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Author Topic: Do you like Meme Coins ?  (Read 570 times)
bitgolden
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May 19, 2023, 07:48:59 PM
 #61

I think he doesn't have any meme coins in the past since he doesn't like it that much. Meme coins are just being given away before as far as I remember it's on year 2016 where I received my first DOGE that is given to me. DOGE that day is serving it's purpose as a tipster coin that is just being given away because of it's low value and high supply but today DOGE are for keepers and ELON really change up the game. I just regret it before that the DOGE I received as a tip before on a certain exchange (I forgot the exchange name) where close now due to bankruptcy and I didn't even had the chance to withdraw those doge from that exchange. It's a sad ending for my DOGE back then but yeah I didn't spend any money from acquiring that.
It was and even today it is because it has a small transaction fee and a coin, not a token that is why it was such an important thing. At some point in the past people lost how to build coins for some reason, it was so easy, doge was built in a day as a joke and people now love it for some reason, well not for some reason, that is mainly because Elon tweeted about it and people jumped on it like crazy, which is a terrible reason to buy a project, I would definitely not consider that as a good reason to buy a coin, but at least it's a coin, most others are tokens and that's a lot worse, why not be a coin instead of a token?

In the end, I bet that all these meme projects will go to zero in the future, not today or tomorrow, but within many years they will be all gone.

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May 19, 2023, 08:44:33 PM
 #62

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.

if I had money to throw maybe I would try to buy some memes, however my situation does not allow it, I prefer safer projects maybe a smaller profit but not too risky for my wallet
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May 19, 2023, 08:56:52 PM
 #63

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.
I degen every now and again for laughs, never really seeing it as a profitable venture or whatnot, so I held a couple of meme tokens in the past, even obscure ones that didn't really made it out of the mainstream, or had founders and devs that pulled the rug on their project at the first sight of a net profit. So yeah, I love memecoins for the sake of memes, not really seeing it as a means to profit even though they're literally the penny stocks of the cryptocurrency industry, just a tad better because there's real money that can be made by the bottomlines and the latecomers. I've put a couple on PEPE a little late after I saw someone profit immensely from their 27 bucks investment, and that's about it for me thus far.
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May 19, 2023, 09:20:58 PM
 #64

I think he doesn't have any meme coins in the past since he doesn't like it that much. Meme coins are just being given away before as far as I remember it's on year 2016 where I received my first DOGE that is given to me. DOGE that day is serving it's purpose as a tipster coin that is just being given away because of it's low value and high supply but today DOGE are for keepers and ELON really change up the game. I just regret it before that the DOGE I received as a tip before on a certain exchange (I forgot the exchange name) where close now due to bankruptcy and I didn't even had the chance to withdraw those doge from that exchange. It's a sad ending for my DOGE back then but yeah I didn't spend any money from acquiring that.
It was and even today it is because it has a small transaction fee and a coin, not a token that is why it was such an important thing. At some point in the past people lost how to build coins for some reason, it was so easy, doge was built in a day as a joke and people now love it for some reason, well not for some reason, that is mainly because Elon tweeted about it and people jumped on it like crazy, which is a terrible reason to buy a project, I would definitely not consider that as a good reason to buy a coin, but at least it's a coin, most others are tokens and that's a lot worse, why not be a coin instead of a token?

In the end, I bet that all these meme projects will go to zero in the future, not today or tomorrow, but within many years they will be all gone.
99% of them would die and 1% would be able to succeed considering that it is really just that easy to create a coin nowadays and most of them would really be on Binance chain and you could
really see into those dex before they would really be shooting up in regarding into their marketcaps which if you do love to gamble then it wont really be that a bad idea on doing so because
if you do really just know on how to get in early and able to get out when there's some pump then x2 or even more would really be that considerable, but if you are that someone
who doesnt really like to take up some risks then it would really be your choice to make.

I have already some decent time on engaging with meme coins and actually its really that a meme coin season as of this moment where shit projects do make out some pumps.
Wondering on when it would be over and there would be some switch up to altcoin season but well now its just still have some significant interest on meme's now.

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May 19, 2023, 09:29:14 PM
 #65

These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?
Definitely yes if there’s a hype because this is the only way to make profit with them, and after that you should just dispose it and wait for the next trend.

Meme tokens are seasonal, you can make a lot of money with them if you are able to ride with the hype, expect as well that most of the meme tokens will die eventually. Only like them if I make profit, but if its already late to accumulate, better to avoid it.

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May 19, 2023, 09:37:46 PM
 #66

Exactly NO.
I was once trapped in the Shiba Inu coin meme that time. And this really provides a very valuable lesson for myself to be more careful and not believe anymore in meme coins or hype coins that appear, unless I really understand the right time to buy and then take profits. This requires extraordinary effort and of course high risks. so I chose not to be interested anymore in meme coins or the like.

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May 19, 2023, 10:36:57 PM
Merited by The Sceptical Chymist (3)
 #67

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.
Hype = profit I agree, but at the same time, Hype = losses for most people.

Just imagine how many are getting profit in investing into meme coins compare to how many are losing investing from it. TBH, I don't like meme coins because they don't have any use case at all. Even DOGE which has been there for a very long time doesn't have any use case at all aside from the fact that they've been using it for transferring funds because of low transaction fees, and it's transaction speed.

Do I like investing in MEME coins? The risk is too much for me, so I don't like investing into it. I already tried investing into a meme coin one time back when it was being hyped. Tried throwing 20$ on SAFEMOON, and after few weeks of holding it, I ended up losing my money. If I will invest into memecoins again, it would only be DOGE. Still, I don't see memecoins as a medium to long term hold. Well, I know that meme coins is hyped right now, and hype = money. I guess good luck for those who will try their luck in investing into these shitcoins, but as for me, I will not invest into it.

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May 19, 2023, 10:46:23 PM
 #68

meme coin is fine only you got the chance to invest early, even a slight late in investment will become a disaster of an investment.
you just don't wanna become exit liquidity for the earlier meme coin investors if you invested late.

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May 20, 2023, 12:03:50 AM
 #69

I don't really like meme coins, I prefer long term investment with lower risk. like you said meme coins have no utility and prices can go up just because of the hype, besides meme coins can also provide huge returns in a short period of time. everything you said is true, therefore meme coin is not suitable for long term investment. Besides that, large returns can also cause big losses because besides prices can rise quickly prices can also fall quickly.

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May 20, 2023, 06:47:17 AM
 #70

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.

I don't like risk especially meme coins and if there is a good one I will do my own analysis at least check the performance of the smart contract like the link sent by @tokeweed https://bitcointalk.org/index.php?topic=5452944.0 and I think this enough to help friends here before making a decision to invest in meme coins/tokens.

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May 20, 2023, 07:07:26 AM
 #71

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.
Well, I can't say that I don't like investing in meme coin, however, I think if investing for $10 to $20, then I think it's ok. i've done that a few times.
We need to realize that investing in meme coins is a very risky thing, and some people say that investing in meme coins will risk losing all your money. however, we also know that the price increase potential is really good, and can even be many times over. So, I feel that $10 to $20 is a good value, or even under $100 if you have a lot of cash. If you like it, then use the money you are willing to lose.

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May 20, 2023, 11:11:32 AM
 #72

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.
I don't like meme coin because it is no use case and it is very risky, it is so hard to earn with this coin and it needs focus, i rather buy coins that high at price but has a use case and a good team behind it good for long term investment and a proven and tested coin one example of the good coin is BNB.


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May 20, 2023, 02:59:42 PM
 #73

Meme coin's trending in the cryptocurrency market is because of the short period of time price increase that gives many early investors profits, while waiting for next Bull run, therefore many people like meme Coin as well and that reason why is trending in the crypto market.

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May 20, 2023, 03:18:32 PM
 #74

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.
I don't like meme coin because it is no use case and it is very risky, it is so hard to earn with this coin and it needs focus, i rather buy coins that high at price but has a use case and a good team behind it good for long term investment and a proven and tested coin one example of the good coin is BNB.
You have certainly taken the good decision in your direction. If you invest in meme coins you will have to wait a long time and there is also doubt about when it will bullish again because not all meme coins are good. There are some meme coins that once holds high prices at one stage, but they can recover. Currently a lot of meme coins have been produced in the market, so before investing, you must invest in well research. Otherwise more likely to lose. However, if anyone wants to invest in meme coins, then top one should be selected.

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May 20, 2023, 03:38:29 PM
 #75

Yes, I like meme coins. Most famous memecoins are Pepe, Doge and Shibu Inu. These meme coins are very popular and have posted stratospheric returns with a short period of time. These are not suitable for long term I guess, and it is supported by exchange like PancakeSwap.

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May 20, 2023, 03:59:37 PM
 #76

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.
I think he doesn't have any meme coins in the past since he doesn't like it that much. Meme coins are just being given away before as far as I remember it's on year 2016 where I received my first DOGE that is given to me. DOGE that day is serving it's purpose as a tipster coin that is just being given away because of it's low value and high supply but today DOGE are for keepers and ELON really change up the game. I just regret it before that the DOGE I received as a tip before on a certain exchange (I forgot the exchange name) where close now due to bankruptcy and I didn't even had the chance to withdraw those doge from that exchange. It's a sad ending for my DOGE back then but yeah I didn't spend any money from acquiring that.
That's how I just see it I guess, but these days Doge is like being used in Casinos. Curious to how many Doge you got though. I fully understand if ya can't disclose though as I am just legitimately curious to how many coins were given away that year. I can even recall some jokes about Bitcoin being like a consolation prize back in the days and that's a more than 1 BTC.


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.

Everyone has a different views for meme token. Maybe for some people, memes are not worth to invest and there are those who choose not to invest without giving any judgment. I'm not against the existence of the token meme, and to be honest I'm still willing to take any chances to buy again when I have some extra cash to spare. Even though meme tokens just for fun, there are many meme tokenss that are not just memes, but in the end they have their own utility to maintain their existence. Examples of safemoon with the wallet, shib with the game and another services, catecoin with the wallet and other service, many other examples that can be found from just meme tokens to utility tokens.
Well surely it would be okay if you indeed have an extra cash, but I read a lot of stories of a madman investing his savings to Shib back in the days. Quite lucky that Elon Musk was like a hot topic that day still so Shib kinda was worth it during that year.
About the utility stuff, I believe Doge is being used in some Casinos just like I previously mentioned? Correct me if I am wrong. So with that, some meme coins still have utility, but the others? Nah. I didn't even expect meme coins to be like a "hot" topic in the crypto space.
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May 20, 2023, 07:38:58 PM
 #77

Memecoins are a good investment if you'd be on the right time to invest such as with happened recently when PEPE and FLOKI were listed, the market price increased more than 1000% which gave profit to early investors. Same thing happened before with DOGE and SHIB. Does it make them a good coin because of such instances? Yes and No. Yes if you'd be able to buy early and No if it is on long term investment. Memecoins has no utility to sustain its market value for a long period of time. Its value is simply dependent with demand alone which makes sense to say that it will never be constant. Things would be only good if you's be able to invest at the right time.

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May 21, 2023, 03:52:44 AM
 #78

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.
I am afraid to invest in this type of coin, it is a short term investment and if you are lucky you will earn on it but if you are unlucky you will loss on it, i only put small amount of money on this kind of coin if ever i loss only small losses that i can easily stand back, making money is not that easy specially when it comes to investing or trading in crypto, so i expect loss already i never count my investment, invest and forget and after a year take a look at the results.

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May 21, 2023, 05:02:14 AM
 #79

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.

I agree with you that Meme Token is a big trend nowadays but I am personally not a fan of investing in Meme Token. The main reason for this is that there is no future for these tokens, only for the time being, whoever earns them is lucky. In buying and selling these tokens, some people earn profit, but there are many people who lose a lot in these tokens. Those who purchase at the initial price earn a good profit, but those who come later do not get any substantial profit.

You cannot hold meme tokens for long periods of time. Just as they can give huge profits to people, they can also cause huge losses. If someone wants to invest in such tokens, he can try his luck here with a small amount. Investing too much in meme token should be avoided

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May 21, 2023, 10:12:18 AM
 #80

Currently, meme coin has received a lot of response in people's minds. It's hard to find people who don't like meme coins among those who think about meme coins. But not all meme coins are good. If you want to invest in meme coin. Then I think Pepe, Doge and Shibu Inu are the best for you to choose. Now Doge is in circulation in various casinos as well. It is rare for all these meme coins to hold high value and recover again. Still I think you should seriously consider investing in meme coin. I am hopeful that Meme Coin will be able to gain more influence in the future. To be honest, I also like Meme Coin a lot

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