Have you been profiting from memecoins?

[yazher]

Since the emergence of Memecoins besides Doge, I was getting some profit decently before lots and lots of the same coins popped up almost every day. now that memecoins are the trend, it's not possible anymore with the new memecoins rather I just stuck with the old ones and remained with my best strategies when to buy at the right time. You just need to be vigilant regarding the timing because if you happen to invest at the wrong time, then you won't get any profit rather you will wait for a longer period for the price to increase than if you happened to invest in the right one.

[livingfree]

Since the emergence of Memecoins besides Doge, I was getting some profit decently before lots and lots of the same coins popped up almost every day. now that memecoins are the trend, it's not possible anymore with the new memecoins rather I just stuck with the old ones and remained with my best strategies when to buy at the right time. You just need to be vigilant regarding the timing because if you happen to invest at the wrong time, then you won't get any profit rather you will wait for a longer period for the price to increase than if you happened to invest in the right one.

I agree that it's hard to get into them nowadays. They're almost everywhere but you have no idea on who's going to be next that shall pump.

Just as you, I'd rather go with the old and common ones than to compete with these meme coins as there is a lot of them and I can't figure out which is going to pump next.

If someone from here is able to profit from them from time to time, you're good and keep it up.

[Essential10]

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.

Definitely everyone aims to make a profit by investing in crypto currency. But one thing noticed that most of the people are greedy, these greedy people invest their investments in meme coins that are cheap and promises huge profits. Investing from thousands of altcoins and meme coins we can't really predict which coin will be profitable. When it comes to investing in coins, we really shouldn't invest randomly, in that case the money itself will suffer a loss. One of the best coins to invest in is Bitcoin, you can also diversify into top alt coins that will give you good profits in the future.

[poodle63]

has been profiting good from the various meme coin across many blockchain but usually makes some money in solana.
i'm contemplating whether to keep betting on these meme coin because it seems narrative has been shifting to the other blockchain from solana that makes the market of meme coin rather weak right now.
but seeing the latest pepe coin pumping it kinda makes me think whether to invest in certain meme coin like doge and shib, since pepe coin has already climbed meaning its already too late for me and there's bigger chance for me to become exit liquidity but i'm kinda intersted into investing in certain meme coin thats about to get listed in bybit and so on.

overall, my profit is not as good as the other people that went full degens on these meme coin betting thousand of dollars hoping the market cap grow into billion.
but at least i invested into the right meme coin few times.

[Oasisman]

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.

Nah, still too risky to be investing in any of the memecoin in the market. Though there are a handful that has been giving generous profit to the investors, but keep in mind that there are like less than 10 memecoins that's been profiting investors out of thousands being launched in the market.
Now, since memecoins are based on hype and pure support from the investors, I think it would be appropriate to find them on those social media platform you have mentioned. At least there, you would know the standing of that specific memecoin you're interested into.
I honestly had doubts on whether or not I want to put my money in any of those memecoins before, but my risks appetites remains to those few alts that are promising and has a good utility and sustainable in the long run. I honesly, missed a few good memecoin, but that's investing all about, you miss some you win some.

[Ludmilla_rose1995]

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 forgot the name of a site that monitors potential meme tokens on Twitter, most of the meme tokens are marketed via Twitter and no one can predict which meme tokens will be pumped

I used to buy Shiba Inu when the price was quite cheap, then the price goes up because more and more people buy the token, in 2024 there will be lots of meme tokens that use various chains, it's hard to repeat the hype on a meme token, just do your research slowly

[Phoenixtrader]

Since the emergence of Memecoins besides Doge, I was getting some profit decently before lots and lots of the same coins popped up almost every day. now that memecoins are the trend, it's not possible anymore with the new memecoins rather I just stuck with the old ones and remained with my best strategies when to buy at the right time. You just need to be vigilant regarding the timing because if you happen to invest at the wrong time, then you won't get any profit rather you will wait for a longer period for the price to increase than if you happened to invest in the right one.

True yatzer. Meme these days have a short life span. Probably due to porous community or shallow foundations. But they've been some memes I discovered on Bitget memezone that's been doing well for months..MUMU is one, pepe is another, I think this FUD OP is talking about has that same characters. I'll suggest taking your time to do research on sustainable meme with strong community. The platform I mentioned is a good start imo.

[MiF]

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.

There are lucky and there are also people who lose on investing meme coin, it is very hard to point out meme coins that can truly give us profit, i am in crypto since 2016 and i have a lot of good and bad experience but I've never been ever invest in meme coins, because i know the risk and the possible lose because i know that meme is useless coin and it only depends on hype so for me that is very risky.

[rhodelmabanal]

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.

There are lucky and there are also people who lose on investing meme coin, it is very hard to point out meme coins that can truly give us profit, i am in crypto since 2016 and i have a lot of good and bad experience but I've never been ever invest in meme coins, because i know the risk and the possible lose because i know that meme is useless coin and it only depends on hype so for me that is very risky.

I guess i am not lucky on meme coin, because when i buy some meme coin the price will sadly down drastically and i always lose, so i never invested on meme coin again, the investors who buy meme coin and earn is very lucky maybe they experience the hype after buying that is why they earn a lot.

Meme coin is a good investment if you can make a proper timing in buying, because it only needs a minimum capital it only needs small amount of money to buy a bulk of coins, but if you cant make a proper timing it can be a waste of money.

[Pandji02]

Well, I took my profits from DOGE, it took 2 years of waiting. I prefer not to be involved in the current meme market, there are too many of them. And buying the most popular is not that potentially profitable.

[rodskee]

still waiting for my chance now because in the past ? yeah i have taken good amount but since
then after Dogecoin ? i did not risk investing in meme coin but recently as I have seen some of those
coin who made their way in the top? i changed my mind to stop trusting meme instead have put
some of my folio percent in one of them.

[btc78]

Well, I took my profits from DOGE, it took 2 years of waiting.

2 years is a long time especially it is for a memecoin. Personally I wouldn’t want to do long-term investing in memecoins. There is no guarantee that even after two, three, or even four years that the coin will grow. Sometimes it might even seem as though it’s never going to increase anymore.

I prefer not to be involved in the current meme market, there are too many of them. And buying the most popular is not that potentially profitable.

If you are seeing a coin that is already popular then you might be a little too late already and the ratio of your profit might be already too low.

[gunungkembar]

Well, I took my profits from DOGE, it took 2 years of waiting. I prefer not to be involved in the current meme market, there are too many of them. And buying the most popular is not that potentially profitable.

If you want to make a profit from Doge then this depends on when you enter Doge. When you enter when the new ATH is in 2021 then it will take more than 2 years. However, when you enter a bearish season where many altcoin prices collapse, including the price of Doge, it doesn't take long to make a profit from Doge.

[Asyifiah]

Yes it could be. The halving day has passed quickly while the increase in Al coin has not moved at all, only a few top altcoins. Now memecoins have become one of the goals and options for seeking profits in the near future considering that there are several memecoins that shine like pearls in the dark. We hope that bitcoin and Al coin will rise again until the bullish market occurs until the altcoin season arrives, that's what we are waiting for now.

[jasonjm]

I made good profit from meme coins in the past and I am holding a few of them and waiting for the right time to sell. Profit margins in meme coins are huge, look at the pepe coin recent pump. I was thinking about investing in pepe when the price was low, but then I decided against it and invested in an IDO. Not all meme coins are worth your time and money, if you are looking to invest, go for top three or four meme coins.

[Webetcoins]

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.

Meme coins and its trend are not new but maybe @andyou1234 is right that it only got stronger because cryptos in general are also becoming more known and as a newbie, they can easily get hooked about the promise of easy money. They are mainly the target market of these meme coins. To profit in meme coins, requires a good amount of luck.

If we are one of those who are blessed, we should not abused it anymore and wait for more increases because we can only regret it. DOGE and SHIB are still more popular compared to the newer meme coins and I think they will remain like this for a couple more years. It does not mean though that we can now rely on them.

[OrangeII]

Meme coins provide so many benefits for people who buy them on time, unfortunately I have never made a big profit from meme coins. However, the rule of investing in meme coins is to use money you are actually willing to lose. For now, I don't want to take such risks for meme coin. I would probably take it for a coin like ethereum. Anyway, I quite like following the news regarding this.

[lombok]

Yes it could be. The halving day has passed quickly while the increase in Al coin has not moved at all, only a few top altcoins. Now memecoins have become one of the goals and options for seeking profits in the near future considering that there are several memecoins that shine like pearls in the dark. We hope that bitcoin and Al coin will rise again until the bullish market occurs until the altcoin season arrives, that's what we are waiting for now.

Be patient, everything has been arranged by the whales. We as traders who have small capital just need to wait for the price movements made by the whales. Make sure we have bought Meme coin at a very cheap price and after that keep holding the altcoins that we have well. When the time comes and the altcoin season occurs then we can immediately take advantage of the profits we can get.

[AnonBitCoiner]

I made good profit from meme coins in the past and I am holding a few of them and waiting for the right time to sell. Profit margins in meme coins are huge, look at the pepe coin recent pump. I was thinking about investing in pepe when the price was low, but then I decided against it and invested in an IDO. Not all meme coins are worth your time and money, if you are looking to invest, go for top three or four meme coins.

From meme coins everyone cannot get profit because everyone does not have the ability to find good meme coins that grow in price as the time grows. The main thing here is to choose coins which can enhance your profit because if you do wrong things then there is a greater chance to lose your money.

It will be a wise choice if you make investment in meme coins but the investment amount remains lower so if that meme coin surges then without any doubt your little money will change into the maximum amount at once. A little bit of money should be put into meme coins because if we fear all the time then we cannot take profit from them and we will regret it if we see another individual Profiting from meme coins.

[JeffBrad12]

Meme tokens are the best.

I have been taking profit from these meme tokens since they were launched.

- BOME
- DEGEN
- SLERF

To be honest, despite so many blames received by meme token but i must admit that if meme token is the best way for you to generate your money. Do you know why? It can give you instant profit in a short time. Meme tokens are the best thing ever exist in the crypto.
I was also thinking the same like others said meme was a scam but i just getting open minded. You will never able to grow without feeling pain. That's why no pain no gain.

Trading in meme token is really profitable as long as you were investing in the right thing. People were always doubting token. Yeah mostly of meme tokens are scam but it must be noted meme tokens made poor guy can become a new millionaire.