Trading Discussion with Memes

[memehunter]

But there are people who long/short memecoins.

Well, I have to say that my perspective towards meme coins has changed. One thing for sure is that it is not lottery in any sense, which almost all people think of. It is a totally new playing field that requires some new skills and paradigms to master.
Having said that if you are only trading meme coins just for 100x, 1000x, etc., and have no research skills you are indeed playing lotto.

[pawanjain]

Don't know why but a lot of meme coins have been trending latley. It's like the trend has changed from NFTs to memecoins.
I personally don't like meme coins because they don't deliver any value and is purely a gamble.
Speculating on meme coins is like throwing a stone in the pond and waiting for the fish to come out.
TRUMP coin just launched yesterday and see how massive gains it has right now. People are throwing money at it.
I feel like Lord Wojack sometimes because whenever I try to invest in these short term trending projects, I end up losing money every fishing time.

[Strongkored]

anyone had this happen to him?
because it sure did happen to me.

This is very similar to what I experienced with shiba inu.
This memecoin was very popular a few years ago, I'm sure many profited at that time and lost because they didn't realize the market was starting to fall.
Bought quite a lot at a price of around $0.00004 and it kept going down so I chose to hold it until last year and because of urgent needs finally had to sell at a price of around $0.000012 and after that the price went up, currently $0.00002 is still a loss at the current price, but that's what you will experience if you switch to long term hold but are still struggling with economic difficulties and also playing around on memecoins.

[Perfectbaby]

The reason why I don't recommend it is because the volatility is too high. You can get liquidated even during times where majors are relatively stable with no huge moves in either direction. But there are people who long/short memecoins. One pf such persons is the "Bonk guy". You can search on X (Twitter) to read his story.

The number one reason I don't like meme coins or even jump to trade any of them due it's volatility can make you lose entirely, one thing I know about meme is that they aren't for long term holding but one can follow it's hype and cash out when the price are rising uncontrollably than hold when trends are already dying by then investors are already making their ways to another project to invest on.

[bettercrypto]

I'm glad I read the memes in the section that was made op, the other posts by our friends are funny, although it makes really sense actually. and there are some points that are actually true.

I'm entertained by the memes that our friends post, honestly, it's nice that we read them from time to time because it relaxes me from a different angle too. Thanks op for bringing this topic here😃

[Wakate]

But there are people who long/short memecoins.

Well, I have to say that my perspective towards meme coins has changed. One thing for sure is that it is not lottery in any sense, which almost all people think of. It is a totally new playing field that requires some new skills and paradigms to master.
Having said that if you are only trading meme coins just for 100x, 1000x, etc., and have no research skills you are indeed playing lotto.

Trading memecoins can be very risky to traders that would be doing that for the first time. Trading generally involves financial decision and it's good you have a good understanding about the market before you think of trading memecoins. Memecoins can be very volatile whether to the bullish side of bear. Every traders need to know that memecoins are most manipulated by whales who are in for market tricks, luring investors to see a good reason to buy the token  and after a certain period, they could send the price to the grave.
 I have been in a trading community that have whales that do analyze the market in their own way choosing a token to trade by the community. When the trade starts, everyone one would buy and hold for a while, then people will start selling tricking ignorant investors that might be thinking that the pump is real.

[Zwei]

lol @nelson4lov memecoin traders are not trading, they are betting, or trying to scam before they get scammed

lol, it's like a game of chicken to see who's going to rug first, the "dev" or the "investors".

and with trump launching his own memecoin, imagine getting rugged by your own president, this crypto timeline is insane
i still can't believe the president of the united states launched a memecoin. i guess once a grifter, always a grifter.

[nelson4lov]

lol @nelson4lov memecoin traders are not trading, they are betting, or trying to scam before they get scammed

~Snipped

Yup, can confirm that its technically not trading. I only said that because a lot of memecoins bettors say "they are trading memecoins" and the definition of trading is the buy/sell of goods (tokens) and/or services.

That unspoken rule of memecoin gambling is to get in early and sell before others. "Last to sell is a fool".

ICOs | Memecoin gambling. Same thing just slightly different pattern lol.

[passwordnow]

The "official" politicians and celebrities meme coins has emerged.

[ajiz138]

Solana users are currently experiencing network congestion due to the Trump family's memecoin frenzy.
Sometimes I get annoyed with the solana network which can't handle a lot of load.

The "official" politicians and celebrities meme coins has emerged.

The Trump family is now dominating the Memecoin market.
And it's only been a few hours since Trump's wife MELANIA's meme broke through the big MC.
Now waiting for her son to announce their meme.

[Odusko]

Don't you think moving this post down to the altcoin section would be more better? Basically since is altcoin related issues and not solely on bitcoin trading. But, if you think this is okay then there would be no problem as i think altcoin sections serves this post the best.

The thread fits right in here, The trading discussions board is for all discussions around trading so having this thread here is not wrong, unless if altcoin board has its trading as a Sub board on the altcoin board, but none like that, that means every discussion concerning trading can be post here, Bitcoin trading and altcoins trading, and meme coins are the hype of the moment and that means it trading discussions are very important, a lot of new actors in the meme coins category and new power play, politicians are now diving into the meme market so it trading is gaining a lot of attraction from trader lent the recently launched Trump coin made many millionaires traders already.

[passwordnow]

The "official" politicians and celebrities meme coins has emerged.

The Trump family is now dominating the Memecoin market.
And it's only been a few hours since Trump's wife MELANIA's meme broke through the big MC.
Now waiting for her son to announce their meme.

Yeah, there's even a family tree that has been made for this. Melania is on fire now and there are centralized exchanges that are supporting.
People are posting this family tree so that people will have an idea on what's next for this "official" meme coin trend. Barron was on it, and now with Melania, LOL. This is funny before the inauguration happens.

[slaman29]

LOL at Solana

I told people way long ago. I learnt my lesson about Ethereum. And all altcoins that do the claims about 'fast' and scalability bullshit.

If you move network just because its supposedly faster and cheaper, then you are moving to a less secure, less used, therefore less trusted. As soon as Solana has real traffic it crashes.

Traders don't buy L2 coins because they think it's gonna be an ETH killer, they buy it because its 'cheap'.

And here's my meme for this

[$crypto$]

anyone had this happen to him?
because it sure did happen to me.

Hmm you brought this back to my memory hahaha
Yes when I bought it on the downside, then on the HODL it went sideways and after selling it went up, what was missing was I selling too fast? If you don't sell immediately, me will lose even more.
That is often experienced in some memecoins and even altcoins that are traded.

[jaberwock]

Don't know why but a lot of meme coins have been trending latley. It's like the trend has changed from NFTs to memecoins.

Speculating on meme coins is like throwing a stone in the pond and waiting for the fish to come out.

Actually meme coins are never out of the trend. We can't even call it a trend but it was only normal that there are memes from time to time. Memes are a product of a latest event though. Nowadays we have something from Trump, so many expected that memes from it are then to come out. Well they are correct. NFT's are the ones that trend fits the most and in fact they are long gone already. Speculating not only for the meme coins, are always like that. We have no assurance but maybe meme coins has more of it.

I personally don't like meme coins because they don't deliver any value and is purely a gamble.

Don't worry because even most of us dislikes it as well. There are some who still invest but many are only doing it for luck testing and profit purposes. They don't have real love for those.

[UmerIdrees]

Yeah, there's even a family tree that has been made for this. Melania is on fire now and there are centralized exchanges that are supporting.
People are posting this family tree so that people will have an idea on what's next for this "official" meme coin trend. Barron was on it, and now with Melania, LOL. This is funny before the inauguration happens.

Melania coin doesn't perform as good as the Trump coin. Right now the trump coin is not good either but I am talking about the launches of the both coins. Unlocking schedule of the Melania coins is not so good and its token will be unlocked much sooner than the Trump coin.

This personality meme coins trend is not healthy at all, Also the techically strong projects are losing their value against these meme tokens. Will they die away as the time passes by, if so, it is again not good for the crypto. It would be seen as a rugpull by the president.

[qurbanshah02]

Yeah, there's even a family tree that has been made for this. Melania is on fire now and there are centralized exchanges that are supporting.
People are posting this family tree so that people will have an idea on what's next for this "official" meme coin trend. Barron was on it, and now with Melania, LOL. This is funny before the inauguration happens.

Melania coin doesn't perform as good as the Trump coin. Right now the trump coin is not good either but I am talking about the launches of the both coins. Unlocking schedule of the Melania coins is not so good and its token will be unlocked much sooner than the Trump coin.

This personality meme coins trend is not healthy at all, Also the techically strong projects are losing their value against these meme tokens. Will they die away as the time passes by, if so, it is again not good for the crypto. It would be seen as a rugpull by the president.

Yes, its price is not doing so well right now, but Trump coin is quite good, which is running at a good price, but its graph is also running quite well, and now even in a single minute, the price has increased by one dollar which is 40$ From to 41$ which is making a pretty good point.

If they work hard, they won't go away but there are so many coins in crypto that look like they won't be that successful because now most of the attention is on the big coins and these small coins are now  are used for the future which will be successful many years later.Among these meme coins, only a few coins will be successful which are doing well and I have no such hope for them nor do they see anything in the future.

[alastantiger]

Memecoins + leverage — a suicidal poison.

Trading memecoin on leverage is more or less a death sentence lol except you're lucky.

I don't think you understand what the thread is taking about, it's about posting some funny memes that you have about trading and not about trading memecoins. Memecoin are already too volatile to be traded on spot hence anyone would dares to go further to trade it with leverage on futures is taking a big risk. Memecoins are pumps and dumps coins and they don't have any future to be worth the risk of trading it in futures.

For my meme, I have to go with the most popular advice which we give to ourselves daily and that's to buy the dip but I always wondered when it's finally going to be the last time to buy the dip as I'm running out of money still I keep hearing, buy the dip all the time.

[OcTradism]

I don't think you understand what the thread is taking about, it's about posting some funny memes that you have about trading and not about trading memecoins. Memecoin are already too volatile to be traded on spot hence anyone would dares to go further to trade it with leverage on futures is taking a big risk. Memecoins are pumps and dumps coins and they don't have any future to be worth the risk of trading it in futures.

People can make many bad and even terrible decisions with their capital and meme coins. They can trade or invest their capital with meme coins but they did not know or simply ignored big risk of meme coins.

Shocked fact about meme coin.
97% of all meme coins are officially dead. The figure can be correct or closely to a fact about meme coin, but the point is very high percent of meme coins dead with time.

If you spend your money for meme coins, either for trading or investment, you are taking very high risk and you will have terrible high probability of losing money with meme coins.

[passwordnow]

Yeah, there's even a family tree that has been made for this. Melania is on fire now and there are centralized exchanges that are supporting.
People are posting this family tree so that people will have an idea on what's next for this "official" meme coin trend. Barron was on it, and now with Melania, LOL. This is funny before the inauguration happens.

Melania coin doesn't perform as good as the Trump coin. Right now the trump coin is not good either but I am talking about the launches of the both coins. Unlocking schedule of the Melania coins is not so good and its token will be unlocked much sooner than the Trump coin.

This personality meme coins trend is not healthy at all, Also the techically strong projects are losing their value against these meme tokens. Will they die away as the time passes by, if so, it is again not good for the crypto. It would be seen as a rugpull by the president.

Yeah, it sucks and for sure many are whining on how they've lost their money during the inauguration day. Look at its chart, it's crazy. More than 50% of loss in total. I hope that people realizes one thing, that these meme coins trend are just sucking their pockets and sending their money easily to the devs or who ever promotes it.