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Author Topic: Before investing on meme coin or shitcoins consider this.  (Read 1075 times)
JeffBrad12
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July 15, 2023, 11:45:08 PM
 #161

It is true that many meme coins or shitcoins are created for the short term and may not serve a long term purpose. Many developers involved in such projects may intend to make a quick profit and leave the project. Therefore, it is important that we do careful research on the project before investing, and understand the long term goals of the coin.

long term investment should be out of the question honestly with these meme coin, we all know that even those that invests are basically just got swallowed by greed and get rich quick scheme.
you could always know that when people are investing out of the fact that they wanna get rich quick, it'd be massive disaster in the long term.
only if you could at least become among the early birds then it's worth it to invest otherwise it's not gonna give that much returns to you.
alas so many don't understand this and the victims of these meme coins in general always increase.

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August 02, 2023, 05:41:36 PM
 #162

There are only two or three memecoins, which are established well and going on as trustworthy altcoins. And rest of memecoins are shitcoin and thats known to everyone. But high expectations makes people blind and they invest with memecoin as well as shitcoins without think of the consequence. And many have been go below with their Capital, for this reason. But i dont agree with all of your points. Point 2, Every project make promises, so based on promise you can't find out the shitcoin. Point 4 is fair but in this forum most of people are helpful and they suggest only top potential coins.

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August 03, 2023, 06:16:35 AM
 #163

Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.

1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.

4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.

5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.


You have made a lot of sense in all you have written but this three points are where I want to contribute to, shit coin are increasing because scammers know investors are looking for quick ways to make profits and they won't be patience to wait on legit project to grow and give them profits that's why investors are looking for the quickest way to make profits through shitcoin.
Memecoins shoudn't be invested in for long term because they get pumped and dumped therefore after a pump in any meme coin that you have invested in, you should sell your coins and wait for the market to dump before you buy them again or move on from the investment as there's no certainty that the tokens will give you more profit because they can dump and not pump again.
It's okay to be optimistic about your investment but don't think that because people are saying a project is going to do well that It'll do just that, nobody knows which coin will do very well in the bull market. They're only guessing and their guess is just as good as yours. Investing in memecoin and getting profit is just luck, also secured your profits and wait for the market to correct.

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August 03, 2023, 06:43:57 AM
 #164

There are only two or three memecoins, which are established well and going on as trustworthy altcoins. And rest of memecoins are shitcoin and thats known to everyone. But high expectations makes people blind and they invest with memecoin as well as shitcoins without think of the consequence. And many have been go below with their Capital, for this reason. But i dont agree with all of your points. Point 2, Every project make promises, so based on promise you can't find out the shitcoin. Point 4 is fair but in this forum most of people are helpful and they suggest only top potential coins.
Not a single memecoin is trustworthy, because these are useless altcoins from which there is no practical use, and the cost of these coins is extremely inflated due to hype, news and rumors. The fact is that faith in these memecoins is based only on the basis of price speculation: they want to buy cheaper in order to sell more expensive as soon as the fools start buying it en masse. These are the consequences that people blinded by greed think about. Of course, there is not enough money for everyone, and therefore, whoever enters the game later gets a loss. Memecoins are more like pyramids in nature.

About points.
4. People are ready to help with advice, but the nuance is that there are many different points of view and try to understand which of the tips will turn out to be true. In general, people can be trivially wrong at times, therefore, relying 100% on the voiced promising coins is not at all an option.

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August 03, 2023, 06:48:55 PM
 #165

People has craze about.memecoin. after seeing sudden pump, people thought it will pump more and thats why they invest temporary. Some can sell with low profit and some People stuck with that when memecoin stop pumping after they bought. But i think, nobody want to invest with shitcoin! I mean if you know a altcoin will be shitcoin and that Won't be profitable then why you investment? But some Crazy people invest and waiting for bull run and expecting heavy return. That madness. Thats why i always recommed to go with valuable coins

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