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Author Topic: Do not be pulled by the hype of meme coins  (Read 1124 times)
mdzahed134
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June 26, 2023, 07:02:01 PM
 #141

Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.

You are right. Memecoin are just too risky to invest in, especially if you are a beginner. But you can make a whole lot of money if you're lucky to invest early. Also, you can lose all your investment just within seconds. So, it's a big gamble.
There are no differences between gambling & to invest in Meme Coin, because both of involved with high risks even you may lose everything, so don’t put large amount of money in such coins. Because it’s pretty rare to profit with meme coins investment, yeah that's right early investors can get profit in short time.

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June 28, 2023, 07:37:42 PM
 #142

Only a novice will fall for the schemes of some of these people promoting these meme coin. They are paid to do this just to lure people into investing in it.
The crypto world in general is very risky, but investing in meme coin is what you will need to sit down and think hard about before jumping into it.
With little experience I think investing in meme coins is too risky,
it's the right option and better invest top coins like Bitcoin or Ethereum it's much safer,
Beginners need to learn from other people's experiences.

You are right. Memecoin are just too risky to invest in, especially if you are a beginner. But you can make a whole lot of money if you're lucky to invest early. Also, you can lose all your investment just within seconds. So, it's a big gamble.
There are no differences between gambling & to invest in Meme Coin, because both of involved with high risks even you may lose everything, so don’t put large amount of money in such coins. Because it’s pretty rare to profit with meme coins investment, yeah that's right early investors can get profit in short time.

Yeah, investing in memecoin is a very big gamble, but sometimes early investors can indeed make something tangible from investment. But generally, it's a big gamble.

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June 29, 2023, 12:05:19 AM
 #143

That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.
Meme coin never become the best in the world. It's all bullshit to call it as the best in the world. bitcoin will always become the best in the world and this is the fact. meme coin is always become a place for people to gamble their money and that's it. I don't even think meme coin is worthy enough to make money for long term.

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June 29, 2023, 09:27:27 AM
 #144

I bought PEPE & MONG close to their highs, I’m currently way underwater on them but it is what it is, you have to take a chance sometimes. I’ve said before I’ll just hodl them, will sell if they moon in the next moon shot. I woupd never put more than $1000 into these type of coins but sometimes it’s worth a shot.

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lunnatic
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June 29, 2023, 10:05:49 AM
 #145

That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.
Meme coin never become the best in the world. It's all bullshit to call it as the best in the world. bitcoin will always become the best in the world and this is the fact. meme coin is always become a place for people to gamble their money and that's it. I don't even think meme coin is worthy enough to make money for long term.
It would be very strange to me if someone thought it would be profitable to invest in meme coins in the long term,
there are many other coins that are really worth it,
obviously don't expect more from meme coins.



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June 29, 2023, 10:37:18 AM
 #146

It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

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June 29, 2023, 11:06:50 AM
 #147

It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
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June 29, 2023, 12:51:48 PM
 #148

Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
Kelvinid
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June 29, 2023, 01:30:01 PM
 #149

Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
The best thing to do is to only invest in meme coins that are already hyped. As they are not destined for long-term investment that is why you should have to sell them once you gain some profits. This is a good spot for short-term traders/investors, we can say it was easy money which encourage people to buy them but yes, the risk is too high and so we need to be smart and keep updated on the situation otherwise, you will lose your money. But if you wanted to play it safe, Bitcoin investment should be our choice.

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Psynthax
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June 29, 2023, 01:55:50 PM
 #150

It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
thats the reality, many think it's easy to get profit in meme coin meanwhile its indeed easy for the whales but for late investors, it definitely not gonna be easy considering the fact the market is heavily manipulated.

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June 29, 2023, 03:02:04 PM
 #151

Just being an avid viewer, it would be a waste of time to plunge into the sea of ​​hype that goes with meme coins. don't expect the hype to last long, the price will definitely drop when it's all over, there are bad parties who take advantage of this situation to commit fraud by creating new coin memes so that many investor victims are caught in their nets

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June 29, 2023, 03:07:46 PM
 #152

Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
I don't think it's an investment, just look at how people fomo (and me), don't care too much about what value it will bring, simply profit, I joke with my friends that it is buy a lottery, and it seems that in a thousand memes there will be a name in the market that will bring attention. But keep in mind the fact that it has never been a way to invest sustainably, it's all about being quick to catch crowd psychology and what's happening in the market context at that time, sometimes just a matter of time. The trendy name also attracted the attention of the crowd, as dogecoin and shiba did, the hype of some influential figures as well as the overwhelming response.
The fact that the meme is so much more of a risk than a success, think about the number of people who have ever made big profits compared to the number of people who have lost big because of this.
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June 29, 2023, 04:23:52 PM
 #153

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.

As long as there will always be speculators in the market and these speculators will always be hlping meme coin to survive. The hype of meme coin can come anytime. Many people thought that if the hype already ended but new meme coin called L based on ether blockchain got very big daily trade volume as it's recently traded in uniswap. That proves if the hype has gone was not true.

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June 29, 2023, 05:00:41 PM
 #154

That is exactly how markets work. Its all hype. A coin might be the best in the world, but one bad news and it will dive straight to hell. Atleast for meme coins people accept the risk that they could lose all their money, so everyone puts a small amount they can afford to lose and the hype doesn't die.

As you describe, this is also bound by a lack of underlying value which can make Meme Coins very unstable and vulnerable to sudden market corrections, as they lack stability that comes from solid fundamentals. But, you know what some people say, smart traders are those who know how to take advantage of market situations. Sometimes they see the hype as the driving force behind their investment decisions even though they themselves never know when the hype train will collapse.

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June 29, 2023, 05:04:11 PM
 #155

You make some good points about the dangers of meme coins. They are not like Bitcoin or other cryptocurrencies that have real value and utility. They are just based on memes and popularity, which can change overnight. Lovehateinu is a case in point of how a meme coin can fail to deliver on its promises.

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June 29, 2023, 10:00:00 PM
 #156

It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.

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June 29, 2023, 10:13:34 PM
 #157

It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.
Lots of rug pulls
Lots of shit projects
Lots of no utility coins
Lots of promises
Lots of hype
Lots of lies

You would definitely be encountering these things on the time that you would really be touching up meme coin investments.
Getting yourself get hyped will really be might leading into those impulsive decisions which if you do see up some interest but didnt make out
your common dyor on things then you are really that putting yourself into huge trouble which is something that we should really need to avoid
in the first place.

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June 29, 2023, 11:48:20 PM
 #158

It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.
rarely i see meme coin that promise big profits initially though so many of meme coins i've seen always try to get these newbies into getting fomo'd by manipulating the prices and make illusion of price rising several hundred folds in order to make many people out there gets fear of missing out the chance of flipping their money multiple times.
I think thats usually the way these meme coins could be getting all those newbies money into their meme coins so the devs can exit since they are the ones that either owned or bagging their coins at very initial listing so they easily make massive profits from just that alone.

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June 30, 2023, 04:38:48 AM
 #159

It is very often happen. And be careful of this kind of those hype coins. They are scammer most of them. They always make moreover newbies interested on the hype coins, moreover meme coins by promising the very big profits to gain like what happen to other meme coins, especially Doge . They always ensure newbies that their coins are worthy to invest. But in fact, they say bullshit. They create the hype and make it as the ways to pull victims money.
What is of course the attraction is that scammers promise big profits so that greedy people and beginners become victims,
they should learn from the experiences of others,
what is clear is never easily tempted by that kind of thing.

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June 30, 2023, 08:20:13 AM
 #160

It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.
You're right, the hype meme phenomenon continues and attracts the interest of many people. Some people are tempted to engage in meme coin speculation in hopes of making a quick profit. Many people do not have a proper understanding of the market and the assets they are buying, and as a result they often experience financial losses.

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