Do you like Meme Coins ?

[Vaskiy]

People who had made good fortune out of memecoin likes it much more than the common cryptocurrency users. I'm not much into memecoin, but I prefer having specific memecoin for what it have delivered in the past. As stated memecoins were short term investment, if not we should've invested what we can afford to loss.

In recent days once again memecoin discussion have reached the cryptocurrency trend. Someone can be seen lucky and we should understand the risk in it and progress. Major thing required with memecoin investment is luck.

[fvb]

I don't like these coins. I think they are of no use and it is better to invest in other tokens. For example, those that have their own blockchain

[Xal0lex]

Memcoins is a scam. Sluggish scam, because sooner or later the coin will die, because it has no utility, and a hype never lasts forever. Memcoins are good for the earnings of their creators, are there many people who have made a lot of money from memcoins? For example I know enough people who lost money on them. Memcoins are such a phenomenon of the crypto industry, created in a couple of minutes, and can raise a billion dollars in capitalization in less than a month. Fantastic. For short-term speculation, it's a viable tool, but I don't recommend anyone to hold them in the long term.

[bozkytoken]

Memecoins are like casino - they are fun and risky.
But why is everybody calling them memecoins when they are obviously memetokens?

[yazher]

Meme coins are something you don't want to invest in if you are looking for some project that has a bright future because of their ongoing significant development and updates. Therefore, they are suitable only for short-term investment which is quite good if you know what you are doing, and importantly you need to consider not going beyond your budget threshold when it comes to your capital. invest only what you can afford to lose because if you happened to invest in the midst of the hype, there's a tendency that you might not get back the same amount of your capital once the price will start to fall because the hype is no longer there.

[Yogee]

[....] 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.

It's a fact.

It's not about liking but it's whether you're willing to play with it and risk your money or not. Some lucky risk takers definitely loves it when their early gamble on meme tokens finally pays off. Exchanges are also loving them since they can generate high transaction volumes. I read that Binance is considering listing of Ordinals.

I personally won't take them seriously but don't mind spending a $100 on a "lottery ticket" once in a while.

[QueenVera]

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.

You don't have to like a project to invest in it and profit. I didn't like Solana when it came out but that didn't stop me from investing as I knew it'll get hype and get lots of support from the big players in the market. I wasn't wrong and I made good profit from Solana.
Memecoins are good for investment but you have to be extremely careful even more than your investing in the normal altcoins that have good product. Memecoins should be invested in with very little money so if the coin doesn't get the recognition it needs to grow you won't lose.
Not every memecoin is good for purchase as some are just scams from the begining and not planning on doing anything to the developments of the project. Why Shiba and doge gained recognition is because the developers are always working on the project.

[Pierre 2]

I pretty much dislike to invest in memecoins because I see no purpose. What is main purpose of investing in them really? They don't help you get profits. Using them has no purpose other than low fees (Doge). There are probably very low amount of people that would take meme coins as meaningful alternative to fiat money in trading. It feels like meme coins just exist to speculate on and make money quickly.

[Ziskinberg]

Meme coins are something you don't want to invest in if you are looking for some project that has a bright future because of their ongoing significant development and updates. Therefore, they are suitable only for short-term investment which is quite good if you know what you are doing, and importantly you need to consider not going beyond your budget threshold when it comes to your capital. invest only what you can afford to lose because if you happened to invest in the midst of the hype, there's a tendency that you might not get back the same amount of your capital once the price will start to fall because the hype is no longer there.

And I don't advise this to newbies and those who have no experience in the market as this will only cause them to lose their money instantly.
But if we already have ideas on how these hype projects work, putting some money into them gives more profit as well. But just make sure that we have to sell them during their peak as drops can also be instant. In fact, many have been in regret from doing this like Doge and Shiba Inu, they hold thinking that it will grow more. Unfortunately, these coins are not meant for long-term holding, indeed for short-term deals only.

[abel1337]

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.

Meme coins becomes prominent this season knowing there's a possible that people can get a crazy profits on having one. I personally don't have one because I see it as a very risky investment because of it's nature where there are no really utility on it. So many people got a massive profits in having meme coins but there are people who also at a lost after entering when it is at it's peak. We hear crazy stories nowadays about meme coins and this fuels up the hype. I just don't see myself on buying or owning one unless it's given for free. After the happy stories of meme coins, Expect sad stories of people who lost money on investing in it.

[killerfrost]

I neither like nor hate it, I am neutral to memecoins because I have also made a lot of profit with dogecoin or shibainu so I can understand the fomo feeling of many people. But unfortunately in my mind so far and even in the future I do not think it is an investment, it is simply a matter of chance and profit, so I do not put too much hope, and it is far away compared to what I call investing in the crypto market.

[riskarcher]

If Dogecoin (DOGE) i love it but other meme coin, i can say i don't like that. Due to meme coin they have circle like hell and also Volatility and Speculation Meme coins are often characterized by high volatility and speculative trading. They can experience rapid price fluctuations driven by social media hype, celebrity endorsements, or online communities. The unpredictable nature of meme coins can present both opportunities for significant gains and risks of substantial losses. Lack of Fundamental Value Meme coins often lack a strong underlying value proposition or utility beyond their meme status. Unlike cryptocurrencies that offer innovative technology, real-world use cases, or established ecosystems, meme coins primarily rely on social sentiment and popularity. This can make their long-term sustainability and value uncertain.

[Halime Anatolia]

Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.

You are right @noormcs5 Investing in Meme Coins can be like the meme itself, funny and risky but the question is Why are crypto memes so hot all the time? Because they have a lot of "fans" who are always "spinning" but we are all here, whoever that person is. to be more mathematical, be careful with the roller custer, it can go up very high and if it crashes it will fall and exit the market. I think stay smart in making any investment decision. That's what I instilled in myself now.

[Kelvinid]

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.

They are trending because our attention has been focused on their situation but after all, these people are not investing (that includes me). Well, I'm going to be honest with myself that meme coins are really tempting, and if I am a greedy person I should take this also. In fact, some short-term investors are taking the hype and benefiting but if we are long-term investors, I don't think we will take the bait knowing that these coins really don't have the potential to grow, instead giving us losses.

[Wexnident]

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.

No not really. I have recently been acknowledging that you can easily make a really quick buck if you're lucky enough. Doesn't really make me like it at all though, if anything it made me dislike it more.

The news showcase booming meme coins but it never really showed how many meme coins are out there that never made the cut. Though minimal investment can go a long way if you get lucky, it isn't really my type to look for it like that, which is why I went to DCAing all of my coins.

[masulum]

They are trending because our attention has been focused on their situation but after all, these people are not investing (that includes me). Well, I'm going to be honest with myself that meme coins are really tempting, and if I am a greedy person I should take this also. In fact, some short-term investors are taking the hype and benefiting but if we are long-term investors, I don't think we will take the bait knowing that these coins really don't have the potential to grow, instead giving us losses.

2021 I often buy meme tokens on the BSC network, and you are right, not all meme tokens can be held for the long term. It's better if we have meme tokens to sell if we are feeling that the price has reached a peak. However, back then I mostly bought meme tokens under $10 if it was a new token, if it had been around for a few months I tried more but below $50. For now I am no longer active on token memes, but it seems the market is still happy with the meme token hype.

[Doan9269]

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

Apparently yes, because there's potential in them to make money provided that one has the understanding of how to run and manage everything concerning altcoins, this has to do with being experienced in it, talking the bold step for risk and making an investment on the desirable coin and that will last long unlike the ones that dies along the way like flame fading away, some investors have made pretty cool money in the past but now we have only few once that are true and genuine projects.

quote author=noormcs5 link=topic=5452658.msg62241372#msg62241372 date=1684043777]
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.
[/quote]

The higher their hype the higher the risk, they can fall at any time without prior notice to the least bearable amount, one must be very conscious of the investment and not to take too much time before selling once they realize some earnings through it.

[Taskford]

They are trending because our attention has been focused on their situation but after all, these people are not investing (that includes me). Well, I'm going to be honest with myself that meme coins are really tempting, and if I am a greedy person I should take this also. In fact, some short-term investors are taking the hype and benefiting but if we are long-term investors, I don't think we will take the bait knowing that these coins really don't have the potential to grow, instead giving us losses.

2021 I often buy meme tokens on the BSC network, and you are right, not all meme tokens can be held for the long term. It's better if we have meme tokens to sell if we are feeling that the price has reached a peak. However, back then I mostly bought meme tokens under $10 if it was a new token, if it had been around for a few months I tried more but below $50. For now I am no longer active on token memes, but it seems the market is still happy with the meme token hype.

Its important to know that this meme coin exist for short term so investors should not hold it because for sure it will end up being dump by its dev. If we see some meme coin pump hard then maybe we should not expect the same on the token we buy and settle when profit is already popping up so that we will not regret anything when price dump badly. We just need to think that profit still profit then move to the next project since normally this is how we should deal with those meme shitcoins.

[rybako]

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.

You can invest small amount in these coins but not a big amount.

[isaac_clarke22]

People who had made good fortune out of memecoin likes it much more than the common cryptocurrency users. I'm not much into memecoin, but I prefer having specific memecoin for what it have delivered in the past. As stated memecoins were short term investment, if not we should've invested what we can afford to loss.

In recent days once again memecoin discussion have reached the cryptocurrency trend. Someone can be seen lucky and we should understand the risk in it and progress. Major thing required with memecoin investment is luck.

Really? I mean I see it as a short-term fortune more than just the long-term fortune. I am curious on what meme coin/s were in your portfolio in the past? I suppose it would be Doge Coin due to its popularity back in the days and they're even being used in casino I believe?

Meme coins became even more trending when Musk shilled the crap out of Shiba and Doge and now people are talking about them quite often. It's not really that much of a topic back then and in fact, I might not have read the word "meme coin" back in 2017 and 2018 here in the forum.

2021 I often buy meme tokens on the BSC network, and you are right, not all meme tokens can be held for the long term. It's better if we have meme tokens to sell if we are feeling that the price has reached a peak. However, back then I mostly bought meme tokens under $10 if it was a new token, if it had been around for a few months I tried more but below $50. For now I am no longer active on token memes, but it seems the market is still happy with the meme token hype.

All meme tokens seems to be not really for the long-term. It's called meme for a reason and memes in the internet just gets buried out by time since they're only for temporary entertainment for people browsing in social medial.
Good thing I did not invest to those coin.