Marvelockg (OP)
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April 20, 2024, 11:27:09 AM |
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So the whole halving stuff have raised a lot of hope for so many investors that are looking for project to invest into hoping to get good returns at the end of the halving and those that don't have enough resources to investing into Bitcoin are already stacking up some altcoins hoping they will 100× in few weeks times and I just want to get something right here.
A friend bought an $100 worth of Pepe coin and his intentions is to hold it till at most the 20th of next month and the dude is mad certain about how pepe coin will go above it previous ATH and that he is certain to get at least a $400 out of his investment within such space of time. I'm not really a fan of altcoin that much because I haven't invested too much into them and mostly rely on stacking my BTC but considering this scenario, how realistic do you think his investment decision is?
If Bitcoin rises up to $100k and above, how will it affect pepe coin?
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DeathAngel
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April 20, 2024, 11:29:31 AM |
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If, you mean WHEN Bitcoin rises to $100,000 right? When Bitcoin starts its big post halving run up, which may take 3-6 months or more, yes most altcoins will rise a lot too. I’m not giving you financial advice but PEPE could be a good short term buy & hold, ready to dump at some stage in 2025 for big profits.
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Rabbitqt
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April 20, 2024, 12:06:45 PM |
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So the whole halving stuff have raised a lot of hope for so many investors that are looking for project to invest into hoping to get good returns at the end of the halving and those that don't have enough resources to investing into Bitcoin are already stacking up some altcoins hoping they will 100× in few weeks times and I just want to get something right here.
A friend bought an $100 worth of Pepe coin and his intentions is to hold it till at most the 20th of next month and the dude is mad certain about how pepe coin will go above it previous ATH and that he is certain to get at least a $400 out of his investment within such space of time. I'm not really a fan of altcoin that much because I haven't invested too much into them and mostly rely on stacking my BTC but considering this scenario, how realistic do you think his investment decision is?
If Bitcoin rises up to $100k and above, how will it affect pepe coin?
Tbf you could throw a dart at any of the top 100 pm CMC and turn a profit during a bull run. With that said I would consider it a gamble and not a investment.
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Tipstar
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Vave.com - Crypto Casino
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April 20, 2024, 12:11:50 PM |
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PEPE certainly is a good meme coin to hold on. I currently don't hold PEPE but plan to buy them soon. They have been consistently in high volume and the interest in this coin is rising. I'd suggest you to buy PEPE anytime it dips below $0.000005 as it's generally doing these days. Bitcoin halved a few hours ago and we have a trend of slow market for months after halving. So, the price of PEPE might not go moon within next couple of months which gives enough time to accumulate it as when it starts to bull x4 is a matter of days.
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MAAManda
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April 20, 2024, 12:28:39 PM |
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If Bitcoin rises up to $100k and above, how will it affect pepe coin?
When the price of Bitcoin (BTC) rises, almost all altcoin prices will also rise due to pairings that occur on exchanges. Considering that Bitcoin (BTC) has touched ATH some time ago, I am not so sure about investing in altcoins, because if a bubble occurs, then all assets including Bitcoin (BTC) will bleed.
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asriloni
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April 20, 2024, 12:30:41 PM |
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So the whole halving stuff have raised a lot of hope for so many investors that are looking for project to invest into hoping to get good returns at the end of the halving and those that don't have enough resources to investing into Bitcoin are already stacking up some altcoins hoping they will 100× in few weeks times and I just want to get something right here.
Many people are being so delusional by expect 100x returns without even investing when it's launched or bought through IDO. Look at the reality my friend, it's impossible to get it without buying the token before the hype has come. A friend bought an $100 worth of Pepe coin and his intentions is to hold it till at most the 20th of next month and the dude is mad certain about how pepe coin will go above it previous ATH and that he is certain to get at least a $400 out of his investment within such space of time. I'm not really a fan of altcoin that much because I haven't invested too much into them and mostly rely on stacking my BTC but considering this scenario, how realistic do you think his investment decision is? That's a realistic target only if your friend has bought it at the bottom. We are still 50% less from ATH and expect $400 return? that's impossible to happen without bitcoin to surpass 100k. Things are going even harder when your friend bought it at ATH and he hopes for unrealistic return from his investment. Pepe can down anytime and remember this. If Bitcoin rises up to $100k and above, how will it affect pepe coin?
It will pump the price of pepe coin as altcoins must also adjust the price to the bitcoin. The only problem is whether bitcoin pump is gonna give same result as 2021. Who knows?
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JeffBrad12
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April 20, 2024, 12:41:55 PM |
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a meme coin that has risen quite high and have huge market cap tend to not as volatile as its lesser market cap meme coin counterpart. so with investment of $100 for it to be $400 when pepe coin rise it needs pepe coin to be valued 4 times of it is now unless your friend is trading future and leverage that investment into certain point. otherwise with spot trading its just not really possible in my opinion, moreover what makes him so sure that pepe gonna be rising anyway, with the presence of newer memes that are gaining momentum and massive valuation from people the capitals that are speculated for meme coin right now are scattered around anyway. if he could only hold until 20th of next month i'm pretty dang sure the amount he invested will just be the same like it is not gaining any capital grow, the price of this meme coin isn't that volatile.
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sunsilk
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April 20, 2024, 12:49:06 PM |
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A friend bought an $100 worth of Pepe coin and his intentions is to hold it till at most the 20th of next month and the dude is mad certain about how pepe coin will go above it previous ATH and that he is certain to get at least a $400 out of his investment within such space of time. I'm not really a fan of altcoin that much because I haven't invested too much into them and mostly rely on stacking my BTC but considering this scenario, how realistic do you think his investment decision is?
Well, I don't want to do the math but if that's what he think then let him believe to his own thought. I'm sure that your friend did the math and calculation before thinking of that goal. So if his goal is to have $400 from the $100 investment, it's only needed for Pepecoin to have 4x growth on this bull run for him to profit. If Bitcoin rises up to $100k and above, how will it affect pepe coin?
Most likely many in the altcoins market will also pump during the altcoin season and might or might not include pepecoin.
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Yatsan
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April 20, 2024, 06:07:55 PM |
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We all know how market prices of meme tokens move; in a form of surprise. Prices of these tokens are more volatile than with other token prices simply because hype is the only things that boosts it, creating some sort of demand. So if you're asking whether it is still a wise decision, then answer is no. However, these coins are still profitable so if you could resist sudden price changes them things would be better. $PEPE is one of the most established meme coins in this industry. There would always be a tendency for its price to go up once big investors agreed to pump it and to be followed by small investors of this token. But if not, there are many options to choose from auch as the established ones like Bitcoin, Ethereum, and solana to give a few.
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Huppercase
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April 20, 2024, 06:12:51 PM |
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So the whole halving stuff have raised a lot of hope for so many investors that are looking for project to invest into hoping to get good returns at the end of the halving and those that don't have enough resources to investing into Bitcoin are already stacking up some altcoins hoping they will 100× in few weeks times and I just want to get something right here.
Do you know that for every 100x made from meme coins, there are more than 1000s of people that lost their investment in every week candle that crashed? I just think that meme has made crypto look so down that people don't even want to look at the good prospects of crypto but anything that can give them huge return even though it's a scam, they are ready to do it. I just want you to know that the glorious days of 100x on shit coins are gone unless things changes in the future. A friend bought an $100 worth of Pepe coin and his intentions is to hold it till at most the 20th of next month and the dude is mad certain about how pepe coin will go above it previous ATH and that he is certain to get at least a $400 out of his investment within such space of time. I'm not really a fan of altcoin that much because I haven't invested too much into them and mostly rely on stacking my BTC but considering this scenario, how realistic do you think his investment decision is?
If Bitcoin rises up to $100k and above, how will it affect pepe coin?
Your friend must be an oracle to know what crypto hold for the next 20 months. You guys really want to make millions from your $100 investment, this is wow but I hope you know that $2b by market cap, if you want to see 100x from PEPE in the future, you should expect it to be $200b by market cap and that means it will be sitting next to ethereum by market cap. Do you have the money to pump such kind of meme coins to that level? I think you need to phone Elon Musk to help make the bidding faster. That said. Bitcoin now belongs to the elite of institutional investors, Bitcoin can move by 20% and it's possible for altcoin dominance to remain the same. It wouldn't move an inch but might be consolidating until the whales decide to move from Bitcoin to altcoins and that doesn't guarantee that PEPE will pump. Just know that each coins has their own time that people engage on them. There was a month that meme coins were the only coins that were traded by traders and I think that's when PEPE blew up again. Just stay safe in your meme journey.
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PIMPdev
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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April 20, 2024, 07:11:35 PM |
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I don't think that it's a good idea. Not sure if it will reach its ATH again. Just as with any memecoin, it's a high risk.
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bluebit25
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April 20, 2024, 07:45:54 PM |
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(...)If Bitcoin rises up to $100k and above, how will it affect pepe coin?
I also thought it would get FOMO and pump to some maximum level, but I stopped caring about it. However, if we observe the level of influence on creating attraction, it also reaches a state where it is difficult to fall deeply in the new bull cycle, during the altcoin season when more money is poured into altcoins than things like PEPE also benefits. I have a guess that it will likely reach the same or exceed the level that SHIB did, but large risks as well as great potential always exist, and the choice needs to be calculated in accordance with the needs.
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kotajikikox
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April 20, 2024, 09:27:10 PM |
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If Bitcoin rises up to $100k and above, how will it affect pepe coin?
Nothing much will happen. I don’t even know if it will reach a new ath again with what I can see but let us say it does, I don’t think bitcoin reaching 100k usd will be the cause of it. Bitcoin will pull more possible investors yes but it cannot magically make a coin recover and make it reach a new ath. For now though maybe it can be taken advantage of.
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goaldigger
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April 20, 2024, 09:32:14 PM |
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I don't think that it's a good idea. Not sure if it will reach its ATH again. Just as with any memecoin, it's a high risk.
This will take time and a big hype for that coin to reach a new peak, so yeah the risk are high investing on this project again but if you are just playing short here then it can still be fine as long as you analyze the price trend and you’ll exit early, then this can still be ok. Many are too focused with the top projects as of the moment, they are more confident with this that to go all in with the meme tokens.
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