money because we don't know if they can still get big pumps or will be the price they are now. Perhaps, people are still investing in this meme coin because they see lots of people giving advice on investing, but hopefully they don't just follow it but look for other more promising coins.

I assume meme coins are just coins to play with pumps and dumps and when that's done, the price will drop to rock bottom. But if meme coins can really be a coin that has benefits for its users, I think you can try investing in meme coins. I don't know about shiba inu and floki inu, but it's up to you if you want to invest in those coins. I only suggest investing with the money you can afford.

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March 16, 2023, 04:55:13 PM
 #29

All altcoin are the same despite being it Meme coin or not, i have really seen most of them that couldn't survive the bear market. Most of these meme coin are just over hyped due to popularity or maybe possibly featuring and sponsoring some events get them more attention this doesn't mean is 100 percent secured and It doesn't really trustable to hold for long but it all depends on your choice of investment.

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March 16, 2023, 06:00:28 PM
 #30

The success of Meme coins depends on the community, it is just like a religion, how many believers you have and are committed to the success of the project, The likes of Doge and Shiba the two most successful coins  were able to build a cult-like community around the project, even for Elon Musk to buy into the Doge idea is a very good achievement and they believe in the long term success  of the tokens despite both offering no useful purposes to holds 


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March 16, 2023, 06:23:51 PM
 #31

Those who make investment in meme coins for long time gain benefit out of it so it cannot be say that it is not beneficial and cannot be profitable. During Bull season the price moves up and everyone who have invested some part for long term can sell it to be a successful trader. The coins selection matters but handling it also matters a lot because it depends that how you manage it according to price Fluctuations. Sometimes people fails to get good income with investment in super good coin due to their careless thoughts and unnecessary knowledge.

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March 16, 2023, 09:20:25 PM
 #32

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
This will be a fairly high risk investment when it comes to meme coins. Especially if it's the new meme coins, I'm personally not interested in getting them, especially those who have already passed their ATH and finally dropped very far. It would be very difficult for them to come back, only to end up like dead coins.

On the other hand, two meme coins that are currently still attracting attention are only Doge and also Shiba Inu. But are they really worth it and able to penetrate the new ATH later? This is also not certain, because as usual, hype coins will continue to be replaced, and the meme coin era seems to have ended in the previous bullish era.

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March 16, 2023, 09:38:30 PM
 #33

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

I have never been a big fan of meme-coins because for me they are all useless shit-coins that just take away attention and also money from "real" crypto projects that are actually trying to deliver a product that is useful. Even i have to admit though that early Shiba Inu buyers made really huge profit and a lot of people got rich with it. I think with Floki it was similar but not to the same extent as with Shiba Inu. This also means though, that those two projects already made their x100 so i don't think, that there is much room for another x10 or so. If i were you i would invest in real projects instead.

That being said, today i found a project called Unimoon, that launched today that has a bot that is investing in microcap meme-coins and selling it on the way up. The profits made that way are shared with the people that have their Unimoon token staked. I kinda like the idea so i invested a small amount. Therefore i can earn from meme-coins without having to deal with them myself.
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March 16, 2023, 09:43:18 PM
 #34

Actually in this case I'd rather say it's one of gambling in a different way than say investing in a coin like this, The conditions are pretty clear they can't do without the pump and the hype so it's just like looking for luck in the hope that some whale pumps the coin this and we can take part a little there but conditions like this will not be easy to get because this only depends on big people who can really do that, the rest don't get your hopes up.

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March 16, 2023, 09:50:43 PM
 #35

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

It depends on the capability of a meme coin. I prefer the active and known ones because they have a higher chance of getting along with the market situation. However, we should not disregard the fact that any of them can drop down and turn into bubbles anytime. If you want assurance, it's better to stick to well-founded and established coins. Always remember that investing with meme coins is for those who are willing to take higher risks.
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March 16, 2023, 09:53:18 PM
 #36

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.

Hard no.  They pumped last bull run, but they are worthless projects so lightning won't strike twice most likely.  Memes were basically a fad during the covid era.  Every bull run a new fad or group of coins tends to be the flavor of the market.  No one knows but throwing money in memes likely will leave you with less money than you started with.

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March 16, 2023, 09:55:28 PM
 #37

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
If you want a secured investment in crypto and to hold long-term, never think about buying these meme coins. Of course, I couldn't decline the chance to make money from meme coins like Shiba Inu but if we talk about other meme coins, that is somewhat difficult and too risky (compared to others).
Honestly, it was hard to trust a project that only pumps when someone manipulates it. No working products, no strong support from the community - that is an unsecured investment and usually, it went fall, and lose our money.

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March 16, 2023, 09:59:15 PM
 #38

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
If I see that his price will go up, I will definitely invest in it. There are a lot of people backing that coin, big investors. It is certain that investors will not allow them to lose, so they have to do something. It is possible that if someone sells a lot of coins, they have buy orders that are ready to participate in the price so that it does not drop too much. That's why meme coins still have a chance to do well in the next bull market.

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Kelvinid
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March 16, 2023, 10:08:21 PM
 #39

Do you think that meme coins still have a chance to do well in the next bull market? Would you still invest on projects like shiba inu and floki inu.
If I see that his price will go up, I will definitely invest in it. There are a lot of people backing that coin, big investors. It is certain that investors will not allow them to lose, so they have to do something. It is possible that if someone sells a lot of coins, they have buy orders that are ready to participate in the price so that it does not drop too much. That's why meme coins still have a chance to do well in the next bull market.
If you think that they are really promising and have the chance to pump in the upcoming Bullrun, you'd better buy them now rather than wait for their price to spike because the next thing that happens to them is dumping. In fact, it was a common scenario in the market and if we are aware of this strategy "buy low and sell high" you will actually be thinking of doing it before the bull season comes.

I really don't have the guts to buy meme coins but I saw Shiba Inu is somewhat having a bigger chance than it was been showing it before. Well, just buy only in small amounts at least, whatever happens, it was not totally regretting.

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Psynthax
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March 16, 2023, 10:30:06 PM
 #40

just don't expect too much from meme coin right now the trendy thing is the L2 solution like optimism they are the ones that hogs all the investments coming in to the cryptocurrency, meme coin are right now being considered the least for investments mainly because it's not that good anymore, no more new investment meaning it just gonna be stagnant, moreover people are already smart enough to know that it's basically have no utilities, the prospect and future aren't there with meme coins at this moment right now.

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