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Author Topic: How do you feel when.......  (Read 360 times)
Luffygroove
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March 25, 2023, 04:55:57 AM
 #61

Well, I don't like meme coins either and never invest in them. So, based on my experience, of course, sometimes I feel a mix of emotions. On the one hand, I jumped into cryptocurrency to profit and felt sad when I didn't join the FOMO and gain big money, but on the other hand, meme coins contradict my beliefs about how a crypto project should be, which has real-world utilities and benefits a large number of people. I've held some coins and tokens with great utilities for years, and as prices, they don't perform well, but they're still around and thriving, and that makes me happy. I'm hoping they hit their target and I can profit from it. I never make any comments about other people who invest in those projects because it is up to them to manage their own profit strategy. Everybody has their own way to profit, so I avoid making bad comments about how they invest.

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March 25, 2023, 11:00:47 AM
 #62

There is a lack of consistency in many meme coins that's why I am not into them, I have invested in Shiba inu before but it was already too late as I wasn't able to make much profits, I took my profit and market start dumping after, wait till next bull market begins you will start see FOMO from projects that are not even worth your time, this is normal and it is on investors to make their choices, some people like gambling with such projects because many people made millions with meme coins, but who knows if the same thing will happen in the next bull market. Maybe the whole attention will be shifted into something new.

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March 25, 2023, 01:32:38 PM
 #63

In a nutshell, your friends were fortunate, but they will fail if they continue to invest in meme coins to increase their wealth. Meme coins are a type of pump and dump coins and are unreliable. The hype that can generate short term demand is the only reason it pumps. It would not work for long, so you cannot keep them because you will lose money. Luck determines the opportunity to make money on meme coins. This is worse than betting because only a small number of individuals make money from this kind of investment.

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Alisha-k
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March 25, 2023, 08:29:00 PM
 #64

How do you feel when ever a project or utility you don't like does very well in a bull market? I know that many people don't like meme coins when they were new in past years, how do you feel seeing your friends you call stupid for investing in shiba does very well than all your so called high-quality projects?
You can definitely like everything and everything shouldn't be appraised by you.
The fact that I do not appreciate a thing doesn't make it totally worthless, it may just be my own perception and individual difference.
Meme coin isn't valued by so many persons and am not exempted but it's still beneficial to some.

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March 25, 2023, 09:31:22 PM
 #65

How do you feel when ever a project or utility you don't like does very well in a bull market? I know that many people don't like meme coins when they were new in past years, how do you feel seeing your friends you call stupid for investing in shiba does very well than all your so called high-quality projects?
This really common to happen in the crypto market. Moreover, if that kind of project has very big hype, they are ale to jump up highly and significantly only in a short time. Many people who are able to utilize the chance in this kind of hype project will commonly gain very big profits. But on the other hand, they will lose so much very easily. That is why how hype projects commonly will jump up because of hype. But, we also can see how long they will be able to survive inn the market. Commonly this will not be too long. We can see many projects like that will fall after the bullish, and will not be able to survive in the market after dump.

R


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Mate2237
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March 25, 2023, 10:26:15 PM
 #66

How do you feel when ever a project or utility you don't like does very well in a bull market? I know that many people don't like meme coins when they were new in past years, how do you feel seeing your friends you call stupid for investing in shiba does very well than all your so called high-quality projects?
There is luck in Investment, a project that you don't like might favour another person, because you might like the project because the does not favour you, or you are not technically enough to Investment and make profit on the project but someone who is conversant with the project would do well and earn his profit from it. So that why is there is a popular saying that, "One man food is another man poison". So if it doesn't favour you that doesn't mean that it would not favour another person.

You have to focus on the ones that good or favours you. If you are not good with that project and you force yourself to invest in it, you will lost all you coins and blame the system. So leave those projects for those who good for it.









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March 26, 2023, 12:52:14 AM
 #67

Good for them that they got it right but my view of the project won't change just because some people made profit from it. I still won't buy their token. I could change my mind if I see significant developments in the project and not just for talk or hype.

What's the point of this post and why it's even posted in the beginner's section? Did you happen to get lucky and just want to brag or get back to those people who doubted and laughed at your decision to buy Shiba?
They don't get it right, it is just luck that the coin got pumped for a while. With this spike some sold their coins and make a huge return and they will fall for greed and invest again and the project or coin will be gone forever. I saw many projects vanishes from the market but they gave people good return at some point.
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March 26, 2023, 06:07:31 AM
 #68

It depends, have you told your friends if you've invest in different coin and call meme coin is shit? if you not told to your friends, your friends will not mocking you if he have made a right decision than you.

If you have told your friends, all you can do is shut up or give an excuse if your coin are better in the long term, however you still need to be patient to wait it. This is the risk for tell your investment to your friends, there's always a drama created.

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March 26, 2023, 08:36:47 PM
 #69

How do you feel when ever a project or utility you don't like does very well in a bull market? I know that many people don't like meme coins when they were new in past years, how do you feel seeing your friends you call stupid for investing in shiba does very well than all your so called high-quality projects?
I've seen the opposite effect when a project I liked didn't work very well and eventually ceased to exist. Smiley I don't think comments are needed here.

These meme-coins perform well for a very short time, after which it again find themselves in their positions - at the end of the rating. The success of meme-coins is too short-lived, spontaneous and unpredictable. Friends in this case are only lucky and this is not an indicator of a good investment strategy.

High-quality projects as were, so it remain. These are the ones you need to focus on in your portfolio. If you choose between them and meme-coins, then the choice is obvious. It is foolish to bet on a lame horse at the races, although theoretically it can win. Accidentally.

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March 26, 2023, 08:58:51 PM
 #70

I remember when meme coins first started to gain popularity, and I thought they were a joke. But then I saw people making a lot of money from them, and it was hard not to feel a little envious. But I realized that I didn't really understand the value of these coins, and I didn't want to invest in something just because everyone else was doing it. So I stuck to the projects that I believed in, even if they weren't getting as much attention.

It can definitely be tough to see something you believe in fail, while something you don't like takes off. But I think it's important to keep a long-term perspective. The market goes through cycles, and what's popular today might not be popular tomorrow. So I think it's important to focus on the fundamentals of the projects you're invested in, and not get too caught up in short-term trends.

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March 27, 2023, 09:15:03 AM
 #71

Several of these meme coins don't last for a year before they become scams, but I still make some money from them. I heard people were doing the same thing, making lots of money. I didn't know about the shiba inu until much later, but I don't regret it at all.

There is no way you would know that shiba inu can be as big as it is right now, even when it has like 9 Zeros I was like, this is a shit coin but damn, this project changed their lives of many people, even in my surroundings, I know I am a lucky child, I will get lucky as those who made millions from shiba inu one day.

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SPIN

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