Trump Coin - A profitable coin?

[ndutndut]

Absolutely, unequivocally not. These type of coins & tokens are the most obvious rug pull & retail liquidity grab in crypto. Please don’t buy this shit coin, they prey on gullible investors. The only people getting rich off this shit coin is the devs & Trump family.  

Of course if anyone wants to buy Turm coins now it is a big mistake because the increase that occurs is only momentary and the coin is more of a sensation than something valuable and will only benefit the developers and related people, and for the future I am not sure this coin will last long because most meme coins in the long term do not experience any movement in value or even have no value and also have the potential to end up as a scam. And I also suggest to stay away from this meme coin and others before you regret it.

Such coins are only looking for a momentary sensation and of course will not last long. If you are still a beginner, it is better to avoid coins like this, especially trump coins whose fundamentals are unclear. Even if you want to enter, you must know the moment, you must study it well because it is undeniable that many investments benefit from this coin but they can see the right time which is certain they will not make this coin for the long term.

And beginners are definitely trapped in this pattern even if they succeed, you will definitely spend your money again and so on until you go bankrupt. Coins like this are only for those who understand and can take advantage of the moment and are short-term trading only, if the profit is small, it is automatically sold, the profit is transferred to BTC for the long term. So it is indeed not recommended to invest in atlcoin let alone memecoin.

[EFS]

In the short term you may make money from trading. In the long term you are guaranteed to lose all your money. This is not a token that you can buy and forget until it blows up in the mainstream news. If you buy this coin and forget about it, when you remember in 5-10 years there's a big possibility that you'll see you have in loss of %99 of your money. If you are going to invest a coin like that, do it with this in mind.

[Tipstar]

Whether we like Trump or not but he's going to be there for his full term. With his current stance which feels extreme and people are worried about where the world would head to. He's trying for peace somewhere but he's threatening to destroy others. But these chaos won't sustain for long, when there are problems, he'll find a solution, even if he's the one creating those problems. Others might have to accept him or he might to backtrack on his decisions but there would be some form of stability within a year. All of these would also influence Trump coin and make it price fluctuate but remain at a higher point, much higher than what we have now.

[gunhell16]

Absolutely, unequivocally not. These type of coins & tokens are the most obvious rug pull & retail liquidity grab in crypto. Please don’t buy this shit coin, they prey on gullible investors. The only people getting rich off this shit coin is the devs & Trump family. 

The problem is that other meme coin believers still continue to invest in things like this, especially Trumpcoin, where they think Trump can control the price if he wants. Meaning, it is possible that their understanding of what is happening with Trump's price, even though it has dropped a lot, is that they have a need to buy and maybe it will return to the price of $70.

So if you look at its daily volume, it is still large, but it is still not an assurance that it will rise to $70 again, maybe it will rise but in the majority it will not return to $70 again
because obviously there has been a rug pull here. So, those who invest here are only risk takers.

[lixer]

I think whether it will survive or not will be seen from how much the Trump coin is able to survive amidst the ongoing correction and the efforts of his team to carry out several price improvement maneuvers by pumping the price.

This was pretty obvious and for sure the OP already knows this but he might be too impatient to wait for that. What he wants now is our insights if what we think can happen with the coin for now. Don't worry, it doesn't need to be precise since we all are only predicting here based on the coins movement, news, updates, etc...

Well, by itself the acceleration progress returns to normal prices and is expected to recover quickly in the near future.

Didn't knew they have that 'Acceleration' thing. That's cool only for such a meme coin but I almost forgot that they are from the president anyway, so maybe that was really true. Acceleration means fast. So saying it returns to normal, can mean that the price are done recovering which maybe not yet for now.

[Iranus]

Don't buy it, there are better projects out there which are more deserving of your money and time and have actually good intentions for the ecosystem of alt coins

Indeed, the altcoin market is very diverse and rich. There are still many projects that are doing well and we have much better options to invest than memecoin projects. But I really don't understand why so many people still prefer to invest in memecoin and ignore more potential projects. It seems people prefer gambling and getting rich quickly rather than serious long term investing.

If we want to find projects that can give huge returns like 1000% or 10000%, we can do so with other potential altcoin projects, not just memes.

To be fair, I don't think TRUMP coin will disappear anytime soon but with its current supply and capitalization, I don't think it can give us big returns. That means it's not worth the risk and trade-off.

[CroverNo01]

In the short term you may make money from trading. In the long term you are guaranteed to lose all your money. This is not a token that you can buy and forget until it blows up in the mainstream news. If you buy this coin and forget about it, when you remember in 5-10 years there's a big possibility that you'll see you have in loss of %99 of your money. If you are going to invest a coin like that, do it with this in mind.

I don't have interest of memecoins at heart because I know exactly how they always end. It's been a tough path for me when indulged with memecoins, although I've made couple of gigantic profits from investing in memecoins, so you see I'm not eager to invest in some random memecoins because it originates from Donald Trump. The funny part, the good amounts coming from influential and celebrities have liquidated the portfolio of most of these traders and investors, so you wouldn't blame anyone when they have deep regrets concerning Trump's coin. Investing in some random memecoin and leaving it for longterm is countly outrageous, never a plan to even go as far considering it.