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Author Topic: This time for meme coin?  (Read 2168 times)
honglu69
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September 09, 2023, 10:02:26 PM
 #141

then you should be careful and don’t keep them for a very long period of time before they turn your investment into shit as that what the coin is in the first place.
I always say that meme coins are shitcoins and not investment assets. I agree with you that meme coins are not coins worth keeping for a long time. You just have to be observant in looking at the market and when the price goes to the moon, I think you should just sell and don't think the meme coins will go back to the moon and hit their ath.

Meme coins are just fun. So if you intend to invest long term in coin meme, you have to be careful. In my opinion, the only successful meme coin so far is $DOGE, many investors have become rich in DOGE because of the price pump that has occurred in this coin.

Dogecoin is special.  One fact is that DOGE is first, the earliest meme and biggest market cap.  The another fact is that DOGE actually is bitcoin clone,  proof of work coin, a UTXO coin, not token.  SHIBA and also vast majority of other meme coins are not coins, they are mostly a token on BEP20 chain, or on ERC-20 chain, etc.

I am biased against tokens, and in favor of real coins like DOGE.  Check out Cheetahcoin (CHTA).  This is new meme coin like DOGE, on sha256 with special difficulty algorithm tailored to small home solo miners on USB devices like Gekko Newpac. CHTA market cap is well below $1 million USD, and really at early stage.  
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September 10, 2023, 07:05:41 AM
 #142

Not a fan of meme coins, Think most of them are just hype only few are legit the only memes coins I bought was doge and Shibu last two years and have make alots of profits from them. Currently afraid to invest in any meme coin these days cause we are in a bear market one can easily lose a lot of money if care is not  taken, will better wait for another bull market before buying memes coins again cause I don't trust them that much.

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September 12, 2023, 05:47:12 AM
 #143

Meme coins are just fun. So if you intend to invest long term in coin meme, you have to be careful. In my opinion, the only successful meme coin so far is $DOGE, many investors have become rich in DOGE because of the price pump that has occurred in this coin.
It's fun because the price of meme coins is very cheap, so there's no harm if someone tries to speculate, hoping that there will be a surprise. Even though, up until now, as you said, it has been Doge who has been able to provide surprises, that is also because Elon Musk's role has been able to provide encouragement to improve. Apart from that, perhaps of the many that have emerged, it seems that many are unable to develop, so it is not recommended if you want to buy meme coins for the long term.But it's all up to the individual to decide, and don't hesitate to analyze if you still intend to buy meme coins. I myself am not sure about the further developments of meme coins.

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September 12, 2023, 12:37:34 PM
 #144

Speculating for a limited time may be very understandable because it's like just playing around, but I agree that if it reaches the desired price threshold, immediately release it.Maybe there are already many colleagues who have provided suggestions and opinions about meme coins that are not suitable for investment.because the risks involved are quite large and the experience that has occurred is very much that meme coins are confirmed to be scams.The bull market also won't affect the meme coin; only a small part of it can, and that's because of the hype that's still going on.
Meme coin most of the time are riding with the bull season, whales and manipulators are using the sentiment to attract new traders and investors, with flowing investment those people who are not careful in investing or riding with the project especially with meme asset are prone to losing their money, you need to have a good glance at how you project the potential and what are the sign that you will going to use, a kind of patterns that will give you the hint when to sell and leave the project.
Memecoins don't really ride only with the bull run, they generally just go up significantly when the community hypes them and they get a lot of investment from newbie investors who are greedy and don't know much about the market and how cryptocurrencies generally work and they think that they can get rich quickly with cryptocurrencies and memecoins use that as an opportunity to get as many investors as possible because that gives them a lot of money.

And memecoins generally start losing value right after the hype is over and they barely manage to go up after that because the lifespan of memecoins is not that much but most people don't understand this and they still invest in every single memecoin that they hear about from social media or anywhere.

Agree to that, manipulators are just waiting for the hypes and start bringing it inside the table, once the target already reached expect that it will be doom, some might wait for another timing and some will be gone or die in a natural way, Usually those who got victimized will not stop from that experienced they will keep on aiming and trying to ride thinking that in the right timing they might earn from this kind of project.

Meme coins do exist as there are people who have this kind of thinking, though some might lose hope and interest, but some will continue the chase.

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September 12, 2023, 01:37:38 PM
 #145

meme coins are already everywhere, as for me it is better to trust more reliable ones, which have long existed and investments bring income, such token is TFS, I had no problems with it
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September 12, 2023, 02:28:14 PM
 #146

They are many meme Coin that has already created in the cryptocurrency industries and more are still coming out, but have to make a research before investing in any of them, because they are good once that has future potential and also useful in the cryptocurrency industries, base on project plan and also community support that drive meme coin's in another level that gives more profits to investors.

The only ones who have potential are those who have invested a lot in marketing. Fucking PEPE was all around Twitter when it was launched and it pumped just because it brought attention. Now no one cares about it and it remains silent.
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September 12, 2023, 04:17:08 PM
 #147

That's all I can say about meme coin. Yes, it is true that the new meme coins that are coming or coming in the current market are almost all high risky. And in bull run these coins can give a fair profit but most of them will not give profit. Short trade can bring good profit.

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September 18, 2023, 09:54:14 PM
 #148

That's all I can say about meme coin. Yes, it is true that the new meme coins that are coming or coming in the current market are almost all high risky. And in bull run these coins can give a fair profit but most of them will not give profit. Short trade can bring good profit.

I have seen a few recently. Instead of fade them completely because of TA, I make sure I throw a few $$  just to hold a portion of it incase the price react positively I won't live in regret. I saw one called Shiba Saga (SHIA) listed on Bitget. Shiba did well for those go entered early, so anything Shiba I try to jump in cautiously even if it's with $5 lolz
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September 18, 2023, 10:57:05 PM
 #149

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Investing in new meme projects is always risky because most of them have no liquidity, and many of them are created to scam investors.  We have seen lots of these meme coins rug pull during the craze of the Shiba era.  If there is another batch of meme craze in the bull market, I believe it will take away some capitalization from the legit cryptocurrency out there because instead of these funds going to the legit crypto market, they are being diverted to meme coins and possibly taken away through exit scams.
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September 19, 2023, 12:25:13 AM
 #150

then you should be careful and don’t keep them for a very long period of time before they turn your investment into shit as that what the coin is in the first place.
I always say that meme coins are shitcoins and not investment assets. I agree with you that meme coins are not coins worth keeping for a long time. You just have to be observant in looking at the market and when the price goes to the moon, I think you should just sell and don't think the meme coins will go back to the moon and hit their ath.

Meme coins are just fun. So if you intend to invest long term in coin meme, you have to be careful. In my opinion, the only successful meme coin so far is $DOGE, many investors have become rich in DOGE because of the price pump that has occurred in this coin.

I agree. Memecoins mainly exist to give hopium to traders when the markets are boring. Though one or two might pop up every once a while with a few good usecases, they're still risky regardless. The two I've got on my to-buy list; $smurfcat and $shia share the same characteristics as well. They are risky. Only reason I could say I'm going for them is because both are listed on Bitget and I trust the exchange to a good degree.
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September 19, 2023, 10:48:41 AM
 #151

It creates a wave that attracts new participants to the market, which is crucial during the development phase of the cryptocurrency market. Memecoins also contribute to helping the cryptocurrency market weather the crypto winter. However, when the market is bullish, I no longer pay attention to memecoins Grin
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October 05, 2023, 07:57:15 AM
 #152

Mem coin seems really risky to me.  It is impossible to predict what effect this may have on a bull market.  Because the meme coin market is volatile it is hard to tell which direction it will take. Meme coin has no utility at present and the project itself has no long term goals, mostly meme coin is not sustainable. Mem coin is more risky to invest long term so no one wants to hold long term. I am not currently thinking about investing in Meme Coin.

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October 05, 2023, 10:25:59 AM
 #153

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
When the market entered a bull market, many meme coins were launched to capitalize on the bullish momentum we saw in the previous season, many of them even used similar names to coins that were experiencing price spikes in the market to attract investors to the project. Therefore, the presence of meme coins on the market will certainly be very risky, especially for new investors because we often encounter beginners who think that meme coins can make them rich quickly, so many of them dare to invest large amounts in them without considering the risks.

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October 05, 2023, 11:07:23 AM
 #154

Mem coin seems really risky to me.  It is impossible to predict what effect this may have on a bull market.  Because the meme coin market is volatile it is hard to tell which direction it will take. Meme coin has no utility at present and the project itself has no long term goals, mostly meme coin is not sustainable. Mem coin is more risky to invest long term so no one wants to hold long term. I am not currently thinking about investing in Meme Coin.
They're like that unexpected friend who sometimes lights up the party but never promises to show up or accomplish anything. Their value? Mainly social buzz and FOMO. You're right about their unpredictability. How can you anticipate their trajectory without a utility or use case?

I've seen meme coin investors make quick money, but others lose it quickly. The whole thing is risky. Should we invest in a trending topic? Or should we focus on basics and utility? Always do your own research. You should be comfortable with where you invest your money.

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October 05, 2023, 11:26:33 AM
 #155

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Yes, it's definitely very risky. Just look at the recent release of many new coins with a meme concept on the market which ended up as shitcoins. Most of them don't last long on the market, they just attract hype and deceive investors. My advice is to avoid and never bet your money on meme coins in any form, this will only make you suffer losses.

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October 05, 2023, 12:54:55 PM
 #156

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
Because MEME coins will never sustain in the long term, their goals is short term hype, and people’s rush to invest and they lost everything, but it’s also luck sometimes. Definitely it’s a big risky investment when you will make big investment. So try to invest small amount which is your comfortable. It’s bearish market so it’s not a good time for meme coins where whole market is also down trend.

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October 06, 2023, 03:56:04 PM
 #157

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
Because MEME coins will never sustain in the long term, their goals is short term hype, and people’s rush to invest and they lost everything, but it’s also luck sometimes. Definitely it’s a big risky investment when you will make big investment. So try to invest small amount which is your comfortable. It’s bearish market so it’s not a good time for meme coins where whole market is also down trend.

More on luck if you are going to invest with this kind of project, and aside from that timing is also important, like what you said better to invest with small amount of money, amount that you are comfortable in risking not a huge investment that you can afford to lose, remember that meme project most of the time is controlled by certain people behind it.

Make sure that you have that strong nerve to accept whatever the outcome, if by luck, you earn, then it's good for your money. If not, just move on and forget about it.

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October 06, 2023, 05:38:33 PM
 #158

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Cryptocurrency trading is also kind of risky; you don't even have to ask about meme coin cases. You probably know that 90 percent of the meme coins are unworthy coins, and we should keep track of the rest, less than 10 percent coins; otherwise, it will cost you a huge loss for sure. It's a short-term trading thing, and the bull and bear markets are unpredictable in this case. Many people lose their meme coins, but others gain them too. To gain on this coin trade, you need to learn some trading tactics and the up-to-date trends of the coins that you are trading.

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October 07, 2023, 03:56:23 AM
 #159

I don't see it like that, and have never been tempted to invest with full capital, but it is true that I also do it with a small amount of capital to invest in meme coins, because for me the most important thing is the security of our capital first, after that we are looking for a good profit. according to logic. often the multiples on meme coins don't make sense, they go up to thousands of percent, but in an instant they can drop drastically, that's something we have to really pay attention to

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October 07, 2023, 05:18:24 AM
 #160

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Yes. it is very risky. Also meme coin does not have any utility. But they will grow the awareness about crypto in the community.  But every bull market on of meme coin will be hyped. It was shiba Inu in the last bull market. What you can do is do the meme coin bounties and hold until the next bull market(2024). You don't need to invest in those meme coins.
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