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Author Topic: Do you like Meme Coins ?  (Read 569 times)
noormcs5 (OP)
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May 14, 2023, 05:56:17 AM
 #1

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

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May 14, 2023, 07:04:11 AM
 #2

Yes, memecoin is just a short lived hype project that has no actual utility, just pure quick scheme cash cow maker. People wants a quick money and the answer is putting a degen on meme coins which currently have been trending in the crypto market but as always take profit when is happy because holding it for long is not a good idea at all.

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May 14, 2023, 07:20:41 AM
 #3

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

All depends on the dev of meme coin since if they launch the same like name with other successful meme coin then I cannot say they are good and would rather invest since this is another potential scam. But if they bring up new flavor like enhance the technology with proper use case then maybe I would like to have them. I miss to know the existence of PEPE but at the moment I don't have any plans to accumulate since there ATH has already pass.

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May 14, 2023, 07:38:44 AM
 #4

I have seen a few of my friends making a good amount by investing in a handful of meme coins. The latest being PEPE and before that, it was Shiba INU. I feel it all depends on the developer on how they market their project and make it big. There have been others which were just rug pulls.

I am not a fan of meme coins, and I do not intend to invest in any of those projects currently making headlines. I feel it is just hype, and after a few years, it will die."

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May 14, 2023, 08:15:30 AM
 #5

Actually, my feedback is neutral and if I see that a meme coin is worthy of being one of my investments, I will buy and keep it. An example is the Doge and Shiba coins that I already had and were profitable before. But if you want to invest in meme coins, you should be aware that meme coins have the potential to experience pumps and dumps. So you already know and can determine how much money you can use to invest in meme coins. Don't gamble too much with meme coins because there are many potential coins you can use as your investment.

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May 14, 2023, 08:59:23 AM
 #6

Do you like investing in MEME coins ?



In the crypto market, the only coin I like is bitcoin, the rest I don't like any coin. But investment is for profit, and I will not pass up any opportunity, including memecoins. I am here for profit, as long as they can make a profit, I have no reason to refuse.
Cryptocurrency is a financial market, and the winner is the one who makes the most profit. So I advise everyone, don't follow the crowd, don't imitate or follow anyone, always do your own research and choose what's best for you. If your goal is profit and you are willing to take risks, then there is no reason not to try the meme, but if you like safety and accept low returns, bitcoin is the choice.

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May 14, 2023, 09:37:03 AM
 #7

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money.
Apparently yes. Its not that they are useful or have amazing use case. But its price action depend on the community support and hype. Its like you are investing on them for a very short period of time then youll take profit once its realized. Dont love them like a typical L1 project on alts. Once they take off and the profits are good for you then sell it. Sometimes most memecoin are just doing rug so better be careful to choose which one youll ape in. But the trick here isnt doing huge money. A fraction ia enough since ita a risky one. Always expect losses with this. But once you hit jackpot then all the loses will be compensated.

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May 14, 2023, 10:27:53 AM
 #8

Yes, if it is given as airdrops because most of these Meme coins are now traps, pumped by big accounts and suck in retailers through FOMO and when you got in, they dumped on you. I won't touch any of them unless I have a small amount I can afford to lose which I don't have presently. I give most of them 3 months they will be dead coins

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May 14, 2023, 04:08:48 PM
 #9

I don't really like meme coins, because almost all meme coins are just temporary hype, especially the meme coins that have recently appeared, the main reason is because of the lack of utility in the meme coins

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May 14, 2023, 04:53:57 PM
 #10

Back in 2017 i don't know what is memecoin but i know about dogecoin. a crypto i used to send crypto to another exchange.
And now lots of memecoins are being created every day, going up and down and then mostly dying.
I don't know why they love memecoin
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May 14, 2023, 06:12:30 PM
 #11

Back in 2017 i don't know what is memecoin but i know about dogecoin. a crypto i used to send crypto to another exchange.
Honestly, I don't know why Dogecoin has still remained undervalued to this point and day. Why aren't people using it for payment when they've its option for payment. On the few occasions I had transacted using it, it was stress free and transaction speed was great. Look at what those of us utilizing Bitcoin for transaction have been passing through over a week now, with so many transactions still pending. This delayed transactions aren't doing Bitcoin advocacy any good at all. It will discourage many from investing in it if it continues.

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May 14, 2023, 06:37:57 PM
 #12

Yes because meme coin make short time hype which is the best profits chance we have. But you may know which project background something good then you can buy. You can buy meme coin with spend small money but there has good profits chance if it will make crazy market investors. Many investors Won't buy meme coin because of reason 90% scam.

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May 14, 2023, 06:45:06 PM
 #13

No, I don't like the coin meme because it doesn't have any practicality; it looks like a shitcoin. But making money is still making money, and meme coins can bring a pretty big amount of money if you know how to choose those coins right from the start. However, it is not easy because there are so many coin memes in the cryptocurrency market, and choosing a few potential coins is really difficult.

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mbakruroh
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May 14, 2023, 07:15:53 PM
 #14

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.
Every day dozens of token memes appear, maybe you can check the list of new coins on Coinmarketcap. Of the hundreds of tokens on the list, of course, they have the potential to reach high prices. But don't do it for the long term, because these kind of tokens will disappear from circulation. I often try to buy it, but it rarely returns my investment, meaning the value of the token goes to zero in no time.



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sunsilk
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May 14, 2023, 07:23:43 PM
 #15

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.
Honestly, if I'll be serious. I don't like them because many misguided folks are going into it.

The trend of meme coins have been there and it's like an unstoppable era. But, I believe that a time will come and it's going to be stopped soon. If you're good at spotting at these meme coins and you're making that much, you know what to do.

However, if you don't know how to enter correctly on these meme coins and you're just also brought up by the hype. Then, it's likely that you'll lose money from most of them.

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May 14, 2023, 07:25:53 PM
 #16

I made timely investments and after there was no return on meme tokens, I stopped doing it anymore. Since they are very popular in the market, I have to follow them, if I find a gem meme token early, I will try my luck. They don't seem very appealing to me. I am also angry with myself for missing dogecoin opportunities in time. These opportunities appeared a few times, but the timing was always bad.

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May 14, 2023, 08:14:55 PM
 #17

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.
What i like about meme coins is the fact that they are not pretending to be anything else but i don't see them giving profits just because they are meme coins. They have often huge gains becausee they start from very low marketcap as they don't have big presales/icos. So they have easy room to grow 10000% and more with the right circumstances. It's unusual but it happens from time to time.

However chasing them with a big investment is stupid as you never know what takes off and what's going to be another rug. As 99.9% of them will be garbage. Finding a gem from there and being in right time at the right place is like winning lottery. It's nearly impossible to pull off and you can count your blessings if you happen to be lucky enough to get in early.

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May 14, 2023, 10:49:28 PM
 #18

I would not even prefer to call that putting money in meme coin as investment but it's gambling to the token. So many people were just putting their money caused by meme coin sometimes was able giving you very big return. I do like that.
That's why i have always spend some hundreds bucks to buy meme coin when it's not yet going to the moon.

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May 14, 2023, 11:20:34 PM
 #19

Meme coins are the same as discarded coins, going up and down is also not very clear. get rich quick and speed you up to become a bum hahaha. Just the name is already a meme coin right?
My advice is don't follow too much whatever the name of the meme coin is. I'm tired
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May 14, 2023, 11:38:27 PM
 #20

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?

Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

but you have to be active in finding the right meme coins to invest with so many meme coins right now and much more coming it's hard to keep up and there's a possibility the trend could end anytime, so you have a big bulk of your portfolio comprises of meme coin then suddenly the support vanish and you are left with a big loss, this happens to me when I concentrated my investment on PVP coins, I compiled a lot and eventually lose because these trends cannot keep up in the market.

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