Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now

[Tahid12]

Bitcoin isn't for getting rich overnight. Bitcoin investment will return you small profit but people love to investment with Bitcoin because it ensure the profit without worries. But its true that Wif, FLOKI, SHIBA and Bonk you mentioned, totally change the thought about memeocin. And after seeing gains from these memecoins, investors increased a lots and people now taking part in these risky games for making higher profit from small investment.

[andyou1234]

What you say is true, currently memecoins such as PEPE, FLOKI and BONK are trending and can give you big profits, but you need to know that memecoins will not last forever, in fact the risk of memecoins is also very high, therefore never forget about Bitcoin, even though the profits are not too big, it doesn't worry you too much, and Bitcoin can be used as a very reliable long-term investment in the crypto world.

[Tipstar]

What you say is true, currently memecoins such as PEPE, FLOKI and BONK are trending and can give you big profits, but you need to know that memecoins will not last forever, in fact the risk of memecoins is also very high, therefore never forget about Bitcoin, even though the profits are not too big, it doesn't worry you too much, and Bitcoin can be used as a very reliable long-term investment in the crypto world.

Nothing lasts forever. Bitcoin may outlive most of altcoins we know now but memecoins to have already outlived many so called promising altcoins. Dogecoin is here since more than a decade, Shiba Inu is here for more than 3 years and is still going strong pushing other altcoins out of frame. We only have seen rise on these popular memecoins like PEPE, FLOKI, BONK, etc. so there would be a place where it stops but before that, the investors would have earned x10 or x20 times of their investment. Which is not possible with bitcoin.
Memecoins might not be good for very long term investment but they give you good profit in short period of time.

[d3nz]

BTC is really for long-term investment not to gain profit in a short period. I know that Altcoins are gaining more value since it's much cheaper than BTC but still BTC is the king. It's good to take advantage of the altcoins and gain more profit but Altcoins still depend on the value of the BTC.

[Strongkored]

It cannot be denied that meme-coins once again provide huge profits to their initial holders or those who are very patient in holding them, but of the many meme-coins that have emerged, how many of them can provide large profits like those provided by PEPE and several others, and also how many of them have the holders taken profits? because usually they will always think the price will continue to rise so in the end they will only become long-term holders and see their assets start to fall, while those holding Bitcoin will still be comfortable holding it even though the bullish period ends and they have to wait several years to see Bitcoin rise again. Those who are late in taking profits from meme-coin will only be losers, because most will have difficulty rising at the last highest price.

[btc78]

The real question for those big gainers is how long would they survive?
They might be performing well right now and gaining more than Bitcoin, but could they survive when they fall down? could they bounce back like Bitcoin?

This is billion-dollar question which is missing by the all those are consistently backing these meme coins for the temporary win with they have nothing about future which could be gone into dark age with having no chance of return into normal life because this is surely having no community and worth like Bitcoin.

Who doesn’t want quick money, am I right?

But what we need to understand is albeit quick, it’s difficult to actually earn from memecoins. First there is even no guarantee that it will actually generate some profit. Second you need to have perfect timing in order to maximize the profit you can get. If you just want to invest your money and not worry too much about losses then bitcoin should be the one.

[asriloni]

BTC is really for long-term investment not to gain profit in a short period. I know that Altcoins are gaining more value since it's much cheaper than BTC but still BTC is the king. It's good to take advantage of the altcoins and gain more profit but Altcoins still depend on the value of the BTC.

Not long-term investors should have done it if this investors have small amounts of money. Just wealthy investors should use bitcoin considering they have big capital for this. Little investors never ever attempt to hold this for the long run caused by it will not even worth with the time wasted. Only our time is being wasted. Small investors should avoid Bitcoin. Just to obtain a bitcoin, one must have enormous wealth.

You can only image how long it will take modest investors with a few hundred dollars to see respectable profits from bitcoin. Ten years or longer could pass. Bitcoin price cannot be easily doubled either. The price of bitcoin might rise as a result of the halving, but not much.
With their little sums of money, I hope the small fish will understand that bitcoin is never a worthwhile coin to invest.

[ultrloa]

BTC is really for long-term investment not to gain profit in a short period. I know that Altcoins are gaining more value since it's much cheaper than BTC but still BTC is the king. It's good to take advantage of the altcoins and gain more profit but Altcoins still depend on the value of the BTC.

Not long-term investors should have done it if this investors have small amounts of money. Just wealthy investors should use bitcoin considering they have big capital for this. Little investors never ever attempt to hold this for the long run caused by it will not even worth with the time wasted. Only our time is being wasted. Small investors should avoid Bitcoin. Just to obtain a bitcoin, one must have enormous wealth.

You can only image how long it will take modest investors with a few hundred dollars to see respectable profits from bitcoin. Ten years or longer could pass. Bitcoin price cannot be easily doubled either. The price of bitcoin might rise as a result of the halving, but not much.
With their little sums of money, I hope the small fish will understand that bitcoin is never a worthwhile coin to invest.

Like what? So you mean people should avoid bitcoin since its not worthy for them if they put small money for it? Well yeah that's correct if you put only one time small time for bitcoin then provably you provably waste your time for doing that. But if you are accumulating even for small amount then for sure all accumulated bitcoins over the years will became big. So there's no money and time wasted since they can get benefits from the actions they do.

But for sure those small movements will became big in future since there's provably an improvement will happen that's why don't underestimate the small fish since for sure if they are eager and consistent they can earn big for these hodl plans they do.

Also imagine how bigger the risk for investing on meme coin since for sure that if they could earn some few chunks from it there would be a lot more chance for them to lose big so people should be careful upon dealing meme coin since lots of them is scam. Those meme coins mentioned in this thread is big but we don't know on until when they continue to exist.

[Reatim]

Not long-term investors should have done it if this investors have small amounts of money. Just wealthy investors should use bitcoin considering they have big capital for this.

This is why many investors tend to lean more on projects that are just starting out still. Whether it’s altcoins or memecoins, they will invest in a project that is quite cheap. That way they can immediately see profits compared to with bitcoin which is already very expensive.

But we shouldn’t give up. We can still do the dca method to make our holdings bigger than it is.

[justdimin]

So you mean people should avoid bitcoin since its not worthy for them if they put small money for it? Well yeah that's correct if you put only one time small time for bitcoin then provably you provably waste your time for doing that. But if you are accumulating even for small amount then for sure all accumulated bitcoins over the years will became big. So there's no money and time wasted since they can get benefits from the actions they do.

But for sure those small movements will became big in future since there's provably an improvement will happen that's why don't underestimate the small fish since for sure if they are eager and consistent they can earn big for these hodl plans they do.

Also imagine how bigger the risk for investing on meme coin since for sure that if they could earn some few chunks from it there would be a lot more chance for them to lose big so people should be careful upon dealing meme coin since lots of them is scam. Those meme coins mentioned in this thread is big but we don't know on until when they continue to exist.

Bitcoin is definitely the way to go and not these shitcoins. Bitcoin may not make you rich overnight, but if you invest for long term then you are going to make money from it. The problem with people is that they have seen a few people get rich with whatever method they did, and they want to repeat that for themselves. Just because a few people got lucky doesn't mean that you will too.

These people have a choice, either go with risky stuff like this and lose money like 99% of the people do just for a chance to get richer quicker with that 1% possibility, or just keep accumulating bitcoin for years, even more than a decade, and get wealthy like 99%+ of the people did. I would go with the lowest risk and pick bitcoin easily for sure.

[wxa7115]

Bitcoin is definitely the way to go and not these shitcoins. Bitcoin may not make you rich overnight, but if you invest for long term then you are going to make money from it. The problem with people is that they have seen a few people get rich with whatever method they did, and they want to repeat that for themselves. Just because a few people got lucky doesn't mean that you will too.

These people have a choice, either go with risky stuff like this and lose money like 99% of the people do just for a chance to get richer quicker with that 1% possibility, or just keep accumulating bitcoin for years, even more than a decade, and get wealthy like 99%+ of the people did. I would go with the lowest risk and pick bitcoin easily for sure.

Just as Warren Buffett says ‘Nobody wants to get rich slowly.’

Most investors not only want to get rich, something very difficult already, but they want to do this in a matter of months, and while it is possible, as we have seen some examples of this with meme coins and other shitcoins, this is very unlikely, while those that decide to use a DCA strategy and buy bitcoin whenever they can, may become rich during the next decade or two as long as they remain constant on their efforts.

[mich]

Well there is a new meme coin that was now launched on the Solana blockchain. It is a meme coin from popular hip-hop artist Iggy Azalea and it is seeing big profits.

The meme coin called Mother even did have a rumor of 'insider trading'. But in just 2 days the profits were 1,875%. It went from from $0.004 to $0.075 for each token.

https://u.today/solana-meme-coin-by-iggy-azalea-skyrockets-1875-in-2-days

[Iamcrypticguy]

Bitcoin isn't for getting rich overnight. Bitcoin investment will return you small profit but people love to investment with Bitcoin because it ensure the profit without worries. But its true that Wif, FLOKI, SHIBA and Bonk you mentioned, totally change the thought about memeocin. And after seeing gains from these memecoins, investors increased a lots and people now taking part in these risky games for making higher profit from small investment.

At least someone is realistic. Yes Bitcoin is the ultimate but you need these memecoins to gather liquidity. That's been my strategy. Discover coins from Bitget memezone(Cos they have quick listing speed). Get in, make some gains then sell off and leave a moon-bag😎😎🚀🚀..

[devil-soul]

Of course some memecoins have had a profit, an incredible increase this year, we couldn't have known before but i had to buy some at random, i love pepe

[JamesDaniel90]

Has anyone come across or invested in Dog go to the moon (DOG) ??

I came across it for the first time this morning and looks promising, currently $900m market cap and all of its supply is circulating so think it will do pretty well.

[trendcoin]

...

I understand that in the short term, memecoins, which serve no real purpose, have been performing extremely well. However, it's important to keep in mind that these coins are speculative assets and carry substantial risk...

While Dogecoin holds a special place as the most well-known memecoin, I personally wouldn't consider it a long-term investment. Furthermore, Binance has been delisting projects nowadays that have made meaningful contributions to the cryptocurrency space in the past, indicating that memecoins may not remain listed on Binance for an extended period...

There is a lot of merit in your view, but we should not forget that the period we are in is a transient period...

[Cryptoababe]

You are right. Meme coins like FLOKI, Pepe, and Bonk have been the biggest gainers so far. The performance of these coins has been unbelievable, and so far, they seem safe to hold for a longer period.
Additionally, Floki appears to be more than just a meme coin because it has numerous utilities and use cases. Apart from Wif and the ones you mentioned, I know there are still some meme coins with higher potential, and I'm hoping to get into one of them.

[mich]

Well now there is a social media influencer that is making a meme coin. Andrew Tate now is promoting Solana meme coins like RNT now has marketcap of $33 Million.
And another is called TOPG has marketcap of more then $10 Million. This is only some of those meme coins Andrew Tate is investing in and talking about on his Social Media.
https://beincrypto.com/andrew-tates-meme-coin-controversy/

[Abiky]

I understand that in the short term, memecoins, which serve no real purpose, have been performing extremely well. However, it's important to keep in mind that these coins are speculative assets and carry substantial risk...

While Dogecoin holds a special place as the most well-known memecoin, I personally wouldn't consider it a long-term investment. Furthermore, Binance has been delisting projects nowadays that have made meaningful contributions to the cryptocurrency space in the past, indicating that memecoins may not remain listed on Binance for an extended period...

There is a lot of merit in your view, but we should not forget that the period we are in is a transient period...

Of course. The "meme" coins hype won't last forever. Eventually, major "meme" coins will disappear as people move on to the next big thing in crypto. The only "meme" coin that will survive is Dogecoin. Why forget about Bitcoin when it's the one cryptocurrency that started it all? You'll win more by holding BTC long term than holding worthless "meme" coins. They're highly-speculative and risky.

Just because Elon Musk endorsed Dogecoin, doesn't mean you should put all of your life savings into it. People truly don't understand how crypto works. Hopefully, the industry moves beyond speculative assets ("meme" coins, NFTs, etc) and focuses on utility. Who knows what the future will bring?

[jaberwock]

Of course. The "meme" coins hype won't last forever. Eventually, major "meme" coins will disappear as people move on to the next big thing in crypto. The only "meme" coin that will survive is Dogecoin. Why forget about Bitcoin when it's the one cryptocurrency that started it all? You'll win more by holding BTC long term than holding worthless "meme" coins. They're highly-speculative and risky.

Just because Elon Musk endorsed Dogecoin, doesn't mean you should put all of your life savings into it. People truly don't understand how crypto works. Hopefully, the industry moves beyond speculative assets ("meme" coins, NFTs, etc) and focuses on utility. Who knows what the future will bring?

That is always the case, and yet people are not really smart about that or at least they do not have foresight at all. It is so obvious that memecoins will be gone eventually, maybe in a year, maybe in a decade, but they are not things to hold for long term and everyone should get rid of it one way or another. But they don't, people just don't do it and that's a very sad reality unfortunately.

I think we should just consider this as a bad move, and because of that we need to make sure that we know what we are doing. Just don't invest into them and you are going to be doing a lot better, we can't just make it work some other way. If you do that, then you are going to end up with a great result eventually, just keep working hard for it.