WHY BITCOIN OVER MEME COIN?

[Sammye3]

Over the years, meme coins has made so many millionaires in the crypto space and has also made so many homeless as well. These are reason why investing in meme coins is risky:

1.) Lack fundamentals: Memecoin is often used as scam project to rug pull by attracting investors using public influence and hype to rip people off their money. They lack strong fundamentals and structure making it very volatile as developers dump the project on investors after attaining their presumed target.

2.) Problem of liquidity: For Memecoin, there is a problem of low trading volume which means low liquidity making it difficult to sell when the price dips and many people lose out entirely on this because they have no control over it.

3.) Price manipulation: It is easy to be used to manipulate the market with its low value as there are occasions of massive swing highs and lows controlled by developers of this coin which makes it very risky to invest in. These coins can do a 50x in one day and run down it's CMP in the next few days after developers have dumped the coin. They can not be held for long term because of its price manipulation.

Now back to Bitcoin, it's a different case here as it has stood its ground since 2008 till date breaking ATH and still going on with its massive moves. Here is why Bitcoin can never be compared to Memecoin:
1.) Block chain technology: The Bitcoin block chain has a decentralized public ledger and is not controlled by anyone but remains functional with the help of developers , users and miners. Its price is not very volatile compared to meme coins and demand and supply is what drives it's price. Most Memecoin are built under another block chain like Solana and the likes but Bitcoin has its own block chain.

2.) Limited supply: It is known that the value of an asset in the future can be determined by its supply as scarcity increases the worth and value over time.

3.) Low volatility: Compared to meme coins, Bitcoin has a low volatility making both losses and profits moderate and balancing the market structure.

In all sense, Bitcoin has proven to be a better investment option over the last years given it's charts in the past and recent times and I believe in its potentials to do even more.

Bitcoin is the now.
Bitcoin is the future.

[LayerzWallet]

the simple question is "what problem do memecoins solve" ... with bitcoin the answer is easy, the product supports the idea of promoting the seperation of money and state. With memecoins the product are the participants in the buying of memecoins

[Sally9256]

Sammye3 already answered himself I think the title was to make it look more appealing but you didn't read post I guess so you missed, the post is not a question actually he is trying to teach why Bitcoin is the best investment.

[Ruttoshi]

2.) Limited supply: It is known that the value of an asset in the future can be determined by its supply as scarcity increases the worth and value over time.

A coin has limited supply does not mean that the coin value will increase overtime. What gives value to a coin is the utility aspect of that coin. All these shitcoins have no special potentials in them, they are all the same and created with a purpose to gain profits from investors through pump and dump. When the first project dies off, the same dev creates  a new coin again but this time with a different name.

Shitcoins are centralized with unlimited supply, any coin that the price can be manipulated should be avoided. I see all these shitcoins similar to fiat.

[rachael9385]

Over the years, meme coins has made so many millionaires in the crypto space and has also made so many homeless as well. These are reason why investing in meme coins is risky:

1.) Lack fundamentals: Memecoin is often used as scam project to rug pull by attracting investors using public influence and hype to rip people off their money. They lack strong fundamentals and structure making it very volatile as developers dump the project on investors after attaining their presumed target.

2.) Problem of liquidity: For Memecoin, there is a problem of low trading volume which means low liquidity making it difficult to sell when the price dips and many people lose out entirely on this because they have no control over it.

3.) Price manipulation: It is easy to be used to manipulate the market with its low value as there are occasions of massive swing highs and lows controlled by developers of this coin which makes it very risky to invest in. These coins can do a 50x in one day and run down it's CMP in the next few days after developers have dumped the coin. They can not be held for long term because of its price manipulation.

Now back to Bitcoin, it's a different case here as it has stood its ground since 2008 till date breaking ATH and still going on with its massive moves. Here is why Bitcoin can never be compared to Memecoin:
1.) Block chain technology: The Bitcoin block chain has a decentralized public ledger and is not controlled by anyone but remains functional with the help of developers , users and miners. Its price is not very volatile compared to meme coins and demand and supply is what drives it's price. Most Memecoin are built under another block chain like Solana and the likes but Bitcoin has its own block chain.

2.) Limited supply: It is known that the value of an asset in the future can be determined by its supply as scarcity increases the worth and value over time.

3.) Low volatility: Compared to meme coins, Bitcoin has a low volatility making both losses and profits moderate and balancing the market structure.

In all sense, Bitcoin has proven to be a better investment option over the last years given it's charts in the past and recent times and I believe in its potentials to do even more.

Bitcoin is the now.
Bitcoin is the future.

The last point is actually the most important, low volatility is the main reason why people prefer to invest in Bitcoin more than memecoins. The risk of investing in memecoins are very high, you can wake up one morning and just see your portfolio fall to zero dollars but this cannot happen with Bitcoin. Some still prefer investing in memecoins because it's has a high chance of making them a lot of money in a short period of time compared to Bitcoin, but when you are focused on investing in crypto if you rush into the market you are going to rush out, patience and discipline is what you need, don't try to make quick money.

[Callido]

Permit me to say meme coins are nonsense coins to deal with, they are called shitcoins, meme coins are worthless and easiest, quickest way of losing your investment. Meme coins generate the biggest hype just to lure investors, 9/10 available meme coins are going to rug pull and investors losing their investment.

It is advisable to stay away from meme coins, these shitocoins are totally centralized with very high total supply, their mechanism to reduce the tokens are always poor to reflect positive impact in the market, majority of them die as soon as the price drops down. Beginner investors are advised to take bitcoin investment seriously and avoid shit projects, it is best having a solid bitcoin portfolio than risking our  money in shitcoins.

[(Hummus)]

A lot of people say investing in memecoins is almost like a gamble, is that true? A lot of people invest more into bitcoin and less into memecoins because they are highly volatile. For those that are really crypto gurus are there specific memecoins one can Invest In now that the market seems to be moving in a bullish trend. Some say memecoins are total garbage and others say that it made them rich, what are the secrets to this?

[ejikeme24]

Let's say majority of the folks were blindfolded which is why they couldn't make the right selection back then, or should I say is because the awareness of bitcoin wasn't that much compared to this current time? because I noticed that the rate at which people were diving into this meme coins has dropped totally. And nowadays I barely see influencers making advert about this meme coins as they used to, because they noticed that bitcoin has come to rescue some people from the bondage that this meme coin has kept some people. And it also makes some people to regain most of thier lost, this is more reason to show that bitcoin need to be take very serous.

[ruykeri]

There are other shitcoins besides Bitcoin, I basically see them as fraudulent coins, these coins suddenly increase in price and later when people start buying those coins and after that it is seen that the price of the coin decreases completely. And people lose a lot of money. In addition, when the price of the coin increases, they start releasing more coins in the market, thus they manipulate the market. Short-time traders invest as gambling and invest in this type of shitcoin. Some people seem to make a lot of profit due to luck, but most people lose this money. That is why I do not support investing in this type of coin in any way. Bitcoin is the only trusted and reliable place. It is a matter of future security where people are losing valuation by investing in other types of assets or they are getting less profit by investing in any other section, it is possible to get much more profit by investing in Bitcoin for a long time

[adultcrypto]

Bitcoing have undeniable advantages over memecoinjust like you listed in your post and should be the reasons our focus should be on mostly bitcoin. However,  memecoins have also been know to give crazy returns if you join early and sell early when the hype is high.  Therefore,  putting 90% of investment money on bitcoin and using the remaining 10% to try other coins may be a good option because you will not feel much pain if you lose 10% with the opportunity of getting crazy return.

[Silverstonez]

Meme coins are very risky they can make you millionaires and also take those millionaires away from you and steal redender you homeless in an twink of an eye. Meme coins are not coins you should be holding for long term, only buy them with the money you can afford to lose and sell them when ever you see reasonable profit don't be too greedy, because greed is what have made a lot of people out there who are dealing with meme coins homeless, because they want to sell when they have made billions instead of take the little profit they have seen.

And on the other hand bitcoin is a coin full of potentials, so it is advisable you go for bitcoin that has proven to be a store of value with potential returns, buy bitcoin consistently with your leftover money and hold for long, instead of wasting your time, and money buying meme coins.

[Iamgoat]

Permit me to say meme coins are nonsense coins to deal with, they are called shitcoins, meme coins are worthless and easiest, quickest way of losing your investment. Meme coins generate the biggest hype just to lure investors, 9/10 available meme coins are going to rug pull and investors losing their investment.

It is advisable to stay away from meme coins, these shitocoins are totally centralized with very high total supply, their mechanism to reduce the tokens are always poor to reflect positive impact in the market, majority of them die as soon as the price drops down. Beginner investors are advised to take bitcoin investment seriously and avoid shit projects, it is best having a solid bitcoin portfolio than risking our  money in shitcoins.

Memecoin are just basically traps set for those who want to be investors but are highly emotional because memecoins work purely with emotions since they are built around hypes and zero value. Mosr of these memecoins we are talking about do not have a real value or useful utility beyond the trending name and the funny logos they created. Memecoins don already cast, you go see people getting excited and drumming the names of these memecoins on social media but in reality it is just a strategy by the insiders to grab some quick cash. My advise for beginners is to channel the same energy they put into these memecoins to learning and gradually accumulating bitcoin it will be better for them than wasting time on these memecoins.

[Different patterns]

Over the years, meme coins has made so many millionaires in the crypto space and has also made so many homeless as well. These are reason why investing in meme coins is risky:

1.) Lack fundamentals: Memecoin is often used as scam project to rug pull by attracting investors using public influence and hype to rip people off their money. They lack strong fundamentals and structure making it very volatile as developers dump the project on investors after attaining their presumed target.

Bitcoin is the head of any other cryptocurrency that prevents more strong investment. Its profile can compare to other memecoins due to its established market presence and technical foundation. Investing in Bitcoin gives you many benefits over memecoins because you can benefit from a significantly large market capitalisation; this makes it easier to buy and sell Bitcoin without affecting the price.

But memecoins, on the other hand, often have low trading volume, often leading to high price volatility. Memecoins are not something you can rely on, because once you invest in memecoins, just take it as if you have already risked your funds. That's if you are lucky enough to see your investment back before talk of profit. That's why it cannot be compared to Bitcoin.

[Jubilee58]

Over the years, meme coins has made so many millionaires in the crypto space and has also made so many homeless as well. These are reason why investing in meme coins is risky:

1.) Lack fundamentals: Memecoin is often used as scam project to rug pull by attracting investors using public influence and hype to rip people off their money. They lack strong fundamentals and structure making it very volatile as developers dump the project on investors after attaining their presumed target.

2.) Problem of liquidity: For Memecoin, there is a problem of low trading volume which means low liquidity making it difficult to sell when the price dips and many people lose out entirely on this because they have no control over it.

3.) Price manipulation: It is easy to be used to manipulate the market with its low value as there are occasions of massive swing highs and lows controlled by developers of this coin which makes it very risky to invest in. These coins can do a 50x in one day and run down it's CMP in the next few days after developers have dumped the coin. They can not be held for long term because of its price manipulation.

Now back to Bitcoin, it's a different case here as it has stood its ground since 2008 till date breaking ATH and still going on with its massive moves. Here is why Bitcoin can never be compared to Memecoin:
1.) Block chain technology: The Bitcoin block chain has a decentralized public ledger and is not controlled by anyone but remains functional with the help of developers , users and miners. Its price is not very volatile compared to meme coins and demand and supply is what drives it's price. Most Memecoin are built under another block chain like Solana and the likes but Bitcoin has its own block chain.

2.) Limited supply: It is known that the value of an asset in the future can be determined by its supply as scarcity increases the worth and value over time.

3.) Low volatility: Compared to meme coins, Bitcoin has a low volatility making both losses and profits moderate and balancing the market structure.

In all sense, Bitcoin has proven to be a better investment option over the last years given it's charts in the past and recent times and I believe in its potentials to do even more.

Bitcoin is the now.
Bitcoin is the future.

Bitcoin is the king of cryptocurrency, and remains appealing in the eyes of investors, both individuals and institutional investors are investing in bitcoin because of it's potentials and optimistic future.
Bitcoin demand and supply is another factor that makes bitcoin an interesting investment, bitcoin has a limited supply and is also in high demand which help in fueling the price movement.
Bitcoin has an inbuilt mechanism which enables it to reach a new high in every bull season, for instance the technology of bitcoin halving.
Bitcoin blockchain technology makes it a top notch over memecoins as it can be used to make cross border payment and processes transactions very fast.

Memecoins lacks utility and have no intrinsic value, they price movement is influenced by hype and celebrities endorsement through social media platforms.
Meme coins are pump and dump cryptocurrency, and are very high risk investment, and because of their high volatility, investors are susceptible to loosing their money when the price goes down.
Memecoins always have very massive supply, which is another reason why the growth potential is very slow.

Be very careful with memecoins, and if you must invest in memecoins, only invest what you can afford to loose

[WhoYouCantKill]

You are correct. Meme coins has thrived based on hype and lack of real worth or utility, this has made them very risky and easily manipulated. On the other hand, Bitcoin has more stronger fundamentals, true decentralization, and a limited supply that provides it with long-term worth. Though memecoins could give fast profits, Bitcoin holds the position of the stronger and more dependable investment for everyone thinking on the long-term.

[DaNNy001]

Low volatility is the main reason why a lot of people prefer to invest in bitcoin...memecoins are highly volatile and to me investing in those coins are almost like a gamble, you can end up losing everything you have in your portfolio and it's also possible to make a lot of profit within a short period of time, this is why I call it a gamble...memecoins are easy to manipulate and some of the developers of these coins are out to run a scam

[Odogwu-Blockchain]

the simple question is "what problem do memecoins solve" ... with bitcoin the answer is easy, the product supports the idea of promoting the seperation of money and state. With memecoins the product are the participants in the buying of memecoins

Use cases;

Wetin them dey use am for outside digital space, if the hype behind it quench, wetin go still make people buy am again, wetin dey really push the team behind am to work on for investors to still buy more.

If the answer to these questions na none, them run away from meme, nothing them go offer give you other than frustration.

[Sammye3]

Bitcoing have undeniable advantages over memecoinjust like you listed in your post and should be the reasons our focus should be on mostly bitcoin. However,  memecoins have also been know to give crazy returns if you join early and sell early when the hype is high.  Therefore,  putting 90% of investment money on bitcoin and using the remaining 10% to try other coins may be a good option because you will not feel much pain if you lose 10% with the opportunity of getting crazy return.

I think it's not entirely a bad idea given the amount you are willing to lose on investing on memecoins. Several people have made mad profits from investing in Memecoin for short term and had also lost a lot from it too but Bitcoin's low volatility would always be the major difference between both and is also safe for investing.
Memecoin are hype coins and are dependent on socials for its trends.