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Author Topic: Meme coins so how you trade them to make constant profits ?  (Read 601 times)
SOKO-DEKE
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June 29, 2024, 07:15:21 PM
 #61


Meme coins are no good for trading. They don't exist for sustainable profits, but most likely for entertainment as they are inspired from internet memes.

Yes, meme coins are not really good for trading. Many meme coins are just pump and dump, so trading meme coins fully depends on luck. Despite having good knowledge about trading, someone can still lose because many meme coin projects are just in the cryptocurrency industry to scam people. But the truth is that when someone is lucky with some meme coins, they can make reasonable profits from it. I would really advise traders to avoid trading meme coins, especially those new to trading.

Nevertheless, I'm still not against those trading with meme coins. But as a friendly reminder, never trade more than you can afford to lose, and never anticipate too much profits from these memes.

Whether it's investment or trading, we should always use what we can afford to lose. Yes, when someone is into meme coin trading, they should take less risk and, whenever they see profit, take it at the right time. Never be too greedy; if not, someone is likely to lose everything when anticipating a chance to make big profits. Let's be wise when trading meme coins because bad aim in the crypto industry of scamming people, no all memecions but almost all are pump and immediately dump.

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June 30, 2024, 11:01:38 AM
 #62

Trading on any type of coin you are unlikely to make constant profits, because the crypto market is not something that can be predicted/analyzed by anyone easily, even though someone says he is an expert but he still only guesses not what will happen which will fully happen according to his predictions.

Memecoin is only fun to trade when it's still hype, slowly when this market starts to bearish memecoin becomes a coin that makes its owners become long-term holders who will find it difficult to predict when they will be able to sell it at a profit, even when the crypto market has started to re-enter the bullish period it could be that the price of memecoin does not rise as expected, so don't focus too much on this coin just like the name meme then this can also only be a joke, many of their stories are profitable, but there must also be many losses, it's just that experiencing losses is not a fun story to share.
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June 30, 2024, 06:40:15 PM
 #63

Trading on any type of coin you are unlikely to make constant profits, because the crypto market is not something that can be predicted/analyzed by anyone easily, even though someone says he is an expert but he still only guesses not what will happen which will fully happen according to his predictions.

Memecoin is only fun to trade when it's still hype, slowly when this market starts to bearish memecoin becomes a coin that makes its owners become long-term holders who will find it difficult to predict when they will be able to sell it at a profit, even when the crypto market has started to re-enter the bullish period it could be that the price of memecoin does not rise as expected, so don't focus too much on this coin just like the name meme then this can also only be a joke, many of their stories are profitable, but there must also be many losses, it's just that experiencing losses is not a fun story to share.
Whether meme or top coins or to those which does have utility would really be never giving out that kind of guarantee that it could really make that constant profits on which its true on what you have said
that whenever there's hype then making money could really be possible but of course you should really be watching out yourself not to be caught on the peak because if you do then it would really be a huge loss of money and this is something that you should really be that trying out to avoid as much as you could. There's no way that we could really be able to assure on how these things would really be ending up because we do know that there would really be tons of factors that would really be affecting out someones success and this isnt something that will really be known specially on trading up with neither memes or with those top coins in the market.

We are all thriving on the same target or goal on which it would really be someone who would really be that profitable on this unpredictable and volatile space. Its not easy but
doesnt mean that someone cant be able to make money with it. It would really be just that basing on how well you do make out those decisions and steps along the way.

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June 30, 2024, 09:33:23 PM
 #64


Meme coins are no good for trading. They don't exist for sustainable profits, but most likely for entertainment as they are inspired from internet memes.

Yes, meme coins are not really good for trading. Many meme coins are just pump and dump, so trading meme coins fully depends on luck. Despite having good knowledge about trading, someone can still lose because many meme coin projects are just in the cryptocurrency industry to scam people. But the truth is that when someone is lucky with some meme coins, they can make reasonable profits from it. I would really advise traders to avoid trading meme coins, especially those new to trading.
Yep mate!
It is beyond any doubt that Meme Coin is not really good for trading. Because they don't have any use case LOL,  ;Dthey are made for just jokes. But anyway it is true that a meme coin is good, whether it's for investment or it's for trading both are just based on luck.
 
Apart from this, if meme coin is considered a synonym of gambling, then it will not be bad because due to the pump dump in meme coin, no one can say with 100% satisfaction that it will really rise and fall because In meme coin, within a short time, the coin corrects from 10℅ to 2x, 3x just in a second. So, no matter how much the meme coin is analyzed, it works only on a luck basis as it happens in betting.

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June 30, 2024, 09:39:08 PM
Last edit: June 30, 2024, 10:00:37 PM by AmoreJaz
 #65

Trading on any type of coin you are unlikely to make constant profits, because the crypto market is not something that can be predicted/analyzed by anyone easily, even though someone says he is an expert but he still only guesses not what will happen which will fully happen according to his predictions.

Memecoin is only fun to trade when it's still hype, slowly when this market starts to bearish memecoin becomes a coin that makes its owners become long-term holders who will find it difficult to predict when they will be able to sell it at a profit, even when the crypto market has started to re-enter the bullish period it could be that the price of memecoin does not rise as expected, so don't focus too much on this coin just like the name meme then this can also only be a joke, many of their stories are profitable, but there must also be many losses, it's just that experiencing losses is not a fun story to share.

Even if we say such trader is a long timer or an expert, he won't guarantee constant profit on his every trade. Because if one does, it means, he is not saying the truth. No one has the crystal ball to know where each market is heading to. We all can speculate but saying you can precisely predict what will happen next, is overestimation.

If you want regular profit when exploring the meme market, you should at least observe the following - don't get too attached with the coins/tokens, sell it when you are already in profit. Most of them lose its value so fast you can't even have the time to think. Look for projects that is highly advertised, as the team may have the plans to pump it in the market. Sell it when they start pumping, but don't buy when it is like they are at their pumping level. You will see later on that it will go down fast and won't recover anytime soon. Most of them will be abandoned permanently.

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June 30, 2024, 11:06:14 PM
 #66

Meme what's your methods?
How much you make daily ? Weekly? Profit ?
I was looking into I bought them in Dexscreener when they launched early and still nothing moves but Everybody talking about 1000x gains or 10000x where ? So i did invested small money into to try to trade them because i tought why not If i can turn 1$ into 100$ in one day...but most of profit i was managed to make was 2x times only.
So it's high risk high reward game it means the 2-5x return will be not enough because i will only invest small money in this the point of memes should give higher profit.
So what i possible do wrong and what is the issue that meme coins do what we been told.
You already found out how some of these things do actually work. Now most memecoins are pump and dumped given that, they aren’t there to solve any unique problem and should a few of them manage to get listed, then it’s up to the sales for those that mined during the campaigns or pre-listing. By the time it get listed, the coin is already dumping and it would take a very strong project to have a little leap afterwards. Memecoin haven’t been much of a thing for me not to talk about trading them, I just don’t but, don’t follow all you hear about these and that coin on YouTube and other social media pages. Ensure you filter the contents that is presented to you, test it for results and be open to the outcome.

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June 30, 2024, 11:49:59 PM
 #67

Trading cannot guarantee constant profits for everyone. Most particularly if you chose to trade with meme coins, the chances to lose is even high than making yourself stay in profits. So I'd say if you want to prevent from losing more often, learn to trade using those highly potential and reputable coins, not those meme coins. Remember, meme coins only exist when hyped, they are actually not born with potentials. So you see, when the hype is gone, it's as good to say that meme coins will be no longer worthy to trade anymore.

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July 01, 2024, 03:17:16 AM
 #68

Trading cannot guarantee constant profits for everyone. Most particularly if you chose to trade with meme coins, the chances to lose is even high than making yourself stay in profits. So I'd say if you want to prevent from losing more often, learn to trade using those highly potential and reputable coins, not those meme coins. Remember, meme coins only exist when hyped, they are actually not born with potentials. So you see, when the hype is gone, it's as good to say that meme coins will be no longer worthy to trade anymore.
You're right, but we can see meme tokens currently gaining ground within their communities quickly. I don't think I would trade meme tokens with the risk that I think is greater than other tokens or coins. Meme tokens are only to be held for a short time, sell them immediately when the price rises and forget about buying again. It cannot be denied that there are those who have succeeded in making a profit from meme tokens, but I am sure it will not produce constant profits.

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July 01, 2024, 06:21:04 PM
 #69

Trading on any type of coin you are unlikely to make constant profits, because the crypto market is not something that can be predicted/analyzed by anyone easily, even though someone says he is an expert but he still only guesses not what will happen which will fully happen according to his predictions.

Memecoin is only fun to trade when it's still hype, slowly when this market starts to bearish memecoin becomes a coin that makes its owners become long-term holders who will find it difficult to predict when they will be able to sell it at a profit, even when the crypto market has started to re-enter the bullish period it could be that the price of memecoin does not rise as expected, so don't focus too much on this coin just like the name meme then this can also only be a joke, many of their stories are profitable, but there must also be many losses, it's just that experiencing losses is not a fun story to share.
Precisely, even bitcoin won’t guarantee sustainable profits. The fact that you are trading with coins that do have uncertain future and you are trading in a very unpredictable market, then the outcome would also turn out highly unknown. Even the word trading itself does not mean constant profitability.

However, the worst part here is focusing on trading meme coins where the chances to lose than winning is at its highest. I suggest trade with other potential coins but avoid meme coins, majority of them have no real value in the end. This is just based on my personal trading experiences, it’s up to you how will you manage your trades, but as always, trade responsibly.

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July 01, 2024, 10:30:21 PM
 #70

I mean Im here to find best working way so i can make full time income of this Im sure many others want same thing with meme coins they are volatile enough for that.
I don't know how this topic still lies in the trading section but I wanted to say trading meme coins is risky and if you can make 2x to 5x that's amazing, but as you also said, you are investing small money which means you are only making 10$ to 50$ right. But I think that's also enough for a person to make from 1 to 5 Dollars.

I think meme coins are a waste of time, but yeah people are making millions from it, actually, my point of view is they do nothing in the crypto market, there is no use case, they are just bubbles, and one who made a profit gets away with profit while the newbies or people with lesser knowledge stuck in that coin either by no liquidity or due to high volatility they just don't want to sell as the lose is big. I once receive some meme coin due to some airdrop and they were like moving fast I swapped them ASAP.
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July 03, 2024, 02:06:10 PM
 #71

I am avoiding them as much as I can. They're too volatile for me and I don't know if my analysis will work for them.

Typically, they don't. And I'm not so good with how I'm going to read them. To say that someone gets constant profits from meme coins, it's probably they're early buyers and held it for quite a while and then sold it when the profit is in there.

To be honest, everyone is making it as if earning and trading memecoins is an easy thing but it's not.
But, isn't volatility good for trading? Ah, maybe you prefer a low-risk trade but I think you are not considered as a real trader for that, rather a hybrid investor dash trader. You must still try if you haven't yet because how will you know if your analysis will work for them or not? Let say it didn't work but you should not give up easily. You still can tweak it and maybe it will now work that time.

To have a constant profit in meme coin sounds too good to be true because they are not built for the long-term, right? So, we can only earn instant profits here. Having a lot of meme coins and then they luckily pump one by one might be the reason for one to say that their profits are constant with it.

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July 03, 2024, 04:05:14 PM
 #72

I have got screwed couple of times when I tried investing in meme coins, so on my side of investment portfolio I'm not holding any meme but have about 3 Altcoins I'm good holding at the moment regardless of whatever outcome at the end of my expected investing time target.
 To be sincere, my portfolio in Bitcoin has actually done pretty well, and not only that, I'm more at peace holding most of my portfolio in Bitcoin than holding many Altcoins, if you haven't had the experience of losing money in Altcoins and bloody it used to compared holding Bitcoin in a bear market you won't really understand the need to stick more into Bitcoin.

R


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July 05, 2024, 03:55:18 PM
 #73

Trading cannot guarantee constant profits for everyone. Most particularly if you chose to trade with meme coins, the chances to lose is even high than making yourself stay in profits. So I'd say if you want to prevent from losing more often, learn to trade using those highly potential and reputable coins, not those meme coins. Remember, meme coins only exist when hyped, they are actually not born with potentials. So you see, when the hype is gone, it's as good to say that meme coins will be no longer worthy to trade anymore.

If someone thinks of doing trading with meme coin, he can't do anything good. But we need to find some good coins to do good things by trading, only then we can do good things from trading. I don't see any good future for meme coin.  It seems to be best for us to try to stay away from meme coins as much as possible. I have made good profits from meme coins several times but now it is very difficult to profit from meme coins. So I always try to find some good coins that have  Try to invest in some coins that will give you good amount of profit and no risk.

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July 05, 2024, 04:01:36 PM
 #74

Trading cannot guarantee constant profits for everyone. Most particularly if you chose to trade with meme coins, the chances to lose is even high than making yourself stay in profits. So I'd say if you want to prevent from losing more often, learn to trade using those highly potential and reputable coins, not those meme coins. Remember, meme coins only exist when hyped, they are actually not born with potentials. So you see, when the hype is gone, it's as good to say that meme coins will be no longer worthy to trade anymore.

If someone thinks of doing trading with meme coin, he can't do anything good. But we need to find some good coins to do good things by trading, only then we can do good things from trading. I don't see any good future for meme coin.  It seems to be best for us to try to stay away from meme coins as much as possible. I have made good profits from meme coins several times but now it is very difficult to profit from meme coins. So I always try to find some good coins that have  Try to invest in some coins that will give you good amount of profit and no risk.
You can't say he/she can't do anything good if they invest on mrmecoin. memecoin as able to give profit more then anothers altcoins even bitcoin but you have to invest there in right time. must of the beginnings traders and holders done a common mistake that is investment in hype periods. when you will invest in meme coin in hype periods then it will work like gambling. coz in thet time price of meme coin muve very fast. which will make you panic and when the value of that coin will decrease some you will panic and sell them in loss. and including this you will do more mistake and loss a big amount.

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July 05, 2024, 09:05:50 PM
 #75

I have got screwed couple of times when I tried investing in meme coins, so on my side of investment portfolio I'm not holding any meme but have about 3 Altcoins I'm good holding at the moment regardless of whatever outcome at the end of my expected investing time target.
 To be sincere, my portfolio in Bitcoin has actually done pretty well, and not only that, I'm more at peace holding most of my portfolio in Bitcoin than holding many Altcoins, if you haven't had the experience of losing money in Altcoins and bloody it used to compared holding Bitcoin in a bear market you won't really understand the need to stick more into Bitcoin.
The best thing to do is to always concentrate on one potential memecoins because from my experience overtime, you lose more when you hold multiple coins since the memecoin market partten is always the same, so if you hold multiple of them, when market slide against your expectations it will affects your investment greatly.


But if it one coin, you can easily monitor the market movement and taking profits and cutting loses when their occur, so for sure I don't hold memecoins for long term base but on a short term speculation of market.

R


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July 06, 2024, 07:15:50 PM
 #76

I have got screwed couple of times when I tried investing in meme coins, so on my side of investment portfolio I'm not holding any meme but have about 3 Altcoins I'm good holding at the moment regardless of whatever outcome at the end of my expected investing time target.
 To be sincere, my portfolio in Bitcoin has actually done pretty well, and not only that, I'm more at peace holding most of my portfolio in Bitcoin than holding many Altcoins, if you haven't had the experience of losing money in Altcoins and bloody it used to compared holding Bitcoin in a bear market you won't really understand the need to stick more into Bitcoin.
Yes, with the experience you have had while being a meme coin investor, you have gained important or valuable experience, of course you will not repeat it again if you have experienced losses or been cheated there. It is better. If you save 3 altcoins that have pretty good potential or fundamentals, in my opinion there is no problem investing there, yes altcoins certainly have quite affordable prices in this case compared to bitcoin. Indeed, I personally also feel that investing in Bitcoin is much calmer and safer because we already have knowledge or experience in the world of cryptocurrency. If the price decreases, of course that is normal and we can control our own fears.

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July 07, 2024, 09:04:17 PM
 #77

Meme coins so how you trade them to make constant profits ? First of all I'm rarely making real profit from memecoin, yes some meme coin can double of your money very easily but some other memcoin can make you rekt in a second and that's the truth for me memecoin is just purely gamble with 50.50 chance obey technical and fundamental aspect

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July 08, 2024, 09:27:06 AM
 #78

I personally don't trade in big amounts aka lots on meme coins that have no real value behind the project, it is kinda of gambling for those who understand the crypto industry and pro traders know what to do at a specific situation. I just joined HYPE and tried to get as much as profit possible while the train goes in my direction.


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July 08, 2024, 11:41:44 AM
 #79

Meme coins so how you trade them to make constant profits ? First of all I'm rarely making real profit from memecoin, yes some meme coin can double of your money very easily but some other memcoin can make you rekt in a second and that's the truth for me memecoin is just purely gamble with 50.50 chance obey technical and fundamental aspect
Trading and constant profits should never be on the same sentence, the markets can be erratic on their movements and this means the profits you can get will also be erratic, with some months being great, while some others will bring you losses instead.

So anyone that is thinking about how to obtain constant profits with trading should forget about that goal, as there is no way to obtain it, that being said, trading meme coins can be a profitable activity but it is way harder than what the majority of the people think, and if they understood the true odds they had to succeed, I am sure they will never trade meme coins.
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July 08, 2024, 01:55:23 PM
 #80

Trading cannot guarantee constant profits for everyone. Most particularly if you chose to trade with meme coins, the chances to lose is even high than making yourself stay in profits. So I'd say if you want to prevent from losing more often, learn to trade using those highly potential and reputable coins, not those meme coins. Remember, meme coins only exist when hyped, they are actually not born with potentials. So you see, when the hype is gone, it's as good to say that meme coins will be no longer worthy to trade anymore.
You're right, but we can see meme tokens currently gaining ground within their communities quickly. I don't think I would trade meme tokens with the risk that I think is greater than other tokens or coins. Meme tokens are only to be held for a short time, sell them immediately when the price rises and forget about buying again. It cannot be denied that there are those who have succeeded in making a profit from meme tokens, but I am sure it will not produce constant profits.
Meme Tokens will provide profit for a short period of time but  who try to hold it for a long period of time will see a decrease in the amount of profit and a higher chance of losing. As we can get 50-100 times more than our investment by investing in a meme token, the same will play a role in losing. If we observe the recent market, meme coins have fallen more than Bitcoin or other coins have fallen in price. Even if the market turns again, there will be a race for meme coins. But the investor must bear the risk. Shib token has dominated the market for a long time but there is no improvement in that coin. Those who were holders understand their situation well.

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