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Author Topic: Meme coins still a good invest?  (Read 1100 times)
carlisle1
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May 14, 2023, 02:15:59 PM
 #141

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 me personally meme coin has never been a good investment, because meme coin has no projects and only altcoin are made for jokes, therefore I never thought that meme coin was a good investment and of course I was investing in meme coin at that time just because meme coin is hype, so I took the chance to make profit from investing in meme coin.

But there are traders who are willing to take that big risk, hoping that luck will back them out and the project which is classified
as meme or joke project will be pump high and bring a huge amount of profits.

Different people have their own take regarding to how to handle that particular risk and how they will locate those meme assets that may bring a good hype.

It's all depends on how you gamble with your fate. If meme pumps and your timing is right, then expect that you will earn decently.
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May 14, 2023, 03:44:41 PM
 #142

Meme coins unlike other altcoins don't have any value and there are very risky to invest it. Though some people invested in meme coins and were able to make thousands from them.There are not good for long time holding you can quickly buy them as soon as they are launched,sell it as soon as the price goes up in order to make decent profits. If unlucky you can easily lost your funds investing in meme coins.One need to be careful investing in them.

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May 14, 2023, 04:02:11 PM
 #143

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.
Crypto investors are aware about meme coin. Many people have made huge profits by investing in this platform and many have lost their money. The first thing to keep in mind when investing in this coin is to plan for the long term. Because until the market is bullish then meme coin will not grow as expected. If the market is bearish for a long time then investors have nothing to do but wait for a long time. Investing in this platform is very risky. But those who can take risk and invest in the right place will be able to profit. I have already purchased Doge and Shiba Inu coins.
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May 16, 2023, 10:03:07 AM
 #144

Meme Coin was good from the beginning but later on their coins went down very fast.Analyzing the market in meme coins i realized that attracted investors early on.So meme coin can never be a good investment. Meme coins go up very quickly and go down slowly and all meme coins are just pump and dump schemes.I still think meme coin is too risky. Besides meme coin there are many good altcoins that will give you very good returns.  Now that the meme coin hype is over, it will be difficult to raise the price of meme coin.
Yep i agree with that. For me, better stay away from meme coins. The thing I noticed with memes is if you bought, you need to be very active like a day trader, checking the price every time so you can take profits quickly & all, so you're restless. But there's peace of mind when you invest in solid projects. I bought AI tokens in early January, and I'm still up in decent gains.

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May 16, 2023, 10:42:28 AM
 #145

Meme coins unlike other altcoins don't have any value and there are very risky to invest it. Though some people invested in meme coins and were able to make thousands from them.There are not good for long time holding you can quickly buy them as soon as they are launched,sell it as soon as the price goes up in order to make decent profits. If unlucky you can easily lost your funds investing in meme coins.One need to be careful investing in them.


True, that's why I don't call memecoins investment. It's gambling. And in gambling casino always wins.
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May 16, 2023, 02:51:40 PM
 #146

Crypto investors are aware about meme coin. Many people have made huge profits by investing in this platform and many have lost their money. The first thing to keep in mind when investing in this coin is to plan for the long term. Because until the market is bullish then meme coin will not grow as expected. If the market is bearish for a long time then investors have nothing to do but wait for a long time. Investing in this platform is very risky. But those who can take risk and invest in the right place will be able to profit. I have already purchased Doge and Shiba Inu coins.
DOGE and SHIBA are certainly different from the new meme coins that have appeared now. meme coins currently have mostly no utility, no use for the ecosystem. This meme coin is only here to enliven the hype market with meme coins. Holding meme coins long-term is very risky to lose. Moreover, meme coins are now also a lot of scams and scams that when the hype they disappear and are abandoned. be careful with lots of meme coins appearing.
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May 28, 2023, 05:26:07 PM
 #147

there are lots of meme coins that pop up when doge rises, but most of these meme coins become trash coins, in my opinion investing in meme coins is not worth it, because the risk is very big, you should invest in coins that have more potential than meme coins

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May 29, 2023, 04:34:15 AM
 #148

It depends on what project you are investing in. If you're investing in a new meme coin I don't think it's a good idea, but if you're investing in an reputable meme coin like DOGE I think it's still good investment.

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May 29, 2023, 04:38:59 AM
 #149

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.
No, once regulations hit only compliant chains will be freely tradeable on exchanges. That's why I'm pivoting from Doge into XRP, BTC, and Q Blockchain.
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May 29, 2023, 05:16:00 AM
 #150

Well after the last weekend I am more believer in Floki. It did get 100 Million people to view it on Chinas tv channel CCTV for ping pong.

It made it have 400% rise in volume from this. https://cryptonews.com/news/floki-inu-price-prediction-400-volume-spike-as-floki-featured-on-chinas-cctv-5-channel-can-it-flip-pepe.htm

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June 05, 2023, 12:26:00 PM
 #151

The craze for memes still persists, although only a handful of them will endure. Despite the high potential for return on investment (ROI), meme coins carry a significant risk of loss compared to other alternative coins. Personally, I have no interest in meme coins as I prefer to avoid taking risks and would rather invest in other alternative coins.

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June 05, 2023, 12:37:44 PM
 #152

there are lots of meme coins that pop up when doge rises, but most of these meme coins become trash coins, in my opinion investing in meme coins is not worth it, because the risk is very big, you should invest in coins that have more potential than meme coins

Yes, of course most of the current meme coins circulating in the market are not good for investing in meme coins like this, besides the potential generated from meme coins is not that significant which makes most people interested in choosing meme coins, actually there are many higher quality Altcoins if you want to invest.

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June 05, 2023, 01:17:12 PM
 #153

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 think all types of coins still have a chance in a bull run market, but the projects that survive before that happens are unlikely to survive.
so the developers may be waiting for that time to come to release their coins
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June 05, 2023, 03:27:36 PM
 #154

meme coin generally already have its trend over, you could be investing in some of the famous meme coin but you're already losing the chance of flipping your money.
most meme coins that are famous already gaining massive increase in value I doubt it will go even further. I think you should invest in coin with real utility, since right now they are the one that keeps gaining more and more value increase meanwhile it seems meme coin just left behind even in this recent value hike.

If you are considering investing in meme coins or any other cryptocurrencies, it's crucial to conduct thorough research, understand the associated risks, and make informed decisions based on your own financial situation and risk tolerance. Additionally, consulting with a financial advisor or professional with expertise in cryptocurrencies can provide valuable insights.

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June 05, 2023, 03:33:18 PM
 #155

No.
Meme Coin is just have fun for communitty. Holder ? No
that what meme coin supposed to be but the truth is so many are just betting their life saving away with this meme coin.
i'd never ever call putting some bet in meme coin as investing, yet there are so many out there that considers it something of an investment itself.

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June 05, 2023, 04:12:43 PM
 #156

It depends on what project you are investing in. If you're investing in a new meme coin I don't think it's a good idea, but if you're investing in an reputable meme coin like DOGE I think it's still good investment.
Doge is the most popular MEME coin, it’s very old coin in the market. But if it’s manipulated so i think also it’s not good investment for the long term. I think Shiba and Doge and now PEPE are mostly people’s priority then others meme coin. But i never considered meme coins can be good idea to invest your hard income. 

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June 05, 2023, 08:15:00 PM
 #157

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.
Crypto investors are aware about meme coin. Many people have made huge profits by investing in this platform and many have lost their money. The first thing to keep in mind when investing in this coin is to plan for the long term. Because until the market is bullish then meme coin will not grow as expected. If the market is bearish for a long time then investors have nothing to do but wait for a long time. Investing in this platform is very risky. But those who can take risk and invest in the right place will be able to profit. I have already purchased Doge and Shiba Inu coins.
As you can see, the hype on meme coins went out quite quickly. There is no such excitement as after the appearance of Pepe. Even earlier, SHIBA INU became the harbinger of the appearance of meme-coins. But such investments have a significant risk than for example in ordinary altcoins. Therefore, you should not increase your risks significantly, especially if the portfolio is weak.

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June 05, 2023, 10:19:19 PM
 #158

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.

Meme coin is just a coin that follows trends and hype. When talking about opportunities I'm sure they will always have opportunities but that only applies to projects that are currently trending.

Shiba and Flokki no longer had a chance. I believe they will never be able to hit their ATH back. Now I know PEPE is the best for meme coins. But what are known as trends come to an end. And your chance is your lucky moment to find when the trend is starting.

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June 06, 2023, 09:35:41 AM
 #159

I think investing in meme coins is too risky. But it doesn't matter if you are prepared for all the risks. Because it does not rule out the possibility that meme coins can also provide many benefits.

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June 06, 2023, 01:45:13 PM
 #160

Meme coins are not investment tools because they are just coins that are only created out of hype creating conditions where they go up very quickly and are slowly discarded.
We must be aware that the word investment cannot be used immediately for everyone because indeed when we see the condition of coins like this it is just like gambling where we hope that the meme coins we have will be pumped.
These are not sound investments regardless so there is no need to ask whether they are good or not because the answer is obvious.
Meme coins like Shiba Inu and Floki Inu still have a chance to perform well in the next bull market. However, it is important to understand that this coin is highly speculative and risky. Their value is largely driven by social media hype and attention, which is fickle and unpredictable. Too risky, and everyone knows. As for your answer, I agree that meme coins should not be considered a good investment. While some people may make significant gains from meme coins, many others lose money when the hype dies down. If OP ask for me, while meme coins may still have a chance to do well in the next bull market, they are not sound investments and should be approached with caution.

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