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Author Topic: Your honest stats how much you make profit with meme coins ?  (Read 138 times)
Fullbear2222 (OP)
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June 25, 2024, 02:19:31 PM
 #1

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?
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June 25, 2024, 02:26:37 PM
 #2

First, you are asking questions about meme coins which is not trading. This thread suppose to be on altcoin board.

You do not need to ask this question because it is not having any use. You can go through exchanges or some sites to check the price of the altcoins of your choice and calculate what could be the profit and loss of you invested x amount of money.

Also from the history of the price of the meme coiny, you can easily know how volatile they are and how much people can lose during bear market because as they rose so could be their fall. I did not invest in meme coin this year yet and I am not planning to invest until they fall like 20 time or more.

Investing in meme coin is like gambling. Invest the amount of money that you can afford to lose.

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June 26, 2024, 07:54:20 PM
 #3

Remember that all coins can't bring the same profit to everyone. The value of meme coins can fluctuate wildly and can be quite risky, especially for those new to the market. For a better understanding, take a look at the charts of some meme coins here:

https://www.coingecko.com/en/categories/meme-token

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June 26, 2024, 08:19:53 PM
 #4

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?
There's no steady income with microcaps that you could put in daily/weekly/monthly terms, because that's about luck. Majority of them won't make you a penny. In fact you can count all those as losses in most cases. Then there can be one huge one. That could happen maybe once a year or once in few years that covers your losses.

So, anyone saying that they make some sort of steady daily/weekly/monthly income is most likely lying to you or trying to lure you in to their group, that seem to have a good track record because they will delete all their bad calls later on.

And it's not just "meme" tokens. It's all the microcaps.

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June 26, 2024, 08:37:26 PM
 #5

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?

I only deal with meme tokens when there is a hype and I can say you can earn a pretty good amount once you manage to get in early and secure the profit. Meme tokens are too risky for a daily trade honestly, though you can still try if you are confident about your trading skills but still the profit is not guaranteed. Many made a lot of profit with the meme tokens by riding the hype early, so the early you buy the better and if you miss the opportunity better not to fell FOMO.

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June 26, 2024, 08:39:52 PM
 #6

Investing in meme coin is like gambling. Invest the amount of money that you can afford to lose.
This is completely true. that's what made me not invest in meme coin so far because like what you said. Investing in meme coins is like gambling, it is difficult for us to analyze or research the coins, we can only rely on hype and the moment when to buy and when to sell. Mistakes in making decisions will make us lose money, this is very different from investing in altcoins that have potential or the top altcoins that we can analyze, although they cannot be predicted, the risk is smaller than investing in meme coins.

Many influencers are showing off the benefits of investing in meme coins, but I don't easily believe their words because of course they say things like that because they have a specific purpose. In fact, I often read comments from many people on influencer social media, many of whom have experienced losses. So I agree that meme coins are like gambling, not investment.

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June 26, 2024, 08:42:42 PM
 #7

I'm more interested to know how they are doing it. For like how did they make money out of these memecoins, are they moving from one memecoins to another in time for the pumping?

Because I certainly am doing it badly. I bought some memecoins and then just held it for a few days and I can see it growing but tried holding and then the price just took a plunge and never returned to its higher price again.  

I regret not selling when I should have sold and moved to another which means I will be watching a lot of these memecoins charts. Should this be the way to go about it?


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June 26, 2024, 09:19:59 PM
 #8

Remember that no one will tell you about his/her earning or profits from meme coins or from trading. I personally made some profits and some losses at meme coins but I'm not going to share the stats because it's not a good thing at all.

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June 27, 2024, 01:06:13 AM
 #9

It's hard to give an exact number on profits through memecoin but in general, at the moment, I have none.
I've been doing long term investment and grid trading on meme coins. Being much volatile and having larger volume compared to the total market cap, memecoins are good for grid trading. I had made some good money through grid and withdrew it in dollars. But on the other hand at current time, memecoins like any other crypto are down than what they were a few months ago. The fall in memecoins had been much larger which has decreased my overall portfolio. I'm actually in loss if we compare all of it to dollars. This is one of the cons of holding large amount of memecoins.

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June 27, 2024, 02:32:14 AM
 #10

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?


There are a lot of threads on meme coins, you might wanna hover on them, read every single of comments, consume the knowledge and apply it to your trading if it fits for you.

Although memecoins are only for short-term, like you instantly have to sell it if you are getting profits..

There's no such thing of making money daily. It's just a dream.
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June 27, 2024, 05:40:50 AM
 #11

I'm more interested to know how they are doing it. For like how did they make money out of these memecoins, are they moving from one memecoins to another in time for the pumping?

Because I certainly am doing it badly. I bought some memecoins and then just held it for a few days and I can see it growing but tried holding and then the price just took a plunge and never returned to its higher price again.  

I regret not selling when I should have sold and moved to another which means I will be watching a lot of these memecoins charts. Should this be the way to go about it?
The secret is that there is no secret, there are thousands of meme coins and millions of investors, so by pure luck alone there are people that should get great results out of their investments, however since they are often unaware this is the case, those people actually believe themselves to be natural geniuses which can predict what those coins will do.

So you either accept this fact and keep investing in those coins hoping for the best, or you change your strategy and invest in other coins, as there is no way to know if you will ever get the good results you are expecting.
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June 27, 2024, 06:19:46 AM
 #12

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?


You've got to be kidding me with all of your detailed questions, right? Are you trying to interrogate us? Your questions are very detailed, and as someone else said, it's kind of strange to answer such certain kinds of questions. You can bet that you would have made between 60% and 100% in a short amount of time, whether it was every day, every week, or every month. Sniping a low-cap coin everyday is a hard game. It's hard to snipe a meme coin, which has a low cap, because scammers will usually try to steal your money.

And for the last, buy meme tokens that got a lot of attention from the community. I wasn't telling you to buy brand-new meme tokens because 95% of them were fake. Just remember to be careful every time you trade meme coins.

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June 27, 2024, 07:43:43 AM
 #13

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?

Why are you asking this? Oh wait I mean why are you asking all of this? Are you making a survey around us? For what?
Well, I'll just answer it then and I hope I will help with your survey if that's your intention here.

1. I don't make money investing into meme coins because at first place, I'm not investing into it at all.
2. 0$
3. 0$. 0$. 0$
4. Hell no. I don't want to risk my money investing into meme coins that has a very low market cap. The risk is too high for me.
5. I don't make money in meme coins, but I believe there are some who already did it.

You're interested? Why? Because you want to copy what are the coins? This is your intention at first place then thus, creating a thread like this. Tongue

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June 27, 2024, 07:59:50 AM
 #14

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?


Is there definite figures you can earn on memecoin investment? since for me it will depends on how lucky you are.

No guaranteed amount since you might experience to get negatives for those scams.

Again negative you can't assure anything about it whether you earn at exact timeline or not.

Depends but I usually not go automatically with low mc memecoins I always check the community to get more better chances to earn.

Not all make huge profit on meme coin and people need to correct that impression since there are more people who lost their money because they expect to much on those scam tokens and they end up getting nothing. If there's someone earn huge then either they are lucky or just have good discipline towards investment and risk taking and they don't go with hype like people says hodl because they can earn more profit because that's how meme coin traders lost their money especially if the team handling those tokens starting to escape then do the rug pull schemes.

R


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June 27, 2024, 11:09:39 AM
 #15

I’ve made & lost money investing in memecoins but therein lies the very nature of memecoins, they are a total gamble, there are so many that it can be impossible to get in early to buy THE next big thing. Nobody is going to tell you intimate details about exactly how much money they make, it’s very personal.

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June 27, 2024, 01:33:32 PM
 #16

Should we be honest to do that? Memes won't be involved anymore because for me it's worthless.

You see people making thousands of dollars from memes because of influence on X or other social media? Rest assured if you see that you're getting fomoed by them, the fact that you're involved in meme trading is much harder...

R


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June 27, 2024, 07:04:53 PM
 #17

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?
You have asked the truth, so the truth is that I have no interest in meme coins at all, the reason behind this is that as you seem to be interested in meme coins, when I heard about them, I was excited to invest and get profit but after some cheats in meme coins, I am not interested in meme coins anymore.
If we want to be a successful trader then we should choose Bitcoin and good alternative coins, the profit is late we have to wait but there is at least less risk.

Futures and margin trading and meme coins trading are not in my interests, not at all because their consequences can be very serious. I do support spot trading and prefer it. Other than that, I don't deny that memes don't benefit people from them, many people trade on meme coins and profit, in my opinion, they can be lucky, nothing else.

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June 27, 2024, 08:18:05 PM
 #18

So a lot people make huge money with memes im interested to know If you make Also ?


I stopped investing in altcoins (meme coin inclusive) because of the high risk of losing money in most tokens that one would think of as a very profitable and reliable project. My crypto portfolio is 99.9% Bitcoin, while 0.1% is only the old altcoins that I have invested in since 2021. Despite the fact the fact that I don't invest in altcoins, I occasionally go through newly added tokens on the Coingecko website, and recently I saw a meme coin that was added just about 3 weeks ago, and when I saw the token, it was just $0.00049. I kept tracking the token till today, and I just checked it now as at the time of writing the comment, and guess what? The price is now $0.00108, while its ATH was recorded as $0.0012 a few days ago. 

I actually predicted that the token was going to reach 0.001 cent before dumping, and it did. If I had invested $1k when the price was just $0.00049 and sold it at $0.001, that would have been a 100% profit. That's how people make money on meme coins, but if you are not careful, you might get burned. I am not making profit with meme coins now because I don't want to take such risk now.

Wondering about the token I'm speaking of? It's called TUB. 

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June 27, 2024, 08:22:02 PM
 #19

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?

I have made some good profits in meme coins but I only put what I can lose in them. I still have some few of them that their present price are worthless which means I’ve been rugged by investing in them. One thing I don’t do is to take my money out when I haven’t really earn some profits in them no matter how it gets dumped. This is just a believe I hold firmly and have worked for me so many times I’ve tried them out. I have earned more than I’ve lost in investing in meme coins considering the risk to reward ratio I have achieved so far in them.

When you have a good risk to reward ratio in investing in meme coins, you’ll not be at the lose end even when those tokens are losing their worth, with that, you can have the courage to hold on to them for a long time until they become profitable or never. Risk to reward ratio is a very important part of trading and it has also helped in investment i have taken for the short time but is not a financial advise and neither is it dependable on for a long time.

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June 27, 2024, 08:34:50 PM
 #20

You make any ?
If you make tell us honestly how much ?
Daily? Weekly ? Monthly ?
Can you manage to get into entry good projects Under 100$ mc?
So a lot people make huge money with memes im interested to know If you make Also ?

I am think only traders can give this question a rightful answer since they buys and sells at any availability such as daily, weekly or monthly basis and not like the investors that purchases coins and holds untimely knowing that MemeCoins are highily volatile which investors profitablities time frames can't be determined. So you'd just buy and hold unpredictably until you can make profits.

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