Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: RidwanMalik on January 25, 2024, 11:46:41 AM
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
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Investing long term in memecoin is not a good idea. People sometimes call memecoins as shitcoins because of the fact that these kind of cryptocurrency has no promises and they just only depends its price through hype. So if you are going to invest in long term with these tokens you're probably losing some of your money. However, there are memecoins with a low volatility because a lot of investors are investing in it just like Doge, Inu, and Pepe the price went up multiple times it's price, but what happened now? The price decreases but it's still on top. In my opinion, having invested with a memecoins like this has a very low chance it's only best to invest in them short term. If you want long term, go with legit and promising coins such as Solana, Eth, and Bitcoins.
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
The majority of meme coins right now in the crypto space are too high-risk. But there are a few meme coins that I can say can give us a good profit in the future when we get a good opportunity with the possibility that their price will spike in the market.
And I think that this Babydragon that you are talking about, dude because it looks like this is the first time that it will face the bull run and halving of Bitcoin, so I think that I will also buy it and hold it until the bull season comes, then the wif. I just got a glimpse of it now, and it's a pity I didn't buy it last December last year when it was around 0.001$ something and its price value jumped a lot in the market. Though right now I have Pepe, Shib, Floki, Bonk, and Babydoge.
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I haven't heard of these two memecoins before. Lots of memcoins coming on daily basis. it is a bit difficult to keep up with all of them.
I just tried to look them up in Coinmarketcap. apparently there are 3 memecoins listed named BabyDragon, and all of them are worthless. and $WIF while have higher price. their website didn't impress me.
I think I need to look them in more deeply to understand them. will try to do that later if got enough time.
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I haven't heard of these two memecoins before. Lots of memcoins coming on daily basis. it is a bit difficult to keep up with all of them.
I just tried to look them up in Coinmarketcap. apparently there are 3 memecoins listed named BabyDragon, and all of them are worthless. and $WIF while have higher price. their website didn't impress me.
I think I need to look them in more deeply to understand them. will try to do that later if got enough time.
Currently, there are many new memecoins being created, and this all describes the current condition of trending memes, but this is all just FOMO because memecoins will not always last because cryptocurrency will have a price when it has a product that is useful for people, so it will increase the use of the cryptocurrency and will provide a high exchange rate because there is increasing demand. Meanwhile, memecoin is just a token that is used for fun, so you should remain alert when you want to enter memecoin.
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
I never thought I'd actually invest in memecoin. Memecoin was born for the purpose of fun so I just consider them fun games, $10 or $20 is enough to buy 1 lottery ticket for the purpose of having fun with memecoin. I had a little profit with SHIB in 2021 but I never thought I should entrust the fate of my account to memecoin. I will always choose BTC and top altcoins to get sustainable profits.
Of course, I congratulate the investors who have made great profits from memecoin, many have become millionaires and helped the community become more optimistic about the crypto market development.
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I haven't heard of these two memecoins before. Lots of memcoins coming on daily basis. it is a bit difficult to keep up with all of them.
I just tried to look them up in Coinmarketcap. apparently there are 3 memecoins listed named BabyDragon, and all of them are worthless. and $WIF while have higher price. their website didn't impress me.
I think I need to look them in more deeply to understand them. will try to do that later if got enough time.
WIF is a Solana memecoin, while Babydragon is on BSC chain. I use Bitget memezone to keep up with latest memecoin that are making waves.
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If you get the opportunity to invest in meme coins from an early stage, you can hold them for some time to come and sell them when the coin price is high enough. Don't hold onto meme coins in the long term because meme coins are very volatile and highly dependent on market speculation. So holding it for a long period of time can pose a high risk to investors. But if you are ready for the risk, you can invest in meme coin in the long term and hold it in your wallet and consider it as your bet to make a profit.
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So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
Meme coins? Nah I'm not doing any research on it.
I'm not spending too much time on meme coins because, at the end of the day, the chances of them being scam coins are very high especially those coins that have a very low market cap.
I'm not a hater of meme coins, and I always believe that they can change your life if you're lucky. It's just that, many investors are losing their money investing in these types of coins thus, I don't want to risk too much money investing in it. I bought some meme coins in the past, but I didn't hold them for more than a month. Some are just for short-term trades, and some are for experimental purposes.
Just be sure that you're ready OP just in case things go south, and you lose your money investing into these memecoin shitcoins. :D
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
The majority of meme coins right now in the crypto space are too high-risk. But there are a few meme coins that I can say can give us a good profit in the future when we get a good opportunity with the possibility that their price will spike in the market.
And I think that this Babydragon that you are talking about, dude because it looks like this is the first time that it will face the bull run and halving of Bitcoin, so I think that I will also buy it and hold it until the bull season comes, then the wif. I just got a glimpse of it now, and it's a pity I didn't buy it last December last year when it was around 0.001$ something and its price value jumped a lot in the market. Though right now I have Pepe, Shib, Floki, Bonk, and Babydoge.
I totally agree that memecoins are high-risk, but with the right timing and a good dose of research, they can offer some seriously explosive gains.
And for BABYDRAGON, it's still early days for this little dragon, but the Bitget listing is a huge catalyst, and the community is even hyped. You know, I can definitely see more exchanges following suit, which could send the price soaring once the bull run kicks in.
Look at the charts tho!
(https://i.imgur.com/dyDhus0.png)
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
The majority of meme coins right now in the crypto space are too high-risk. But there are a few meme coins that I can say can give us a good profit in the future when we get a good opportunity with the possibility that their price will spike in the market.
And I think that this Babydragon that you are talking about, dude because it looks like this is the first time that it will face the bull run and halving of Bitcoin, so I think that I will also buy it and hold it until the bull season comes, then the wif. I just got a glimpse of it now, and it's a pity I didn't buy it last December last year when it was around 0.001$ something and its price value jumped a lot in the market. Though right now I have Pepe, Shib, Floki, Bonk, and Babydoge.
I totally agree that memecoins are high-risk, but with the right timing and a good dose of research, they can offer some seriously explosive gains.
And for BABYDRAGON, it's still early days for this little dragon, but the Bitget listing is a huge catalyst, and the community is even hyped. You know, I can definitely see more exchanges following suit, which could send the price soaring once the bull run kicks in.
Look at the charts tho!
(https://i.imgur.com/dyDhus0.png)
- Speaking, if I look at this baby dragon and the exchanges it belongs to where it is listed, I can't say that the ones mentioned are not included in the top exchange. And the total number of their traders is also not small.
This means that these meme coins also have potential, and the hyped ones are part of the coins, whether they are meme coins or altcoins. It is not possible for every crypto to not have a hype method used because this is part of the marketing strategy. to attract investors or traders.
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In early trend of memes I made huge profit by investing low kn doge,safemoon,safemars and some others (I don't remembered those names). In safemoon and Safemars I made 20x and almost 2x in dogecoin. I think for short term new coins and meme coins are high profitable with high risk.
Today one another good project Jupiter have launched their token $wen on the Solona network. The meme trend especially in Solona network is so good and I prepared stable coin to buy immediately after launch but due to some reason I missed. As per my prediction the token price pumped 30% after 10 minutes. Now I am looking for such opportunity to get short term profit.
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I was once investing in meme coins namely Doge, Shiba Inu, PEPE and other popular one but I end up being liquidated due to the pump and dump thing. You should not give your full trust in these coins it might get you out of the game if something isn't doing right.
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I was once investing in meme coins namely Doge, Shiba Inu, PEPE and other popular one but I end up being liquidated due to the pump and dump thing. You should not give your full trust in these coins it might get you out of the game if something isn't doing right.
Good advice mate, I think we shouldn't trust in meme coins, although it's very popular such as dogecoin and shib.
Meme coins didn't have good project and fundamental.
It's just FOMO and many people bought meme coins cause of hype.
better to invest in potential coins which have a good project such as bitcoin , Ethereum, BNB, Solana, Polkadot, LINK etc.
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Sometimes I quite applaud most of the people who work in the world of meme coins. Because they really can and are capable of doing it very well. able to learn it and follow the flow of these meme coins. So many of them are successful in making huge profits from meme coins.
but of course this will not suit all of us. because this is indeed high risk and there is no guarantee that we will continue to get profits from here. So, if we don't understand how to do it well, then just stop, lest we lose our money.
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There are more memecoins that keep emerging from new projects and this is becoming like an invasion of memecoins.
I had a few, and it just became rubbish in the end.
Some I actually bought at launch and some I got from airdrops.
Even all memecoin networks remain popular, and the Solana chain has become a memecoin hype these days.
Memecoin is just a shitcoin that will not have any development in the end, this also depends on the developer.
There are several memecoins that continue to have good development and make them as memecoins that have utility so that they are not only impressed as junk coins.
But there are also those who are only left behind by developers and only take advantage of them.
Be really thorough and choose a profitable memecoin, do your research and get out early if you are already profitable.
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Memecoin is just a shitcoin that will not have any development in the end, this also depends on the developer.
There are several memecoins that continue to have good development and make them as memecoins that have utility so that they are not only impressed as junk coins.
Agree. Although those meme coins are popular but most of them are shit coins only. The developer may keep continue to promote them and get many partnership with other projects. But since the meme coins have no good fundamentals, the future of them will be always unclear. Yes, they are junk coins, that's why it is not recommended to invest in them.
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Memecoin is just a shitcoin that will not have any development in the end, this also depends on the developer.
There are several memecoins that continue to have good development and make them as memecoins that have utility so that they are not only impressed as junk coins.
Agree. Although those meme coins are popular but most of them are shit coins only. The developer may keep continue to promote them and get many partnership with other projects. But since the meme coins have no good fundamentals, the future of them will be always unclear. Yes, they are junk coins, that's why it is not recommended to invest in them.
meme coin is just for fun, and most likely meme coin is also used for money laundering by whales because, as you said, meme coin does not have good fundamentals, so it is not suitable as a place for investment or whatever. Meme coin will only provide temporary profits, and there is a high risk of trading in that product.
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Sometimes I quite applaud most of the people who work in the world of meme coins. Because they really can and are capable of doing it very well. able to learn it and follow the flow of these meme coins. So many of them are successful in making huge profits from meme coins.
but of course this will not suit all of us. because this is indeed high risk and there is no guarantee that we will continue to get profits from here. So, if we don't understand how to do it well, then just stop, lest we lose our money.
Meme coins are more risky but also more profitable if we buy at the right time.
Usually meme coin will hype, So if we want to invest in meme coin we should always update the event.
Honestly, I didn't follow this moments.
I didn't have time to do.
So, I choose top coins in my investment.
BNB and Solana are my favourite coins.
I ever gained profit from doge coin at the last, but I didn't want to try again.
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To be honest hitting the right and legit memes coin (shit coin) can be really profitable I have heard of alot of story on how some memes coins change alot of people lives for the better. I've made some research concerning such coins and due to their very high volatility is not safe or advisable to hold for long. As the price rise massively quickly sell and run with your profits. But some crazy thing is that most memes coin do take a year before they experienced such rise so it can be a trickery investment. That if you planning to invest on it always use funds worth risking ;)
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To be honest hitting the right and legit memes coin (shit coin) can be really profitable I have heard of alot of story on how some memes coins change alot of people lives for the better. I've made some research concerning such coins and due to their very high volatility is not safe or advisable to hold for long. As the price rise massively quickly sell and run with your profits. But some crazy thing is that most memes coin do take a year before they experienced such rise so it can be a trickery investment. That if you planning to invest on it always use funds worth risking ;)
meme coin or shit coin is a big risk.
Use the funds that you are prepared to lose.
Because the possibility of losing is greater and you must always monitor market movements and be able to predict whales will enter.
When the price goes up, sell as soon as possible, because second chances in shitcoins never exist.
I played there for a long time, and it was really tiring.
I would suggest investing in top coins, it is safer.
If you have a good Analize, you can try presales on new projects.
It's also more profitable, if you have knowledge there.
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I haven't heard of these two memecoins before. Lots of memcoins coming on daily basis. it is a bit difficult to keep up with all of them.
I just tried to look them up in Coinmarketcap. apparently there are 3 memecoins listed named BabyDragon, and all of them are worthless. and $WIF while have higher price. their website didn't impress me.
I think I need to look them in more deeply to understand them. will try to do that later if got enough time.
Choose any of them. Still, nothing good will come from this idea. Well, the times will increase in the moment, and then it will be a scam again. This has already happened more than once. Nowadays, such projects are created only for one purpose: to provide an opportunity for the #DevelopmentTeam to earn money. All other participants will be left without money and with headaches. Time has passed like this. We need to understand this already. Don’t play with something that has no prospects. Better go to the casino. There are much more chances there than in this field.
If you are going to invest, then only in those tokens that have a good fundamental basis, and you can count them on your fingers.
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To be honest hitting the right and legit memes coin (shit coin) can be really profitable I have heard of alot of story on how some memes coins change alot of people lives for the better. I've made some research concerning such coins and due to their very high volatility is not safe or advisable to hold for long. As the price rise massively quickly sell and run with your profits. But some crazy thing is that most memes coin do take a year before they experienced such rise so it can be a trickery investment. That if you planning to invest on it always use funds worth risking ;)
meme coin or shit coin is a big risk.
Use the funds that you are prepared to lose.
Because the possibility of losing is greater and you must always monitor market movements and be able to predict whales will enter.
When the price goes up, sell as soon as possible, because second chances in shitcoins never exist.
I played there for a long time, and it was really tiring.
I would suggest investing in top coins, it is safer.
If you have a good Analize, you can try presales on new projects.
It's also more profitable, if you have knowledge there.
most people do engage in such investment is because most of them believe that is one of the quickest way to get rich quick after seeing alot people testifying about their wins. Without thinking about the risk attached one crazy thing about all this coins is that ones they experienced a dip they might never bounce or come back from that dip and alot of people have fall victim of such. Whereby their funds dip with the coins
So you've said is better to invest on main coins than to risk your funds in such projects.
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Sometimes I quite applaud most of the people who work in the world of meme coins. Because they really can and are capable of doing it very well. able to learn it and follow the flow of these meme coins. So many of them are successful in making huge profits from meme coins.
but of course this will not suit all of us. because this is indeed high risk and there is no guarantee that we will continue to get profits from here. So, if we don't understand how to do it well, then just stop, lest we lose our money.
This is why it is very important for one to DYOR. I have made some losses in investing in some memecoin..one example is $UMMA and has also made decent gains from $BONK, $MYRO and $WOJAK. It's quite important for one to invest what they can afford to lose when investing in memecoins but if it turns out good to be profitable, then we celebrate. One strategy I employ to select the memecoin I invest in recently is to look at the Calibre of CEX listing it. Exchanges like Bitget and Binance do carefully select memecoins and research them before listing however, Binance is slow in listing memecoin which could make one not get the desired ROI as compared to exchanges that list them on time.
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In early trend of memes I made huge profit by investing low kn doge,safemoon,safemars and some others (I don't remembered those names). In safemoon and Safemars I made 20x and almost 2x in dogecoin. I think for short term new coins and meme coins are high profitable with high risk.
Today one another good project Jupiter have launched their token $wen on the Solona network. The meme trend especially in Solona network is so good and I prepared stable coin to buy immediately after launch but due to some reason I missed. As per my prediction the token price pumped 30% after 10 minutes. Now I am looking for such opportunity to get short term profit.
Safemoon and Safemars were the projects I invested too. but they were not memecoins if I remember correctly. at least Safemoon was not a memecoin. the price was as low as any memecoin tho.
Unfortunately I lost my money in Safemoon because I thought it will increase if Hold it a bit longer. but it didn't go as I expected and Token's value kept dropping.. I wish I had sold my SFM on time.
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Sometimes I quite applaud most of the people who work in the world of meme coins. Because they really can and are capable of doing it very well. able to learn it and follow the flow of these meme coins. So many of them are successful in making huge profits from meme coins.
but of course this will not suit all of us. because this is indeed high risk and there is no guarantee that we will continue to get profits from here. So, if we don't understand how to do it well, then just stop, lest we lose our money.
This is why it is very important for one to DYOR. I have made some losses in investing in some memecoin..one example is $UMMA and has also made decent gains from $BONK, $MYRO and $WOJAK. It's quite important for one to invest what they can afford to lose when investing in memecoins but if it turns out good to be profitable, then we celebrate. One strategy I employ to select the memecoin I invest in recently is to look at the Calibre of CEX listing it. Exchanges like Bitget and Binance do carefully select memecoins and research them before listing however, Binance is slow in listing memecoin which could make one not get the desired ROI as compared to exchanges that list them on time.
You make a good point. I agree it's wise to look at exchanges that list promising meme coins early, before they gain widespread popularity. That allows you to get in position early on. For me personally, I'm closely monitoring WIF and Babydragon right now. Catching these types of memes in the early stages on exchanges that support them can provide great opportunities.
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To be honest hitting the right and legit memes coin (shit coin) can be really profitable I have heard of alot of story on how some memes coins change alot of people lives for the better. I've made some research concerning such coins and due to their very high volatility is not safe or advisable to hold for long. As the price rise massively quickly sell and run with your profits. But some crazy thing is that most memes coin do take a year before they experienced such rise so it can be a trickery investment. That if you planning to invest on it always use funds worth risking ;)
You made a valid point buddy. I also think early investors in Memecoin projects are usually at the profiting side too. So, while investing what you can afford to lose is a vital advice, on the other hand it would be great if you can identify these projects with the potential for making multiple gains early enough.
meme coin or shit coin is a big risk.
Use the funds that you are prepared to lose.
Because the possibility of losing is greater and you must always monitor market movements and be able to predict whales will enter.
When the price goes up, sell as soon as possible, because second chances in shitcoins never exist.
I played there for a long time, and it was really tiring.
I would suggest investing in top coins, it is safer.
If you have a good Analize, you can try presales on new projects.
It's also more profitable, if you have knowledge there.
most people do engage in such investment is because most of them believe that is one of the quickest way to get rich quick after seeing alot people testifying about their wins. Without thinking about the risk attached one crazy thing about all this coins is that ones they experienced a dip they might never bounce or come back from that dip and alot of people have fall victim of such. Whereby their funds dip with the coins
So you've said is better to invest on main coins than to risk your funds in such projects.
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
The majority of meme coins right now in the crypto space are too high-risk. But there are a few meme coins that I can say can give us a good profit in the future when we get a good opportunity with the possibility that their price will spike in the market.
And I think that this Babydragon that you are talking about, dude because it looks like this is the first time that it will face the bull run and halving of Bitcoin, so I think that I will also buy it and hold it until the bull season comes, then the wif. I just got a glimpse of it now, and it's a pity I didn't buy it last December last year when it was around 0.001$ something and its price value jumped a lot in the market. Though right now I have Pepe, Shib, Floki, Bonk, and Babydoge.
Bitcoin and other top altcoins like ETH, XRP and SOL has always been my holdings but i have a feeling BTC cant triple of its current price in the next bullrun whereas if one get a good memecoin right, it could go as far as doing 50 or 100 times hence the reason i have switched my attention to investing in memecoin starting from BONK. Although, i didnt make much gain from it due to the fact that i enter pretty late but it was worth more than what BTC gave me last year. I have also been observing this BABYDRAGON and seeing the sentiment around it, i have a feeling its going to print some dollars in the next bull cycle hence i will be buying from to hodl.
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I was once investing in meme coins namely Doge, Shiba Inu, PEPE and other popular one but I end up being liquidated due to the pump and dump thing. You should not give your full trust in these coins it might get you out of the game if something isn't doing right.
I had invested in DOGE for a while, but I missed out on luck when Elon Musk started discussing it, as I had pulled my investment out beforehand. I believe it's alright to take on some risk if you're willing. As they say, higher risk can lead to higher rewards. But it's crucial to understand and manage those risks.
Personally, I've learned to rely on reputable exchanges to choose my memecoins. Many memecoins don't make it to cex because these platforms conduct thorough research before listing them. Exchanges like Bitget have been instrumental in helping me achieve good gains. But I would still emphasize the importance of conducting your own research.
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As you have already said, memecoins are good to invest in them at their early stage. If you miss them at that stage, you are highly at risk of losing your investment at a low price.
Each time I remember how I missed investing in Shiba Inu at its early stage, it makes me feel bad because I would have made huge profits from it if I invested when a friend told me to. But notwithstanding, I am aiming to invest any newly launch memecoin soon.
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Meme coins are more risky but also more profitable if we buy at the right time.
Usually meme coin will hype, So if we want to invest in meme coin we should always update the event.
Honestly, I didn't follow this moments.
I didn't have time to do.
So, I choose top coins in my investment.
BNB and Solana are my favourite coins.
I ever gained profit from doge coin at the last, but I didn't want to try again.
Exactly, investing in meme coins is a very high risk thing. In fact, we might even face big problems if we don't understand the mechanism. This may be different when someone is used to playing with meme coins and making them a valuable short term investment. However, this is clearly not for long term investment. Because not all or even most meme coins will fail in the long term. It's just that they won on the hype and skyrocketed in price. However, if it drops, it will be like the end of the meme coins.
because it makes sense that most people actually avoid it. Rather than waiting for things that are uncertain and have higher risks.
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-$WIF and $BABYDRAGON-
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
I have never heard of the Meme token with the symbols $WIF and $BABYDRAGON and this is the first time I have read it from your post.
The history of this Meme token has been printed since the existence of the DOGE coin and the DOGE coin started to increase in 2017 until now and we can see lots of Meme tokens.
I also wanted to buy Meme tokens like the ones you bought ($WIF and $BABYDRAGON) but I wasn't really sure about Meme coins, DOGE coins and I wasn't sure they would rise again to 0.7 USD but maybe the market at another time could change at any time.
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Meme coins are something or projects I've avoided putting money on over the years, and needless say that, today, I turn back and regret that decision, for I know that they are a gamble, and I personally believe that, if I did have gotten myself involved in the gamble, I possibly by now would have made a good amount of money like in hundreds of thousands of dollars.
I've been in crypto since 2016 and I missed all the meme coins explosions, I missed
Dogecoin
Shiba inu
Floki
Pepe
Bonk
And a host of others, and this are projects I knew their very beginning..
So, this year, I've made a resolution to try every thing and hate nothing, as long as its crypto currency we are talking about, and to kick start this, I am already invested in COQ inu, the first meme coin project on Avalanche blockchain, and I am still on the look out for other meme coins with good potentials to invest in as well.
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One thing I have noticed with altcoins investment is that it luck that makes some investors to know the right time to enter the market and also know the right time to exit the market. Some investors have not always be in favor of altcoins and they keep experiencing loses. It is very impossible to predict the right time and period that an altcoin is good to buy and time to sell when you feel that that is the peak of the market.
So, it is very important to invest just invest the amount that you can afford to losses. Even if you can't afford to loss the money but let it not be the money that will coat you your life if you had a -98% loss. I have see up to three case where people collapse due to bad news.
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Meme coins are something or projects I've avoided putting money on over the years, and needless say that, today, I turn back and regret that decision, for I know that they are a gamble, and I personally believe that, if I did have gotten myself involved in the gamble, I possibly by now would have made a good amount of money like in hundreds of thousands of dollars.
I've been in crypto since 2016 and I missed all the meme coins explosions, I missed
~
So, this year, I've made a resolution to try every thing and hate nothing, as long as its crypto currency we are talking about, and to kick start this, I am already invested in COQ inu, the first meme coin project on Avalanche blockchain, and I am still on the look out for other meme coins with good potentials to invest in as well.
The explosion in the price of an altcoin like memecoin is due to the influence of people who can control the world's money, they work together to increase the price of memecoin and once they feel they have enough, they will withdraw profits and make the price collapse again, as currently very few memecoins still survive. The risks of memecoin are also very high so that when used for trading or long-term investment it will be very dangerous.
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One thing I have noticed with altcoins investment is that it luck that makes some investors to know the right time to enter the market and also know the right time to exit the market. Some investors have not always be in favor of altcoins and they keep experiencing loses. It is very impossible to predict the right time and period that an altcoin is good to buy and time to sell when you feel that that is the peak of the market.
So, it is very important to invest just invest the amount that you can afford to losses. Even if you can't afford to loss the money but let it not be the money that will coat you your life if you had a -98% loss. I have see up to three case where people collapse due to bad news.
Altcoins are not the right thing to invest in. At least I have my own experience of losing more than $6000 when investing in Altcoins, and then the Altcoins collapsed suddenly because at that time the price of Bitcoin also collapsed, so the most affected were the Altcoins because the exchange rate was sharper. From that experience, I prefer to invest in Bitcoin, which is safer.
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. From that experience, I prefer to invest in Bitcoin, which is safer.
The comparison is very haphazard and very far away, but I really prefer investing or trading with top coins only, so it's safer. ;D
Many Meme tokens end up becoming dead tokens and ultimately have no value at all on the market, which is very sad for those who invest a lot in these tokens.
But if I had to force myself to choose and try trading with Meme tokens, maybe I would choose DOGE coin because DOGE coin has stronger dominance than other Meme tokens and has been trusted since 2013.
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Altcoins are not the right thing to invest in. At least I have my own experience of losing more than $6000 when investing in Altcoins, and then the Altcoins collapsed suddenly because at that time the price of Bitcoin also collapsed, so the most affected were the Altcoins because the exchange rate was sharper. From that experience, I prefer to invest in Bitcoin, which is safer.
The experience was very scary because you used a lot of money and indeed altcoins have a very high risk, so it's better if you have money then you should buy several altcoins that have potential such as Ethereum, BNB and Solana. Make this an important lesson so that it doesn't happen again in the future and keep the trading you do providing peace of mind.
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Altcoins are not the right thing to invest in. At least I have my own experience of losing more than $6000 when investing in Altcoins, and then the Altcoins collapsed suddenly because at that time the price of Bitcoin also collapsed, so the most affected were the Altcoins because the exchange rate was sharper. From that experience, I prefer to invest in Bitcoin, which is safer.
The experience was very scary because you used a lot of money and indeed altcoins have a very high risk, so it's better if you have money then you should buy several altcoins that have potential such as Ethereum, BNB and Solana. Make this an important lesson so that it doesn't happen again in the future and keep the trading you do providing peace of mind.
A good choice if you choose ethereum, BNB and Solana. but don't forget bitcoin. That fourth coin is a favorite among investors. because they think the coin will experience a tremendous rise in the next few months.
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Altcoins are not the right thing to invest in. At least I have my own experience of losing more than $6000 when investing in Altcoins, and then the Altcoins collapsed suddenly because at that time the price of Bitcoin also collapsed, so the most affected were the Altcoins because the exchange rate was sharper. From that experience, I prefer to invest in Bitcoin, which is safer.
I agree after the year 2018 ICOs and altcoins will never be the same again, there's a lot of scammers and fake projects I was so active e in bounty campaigns so I never invested in these ICOs after 2018, and out of the 40 projects I participated in only 1 or 2 projects are good.
Meme coins are no different there few that are good but all the rest are exit scams or projects that are just pump-in dumps and only the developers are likely to make money.
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Sometimes I quite applaud most of the people who work in the world of meme coins. Because they really can and are capable of doing it very well. able to learn it and follow the flow of these meme coins. So many of them are successful in making huge profits from meme coins.
but of course this will not suit all of us. because this is indeed high risk and there is no guarantee that we will continue to get profits from here. So, if we don't understand how to do it well, then just stop, lest we lose our money.
Fortunately for me I've been able to spot and invest in some Memecoins that did pretty good. BOME for instance made me 5x gains just after listing. It takes a lot to be able to know what to invest in and if the exchange you're on lists quality tokens, then you're on a right track. I found BOME on Bitget.
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Investing in meme coins is very risky in the long term, but I usually take advantage of them when they have just registered to take advantage, and leave memes when I have made a profit that I feel is sufficient.
Meme coins are not good coins for the long term, especially if they are new coins, if you want to invest in memes, just try Doge, but don't go all in on your money for meme coins.
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Investing in meme coins is very risky in the long term, but I usually take advantage of them when they have just registered to take advantage, and leave memes when I have made a profit that I feel is sufficient.
Meme coins are not good coins for the long term, especially if they are new coins, if you want to invest in memes, just try Doge, but don't go all in on your money for meme coins.
I don't know why, but, I'm still confused with how many people are investing and finding meme coins so early. And in the end they were able to get very high profits from these very risky meme coins. So far, I always see meme coins when the price is flying, so it's hard to enter at that price, you might end up losing money.
but indeed, for those of us who are not used to it or don't know how, meme coins will be a very risky investment, even very high risk.
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Memecoins both have sweet and bitter experience altogether, there's nothing that we can do to avoid having the two phases in our experience, we should always make sure that we have the opportunity of riding on the wave each time we had an investment in them, know the measures to take in avoiding much risk that might cost us to suffer lost, I can't imagine the crypto markets without the influence of memecoins, it may not have been this excited, despite they have their risk.
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I know everyone's going hyped with the potential for explosive gains. But amidst the excitement, it's crucial to stay grounded and invest smartly in those memecoins. This is not a long term investment that you can make and HODL it for months as it contains maximum risk and volatility. But if you can catch some memecoins at early stage and try to invest early, it can give you great gains once it gets exposure from listings and getting it trending on platforms.
So personally, I've found myself drawn to two memecoins: $WIF and $BABYDRAGON. Both possess unique quirks and promise – $WIF with its playful spirit and frictionless trading (0% buy/sell tax), and $BABYDRAGON is a newcomer with big aspirations and gearing up for a potential price discovery and upward momentum with its upcoming listing on major platforms like Bitget.
This is my investment on these two. I think yours can be better if you are investing in researching a lot on meme communities and all. So let me hear what you guys got.
Yes it's true many people are investing in meme coins currently, like DOge coin and Shiba Inu. They are hope to get quick profit from it. Moreover it important to always know cryptocurrency investment involves risk and Money could be lose despite the stragey used.it better to make research before jumping in investing .