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Author Topic: This time for meme coin?  (Read 2472 times)
barhavsky
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August 05, 2023, 10:26:22 PM
 #81

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!

if in my opinion meme coin is an altcoin that is not suitable for long term investment, because it is too risky and of course not all meme coin prices will go up if there is a bull market, so I have never been interested and suggest to investing in meme coin for the long term, but you can invest in meme coin when it's hype and sell it immediately when you get profit.

never hold for a long term, because you can lose your money.

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August 06, 2023, 07:46:45 AM
 #82

Highly risky. Cause memecoin doesn’t need any valid future concept or whitepaper. You wont know anything based on Its fundamental. What you can is just speculation. This year doge shiba pump a lot and pepe memecoin able to made the craze among People. So now Most of memecoin will launch daily and lots of People will buy those as if they'll be million and will be scammed at the end. Thus scammers will scam a big amount from people which is very bad for crypto industry but can't stop anyone from investing their fund, right but we can discuss to teach them to avoid such upcoing memecoins
No one knows whether this is the time for meme coins to increase again or whether meme coins will sink and not have time to increase. Everything can happen amid uncertainty like now, and we can only analyze the existing coins or tokens one by one in the hope of finding hidden gems that can provide big profits. And if it really is a meme coin, we have to look for it because, with so many meme coins nowadays, I doubt it will be easy, especially since so many scammers are ready to take our money if we buy the wrong meme coin. It's better for you to look for other coins that have more potential to rise higher than buying meme coins. But if you still want to invest your money in meme coins, I suggest not using too much money to avoid big losses.
You're right. How people feel about meme currencies can affect their value. A wild ride. The only exception is Dogecoin, as you indicated. Remember the joke coin that began it all? That's unique, right? Somewhat different or similar. Game objective is to uncover secret jewels. Grab them and don't let go! It's jungle out there. There are numerous humorous coins but not enough time. Stealthy persons should be avoided. Prepare to assault. They'll take that money without being seen. Staying with what you know is great, but if you want to try something new, like investing in meme coins, thats fine. Avoid overstepping. Be wise and secure. But remember, Dogecoin, that's where it's at

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August 06, 2023, 02:20:43 PM
 #83

Note a fan of meme coins at all ,Don't think they have any good use case they are just about pump and dumb. The ones that buy them early before others usually make good profits  and  the ones that buy them at high price usually ends up loosing money so in general they are very risky one need to be very careful investing in them to avoid loosing money.

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August 06, 2023, 02:27:49 PM
 #84

Note a fan of meme coins at all ,Don't think they have any good use case they are just about pump and dumb. The ones that buy them early before others usually make good profits  and  the ones that buy them at high price usually ends up loosing money so in general they are very risky one need to be very careful investing in them to avoid loosing money.

Well, over time I started liking Doge for example... everything you said is true for most meme coins, but I think that some of them are here to stay like Doge. And we will probably see them going up and down in the future. I simply can't forget how Doge exploded because one rich/powerful man decided to push it a bit. I think it will happen again, maybe "the man" and "meme coin" will not be the same, but we saw it's possible and how things develop in such cases.

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Xal0lex
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August 06, 2023, 06:30:30 PM
 #85

Highly risky. Cause memecoin doesn’t need any valid future concept or whitepaper. You wont know anything based on Its fundamental. What you can is just speculation. This year doge shiba pump a lot and pepe memecoin able to made the craze among People. So now Most of memecoin will launch daily and lots of People will buy those as if they'll be million and will be scammed at the end. Thus scammers will scam a big amount from people which is very bad for crypto industry but can't stop anyone from investing their fund, right but we can discuss to teach them to avoid such upcoing memecoins

I have not seen any pumping of DOGE and SHIB this year. On the contrary, these meme coins are showing complete stagnation and loss of interest among investors. I can understand why this is happening. These coins have already made a significant amount of profit and it's hard to pump them by hundreds of percent, it's easier to launch new meme coins and extract tens of thousands of percent on the hype. Hence the conclusion that it is not worth investing in old meme coins, they have already fulfilled their function.

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Japinat
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August 06, 2023, 08:07:28 PM
 #86

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!

if in my opinion meme coin is an altcoin that is not suitable for long term investment, because it is too risky and of course not all meme coin prices will go up if there is a bull market, so I have never been interested and suggest to investing in meme coin for the long term, but you can invest in meme coin when it's hype and sell it immediately when you get profit.

never hold for a long term, because you can lose your money.

But it's somehow challenging to know when is the right time to ride the hype because meme coins are much more volatile and can move in a way that is very unpredictable which takes us again to the reason why meme coins aren't really that type of coins that are advisable to invest with. Yes, it can give you profits in just a short time but you can never know when will it move and so I suppose that if you're that investor that is eager to invest in such coins then I suggest that you approach it with extreme caution.

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August 14, 2023, 02:31:23 AM
 #87

I think it is really risky for investing in meme coin. However, there are many fastidious investors who buy meme coin because of the possibility of getting rich very quickly. Besides, a lot of meme coins can be purchased with a small amount of money and if a big hype is created, then more profit is available.
In short, high risk, high reward.
Most of the meme coins right now are scams and only for hype. The best example for me is Shiba Inu, after the hype, Shiba Inu started to dump.

The only remains calm and still on top is the king of meme coin; dogecoin.
So for me, Dogecoin is a must memecoin you should have on your portfolio.

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August 14, 2023, 04:48:54 AM
 #88

I think it is really risky for investing in meme coin. However, there are many fastidious investors who buy meme coin because of the possibility of getting rich very quickly. Besides, a lot of meme coins can be purchased with a small amount of money and if a big hype is created, then more profit is available.
In short, high risk, high reward.
Most of the meme coins right now are scams and only for hype. The best example for me is Shiba Inu, after the hype, Shiba Inu started to dump.

The only remains calm and still on top is the king of meme coin; dogecoin.
So for me, Dogecoin is a must memecoin you should have on your portfolio.

What about pepe, what do you think about it? Investing in memes is really risky but undeniably the big profits it brings.  moreover, if we look at dogecoin, I find it better and more potential than the top altcoins and always say they have good technology.  indeed, any investor who is intending to invest in memecoins should not ignore dogecoin.

I have also recently accumulated quite a bit of dogecoin in my portfolio for the next bull season, I bought it for less than $0.07 and am making a substantial profit.  but I won't sell it until it crosses $1 and goes higher, sounds crazy but we'll see that next bull season.

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August 14, 2023, 06:46:29 AM
 #89

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!
you can answer it now mate , look how meme coins doing now? so how much for those new projects? and also why are you still fooling with new meme projects when there  are already existed that does not even had a good action these days?

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August 14, 2023, 10:09:45 AM
 #90

Nothing lasts forever with meme coins. I honestly really hate meme coins. For me if you want to gamble then please buy some meme coins. I'm sure everyone will have their own views but that is my personal opinion and I'm open to all the opinions of people here.

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August 14, 2023, 11:09:14 AM
 #91

Meme coin is Highly risky coin.Some time this coin popular but most time very risky this currency.Highly risky coin fall 99% time.One one % chance successful meme coin.Meme coin success profit 100x to 1000x +.So some times life changing chance for meme coin success.i didn't suggest this coin investment.Thay better investment select good coin.meme coin some $ investment profit huge & lose huge.So avoid meme coin.

True, meme coins are very risky but some persons have been very lucky and enriched with meme coins. I haven't myself... still hopeful that one day. The last time I tried, I entered rather late and it dumped on me but a friend invested $90 in same coin and made over $2k. Trying to study the trend of Memecoin, one thing I discovered is those who sometimes get lucky with it are those who bought very early and sold when it pumped. The wisdom maybe to throw in a little $$, an amount you can call spare cash. I am monitoring one HarryPotterObamaPacMan8Inu on Bitget. Such a funny long name it has, it won't be bad if I try with a little $$ and see the outcome.

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August 14, 2023, 11:23:09 AM
 #92

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!

These memecoins are developed in order to troll an event or personal entity. I don’t consider them as serious at all. These coins give you one time opportunity to gain profit. But holding it for long time can be very risky. Moreover many memecoins aren’t even listed in many exchanges. So their whole purpose is to make money by the developer’s end. If you ask me, then I won’t even show 1% interest to invest in these types of coins. I like to invest with minimal risks.

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August 14, 2023, 01:13:34 PM
 #93

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!

These memecoins are developed in order to troll an event or personal entity. I don’t consider them as serious at all. These coins give you one time opportunity to gain profit. But holding it for long time can be very risky. Moreover many memecoins aren’t even listed in many exchanges. So their whole purpose is to make money by the developer’s end. If you ask me, then I won’t even show 1% interest to invest in these types of coins. I like to invest with minimal risks.

They are provably not serious for developing something good on crypto space since for sure there main intention is to take advantage of people's greed since they can earn a lot with it especially when they can gather big community for the memecoin they created. Its so hard to trust such projects because we don't know on which of them has a potential to go the same track what Pepe or other memecoins gather huge volume and good price pump.

R


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August 14, 2023, 05:08:07 PM
 #94

These memecoins are developed in order to troll an event or personal entity. I don’t consider them as serious at all. These coins give you one time opportunity to gain profit. But holding it for long time can be very risky. Moreover many memecoins aren’t even listed in many exchanges. So their whole purpose is to make money by the developer’s end. If you ask me, then I won’t even show 1% interest to invest in these types of coins. I like to invest with minimal risks.

Those memcoins that do not appear on centralized exchanges for a long time, they can not be considered at all, even at 0.1%. This is all the garbage that breeds on decentralized exchanges every hour. Of course, memcoins are not conservative investing, they are gambling, where you just spin roulette and hope for blind luck. It has nothing to do with investing as such.

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August 17, 2023, 11:24:17 AM
 #95

Nothing lasts forever with meme coins. I honestly really hate meme coins. For me if you want to gamble then please buy some meme coins. I'm sure everyone will have their own views but that is my personal opinion and I'm open to all the opinions of people here.
Many have the same opinion as you in almost every conversation about meme coin, so I also don't feel that meme coin is an investment that will provide benefits other than, just like gambling, getting big because of the hype.
Of the many coins that have grown, if we are honest and say that only a small number of meme coins can survive, more will become scams.
So for me, it's not yet, and I don't think about investing in meme coins.
But indeed, everyone will have different perceptions, and it's no wonder there are still those who speculate to buy and hold meme coins, and that is something that still happens and is done frequently.

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August 17, 2023, 05:01:08 PM
 #96

Those memcoins that do not appear on centralized exchanges for a long time, they can not be considered at all, even at 0.1%. This is all the garbage that breeds on decentralized exchanges every hour. Of course, memcoins are not conservative investing, they are gambling, where you just spin roulette and hope for blind luck. It has nothing to do with investing as such.

To be honest, most of meme coins are worthless even though they have promising idea in their roadmaps, if they don't have anything to show or something new to offer for their investors, most likely their project will fail and will not gonna be like Dogecoin or Shiba Inu ever. We often hear see new meme coin created almost every month but the question is, will they be able to make it into reality whatever they saying in their roadmaps? Probably don't.

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August 17, 2023, 05:50:50 PM
 #97

Actually this session for crypto & i know about alts coin as well but if i predicted with meme coins for buying now or later i don,t know about meme coin properly but i think meme coin you can buy now and hold till bull market expected meme coin growth at right time specially DOGE,SHIB Etc.

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August 17, 2023, 11:06:30 PM
 #98

I have not seen any pumping of DOGE and SHIB this year. On the contrary, these meme coins are showing complete stagnation and loss of interest among investors. I can understand why this is happening. These coins have already made a significant amount of profit and it's hard to pump them by hundreds of percent, it's easier to launch new meme coins and extract tens of thousands of percent on the hype. Hence the conclusion that it is not worth investing in old meme coins, they have already fulfilled their function.
Even the impact of Elon Musk, after changing the Twitter logo to the Dogecoin logo, did not receive increasing interest from investors and did not affect Dogecoin except for a slight impact on the unexpected, so I completely agree with you that the new meme coins that were not pumped before are a more attractive opportunity than the old meme coins, which tended to stagnate after the hype went away and after the whales’ liquidity was withdrawn from them to other currencies after they achieved multiples of investment returns. Still, we must not forget that the new meme coins are riskier than the old ones, as the old currencies are listed on the famous CEX platforms and have a large trading volume; this makes them safer than new currencies that are not listed, and rug pulls tokens, which, after investing in them, the investors may lose all their funds.

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August 17, 2023, 11:29:44 PM
 #99

I have not seen any pumping of DOGE and SHIB this year. On the contrary, these meme coins are showing complete stagnation and loss of interest among investors. I can understand why this is happening. These coins have already made a significant amount of profit and it's hard to pump them by hundreds of percent, it's easier to launch new meme coins and extract tens of thousands of percent on the hype. Hence the conclusion that it is not worth investing in old meme coins, they have already fulfilled their function.
Even the impact of Elon Musk, after changing the Twitter logo to the Dogecoin logo, did not receive increasing interest from investors and did not affect Dogecoin except for a slight impact on the unexpected, so I completely agree with you that the new meme coins that were not pumped before are a more attractive opportunity than the old meme coins, which tended to stagnate after the hype went away and after the whales’ liquidity was withdrawn from them to other currencies after they achieved multiples of investment returns. Still, we must not forget that the new meme coins are riskier than the old ones, as the old currencies are listed on the famous CEX platforms and have a large trading volume; this makes them safer than new currencies that are not listed, and rug pulls tokens, which, after investing in them, the investors may lose all their funds.
thats true, old meme coins tends to stagnate after a while, but what baffles me is how they could retain their market capitalization not even getting shaken with the presence of newer meme coins, I mean honestly the market capital should be moving to the newer ones after all what does the current investors of doge coin and shiba expect from coins that already stagnate for so long but I guess they are truly faithful holders of these two meme coins.
but if its to seek some quick profits with tremendous rate of return which sometimes gives more than 1000% then i'd most certainly pick newest meme coins with a big exception of using smaller capital since the money could be gone instantly if we choose the project to invest wrongly.

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August 18, 2023, 06:31:02 AM
 #100

I am little bit confused about meme coins future. But it is also true some meme coin doing well. And has been established in cryptocurrency market. Like Doge coin, Shib coin etc. Now a days this meme coin created good position on coin market. So near future meme coin will play good role i strongly believe it. So if anyone invest on meme coin in this bear market he will get big profit i think. Now best time to buy meme coin. I think within short time cryptocurrency market will go in bull session. When bull session will come then meme coin price will increase speedily. Who will invest on meme coin he will be huge profited there has no doubt i think. I also invest on meme coin. I bought $300 doge coin in low price. I want to sell it minimum 3x to 4x profit. And it will be happen i think. So i am hardly holding and waiting for bull session.
I believe you don't basically understand how meme coins work, they are not like normal cryptocurrencies that you buy in a bear market and hold until the bull market to get profits, they are meme coins and they are totally dependent on community hype to gain any value, and if a meme coin isn't given enough hype, they won't even be able to perform so well in the bull run, that's why, it is better if you invest in proper cryptocurrencies instead of these.

And one more thing which is very much important, meme coins get hyped only once, and once that hype gets over, they drop significantly from the peak and then it will take years for them to try and reach the top again but they can't do it because the hype gets over and they can't move without that.
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