Do not be pulled by the hype of meme coins

[kapalmabur]

I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

your steps are very good and I support that because indeed investing in memecoin can only be a disaster,
even in my opinion those who really get profit from there are people who gamble, because indeed 90% of memecoin doesn't mean anything,
I prefer altcoins which are true have products like Play To Earn, NFT, Metaverse or Web3.

[1714258812]

1714258812

[1714258812]

1714258812

[1714258812]

1714258812

[1714258812]

1714258812

[waONE]

I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

your way of not following memecoin is correct, I have also done that since 2020 until now I have never bought any memecoin and hold this memecoin,
because I saw some of my friends experience rugpull on memecoin and I learned from there that memecoin that is currently hype should not touched.

[mich]

Well yes there is many meme coins just that are hype. But there is big news for $Floki they have just become strategic partners with Binance pay.
This will affect billions of users world wide who has access to the exchange. I think this is very 'bullish' news for $Floki holders to be partners with biggest crypto exchange in the world.
https://www.tekedia.com/floki-announces-strategic-partnership-with-binance-pay/

[awik p]

At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it

[Victorik]

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.

[lunnatic]

The hype of the meme coin is indeed very extraordinary and can even exceed the hype of Bitcoin,
lots of memecoins that go up to 1000x when fomo arrives, like some time ago one of the hype memecoins is PEPE,
yes if you follow the Hype on PEPE and you buy it at the price is $0.000004354 then you are -77% from that price to the current PEPE price,
so it's better not to follow the Hype when everyone is FOMO.

[bluedeep]

At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it

Meme Coin I thought it was a good coin but later on when I realized that I don't like Meme Coin. Because we don't get much profit from investing in it. So now I stay away from Meme Coin. I don't know the benefits of Meme Coin.  No Future We have to see which coins have a good future to choose. Then we can hope to get something good.

[TelolettOm]

your way of not following memecoin is correct, I have also done that since 2020 until now I have never bought any memecoin and hold this memecoin,
because I saw some of my friends experience rugpull on memecoin and I learned from there that memecoin that is currently hype should not touched.

The rugpull scheme often happens on new meme coins, so we must be careful to join new meme coins. However, it mostly happens when meme coins was hype, it was the time when Elon Musk often tweeted about Dogecoin in the last bullrun season. It is no longer a trend of meme coins, so people are rarely talking about meme coins anymore nowadays.

If there are people who still experienced losing money because of rugpull on new meme coins, it means those people never learned or never got the lessons from previous rugpull cases. It is clear that meme coins don't deserve to invest, they have no clear future and most of them are scams only.

[shinratensei_]

At first glance, it seems that many people are familiar with the characteristics of meme coins, where you shouldn't hold them for a long time, remembering that whenever you can pump and suddenly a dump can occur, therefore taking advantage of very meaningful moments to get maximum results. the special attraction in meme coins seems to never go out, this is proven by the emergence of new meme coins that have many communities, and they seem to be waiting for the lottery draw to come so they can finally win it

that much is true, there is actually many investors that got really big capital and make investment in meme coins, which honestly pictured by many as some ridiculous move or an attempt that could
devastate them in long term resulting in massive loss but turns out they are winning and get the most of the increase.
those are usually the ones that have already understand the characteristics of meme coin in general that it makes their investment decision responsible ones despite the fact that they are investing in some meme coin
which might be seemed like unreasoned decision, but surely those with big capital wouldn't make some uninformed decision with such massive investment.

[Godday]

I've always been unsure about memecoin. Especially if you have a strange name like Love Hate Inu . Memecoin is a project that relies solely on the community's desire to buy and continue to buy their coins. There is no innovation or something that makes us go "wow this is a great breakthrough for the future "

[sulendra12]

I've always been unsure about memecoin. Especially if you have a strange name like Love Hate Inu . Memecoin is a project that relies solely on the community's desire to buy and continue to buy their coins. There is no innovation or something that makes us go "wow this is a great breakthrough for the future "

That's an idea behind meme coins, they named it after memes from the internet or make some silly names associated or inspired by those memes. That's why people  find it interesting because it's attractive just because of those names, hence the community become bigger as more people joined the train because they know this memes or want to follow the train.

There is no real technology behind those meme coins unlike other coins out there, they just make it solely for the memes.

[danherbias07]

I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can  give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin  so be careful.

Or, they are lying to you.
But it's true, there are more losers than winners when it comes to investing in meme coins. In my own experience, I never regret selling my Shiba Inu after I saw some profits out of it. Yeah, it did go upwards after I sold it but I did not even bother looking at why. Let's not love this type of joke coins. Make money out of them and then run away. Ride the hype as early as we could and then we sell when we see an opportunity. Don't even try to say it could go way higher because the chance of being dumped is more possible than being pumped again.
The owners and marketers will try to come up with reasons why it will pump, but that's all for their own profits and not us. It's just a strategy to make people think about selling while they will be the ones who will do it first.

[swogerino]

You have summarized what I have been trying to say for a long time. I always say projects that create real value and work on a technology, just like Cirus. But people take risks in a meaningless way

Now people are even taking more risks since they can buy a huge amount of SHIBA as the price has come considerably down in these last days and weeks when Bitcoin and altcoins prices were on a big substantial downtrend.The fact that people keep chasing these coins is related to Doge Coin,many people were mining them for fun and they were easy to mine back in the days resulting in huge amounts of such coins at the price when they were being mined were 0.0024 if I recall it correctly but one such coin reached to near 0.70 dollars or a bit more and these people made huge profits out of this coin.Now many people want to do the same with SHIBA and that is why there is hype between these coins.

[yazher]

I've always been unsure about memecoin. Especially if you have a strange name like Love Hate Inu . Memecoin is a project that relies solely on the community's desire to buy and continue to buy their coins. There is no innovation or something that makes us go "wow this is a great breakthrough for the future "

It depends on their kind of meme because some memes are just there to confuse you, and they don't have any plans for their coins. They create them to take advantage of the hype, fooling some newbie investors into thinking that their coins are like Doge, which will be huge in the future. Still, there's no such thing because there's no development or updates that will take place in the next year to come, and when the hype is done, they leave their investors with multiple false promises until they give it up for good.

[Amejoaquim]

Well, most people "invested" in crypto seem to think they are supposed to be millionaires in two weeks from buying crypto because some influencer called them a loser for working a 8-4.
So, no wonder there so many people who get caught on this meme coins.

[wiss19]

You have summarized what I have been trying to say for a long time. I always say projects that create real value and work on a technology, just like Cirus. But people take risks in a meaningless way

I also wouldn't consider the token you mentioned as a better alternative to meme coins, it is a new token and we never know how it behaves. Have you done proper research about it and you believe that it has the best fundamentals and the team behind it that it will be a success? Please enlighten us about the use cases and the technology behind the token that you believe will make it grow exponentially in the future.

Investing in meme coins is simply wasting your money because one out of a thousand meme coins manage to get some value if it gets the attention of the community and enough investments, and if you invest in the wrong meme coins that don't get enough hype and attention, your money is wasted.

[asawale]

This is an admonition for the newbies and those who are yet to fully understand the basics of cryptocurrency. Memecoins creation is the most method used by scammers to steal from the cryptocurrency community. The make fake projects with code that breach their users wallet security and that gives them chance to steal you fund. BEWARE OF FAKE PROJECTS IN MEMECOINS and if you invest in memecoins, always ensure you don't get greedy and take out your profits on time.

[v3liana]

Thats kinda hard because Meme coins bring more yolo degen energy that is perfect for their pump and dump plans. Probably a lot less eyes on it than a well established project as well.

[BaeSuzy]

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.

[Raflesia]

Thats kinda hard because Meme coins bring more yolo degen energy that is perfect for their pump and dump plans. Probably a lot less eyes on it than a well established project as well.

Actually, as long as we are not too affected by the ambition of quick and instant profits, I think it is very easy to do because regardless of whether we are dragged or not in this memecoin hype, we return to our own choices, which means when we really don't want it, then that's it. can not be done.
What makes it difficult is when we are only fixated on the profits we get and don't see the worst impact we get when we are in meme coins.

On the other hand, actually, if you really want to, you can still do it, but with the condition that we know what to do and don't just stick to our condition following other people or influencers who introduce memes or shitcoins because we realize that it's a trap.
By knowing our own capacity, of course it can be done, but this is not easy and cannot be done for beginners or those who don't understand the concept of memecoin as a whole.