This time for meme coin?

[Mehedi72]

Memecoins are always risky to buy, no matter what memecoin it is! Memecoin means a fun coin that doesn’t give you any guarantee for Secure investment. Just useless shitcoins! First shitcoin used to came in market with Concept, no matter how concept were but now memecoin already tell you that, I'm shitcoin! So why Should i invest. And bull run? It need a lots of time From now, till then all of those new memecoin will dead, i guess

[kevindjunaidi]

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!

of course it is very risky to invest in meme coin and I don't think all meme coin will increase very high during a bull market, so I suggest you don't invest all your money in meme coin, because there is a possibility that your money will be lost it can really happen, therefore if you want to invest in meme coin, then you can invest a maximum of 20% of your portfolio and I advise you to invest in meme coin which are popular and have high trading volume (my recommendation is Dogecoin).

[Quidat]

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!

We do have that known season;

Memecoin season
Altcoin Season
Overall Bull run Season
Overall bearish run Season

There's really a time that this market is flooded out by lots of memecoins and usually these things could be seen on
Poocoin,dexview,dexscreener or other dexe's out there on which once in a while on which new coins been posted and been launched which most of them are shit.
If you are really that tending to dive with meme coin craze then its up to your risk taking but be careful because the chance on getting or hitting a gem
or something that would pump is really that very less.

I have a devastating kind of experience when it comes to meme coins.Yes, i do make out some money but lose up huge too if you are really that
careless on picking one.

[shinratensei_]

Memecoins are always risky to buy, no matter what memecoin it is! Memecoin means a fun coin that doesn’t give you any guarantee for Secure investment. Just useless shitcoins! First shitcoin used to came in market with Concept, no matter how concept were but now memecoin already tell you that, I'm shitcoin! So why Should i invest. And bull run? It need a lots of time From now, till then all of those new memecoin will dead, i guess

exactly thats what many people should be thinking about when they invest in meme coin in general, its falls under the category of meme coin and shitcoin for reasons not because its gain is so great but because the chance of it gonna makes you lose your money is far higher than the other.
but then again if someone wanna speculate then feel free to speculate, the only thing though with meme coin is that it general heavily manipulated, anyone with right mind definitely gonna refrain from investing in those coins.
knowing it being manipulated your odd of winning definitely less than 10% which is not worth it at all if you think about it.

[Mpamaegbu]

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!

Like LogitechMouse said, meme coins aren't just risky but very very very risky, (their own words). I think so too though with one "very" for appropriateness 🤔. If anyone wants to invest in memecoins/tokens they should have it at the back of their mind of the potential risks all carry. We've premium tears from those who invested in memecoins following the successful outing of Shiba Inu. These ones concluded that since Shib had a good run, whatever other meme they invest in will equally do well. That's erroneous.

However, let me quickly add that as we approach Bitcoin halving year there are going to be more scam and shitty projects that will hit the market to catch unguarded investors unawares. Bull run is that period when almost anything in the name of a project is embraced. People should be careful.

[Silberman]

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!

I did not know that many meme coins were being released right now, and I can assure you that a great deal of the members of the forum did not knew either as they are not interested at all in those coins and as such they do not keep themselves updated about those coins, and about their effects on the upcoming bull market, I do not think they have any influence at all, make no mistake the developers behind those coins are the ones trying to use the bull market so their coins go up in value, not the other way around.

[Yatsan]

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!

There are new meme projects 'coz the recent two have made huge impression and developers are just wanting to take advantage of that. Is it risky to invest with memetokens? if it is for long term holding then yes. As we all know meme tokens has no utility to create and sustain its demand and price as well. Based on my experience this token category is only good for short term investment in particular with its release to the public and after a few weeks price drops drastically. Even bullruns cannot push its market prices up 100% unless majority feels like it or whales had the idea to do so nd manipulate the market.

[Xal0lex]

However, let me quickly add that as we approach Bitcoin halving year there are going to be more scam and shitty projects that will hit the market to catch unguarded investors unawares. Bull run is that period when almost anything in the name of a project is embraced. People should be careful.

Coin categories such as memcoins will always appear in huge quantities, regardless of the approaching halving, market trend, or the presence of any particular altcoin season or season of any particular coins. It's all about the very nature of memcoins. They are as cheap as possible to create and for their promotion there is no need to create any product, ecosystem or try to endow this cryptocurrency with any utilitarian properties. That's why memcoins will always appear, every day, every hour.

[QueenVera]

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!

New meme coins are coming out because we're closer to the bull market and scammers are looking to deceive investors into investing in there scam projects so they can defraud new investors thinking they can make profits from investing in meme project and hoping they become as successful as Shiba Inu, and the most recent which is Pepecoin has succeeded in the market.
Memecoins investment are very risky and shoudn't be done if you're still very new to the market because you won't be able to differentiate between the legitimate memecoins to the scam ones. They both look similar but if you have experiment you can tell when a project isn't legit. They have so many too good to be true behavior like promising high return on investment.
Next bull market will be full of memecoins and it'll be the focus of investors that's why exchanges are listing memecoins all of a sudden because they're expecting big traffic of customers to be interested in them and that's going to make them big profits from trading fees. We haven't had a memecoin bull run yet as we did with defi, Metaverse and other trends in previous bull market.

[yhiaali3]

Of course it's a risk, as everyone pointed out, it's a big risk, but it could be a big opportunity at the same time.

Although I do not trust meme projects, the time is now for meme projects. It is true that many of them fail and have no value, but some of them may succeed and achieve x 100 or more.

So if you like risk you can gamble with a little money and wait for the opportunity.

[Kelvinid]

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!

I could say yes as it draws too much attention and makes their price grow up which can be expected. However, it wasn't like we think that the market is reliant on that particular situation, yet their participation had contributed a lot. That is why I could say that this year is for meme coins but I wasn't thinking that it will become sustainable, maybe we could witness another project soar high next year. In fact, as we can see before from ICO projects, IEO, and NFT, now we are in meme's time. And all of them have a huge impact in the market.

[Husires]

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!

What is the basis on which these currencies are based to achieve success, which will be reflected in an increase in the price? They all depend on that they will be an alternative to DOGECOIN. However, all that is presented is a currency that has the name MEMECOIN, but its design is not much different from any other digital currency, and therefore these currencies Closer to pumping/dumping projects, where it depends on a distinguished name, a distinguished event, a large liquidity is pumped to increase the price, and suddenly everything disappears.

Trying to invest here is closer to those who try to buy a special number card, thinking that it will make them win the lottery.

[khiholangkang]

This kind of situation (bull market preparation) is used by meme coin developers to get profit on their token sale, this is quite risky because they have no benefits for network development in the crypto industry, they only rely on hype and pump to attract their investors, this is very dangerous if we are in the last entry, our money will be very difficult to return, this needs to be an important note, on the other hand it is also a separate opportunity if we become early investors, because we will get the money we save there many times more than him bitcoin or altcoin top 10, but it's a shame below 5% probability to make a profit, and I think the meme coin project has no impact on the bull market.

[Fredomago]

This kind of situation (bull market preparation) is used by meme coin developers to get profit on their token sale, this is quite risky because they have no benefits for network development in the crypto industry, they only rely on hype and pump to attract their investors, this is very dangerous if we are in the last entry, our money will be very difficult to return, this needs to be an important note, on the other hand it is also a separate opportunity if we become early investors, because we will get the money we save there many times more than him bitcoin or altcoin top 10, but it's a shame below 5% probability to make a profit, and I think the meme coin project has no impact on the bull market.

Deciding whether to invest or not will always rely with your own understanding, and your way of handling the risk, as if you are willing to take your chance and you are okay with riding into whatever meme projects that being hot while the market is showing a good sign of pumping hard, it's always on how you take chances, that's for those who already have an experienced on how crypto volatility works.

But for those newcomers, your set example is true because if you are only investing as someone introduces you that meme projects chances that you will be caught in the position where the value was already hype and all those early investors already dumping their assets.

[hugeblack]

The last memecoin I remember was PEPE, which had a hard fork and was left by the main developer and a lot of drama that makes anyone think seriously before investing in such an investment. Therefore, the success of these currencies was due to Elon Musk's tweets. Whenever that person returns to tweet, it is an opportunity to make quick gains, but the question is when will he return again to talk about it and is it worth investing or is it waiting for something to happen that may not happen.

[justdimin]

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!

Meme coin is always risky for the fact that to many of those created token are just for scam so you need to be careful on your investment and don't expect to much since that's what scam devs like since they want you to hold while them are dumping.

If we talk about effect well nothing really since the market of meme coin is not so huge and even though the hype is growing then maybe scamming is happening still it cannot   affect the market as a whole.

I agree that it's a useless risk people are taking with these and there is nothing to do about this. I believe that we can't really do anything regarding this situation and we shouldn't really be bothered about it neither.

I can't say that we can't really do much about it in the end, because it is going to be a different situation but at the end of the day if we are talking about memecoins then we are going to be fine and there is nothing to miss there, I can just not buy them and buy something else and make money anyway. I would rather not take any risk at all and buy only bitcoin rather than risk my money with meme projects. Not many people understand the useless risk part, it is really terrible projects all around.

[steq926]

As for memecoins, I got some. It sounds like a nice diversity to other cryptocurrencies. As for holding them, I switched to XGo crypto wallet last week. So far, so good. Smooth transactions, intuitive interface.

[Accardo]

They'll never be a good time for memecoin, it keeps failing investors and similarly investors who lost money through memecoin wouldn't dare invest into good cryptocurrency projects like bitcoin and ethereum. Some people see memecoins as an opportunity to maximize their profits or feel like early adopters, yet they get disappointed with the results that follows memecoin. They've got no use case, which is a red flag to the durability of its price. Except that Elon musk hypes dogecoins its price wouldn't have made any advancement during the 2021 bull run. They depend on hype and that's a waste of the naive investor's money.

[Natalim]

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!

Risky - that was absolutely right.
In fact, ever since we know that investing in meme coins is not a good idea. However, we can't change the fact as well that they are greatly profitable during its hype and so people got crazy participating it now. Yeah, I could say that 2023 is for meme coins, it gains more attention after the PEPE coin got shone up. Nevertheless, we couldn't say that this will last longer until the bull season comes because if that is so, then the impact is huge and it also drags other meme coins to pumps as well.

[bitkanu]

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!

of course it is very risky to invest in meme coin and I don't think all meme coin will increase very high during a bull market, so I suggest you don't invest all your money in meme coin, because there is a possibility that your money will be lost it can really happen, therefore if you want to invest in meme coin, then you can invest a maximum of 20% of your portfolio and I advise you to invest in meme coin which are popular and have high trading volume (my recommendation is Dogecoin).

20% of portfolio is too much honestly it should be less than that, even 5% is already too much, we're talking about investment that could just vanish into thin air with the changing of market here.
only invest maybe $5 to $10 in initial stage of meme coin then its worth it, that with a big if, thats if the meme coin itself succeeds.