cantraun18h
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September 07, 2023, 03:24:55 AM |
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I don't fully understand your question. While I don't invest in meme coins, as a cryptocurrency investor, I am happy to see meme coin leaders experiencing significant growth during bearish market periods.
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zactrainhd8
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September 07, 2023, 03:34:12 AM |
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Why are you so interested in meme coins? Why don't you specifically ask about a meme coin project you're interested in? If you're seeking input from others, those two questions would be appropriate. It's challenging to find a meme coin with good growth potential and significant profit, believe me, if you don't want to risk losing your entire capital in meme coins
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xanhxanhq7h
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September 07, 2023, 03:39:01 AM |
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Instead of just investing in coins like ARB, OP, EDU, SUI, why not research and invest early in meme coins with a small amount of capital? The key is to take the time to learn. It's very interesting, but to achieve something interesting, the initial investment certainly has to be extremely low
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Sebas.tian
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September 07, 2023, 04:56:55 AM |
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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, I have been seeing meme projects in the market with some positive display that they will stay long to allow their customers to earn more incomes from their investment. It will be favourable if investors can invest half of their money on meme projects and invest the remaining money on potential coins that will not require high risk before they can achieve huge amount of income . I think, meme projects are good for short term holding before you can take the risk to release them for sale, because they can disappear at anytime without giving you any sign that they want to misbehave in the market when you are trying to apply long term holding on them.
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Hanadawa
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September 07, 2023, 07:28:32 AM |
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I think, meme projects are good for short term holding before you can take the risk to release them for sale, because they can disappear at anytime without giving you any sign I can say that meme projects are like gambling and not investment assets. Likewise with some altcoins that do not have the goal of becoming sustainable coins. I agree if you say that meme coins are for taking profits in the short term. Place your money then when it shows the results immediately all out all your bets. In this way, you can minimize the risks of investing in meme coins.
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Godday
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September 07, 2023, 08:32:42 AM |
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Instead of just investing in coins like ARB, OP, EDU, SUI, why not research and invest early in meme coins with a small amount of capital? The key is to take the time to learn. It's very interesting, but to achieve something interesting, the initial investment certainly has to be extremely low
The problem is that meme coins are usually found on DEXs and there are thousands of different types of meme projects there. I think it will be very difficult to find good projects in the beginning because we can't trust their white papers. And if the meme coin has been listed on a large exchange, of course the price will no longer be the same and it will be very difficult to get the lowest price. I think it's like you should spend $1,000 on 10 meme coin projects on DEX or $1,000 on blue chip projects.
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welshhana
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September 07, 2023, 12:51:41 PM |
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Here are some factors to consider when evaluating the profitability of meme coins:
1. Speculative Nature: Meme coins are highly speculative in nature. Their value is often driven more by sentiment and social media trends than by fundamentals, such as a well-defined use case or technology.
2. Volatility: Meme coins are known for extreme price volatility. They can experience rapid price increases followed by sharp declines in a short period. While this volatility can lead to quick profits, it also increases the risk of substantial losses.
3. Lack of Utility: Many meme coins lack clear utility or a practical use case. Unlike some established cryptocurrencies like Bitcoin and Ethereum, which serve as digital assets or platforms for decentralized applications, meme coins may not have a clear long-term value proposition.
4. Pump-and-Dump Schemes: Some meme coins are susceptible to pump-and-dump schemes, where the price is artificially inflated by manipulative actors before collapsing, leaving unsuspecting investors with losses.
5. Regulatory Risks: The regulatory environment for cryptocurrencies is evolving. Some meme coins and their creators may face legal and regulatory scrutiny, which can impact their value and viability.
6. Short-Term vs. Long-Term: Profiting from meme coins often involves short-term trading and timing the market correctly. Long-term investment in meme coins may be riskier due to their speculative nature.
7. Timing and Luck: Success in meme coin investing can sometimes come down to luck and timing. Some investors have made substantial profits by getting in early and selling at the right time, while others have suffered losses.
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Blitzboy
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September 07, 2023, 04:06:51 PM |
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Instead of just investing in coins like ARB, OP, EDU, SUI, why not research and invest early in meme coins with a small amount of capital? The key is to take the time to learn. It's very interesting, but to achieve something interesting, the initial investment certainly has to be extremely low
The problem is that meme coins are usually found on DEXs and there are thousands of different types of meme projects there. I think it will be very difficult to find good projects in the beginning because we can't trust their white papers. And if the meme coin has been listed on a large exchange, of course the price will no longer be the same and it will be very difficult to get the lowest price. I think it's like you should spend $1,000 on 10 meme coin projects on DEX or $1,000 on blue chip projects. DEXs are flooded with meme coins, making it hard to find the good ones. Your mistrust about white papers is justified - they dont always reflect the project's goal or potential. As you noted, meme currencies' price points vary drastically as they hit big exchanges, despite their potential gains. Risk appetite determines whether to invest $1,000 in meme coins or blue chip businesses. I prefer initiatives with a track record, although I understand the appeal of DEXs for finding the next big thing. The crypto industry is always changing, and every decision has pros and cons.
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JunkieMiner
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September 07, 2023, 04:54:31 PM |
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Trading in the meme coins and trading of these coins are really much risky, because we have seen in each market condition whether it is bad condition or good condition the meme coins are almost risky in every situation. So, trading them should take much risk.
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Cadaver20
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September 07, 2023, 07:20:41 PM |
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Ever since Elon Musk supported Dogecoin, meme coin has grown in popularity. As a result, everyone's attention started turning towards meme coin from that time. As a result, a large number of new meme projects are launched in the market. These projects showed a lot of hype in the beginning but after a long time they turned into shitcoins. So I think we should not rely on memecoin.
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Wahyuihib
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Artemis
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September 07, 2023, 07:56:17 PM |
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Ever since Elon Musk supported Dogecoin, meme coin has grown in popularity. As a result, everyone's attention started turning towards meme coin from that time. As a result, a large number of new meme projects are launched in the market. These projects showed a lot of hype in the beginning but after a long time they turned into shitcoins. So I think we should not rely on memecoin.
yes. It seems we really have to be more careful when investing in coin memes. because in my opinion it is difficult for a new coin meme to match its popularity with the old coin meme, namely doge coin
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Fredomago
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September 07, 2023, 08:23:24 PM |
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Trading in the meme coins and trading of these coins are really much risky, because we have seen in each market condition whether it is bad condition or good condition the meme coins are almost risky in every situation. So, trading them should take much risk.
Logically right, both good and bad market condition there's no certain direction for meme asset, more on manipulation and hypes, if you are not willing to take a big risk better not to take part on this kind of project and find another venue for investment, though there are still lots of traders who follows this kind of hypes and still willing to take that big risk, but again, if you are not a fan of it, don't waste both your time and your money. Ever since Elon Musk supported Dogecoin, meme coin has grown in popularity. As a result, everyone's attention started turning towards meme coin from that time. As a result, a large number of new meme projects are launched in the market. These projects showed a lot of hype in the beginning but after a long time they turned into shitcoins. So I think we should not rely on memecoin.
That kind of manipulation really attract the attention of many traders and investors, that kind of market run creates a big hype to the entire market and by that spark, every time there's something unusual that happens traders who are willing to take the risk are present to support and see if what future will bring them, either to lose or to earn, it's not an issue anymore as they allocate money for playing with their fate.
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Raflesia
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September 07, 2023, 08:44:51 PM |
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Surely it's risky for newcomers entering the market, but it's also attracting more new participants to the market. I'm certain that many people understand that. Indeed, the market is mostly comprised of meme coins and shitcoins.
No, new people will not understand such things because they are only tempted by the many times the profit and confidently enter without knowing the risks and the worst possibilities. I'm saying this based on my personal experience because when I was new to crypto, meme tokens were always around and they were doing the same scheme with their pump and dump after they felt that the profit was enough for the project then they would definitely dump tokens like this. New people don't understand that and they end up losing money and feeling cheated when it's their own doing thinking that being in a bad environment (being in a meme coin) is an easy way to make a big profit.
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Ever-young
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September 07, 2023, 08:47:54 PM |
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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 see every-time as the right time for a particular coin, you just have to figure out which one, and every new trends also have their season and how long they can last, it’s only the strong and those who truly have what they want to offer that will survive, so if one can be able to see a good meme coin to invest on, it will be off best interest for the person to DYOR then make their own decision, their are some meme coin which are very promising and they turns out to always give investors some good profit, but they also appears to be risky to some point, which is why if you are to choice any meme coin and invest on them, 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.
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tygeade
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September 08, 2023, 06:11:32 AM |
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Moreover meme coin is a deadly scam and most of the newbie investors are falling into these fake networks. They think it is possible to buy more tokens with small money but it turns out that they are losing their entire money tie. I have researched that the success of meme coin is very low and most smart investors are not willing to invest in these projects. Their success is often short lived and you would be careful to recommend them a new trader who wants to be in the long term game. Just one or two names in the successful memecoins list and its not something that the bitcoin community is proud of. But this method of hype>inflated demand>selling>dumped to the lowest of lows, has been running in different forms for decades now. Identify them before you get burnt. I agree that they are short lived and they are not to be trusted with your money. Meme projects may end up making money for just a short period of time but then it is going to end up being something terrible and you should try to avoid it as much as you possibly can. I think it is smarter to end up making some indicator that it will be doing fine on the long term. And because of that I believe that we need to be careful about how much money we can make from it as well. I get that it is not that easy to make it work, but that doesn't mean that we are going to end up with a good profit, it should be careful about it and you should be making some returns based on how much money you could make from something like this.
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Godday
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September 08, 2023, 08:53:45 AM |
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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.
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lombok
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September 08, 2023, 11:06:01 AM |
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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.
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krava22
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September 08, 2023, 11:10:57 AM |
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most likely due to the oversaturation of the meme token market, people will start to lose faith in cryptocurrency. Therefore, it is better to look at tokens like TFS, which has its own platform and ecosystem
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Ki kos
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September 09, 2023, 05:27:42 AM |
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As far as I know these memecoins are like gambling because they will give you good profit at first but then they will screw you up.Many have stopped investing in this memecoin and I stay away from investing in this memecoin because I know this memeCoin scam is more likely so you should invest carefully.
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lixer
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September 09, 2023, 06:09:25 PM |
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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.
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