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Author Topic: How are your meme bags doing?  (Read 190 times)
Phoenixtrader (OP)
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May 28, 2024, 01:41:58 PM
 #1

It's no secret that memecoins kick-started the previous bull cycle, and I think we're seeing it happen again right now. Memes like PEPE (which recently smashed its all-time high), WIF, FLOKI, PENG, MAGA, and others have shown significant signs lately. I've also added some new memes to my portfolio, like Dogemob.

I got in around a $5 million market cap. It has an active community, multiple CEX listings (https://x.com/DogeMobOfficial/status/1795072217903968742?t=mKajWRG0JywqTGhum7fm-g&s=19), and lots more. I think it's looking green for meme enthusiasts like myself. What do you all think?


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May 28, 2024, 03:39:02 PM
 #2

I don't see use of these meme tokens but most of the pairs that I trade due to volatility are memes also take note of $Turbo this is currently the one I trade and it has stayed at an uptrend these past 2 days.

I've heard that there is a big community on NFTs and Memes those people are the ones who push these memes.
Currently, I don't hold Meme except for Doge and a bit of Shib most of the coins I hold are old mined coins, and hoping that this coming next year I will see a huge price increase to my old coins that I held since 2021.

If I'm going to buy these hot Memes I don't think this is the right time to buy them I maybe wait for dip price again and Im going to hold a few of them for small amount let's see holding it until next year if it would give us lambo.

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May 28, 2024, 08:33:54 PM
 #3

I have not experienced.any memecoin  bull run or All Time High. Though it might have happened but I was not aware since I am not a user of memecoins. And the dogemob you mean will be listing very soon in bitget centralized exchange with $100,000 worth of token which is a nice one to start up. And from what you have said if the token have a community support then it will be good to invest. The dogemob token has been mentioned before but I didn't take it serious at that time. And we pray that it does well in the cryptocurrency market.

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May 28, 2024, 09:40:38 PM
 #4

~
I don't think I'm going to be buying for now lol. I was lucky with PEPE since I got pretty good profits from shorting it every now and then, but I highly doubt it's going to happen again for now. I'd expect it to just stream down for a couple of months and I'd probably decide to hold a bit after that and wait till it just pumps up again before restarting my shorts to it.

As for other memecoins, well, too lazy to follow most of them. I only even started PEPE cause my crypto app kept spamming me that it went up/down by 5% in the last hour lol.

R


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Phoenixtrader (OP)
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May 28, 2024, 10:05:53 PM
 #5

I have not experienced.any memecoin  bull run or All Time High. Though it might have happened but I was not aware since I am not a user of memecoins. And the dogemob you mean will be listing very soon in bitget centralized exchange with $100,000 worth of token which is a nice one to start up. And from what you have said if the token have a community support then it will be good to invest. The dogemob token has been mentioned before but I didn't take it serious at that time. And we pray that it does well in the cryptocurrency market.
I think you need to experience the feeling. It's good if it goes your way then bad if it doesn't ahaha. Yes it's listed on Bitget already and went from $5m mcap to about $6.7m in few hours the last time I checked probably due to thr PoolX farming you mentioned... the community is okay and active and the admin is interactive too. I'll be watching this like I stated while keeping an eye on other memecoins 😎
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May 28, 2024, 10:06:27 PM
 #6

~
I don't think I'm going to be buying for now lol. I was lucky with PEPE since I got pretty good profits from shorting it every now and then, but I highly doubt it's going to happen again for now. I'd expect it to just stream down for a couple of months and I'd probably decide to hold a bit after that and wait till it just pumps up again before restarting my shorts to it.

As for other memecoins, well, too lazy to follow most of them. I only even started PEPE cause my crypto app kept spamming me that it went up/down by 5% in the last hour lol.
You've been shorting pepe? You've got balls man.
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May 28, 2024, 11:31:45 PM
 #7

I invested a little bit on Pepe and Floki a few weeks back. Both are looking good for now but how long they will keep going up is constantly coming up on my mind. I planning to hold on to them for a month and then looking at the maket condition will decide whether to accumulate more or sell them. Looking the the way some of the established meme coins are performing I do feel they will be again trending in the market when the next bull run returns.

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May 29, 2024, 12:09:31 AM
 #8

Everything is going very well with meme token at this moment.

But, hold on a second. You said that you have entered when the marketcap was around 5 millions and did you face a huge lose?



Look at the picture. It doesn't even make sense since the current marketcap was around 3 millions and that's why i ask you that. Everything is going very well with MEW at this moment. My portfolios is flying now.

Im only wondering it. You called yourself you have invested it since it was 5 millions marketcap. Are you lying?

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May 29, 2024, 01:56:04 AM
 #9

They are doing great thank you. I had been the one that was suspicious about meme coin and dismissed them and recommended against investing on them for years but from last 6 months, I had a change in mind after I realized meme coins are doing better and better and I was the one who's left behind. So, I started with the top coins Shiba Inu, made good profit on it and sold it to buy PEPE, I used my own money to buy BOME. Just sold PEPE for a good profit (20%) a couple of days ago and bought Bonk. BOME is doing really good for me (50%+) so I'm selling it on batches. BOME had been my largest meme investment and still is. I have started taking profits but don't plan to sell it all at once. Bonk too has been doing good, a 12% rise since I bought, I might start taking profit there too.


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May 29, 2024, 02:34:19 AM
 #10

I don't see use of these meme tokens but most of the pairs that I trade due to volatility are memes also take note of $Turbo this is currently the one I trade and it has stayed at an uptrend these past 2 days.

I've heard that there is a big community on NFTs and Memes those people are the ones who push these memes.
Currently, I don't hold Meme except for Doge and a bit of Shib most of the coins I hold are old mined coins, and hoping that this coming next year I will see a huge price increase to my old coins that I held since 2021.

If I'm going to buy these hot Memes I don't think this is the right time to buy them I maybe wait for dip price again and Im going to hold a few of them for small amount let's see holding it until next year if it would give us lambo.

     I also bought Turbo for around 0.00073$ and now hold it, and my profit here is actually big. Although I only invested a small amount here, I took a profit here of at least 50% of it. At the same time, like you, I also have a few SHIB and doge.

     I still have other meme coins that are also held in my wallet, most of which have increased their prices so far, although I bought all of them in small amounts, and now I have taken a profit of at least 50% of them,  which is not bad in less than a month.

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May 29, 2024, 08:03:58 AM
 #11

It's no secret that memecoins kick-started the previous bull cycle, and I think we're seeing it happen again right now. Memes like PEPE (which recently smashed its all-time high), WIF, FLOKI, PENG, MAGA, and others have shown significant signs lately. I've also added some new memes to my portfolio, like Dogemob.

I got in around a $5 million market cap. It has an active community, multiple CEX listings (https://x.com/DogeMobOfficial/status/1795072217903968742?t=mKajWRG0JywqTGhum7fm-g&s=19), and lots more. I think it's looking green for meme enthusiasts like myself. What do you all think?
That's nice, and by now, you should be called meme master...lol Memes have been so spectacular since the first one was introduced and I do not think they are ready to go any time soon. Like I told a user a while ago, he should perish the idea that meme coins in the cryptocurrency industry will die or disappear, it has come to stay and that is the final. It is a very strong section in the cryptocurrency industry and recently, I've noticed that the sections that are better performing are Defi and Memes and I think they are for obvious reasons.

People seem to prefer them because memes are often reliable when it comes to multiplying the investment of the investor when many other coins/tokens are sluggishly moving. While the Defi is an objective project that has good future prospects. I see it continuing like this and also an eye-opener in the next bull run when they've retraced already.

But for your Dogemob, I can only tell you to be careful. This is where some people are being scammed or fall victim to crypto projects that will not perform much. Mind you, a $5m market cap is so little, I don't even know why you are excited about that.

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May 29, 2024, 08:27:50 AM
 #12

Actually I'm not a lover of memecoin and I don't  think if I can put my money in meme, I rather invest in altcoins instead of investing in memecoin, those Investor's who have been profiting from meme Investment I think they really understand how meme Investment work's for me I have no idea about how meme Investment work's. that is why I always avoid them so as to avoid losing my money, because if you don't understand how meme Investment work's there's no way you're going to get profited from meme Investment.

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May 29, 2024, 08:57:58 AM
 #13

I think you need to experience the feeling. It's good if it goes your way then bad if it doesn't ahaha.
We don’t want to invest because of feelings.

If you are only investing because of the high it gives you when things go right then you might want to consider stepping back for a moment. Of course anything that yields bad results will give you bad feelings this is why you should try to be objective about everything the best that you can.

If we let feelings lead us, we might make some bad decisions.

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May 29, 2024, 10:39:07 AM
 #14

myself. What do you all think?

I don't do MemeCoins and if you who's into it is doing so well, congratulations and While I hold onto my reputation crypto coins, congratulations to me. I'm not an anti meme but learning about its high rate of volatility, it's feels fearful to invest on. Maybe even if I'd have to invest on it somedays, it's going to be like I'm just giving out to the platform with a potential to make profit and if it fades out so be it.

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May 29, 2024, 11:29:28 AM
 #15

it's feels fearful to invest on.
Memecoins investors take so much risks that they should be considered soldiers at this point lol.

If you are someone who doesn’t do well under pressure especially one under time I don’t think you should invest in memecoins. Memecoins profit can be created but it will come out very quickly and you have to act as quick. If you are indecisive and someone not confident, then investing in memecoins wouldn’t be best fit for you.

However if you feel like you can take such risks then you can try to invest on memecoins. Getting involved with memecoins depend on the kind of investor you are and kind of investor you can be.

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May 29, 2024, 06:33:22 PM
 #16

it's feels fearful to invest on.
Memecoins investors take so much risks that they should be considered soldiers at this point lol.

If you are someone who doesn’t do well under pressure especially one under time I don’t think you should invest in memecoins. Memecoins profit can be created but it will come out very quickly and you have to act as quick. If you are indecisive and someone not confident, then investing in memecoins wouldn’t be best fit for you.

However if you feel like you can take such risks then you can try to invest on memecoins. Getting involved with memecoins depend on the kind of investor you are and kind of investor you can be.
Risk takers may be, but soldiers? Nah. What are their contribution to the society then? Not only that but meme coins are in fact tarnishing the image of cryptos. Some meme coins are not new and they are like BTC that once you miss the pump you might still have the chance to grab them again next time.

BTC is still more times better than them and it's still better to be attentive and grab opportunities immediately once they show up especially in meme coins. When I say grab opportunities immediately, I don't mean we sell once the price rise even just a little but it's when we saw at least one good pump in the current bull run round. 

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May 29, 2024, 09:50:09 PM
 #17

I do not have a lot of meme coins.

Only have a few and they are not performing well. I guess I was too late on the party and the volume have dropped a lot and this coin is likely won't be the same when it's still hype.

I've bought it when the hype's gone and thought that some movement will happen on it based on how I think it will be. Maybe not for now, I'm fine and I invested an amount which is not a lot.

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May 29, 2024, 09:54:49 PM
 #18

I think meme tokens are good to hold and that should not make us to think that all meme coins are good to hold.
There are many holders that have made the mistakes of thinking that all meme are going to be profitable going too far to buy scam coins that are launched by scammers to get money from investors. One need to be wise when making decisions for the meme holdings.
I can only buy popular meme and make money from the market than going to buy unnoticeable meme coins









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May 30, 2024, 07:42:43 AM
 #19

I can only buy popular meme and make money from the market than going to buy unnoticeable meme coins
Some people refuse to buy popular coins as they feel like it is too expensive already or they believe that if they were to buy a coin that has not yet been appreciated, the profit would be much bigger which it is true but it's hard to find newly launched projects that would generate 10x, 20x, 30x profit.









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May 30, 2024, 12:44:44 PM
 #20

I gave up on alt coins for some years now, and the fact that even the old memecoins I held till date have not shown any sign of growth is so disappointing. Although I am beginning to see some trend in the alt market, and I think if any investor has a portfolio loaded with different memes and other alt coins, there is a high chance that a few tokens from your investment pump will be profitable, and when you get profit from those pumped tokens, it can cover your losses from the non-profitable ones. 

My portfolio is only comprised of Bitcoin, although my old wallets from 2019 are still holding some old altcoins like babydoge and their likes, which are just sitting like shit in that old wallet.

 If you have such a large portfolio like on the picture you provided, the chances that you will make a profit are a bit certain but should also hold some Bitcoin.

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