Memecoins Making people more profitable than Alts

[Best-mary]

I remember when meme coins weren't a thing, and some people said it was a waste of time to invest in them. You know, because most meme coins either end up rug-pulling investors or causing them to be dumped on. Altcoins in the other hand seem like a safer bet than meme coins due to lower risk. However, risky altcoins exist as well, but that's a discussion for another day.

Now, it's much different. It seems to be that many may have learned from past mistakes and are approaching meme coins differently. Meme coins emerging from the Solana ecosystem, for example, have proven profitable for many. This bull run, coupled with the rise of meme coins, is bringing joy to many investors. So, which meme coin did you invest in that made you profitable how were you able to achieve that, and which one did you FOMO into this quarter?

I can start first, mine was bonk. I invested in Bonk since last year and just locked it up believing that maybe it will rise. Fortunately enough Sol got its grip back then and there I knew something different was going to happen. That's when I decided to focus on another meme and made it a choice of getting in early before the noise.

First thing I do is;
I go to Dexscreener then CMC, to look at some solana memecoins and see their movement like BOME just bought it. I never knew it will go that high and get so much attention and become one of the Sol top meme then its listing on Bitget has made it surged over 700% or so and then Binance announcement on having its derivatives available made it surge more. That's one beautiful thing of buying a memecoin before the noise comes in.

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[Hypnosis00]

Hypes are more profitable than the usual pump like it happen to meme coins and a few altcoins. But the reason why the majority are not investing in meme coins is because of the lack of substantial purpose of these projects. Most of them are still worthless and we can't blame other people for saying that probably because of their bad experiences with them. You should be thankful that they emerged in the Solana System and saved you or else, it is unlikely we see them in the current situation and even turn to another rugpull.

Well, you might be earning a lot from meme coins but the question is how they look after bull season. Because whether we like it or not, only projects that have a use case will stay long in the market. Take this opportunity while still there but don't overthink it will be long-term.

[fapar]

This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.

[AbuBhakar]

More profit but also more loss. Meme coin is a double sword which can give you vast rich or extra poor outcome. All those astronomical price gain is due to its liquidity that makes them very volatile compared to other altcoins that’s why it most favorite tokens to trade by whales since there’s a lot of dumb trader trying to ride the wave while whales are using them as an exit liquidity.

Only those who have an insider connection to the team always first on buying this token while the rest is just playing a dangerous game of sinking boat. There’s sustainability on meme coin which means this gain can be erased anytime.

[Best-mary]

Hypes are more profitable than the usual pump like it happen to meme coins and a few altcoins. But the reason why the majority are not investing in meme coins is because of the lack of substantial purpose of these projects. Most of them are still worthless and we can't blame other people for saying that probably because of their bad experiences with them. You should be thankful that they emerged in the Solana System and saved you or else, it is unlikely we see them in the current situation and even turn to another rugpull.

Well, you might be earning a lot from meme coins but the question is how they look after bull season. Because whether we like it or not, only projects that have a use case will stay long in the market. Take this opportunity while still there but don't overthink it will be long-term.

Hypes is what makes people profitable in meme coins and that's more reason people get into it, if eventually you get into the ones that gets the most hypes and luckily gets listed on exchanges then your money will increase vastly. That's same experience I got with BOME

[Best-mary]

This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.

I won't lie but we know that's what 80% of crypto lovers do here. To make money! Including me, you see this profit I have from this memecoin, I'll rotate it to Any altcoin that haven't started having its peek, when that one does something different too, I take the profit and dump it on BTC. End of my money circulation

[LogitechMouse]

All meme coins are under altcoins. They only have a different category, but anyway...

Now, it's much different. It seems to be that many may have learned from past mistakes and are approaching meme coins differently. Meme coins emerging from the Solana ecosystem, for example, have proven profitable for many. This bull run, coupled with the rise of meme coins, is bringing joy to many investors. So, which meme coin did you invest in that made you profitable how were you able to achieve that, and which one did you FOMO into this quarter?

None.
Even though I re-allocated my total crypto portfolio, and invested on lower market cap coins as compared to what I'm doing most of the time which is to invest in the top coins, I didn't even think of holding meme coins for long run. Obviously, I didn't make any profit in investing in meme coins, but I made losses on it. FOMO into this quarter? None as of the moment, but I might be buying a meme coin that I will be holding for this upcoming bull run if I feel that I need to.

~
First thing I do is;
I go to Dexscreener then CMC, to look at some solana memecoins and see their movement like BOME just bought it. I never knew it will go that high and get so much attention and become one of the Sol top meme then its listing on Bitget has made it surged over 700% or so and then Binance announcement on having its derivatives available made it surge more. That's one beautiful thing of buying a memecoin before the noise comes in.

I visited the website, and it seems like you will find some meme coins out there that can give you profits.
On the other hand, it's all about luck still, and you're lucky that you made profits by investing into BONK, and now BOME. Aside from luck, risk also comes in as well because without risking, you will not get any profits. For me, with the tip that you shared I might find a meme coin out there, and invest some of my money into them hoping to get some profits if it goes popular.

Overall, meme coins can really be more profitable than other alts out there, but always take note that the higher they rise, the lower they can fall, and we might see some meme coins out there rug pulling those investors or we might see meme coins going down really hard after rising up in price. You can make more money in meme coins than other altcoins out there. It's just that it's hard to predict which coins will go up, and boom, but that's what make investing exciting. Meme coins can change your life either negatively, or positively.

[God bless u]

Look it has been a part of a long history that people are trying to make profits from Meme coins but they are so unpredictable that they can't you know forced on Investments.

once you invest into the meme coin then it's not sure that you will get back profits on  investment. they are so volatile that they can just pump 10 times in a day and just on the other hand they can just crash your portfolio. so some stories have good opinion for meme coins because of profit on that and mostly people don't get profits so they don't prefer and don't recommend to invest it depends upon case to case study whether you like to invest on me coin or you  you just run away from the meme coin.

Meme coins are a good option to invest but to study their market value and predict whether it will pump or not it's so you know unachievable and in practical so most people due to lack of skills avoid it.

[wheelz1200]

First off meme coins are altcoins, I think you meant meme coins vs non meme coins.  And yeah in this very moment they are but show me how the thousands of memecoins from 2020 are doing.  The point is eventually they will all go to zero.  Greed is the only driving factor of this run.  It's a zero sum game though because these don't hold any value other than as pump toys.

[Bournesparks]

First off meme coins are altcoins, I think you meant meme coins vs non meme coins.  And yeah in this very moment they are but show me how the thousands of memecoins from 2020 are doing.  The point is eventually they will all go to zero.  Greed is the only driving factor of this run.  It's a zero sum game though because these don't hold any value other than as pump toys.

They may eventually go to zero, but at the moment taking advantage of them might make you some good money. Few days ago apewifhat hit 20m mcap in a day on dex, yesterday BOME did more than 9x with Bitget listing as op mentioned and with binance on the horizon, it may do more.

You need to study the environment and take advantage of the situation. Now the hype is on meme and it's not slowing down..

[kentrolla]

If you are looking for quick profit and high risk then memecoin may do wonders compared to other altcoins projects, but on a long term memecoins don't have much to offer I would say nothing to offer and it will be depending on hype or some crazy billionaire like Elon Musk to endorse it like he did for Doge. We need to think if we are in for gambling or making money through investment and trading. If gambling then go for memecoin but I would suggest we should stay away from them unless they have a working model and use case.

[Oneandpure]

Currently many new meme coins easily for listing on top exchange such as Binance give us opportunity to earn much profitable than top altcoin, today another meme coins BOME unbelievable last several days with this coins publishing and not take longer time to seat in Binance as new coins listing. Most profitable for holder or investor buy Bome coins in the early time launching before listing on the top exchange with potential profitable earned more than x10.
I think very difficult to earn much profit with top altcoin more than x10 in few days investing only, need several weeks or months later to earn much profitable with top altcoin but meme coins can give us fantastic profitable without waiting more longer time. Need to make research with potential meme coins for investing but the meme coins is not list yet on top CEX exchange before.

[ajiz138]

The hype is still happening now the narrative is more about memecoins because of the quick profit, it cannot be denied that after that the meme will drop like a rollercoster.
I will not be so much lulled by memes now, for example, if I buy early and it is profitable, I will immediately take profits and no longer buy on other memes with the same expectations, then the second time profit with the first one will be difficult to find again.
BOME is being pumped because it will be listed on Binance and it is already traded now, so with this news the pump will be even bigger.

[JeromeTash]

But meme coins are also alternate cryptocurrencies or tokens in case you didn't know

Solana is currently a very active place with all kinds of shitcoins. I spotted Solchat and solcard right before they exploded  . Those are the only two tokens I was confident to buy. Most of them don't even have a mere website and social media channels and are just possible rug pulls.

[Bushdark]

There are many meme projects in the market and we just need to select the best because making the mistakes of buying and holding the wrong projects could cost us lose of funds or waiting for too long before we starts making profits from our holdings.
There are also altcoins that are moving well even more than the meme but it's all about community and the potential of the project team to keep doing marketing and promoting the project to keep surging higher.

[PrivacyG]

Meme Coins are making some people a bunch of money.  But they are also making a TON of people poorer.

Timing the Market is extremely difficult generally.  Particularly if you are choosing to time the Cryptocurrency Markets.  So most people get it right once or twice and then mess up badly.  It gives you a false feeling of being capable of timing the Market every time, until you time it wrong and you lose every thing you earned AND part of what you had before.  And this is the semi positive outcome still.

Stay away from extreme volatility.  It always means insane risk.

[Adreman23]

You are fortunate to have caught a meme coin that pumped to such heights. But the biggest question here is which meme coin will be the next to pump like that bome. Everyone wants to profit, and who wouldn't, but not everyone is lucky enough to choose a gem of a meme coin. Personally, if I could predict the next memecoin to pump, I'd go all in. But it's not that simple, Op.

[Yatsan]

Hype indeed, and the domino effect. There are few successful meme tokens such as $PEPE, DOGE, and SHIB who 'made' their names acknowledged in this industry. The bullish pattern recently also have lead to huge price increase rate on these coins and that is wher hype originated, I think. Many meme tokens on dex are succeeding upon its listing and same thing continues with the new ones. Hype is demand, and demand simply is a factor for a price increase. High rate of increase leads to higher earned profit. However, meme tokens and other alts are only for short term. Most of the increase are due to hype and manipulation from big investors so if you're an investor of these token, always be on watch and never miss a thing on their price behavior since decline will be always a risk from time to time. If a market price moved upward quickly then expect for the same thing with crash.

[nelson4lov]

I miss the days where every token that launches/goes live actually originates from Bitcointalk altcoins section. These days, any random person will just launch as long as there ia initial liquidity to power it. That's the beauty of crypto since it is permissionless. It also means that there is limited alpha. I didn't get in on Bome but I've heard rumors that it was a coordinated among some whales — "cabal coin".

OP, how do you spot new memecoins? Do you have like a step by step guide? Maybe it's just ill-luck but majority of memes I bought in the past ended in deep red. Say around the margins of 80-90% negative value drops.

[Troytech]

Firstly meme coins are under alts, if you don't understand what alts are; which means any project, coin, token aside from bitcoin which is the real deal.

You are lucky that your investment in a meme coin paid off and you should leave right away cause they usually end up real bad after the bull run speaking from experience, meme coins have no real utility neither are there solving any problem in the crypto space, there are just built for the mere purpose of making profits and most of them are used as rugpulls by scammers cause they offer huge profits from them.

Better next time you stay away from them.

[2Pizza410000BTC]

If we look closely, we can see that lately people are getting the highest returns by investing in meme coins. The amount of return people are getting by investing in meme coins is providing money for their lifetime. If we look at the market, we can see that two meme coins have entered the market in the past few days, namely Book of Meme (BOME) and Dogwifhat (WIF). These two memes have given people the amount of money that has made them millionaires. 'Book of Meme' (BOME) has pumped over 32000% in just a few days, so imagine how much people have profited from it. Dogwifhat is another meme coin that was almost worthless when it hit the market in late 2023. Notice how much this coin is pumping in the current market. That's why I think meme coins are giving people the most money returns these days. One who is favored by fortune becomes the owner of millions by investing in meme coins.

[Zaguru12]

if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.

No matter how we try to differentiate it any coin that’s not a bitcoin is an Altcoins so the memecoins also goes into that category of an altcoin. The Memecoins are just pure pump and dump coin and only last longer depending on their hype around the market or how the developers continues to drive it. The memecoins are mostly gotten advantage of by early investors which are mostly insiders or their famers who we know engage daily on them and could have found them worthy. When this coins are known the hype drives them up and as more People jump on it they tend to pump until the hype dies down. This memecoins are personally to me should be treated as a pump and dump coin and never as a long term hold and even if one decides to go in either long or short it should be with a coffee money as they risk is high just as the return.

With the hype currently on Solana, I expects its memes to do well this bull run just like ICO projects did in the 2016/2017 or 2020/2021 bull run

[shinratensei_]

indeed there are various meme coin getting into the market and get massive increase just like that out of nowhere no reason at all but suddenly everyone invested in it, make me confused how people are so bullish about certain meme coin but not the other meme coin how that works still baffle me

on the bright side, so many people are profitting big time from this BOME but for those that late unfortunately you shouldn't buy other than being an exit liquidity but certainly there are still many ways to make profit probably to hold when the price dipping and wait until there's next big rally with bitcoin maybe it can become profitable for long term.

personally i don't really like investing in meme coin long term i like to invest short term buying when the price is rather low and just dump it when the price is high.
thats my strategy with meme coins in general, but this book of meme coin definitely caught me off guard that I don't have any chance to buy when it was still early.

[Bureau]

Firstly meme coins are under alts, if you don't understand what alts are; which means any project, coin, token aside from bitcoin which is the real deal.

You are lucky that your investment in a meme coin paid off and you should leave right away cause they usually end up real bad after the bull run speaking from experience, meme coins have no real utility neither are there solving any problem in the crypto space, there are just built for the mere purpose of making profits and most of them are used as rugpulls by scammers cause they offer huge profits from them.

Better next time you stay away from them.

As per my understanding anything apart from Bitcoin is considered altcoins. I would then consider meme coins as an altcoin. There are others who consider them to be joke coins or shit coins.

Infact investment in meme coins again is becoming profitable. The duration is small and if investment is done correctly memecoins are giving insane returns on investment.  There is nothing wrong in earning profits as everyone is here to generate profit on thier investment.

[Belarge]

The market is open for everyone, not just statistical data but also encouraging people earning profits. There's more to know about the system, I know how difficult and challenging it will for newbies to quickly row with the system. Memecoins are the trends we're talking about when it involves  bullish run ups. I've been in positions to entrapped my losses and pictured them to transform to profits in the space. Altcoins are the same thing as memecoins, don't get it twisted but the trending coins that found itself on the lips of every trader and investors are preferable called memecoins.

[wxa7115]

I remember when meme coins weren't a thing, and some people said it was a waste of time to invest in them. You know, because most meme coins either end up rug-pulling investors or causing them to be dumped on. Altcoins in the other hand seem like a safer bet than meme coins due to lower risk. However, risky altcoins exist as well, but that's a discussion for another day.

Now, it's much different. It seems to be that many may have learned from past mistakes and are approaching meme coins differently. Meme coins emerging from the Solana ecosystem, for example, have proven profitable for many. This bull run, coupled with the rise of meme coins, is bringing joy to many investors. So, which meme coin did you invest in that made you profitable how were you able to achieve that, and which one did you FOMO into this quarter?

Meme coins are altcoins too and most altcoins are still a complete waste of money, now it is clear that with so many people being interested in them, that some success stories will appear, which will inspire other investors to follow on their footsteps.

But those profits do not come from nowhere, in order for those monster gains to appear, others have to suffer monster losses as well, and when you add that it is almost impossible to predict which meme coin will succeed, it is not surprising that a great deal of the community still has huge misgivings about investing in meme coins.

[Reatim]

To be honest there was a time where I would also have said that memecoins
Were basically useless and a waste of time. But we are seeing coins like doge
and shiba inu doing well and I also think they are profitable coins to invest in.

Memecoins have now changed their strategy but they are still altcoins and altcoins
are still risky and volatile. The key is to choose the best possible coins and make the best possible decisions.

[fapar]

This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.

I won't lie but we know that's what 80% of crypto lovers do here. To make money! Including me, you see this profit I have from this memecoin, I'll rotate it to Any altcoin that haven't started having its peek, when that one does something different too, I take the profit and dump it on BTC. End of my money circulation

In this case, you have chosen the right strategy, although I adhere to more conservative views. Yes, memcoins and their creators do not feel the burden of obligations compared to full-fledged altcoins. "Just for Fun" was created. I tried some tokens on Solana to make quick money - solscan + bonkbot + telegram channels - but I realized that in this case you need more involvement and enthusiasm than I currently have.

[Best-mary]

Look it has been a part of a long history that people are trying to make profits from Meme coins but they are so unpredictable that they can't you know forced on Investments.

once you invest into the meme coin then it's not sure that you will get back profits on  investment. they are so volatile that they can just pump 10 times in a day and just on the other hand they can just crash your portfolio. so some stories have good opinion for meme coins because of profit on that and mostly people don't get profits so they don't prefer and don't recommend to invest it depends upon case to case study whether you like to invest on me coin or you  you just run away from the meme coin.

Meme coins are a good option to invest but to study their market value and predict whether it will pump or not it's so you know unachievable and in practical so most people due to lack of skills avoid it.

Oh yes, you're highly welcome also be very much careful on memes you buy, check if they're rug pull or not like doing more info then check if there's anything concerning the developers talking about getting listed on a cex just like this BOME did and it did over that percentage because of how it all started

[Best-mary]

I miss the days where every token that launches/goes live actually originates from Bitcointalk altcoins section. These days, any random person will just launch as long as there ia initial liquidity to power it. That's the beauty of crypto since it is permissionless. It also means that there is limited alpha. I didn't get in on Bome but I've heard rumors that it was a coordinated among some whales — "cabal coin".

OP, how do you spot new memecoins? Do you have like a step by step guide? Maybe it's just ill-luck but majority of memes I bought in the past ended in deep red. Say around the margins of 80-90% negative value drops.

I do have, but that will be a topic of another day if you don't mind. This particular memecoin, to be honest, I'll say I did extra research to know what it is all about to know why it was developed because I never see a good sense in it. So when I went over on twitter and saw that they made an announcement that it will be listed on exchanges. Then I saw that Bitget is the first cex that listed it, made BOME rise to that percentage I wrote then other cex started listing then Binance the last to list which gave it more fuel to the price

[Best-mary]

But meme coins are also alternate cryptocurrencies or tokens in case you didn't know

Solana is currently a very active place with all kinds of shitcoins. I spotted Solchat and solcard right before they exploded  . Those are the only two tokens I was confident to buy. Most of them don't even have a mere website and social media channels and are just possible rug pulls.

Oh wow, you also came across SOLchat? That's interesting. I do have the feeling that the project will be awesome. Did you check website as well? They were talking about something airdrop but with a little task...

You see,I saw this when I was researching on BOME, for me I don't think there's much hassle in finding different alt or meme, one could be a blessing of another

[Obim34]

I remember when meme coins weren't a thing, and some people said it was a waste of time to invest in them. You know, because most meme coins either end up rug-pulling investors or causing them to be dumped on. Altcoins in the other hand seem like a safer bet than meme coins due to lower risk. However, risky altcoins exist as well, but that's a discussion for another day.

Now, it's much different. It seems to be that many may have learned from past mistakes and are approaching meme coins differently. Meme coins emerging from the Solana ecosystem, for example, have proven profitable for many. This bull run, coupled with the rise of meme coins, is bringing joy to many investors. So, which meme coin did you invest in that made you profitable how were you able to achieve that, and which one did you FOMO into this quarter?

Meme coins are altcoins too and most altcoins are still a complete waste of money, now it is clear that with so many people being interested in them, that some success stories will appear, which will inspire other investors to follow on their footsteps.

But those profits do not come from nowhere, in order for those monster gains to appear, others have to suffer monster losses as well, and when you add that it is almost impossible to predict which meme coin will succeed, it is not surprising that a great deal of the community still has huge misgivings about investing in meme coins.

In every Altcoin market their must be some bad ones and the good ones all together, it would not matter as we often generalize Altcoins and Memecoins as being risky despite having the ones that are capable of giving good returns of profit. Some Memecoins is to be avoided but not totally avoided, their are few which is worth for we investing in them, I know some which deserves such, so we best take our time and dog watch which of the memecoins is suitable and profitable to invest in.

[Best-mary]

If we look closely, we can see that lately people are getting the highest returns by investing in meme coins. The amount of return people are getting by investing in meme coins is providing money for their lifetime. If we look at the market, we can see that two meme coins have entered the market in the past few days, namely Book of Meme (BOME) and Dogwifhat (WIF). These two memes have given people the amount of money that has made them millionaires. 'Book of Meme' (BOME) has pumped over 32000% in just a few days, so imagine how much people have profited from it. Dogwifhat is another meme coin that was almost worthless when it hit the market in late 2023. Notice how much this coin is pumping in the current market. That's why I think meme coins are giving people the most money returns these days. One who is favored by fortune becomes the owner of millions by investing in meme coins.

Yes you're right. Thats why I took the opportunity as I stated on my post. Because we never can tell which one will be profitable.. In the long run, we all know these memecoins will be worthless so, why not make it shine when you can? That's the question I always ask myself

[Best-mary]

indeed there are various meme coin getting into the market and get massive increase just like that out of nowhere no reason at all but suddenly everyone invested in it, make me confused how people are so bullish about certain meme coin but not the other meme coin how that works still baffle me

on the bright side, so many people are profitting big time from this BOME but for those that late unfortunately you shouldn't buy other than being an exit liquidity but certainly there are still many ways to make profit probably to hold when the price dipping and wait until there's next big rally with bitcoin maybe it can become profitable for long term.

personally i don't really like investing in meme coin long term i like to invest short term buying when the price is rather low and just dump it when the price is high.
thats my strategy with meme coins in general, but this book of meme coin definitely caught me off guard that I don't have any chance to buy when it was still early.

Since BOME is already listed on exchanges and bitget been the first to go for it, that strategy isn't bad at all and I suggest that people take it so it wouldn't be a sad story at the end

[Best-mary]

This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.

I won't lie but we know that's what 80% of crypto lovers do here. To make money! Including me, you see this profit I have from this memecoin, I'll rotate it to Any altcoin that haven't started having its peek, when that one does something different too, I take the profit and dump it on BTC. End of my money circulation

In this case, you have chosen the right strategy, although I adhere to more conservative views. Yes, memcoins and their creators do not feel the burden of obligations compared to full-fledged altcoins. "Just for Fun" was created. I tried some tokens on Solana to make quick money - solscan + bonkbot + telegram channels - but I realized that in this case you need more involvement and enthusiasm than I currently have.

Yes, you need more involvement to know what and why these meme coins are created and who they community members are. If not, there are many meme coins you will see as useless just like this particular one that took people by surprise. But the more you engage in their system, the better reason you would have to buy it

[|MINER|]

There are some memecoins that have made many people very profitable overnight.We've seen this recent Shiba Inu skyrocket in price.Moreover, there are other memecoins that have been seen to increase in price much faster.  There are also such altcoins.Which have gone up in price overnight.There are also some memecoins through which people are transformed into fakirs overnight.There are also altcoins by which people have become victims of Islam.So it is not possible to compare one with the other as if one is ahead of the other.

[odunybiz]

Firstly meme coins are under alts, if you don't understand what alts are; which means any project, coin, token aside from bitcoin which is the real deal.

You are lucky that your investment in a meme coin paid off and you should leave right away cause they usually end up real bad after the bull run speaking from experience, meme coins have no real utility neither are there solving any problem in the crypto space, there are just built for the mere purpose of making profits and most of them are used as rugpulls by scammers cause they offer huge profits from them.

Better next time you stay away from them.

As per my understanding anything apart from Bitcoin is considered altcoins. I would then consider meme coins as an altcoin. There are others who consider them to be joke coins or shit coins.

Infact investment in meme coins again is becoming profitable. The duration is small and if investment is done correctly memecoins are giving insane returns on investment.  There is nothing wrong in earning profits as everyone is here to generate profit on thier investment.

Memecoin may be profitable but it come with high risk. One needs to consider this risk risk before investing so one won't end up losing much investing in them.

[arjunmujay]

If we look closely, we can see that lately people are getting the highest returns by investing in meme coins. The amount of return people are getting by investing in meme coins is providing money for their lifetime. If we look at the market, we can see that two meme coins have entered the market in the past few days, namely Book of Meme (BOME) and Dogwifhat (WIF). These two memes have given people the amount of money that has made them millionaires. 'Book of Meme' (BOME) has pumped over 32000% in just a few days, so imagine how much people have profited from it. Dogwifhat is another meme coin that was almost worthless when it hit the market in late 2023. Notice how much this coin is pumping in the current market. That's why I think meme coins are giving people the most money returns these days. One who is favored by fortune becomes the owner of millions by investing in meme coins.

That's true, but memecoin still has a very high risk compared to other altcoins.
It would be better if we only put a small amount of money there, where the money will not affect us when it is actually lost. If you look at the pump, even if you put in a little money, it will definitely be much more because the increase in memecoin is very high, it can be 10X to 100X.

[cryptoaddictchie]

First thing I do is;
I go to Dexscreener then CMC, to look at some solana memecoins and see their movement like BOME just bought it. I never knew it will go that high and get so much attention and become one of the Sol top meme then its listing on Bitget has made it surged over 700% or so and then Binance announcement on having its derivatives available made it surge more. That's one beautiful thing of buying a memecoin before the noise comes in.

Well lucky or fortunate for those who bought even at presale stage. Actually some alts are noy moving but lets not forget that alts with actual product are more good or stable than these memecoins. If you earned from meme then congrats but dont hug them too much or at least if you are willing to risk for it just be ready to lose at least.

[NewRanger]

First thing I do is;
I go to Dexscreener then CMC, to look at some solana memecoins and see their movement like BOME just bought it. I never knew it will go that high and get so much attention and become one of the Sol top meme then its listing on Bitget has made it surged over 700% or so and then Binance announcement on having its derivatives available made it surge more. That's one beautiful thing of buying a memecoin before the noise comes in.

Indeed, many good opportunities will be missed but don't regret other opportunities that will come. But, That's one real example if there is good news that continues to come into the market for that token, Yes. I also saw it in several media that the token is a trending topic for meme coins at the moment.

Now. Whatever the first buyer there is a king and the first one to smile feels the take profit of course and don't forget the loss moment if you enter now it's a mistake to get caught up in fomo or hype because this is a mind game where if you want to enter the market now you should just wait for a correction and this really requires patience if you want to buy the coin,

[Saisher]

I remember when meme coins weren't a thing, and some people said it was a waste of time to invest in them. You know, because most meme coins either end up rug-pulling investors or causing them to be dumped on. Altcoins in the other hand seem like a safer bet than meme coins due to lower risk. However, risky altcoins exist as well, but that's a discussion for another day.

Meme coins are considered altcoins, only Bitcoin is not altcoin, and these meme coins/tokens could not have take off without Elon Musk it disrupt the market because so many developers are creating meme coins on every chain because this is a trend coin and where investors are making money because of the wave.
I thought after Shiba Inu there would never be another meme wave but looks there's Pepe and every chain has their version of meme coin like Brett of the Solana chain.
I guess this meme coin will continue in the next two years or even more.

[Mate2237]

Op all depends on the time, plan and period of the investment. Hypes are to implement the profits of the memecoins but even at that I still take altcoins. Altcoins are more profitable then memecoins. But that can happen if you are investing in short or long term. If it is short term then you can invest in memecoins and if it is long term then I advise you to invest in altcoins. Though not all altcoins are good to invest and likewise with the memecoins and memecoins are even the worse.

Most of the memecoins are from Ponzi Scheme family so they are not last. And also people lost money in memecoins. So be careful with them.

[Best-mary]

First thing I do is;
I go to Dexscreener then CMC, to look at some solana memecoins and see their movement like BOME just bought it. I never knew it will go that high and get so much attention and become one of the Sol top meme then its listing on Bitget has made it surged over 700% or so and then Binance announcement on having its derivatives available made it surge more. That's one beautiful thing of buying a memecoin before the noise comes in.

Indeed, many good opportunities will be missed but don't regret other opportunities that will come. But, That's one real example if there is good news that continues to come into the market for that token, Yes. I also saw it in several media that the token is a trending topic for meme coins at the moment.

Now. Whatever the first buyer there is a king and the first one to smile feels the take profit of course and don't forget the loss moment if you enter now it's a mistake to get caught up in fomo or hype because this is a mind game where if you want to enter the market now you should just wait for a correction and this really requires patience if you want to buy the coin,

Yes, meme coins is about getting early or entering when the hype just started. If you get in when is already priced in, my dear, you will be the sell liquidity. That's where the mind game comes, and that's what many did including me

[Best-mary]

Op all depends on the time, plan and period of the investment. Hypes are to implement the profits of the memecoins but even at that I still take altcoins. Altcoins are more profitable then memecoins. But that can happen if you are investing in short or long term. If it is short term then you can invest in memecoins and if it is long term then I advise you to invest in altcoins. Though not all altcoins are good to invest and likewise with the memecoins and memecoins are even the worse.

Most of the memecoins are from Ponzi Scheme family so they are not last. And also people lost money in memecoins. So be careful with them.

Memecoins don't last and we all know what and why they were made. Not like I'm supporting them, but in all honesty, they give quick money.
If I did want to invest my money without my heart skipping then I'll option in for alts, exchange token like BGB and bitcoi because I know my money won't lag In any of these. This one is just an extra profit to make in the meantime

[Mate2237]

Memecoins don't last and we all know what and why they were made. Not like I'm supporting them, but in all honesty, they give quick money.
If I did want to invest my money without my heart skipping then I'll option in for alts and bitcoin. This one is just an extra profit to make in the meantime

Op from your point of the argument, do you also agree that memecoins are also airdrops? Because the characteristics of memecoins are also found in the Airdrops and the investment methods are there the same I also see them as one both the altcoins are all the same. But what I also discovered there are stages of this movement. At first when they are launched in the ecosystem they are called different names both in shitcoins, airdrops and memecoins and this is when they are in the short term investment or live shortly but whereby when the project stay and becomes fruitful and gain ground in the ecosystem and increase in value then it because altcoins.

Therefore I also see no different among them.

[Romeotom]

The trick of pumping through a hype is created where a lot of memecoin and altcoins price gouging activity takes place. However memecoin's pump is seen for a very short period of time so it may set your research aside. You can earn a lot from meme coins but the question is to find out how they look after the bull season. There are many memecoins that will be considered dead after the bull market.

[Bournesparks]

The trick of pumping through a hype is created where a lot of memecoin and altcoins price gouging activity takes place. However memecoin's pump is seen for a very short period of time so it may set your research aside. You can earn a lot from meme coins but the question is to find out how they look after the bull season. There are many memecoins that will be considered dead after the bull market.

That's true. The key in smart entry and exit. Made x8 from BOME on Bitget, now I've rotated to memecoins like SNAP and IQ50 and I'll keep rotating as we go along. Before splitting my profits into quality alts.. it's a game that needs to be played well mate..

[arjunmujay]

The trick of pumping through a hype is created where a lot of memecoin and altcoins price gouging activity takes place. However memecoin's pump is seen for a very short period of time so it may set your research aside. You can earn a lot from meme coins but the question is to find out how they look after the bull season. There are many memecoins that will be considered dead after the bull market.

That's true. The key in smart entry and exit. Made x8 from BOME on Bitget, now I've rotated to memecoins like SNAP and IQ50 and I'll keep rotating as we go along. Before splitting my profits into quality alts.. it's a game that needs to be played well mate..

Nothing is eternal in meme coins, especially meme coins that have just been listed. Of course, asset transfers will continue to occur, it could be in Pepe this week, next week in Bonk and so on. and so on.
So it's better to keep abreast of developments in which direction investors are putting their money. Don't even put money in coins that investors have just left so that there is no loss due to buying at a high price.

[Claymore2]

Meme coins can bring big wins, but they're risky. Their liquidity makes them very volatile, which whales use to their advantage. Those with insider connections usually benefit most. For others, it's like playing a risky game. Meme coins' gains can vanish fast, so be careful when trading them.

[Sebas.tian]

More profit but also more loss. Meme coin is a double sword which can give you vast rich or extra poor outcome. All those astronomical price gain is due to its liquidity that makes them very volatile compared to other altcoins that’s why it most favorite tokens to trade by whales since there’s a lot of dumb trader trying to ride the wave while whales are using them as an exit liquidity.

Only those who have an insider connection to the team always first on buying this token while the rest is just playing a dangerous game of sinking boat. There’s sustainability on meme coin which means this gain can be erased anytime.

The losses that involved in the memecoins are more higher than the profits that involved, which many altcoins investors don't know because memecoins are not like those potential coins you will embrace in the time of purchase and have a comfortable believe that you will achieve something reasonable from the coins.  If you use the price to determine the future of memecoins in the market, I think it will make you feel uncomfortable in the future because you will not see anything that will be giving you hope that the market price will soon change for you to release them to recover your capital. Why can't you invest the money to Ethereum that many investors are use to in the market, because it used to caused their investors to make passive income.

[Adbitco]

I remember when meme coins weren't a thing, and some people said it was a waste of time to invest in them. You know, because most meme coins either end up rug-pulling investors or causing them to be dumped on. Altcoins in the other hand seem like a safer bet than meme coins due to lower risk. However, risky altcoins exist as well, but that's a discussion for another day.

Common we should be able to know all these things mate and you should step up, sometimes it keeps me wonderings why people till this stage can not differentiate altcoin correctly instead they misquote the whole thing. Keep this at back of your mind that anything other than bitcoin is altcoin they are both classified as one so there is no difference between altcoins and memecoin they are same thing just that memecoin is just name category were we do have AI coin, Memecoin, L1/L2 coin and whatever but in General they are all classified as altcoin.

[Best-mary]

More profit but also more loss. Meme coin is a double sword which can give you vast rich or extra poor outcome. All those astronomical price gain is due to its liquidity that makes them very volatile compared to other altcoins that’s why it most favorite tokens to trade by whales since there’s a lot of dumb trader trying to ride the wave while whales are using them as an exit liquidity.

Only those who have an insider connection to the team always first on buying this token while the rest is just playing a dangerous game of sinking boat. There’s sustainability on meme coin which means this gain can be erased anytime.

The losses that involved in the memecoins are more higher than the profits that involved, which many altcoins investors don't know because memecoins are not like those potential coins you will embrace in the time of purchase and have a comfortable believe that you will achieve something reasonable from the coins.  If you use the price to determine the future of memecoins in the market, I think it will make you feel uncomfortable in the future because you will not see anything that will be giving you hope that the market price will soon change for you to release them to recover your capital. Why can't you invest the money to Ethereum that many investors are use to in the market, because it used to caused their investors to make passive income.

I know that the losses are enormous that's why I don't hold them long the way I do for Alts with potential. If you read through how I did for BOME you will notice I sold immediately the hype. Then, invest in good alts, then Btc

That's why is good to always have a cex that gets to list both memes and Alts before others. That's just my luck

[fapar]

This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.

I won't lie but we know that's what 80% of crypto lovers do here. To make money! Including me, you see this profit I have from this memecoin, I'll rotate it to Any altcoin that haven't started having its peek, when that one does something different too, I take the profit and dump it on BTC. End of my money circulation

In this case, you have chosen the right strategy, although I adhere to more conservative views. Yes, memcoins and their creators do not feel the burden of obligations compared to full-fledged altcoins. "Just for Fun" was created. I tried some tokens on Solana to make quick money - solscan + bonkbot + telegram channels - but I realized that in this case you need more involvement and enthusiasm than I currently have.

Yes, you need more involvement to know what and why these meme coins are created and who they community members are. If not, there are many meme coins you will see as useless just like this particular one that took people by surprise. But the more you engage in their system, the better reason you would have to buy it

For me, my activities in crypto are a side chain to my activities in real life. Take today's situation with $SLERF. I would say that this is what Solana is all about. If something crazy happens (both positive and negative), now it almost always happens only in Solana. And by the way, it turned out funny for $BOME - Binance says that it will tighten the requirements for listing and will list $BOME itself.

[Sophokles]

Its really surprising, and it seems the community is enjoying it. There must be some mind behind all these show and they are well funded. But i am not sure how long they are going to keep doing it because they are just distributing free money to people. Solana already had one top meme project Bonk, then wif, wen and few others made their position at the top by attracting billions of dollars. Now most of the top meme projects are on solana. Solana is becoming a blockchain meme project?

[Chibaba]

Hypes are more profitable than the usual pump like it happen to meme coins and a few altcoins. But the reason why the majority are not investing in meme coins is because of the lack of substantial purpose of these projects. Most of them are still worthless and we can't blame other people for saying that probably because of their bad experiences with them. You should be thankful that they emerged in the Solana System and saved you or else, it is unlikely we see them in the current situation and even turn to another rugpull.

Well, you might be earning a lot from meme coins but the question is how they look after bull season. Because whether we like it or not, only projects that have a use case will stay long in the market. Take this opportunity while still there but don't overthink it will be long-term.

I feel trading crypto is all about making profit and the hype around any project usually give room for profit taking which is what meme coin hunters are leveraging for gains. I doubt if most of meme coin traders are holding those tokens. I did same with SLERF upon its listing but profit taken was not much before the free fall. I will be looking for another buy opportunity in this dip cos it seem the dev is working hard to fix the project.

Its really surprising, and it seems the community is enjoying it. There must be some mind behind all these show and they are well funded. But i am not sure how long they are going to keep doing it because they are just distributing free money to people. Solana already had one top meme project Bonk, then wif, wen and few others made their position at the top by attracting billions of dollars. Now most of the top meme projects are on solana. Solana is becoming a blockchain meme project?

I don't think Solana has more meme coin than what's available on Ethereum. There are other good Alts on the Solana that have proven it to be the third largest blockchain. PYTH is one of the recent. I feel we are yet to see what Solana has to offer and we need to keep it really close in this bull run

[wxa7115]

Meme coins are altcoins too and most altcoins are still a complete waste of money, now it is clear that with so many people being interested in them, that some success stories will appear, which will inspire other investors to follow on their footsteps.

But those profits do not come from nowhere, in order for those monster gains to appear, others have to suffer monster losses as well, and when you add that it is almost impossible to predict which meme coin will succeed, it is not surprising that a great deal of the community still has huge misgivings about investing in meme coins.

In every Altcoin market their must be some bad ones and the good ones all together, it would not matter as we often generalize Altcoins and Memecoins as being risky despite having the ones that are capable of giving good returns of profit. Some Memecoins is to be avoided but not totally avoided, their are few which is worth for we investing in them, I know some which deserves such, so we best take our time and dog watch which of the memecoins is suitable and profitable to invest in.

If that is your stance I can understand it, but I have the opposite view, the majority of meme coins are not worth your investment, and when I say the majority I am talking about 95% to 99% of all the meme coins that exist.

So when the percentage of meme coins that are not worth our money is so low, I am not going to use my limited time trying to find a needle in a haystack, to me it is better to look for projects with much higher chances of giving you a positive return, even if that means that return is smaller.

[Rasa nanas]

The trick of pumping through a hype is created where a lot of memecoin and altcoins price gouging activity takes place. However memecoin's pump is seen for a very short period of time so it may set your research aside. You can earn a lot from meme coins but the question is to find out how they look after the bull season. There are many memecoins that will be considered dead after the bull market.

It's not always like that because there are some meme coins that can maintain their popularity over a very long period of time. for example doge and shib which managed to maintain the hype in the long term and are now part of the big altcoins. and research is used to determine which meme coins have the potential for future hype, and when you succeed in making a profit, sell them immediately because not all meme coins can maintain the hype or popularity.

[Obim34]

Meme coins are altcoins too and most altcoins are still a complete waste of money, now it is clear that with so many people being interested in them, that some success stories will appear, which will inspire other investors to follow on their footsteps.

But those profits do not come from nowhere, in order for those monster gains to appear, others have to suffer monster losses as well, and when you add that it is almost impossible to predict which meme coin will succeed, it is not surprising that a great deal of the community still has huge misgivings about investing in meme coins.

In every Altcoin market their must be some bad ones and the good ones all together, it would not matter as we often generalize Altcoins and Memecoins as being risky despite having the ones that are capable of giving good returns of profit. Some Memecoins is to be avoided but not totally avoided, their are few which is worth for we investing in them, I know some which deserves such, so we best take our time and dog watch which of the memecoins is suitable and profitable to invest in.

If that is your stance I can understand it, but I have the opposite view, the majority of meme coins are not worth your investment, and when I say the majority I am talking about 95% to 99% of all the meme coins that exist.

So when the percentage of meme coins that are not worth our money is so low, I am not going to use my limited time trying to find a needle in a haystack, to me it is better to look for projects with much higher chances of giving you a positive return, even if that means that return is smaller.

Let's not be too sentimal, you actually judging from a deductive aspect, memecoins are known to be hirely misleading but out of them all, few have been proven to be successful, many investors has gotten enough profits risking it in these memecoins and earned a lot more than they have in any Altcoin. It is advisable when dealing with memecoins, one should invest little, something we can do without even if the price drops to zero, it wouldn't affect our standards of living, we only need to apply caution when dealing with them and not totally avoiding them, it's a personal decision aswell.

[batang_bitcoin]

Memecoins are also alts.

Let's not be too sentimal, you actually judging from a deductive aspect, memecoins are known to be hirely misleading but out of them all, few have been proven to be successful, many investors has gotten enough profits risking it in these memecoins and earned a lot more than they have in any Altcoin. It is advisable when dealing with memecoins, one should invest little, something we can do without even if the price drops to zero, it wouldn't affect our standards of living, we only need to apply caution when dealing with them and not totally avoiding them, it's a personal decision aswell.

Well, because they're successful they've become relevant. But if it's not for their success and not for the start of dogecoin then most of them aren't really going to be as good what they are right now. Those that have been developing memecoins, they're just going to repeat the cycle and will continue to earn from this hype and market.

[Makus]

Memecoins are also alts.

Sure, memecoins are also altcoins so why would the op make such a statement with all the experience he has here in this forum. Aside Bitcoin, all other coins are altcoins. However meme coins are know to be more volatile than other coins, and that means they can pump rapidly or dump rapidly. So in as much as they make investor become rich, they can also drain make them encounter lots of loses. Due to the fact that memecoins are the current hype, we now have lots of scam project that will definitely become shitcoins after a while, meme coins are short term coins for investment.

[mdzahed134]

If we look closely, we can see that lately people are getting the highest returns by investing in meme coins. The amount of return people are getting by investing in meme coins is providing money for their lifetime. If we look at the market, we can see that two meme coins have entered the market in the past few days, namely Book of Meme (BOME) and Dogwifhat (WIF). These two memes have given people the amount of money that has made them millionaires. 'Book of Meme' (BOME) has pumped over 32000% in just a few days, so imagine how much people have profited from it. Dogwifhat is another meme coin that was almost worthless when it hit the market in late 2023. Notice how much this coin is pumping in the current market. That's why I think meme coins are giving people the most money returns these days. One who is favored by fortune becomes the owner of millions by investing in meme coins.

That's true, but memecoin still has a very high risk compared to other altcoins.
It would be better if we only put a small amount of money there, where the money will not affect us when it is actually lost. If you look at the pump, even if you put in a little money, it will definitely be much more because the increase in memecoin is very high, it can be 10X to 100X.

Right, if MEME coins are very high risk so we can try with small amount of money, then if the project will not success so there are no chance to affect on our life, because with small amount of money your risk is less as like 10$-20$ but profit can be high even some people got million dollars just invest some dollars in MEME projects, SHIBA INU can be a big example.

[johnsaributua]

I often hear statements about how alienated, discarded or not considered as an investment maybe a few years ago, it makes me stifled. But with the positive impact generated from memecoin and its development, real meme coins bring profits. potentially early and get a short return (analysis) Indeed, everyone can choose to hold fundamental coins in the bull season like today, even though the benefits may not be too significant, if you talk about stability, of course it's a reality.

For me it is difficult to get a usecase coin price that is already very high can plunge to the bottom with no dirty notes (for example luna) and even tends to be very long to expect. Surviving in long-term assets for me is only 2 main coins, the rest I prefer to take profit especially memecoins with very effective hype. of course I prefer scalping meme coins, if saving 50% for other long-term usecase coins is also wiser, in my opinion.

[kentrolla]

Meme coins are altcoins too and most altcoins are still a complete waste of money, now it is clear that with so many people being interested in them, that some success stories will appear, which will inspire other investors to follow on their footsteps.

But those profits do not come from nowhere, in order for those monster gains to appear, others have to suffer monster losses as well, and when you add that it is almost impossible to predict which meme coin will succeed, it is not surprising that a great deal of the community still has huge misgivings about investing in meme coins.

In every Altcoin market their must be some bad ones and the good ones all together, it would not matter as we often generalize Altcoins and Memecoins as being risky despite having the ones that are capable of giving good returns of profit. Some Memecoins is to be avoided but not totally avoided, their are few which is worth for we investing in them, I know some which deserves such, so we best take our time and dog watch which of the memecoins is suitable and profitable to invest in.

If that is your stance I can understand it, but I have the opposite view, the majority of meme coins are not worth your investment, and when I say the majority I am talking about 95% to 99% of all the meme coins that exist.

So when the percentage of meme coins that are not worth our money is so low, I am not going to use my limited time trying to find a needle in a haystack, to me it is better to look for projects with much higher chances of giving you a positive return, even if that means that return is smaller.

Let's not be too sentimal, you actually judging from a deductive aspect, memecoins are known to be hirely misleading but out of them all, few have been proven to be successful, many investors has gotten enough profits risking it in these memecoins and earned a lot more than they have in any Altcoin. It is advisable when dealing with memecoins, one should invest little, something we can do without even if the price drops to zero, it wouldn't affect our standards of living, we only need to apply caution when dealing with them and not totally avoiding them, it's a personal decision aswell.

I think this applies to me as well because I have been judging memecoins from deducting aspect only wherein the amount of people lost money in memecoin had overshadowed the profits and amount of people benefitted by memecoins. It's a fair point which you have mentioned as it's a very sensible advice to invest only what you can afford to lose without having impact on your standard of living because the problem arises only when we go all in and invest every last dime we have.

[Obim34]

Meme coins are altcoins too and most altcoins are still a complete waste of money, now it is clear that with so many people being interested in them, that some success stories will appear, which will inspire other investors to follow on their footsteps.

But those profits do not come from nowhere, in order for those monster gains to appear, others have to suffer monster losses as well, and when you add that it is almost impossible to predict which meme coin will succeed, it is not surprising that a great deal of the community still has huge misgivings about investing in meme coins.

In every Altcoin market their must be some bad ones and the good ones all together, it would not matter as we often generalize Altcoins and Memecoins as being risky despite having the ones that are capable of giving good returns of profit. Some Memecoins is to be avoided but not totally avoided, their are few which is worth for we investing in them, I know some which deserves such, so we best take our time and dog watch which of the memecoins is suitable and profitable to invest in.

If that is your stance I can understand it, but I have the opposite view, the majority of meme coins are not worth your investment, and when I say the majority I am talking about 95% to 99% of all the meme coins that exist.

So when the percentage of meme coins that are not worth our money is so low, I am not going to use my limited time trying to find a needle in a haystack, to me it is better to look for projects with much higher chances of giving you a positive return, even if that means that return is smaller.

Let's not be too sentimal, you actually judging from a deductive aspect, memecoins are known to be hirely misleading but out of them all, few have been proven to be successful, many investors has gotten enough profits risking it in these memecoins and earned a lot more than they have in any Altcoin. It is advisable when dealing with memecoins, one should invest little, something we can do without even if the price drops to zero, it wouldn't affect our standards of living, we only need to apply caution when dealing with them and not totally avoiding them, it's a personal decision aswell.

I think this applies to me as well because I have been judging memecoins from deducting aspect only wherein the amount of people lost money in memecoin had overshadowed the profits and amount of people benefitted by memecoins. It's a fair point which you have mentioned as it's a very sensible advice to invest only what you can afford to lose without having impact on your standard of living because the problem arises only when we go all in and invest every last dime we have.

Then it's perfect you came across this thread, we learn everyday now you must have known judging from a deductive aspect is a wrong way to measure if to invest in memecoins or not. Basically memecoins wouldn't have the trademark of being scam like if individuals never choose taken advantage of the number of investors who are willing to invest massively due to the quick price pump, among all memecoins, we still have few worth to invest in.

[Dailyscript]

Memecoins are altcoins too just they are clearly made for the purpose of profits and have no real world utility, they do so well cause of the hype and promotion around them taht most alts dont have, thats why so many scammers chsose to take their form to steal money cause hypes rules the meme world and the coins with teh most hyoe wins and majorly there is no way of identifying which is a good coin from all of them.

It is easy to come up with a memecoin. Anyone could just create one and give it the hype it deserved and boom they are fucking rich after a short time. I dont like memcoin because they lack utility just like what you have said. Any altcoin that do not have any usage in real world i avoid it and wont put my money into it. Whether gains or not i am not interested in memecoins. Unless i used money i would want to waste on drinks and parties to invest in memecoins if not that i dont think i would be willing to give someone my money. This is because in memecoins. 50% f investors lose and 50% gain. If you are unlucky you will be part of the half that gain from it but if you are unlucky you will see your money go within days.

[batang_bitcoin]

Memecoins are also alts.

Sure, memecoins are also altcoins so why would the op make such a statement with all the experience he has here in this forum. Aside Bitcoin, all other coins are altcoins. However meme coins are know to be more volatile than other coins, and that means they can pump rapidly or dump rapidly. So in as much as they make investor become rich, they can also drain make them encounter lots of loses. Due to the fact that memecoins are the current hype, we now have lots of scam project that will definitely become shitcoins after a while, meme coins are short term coins for investment.

All cryptos are volatile except stable coins but even with that, I can see some stable coins that have been moving under some cents and trying to depeg. And what you've said is a warning to those that like most memecoins. If they're in profit, that's nice but if they start to see themselves getting losses, let it be as a lesson for them to remember.

[GreatArkansas]

Memecoins are altcoins too just they are clearly made for the purpose of profits and have no real world utility, they do so well cause of the hype and promotion around them taht most alts dont have, thats why so many scammers chsose to take their form to steal money cause hypes rules the meme world and the coins with teh most hyoe wins and majorly there is no way of identifying which is a good coin from all of them.

It is easy to come up with a memecoin. Anyone could just create one and give it the hype it deserved and boom they are fucking rich after a short time. I dont like memcoin because they lack utility just like what you have said. Any altcoin that do not have any usage in real world i avoid it and wont put my money into it. Whether gains or not i am not interested in memecoins. Unless i used money i would want to waste on drinks and parties to invest in memecoins if not that i dont think i would be willing to give someone my money. This is because in memecoins. 50% f investors lose and 50% gain. If you are unlucky you will be part of the half that gain from it but if you are unlucky you will see your money go within days.

In short, GAMBLING.

Of course, most people know how meme coin works and right now it is very hot because of the enormous returns but there are already a lot of people losing a lot of money because of it, high risk high reward.

There's nothing wrong with buying meme coins, some are just using this to make money and that's all, and you are correct that it's no use in real world, people just want to make money.

[Bureau]

Memecoins are altcoins too just they are clearly made for the purpose of profits and have no real world utility, they do so well cause of the hype and promotion around them taht most alts dont have, thats why so many scammers chsose to take their form to steal money cause hypes rules the meme world and the coins with teh most hyoe wins and majorly there is no way of identifying which is a good coin from all of them.

Yes, meme coins are altcoins and their purpose has changed significantly. When Dogecoin was created it was told as a joke coin slowly, the crypto gambling industry started to accept it, which created a utility for that coin. As of now, the new age meme coins are a pump and dump scheme as per my understanding.  Those who enter early make good profits and those who don't, have to wait for the bull market to come.

[JeffBrad12]

Memecoins are also alts.

Sure, memecoins are also altcoins so why would the op make such a statement with all the experience he has here in this forum. Aside Bitcoin, all other coins are altcoins. However meme coins are know to be more volatile than other coins, and that means they can pump rapidly or dump rapidly. So in as much as they make investor become rich, they can also drain make them encounter lots of loses. Due to the fact that memecoins are the current hype, we now have lots of scam project that will definitely become shitcoins after a while, meme coins are short term coins for investment.

All cryptos are volatile except stable coins but even with that, I can see some stable coins that have been moving under some cents and trying to depeg. And what you've said is a warning to those that like most memecoins. If they're in profit, that's nice but if they start to see themselves getting losses, let it be as a lesson for them to remember.

people seem to forget the fact that when someone cashes out big profit from meme coin there's people losing buying at peak, its not really profitable for many people but they don't tell anyone about their losses, at least with some coin with real product you got product that can be utilized but many meme coin trend are short lived.
in this case like as you mentioned even meme coin fall under category of altcoin and meme coins and other altcoin generally are just as volatile depends on the coin we are talking about here.
if its stablecoin indeed there's some case where the stablecoin are being volatile, i still remember when usdt and usdc has some value decrease, usually most of the stablecoin that depegs are made algorithmic stablecoin where they didn't really peg their coin to usd but to other coin to keep value.

[Strongkored]

Right, if MEME coins are very high risk so we can try with small amount of money, then if the project will not success so there are no chance to affect on our life, because with small amount of money your risk is less as like 10$-20$ but profit can be high even some people got million dollars just invest some dollars in MEME projects, SHIBA INU can be a big example.

It is usually said to use money that we can afford to lose, even for a whale investing thousands of dollars is not a problem for because he has assets that are bigger and that is the value he can still afford to lose, and the amount we dare to risk will also affect the profits obtained.

With only tens of dollars to expect millions of dollars, we can only get it if we become early investors where the price is still very cheap, but if the meme-coin has already received a lot of attention from crypto lovers and has even experienced pumping, then the small amount we invest is impossible to provide millions of dollars.

Memecoin does provide many benefits at the moment, but if you enter the market late it will result in losses so timeliness will greatly affect the profits obtained.

[arjunmujay]

Right, if MEME coins are very high risk so we can try with small amount of money, then if the project will not success so there are no chance to affect on our life, because with small amount of money your risk is less as like 10$-20$ but profit can be high even some people got million dollars just invest some dollars in MEME projects, SHIBA INU can be a big example.

It is usually said to use money that we can afford to lose, even for a whale investing thousands of dollars is not a problem for because he has assets that are bigger and that is the value he can still afford to lose, and the amount we dare to risk will also affect the profits obtained.

With only tens of dollars to expect millions of dollars, we can only get it if we become early investors where the price is still very cheap, but if the meme-coin has already received a lot of attention from crypto lovers and has even experienced pumping, then the small amount we invest is impossible to provide millions of dollars.

Memecoin does provide many benefits at the moment, but if you enter the market late it will result in losses so timeliness will greatly affect the profits obtained.

These memecoins are more similar to coins on a casino table in my opinion. when placing a few coins it can turn into a lot in an instant. Likewise, if we set the wrong price we could lose our money. The difference is that maybe when playing gambling we lose everything, but in memecoin we can still adjust the CL so that there is still a little left.

choosing coins early while the price is still cheap is the best choice, without thinking about the results. because we still don't know how the coin will move. can attract a lot of investors or it will just be a shitcoin.

[batang_bitcoin]

All cryptos are volatile except stable coins but even with that, I can see some stable coins that have been moving under some cents and trying to depeg. And what you've said is a warning to those that like most memecoins. If they're in profit, that's nice but if they start to see themselves getting losses, let it be as a lesson for them to remember.

people seem to forget the fact that when someone cashes out big profit from meme coin there's people losing buying at peak, its not really profitable for many people but they don't tell anyone about their losses, at least with some coin with real product you got product that can be utilized but many meme coin trend are short lived.
in this case like as you mentioned even meme coin fall under category of altcoin and meme coins and other altcoin generally are just as volatile depends on the coin we are talking about here.
if its stablecoin indeed there's some case where the stablecoin are being volatile, i still remember when usdt and usdc has some value decrease, usually most of the stablecoin that depegs are made algorithmic stablecoin where they didn't really peg their coin to usd but to other coin to keep value.

Every market that you win, there's always the opposite side that losses. If that loser don't want to lose, they shouldn't get into this market. Because if they do so, they are aware that they can be a winner or a loser. Even if we want to get into the altcoins that have utilities and have real use case, the trend right now has changed and people have chose to get into memecoins. But despite that, there are still a lot of us that chooses to be into those projects that has real use case. As for the stable coins, they don't lose quickly their value but the known ones are unlikely to. But if they do, they decrease in value so slowly.

[wxa7115]

people seem to forget the fact that when someone cashes out big profit from meme coin there's people losing buying at peak, its not really profitable for many people but they don't tell anyone about their losses, at least with some coin with real product you got product that can be utilized but many meme coin trend are short lived.
in this case like as you mentioned even meme coin fall under category of altcoin and meme coins and other altcoin generally are just as volatile depends on the coin we are talking about here.
if its stablecoin indeed there's some case where the stablecoin are being volatile, i still remember when usdt and usdc has some value decrease, usually most of the stablecoin that depegs are made algorithmic stablecoin where they didn't really peg their coin to usd but to other coin to keep value.

There is no such thing on this world as a free lunch, if someone earned 100x their initial capital, then in aggregate there are traders that lost an amount even bigger than that, as we must remember that exchanges also charge fees for each trade you do.

This means that for every success story we read on social media, there are dozens of stories that are not shared of people that lost everything, and they suffered those losses just because they were pursuing an impossible goal as they thought this was the right way for them to make a lot of money.

[peter0425]

There are lots of memecoins out there that are breaking boundaries however most of them only are hyped and if you are clever enough then you can definitely get some profits. One thing to do is find the coin before anyone else does but that might seem difficult and risky.

you could maybe try investing in some airdrops which most if not all new products go as per launch and just wait which one will give you enough luck