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Author Topic: How are investors copping with the hype games in memecoins  (Read 456 times)
Odusko (OP)
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October 26, 2024, 10:02:11 PM
 #1

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?

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October 27, 2024, 01:05:49 PM
 #2

Memecoin is an important sector in the ecosystem of a network today because memecoin really has a high hype and market sensation, starting with ethereum, namely Shiba inu which managed to bring a lot of profit in the previous season then followed by solana which managed to become the current main pillar and center for the resurgence of memecoin on its network which makes this network become more popular and increase over time.

We used to think that memecoins would die because they were just an entertainment token, but no, they are getting more and more interesting and growing in community and interest, and that is the place for new hope for the network on a project to be entered by meme hunters, as the TRX network recently did.

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October 27, 2024, 08:27:21 PM
 #3

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
Those that believe in the potential of meme coins take a lot of time to learn their lesson, then even if the meme coins in which they invested have not performed at the level they were expecting, since the bitcoin bull run has been the less volatile so far, it is possible they are not that worried right now, and this attitude will only change once the bull run is over and they realize their portfolio did not give them the profits they were looking for.
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October 28, 2024, 01:11:08 AM
 #4

from going around the meme market, I can see some people when they got rugged from memes, just accept it since it's the risk and some of the other might hold on to their memes.

the common understanding in the meme trenches is that, only very few meme coin can make it and if it happens that their meme ares getting rugged, the meme they invested definitely aren't the one that gonna make it.

yeah it's harmful to the purchasing power of the investors, the money should've went somewhere else instead of going into the scammers' wallet but it's just the harsh truth. their coping mechanism is probably going to bet onto other meme and trying to recover their losses but honestly it's just a bad strategy since meme are full of rugs anyway and meme pumping usually orchestrated by group of whales.

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October 28, 2024, 06:06:56 AM
 #5

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.
It's already came from your mouth that this is hyped and that is the reason why those stupid investors are trying to keep them longer to wait longing to earn more and more.
And the side problem is that they are being trapped inside and still keeping the coins in their pocket in which another mistake .
Quote
So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
The bright investors knows when and where to fill out their money and that is to sell when there is hyped and buy when there is a dump.

If you don't know how to manage this?then better get off the trading because this is not the place for you.
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October 28, 2024, 12:22:51 PM
 #6

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
Those that believe in the potential of meme coins take a lot of time to learn their lesson, then even if the meme coins in which they invested have not performed at the level they were expecting, since the bitcoin bull run has been the less volatile so far, it is possible they are not that worried right now, and this attitude will only change once the bull run is over and they realize their portfolio did not give them the profits they were looking for.

There's this guy called Murad in CT.  He has a thesis that says memecoins are more about the community and the memetic value more than the coin itself.  And according to that guy, the coin with the biggest memetic value that's enforced by a strong community is BTC.  It was all about the community because without it and the whole mind share revolving around it, it wouldn't be as huge as it is today.

I know people, esp maxis, would get all mad if somebody said such a thing but think about it...  The guy has a point.

R


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October 28, 2024, 03:48:00 PM
 #7

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.
I think the other time I came across some post where someone explained were he invested in and money is being stock since the market didn't go as he planned, so now he has no option than to wait for the market to increase before he could sell and take profits and that will be during bull run because currently now he can't sell on lose instead needs to endure while the price gets above his entry points before selling to secure back his initial capital.

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October 28, 2024, 08:45:04 PM
 #8

from going around the meme market, I can see some people when they got rugged from memes, just accept it since it's the risk and some of the other might hold on to their memes.

the common understanding in the meme trenches is that, only very few meme coin can make it and if it happens that their meme ares getting rugged, the meme they invested definitely aren't the one that gonna make it.

yeah it's harmful to the purchasing power of the investors, the money should've went somewhere else instead of going into the scammers' wallet but it's just the harsh truth.
Yeah, it is better to do it than the other way around. They will only harm their selves or worse other people and at the end of the day, they still can't get the money that they already lose. Investing is risky, so we need to agree to accept it or else we won't proceed and nothing will happen to us. For those who already done investing, they have the mindset of "go big or go home" so they just carry on even though they feel that they are on the critical side. Not only the meme coins but even in the normal project, only a few can now make it.

I guess it is because a lot of ideas are already given out and the rest are just excess. This makes investing hard, especially if you just invest blindly. It would be better if we will just stick out on the established ones. Meme coins have no use cases, so yeah that even if they survive the rug'ing/rug pulling, their values aren't still going to pump huge later on because they can hardly get a demand from the people. Investing in meme coins can be a habit and there are habits that are deemed as negative but if we will only allocate tiny amounts on them I think it is still acceptable.

their coping mechanism is probably going to bet onto other meme and trying to recover their losses but honestly it's just a bad strategy since meme are full of rugs anyway and meme pumping usually orchestrated by group of whales.
Even not in meme coins, I think this can only come in third but the first would better be is to accept our mistakes and find simple happiness in life. Second is we need to look at the bright side and think of recovering our losses the natural way or through our paychecks in our jobs or the income from our business, positive hobbies, etc...
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October 28, 2024, 09:43:39 PM
 #9

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
We do know that lessons that people do able to obtain is can be achieved through those bitter experiences not only really just that limited into this space but also in real life situations. People do make out those kind of learnings basing up on what they had actually be able to experience. Focusing into the talks of meme coins then you cant be able to blame out people on not to have such action considering that there were meme coins that made out someone to be a millionaire specially to those who do hold $DOGE,$SHIB $PEPE or even $FLOKI on which these are known meme coins that we do have currently in the market, on which these are the main reason on why someone is really that trying to catch up those tokens into those that cheapest price as possible because they've really been that believing that they could actually be able to make money out of it or even changed up their lives. If we do really trying to look up on the current decentralized platforms that we do have then it is really that being flooded out by tons of meme coins which it is really been that top by SOL
because creating one is never been hard thats why you should really be careful on dealing up with it as if there are tons of scam and rug pulls that you do able to encounter. One of the reason on why it is really that
having on this way because there are still tons of investors who do really love on burning up their money. hahahaha


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October 29, 2024, 08:19:05 AM
 #10

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.
I think the other time I came across some post where someone explained were he invested in and money is being stock since the market didn't go as he planned, so now he has no option than to wait for the market to increase before he could sell and take profits and that will be during bull run because currently now he can't sell on lose instead needs to endure while the price gets above his entry points before selling to secure back his initial capital.

That can happen with any coin with volatility or bad timing, in fact, however, you are right - the only thing for him to do is to wait or invest in something more reliable, unfortunately.
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October 29, 2024, 08:26:18 AM
 #11

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
Those that believe in the potential of meme coins take a lot of time to learn their lesson, then even if the meme coins in which they invested have not performed at the level they were expecting, since the bitcoin bull run has been the less volatile so far, it is possible they are not that worried right now, and this attitude will only change once the bull run is over and they realize their portfolio did not give them the profits they were looking for.

There's this guy called Murad in CT.  He has a thesis that says memecoins are more about the community and the memetic value more than the coin itself.  And according to that guy, the coin with the biggest memetic value that's enforced by a strong community is BTC.  It was all about the community because without it and the whole mind share revolving around it, it wouldn't be as huge as it is today.

I know people, esp maxis, would get all mad if somebody said such a thing but think about it...  The guy has a point.

The skin put into a coin defies it, in my opinion.
If there is a BTC-2 coin on the market, would people go for it because it's associated with BTC? - No.
Would people still go for BTC due to it being the first, reliable, and still growing, with all the institutions flowing to it? - Surely.

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October 29, 2024, 11:32:59 AM
 #12

The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
Those that believe in the potential of meme coins take a lot of time to learn their lesson, then even if the meme coins in which they invested have not performed at the level they were expecting, since the bitcoin bull run has been the less volatile so far, it is possible they are not that worried right now, and this attitude will only change once the bull run is over and they realize their portfolio did not give them the profits they were looking for.

There's this guy called Murad in CT.  He has a thesis that says memecoins are more about the community and the memetic value more than the coin itself.  And according to that guy, the coin with the biggest memetic value that's enforced by a strong community is BTC.  It was all about the community because without it and the whole mind share revolving around it, it wouldn't be as huge as it is today.

I know people, esp maxis, would get all mad if somebody said such a thing but think about it...  The guy has a point.

The skin put into a coin defies it, in my opinion.
If there is a BTC-2 coin on the market, would people go for it because it's associated with BTC? - No.
Would people still go for BTC due to it being the first, reliable, and still growing, with all the institutions flowing to it? - Surely.

^  And that's what Murad is saying...  The memetic value is not derived from the coin or the token, it's from the community.  We're not even talking about the coin, we're talking about memetic value.  There's a difference in case you didn't notice.

Without a huge community of diehard maxis behind Bitcoin, do you really think it would have staying power?  Just like you said, if a better version of BTC was made, it wouldn't get any traction cos why?  No community, no memetic value.

R


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October 29, 2024, 09:57:19 PM
 #13

I think many of the memecoins investors are also that are into hype games because they do understand wherever the trend is, they should also come there and that's how they're coping with the market. As we can see with this statistics report, there's still a lot of memecoin/game coins that's on the top of the charts together with the P2E projects and this was just made last August of this year.


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October 30, 2024, 12:38:42 PM
 #14

^  I think at the height of the coming full on bull market, there could be more memecoins in the top 100 at CMC than what we're currently seeing now.  And it's gonna blow everyone away, prolly becoming the most hated rally of the bull market.  Lolol.  We're already seeing some VC's hating on memecoins through those polls at X asking if memecoins didn't exist, would people be leaving ETH for SOL.  I think they're so disconnected with the community that they forgot that what's really important is the people and the growth of mind share that follows when the community behind a project be it memecoins get large enough.

We're seeing it unfold right in front of us...  But there might be a point of saturation at Solana and the memecoin season will transfer to other chains.  Some guys at Discord are saying that there's gonna be a small memecoin season at Hyperliquid after TGE then a big one when Monad mainnet comes online.

R


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October 30, 2024, 09:26:34 PM
 #15

There is nothing this is telling us than to be ore cautioned for what we want, we should be very careful in trading because we can experience as many other things which may have some kind of impacts on us, the hypes we are seeing could only cause the people to continue losing their interest in them, some projects are just using the opportunist to make their own money and ran away leaving their participant alone.
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October 31, 2024, 01:17:38 PM
 #16

^  Yup, but if you're not taking the opportunity that the market is presenting right in front of us rn then what are you doing here?  Like...  What are you doing with the BTC's you're getting from your sig campaign if you're not putting it to good use..?  At least do something with it like farm airdrops or make small bets on those memecoins under 1m USD market cap. 

You would be surprised in what you could do with a small amount of money in crypto.  There's so much value to be made if you know where to look...  Just keep trying and never give up. 

R


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November 01, 2024, 03:02:06 PM
 #17

So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?

Correction in the bitcoin or bearmarket of bitcoin can create a huge wipe out for the memecoin in my opinion for now people are says that memecoin is the next big thing but in my opinion the market as of now is too crowded ton of new memecoin created in a day without a usecase as you know the name. For now the hype still on fire but sooner or later only a few memecoin gonna left that have strong community.

Let says dogecoin or shiba that already made their success and found can stand in the bear market. But I don't think all memecoin gonna stand heck there is thousand of memcoin created but there is only a few that can managed to get listed on CEX

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November 02, 2024, 09:00:49 PM
 #18

Let says dogecoin or shiba that already made their success and found can stand in the bear market. But I don't think all memecoin gonna stand heck there is thousand of memcoin created but there is only a few that can managed to get listed on CEX
I even think there are millions of them. So with all the games and hype that are in there, many of them will be forgotten and a few will survive.
Every cycle, we get a lot of them that tries to be relevant but only a few are being recognized.

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November 03, 2024, 03:25:05 AM
 #19

There is nothing this is telling us than to be ore cautioned for what we want, we should be very careful in trading because we can experience as many other things which may have some kind of impacts on us, the hypes we are seeing could only cause the people to continue losing their interest in them, some projects are just using the opportunist to make their own money and ran away leaving their participant alone.

There are many such projects that usually get listed on the exchange and then see no further development.  And the big investors who invest leave them alone and go away and never respond again. I have seen and worked on many such mind-set projects only to be neglected.

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November 03, 2024, 03:27:22 AM
 #20

Let says dogecoin or shiba that already made their success and found can stand in the bear market. But I don't think all memecoin gonna stand heck there is thousand of memcoin created but there is only a few that can managed to get listed on CEX
I even think there are millions of them. So with all the games and hype that are in there, many of them will be forgotten and a few will survive.
Every cycle, we get a lot of them that tries to be relevant but only a few are being recognized.
And there are those investors who do really love on trying out to deal up on investing with meme coins because they are really that trying out hit up that meme coin that could go thousands in terms of multiplier.
Just like on what others been saying above that if ever this one happens then you could be ending up a crypto millionaire but ofcourse this one will really be needing up that extreme luck and that being a diamond hands.
Usually people do really make out some sell on the moment that it do make a few folds like 5-10x on which this isnt really that a bad thing either. For those who do want to become a millionaire with meme coins then they would really be holding up their shit coins until it would go shoot into the moon. Hype and interest is really that high as we can see on how much volume that they do generate on everyday on which this really shows or proves out that there's so much interest despite of the high risks that it does have. We cant be able to deny nor ignore those possibilities on why there are tons of investors who do really likes on dealing up with memes
due into this kind of opportunity which really makes you drool specially on looking someone made it out but of course be prepared on losing most of the time as if these projects do really become scam or rug pull projects.

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