Meme and Alt Coins investors, how do you treat with your conscience?

[btc78]

By the way you wrote this, you would think those investors have done something grave and illegal.

What they are only doing is trusting the process. Investors who risk their money wouldn’t be losing any sleep if they had confidence in what they just invested in and if they do not have that confidence then they shouldn’t be investing in that coin. It’s that simple. If it is so bad to invest in memecoins and altcoins, then let them be. In the end they are the ones who will suffer the consequences and not anyone else. They can then learn what to do next time and I do not think that would be chipping away at their conscience.

[wxa7115]

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

Different people have a different tolerance to risk, most people despite their claims to want to obtain huge profits from their investments, are too afraid to invest in anything that does not give them a fixed return on their investment every year, which reduces their options greatly.

Bitcoin investors on the other hand are in fact very tolerant to risk, considering not many people can accept to keep holding their coins when a 70% crash is underway, however even many bitcoin holders find holding altcoins too difficult, so only those that can accept those risks or those that do not understand them clearly can decide to invest and hold altcoins.

[Coin_trader]

By the way you wrote this, you would think those investors have done something grave and illegal.

What they are only doing is trusting the process. Investors who risk their money wouldn’t be losing any sleep if they had confidence in what they just invested in and if they do not have that confidence then they shouldn’t be investing in that coin. It’s that simple. If it is so bad to invest in memecoins and altcoins, then let them be. In the end they are the ones who will suffer the consequences and not anyone else. They can then learn what to do next time and I do not think that would be chipping away at their conscience.

This is exactly the concern of the OP. Many crypto traders knew the risk involved on trading meme coin and other highly volatile assets yet some people choose to still trade despite the risk due to the possibility of having a quick huge profit which is true.

I consider it as gambling already and you are risking you money that will sell in the right time before everyone else because meme coins trading is brutal once you already left behind because the project usually slow dying and being abandoned by the team itself after securing their share during the token sales.

This is probably what the OP is considering on his statement about conscience on investing meme coin which I'm not sure if really the right word for this.

[EarnOnVictor]

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

I think the word Conscience is misused in this context. What is directly involved in investment decision-making and to be blamed or appraised in any decision are your mind and instinct. They are actually the judge here. How to use them now depends on the knowledge and experience you have about the thing to decide upon and your affinity to gamble or take risks.

If at all you lose, what is the conscience issue about that? You can blame yourself entirely for that and regret it for long but still not feel remorse, not to mention your conscience prickling you. Unless you invested the money meant for a better purpose, stole someone's money, or lied to someone to collect the invested money you lost etc, that's the only time the conscience can be prickling you. But if this is your money or the money someone gifted you without having another purpose for it, why the conscience remark?

Also, I like you to know that in trading and investment, we are taking risks always, and the more you take the risk, the more likely it will become profitable to you if you are good at what you do. Investment is not a child's play and if anyone cannot handle it, it is better to steer clear of it, as it's never by force.

Nonetheless, what you expressed in full is basically emotional, and we should handle it with a strong mind and psychology.

[Volimack]

Memecoins are more risky than buying altcoins. Weak volatility prevails in the meme coin market. For investment long term and short-term investments should be made by understanding the exact volatility of the coins in the market. If the coins have good guarantee then it is better to hold for long term. If the quality of the projects is low they should be sold in the short term if they expect more profit they will be at risk.

[OrangeII]

If you just invest the remaining money you have in meme coin, I think you can sleep comfortably with that. Sometimes, when people withdraw $100, they set aside $5 to $10 to invest in meme coins. They are willing to spend the money, even if the money is lost. However, if they keep doing that, perhaps subconsciously, they will have a lot of meme coin assets, and when the price goes up, they realize that they already have a lot of meme coin. Well, that's what I thought.

[Bushdark]

If you just invest the remaining money you have in meme coin, I think you can sleep comfortably with that. Sometimes, when people withdraw $100, they set aside $5 to $10 to invest in meme coins. They are willing to spend the money, even if the money is lost. However, if they keep doing that, perhaps subconsciously, they will have a lot of meme coin assets, and when the price goes up, they realize that they already have a lot of meme coin. Well, that's what I thought.

Since meme coins is also altcoins we can always invest in them or face other crypto nitch to look for good and reliable projects to hold for the bull. Nobody can tell what project is going to give us good profits in the market, all we have to do is  to makw sure that we keeo searching for reliable projects that will be more reliable for us. The cryptocurrency market is going more bull soon and we should not miss the opportunity of investing at the early time before the bull market.

[AVE5]

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

Many people enjoy it and willing to take the risk, thats why we see altcoins ecosystem has more user and transaction than bitcoin right. Just look at the daily transaction of bitcoin and altcoin blockchain combined. In terms of value they can be nothing but in terms users they are massive. They can be short term project but they create the path to build a better product.

I can't dispute to that because you're just right. But talking about emotions between Alt and Meme Coins investors, they definitely differs that the bitcoin investors emotions are not confidence and relax due to the state of the coins volatile potentials while the Alt and Meme Coins investors emotions are unstable because they feels the project could crash to the lost of their funds or that their legitimate periods to secure their profits in the market could be a nightmare to them so, they'd definitely be on hoping for Wonders of profitablities to happen on the unreliable holdings.

[Essential10]

Memecoins are more risky than buying altcoins. Weak volatility prevails in the meme coin market. For investment long term and short-term investments should be made by understanding the exact volatility of the coins in the market. If the coins have good guarantee then it is better to hold for long term. If the quality of the projects is low they should be sold in the short term if they expect more profit they will be at risk.

In the current market hype MemeCoin is attracting investors by offering high prices. Meme Coins offer fast returns so investing there is very high risk. MemeCoin investment can be profitable in short term but coin selection is the most important thing. MemeCoin is never suitable for long term holding as your money value will go down very soon. But if you can invest in top altcoins like Ethereum, BNB than meme coin for long term because there risk is much less.

[AVE5]

I do not know how these investors can live in peace of mind and enter a deep sleep when they have accepted high-risk investments like Memecoins and unknown altcoins, which could be scam projects. Indeed, regret will be one of the consequences of their unwise investment decisions, driven by greed or recommendations from paid analysts.

If any investor among them cannot cash out his profits quickly after selling by whales, the chart will become bloody. I do not understand what is preventing them from carrying out the necessary research and investing in promising altcoins that will be influenced by the price of Bitcoin and achieve good profits for their holders in the medium or long term. The market is not devoid of profitable and safe investments and tokens backed by professional teams, top developers, and so on. Therefore, they must focus on the investments that are most beneficial to them and that will not cause them trouble one day.

You're in a lot of sense making here @albon, I believe you literally understand this fact that if invested on highily risky MemeCoins and the new projected AltCoins without the potentials to hold for a long term, then it's assumed that you're definitely investing your money on the short term run and hopefully based on the market map, there'd also be a time to cashout else either the Coin goes dump that you can't recover your capital or you keep holding until the market trends of the Coin embarks to return your investment to another profiting edition.
That's just to say investors who invests on the such Alt and Meme Coins are never emotional stable and relaxed at knowing how risky where they invested the funds on could be. So it's more solidly reliable Investing on AltCoins with the potentials of gaining their price weight from the volatility of bitcoin than those coins relying on hyping.

[AnonBitCoiner]

In the current market hype MemeCoin is attracting investors by offering high prices. Meme Coins offer fast returns so investing there is very high risk. MemeCoin investment can be profitable in short term but coin selection is the most important thing. MemeCoin is never suitable for long term holding as your money value will go down very soon. But if you can invest in top altcoins like Ethereum, BNB than meme coin for long term because there risk is much less.

Meme coins which are previously less accepted coins now become most successful coins in meme coins and instead of choosing top coins people are investing in meme coins but I think that knowledge is not behind it but greed exists behind the selection of meme coins.

Everybody knows that this hype is non permanent so instead of fritter away time and money through investment in meme coins why you not invest in top coins which is supplying profit to its holders from the age of its appearance. Greed of investment in meme coins to get quick and huge profit can become harmful for you but bitcoin investment will always helps you during the condition of inflation.

[tygeade]

Meme coins which are previously less accepted coins now become most successful coins in meme coins and instead of choosing top coins people are investing in meme coins but I think that knowledge is not behind it but greed exists behind the selection of meme coins.

Everybody knows that this hype is non permanent so instead of fritter away time and money through investment in meme coins why you not invest in top coins which is supplying profit to its holders from the age of its appearance. Greed of investment in meme coins to get quick and huge profit can become harmful for you but bitcoin investment will always helps you during the condition of inflation.

I wouldn't really go as far as saying "most successful", looking at top 10, there is a single memecoin, which is dogecoin which existed since 2013 if I am not wrong, so that makes sense. If you look at top 20, there are 2, doge and shiba and about 5 if I am not wrong in all of top 50. So to say that it's the most successful, that would not be all that smart, plus most of them are tokens, not even coins.

So yeah, there are some and some people do like it, but as we can see majority, and I mean 90%+ of the majority in the top 50 is actually not meme and other stuff. That has to be showing you that memes are liked but not the most successful projects. Even if you take 2024 most increased, there are still others who beat out the meme ones.

[wxa7115]

I wouldn't really go as far as saying "most successful", looking at top 10, there is a single memecoin, which is dogecoin which existed since 2013 if I am not wrong, so that makes sense. If you look at top 20, there are 2, doge and shiba and about 5 if I am not wrong in all of top 50. So to say that it's the most successful, that would not be all that smart, plus most of them are tokens, not even coins.

So yeah, there are some and some people do like it, but as we can see majority, and I mean 90%+ of the majority in the top 50 is actually not meme and other stuff. That has to be showing you that memes are liked but not the most successful projects. Even if you take 2024 most increased, there are still others who beat out the meme ones.

And you are only taking into account the number of coins, if we instead used the market cap as a metric, we will see that even a smaller percentage of money went to altcoins, as just bitcoin and ethereum represent 65% of the whole market of cryptocurrencies.

So while there is definitely a market for meme coins, we must not exaggerate, since there are many investors that despite the profits that can be obtained with those coins, will never invest in them.

[AVE5]

By the way you wrote this, you would think those investors have done something grave and illegal.

What they are only doing is trusting the process. Investors who risk their money wouldn’t be losing any sleep if they had confidence in what they just invested in and if they do not have that confidence then they shouldn’t be investing in that coin. It’s that simple. If it is so bad to invest in memecoins and altcoins, then let them be. In the end they are the ones who will suffer the consequences and not anyone else. They can then learn what to do next time and I do not think that would be chipping away at their conscience.

There wasn't any illegal insightment at my writing this thread, we all knows that in Crypto investments, we're usually advised to Invest with what's affordable to loose and most especially on the highily volatile AltCoins and the MemeCoins. And by our emotional fitness is determined our confidence in any of the coins we Invests on.
Yes of course there are worrisome emotions it investing on the Memecoins knowing quite well that they're kind of trickish tokens and can go biased by the investors wills anytime any day. And which definitely no one wants to lost their funds or assets and for that, you'd always want to be that lucky investor to cashout without being lost. All these are emotions centralized on the market sentiments and not about illegality indulgences.

[Pedrination]

Altcoins shouldn't be seen as exclusively short-term investments; it's all about the investor's approach. While some may prefer quick gains, especially with hyped coins, I believe it's essential to consider the long-term potential of a project. Rushing into investments without thorough research can lead to disappointment when early adopters exit, leaving latecomers with devalued assets. Therefore, it's crucial to assess each project's fundamentals and align investment strategies accordingly.

[Oasisman]

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

I think that purely depends on how much money you have put into this memecoins and other pump and dump altcoins. There might be people who has extremely high risk appetite that they could put thousands of dollars into these type of coins and then close their eyes hoping to get a high return in short period of time. But, the reality is, it's really hard to go to sleep with such kind of investment even if your eyes were closed at night.
It's not that the failure that's making you awake, but it's also the feeling of excitement once everything you got in your portfolio are starting to pump.
I can't stand this kind of investments though. The risk of lossing is way higher than actually profiting. Once the value of these type of coins are going down, the chances for it to bounce back are very little.

[Albarq]

To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

from the things that I emphasize to have the ability that we have by investing by looking at market movements and being full of commitment which is needed without hesitation in spending the funds we have by deciding the risks that will occur so that we will get profits. All altcoins have high risks depending on the respective coin to start the purchase and hope to make a profit.

[Tmoonz]

No altcoin are short investment it's only the investors who chooses to go for long term or short term investment. Therefore if anyone is investing in altcoin he should be able to know what he wants if is long or short depending on the potential of the project although most of the investors mostly choose short term if the project is not solid enough for long time especially those over hyped coin flying everywhere people might rush to invest thinking it would last for long but believe me after early investors pull out there investment the project could be left with nothing making those who chooses for long hold worthless coin their custody.

Yeah , you are very correct and that is why majority are always confused about involvement in other coins than Bitcoin, the risk involvement in other coins are really much as when compared with Bitcoin, in other coins you have to consider whether to invest in an old or new project digging so much analysis, researches just for you not to be a victim of fallen in to a wrong project, however everyone needs to understand his or her risk tolerance level before getting involve in any of those.