Have you been profiting from memecoins?

[SATWAT]

Now its long time I never jump into this with I have huge lost in Shiba with I was hyped and jump without checking anything about this, but suddenly I have realized I have done mistake and things gone into wrong way which were not recoverable in short term even after long time I have price which was I looking to sell, but I never wait for this and sold my all tokens quickly which is surely not good deal for me, but this was good lesson for me with after this I never have anything from market which is tagged as meme coin.
With this, I also want to tell newbies like me please read all positive and negative before jumping into this world because this can ruin you with having no chance of recovery like me which is now having huge loses and sidelined just because of my greediness.

[DiMarxist]

Not everyone likes memecoins. I wanted to invest on one of them but I paused and might be investing later in the year I stopped base on the way the market is at the moment. I was purely investing in bitcoin but looking into which of the altcoins that is very good to invest. I have mapped out Dogecoin, Ethereum, Solana and some others. And among these ones I will select one first to invest before going to another one.
And Dogecoin might be the preferred one for now to make profit for about 5-6 months time. That is also in the long term period.

[Mate2237]

I have not benefited from altcoins at general. I invested in two different platforms. I invested in the main Wallet of Ethereum which is MEW and I stopped investing there because the transaction fee was too high so the coins are still there and I also use exchange to invest thinking that it will be better than the MEW but all the same and after one month, I thought the price would go up but instead it was coming down steady and finally Nigerian government also banned the exchange to make a trade with p2p so i sold the coins with lost rate.

But I am still hodling the ones in the main wallet. So I have not benefited anything from the altcoins or memecoins side of the cryptocurrency.

[Wexnident]

~

Recently have yeah. Pepe recently had a 10% pump, managed to pull out at around 7% ish and not touching it for now. As much as I hate memecoins they can pretty much generate some short term profits if you manage to get lucky enough. I got lucky right now with it, but who knows, I might lose that 7% profit in future trades of some random memecoins. Honestly wouldn't try it out unless you have some extra funds lying around you wouldn't mind spending. I tried it myself cause I saw how often it jumps around (My coins wallet kept updating me with it lol).

[Tipstar]

So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.

BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.

I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.

I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.

I've had some profit with PEPE in past. It was my most yielding memecoin investment. There might be a few percentage profit on others too but they are still negligible. I'm currently heavily invested on top memecoins. I have Bonk, Bome, ShibaInu, mew as my largest holdings and aims to bag many more.
Its a surprise to see how fast a new meme coin rises but it's too difficult to find them. There are like a dozen of networks that are producing memecoins at a pace of 100s of coins each day in aggregate. Its even harder to predict which would have next pump.

[HONDACD125]

I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.

That's something most people miss when they are making investments in meme coins, especially newbie investors who are usually reckless with their initial investments. They don't go for research but they make their investments based on the words of others, for example, if one of their friends or someone they know said that a certain meme coin will surge in the coming days, they go ahead and make an investment in it. I mean, how reckless can someone be?

There is no doubt that meme coins involve a lot of risks because after you invest, you either get some profit or lose your money, but those who make their investments after ample research tend to have a higher possibility of getting profit because they will only invest in meme coins that have an active community and are getting enough hype around the internet.

[Iamcrypticguy]

So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.

BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.

I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.

I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.

The key to meme is early entry, then exit leaving a moon-bag.. that way you have an edge against the market. If you're not using dex, then I'll suggest Bitget cos they're among the cex that lost these tokens early. I got BOME, wif, slerf on their memezone and I just added GME few hours ago. I'll observe this FUD trend and probably get on it too. In all I'll say my meme journey has been 80% profitable..

[Mr.sprin]

That's something most people miss when they are making investments in meme coins, especially newbie investors who are usually reckless with their initial investments. They don't go for research but they make their investments based on the words of others, for example, if one of their friends or someone they know said that a certain meme coin will surge in the coming days, they go ahead and make an investment in it. I mean, how reckless can someone be?

There is no doubt that meme coins involve a lot of risks because after you invest, you either get some profit or lose your money, but those who make their investments after ample research tend to have a higher possibility of getting profit because they will only invest in meme coins that have an active community and are getting enough hype around the internet.

Yes, bro, that's why we should never get involved in investing in any coin before we first learn how the graph works, whether there are many advantages or disadvantages, investing is not a way to join in but we work to find profits, better profits. a little but not recklessly and definitely, investing in meme coins is the same as investing in other coins, only we have to study the graphs and news about the coin first, don't take the wrong path, it can be risky for ourselves, we want to make a profit but instead failed because we were reckless and went along with it.

[AVE5]

Don't be overwhelmed and get carried away by the hypes of thise new Memecoin projects on the social media, although you could get trending updates about Crypto coin right there but I'd advice you that while you've picked interest to invest in any of those coins based on the hyping and speculations, never forget to do your research. Believe it, it's not just about the hypes on listed in the exchange for promotions, it's most considered what the coins potentials are.

However, with the highily fragile volatility nature of MemeCoins, to me, it's not worth setting a long term goal for but just hold and watch for profit count anf just trade it.
MemeCoins can be funny remember. Congratulations if you've also been doing well with your farming on the Meme projects.

[cryptoaddictchie]

Ive purchased a solana mobile 2 preorder and honestly the experience is great on airdrops of meme coin since I already break even with the phone worth $450 and airdrops that has surpass the worth of the phone.. Yes the phone associated with an sbt and this one is the one getting airdrop with your registered wallet during purchase. Not really into memecoin but the drops of meme it give the users is really worth it. Now memecoins that Ive sold are contributing to my breakeven status. Looking forward for more memecoins drop.

[Phoenixtrader]

Ive purchased a solana mobile 2 preorder and honestly the experience is great on airdrops of meme coin since I already break even with the phone worth $450 and airdrops that has surpass the worth of the phone.. Yes the phone associated with an sbt and this one is the one getting airdrop with your registered wallet during purchase. Not really into memecoin but the drops of meme it give the users is really worth it. Now memecoins that Ive sold are contributing to my breakeven status. Looking forward for more memecoins drop.

Wow seems I'll consider this. You really need money to make money in this space.. for the FUD meme OP is talking about, I'm thinking of bidding here.... Price seem to have retraced and it's about to continue its uptrend.

[EarnOnVictor]

What you are saying as if it was easy has never been easy, not for anyone. Even those I respect in the cryptocurrency world are still lamenting and many of the new listings escape their data. This means that there is no perfect modality to know every one of the new listings and because they are being listed on some exchanges doesn't mean that they are actually well-known or they will perform. Everything surrounding cryptocurrency are risks and luck, so no one knows it all.

Even those who are so conversant with Coingecko and even Coindesk still lament the investment mistakes they make and how they miss many new coin projects because those coins are not always initially popular before their significant performance brings them to prominence. While others will never perform at all but will make you lose eventually.

Aside from that, those highs and lows you see in exchanges' charts on new listings are fake, do not let them deceive you, and even the records are not often the same with exchanges that list the coin/token at almost the same time. The same goes for the coins that are already in existence but just newly listed by exchanges, you will see huge volatility and lies despite the coin/token being stable on the platform(s) it was before them.

[cryptoaddictchie]

Wow seems I'll consider this. You really need money to make money in this space.. for the FUD meme OP is talking about, I'm thinking of bidding here.... Price seem to have retraced and it's about to continue its uptrend.

Consider the token? Well its not advisable especially if youre late cause end result might be a negative one or rug pull. Most early trader earn on meme because they are early and those who fomo late will suffered and be as an exit liquidity for those early one. I purchased solana mobile cause surely all memecoin will drop there are good one and valuable. It may not be much but safer for me.

[Essential10]

Currently, the popularity of memecoin is increasing from time to time, where currently memecoin has become a very popular investment choice, especially among beginners, even though memecoin has a very big risk, they don't pay attention to this risk, because they hope to get the profit multiplied was very large even though it was only a hope, however, I personally have made a profit from memecoin, namely from DOGE and SHIB, but now I am not at all interested in memecoin and only focus on altcoin.

Invest 1$ get 100$ profit, with big promises like this, Meme Coins are steadily entering the trend of popularity. Even when one goes to invest in meme coin, he finds that the coin he invests in is quite bullish. Many people get involved in meme coin investing with the idea that the coin that is pumping well now may pump more in the future, in the end  only to fall and not be able to stand up. At one time Doge and Shib enjoyed huge popularity but its popularity has been declining for a long time. We should only invest in those coins where the risk is very low, in that case top alt coins like Ethereum, BNB, Solana are quite good and reliable.

[albon]

If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.

Finding the correct memecoin to invest in through Coingecko isn't that simple because you might come across a coin with a similar name that's not the original. Notably, listings on Coingecko are free, so any project owner can list his currency by filling out one of the forms containing details of the currency project. Even trending coins on X might be surrounded by numerous impersonation accounts, scams, and malicious smart contracts.

You'll be lucky if you find the official project account on X and Telegram and invest early.  My point is that investing in these useless memecoins relies heavily on luck and requires deep research that takes considerable time and effort. There are no guarantees of making a profit from them or that the memecoins you invest in will reach the ranks of WIF or BONK. Ect. Therefore, don't set your expectations too high or let others mislead you into these highly risky investments.

[Kristiyana]

Actually I'm still new in this crypto space so I haven't tested profit for the first time, I'm still hoping to learn more about crypto investment before looking out to make investment. However i think those earlier investors made a lot of profit from memecoin this trigggers most people to go into meme regardless to the risk that is involved, because they are hoping to get profited unlike those earlier investors. However I think the days of meme is passed so I'm not interested in memecoin I will just stick to my  decision of investing only in bitcoin.

[Ricardo11]

Personally I want to say that not every meme coin will make people rich, we see some meme coins from zero to sky high, but not every coin is like that. It totally depends on luck, there are millions of meme coins in the market, you can't tell which one will make you a millionaire now. A few days ago I made a post about a coin where a coin called Black Phoenix gained 476432.1% in just 5 days. So it can be said that becoming a millionaire from meme coins depends entirely on luck, and it is risky, because they can be fake and out. So if you are ready to take risks, then you can definitely invest in meme coins.

[Godday]

I've had some profit with PEPE in past. It was my most yielding memecoin investment. There might be a few percentage profit on others too but they are still negligible. I'm currently heavily invested on top memecoins. I have Bonk, Bome, ShibaInu, mew as my largest holdings and aims to bag many more.
Its a surprise to see how fast a new meme coin rises but it's too difficult to find them. There are like a dozen of networks that are producing memecoins at a pace of 100s of coins each day in aggregate. Its even harder to predict which would have next pump.

I agree with you. It is very difficult to profit from meme coins. I have also benefited from Pepe and yesterday I also received a small profit from WIF. But I don't think meme coins can be a long-term investment. I bought pepe and wif and sold them at the right time. If you bought wif at the beginning of this year and you are still holding it now I think you have missed out on a fair price for wif.

[AnonBitCoiner]

Meme coins have increasing demands but this is not about the fact that all of them will go successfully and will be successful in future. Currently everyone is waiting for an increasing price so in such conditions creators will focus to create coins that will turn into scam projects therefore find a better opportunity to take benefit from already invested meme coins and don't hold it too long.

BONK and WIF are both good coins for investment but those people who previously face loss due to investment in meme coins will never trust them even if meme coins show greater success. It's a time to invest in top coins so choose the top one instead of choosing random coins the success of which is always questionable.

[Samurai trieng]

Our goal of investing in crypto is to make a profit, including when investing in memecoins, and I think not all altcoins, let alone memecoins, can give you a profit, therefore, if you think positively, invest in coins that really have potential in the future, Honestly, I have never invested in memecoin.