Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Meme Coins => Topic started by: vs2014 on January 24, 2024, 06:26:24 PM

Title: Can a meme coin make you rich?
Post by: vs2014 on January 24, 2024, 06:26:24 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Title: Re: Can a meme coin make you rich?
Post by: bhadz on January 24, 2024, 06:38:11 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
It is truly possible with meme coins to get rich and I have seen some that did it with them. But if I will be the one to think of it if it is possible on me, I don't think so that it will happen. I am more lean to see that happen to me with Bitcoin rather than going on with a meme coin. There's no need to gamble that much with meme coins and I am just going to patiently wait about it through Bitcoin if it's going to skyrocket in the next couple of years.
Title: Re: Can a meme coin make you rich?
Post by: salad daging on January 24, 2024, 06:45:42 PM
Yes, in an instant you can get rich from memes but you will lose a lot of money and the capital will never be returned because if the meme coin has gone down then it is usually a scam or rugpull.

As a comparison, 100/10 will be successful from memes, but not everyone can buy memes in the right way and buy memes with a little capital and then suddenly it increases by 10K%, so that's very rare and very difficult to find memes like this, so most People fantasize too much because they might see the news where someone can turn $100 into $100K, who knows who wins, that's part of the meme maker.

Some of the best meme coins: Doge and Shiba.
Title: Re: Can a meme coin make you rich?
Post by: MrSpasybo on January 24, 2024, 06:53:58 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Memecoin fairy tales were written and became famous in 2021 with DOGE or SHIB: How a $4.3K Investment in Dogecoin Made this Crypto Trader a Millionaire, Could Wall Street Memes Explode Next? (https://cryptopotato.com/how-a-4-3k-investment-in-dogecoin-made-this-crypto-trader-a-millionaire-could-wall-street-memes-explode-next/),  Shiba Inu: 2 Investors Turn Millionaires in 8 Months After Buying SHIB (https://cryptorank.io/news/feed/cec81-shiba-inu-2-investors-turn-millionaires-in-8-months-after-buying-shib).

I'm really happy for those lucky people, and they are also really optimistic when investing large amounts of money, thousands of dollars, into meme coins as DOGE and SHIB.

I don't believe that I could be so lucky to choose a few valuable memecoins among the thousands of memecoins available on the market. I only believe in the cyclicality of the crypto market, in the growth potential of BTC and top altcoins, so I choose BTC and top altcoins. I will be satisfied with a profit of about 1000% instead of a 1000x increase in the next bullrun.
Title: Re: Can a meme coin make you rich?
Post by: Peter90 on January 25, 2024, 10:04:58 AM
Yes, in an instant you can get rich from memes but you will lose a lot of money and the capital will never be returned

Thanks for pointing to the losing side!

Can a meme coin make you rich? Yes
Can a meme coin make you poor? Yes

It's a market. My gain is your loss.
We can find stories of people who made big with meme coins - thanks Spasybo - but we can hardly find stories of people who lost big.
I wonder why.

For those who play with meme coins, please come over to Saving... Investing... Speculating... Gambling (https://www.altcoinstalks.com/index.php?topic=310959.0) and cast your vote on Speculating or Gambling   :D
Title: Re: Can a meme coin make you rich?
Post by: I-Bit on January 25, 2024, 10:42:15 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams.
I guess your friend get the idea to be rich from meme coin armies. They spread the story that people will easily be rich by investing in meme coins. Although there are some people who can be rich but more people lost money in meme coins. It is very tricky to get profits from meme coins because it only relies on the hype. I assume only experienced people who get profits from meme coins, meanwhile average people only waste their money on meme coins.

But everything is possible from the crypto market but some memecoins are really the best.
Not everything is possible. Meme coins will never be trusted coins. I think there are 2 best meme coins only, Doge and SHIB. If you expect you can be rich through new meme coins, it seems very difficult to happen because most of them last a very short time in crypto market. If you missed to take profits on its peak (during its hype), you won't have another chance to take profits.

Title: Re: Can a meme coin make you rich?
Post by: gunhell16 on January 25, 2024, 02:21:38 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

I also believe that you can get really rich when you get a meme coin that suddenly increases more than the small amount that you bought; the profit can be thousands or millions. And you may know that, like what happened with Dogecoin, Shiba Inu, Pepe Coin, Bonk, and other meme coins,

As long as you know how to choose meme coins that you think have the potential to keep up with the top altcoins and the market apart from bitcoin, of course, which takes off when it has a bull run.
Title: Re: Can a meme coin make you rich?
Post by: TomPluz on January 25, 2024, 03:31:36 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

In my own humble opinion, investing with memecoins most especially the new ones promising us to get riches beyond imagination can be a very risky proposition...in fact this has become a form of gambling for many. I am sure there are some people who got wealthy all because they bought memecoins that later on got so popular and therefore became valuable in the crypto market...but we have to understand that most of the new projects on this area will not last and will just die a not-so-good death months after introduction and after the team behind them are able to gather the money they aimed for. Of course, since it is not money being invested - or wasted- it is not for me to decide what to do...at least we should be aware of the risk so our decisions and actions can be moderated.

Title: Re: Can a meme coin make you rich?
Post by: bitbit97 on January 25, 2024, 04:19:55 PM
Cryptocurrency truth: meme-coins can make anyone rich, but not everyone is able to buy that meme-coin on time. I suggest everyone who wants to become rich from cryptocurrency with doing nothing to stop dream and get a job. The maximum you can get from meme-coins is being lucky to earn several months salary. That is far from being rich. Finding gold looks easier than buying proper meme-coin. All the successful and huge money bringing meme-coins arent projects of luck, they are well planned projects with large promotional teams behind.
Title: Re: Can a meme coin make you rich?
Post by: philipma1957 on January 25, 2024, 04:43:14 PM
In 2021 I made a lot of money on doge and I sold it early. making over 50k

if I was more slow to sell I would have made over 200k
Title: Re: Can a meme coin make you rich?
Post by: bitmover on January 25, 2024, 10:44:40 PM
In 2021 I made a lot of money on doge and I sold it early. making over 50k

if I was more slow to sell I would have made over 200k

It is very hard to hit the spot like that. Selling closer to ATH is very hard, and usually coins go down a lot after ATH.

I usually sell in batches during a bull run.
I missed doge... never made money with memecoins but I know lots of people did.
I don't know if it will happen again, but I would love to hold some good shitcoin again some time
Title: Re: Can a meme coin make you rich?
Post by: debra on January 25, 2024, 11:12:18 PM
In 2021 I made a lot of money on doge and I sold it early. making over 50k
if I was more slow to sell I would have made over 200k
You are lucky that you still could get profits over 50k. Instead of getting profits, many people who lost their money in Doge because they followed the hype without a deep analysis. You must know well how to analyze the right time for exit, there are many beginners who don't know anything about exit time (take profits). I think you need to share the tips for meme coin investment.   :D

Title: Re: Can a meme coin make you rich?
Post by: vegasus on January 25, 2024, 11:25:53 PM
Honestly, many people have become rich because of meme coins, yes that is probably quite true.

But do you know how many people have become poor because of meme coins?

In essence, this will really depend on our own mindset. because meme coins can make us suddenly rich or even poor. In this case, this means influencing the efforts we are making to carry out trading emmecoins. Most meme coins will implement a Hype process. and this is where it will end. When we buy it during pre-sale and the meme coins are able to achieve hype, then it will be more profitable for us because it looks like we have a unique opportunity to get a lot of profit.

But on the other hand, if we are too late to take profits, then what will happen is that this will end. because it's very rare for meme coins to be able to repeat their history to a much higher level. Therefore, emme coins are a very risky investment
Title: Re: Can a meme coin make you rich?
Post by: JoyMarsha on January 25, 2024, 11:28:59 PM
Memecoin investments have the potential to either make you wealthy or cause you to lose money, as I have discovered. It's a 50/50 type of investment, meaning anything might happen to it in the blink of an eye. And if you're smart and wise, you will take your profits out early. Because as soon as the dumps start, they fall through faster and harder dumps than you could have imagined.
Title: Re: Can a meme coin make you rich?
Post by: Z-tight on January 25, 2024, 11:40:42 PM
You can make money from meme coins and you can also lose money from it, you simply need to know when to buy and sell. Shitcoins will always be shitcoins, and too many of them do not have any utility; so you have to buy what you can afford to lose, and ensure you don't buy when others are dumping it on the newcomers.
Title: Re: Can a meme coin make you rich?
Post by: Hamza2424 on January 25, 2024, 11:51:00 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

It depends, meme coins are already established with some hype waves, and can really not help you to gain decent profits in terms of X even though they might disappoint you by under-performing other narratives as well, I would say some of the early memes can help but similarly liquidity issues, and potential risk of getting community support or not matters.

Mostly meme coin projects fail because the hype required to pump a meme coin requires great attention from the community, even some established meme coins in the top 100 got failed and lost their face with time. In every asset the entry point decides the potential gains but in the case of the meme coins it holds more importance.
Title: Re: Can a meme coin make you rich?
Post by: pacar_tiri on January 25, 2024, 11:58:58 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

It depends, meme coins are already established with some hype waves, and can really not help you to gain decent profits in terms of X even though they might disappoint you by under-performing other narratives as well, I would say some of the early memes can help but similarly liquidity issues, and potential risk of getting community support or not matters.

Mostly meme coin projects fail because the hype required to pump a meme coin requires great attention from the community, even some established meme coins in the top 100 got failed and lost their face with time. In every asset the entry point decides the potential gains but in the case of the meme coins it holds more importance.
Meme coins do not have products that are useful for people, so it is natural that many meme coin projects fail. At least they must have useful products so that they can increase demand on exchanges and provide a reasonable selling value. Meme coins are usually only used to trap amateur traders who are not careful.
Title: Re: Can a meme coin make you rich?
Post by: dekafee79 on January 26, 2024, 12:48:47 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

I see you already have knowledge about meme coins .
It's risky and didn't have projects or product useful.
It's just meme, why we put our fund there..It seems funny.
I'm not meme coins holder and maybe never..
Better to buy bitcoin or Ethereum for investment than meme coins.
Title: Re: Can a meme coin make you rich?
Post by: bayu7adi on January 26, 2024, 02:07:56 AM
Yes, but in the stupidest way ever. It's almost the same as gambling, but because it's not in a casino, everyone still calls it investing. Luck will be a big factor in how much profit you will get or perhaps lose from all the assets you own.

Usually meme coins have very small transaction volumes and serve no other purpose than increasing the price. This coin has the power of the community with their boasts. There is no technology or business model to represent meme coins.
Title: Re: Can a meme coin make you rich?
Post by: LogitechMouse on January 26, 2024, 07:31:22 AM
Quote
Re: Can a meme coin make you rich?
Yes, definitely.
On the other hand, also take note that the easier you can get rich with meme coins, the easier you can get poor with it as well.

Investing in meme coins can be life-changing for an investor, and when I mean life-changing, I mean in a positive way, or in a negative way because the reality is, that investing in meme coins is very risky. It's not as risky as investing in new projects, but investing in a coin that has no future is considered gambling (at least for me). I've seen articles online saying that some investors changed their lives positively just by investing in meme coins. Of course, they will not publish those who changed their lives negatively, but many experienced it.

Overall, meme coins can make you rich like any other assets out there, but it's very risky, that I myself can't take it thus, I'm always avoiding it.
Title: Re: Can a meme coin make you rich?
Post by: summonerrk on January 26, 2024, 07:45:15 AM
Memes are a funny phenomenon in cryptocurrencies. Nevertheless, I do not consider it serious and have never invested in memcoins, and I will not do so, even if memcoins have shown that they are in cryptocurrency forever. It has its own audience that comes to the crypt just to gamble, buying memcoins. But such people will rect, and eventually they will understand that it is necessary to study coins that carry meaning and promote the technologies of the crypto world. And they are not a purely speculative tool that explodes from a single tweet of an influencer.
Title: Re: Can a meme coin make you rich?
Post by: IvugeoEvolutionCoin on January 26, 2024, 11:54:33 PM
Memes are a funny phenomenon in cryptocurrencies. Nevertheless, I do not consider it serious and have never invested in memcoins, and I will not do so, even if memcoins have shown that they are in cryptocurrency forever. It has its own audience that comes to the crypt just to gamble, buying memcoins. But such people will rect, and eventually they will understand that it is necessary to study coins that carry meaning and promote the technologies of the crypto world. And they are not a purely speculative tool that explodes from a single tweet of an influencer.
The circulation of memecoin is like fomo or hype and is only temporary because altcoins like them do not have a clear product, so the price circulation is also too good because the price is often played by whales who have a lot of capital. It is better to avoid memecoin so as not to lose money when the price collapses.
Title: Re: Can a meme coin make you rich?
Post by: doc on January 27, 2024, 07:43:12 AM
Hard to say meme coin will make us rich.
 Honestly, I  didn't have knowledge and experience to predict meme coins.
It seems difficult.
No fundamental, No project.
Just hype and FOMO.
But I confused, at the past many friends gain big profit from meme coins.
It's possible that I didn't have skill and sharpness in predicting.  Or I really don't have any luck with meme coins.
Title: Re: Can a meme coin make you rich?
Post by: sampoerna on January 27, 2024, 11:45:39 PM
Even though many people may say that we can get rich from meme coins, we need to remember one thing: meme coins cannot guarantee that we will become rich, no matter what. If someone makes promises that high, then be careful. Meme coins are like other coins that need to be improved and developed all the time. However, currently, there are many meme coins that only develop for a moment until they become hype, but then end very quickly and cause huge losses. So, if you think about it, meme coins can not only make someone rich quickly, but also make some people suddenly poor.
Title: Re: Can a meme coin make you rich?
Post by: legend45 on January 28, 2024, 03:20:43 AM
~ snip
So, if you think about it, meme coins can not only make someone rich quickly, but also make some people suddenly poor.

Yeah, meme coins can't make us rich quickly.
Meme coins are just  hype , it's the same like doge coin.
Dogecoin has promoted by Elon musk,  that make more popular and more expensive.
Doge didn't have good project.
Be careful to invest in meme coins.
Meme coin will make us suddenly poor, As you said.
I agree with you.
Title: Re: Can a meme coin make you rich?
Post by: Mr. Magkaisa on January 28, 2024, 04:56:05 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

           -   You know, in truth, it is that you can become rich when you invest in them if you can time it, like Shib, Pepe Coin, which had a lot of hype before and was supported by big investors, which made it one of the top-listed coins in the market.

But we should also remember that the risk of meme coins is high compared to other altcoins, and most communities here in the field we live in know that. As long as we always remember that we must always be ready or lose when we invest in them.
Title: Re: Can a meme coin make you rich?
Post by: DAMKAR on January 28, 2024, 09:38:48 AM
 
~
But we should also remember that the risk of meme coins is high compared to other altcoins, and most communities here in the field we live in know that. As long as we always remember that we must always be ready or lose when we invest in them.
Yeah, meme coins are more risk than other altcoin.
I suggest to other don't invest in meme coins.
You will lose alot.

learn from probability theory, the possibility of losing is more than profit.
Hard to say, if we compare in  dogecoin that be popularized by Elon Musk.
Maybe It's very rare for popular people to promote meme coins.

Title: Re: Can a meme coin make you rich?
Post by: Fivestar4everMVP on January 28, 2024, 01:15:47 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
I think you asked something and at the same time answered yourself, Meme coins don't last for sure, but we still have the likes of dogecoin, Shiba inu and some other being among the top coins in terms of market capitalization.

Meme coins can indeed make one rich, I mean, alot of persons or people in crypto have gained their financial freedom through investing in meme coins, and when I say, financial freedom, what I mean is that, this people have made generational wealth for themselves through meme coins.

So, on the nutshell, meme coins are actually one of the means to get quick wealth in crypto, but not without a very high risk, it's just like gambling, you either lose or win, and to win in meme coin gambling, you have to discover one that will explode, at its early stage, this is the only way to make it with meme coins, because if you find a potentially good one, and wait for it to start pumping before you buy,  you might end up buying at the top, and this is how most people lose money in meme coins.
Title: Re: Can a meme coin make you rich?
Post by: bounceback on January 28, 2024, 03:28:43 PM
I think have chance with meme coin make us rich but depend on timing for investing, many meme coins worth up drastically after announcing on CEX Exchange such as Binance, Kucoin or any top exchange else. But wrong way with many people invested in meme coin after listing on CEX exchange announcement where less potential for raising to the higher price.
To be rich with meme coin have invest before that coins announce will list on CEX exchange, but we make gambling about possibility will any meme coin in the future list on CEX exchange or not. Less profitable earn when meme coin have been listing on CEX exchange and they will be stable coins.
Title: Re: Can a meme coin make you rich?
Post by: jeraldskie11 on January 28, 2024, 04:06:23 PM
Technically, meme coin can really make you rich. If you remember what happened to Doge in 2021, this is the first meme coin who made lot of people to live a new life, they became rich. Imagine those days that doge coin has almost no value where you can just get it free but in one time it reach $0.73 each. That is also true with shiba inu, a meme coin that also change people's lives. However, there's a lot of meme coins and we didn't know which meme coin will be next to doge. That's one thing we have to consider.
Title: Re: Can a meme coin make you rich?
Post by: Rubel007 on January 28, 2024, 04:54:30 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Just as Meme Coin makes one person rich, it can also make other people poorer if one invests more money due to excessive greed. After investing in meme coin if the hype is up then there is a chance to make some profit but if not then there is difficult of getting return on the invested money. There are a lot of meme coins in the market right now that have almost no chance of making big profit by investing in them. There are some meme coins that certainly have the potential to make significant money during the hype, but the provability for loss is also high.

As there are countless meme coins in the market, it is not possible to determine which meme coin will be bullish. The only meme coins I see on binance exchange site are good meme coins and can give investors high returns anytime. However, before investing in any coins one should research more.

Meme Coins can give good returns if you are a beginner investor and finding out good Meme Coins will be difficult as many meme coins are added daily.
Title: Re: Can a meme coin make you rich?
Post by: DaNNy001 on January 28, 2024, 05:35:30 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Atleast you get the concept behind all the fuzz about meme coins and that's why many people have troop in to buying these coins although I won't lie that some of them can be really good and That can be a good idea to buy but the the issue is actually knowing the project that's gonna turn out good and yield good profit in return. Like you said, most people don't even understand the risk involved and what they do is just to try and join because of the sweet story they hear about such memecoins.
Title: Re: Can a meme coin make you rich?
Post by: Thyplaymaker on January 28, 2024, 06:01:58 PM
I have heard alot of story on how memes coin have changed alot of people lives. For example shibu inu is one of the memes coin that have risen with the highest percentage that people that invested small amount of funds endup becoming millionaires. But still you can't neglect the high risks that is attached to it, most of this memes coin can endup to be a project for scamming as alot of individual have seen the positive part of investing in memes coin that is how alot as also falling as victims of the negative part too. One thing about  memes coin is always being hyped so anytime it's experience a great surge that great surge may be the last as from there the dip begins (and it won't beat that ATH again. like how others most main coins do beat theirs).
So that why most time is not advisable for newbies to jump into investing in memes coins (shit coin) and using DCA you are just adding more fuel to the flame. But using DCA on most main coins with good potential is fully advisable. Don't forget to always do your own research (DYOR)
Title: Re: Can a meme coin make you rich?
Post by: 0t3p0t on January 28, 2024, 07:58:02 PM
In 2021 I made a lot of money on doge and I sold it early. making over 50k

if I was more slow to sell I would have made over 200k
I am wondering how much capital you've poured making that big profit mate? It's probably high risk high reward thing but what you did was worth it a lot. We all know that meme coins are prone to pump and dump but same with gambling, we need to take the risk just to come up with one of the two possible results which is winning and losing. You are too lucky to have made huge profit with meme coin Doge. Though I invested into it as well but just made only a few dollars from it as my capital is quiet low. 😁
Title: Re: Can a meme coin make you rich?
Post by: TopT3ns on January 28, 2024, 08:10:52 PM
I think have chance with meme coin make us rich but depend on timing for investing, many meme coins worth up drastically after announcing on CEX Exchange such as Binance, Kucoin or any top exchange else. But wrong way with many people invested in meme coin after listing on CEX exchange announcement where less potential for raising to the higher price.
To be rich with meme coin have invest before that coins announce will list on CEX exchange, but we make gambling about possibility will any meme coin in the future list on CEX exchange or not. Less profitable earn when meme coin have been listing on CEX exchange and they will be stable coins.
Altcoins that come from memecoin will not completely make you rich because coin price movements like that are not very clear and the risk is very high. It is better to be careful and not hold on to memecoin for too long. It is best to use all the capital you currently have. to buy coins that have the potential to provide long-term profits, such as Bitcoin, which has a very small and limited supply and is a useful product because it is used by many people.
Title: Re: Can a meme coin make you rich?
Post by: Primo1760 on January 28, 2024, 09:13:29 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Actually it is possible to get rich very fast from meme coin but it is very difficult to analyze which meme coin will give you big profit. Many people have made a lot of profit from meme coin but to say that it is completely like gambling luck, it is very difficult to say when such a good situation will occur. But if a person thinks that I will get rich very quickly by buying meme coin then he will be wrong because there are many meme coins in the market which die soon after the meme coin comes to market. So instead of following this luck you should definitely invest in the best coins among cryptocurrencies because in the best coin investment you will have the lowest risk and the longer you hold the more profit you will get. Of course among the low risk coins I mentioned Bitcoin, if you can buy and invest in Bitcoin you will definitely have more success than unique coins.
Title: Re: Can a meme coin make you rich?
Post by: I-Bit on January 28, 2024, 11:38:47 PM
Actually it is possible to get rich very fast from meme coin but it is very difficult to analyze which meme coin will give you big profit. Many people have made a lot of profit from meme coin but to say that it is completely like gambling luck, it is very difficult to say when such a good situation will occur.
Sure, being rich through meme coins isn't impossible. If you are the developers, you must be rich after you did rugpull.  ;D
Well, I don't know how many people get huge profits and get severe losses. But since there are many cases of rugpull, no doubt there are many people who lose big funds.

There is no way to analyze it because it has no fundamental. If we smart enough, we don't want to invest in meme coins. They have no something to develop their values in the future, they only rely on the hype.

Title: Re: Can a meme coin make you rich?
Post by: yohananaomi on January 30, 2024, 04:34:38 AM
Actually it is possible to get rich very fast from meme coin but it is very difficult to analyze which meme coin will give you big profit. Many people have made a lot of profit from meme coin but to say that it is completely like gambling luck, it is very difficult to say when such a good situation will occur.
Sure, being rich through meme coins isn't impossible. If you are the developers, you must be rich after you did rugpull.  ;D
Well, I don't know how many people get huge profits and get severe losses. But since there are many cases of rugpull, no doubt there are many people who lose big funds.

There is no way to analyze it because it has no fundamental. If we smart enough, we don't want to invest in meme coins. They have no something to develop their values in the future, they only rely on the hype.
luck that was obtained for a moment and not really because of the development that was carried out, and I doubt that, so there will be no more possibilities, although of course it is too apathetic, but we also have to be realistic.
who got big profits at that time just because it was unavoidable good fortune, but afterwards many lost because they were too hopeful that the same thing would happen.
I think it's enough to choose another coin rather than just a meme coin, which could disappear from the exchange at any time because it doesn't have the ability to survive anymore. Don't be tempted because the price is cheap, and I hope there will be another surprise.
Title: Re: Can a meme coin make you rich?
Post by: Rembroman on January 31, 2024, 02:24:42 PM
Personally, I have a hard time investing my money in memcoins, but I do sin it occasionally. Only I have a strategy about it, I try to buy memcoins with the money I win or get from investments. For example I win money on the Fairspin platform with staking TFS token and invest that money in memcoins. But this is my strategy, in general it is also possible to invest in this way with low risks
Title: Re: Can a meme coin make you rich?
Post by: bom_bom on January 31, 2024, 03:14:16 PM
Personally, I have a hard time investing my money in memcoins, but I do sin it occasionally. Only I have a strategy about it, I try to buy memcoins with the money I win or get from investments. For example I win money on the Fairspin platform with staking TFS token and invest that money in memcoins. But this is my strategy, in general it is also possible to invest in this way with low risks
a pretty interesting strategy. I know about this platform but I don't think you can make quite a lot of money there, although it is as an option for additional money for investment
Title: Re: Can a meme coin make you rich?
Post by: Duckenth on January 31, 2024, 04:52:28 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Currently there are lots of meme coins, and if we are lucky we can get meme coins that can make us rich.  Take the history of Doge coin as an example. In the past, no one thought Doge would have a high price. 
However, after Elon Musk supported Doge, the price of Doge immediately skyrocketed and made its holders very rich.
Title: Re: Can a meme coin make you rich?
Post by: Gurujebs on January 31, 2024, 05:10:51 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

There is a chance but the chance is 1 in every 10 of the chances of making money from meme coins. When Dodge and Shiba I u were trending and became the new hot cake of investment, so many hundreds of meme coins shoot up promising to be the next killer and today, many of them has died and everyone that has invested in them lost everything.

You can't be lucky all the time and because someone made it from investing in meme coins doesn't mean you will make the same. Yours might come from other projects and not necessarily meme, just that meme coins came into existence the way ICO were the next thing of past bullrun promises, don't be surprised if this is also forgotten as we go into new bull run.
Title: Re: Can a meme coin make you rich?
Post by: TopT3ns on January 31, 2024, 09:59:10 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Currently there are lots of meme coins, and if we are lucky we can get meme coins that can make us rich.  Take the history of Doge coin as an example. In the past, no one thought Doge would have a high price. 
However, after Elon Musk supported Doge, the price of Doge immediately skyrocketed and made its holders very rich.
The more memecoins there are, the higher the risk they create, and if you want to get into memecoin, then you have to remain alert and, as much as possible, not use the money you are using in the near future because when you are trapped in memecoin, it will not make you depressed, and nothing will guarantee profits in memecoin. Therefore,  all the actions you take in memecoin depend on Do Your Own Research (DYOR).
Title: Re: Can a meme coin make you rich?
Post by: debra on January 31, 2024, 11:09:10 PM
Altcoins that come from memecoin will not completely make you rich because coin price movements like that are not very clear and the risk is very high. It is better to be careful and not hold on to memecoin for too long. It is best to use all the capital you currently have. to buy coins that have the potential to provide long-term profits, such as Bitcoin, which has a very small and limited supply and is a useful product because it is used by many people.
Meme coins or fundamental coins won't easily make us to be rich people. There are luck factor, knowledge, and experience. We can't expect to be rich in a short time when we invest in crypto coins, including when we invest in meme coins. Meme coins are the coin that rely on the hype, right? So, it is very difficult to speculate about the hype. We must have many experience with meme coins and have proper knowledge on it if we want to be rich with meme coins. However, meme coins are riskier than other coins because they surely have no clear future.

Title: Re: Can a meme coin make you rich?
Post by: KingsDen on January 31, 2024, 11:37:52 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Memecoins are just like gambling. There's a possibility of making it big and huge and there's also an equal opportunity of losing all your investment when the market go against you.
Memecoins are just a form of shitcoins and shitcoins are not reliable but they can sometimes make wonders in the market.

What many people do is that when they have finished investing, they will tend to try their luck on random meme coins and see if the best can come from there.
Title: Re: Can a meme coin make you rich?
Post by: therozaq on February 01, 2024, 06:20:36 AM

That is what causes trading to be the right place to make money easily because it only takes advantage of price movements that exist on the exchange, whereas what will influence price movements is only through the news circulating so that the rise and fall of cryptocurrency prices will be fast and will provide a lot of benefits. Good luck to those who can ride its wave.


Trading is good way to gain profit whic we can make mone from price movements.
We should can take advantage of volatility of crypto, especially maybe use bitcoin and Ethereum.
Several friends also use BNB for their trading.
But trading is not easy.
We should have good analysis, skill , and monitor the trend market.
Title: Re: Can a meme coin make you rich?
Post by: elbans89 on February 01, 2024, 08:06:25 AM

The more memecoins there are, the higher the risk they create, and if you want to get into memecoin, then you have to remain alert and, as much as possible, not use the money you are using in the near future because when you are trapped in memecoin, it will not make you depressed, and nothing will guarantee profits in memecoin. Therefore,  all the actions you take in memecoin depend on Do Your Own Research (DYOR).


that's true, all the actions you take in memecoin depend on Do Your Own Research (DYOR).
noted
But I suggest don't invest in meme coins.
Very risky and if you're trapped in meme coin, forget it.
You will lose or wait until several years.
But It's impossible to increase again, except meme coin which  so popular like doge and shib.


Title: Re: Can a meme coin make you rich?
Post by: Geey on February 01, 2024, 08:29:16 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
It's true, meme coins can make us suddenly rich, but not all meme coins. because now there are many meme coin projects that provide very good promises in the project so that all investors are attracted by the promises of the project.
We have to be smart in choosing a project, otherwise you will suffer losses. My advice is that you can look for lots of news about the project you are going to invest in so that you know the quality of the project you are participating in.
Title: Re: Can a meme coin make you rich?
Post by: yohananaomi on February 01, 2024, 10:03:02 PM
Personally, I have a hard time investing my money in memcoins, but I do sin it occasionally. Only I have a strategy about it, I try to buy memcoins with the money I win or get from investments. For example I win money on the Fairspin platform with staking TFS token and invest that money in memcoins. But this is my strategy, in general it is also possible to invest in this way with low risks
Even if you personally have difficulty investing in meme coins, try using the results of the investment or profits from meme coins to bet again.Maybe that's a way that you think can be profitable to do, but I believe this is for the purpose of speculating.As long as you believe there is nothing wrong with it, because everything comes from the funds you have, you have the right to do anything as long as it looks good to you.I hope what you are doing is the right way to do it. Congratulations if you can make a profit from your actions.
Title: Re: Can a meme coin make you rich?
Post by: Mr. Magkaisa on February 01, 2024, 10:58:30 PM

That is what causes trading to be the right place to make money easily because it only takes advantage of price movements that exist on the exchange, whereas what will influence price movements is only through the news circulating so that the rise and fall of cryptocurrency prices will be fast and will provide a lot of benefits. Good luck to those who can ride its wave.


Trading is good way to gain profit whic we can make mone from price movements.
We should can take advantage of volatility of crypto, especially maybe use bitcoin and Ethereum.
Several friends also use BNB for their trading.
But trading is not easy.
We should have good analysis, skill , and monitor the trend market.

       -   What you say is true, mate, and because trading can give profit to anyone, that means trading includes top altcoins, shitcoins, meme coins, and NFTs that can be used for earnings. It's just different how we make it a way to get earnings, right?

Because this is the reality in the field of cryptocurrency in this industry, where the majority and often what others say are shitcoins, the meme coins have a lot of profit in them through trading, although most also do not experience good earnings here too if you lack knowledge in the crypto space.
Title: Re: Can a meme coin make you rich?
Post by: UNIVERSE on February 01, 2024, 11:03:50 PM
It's true, meme coins can make us suddenly rich, but not all meme coins. because now there are many meme coin projects that provide very good promises in the project so that all investors are attracted by the promises of the project.
We have to be smart in choosing a project, otherwise you will suffer losses. My advice is that you can look for lots of news about the project you are going to invest in so that you know the quality of the project you are participating in.
We can find numerous meme coins.
https://www.coingecko.com/en/categories/meme-token
From those lists, we can see that some of them are still worthy to find and most of them are none. This is kind of tricky thing to decide if a new meme coin will be exactly worth growing or not. But, we must be careful as always because meme coin is always risky, high risk. Moreover, most of meme coins are existed with hype condition, so we must be able to utilize the hype cycle, if it is left from hype, it means that most meme coins are going to drop. So far, how many kinds of meme coins that are still surviving and can gain its ATH? I still don't find it.
Title: Re: Can a meme coin make you rich?
Post by: debra on February 01, 2024, 11:37:53 PM
Because this is the reality in the field of cryptocurrency in this industry, where the majority and often what others say are shitcoins, the meme coins have a lot of profit in them through trading, although most also do not experience good earnings here too if you lack knowledge in the crypto space.
Really agree with this. Most of the coins in crypto industry are just shitcoins, they are created for the hype and pump-dump only. The developers created the shitcoins to get fast profits (quick money). Many of the developers have no good knowledge to manage the projects, they are just focusing to get investors money. So, people who have lack of knowledge, will be very risky to invest in crypto. We must understand how crypto coin work before we decide to invest.

Title: Re: Can a meme coin make you rich?
Post by: I-Bit on February 01, 2024, 11:47:02 PM
From those lists, we can see that some of them are still worthy to find and most of them are none. This is kind of tricky thing to decide if a new meme coin will be exactly worth growing or not. But, we must be careful as always because meme coin is always risky, high risk.
How to know that they are worthy? I think it is just a list of meme coins, nothing more. Although some meme coins can be popular now, it is no guarantee to stay popular in the next few months. It is difficult to get worthy meme coins, most of them are just hype in a short time. Yes, the risk is very high, it is much higher than fundamental coins. If we choose the wrong meme coins, we may lose all our money.

Title: Re: Can a meme coin make you rich?
Post by: Salahmu on February 01, 2024, 11:51:37 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Yeah actually the truth is that there is always a possibility that someone could get rich through Memecoin  but the question remains that how would you be able to identify the right Memecoin to invest because irrespective of the opportunity that we feel that Memecoin offers there is also a likelihood that someone could lose everything just by investing on Memecoin that's why is not always advisable investing on Memecoin unless you are certain about the Memecoin.
Title: Re: Can a meme coin make you rich?
Post by: BitMaxz on February 01, 2024, 11:55:16 PM
How to know that they are worthy? I think it is just a list of meme coins, nothing more. Although some meme coins can be popular now, it is no guarantee to stay popular in the next few months. It is difficult to get worthy meme coins, most of them are just hype in a short time. Yes, the risk is very high, it is much higher than fundamental coins. If we choose the wrong meme coins, we may lose all our money.

I don't think there's a way to know if these meme coins are worthy maybe I think if some influencer supports it like Elon Musk that's the way to know that this meme coin might skyrocket later but other things to check how worthy to invest in meme coins is none. It's just me maybe others here that we do not know have some other ways how worthy meme coins are but for me, I can't find any ways to check if this meme coin is worth to invest.
Title: Re: Can a meme coin make you rich?
Post by: GideonGono on February 02, 2024, 02:43:55 AM
First of what is your definition of rich?
If it is something that wouldn't think about money or have financial problem and doesn't need to work, then no meme coins or alt coins couldn't give you that kind of life if you would only earn from them once.
But since you generalized it in meme coin not all alt coins then, I think continues profit from them would really be hard thing to achieve not all meme coins give much profit or be successful project.
But if you are talking about Big profit from meme coins then it is possible and it also needs a big amount of capital to be risk.
Title: Re: Can a meme coin make you rich?
Post by: TopT3ns on February 02, 2024, 05:33:24 AM
I don't think there's a way to know if these meme coins are worthy maybe I think if some influencer supports it like Elon Musk that's the way to know that this meme coin might skyrocket later but other things to check how worthy to invest in meme coins is none. It's just me maybe others here that we do not know have some other ways how worthy meme coins are but for me, I can't find any ways to check if this meme coin is worth to invest.
The first meme coin that received support from Elon Musk was Dogecoin and then lots of meme coins were created until finally Elon Musk had a case and now he is more careful about tweeting on the platform he just bought at a high price, as for investment. So you should remain vigilant because in my opinion meme coin is not suitable as an investment place because the risk is too high.
Title: Re: Can a meme coin make you rich?
Post by: IyemRoker on February 03, 2024, 02:06:34 PM
because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin.
This statement is very familiar with various sayings on Telegram channels because with just 1 USD capital you can earn 1000 USD.
Maybe what you are experiencing is exactly the same as what is in the Telegram channel story and I am sure that all members of altcoinstalks have experienced it.

I also often get advice from my friends about Meme coin so that I can just buy and HodL with little capital.
They also said just wait 5 or 10 years, then the Meme coin will go "To The Moon". They are very confident in the principle but I am not so sure because almost every second I notice this Meme coin launching on various DEXs.
Title: Re: Can a meme coin make you rich?
Post by: Evgenklm on February 03, 2024, 09:01:23 PM
Investing in meme coins can be a risky venture. While some may yield short-term profits, most of these coins are short-lived and susceptible to high volatility. The allure of getting rich quickly with meme coins is tempting, but it's crucial to realize that this market comes with high degrees of uncertainty and risk. I would think ten times before investing in such projects; most of them turn out to be scams. Finding a meme project at its inception that will genuinely materialize in the future is challenging; more often than not, they end up being empty endeavors.
Title: Re: Can a meme coin make you rich?
Post by: Baofeng on February 03, 2024, 11:30:49 PM
How to know that they are worthy? I think it is just a list of meme coins, nothing more. Although some meme coins can be popular now, it is no guarantee to stay popular in the next few months. It is difficult to get worthy meme coins, most of them are just hype in a short time. Yes, the risk is very high, it is much higher than fundamental coins. If we choose the wrong meme coins, we may lose all our money.

I don't think there's a way to know if these meme coins are worthy maybe I think if some influencer supports it like Elon Musk that's the way to know that this meme coin might skyrocket later but other things to check how worthy to invest in meme coins is none. It's just me maybe others here that we do not know have some other ways how worthy meme coins are but for me, I can't find any ways to check if this meme coin is worth to invest.

That's the very definition of meme coins, it was created or at at least influence my some personalities like Elon Musk in 2020 that pushes Doge to it's highest and maybe there are a lot of holders who make money out of it.

And then followed by Shiba and maybe another one that I forgot. For sure we have nothing against those meme coins as it worth something in the future or not. But for smart investors, it's not for us. Again, everyone here can decide where to put their money is, but I believed that there are investors who look for solid and legit coins and not those defined as meme coins.
Title: Re: Can a meme coin make you rich?
Post by: Bitcoin_people on February 04, 2024, 02:22:58 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Most of the users basically want to earn more money especially those who are new to crypto. Basically those new users notice on various social media that meme coins are pumping more and from there people find get-rich-quick schemes. While it is possible to make a lot of money from investing a small amount of money in Meme Coin, and we have seen many people who have been able to do this, there are also many types of risk involved. But an experienced person never advises to invest in such coins and they don't invest as they know it is not long lasting in the market but transitory. These meme coins can disappear from the market at any time and can become scams, so it is not good to expect a lot of greed, so it is best to invest in coins that will never decrease in market value.
Title: Re: Can a meme coin make you rich?
Post by: MVL~$ on February 04, 2024, 03:18:57 AM
Investing in meme coins can be profitable. But the probability of this is very low. Because meme coin increases in price very overnight and on the contrary it decreases in price very quickly. Again, these coins are also most likely to be scams. Here, as success comes quickly, so does failure. There are very few people who have succeeded from this meme coin. Usually it becomes very difficult to choose among these few which are worth investing in. You can be successful with these coins but the chances are low. So you should think carefully before investing.
Title: Re: Can a meme coin make you rich?
Post by: trendcoin on February 05, 2024, 02:55:39 PM
A memecoin can't make me rich and a lottery ticket can't make me rich because I don't buy either of them... :)

I'm not a very successful person in the cryptocurrency market but I have some principles and one of them is not to buy memecoins unless I have to. For example, if I have to move money from one cryptocurrency exchange to another cryptocurrency exchange and the best option is Dogecoin, or if someone asks me to pay in Dogecoin, then I might suspend my principles, but otherwise, I don't break my principles.
Title: Re: Can a meme coin make you rich?
Post by: yohananaomi on February 06, 2024, 12:31:02 AM
The first meme coin that received support from Elon Musk was Dogecoin and then lots of meme coins were created until finally Elon Musk had a case and now he is more careful about tweeting on the platform he just bought at a high price, as for investment. So you should remain vigilant because in my opinion meme coin is not suitable as an investment place because the risk is too high.
Doge is indeed big because of a tweet made by Elon Musk, and it cannot be denied and makes the price skyrocket, and many who hold it make a profit.
but not in the future because he also did another coin meme and displayed it on his homepage, but didn't get any response.
It seems like everyone already knows that Elon Musk is only looking for short-term profits from Doge.
It must also be remembered that Elon Musk is busy with X changing from free to having to be paid.
I agree with you, meme coins are not suitable as an investment either now or in the future; don't try them if you don't want to lose.
Title: Re: Can a meme coin make you rich?
Post by: gunhell16 on February 06, 2024, 05:17:38 AM
Investing in meme coins can be profitable. But the probability of this is very low. Because meme coin increases in price very overnight and on the contrary it decreases in price very quickly. Again, these coins are also most likely to be scams. Here, as success comes quickly, so does failure. There are very few people who have succeeded from this meme coin. Usually it becomes very difficult to choose among these few which are worth investing in. You can be successful with these coins but the chances are low. So you should think carefully before investing.

When choosing potential meme coins, you must know how to run a legitimate project with them. You must have a basis to know that a meme coin that is promoted in the crypto space has potential.

Because if you don't have any basis, instead you will just agree with the hype and promises, the money you will use for the meme coin investment will be wasted. But if you're sure you want to invest without hesitation, it's that simple to do.
Title: Re: Can a meme coin make you rich?
Post by: Sokani on February 06, 2024, 02:45:28 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

Memecoins can certainly make you rich because I've read multiple stories online of some investors buying memecoins with just few bucks and turning it into millions of dollars. However, memecoins are high risk investment with no use cases, well known for pumps and dumps and the chances of getting scammed is really high. No matter the DYOR, I think when you invest in memecoin, you've a 1% chance of mooning and 99% chance of burning.
Title: Re: Can a meme coin make you rich?
Post by: alltalk on February 06, 2024, 09:54:43 PM
When choosing potential meme coins, you must know how to run a legitimate project with them. You must have a basis to know that a meme coin that is promoted in the crypto space has potential.

Because if you don't have any basis, instead you will just agree with the hype and promises, the money you will use for the meme coin investment will be wasted. But if you're sure you want to invest without hesitation, it's that simple to do.
Choosing meme coins that have the potential or chance to increase significantly, isn't that easy. They have no fundamentals to analyze, they also sometimes have no clear plans for the future. We only can see their partnerships and their community. Mostly, I choose the meme coins that have good partnerships. They also have the plan to list on good exchanges. And I will ensure they have strong community to support spreading the big hype of the meme coins. The success in investing meme coins will depend on how good we determine the right time to entry and sell the meme coins. We must sell in the right time, we mustn't sell it late because the price change will be very significant.

Title: Re: Can a meme coin make you rich?
Post by: Dr.Bitcoin_Strange on February 06, 2024, 10:19:01 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

First, you and your friend must know that cryptocurrency is not a get-rich-quick scheme or a get-poor scheme. If you are hastily chasing after a quick profit from cryptocurrency, you might be unlucky to invest in shitcoins, thinking that you have invested in the right gem coin. There are many meme coins, and I believe that definitely one meme coin can be able to experience a huge pump that can earn investors millions or billions of dollars, just like Doge coin, Shiba coin, and Pepe coin earned some investors millions of dollars, but you or your friend cannot know the meme coin that can pump. So, while investing in a meme coin, do proper research on the project and don't be very confident in just one meme coin.
Title: Re: Can a meme coin make you rich?
Post by: debra on February 06, 2024, 11:45:16 PM
Investing in meme coins can be profitable. But the probability of this is very low. Because meme coin increases in price very overnight and on the contrary it decreases in price very quickly. Again, these coins are also most likely to be scams.
No doubt that some people succeed with meme coins. That's why there is still good interest from many people to buy meme coins. If people didn't get profits from meme coins, they will stop buying meme coins. However, it is quite difficult to understand the trend of meme coins. The trend or hype is easy to appear but it easily disappears as well. When the hype is over, it is true that the price drops very significantly. Moreover, if they are indicated as scams, the prices of the meme coins will be zero. No one wants to buy the meme coins anymore.


Title: Re: Can a meme coin make you rich?
Post by: jonathancool220 on February 07, 2024, 04:18:44 AM
It could also make me rich from Meme coins if I buy DOGE coins from the price of 5 satoshi and sell them at today's or yesterday's price when the DOGE coin price was 5 cents.
Everything in cryptocurrency is full of very high uncertainty, for example, many people think it is impossible for the DOGE coin to reach 5 cents but in fact 5 cents has already been passed.

If the OP thinks I can't get rich from Meme coins, that seems wrong because these Meme coins have now made many people rich.
You just need a little luck to be able to buy Meme coins at a low price and then the price can rise several times higher.
Title: Re: Can a meme coin make you rich?
Post by: Altcoin1998$ on February 07, 2024, 04:35:46 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Early investing in MEME coins has a history of multiple profits but in the current context most of the Meme coins are scams so investing in Meme coins is very risky at present. But any meme coin can definitely become a millionaire if it is possible to invest in Seedround with 10-100x profit. I have been investing in Shiba inu Meme coins and holdings. I think the altcoin session after the upcoming halving actually has good profit potential.
Title: Re: Can a meme coin make you rich?
Post by: yohananaomi on February 07, 2024, 08:06:49 AM
Memecoins can certainly make you rich because I've read multiple stories online of some investors buying memecoins with just few bucks and turning it into millions of dollars. However, memecoins are high risk investment with no use cases, well known for pumps and dumps and the chances of getting scammed is really high. No matter the DYOR, I think when you invest in memecoin, you've a 1% chance of mooning and 99% chance of burning.
You are right in what you say, that many people suddenly got rich from meme coins, and when the surprise happened, that made Doge shoot up. Unfortunately,  that's just an old story. but you will find it difficult to hear the news that someone is getting rich suddenly from meme coins right now. So I think currently many people don't trust meme coins as an investment and don't try to speculate on things that may never happen again.
Title: Re: Can a meme coin make you rich?
Post by: Evgenklm on February 07, 2024, 10:18:05 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

I think many newcomers in cryptocurrencies are attracted to meme coins because of the potential for quick profits. My friend even claims that you can suddenly get rich with them. But I'm skeptical about that. Most meme coins, in my opinion, are just temporary phenomena in the market, and some of them may even be fraudulent schemes. Though, of course, anything can happen in cryptocurrencies, and some meme coins can indeed be promising.
Title: Re: Can a meme coin make you rich?
Post by: yohananaomi on February 08, 2024, 10:00:31 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

I think many newcomers in cryptocurrencies are attracted to meme coins because of the potential for quick profits. My friend even claims that you can suddenly get rich with them. But I'm skeptical about that. Most meme coins, in my opinion, are just temporary phenomena in the market, and some of them may even be fraudulent schemes. Though, of course, anything can happen in cryptocurrencies, and some meme coins can indeed be promising.
Many are tempted new investors to believe that the story of success can get fantastic results from the coin meme, and it cannot be prevented because it is a true story.
But why are they tempted? Because coin meme prices are still affordable to be purchased and speculating, but maybe those who have ever experienced situations where the funds continue to go down at any time, even when they are no longer valuable, no longer believe in the coin meme.
For the new meme coin, it is certain that it cannot be used as an investment, because it has can never promised, so investors have never wanted to put their funds there.
Of course, like Doge, Shiba is still feasible to use as a short-term investment but not feasible for the long term, which is difficult to guess.
Title: Re: Can a meme coin make you rich?
Post by: Mr. Magkaisa on February 09, 2024, 06:08:30 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

    -   Honestly, I can't say which of the two feels that way more because there are young gamblers who have been gambling for a long time just enjoying themselves, and there are also old people who are gambling for the first time and not for fun. just the aim here.

So that means it's hard to predict. Now if I were to guess him, I think that even though I'm not sure, there are more old gamblers who just play for fun gambling, and only a few are a little dependent on gambling because most of the old gamblers know how to manage themselves in gambling.

Title: Re: Can a meme coin make you rich?
Post by: Vx1 on February 09, 2024, 06:20:03 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
It's very possible, in fact, many meme coins have made fortunes for crypto players. However, they prefer to remain silent and not show these results to the general public.
Many meme coins have experienced very high increases.  If we succeed in hunting for such meme coins, it is not impossible that we will suddenly get rich from meme coins.
Title: Re: Can a meme coin make you rich?
Post by: armanda90 on February 09, 2024, 06:34:38 PM
Meme coin has possibility to make reach depend when entry and how much capital use for buying meme coins, since meme coins hype last three years ago my friend bough meme coins worth $10 and hold it until raise more than 1 BNB current price 200$. Its simple when investing in meme coin put $10 each meme coins kinds then waiting few days later get any potential for raising profitable more than 1000%.
Right now I can't get any profitable by investing with meme coins, difficult based on 100 meme coins investing only worth under 10 meme coins and can't guarantee earn much profitable.
Title: Re: Can a meme coin make you rich?
Post by: Dr.Bitcoin_Strange on February 09, 2024, 11:50:22 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
It's very possible, in fact, many meme coins have made fortunes for crypto players. However, they prefer to remain silent and not show these results to the general public.
Many meme coins have experienced very high increases.  If we succeed in hunting for such meme coins, it is not impossible that we will suddenly get rich from meme coins.

Currently, there are a lot of meme coins in the space, and some of them have already earned huge profits for some investors. The meme coin might not pump again like it did in its first phase, so it is necessary to look for other new meme coins that have not seen a good all-time high. Such memes might luckily pump again, making any investor rich this time. Although, no matter any prediction or assumptions, it is usually not possible to know the right meme that can pump aggressively and generate huge profit.
Title: Re: Can a meme coin make you rich?
Post by: philipma1957 on February 10, 2024, 12:18:33 AM
I think doge will go back past its all time high. So you could change 8 cents into 72 cent easy peasy.

or 8,000 into 72,000
Title: Re: Can a meme coin make you rich?
Post by: examplens on February 10, 2024, 12:39:51 AM
I think doge will go back past its all time high. So you could change 8 cents into 72 cent easy peasy.

or 8,000 into 72,000

It's a matter of the angle from which you look
Looking at the yearly chart, Doge seems to be going back to where it was before Elon Musk's play.
172 Satoshi's per Doge, and with the increase in the value of Bitcoin, it can go even lower. But there will certainly be another pumping, so who can stand to hold...

(https://talkimg.com/images/2024/02/09/vrt6w.png)
Title: Re: Can a meme coin make you rich?
Post by: taufik123 on February 10, 2024, 02:15:47 PM
It's a matter of the angle from which you look
Looking at the yearly chart, Doge seems to be going back to where it was before Elon Musk's play.
172 Satoshi's per Doge, and with the increase in the value of Bitcoin, it can go even lower. But there will certainly be another pumping, so who can stand to hold...

(https://talkimg.com/images/2024/02/09/vrt6w.png)
Only diamond hands can withstand it, Bitcoin's rising value, especially if it reaches a new ATH,
I'm sure DOGE and some top memecoins like SHIBA will get their ATH as well, or at least the price will increase higher than the current price.

DOGE also seems to depend on how Elon talks about it, when Elon Musk has started, it will be DOGE's opportunity to start heating up its engines to go to the Moon.
Title: Re: Can a meme coin make you rich?
Post by: robelneo on February 10, 2024, 02:58:35 PM

DOGE also seems to depend on how Elon talks about it, when Elon Musk has started, it will be DOGE's opportunity to start heating up its engines to go to the Moon.

Doge's existence depends so much on Elon's stance, as long as Doge enjoys Elon's support it will always stay on top, Doge started the meme trend just when the majority thought that Doge would fade away and would just become a memory, Elon created a miracle on Doge and so from fading it infuses a new life to Doge, and there's a possibility that there's a second wave of hype by Elon and this is something to watch out for if you still believe on Doge this is the best time to buy Doge, who knows tomorrow Elon make a move to hype Doge again.
Title: Re: Can a meme coin make you rich?
Post by: Mia Chloe on February 10, 2024, 04:17:49 PM
Well you definitely can but you will require a lot of analysis and even experience. To be able to progress in the shitcoin market you need to properly understand how pump and dump schemes work. One needs to involve himself in strategic plannings to know the right periods to engage in massive buyings and also when to sell the coins off.
It's quite tricky as wrong moves can also result in great losses.
Title: Re: Can a meme coin make you rich?
Post by: bounceback on February 10, 2024, 04:39:59 PM
Have many meme coins success break out to the higher price and why many people still doubt with meme coin can make rich? look with Doge coin since first time advertising by Elon Musk success make new highest price and pump drastically. From cheapest price and Doge coins break out raise almost $1 with how many people become rich when investing with meme coins such as doge coin.
Indeed doge coin has Shiba Inu coin, there are many people earn much profitable with this meme coins but depend on early investing if late investment there are not chance to earn much profit with meme coins.
Title: Re: Can a meme coin make you rich?
Post by: Fivestar4everMVP on February 10, 2024, 06:42:42 PM
Well you definitely can but you will require a lot of analysis and even experience. To be able to progress in the shitcoin market you need to properly understand how pump and dump schemes work. One needs to involve himself in strategic plannings to know the right periods to engage in massive buyings and also when to sell the coins off.
It's quite tricky as wrong moves can also result in great losses.
Investing in meme coins isn't as complicated as you think bro, being successful in investing in meme coins only requires that you invest time in finding a meme coin that is with a very funny narrative, and one that is very relatable in real life, and likely to be liked by many..

And the next step is to try as much as possible to invest early, for the earlier your investment in such a meme coin, the greater you/your profit as soon as the such meme coin starts getting attentions and investments from cryptocurrency community.
Title: Re: Can a meme coin make you rich?
Post by: Carbitcoin on February 10, 2024, 07:04:12 PM
Despite their humorous nature, memcoins are an excellent alternative to the cryptocurrency market. Their strong communities offer unparalleled freedom of choice and the opportunity to try new products in the cryptocurrency niche.
Title: Re: Can a meme coin make you rich?
Post by: tjtonmoy on February 10, 2024, 08:24:29 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
What else do you expect from a meme coin? It's already in their name. It literally has no purpose in the crypto market. It was made for fun and some guy thought it would be a good idea and that created the hype in the market. Thus it has become a thing in the market. (Pstt...Hey.... that guy is Elon Musk if you are wondering.)

So now people think that something like that might happen again and they will be millionaires overnight. But the truth is, it could happen, however not likely. So focus on something that is actually doing something rather than focusing on shit projects.
On second thought tho, if you have spare money you can easily forget about, then invest a small amount of little to nothing and just forget about it. If some miracle happens in the future, you could also be a part of that.
Title: Re: Can a meme coin make you rich?
Post by: Vx1 on February 11, 2024, 02:08:59 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
It's very possible, in fact, many meme coins have made fortunes for crypto players. However, they prefer to remain silent and not show these results to the general public.
Many meme coins have experienced very high increases.  If we succeed in hunting for such meme coins, it is not impossible that we will suddenly get rich from meme coins.

Currently, there are a lot of meme coins in the space, and some of them have already earned huge profits for some investors. The meme coin might not pump again like it did in its first phase, so it is necessary to look for other new meme coins that have not seen a good all-time high. Such memes might luckily pump again, making any investor rich this time. Although, no matter any prediction or assumptions, it is usually not possible to know the right meme that can pump aggressively and generate huge profit.
It seems so, Meme coins have only reached the highest price peak once. After that it will be difficult for meme coins to get their highest price again. 
And I agree, if there is a meme coin that has reached ATH, we should be careful if we want to enter and invest in it.  And it's better if we look for new meme coins, of course those that have good potential.
Title: Re: Can a meme coin make you rich?
Post by: de_prof on February 11, 2024, 03:43:45 PM

Meme coins have only reached the highest price peak once. After that it will be difficult for meme coins to get their highest price again.
And I agree, if there is a meme coin that has reached ATH, we should be careful if we want to enter and invest in it.  And it's better if we look for new meme coins, of course those that have good potential.


I suggest don't invest in memecoins if you don't afford the lost. Because meme coins are very risky. As you said, if memecoin reached ATH, don't buy it. You will trapped in high price, because meme coin will stuck. Meme coins need hype and FOMO. it's the fact.
Better to buy other coins ,such as Solana, BNB, Polkadot etc
Title: Re: Can a meme coin make you rich?
Post by: Jamal Aezaz on February 11, 2024, 06:20:39 PM
It is possible to become rich with the help of meme coins but 10 out of 100 meme coins can show successful growth while remaining will drop the value of your money. If you put less amount in meme coins then there is a possibility that you will win little profit because your profit will be dependent upon the invested amount.

But if you put large sum in meme coins then either you will win big jackpot or will Loss your big sum so in case of meme coins large amount is something risky. It is true that meme coins are not fully trusted coin but when they increase in worth then a person can easily get profit if he bought meme coins while the price was low.
Title: Re: Can a meme coin make you rich?
Post by: Vx1 on February 12, 2024, 06:07:53 PM

Meme coins have only reached the highest price peak once. After that it will be difficult for meme coins to get their highest price again.
And I agree, if there is a meme coin that has reached ATH, we should be careful if we want to enter and invest in it.  And it's better if we look for new meme coins, of course those that have good potential.


I suggest don't invest in memecoins if you don't afford the lost. Because meme coins are very risky. As you said, if memecoin reached ATH, don't buy it. You will trapped in high price, because meme coin will stuck. Meme coins need hype and FOMO. it's the fact.
Better to buy other coins ,such as Solana, BNB, Polkadot etc
Yes, that's right, I also agree, if we want to invest safely, we can choose top ranked coins as mentioned above.
But if we want to speculate and dare to take risks, maybe choosing this meme coin can be said to have extreme risks. But if we are lucky, we can get bigger profits.
Title: Re: Can a meme coin make you rich?
Post by: yohananaomi on February 12, 2024, 09:29:08 PM

Meme coins have only reached the highest price peak once. After that it will be difficult for meme coins to get their highest price again.
And I agree, if there is a meme coin that has reached ATH, we should be careful if we want to enter and invest in it.  And it's better if we look for new meme coins, of course those that have good potential.


I suggest don't invest in memecoins if you don't afford the lost. Because meme coins are very risky. As you said, if memecoin reached ATH, don't buy it. You will trapped in high price, because meme coin will stuck. Meme coins need hype and FOMO. it's the fact.
Better to buy other coins ,such as Solana, BNB, Polkadot etc
Yes, that's right, I also agree, if we want to invest safely, we can choose top ranked coins as mentioned above.
But if we want to speculate and dare to take risks, maybe choosing this meme coin can be said to have extreme risks. But if we are lucky, we can get bigger profits.
Why is it that, until now, there are still many people who want to speculate about continuing to buy meme coins? Maybe this is because of the news that people still like to hear, that it can provide huge profits, and that the price is also easy to reach. I agree that even though there are still many potential alternative coins that can be used as choices, those who are still interested in meme coins will continue to buy them because they hope that they will be able to get big profits.
Title: Re: Can a meme coin make you rich?
Post by: bhadz on February 12, 2024, 11:35:16 PM
For a real early investor of those memecoins and not just hype buyers, it is possible. I should even have became a millionaire with doge but missed holding it as I've sold too early on it and that's fine. Those that have invested on it and held and forgotten it was like a blessing to them and then when they've sold, they're already priced high and was able to become rich on it. But this time, if you're quite late to the party, you'll get stuck so choose wisely, go slow with Bitcoin.
Title: Re: Can a meme coin make you rich?
Post by: debra on February 12, 2024, 11:57:59 PM
Yes, that's right, I also agree, if we want to invest safely, we can choose top ranked coins as mentioned above.
But if we want to speculate and dare to take risks, maybe choosing this meme coin can be said to have extreme risks. But if we are lucky, we can get bigger profits.
Top rank coins are recommended but it doesn't include meme coins. We have Dogecoins and Shiba Inu among the top rank coins. I think they are still meme coins with no clear future although they are a part of top coins. I think we don't think to risk our money on meme coins if we have no good knowledge and experience. It is very difficult to understand how the development of the meme coins project. Mostly, they rely on the hype only.

Title: Re: Can a meme coin make you rich?
Post by: kent47400 on February 13, 2024, 04:03:54 AM
Meme coins can generate wealth if the Meme coin is created with multi-functions and has a very strong community.
Just look at the good Meme coins that are DOGE and Shiba because I see that this DOGE coin has many advantages, as well as the SHIBA coin.

DOGE has full support from investors, traders and gamblers on various gambling websites because as far as I know, almost all gambling companies accept DOGE coin deposits.
SHIBA has very good advantages because I see that this SHIBA coin has Shiba Name Service, Shibe token, Bone Token, Leash Token, Shibaswap, etc.

But maybe now it's too late to get rich because these two coins are already quite expensive on the market, except for those who have bought them in advance since they were first created and the prices are still cheap.
Title: Re: Can a meme coin make you rich?
Post by: 0t3p0t on February 13, 2024, 10:54:52 AM
But maybe now it's too late to get rich because these two coins are already quite expensive on the market, except for those who have bought them in advance since they were first created and the prices are still cheap.
Choosing the right memecoin to invest might give us the chance to get rich but we should also analyse whether it is the best time to buy these shitcoins since we all know they are prone to pump and dump. Yeah buying them as early as possible especially in bear market will surely give us the possibility to get a pretty decent profit.
Title: Re: Can a meme coin make you rich?
Post by: bounceback on February 13, 2024, 11:25:54 AM
Choosing the right memecoin to invest might give us the chance to get rich but we should also analyse whether it is the best time to buy these shitcoins since we all know they are prone to pump and dump. Yeah buying them as early as possible especially in bear market will surely give us the possibility to get a pretty decent profit.
Unfortunately not easy to choose right meme coins for investing because too early invest have to face large risk will the developer listed their coins on top CEX exchange market?
But in other side difficult to earn much profitable with meme coins already listed on CEX exchange because very difficult break out to the higher, except have been careful when investing in meme coins another side we make speculation when investing in meme coins between get rich in short term or will losses all our capital. I know meme coins have been success helped many people get rich in short term but in other ways many people losses their money after investing in meme coins.
Title: Re: Can a meme coin make you rich?
Post by: kent47400 on February 14, 2024, 10:34:11 AM
But maybe now it's too late to get rich because these two coins are already quite expensive on the market, except for those who have bought them in advance since they were first created and the prices are still cheap.
but we should also analyse whether it is the best time to buy these shitcoins since we all know they are prone to pump and dump.
The problem of analyzing and guessing the price at the beginning is what makes us confused about buying Meme coins so we can make a lot of money.
I, you, they certainly can't analyze things like guessing that cheap coins are then bought and a few days later pumped to the Moon.

Have you analyzed the DOGE coin when the price was 16 Satoshi and you bought a lot of it instantly??
Then you sell the DOGE coin price when it reaches 600 Satoshi?
I'm guessing you're not in that position because you need super luck if you do.
Title: Re: Can a meme coin make you rich?
Post by: bitbit97 on February 14, 2024, 04:02:01 PM
"Choose right coin and moment to invest", "do proper research", "analyze projects" - didnt it makes you smile when we talk about meme coins? Even winning in lottery is simpler than buying proper meme coin. No one can guess that moment when it is time to buy, because in a hour, day or week it will do x100. When meme coins becomes tradable, it is already to late to buy, because team, influencers, whales have already decided when to pump, when to dump to hamsters.

Btw what is rich? Being happy to get $10k easily from a meme-coin isnt rich. $100k and $1kk isnt being rich either. House, car and an option not to work for 10 years isnt being rich.
Title: Re: Can a meme coin make you rich?
Post by: Gyrgen on February 14, 2024, 04:56:46 PM
As usual, everything is theoretically possible and I’m sure there will be stories of how someone got rich from this.But in practice, this is usually not the case. You need to be very lucky to choose the right meme coin from thousands.It might be better to buy a lottery ticket and have a better chance of getting lucky.
Title: Re: Can a meme coin make you rich?
Post by: kulkhan on February 14, 2024, 10:24:37 PM
Yes i strongly believe it. Last bull session we saw huge people changed his life by invest on meme coin. Thats time for meme coin t think. Mainly doge coin and Shiba inu coin was best from all meme coin. And this two coins price increased dramatically. And we saw huge people take profit 30x-40x even more. And they become rich.

So i strongly believe anytime it could be happen again. And not only me anyone could be rich by meme coin.
Title: Re: Can a meme coin make you rich?
Post by: legend45 on February 15, 2024, 02:49:00 PM

Choosing the right memecoin to invest might give us the chance to get rich but we should also analyse whether it is the best time to buy these shitcoins since we all know they are prone to pump and dump. Yeah buying them as early as possible especially in bear market will surely give us the possibility to get a pretty decent profit.


You're right, we all know they are prone to pump and dump. Memecoins are very risky. I personally doubt and have a fear while buy memecoins. Because I have lost a lot at the past.
For now, I just buy top coins and bitcoin is the biggest amount which I have.
Title: Re: Can a meme coin make you rich?
Post by: bitbit97 on February 15, 2024, 03:21:15 PM
Yes i strongly believe it. Last bull session we saw huge people changed his life by invest on meme coin. Thats time for meme coin t think. Mainly doge coin and Shiba inu coin was best from all meme coin. And this two coins price increased dramatically. And we saw huge people take profit 30x-40x even more. And they become rich.

So i strongly believe anytime it could be happen again. And not only me anyone could be rich by meme coin.

If last bull season is the price grow in 2022 you are talking about, then what you are saying is a lie. Dogecoin price went from 10 cents to 15 cents only that is only +50%. Shiba Inu went from $0.0000007 to $0.0000081. That is better, but still far from 30x-40x. That is maximum 11x. Even though it is still a lot, what you wrote isnt true. Next time check what you write.

In addition, do you really believe people are ready to invest such huge amounts into meme coins? Lets say "rich" is a million. Do you believe that someone has invested $25k in a random meme coin, it luckily happened to be Shiba Inu or dogecoin, and he held it till ATH ? Sound like a fairy tale to me.
Title: Re: Can a meme coin make you rich?
Post by: 0t3p0t on February 15, 2024, 03:25:51 PM

Choosing the right memecoin to invest might give us the chance to get rich but we should also analyse whether it is the best time to buy these shitcoins since we all know they are prone to pump and dump. Yeah buying them as early as possible especially in bear market will surely give us the possibility to get a pretty decent profit.


You're right, we all know they are prone to pump and dump. Memecoins are very risky. I personally doubt and have a fear while buy memecoins. Because I have lost a lot at the past.
For now, I just buy top coins and bitcoin is the biggest amount which I have.
Yeah investing on these type of coins is super risky and can sometimes be a suicide move most especially if you've poured huge amount of money on it in the hope for huge profit. But since they are cheap we can try investing in most popular memecoins to date so we may have the higher chance to make profit in the future but of course just choose those that has use case.
Title: Re: Can a meme coin make you rich?
Post by: LUCKMCFLY on February 15, 2024, 03:42:25 PM

Choosing the right memecoin to invest might give us the chance to get rich but we should also analyse whether it is the best time to buy these shitcoins since we all know they are prone to pump and dump. Yeah buying them as early as possible especially in bear market will surely give us the possibility to get a pretty decent profit.


You're right, we all know they are prone to pump and dump. Memecoins are very risky. I personally doubt and have a fear while buy memecoins. Because I have lost a lot at the past.
For now, I just buy top coins and bitcoin is the biggest amount which I have.
Yeah investing on these type of coins is super risky and can sometimes be a suicide move most especially if you've poured huge amount of money on it in the hope for huge profit. But since they are cheap we can try investing in most popular memecoins to date so we may have the higher chance to make profit in the future but of course just choose those that has use case.

I used to think that when Doge was in front of Elon Musk, what most people had to do was buy and wait for about 6 months because there the price Would go up , so in this Order of ideas it was the strategy used by many to be able to make money That's it, now, I'm not one to use these coins to make money, because for me it doesn't make sense to do them like this to be able to make profits thanks to these coins, I have always thought that the things that have to be To get closer in order to have a Better vision of things is that you have to do more , for Example I do not trust those coins , now that Elon is here, because I believe that the only way to do things well is to buy a lot of Doge, and expect Elon Musk to give it a good push upwards, but that's Pump style, it's very difficult for them to pass.

These meme jokes are risky like everything else, but everyone is Rsponsible for doing what best suits them to achieve their Goals.
Title: Re: Can a meme coin make you rich?
Post by: elbans89 on February 16, 2024, 08:34:10 AM

"Choose right coin and moment to invest", "do proper research", "analyze projects" - didnt it makes you smile when we talk about meme coins? Even winning in lottery is simpler than buying proper meme coin. No one can guess that moment when it is time to buy, because in a hour, day or week it will do x100. When meme coins becomes tradable, it is already to late to buy, because team, influencers, whales have already decided when to pump, when to dump to hamsters.

Btw what is rich? Being happy to get $10k easily from a meme-coin isnt rich. $100k and $1kk isnt being rich either. House, car and an option not to work for 10 years isnt being rich.


It's difficult to determine when to buy the right memecoin so you can make  profit.  Honestly, I never  predict meme coins accurately, because I always failed in the past.

Rich ???  if you think rich is in accordance with each individual's standards of adequacy.
Title: Re: Can a meme coin make you rich?
Post by: 0t3p0t on February 16, 2024, 08:42:53 AM

"Choose right coin and moment to invest", "do proper research", "analyze projects" - didnt it makes you smile when we talk about meme coins? Even winning in lottery is simpler than buying proper meme coin. No one can guess that moment when it is time to buy, because in a hour, day or week it will do x100. When meme coins becomes tradable, it is already to late to buy, because team, influencers, whales have already decided when to pump, when to dump to hamsters.

Btw what is rich? Being happy to get $10k easily from a meme-coin isnt rich. $100k and $1kk isnt being rich either. House, car and an option not to work for 10 years isnt being rich.


It's difficult to determine when to buy the right memecoin so you can make  profit.  Honestly, I never  predict meme coins accurately, because I always failed in the past.

Rich ???  if you think rich is in accordance with each individual's standards of adequacy.
What about coincidence of getting rich with memecoins investments? But I can also say that if we are not going to gamble into memecoins we also have no chance of getting rich am I correct? If it's difficult to predict when to buy, how much more on what memecoin to buy? Is it okay for us to just jump into a hype or just observe the flow?
Title: Re: Can a meme coin make you rich?
Post by: Litzki1990 on February 16, 2024, 02:15:53 PM
I think one can dream of getting rich by investing in all types of coins on crypto platforms. We only need to invest in the right coin at the right time and hold our investment till the right time. If we do everything right then we will get better than expected returns from the investment. Meme coin is one such coin that by investing in the coin you can not expect profit in a short period of time but you have to wait for a long time by investing some amount of money in this coin. You have to wait for a long period of time so that the market grows hundreds of times and when the market grows hundreds of times, if you invest a small amount, that investment will become much larger. However, it is expected that it is possible to become rich by investing in such coins.
Title: Re: Can a meme coin make you rich?
Post by: bitbit97 on February 16, 2024, 02:37:51 PM
What about coincidence of getting rich with memecoins investments? But I can also say that if we are not going to gamble into memecoins we also have no chance of getting rich am I correct? If it's difficult to predict when to buy, how much more on what memecoin to buy? Is it okay for us to just jump into a hype or just observe the flow?

I believed in coincidences only when I was a kid :) When money are involved, hard to believe someone bought or sold something accidentally and became rich. Regards time of buying meme-coins, its always preferable to buy during first our of listing or appearance. But what really is difficult is to predict when to sell. Often, when people see the price of their asset grow steadily, it hard to resist not to hit sell button. Subconsciously people believe that x2 is already enough. Dont forget FOMO. People prefer to get low but now, then wait and risk. That is why getting rich with meme-coins is unbelievable. Not only person must invest a lot of money into questionable asset, but also have guts to hold it for a long time.
Title: Re: Can a meme coin make you rich?
Post by: gunhell16 on February 16, 2024, 03:49:10 PM
I think one can dream of getting rich by investing in all types of coins on crypto platforms. We only need to invest in the right coin at the right time and hold our investment till the right time. If we do everything right then we will get better than expected returns from the investment. Meme coin is one such coin that by investing in the coin you can not expect profit in a short period of time but you have to wait for a long time by investing some amount of money in this coin. You have to wait for a long period of time so that the market grows hundreds of times and when the market grows hundreds of times, if you invest a small amount, that investment will become much larger. However, it is expected that it is possible to become rich by investing in such coins.

Well, at least at that point, at least you know things like that, dude. All I can say about that is that it's good to invest there if you're willing to lose the amount you're going to use there. It's better to have no expectations so that at least if you lose the money you invested in, it won't hurt you inside, dude.

But even so, you should also know how to create a meme coin that can be like the Pepe coin that happened last year.
Title: Re: Can a meme coin make you rich?
Post by: FOKA33 on March 06, 2024, 08:32:43 AM
There is a probability of how a meme coin can rich before been listed on an exchange with high investment/hi
Ight reward.
You cannot just start Low and win high.
Title: Re: Can a meme coin make you rich?
Post by: therozaq on March 06, 2024, 08:55:13 AM
I think one can dream of getting rich by investing in all types of coins on crypto platforms. We only need to invest in the right coin at the right time and hold our investment till the right time. If we do everything right then we will get better than expected returns from the investment. Meme coin is one such coin that by investing in the coin you can not expect profit in a short period of time but you have to wait for a long time by investing some amount of money in this coin. You have to wait for a long period of time so that the market grows hundreds of times and when the market grows hundreds of times, if you invest a small amount, that investment will become much larger. However, it is expected that it is possible to become rich by investing in such coins.

Everyone also hopes to get rich quickly in investing, as you said we have to choose the right coin and buy at the right time. Memecoins are very risky, although many people in the past made a lot of profit from memecoins, when Dogecoin soared because of Elon Musk.
Title: Re: Can a meme coin make you rich?
Post by: EthereumDev_ on March 06, 2024, 11:55:58 PM

Everyone also hopes to get rich quickly in investing, as you said we have to choose the right coin and buy at the right time. Memecoins are very risky, although many people in the past made a lot of profit from memecoins, when Dogecoin soared because of Elon Musk.
Investments have very high risks and do not always make you rich straight away. Traders have to go through processes such as holding tokens or coins for years until the price rises to become very expensive and in the end they can get maximum results. Cryptocurrency trading can also cause assets to disappear instantly. You must remain vigilant with the decisions you choose in the world of Cryptocurrency.
Title: Re: Can a meme coin make you rich?
Post by: philipma1957 on March 07, 2024, 02:36:28 AM
I make good money with Doge. Rich not likely. But solid money yes.
Title: Re: Can a meme coin make you rich?
Post by: therozaq on March 07, 2024, 06:20:26 AM

Everyone also hopes to get rich quickly in investing, as you said we have to choose the right coin and buy at the right time. Memecoins are very risky, although many people in the past made a lot of profit from memecoins, when Dogecoin soared because of Elon Musk.
Investments have very high risks and do not always make you rich straight away. Traders have to go through processes such as holding tokens or coins for years until the price rises to become very expensive and in the end they can get maximum results. Cryptocurrency trading can also cause assets to disappear instantly. You must remain vigilant with the decisions you choose in the world of Cryptocurrency.

I see some dimari members suggesting dogecoin, but I haven't seen any good movement. Will there be support from Elon Musk during the bullish season so that there is confidence that Doge will touch the price of $1. I plan to buy memcoin later this week if bitcoin keeps struggling through the weekend.
Title: Re: Can a meme coin make you rich?
Post by: NikeFit_7777 on March 07, 2024, 11:20:07 AM
What about coincidence of getting rich with memecoins investments? But I can also say that if we are not going to gamble into memecoins we also have no chance of getting rich am I correct? If it's difficult to predict when to buy, how much more on what memecoin to buy? Is it okay for us to just jump into a hype or just observe the flow?
Sounds like a one-way trip to me. A banal loss of deposit, there will be no other way out. I equate (in the truest sense of the word) memcoins as a casino. For me personally, it's the same thing. It is unrealistic to get rich in a casino, as in memcoins. + the way prices are manipulated is really a roulette wheel. Either you win (make a little money) or lose everything. There can be no other outcome.

P.S. If you dare to enter, enter at least with a cold head + on 0.1-1% of the total deposit. It is possible to earn on other assets as well. Think three times before buying. It is one thing to accumulate a deposit, and another to drain it on some memcoins.  ;D
Title: Re: Can a meme coin make you rich?
Post by: dwyane36 on March 08, 2024, 02:38:08 AM
Sounds like a one-way trip to me. A banal loss of deposit, there will be no other way out. I equate (in the truest sense of the word) memcoins as a casino. For me personally, it's the same thing. It is unrealistic to get rich in a casino, as in memcoins. + the way prices are manipulated is really a roulette wheel. Either you win (make a little money) or lose everything. There can be no other outcome.

P.S. If you dare to enter, enter at least with a cold head + on 0.1-1% of the total deposit. It is possible to earn on other assets as well. Think three times before buying. It is one thing to accumulate a deposit, and another to drain it on some memcoins.  ;D

I disagree with that. Meme-tokens are certainly high-risk assets, but the chance to get some profit from investing in them is much greater than the chance to win something in any casino. Shib, Floki, Pepe, and other meme-tokens are a good example of this. The main thing is to realize all the risks of investing in meme-tokens and not to be greedy in pursuit of big profits.
Title: Re: Can a meme coin make you rich?
Post by: DAMKAR on March 08, 2024, 07:15:06 AM

I disagree with that. Meme-tokens are certainly high-risk assets, but the chance to get some profit from investing in them is much greater than the chance to win something in any casino. Shib, Floki, Pepe, and other meme-tokens are a good example of this. The main thing is to realize all the risks of investing in meme-tokens and not to be greedy in pursuit of big profits.

All investments are risky, the more you want to get bigger profits, you also have to take bigger risks. Investing in meme coins is very risky, but when it gets hyped you will also get high profits. I only recommend doge and shib.
Title: Re: Can a meme coin make you rich?
Post by: NikeFit_7777 on March 11, 2024, 09:35:42 AM
I disagree with that. Meme-tokens are certainly high-risk assets, but the chance to get some profit from investing in them is much greater than the chance to win something in any casino. Shib, Floki, Pepe, and other meme-tokens are a good example of this. The main thing is to realize all the risks of investing in meme-tokens and not to be greedy in pursuit of big profits.
P.S. I'm not trying to impose my thoughts. Just expressing my point of view. If you disagree, it is your legal right.

Just realize one thing. That meme assets generate income is one thing. Whether you can exit in time (after seeing a large % interest) is another. It all depends on the amount of deposit + expectations. Again, everyone's expectations are different. And when it comes to income (again, it's all individual). For some people 10k$ is nothing, and for some people 50$ is a lot of money. I personally don't buy meme assets, but if you do, do it at 0.5-2% of your entire deposit. It's a casino. If you get greedy, not only will you not make money, you'll lose everything you invested.
Title: Re: Can a meme coin make you rich?
Post by: gunhell16 on March 12, 2024, 08:27:59 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

If you know how to shop for the potential of meme coins, you can really get rich there. But if you only gamble with meme coins, the chances that you will get rich with meme coins are unclear or low; instead, maybe the fact that you will use the investment of meme coins will make the investors rich.

As investors, we should still be smart so that the capital we will use to invest in a meme coin of our choice is not wasted. That's just the way it is, right?
Title: Re: Can a meme coin make you rich?
Post by: Aanuoluwatofunmi on March 14, 2024, 06:22:28 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

If you know how to shop for the potential of meme coins, you can really get rich there. But if you only gamble with meme coins, the chances that you will get rich with meme coins are unclear or low; instead, maybe the fact that you will use the investment of meme coins will make the investors rich.

As investors, we should still be smart so that the capital we will use to invest in a meme coin of our choice is not wasted. That's just the way it is, right?

Thesame way memecoins has the power to make one rich, they cann also perform the opposite of care is not in place, they are mostly characterized by high volatility and their market nature is unpredictable, you can realized that they are rising now and before you know it they are falling already, many have taken advantage in them as they quickly utilize the opportunity for a very short time trade while some stay longer and experience losses, we need to understand the way the market operates before we can get into it.
Title: Re: Can a meme coin make you rich?
Post by: Dr.Bitcoin_Strange on March 14, 2024, 10:20:16 PM
Thesame way memecoins has the power to make one rich, they cann also perform the opposite of care is not in place, they are mostly characterized by high volatility and their market nature is unpredictable, you can realized that they are rising now and before you know it they are falling already, many have taken advantage in them as they quickly utilize the opportunity for a very short time trade while some stay longer and experience losses, we need to understand the way the market operates before we can get into it.


If I remember correctly, dogecoin and Shiba inu were two meme coins that made some investors millionaires and apart from those two coins, some other alt coins have contributed to making some people become rich, that's how reverse have also been the case because some people also lost a whole lot of money to some meme coin and other alt coins too. I advise people to invest only what they can afford to loss and also remain updated to every information of the project, to avoid missing out.
Title: Re: Can a meme coin make you rich?
Post by: alltalk on March 14, 2024, 11:15:16 PM
If I remember correctly, dogecoin and Shiba inu were two meme coins that made some investors millionaires and apart from those two coins, some other alt coins have contributed to making some people become rich, that's how reverse have also been the case because some people also lost a whole lot of money to some meme coin and other alt coins too. I advise people to invest only what they can afford to loss and also remain updated to every information of the project, to avoid missing out.
Those people who can be rich with meme coins, they are experienced investors only. I'm not sure that many average investors could be rich with meme coins. Many of them even lost their money on meme coins. Dogecoin and Shiba Inu were 2 meme coins which could increased massively. However, it doesn't mean all people can take profits. Some people bought the meme coins at the wrong time, then they only wasted their money.

Yep. We must always use the money that we afford to lose for crypto investment.

Title: Re: Can a meme coin make you rich?
Post by: CryptoTalisman on March 17, 2024, 02:41:03 AM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
I think BTC has reached its peak again for this year 2024 and you could see the price action over the last one week. Many people are already taking out profits hence attention is given to memecoin ATM. I think those people always saying memecoin will drop to zero are still newbies and follow old trend. DOGE and FLOKI has been around for years and their mcap is far beyond most of the popular altcoins. SHIB, PEPE, BONK amongst many others also continues to soar in mcap solidifying the meme ecosystem. I believe you can easily get rich/rekt with memecoins especially new and emerging one because not all of them are created with good intentions but that depends on how you DYOR. I have a friend that got over $100k from the newly and trending memecoin $BOME by investing less than $3k during the pre-sale. I also managed to get $500 by investing $100 upon its listing on Bitget so I agree completely that memecoin can make someone rich overnight but their is also risk of losing it all.
Title: Re: Can a meme coin make you rich?
Post by: pacar_tiri on March 17, 2024, 07:26:30 PM
Those people who can be rich with meme coins, they are experienced investors only. I'm not sure that many average investors could be rich with meme coins. Many of them even lost their money on meme coins. Dogecoin and Shiba Inu were 2 meme coins which could increased massively. However, it doesn't mean all people can take profits. Some people bought the meme coins at the wrong time, then they only wasted their money.

Yep. We must always use the money that we afford to lose for crypto investment.
Those who dare to take risks and continue to enter meme coin are people who have a lot of money and are not afraid of being trapped at high prices, a trader's mentality must be created like that, not afraid because when trading in the right way even though it is meme coin then the assets will remain there and will not be lost.
Title: Re: Can a meme coin make you rich?
Post by: Thyplaymaker on March 17, 2024, 07:42:04 PM
Well to me holding some memes coin, ain't safe because whenever most of them Experience a dip the chances of most time bouncing back is pretty low , but have heard alot of stories are memes coin have changed alot of people lives. Like shiba inu, Pepe and the others. Shiba inu is one of the memes coin that have risen with the highest percentage that even  someone that invested amount as small as $2 endup being a million dollars richer, so I would say yes memes can make someone rich , if the individual was lucky enough to invest on the right one. But as same it can also take you from rich to poor if one endup entry a wrong memes coin .
Title: Re: Can a meme coin make you rich?
Post by: elbans89 on March 18, 2024, 02:28:55 PM
Well to me holding some memes coin, ain't safe because whenever most of them Experience a dip the chances of most time bouncing back is pretty low , but have heard alot of stories are memes coin have changed alot of people lives. Like shiba inu, Pepe and the others. Shiba inu is one of the memes coin that have risen with the highest percentage that even  someone that invested amount as small as $2 endup being a million dollars richer, so I would say yes memes can make someone rich , if the individual was lucky enough to invest on the right one. But as same it can also take you from rich to poor if one endup entry a wrong memes coin .

The risk of meme coins is quite big, even though there are those who are lucky enough to get into the right meme coin and get quite big profits, there are also many who lose quite a lot because of this meme coin. Because analyzing meme coins is quite difficult, I have succeeded in making profits but I have also failed and suffered losses.
Title: Re: Can a meme coin make you rich?
Post by: bitterguy28 on March 19, 2024, 11:05:41 AM
Thesame way memecoins has the power to make one rich, they cann also perform the opposite of care is not in place, they are mostly characterized by high volatility and their market nature is unpredictable, you can realized that they are rising now and before you know it they are falling already, many have taken advantage in them as they quickly utilize the opportunity for a very short time trade while some stay longer and experience losses, we need to understand the way the market operates before we can get into it.


If I remember correctly, dogecoin and Shiba inu were two meme coins that made some investors millionaires and apart from those two coins, some other alt coins have contributed to making some people become rich, that's how reverse have also been the case because some people also lost a whole lot of money to some meme coin and other alt coins too. I advise people to invest only what they can afford to loss and also remain updated to every information of the project, to avoid missing out.
Every coins can make investors millionaire because even scam projects can
 give you a million but also those who enters first is whom the winners .
but majority will lose and only few to become rich, and like you said Dogecoin and SHiba Inu? Dogecoin have made many to be a millionaires because that is how it works the longer in the market is the more they can provide rich people.
Title: Re: Can a meme coin make you rich?
Post by: Gurujebs on March 19, 2024, 01:38:18 PM
The risk of meme coins is quite big, even though there are those who are lucky enough to get into the right meme coin and get quite big profits, there are also many who lose quite a lot because of this meme coin. Because analyzing meme coins is quite difficult, I have succeeded in making profits but I have also failed and suffered losses.

People don't know that meme coins that give them that huge profits can also give them loss, it's like they forget the bear market so easily and fast that it's hard for them to decode how the crypto market works. It's even funny how people shill Solana some days ago to become the next meme coin blockchain because coins like Bome and others pumped heavily, Solana became the next hot cake.

The truth is that any coin can make you money in crypto but while doing it, make sure that you are investing with the money you can afford to lose and learn to diversify your investment so that you don't depend on one coin alone, there is going to be one that will blow your mind later.
Title: Re: Can a meme coin make you rich?
Post by: EluguHcman on March 19, 2024, 05:18:14 PM
It is not just because the MemeCoins has bigger profits that makes Investors investing little amounts there in Memecoins  but it is because Memecoins is flexible to offer lost of funds overnight so investors chooses to invest with what is affordable to loose just like staking wisely and responsibly in the gamble.

And of course yes, the memecoins has the potentials to get investors rich but the Possibilities is like a 50/50 because it can be up rised for a short period of time but befalls in a longer period and if investors are unlucky the memecoin depending on where you investors can just vanish and your invested funds are never retrievable at all. So this Memecoins requires a steady track in the market cap so you could have views of your asset values fluctuating and decide if you would have to sell out or keep holding but is is very much risky to keep holding memecoins for too long due to the highily weak volatility.
Title: Re: Can a meme coin make you rich?
Post by: therozaq on March 19, 2024, 05:41:56 PM
It is not just because the MemeCoins has bigger profits that makes Investors investing little amounts there in Memecoins  but it is because Memecoins is flexible to offer lost of funds overnight so investors chooses to invest with what is affordable to loose just like staking wisely and responsibly in the gamble.

And of course yes, the memecoins has the potentials to get investors rich but the Possibilities is like a 50/50 because it can be up rised for a short period of time but befalls in a longer period and if investors are unlucky the memecoin depending on where you investors can just vanish and your invested funds are never retrievable at all. So this Memecoins requires a steady track in the market cap so you could have views of your asset values fluctuating and decide if you would have to sell out or keep holding but is is very much risky to keep holding memecoins for too long due to the highily weak volatility.

In my opinion, it is too risky to hold meme coins for a long time, if you feel you have made a profit, you should sell them immediately. Because meme coin is only suitable for short-term investment, although some friends hold it for a long time, but I won't do it. I prefer top coin coins to hold long term, That makes more sense.
Title: Re: Can a meme coin make you rich?
Post by: Rubel007 on March 19, 2024, 06:36:59 PM
Thesame way memecoins has the power to make one rich, they cann also perform the opposite of care is not in place, they are mostly characterized by high volatility and their market nature is unpredictable, you can realized that they are rising now and before you know it they are falling already, many have taken advantage in them as they quickly utilize the opportunity for a very short time trade while some stay longer and experience losses, we need to understand the way the market operates before we can get into it.


If I remember correctly, dogecoin and Shiba inu were two meme coins that made some investors millionaires and apart from those two coins, some other alt coins have contributed to making some people become rich, that's how reverse have also been the case because some people also lost a whole lot of money to some meme coin and other alt coins too. I advise people to invest only what they can afford to loss and also remain updated to every information of the project, to avoid missing out.
Every coins can make investors millionaire because even scam projects can
 give you a million but also those who enters first is whom the winners .
but majority will lose and only few to become rich, and like you said Dogecoin and SHiba Inu? Dogecoin have made many to be a millionaires because that is how it works the longer in the market is the more they can provide rich people.
Meme Coin has made many investors rich as well as poor. Earlier it was possible to get rich by investing in such coins but it is not possible anymore. Because new meme coins are constantly being added to the market. Investors are now confused which coin they should trust. Who are making money from investments they try to divert and investing elsewhere. If luck is good then many people can be profitable investing in meme coin. But in this case I can trust the top class meme coins. Doge coins are the oldest of the meme coins. So investing should be done in these coins otherwise there is a chance of losing.
Title: Re: Can a meme coin make you rich?
Post by: LogitechMouse on March 19, 2024, 08:15:37 PM
It is not just because the MemeCoins has bigger profits that makes Investors investing little amounts there in Memecoins  but it is because Memecoins is flexible to offer lost of funds overnight so investors chooses to invest with what is affordable to loose just like staking wisely and responsibly in the gamble.

And of course yes, the memecoins has the potentials to get investors rich but the Possibilities is like a 50/50 because it can be up rised for a short period of time but befalls in a longer period and if investors are unlucky the memecoin depending on where you investors can just vanish and your invested funds are never retrievable at all. So this Memecoins requires a steady track in the market cap so you could have views of your asset values fluctuating and decide if you would have to sell out or keep holding but is is very much risky to keep holding memecoins for too long due to the highily weak volatility.

In my opinion, it is too risky to hold meme coins for a long time, if you feel you have made a profit, you should sell them immediately. Because meme coin is only suitable for short-term investment, although some friends hold it for a long time, but I won't do it. I prefer top coin coins to hold long term, That makes more sense.
Tell this to "DOGECOIN MILLIONAIRE". :P
He's been holding a bag of DOGE for more than 4 years already, and when there's an opportunity for him to sell during the bull market in 2021, he didn't sell and got some criticisms because of that decision. Now fast forward to 2024, he's already tripled his investment, and we aren't even in the bull market yet. He bought DOGE at $0.04-$0.05 I think.

Anyway, the term "holding meme coin for a long time" is kind of subjective IMO because at the end of the day, it will depend on which coins you are holding. If you will buy those low market cap meme coins then the chances of you losing money in the long run would be high compared to when you are buying those meme coins that has a high market cap like DOGE, SHIB, etc. As for me, meme coins in general isn't a coin that I would hold for mid to long term. Short term maybe (like flipping), but who knows. I might do what the DOGECOIN MILLIONAIRE did. :D Buying DOGE, and just hold it for more than 3 years.
Title: Re: Can a meme coin make you rich?
Post by: examplens on March 19, 2024, 11:11:15 PM
Tell this to "DOGECOIN MILLIONAIRE". :P
He's been holding a bag of DOGE for more than 4 years already, and when there's an opportunity for him to sell during the bull market in 2021, he didn't sell and got some criticisms because of that decision. Now fast forward to 2024, he's already tripled his investment, and we aren't even in the bull market yet. He bought DOGE at $0.04-$0.05 I think.

Anyway, the term "holding meme coin for a long time" is kind of subjective IMO because at the end of the day, it will depend on which coins you are holding. If you will buy those low market cap meme coins then the chances of you losing money in the long run would be high compared to when you are buying those meme coins that has a high market cap like DOGE, SHIB, etc. As for me, meme coins in general isn't a coin that I would hold for mid to long term. Short term maybe (like flipping), but who knows. I might do what the DOGECOIN MILLIONAIRE did. :D Buying DOGE, and just hold it for more than 3 years.

It's not quite as simple as it looks.
I bought a very cheap Dogecoin, I think it was around 20 satoshi's and when it suddenly made an ATH at 150-160 sat's, I sold it. I honestly didn't expect it to go further and reach $0.7 (if I'm not mistaken)
I think few people expected such a jump, from a coin that was quite dead before that. I think that large holders, who probably cashed out at +100%
Title: Re: Can a meme coin make you rich?
Post by: Rex067 on March 20, 2024, 07:43:17 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
Yes it's possible for you to get rich but no guarantee. Meme coins are dogecoin and Shiba Inu, this coin has made many persons rich, but not always. The value of the coin is not driven by hype and speculation.
Title: Re: Can a meme coin make you rich?
Post by: ScamViruS on March 20, 2024, 08:39:50 PM
Yes it's possible for you to get rich but no guarantee. Meme coins are dogecoin and Shiba Inu, this coin has made many persons rich, but not always. The value of the coin is not driven by hype and speculation.
Just as memecoin has made many rich, it has exposed many memecoin investors to huge losses. Memecoin pump dumps the market depending entirely on hype. After the hype of memecoin is created in the market many memecoins are coming in the market most of which are rugpulling the investors and running away with huge amount of money. Dogecoin and shiba inu have now established a position in the market as memecoins that can be considered for investment. Memecoin is always a risky investment so you should think carefully before investing in these coins to avoid huge losses.
Title: Re: Can a meme coin make you rich?
Post by: Aanuoluwatofunmi on March 21, 2024, 03:02:16 PM
Anything that comes with an opportunity of people making money from it also have its corresponding risk attached, this is what many investors don't try to get along and understand, if we are going for a memecoin, we need to make some certain research about it and know as well the risk in doing such, memecoins have made many people turned rich and same way some have lost a lot through this same means, we cant blame the investment they made because some of the investors also know less about cryptocurrencies and memes.
Title: Re: Can a meme coin make you rich?
Post by: Alston Liu on March 22, 2024, 10:43:14 AM
I feel like meme coin is too dramatic. I am talking about how crazy the price could be within a short period of time. And also a lot of hype on social media you know. People always say this is the one, how reliable the project is. But most likely people will be ripped off cause the whole thing is planned out to get all the funds and once they reach their goal they can pull back immediately. Left all these "believers" behind. I am not saying meme coins can't make people rich cause that is literally the selling point of meme coins in my opinion. I am saying that though there are some solid coins I don't think most people have the correct mindset and risk management plan to grasp the opportunity in pretty much a second.
Title: Re: Can a meme coin make you rich?
Post by: dekafee79 on March 22, 2024, 01:10:38 PM
Anything that comes with an opportunity of people making money from it also have its corresponding risk attached, this is what many investors don't try to get along and understand, if we are going for a memecoin, we need to make some certain research about it and know as well the risk in doing such, memecoins have made many people turned rich and same way some have lost a lot through this same means, we cant blame the investment they made because some of the investors also know less about cryptocurrencies and memes.

Actually, Mem Coin also has great potential for long-term investment if we buy and sell at the right time. However, most people buy because of FOMO, not from correct analysis, so they experience huge losses. It's not easy to predict meme coins, because whale movements are difficult to predict
Title: Re: Can a meme coin make you rich?
Post by: doc on March 22, 2024, 07:45:28 PM
Anything that comes with an opportunity of people making money from it also have its corresponding risk attached, this is what many investors don't try to get along and understand, if we are going for a memecoin, we need to make some certain research about it and know as well the risk in doing such, memecoins have made many people turned rich and same way some have lost a lot through this same means, we cant blame the investment they made because some of the investors also know less about cryptocurrencies and memes.

Actually, Mem Coin also has great potential for long-term investment if we buy and sell at the right time. However, most people buy because of FOMO, not from correct analysis, so they experience huge losses. It's not easy to predict meme coins, because whale movements are difficult to predict

It's best to avoid investing in meme coins if we don't have the right analysis and prediction skills, because coins that need hype to rise are more difficult to predict. Many people suggest that it is better to buy top coins from meme coins, invest in coins that have clear projects and are needed in the crypto world, not just meme coins
Title: Re: Can a meme coin make you rich?
Post by: R100K-Martin-Lunger on March 22, 2024, 08:04:45 PM
Memecoins are only suitable for short-term trading. But there’s a lot of inherent risk involved. I’d recommend only dabbling in meme coins if you can afford to lose your investment because things can go either way. You should also have a strong grasp of market insights because a mem coin’s price can skyrocket through celebrity endorsements and social media mentions. But it can also fall that quickly. So it’s always a gamble.
Title: Re: Can a meme coin make you rich?
Post by: DAMKAR on March 22, 2024, 08:37:20 PM
Memecoins are only suitable for short-term trading. But there’s a lot of inherent risk involved. I’d recommend only dabbling in meme coins if you can afford to lose your investment because things can go either way. You should also have a strong grasp of market insights because a mem coin’s price can skyrocket through celebrity endorsements and social media mentions. But it can also fall that quickly. So it’s always a gamble.

Like my previous comments, I agree that meme coins are only suitable for short-term investments. We've seen dogecoin in the past experience a boost due to support from Elon Musk, but do we always expect a famous person to popularize our meme coin. recommends that we buy coins that are clearly safe such as bitcoin ethereum BNB and solana, rather than buying meme coins that are too risky.
Title: Re: Can a meme coin make you rich?
Post by: Wiseman on March 23, 2024, 07:51:08 AM
Any meme coin can make you rich, because it is a coin for entertainment and for the sake of entertainment, they can pump it by several tens of thousands of percent, but this does not mean that you have to buy all the meme coins and wait for them to grow) here, for the most part, it’s like a lottery, for whom if we get lucky .
Title: Re: Can a meme coin make you rich?
Post by: Google+ on March 23, 2024, 10:37:19 AM
Any meme coin can make you rich, because it is a coin for entertainment and for the sake of entertainment, they can pump it by several tens of thousands of percent, but this does not mean that you have to buy all the meme coins and wait for them to grow) here, for the most part, it’s like a lottery, for whom if we get lucky .
Not all meme coins have the potential to make you rich, only a few meme coins and even those coins don't have a guarantee that can be held, meaning, everything is just a possibility and when you get into meme coins you are facing a very big risk. high where all your assets can decrease in value, but as you mentioned if you get lucky then you can become very rich from meme coins.
Title: Re: Can a meme coin make you rich?
Post by: Wiseman on March 24, 2024, 08:11:05 AM
Any meme coin can make you rich, because it is a coin for entertainment and for the sake of entertainment, they can pump it by several tens of thousands of percent, but this does not mean that you have to buy all the meme coins and wait for them to grow) here, for the most part, it’s like a lottery, for whom if we get lucky .
Not all meme coins have the potential to make you rich, only a few meme coins and even those coins don't have a guarantee that can be held, meaning, everything is just a possibility and when you get into meme coins you are facing a very big risk. high where all your assets can decrease in value, but as you mentioned if you get lucky then you can become very rich from meme coins.

This is a lottery and you need to understand this, in meme coins the graph is also readable, but not like on a regular cryptocurrency, but in a different way, but for the most part it is a lottery and you can’t argue with that, you can also win in the lottery, but here the chances of winning are much greater, plus meme tokens very popular among traders because of their strong volatility.
Title: Re: Can a meme coin make you rich?
Post by: ajiz138 on March 24, 2024, 05:50:52 PM
Any meme coin can make you rich, because it is a coin for entertainment and for the sake of entertainment, they can pump it by several tens of thousands of percent, but this does not mean that you have to buy all the meme coins and wait for them to grow) here, for the most part, it’s like a lottery, for whom if we get lucky .
Not all meme coins have the potential to make you rich, only a few meme coins and even those coins don't have a guarantee that can be held, meaning, everything is just a possibility and when you get into meme coins you are facing a very big risk. high where all your assets can decrease in value, but as you mentioned if you get lucky then you can become very rich from meme coins.
Yes, you are right, of the hundreds or even thousands of meme coins that exist, only a few have great potential and I'm not sure whether that number is more than 10% or not. Indeed, when we are on the right memecoin, we have the potential to have many times the profits, but the problem is that it is very difficult to find a memecoin like that.

We just hope for luck when investing in meme coins, because once again it is very difficult to find a meme coin that will become hype or have great potential.
Title: Re: Can a meme coin make you rich?
Post by: IvugeoEvolutionCoin on March 24, 2024, 06:43:49 PM
Not all meme coins have the potential to make you rich, only a few meme coins and even those coins don't have a guarantee that can be held, meaning, everything is just a possibility and when you get into meme coins you are facing a very big risk. high where all your assets can decrease in value, but as you mentioned if you get lucky then you can become very rich from meme coins.
Meme coin is like gambling because you cannot be sure when the movement will occur, therefore I prefer not to invest too much in meme coin because it is very risky. I prefer to buy coins that are in the top five positions on coinmarketcap to minimize risk.
Title: Re: Can a meme coin make you rich?
Post by: Legion on March 26, 2024, 08:27:18 AM
Meme coin is like gambling because you cannot be sure when the movement will occur, therefore I prefer not to invest too much in meme coin because it is very risky. I prefer to buy coins that are in the top five positions on coinmarketcap to minimize risk.
Well, maybe many people have different opinions about meme coins, but what you need to pay attention to is that meme coins still have a very high risk for trading. It's better to be careful and don't concentrate all the balance you have on just one coin.
Title: Re: Can a meme coin make you rich?
Post by: SunflowerBaby on March 27, 2024, 03:12:20 PM
Actually yes, I can say that a meme coin can actually make someone rich. You just need to choose wisely since mostly of the meme coins are scam. But when you choose the right one, theeen it's gonna be a blast  :)
Title: Re: Can a meme coin make you rich?
Post by: bitbit97 on March 27, 2024, 03:21:27 PM
Actually yes, I can say that a meme coin can actually make someone rich. You just need to choose wisely since mostly of the meme coins are scam. But when you choose the right one, theeen it's gonna be a blast  :)

I disagree. Choosing wisely wont help. Like it was mentioned above - meme coins are like gambling. You never can tell what meme coin is going to get pumped or will skyrocket today. You can do gather all the best scientists, experts, analytics in one room, and they wont tell you which meme coins is going to make you rich. Meme coins can make people rich, but not someone. If it was that simple as you say, we all would be billionaires. I even believe that winning in a lottery is easier than select a right meme coin to buy on early stage.
Title: Re: Can a meme coin make you rich?
Post by: ScamViruS on March 27, 2024, 09:17:26 PM
Actually yes, I can say that a meme coin can actually make someone rich. You just need to choose wisely since mostly of the meme coins are scam. But when you choose the right one, theeen it's gonna be a blast  :)
It's true that memecoin can make someone rich, but it's not as easy a game as you say. Many crypto investors have lost everything in their get-rich-quick addiction with Memecoin, as they risked losing their money by investing in many scam coins trying to catch the next big memecoin. If it were an easy game, most crypto investors would have become hugely wealthy trading memecoin. Someone you know was lucky enough to catch that memecoin at the right time and that coin made him rich but not everyone is so lucky.
Title: Re: Can a meme coin make you rich?
Post by: Trisha Rola on March 28, 2024, 01:02:42 PM
Investing in meme coin can lead to significant gains, but it is also risky.
Some people have made a lot of money, but other's have lost.
It's essential to be cautious and only invest what you can afford to lose. :D
Title: Re: Can a meme coin make you rich?
Post by: MCcabe Rory on March 29, 2024, 05:18:13 PM
Investing in meme coin can lead to significant gains, but it is also risky.
Some people have made a lot of money, but other's have lost.
It's essential to be cautious and only invest what you can afford to lose. :D

High risk, high rewards mate.. the key is getting in early, that's what I try to do..rn I got into this when I saw it trading and I'm almost x2 up.. it's a cat meme on Solana chain making waves..
(https://i.ibb.co/mb0Tvh9/IMG-20240328-163759.png) (https://ibb.co/BcG34Ty)(https://i.ibb.co/Ntw2d7Y/1711729024381.png) (https://ibb.co/n6hMNRk)
Title: Re: Can a meme coin make you rich?
Post by: debra on March 29, 2024, 11:33:29 PM
Investing in meme coin can lead to significant gains, but it is also risky.
Some people have made a lot of money, but other's have lost.
It's essential to be cautious and only invest what you can afford to lose. :D
It can gain big profits but it can lead to severe losses.
I suggest we only use small money for meme coin investment because meme coins are really high risk. This type of coins mostly rely on the hype only, it will be for a short time. So, just take the advantage as long as it is hype. We must stop and exit whenever the hype looks to be over soon.

Title: Re: Can a meme coin make you rich?
Post by: dekafee79 on March 30, 2024, 03:55:42 AM
Investing in meme coin can lead to significant gains, but it is also risky.
Some people have made a lot of money, but other's have lost.
It's essential to be cautious and only invest what you can afford to lose. :D
It can gain big profits but it can lead to severe losses.
I suggest we only use small money for meme coin investment because meme coins are really high risk. This type of coins mostly rely on the hype only, it will be for a short time. So, just take the advantage as long as it is hype. We must stop and exit whenever the hype looks to be over soon.

That's right, the hype from meme coins usually lasts a short time. So we have to be precise when entering, don't get trapped in high prices, because it's hard to go up again if the hype is over. Memecoin has huge profit opportunities, but the risks are also huge.
Title: Re: Can a meme coin make you rich?
Post by: Rubel007 on March 30, 2024, 08:04:43 AM
Investing in meme coin can lead to significant gains, but it is also risky.
Some people have made a lot of money, but other's have lost.
It's essential to be cautious and only invest what you can afford to lose. :D
Through risky investments, either some investors will gain more and there are some investors who will lose. How much risk an investor will accept for his investment will depend on the investor. At present, meme coins have taken such an aggressive shape that they have become more expensive than the tokens of some good projects. Such high prices can expose investors to large losses at any time. Investments cannot be profitable without taking risks, but investors must invest money they can afford to lose. The price of dogwifhat token is increasing significantly in the current market. Which is a breakthrough price improvement for meme coins.
Title: Re: Can a meme coin make you rich?
Post by: Celsius on March 30, 2024, 02:38:11 PM
Cryptocurrencies can bring radical changes in anyone's life at any time.  Especially this year many have become millionaires and billionaires by trading and investing in cryptocurrency holdings.  Shiba Inu, Pepe meme Coin, Dog wif hat, BOME, Clestia etc. coins have become billionaires and millionaires by investing.  So I believe many people can become millionaires by investing in virtual currency.
Title: Re: Can a meme coin make you rich?
Post by: legend45 on March 30, 2024, 07:27:03 PM
Cryptocurrencies can bring radical changes in anyone's life at any time.  Especially this year many have become millionaires and billionaires by trading and investing in cryptocurrency holdings.  Shiba Inu, Pepe meme Coin, Dog wif hat, BOME, Clestia etc. coins have become billionaires and millionaires by investing.  So I believe many people can become millionaires by investing in virtual currency.
I also heard that many people have benefited from meme coins. The coins you mentioned such as Shiba Inu, Pepe meme Coin, Dog wif hat, BOME, Clestia really have the potential to be held in the short term. It's just that I was late in buying, so this year I didn't invest in meme coins.
Title: Re: Can a meme coin make you rich?
Post by: Z-tight on March 30, 2024, 08:02:38 PM
Be careful with how you expect crypto to make you rich, so many people have lost all their money because they expected unrealistic returns in crypto. I do not buy memecoins because i do not see them as being useful, it is just pump and dump in my honest opinion, but mant people have been lucky with them and have made good money, but it does not mean you are going to be lucky too.
Title: Re: Can a meme coin make you rich?
Post by: Mr. Magkaisa on March 31, 2024, 07:25:24 PM
Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

             -   If you make meme coins yourself and list them on the Dex platform, you will surely get rich just a few hours after they are listed on the platform.
Now, if you are the investor who buys meme coins, it's like you're bulging the eye of a big fish; you only bought a small one, but the fish that will hit is big. That is, if you hit a big fish.

In short, it's still a 50/50 chance if you really hit the jackpot with meme coins. Because you will have to do a lot of research to see if it's worth it and if it really has potential, you can't just be hyped.