Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Solana Forum => Topic started by: Solanawish on June 01, 2024, 03:17:06 PM
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Are you guys also a victim of a rug projects like me i am now fed up with the meme coins specially on solana most of them are rug and the projects who reach to millions of Marketcap is really hard to find and when i found them those coins already at their ATH. Tell me how could i found the legit project and how i can make profit because from the last 1 year i lost a lot of my hard earned money in the scams recently i look into a project called ghostface and they claim that ghost face is a meme killer and for the users security there are no team tokens all tokens will go into the LP so what you think ghost face is a legit one or not give your honest opinion on this.
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Almost every (if not all) popular blockchain is flooded with scam projects. The thing is you'll never know which one of them will really blow up and give you massive profits. If you're going to hunt for these new tokens, I suggest that you treat it as gambling because even the projects with nicely written whitepapers and visible team members could still run away with your money.
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I don't know what other users do but I can't give you an objective opinion as I personally don't invest in meme coins as they are all just pump and dump schemes to fill the pockets of a few. You have a lot of information available in the forum about the questions you raise.
More information is available at: Basic Questions about Cryptos (https://www.altcoinstalks.com/index.php?board=254.0).
@Solanawish, I'm not new, I hope to see you here talking about more topics, and that this post is not just an excuse to spam (that's why I edited your post) about ghostface...
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Found a legitimate project but you invested in meme coins? It's a lie buddy because memes are not legitimate projects, this is just a joke while the team that created the meme just wants to profit after pulling the rug.
You don't be greedy when investing in meme coins wanting to earn instantly is not easy, how many people have lost in this meme even millions of dollars in assets that were pulled rugs and ended tragically.
If you want to profit in one year why not invest in bitcoin, even now you have the opportunity to buy before the rally comes.
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I checked the ghost gate, and I don't think it looks legitimate. Although, it could be a good memecoin to invest in because memecoins are unpredictable these days. But do so at your own risk. The best way to know if a project is legitimate is if it has a transparent team and tokenomics.
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I don't know what other users do but I can't give you an objective opinion as I personally don't invest in meme coins as they are all just pump and dump schemes to fill the pockets of a few. You have a lot of information available in the forum about the questions you raise.
More information is available at: Basic Questions about Cryptos (https://www.altcoinstalks.com/index.php?board=254.0).
@Solanawish, I'm not new, I hope to see you here talking about more topics, and that this post is not just an excuse to spam (that's why I edited your post) about ghostface...
Yeah, I also hope that this is not a topic to shill the ghostface project, and that we have an enthusiastic member rather than a spammer.
I don't understand why new investors are so interested in memecoins, even though they are aware of the risks involved. The market has dozens of top coins that are worth trusting and investing in, such as BTC and many other native coins such as ETH, BNB, SOL, XRP, DOT, ADA... Memecoins don't have any technology or useful solutions, they just need an interesting narrative and market manipulation to increase token price. I think that fundamental analysis is useless for most memecoins, so I choose to stay away from new memecoins in the market, especially when they are not yet listed on top CEXs.
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Are you guys also a victim of a rug projects like me i am now fed up with the meme coins specially on solana most of them are rug and the projects who reach to millions of Marketcap is really hard to find and when i found them those coins already at their ATH. Tell me how could i found the legit project and how i can make profit because from the last 1 year i lost a lot of my hard earned money in the scams recently i look into a project called ghostface and they claim that ghost face is a meme killer and for the users security there are no team tokens all tokens will go into the LP so what you think ghost face is a legit one or not give your honest opinion on this.
for you to be safer? better to never have that greedy attitude to seek more than multiple times of return from your investment amount
instead learn how to be contented in smaller profit but at least not in scam project and for that to happen better to prevent your self from investing in new project specially meme coins that majority are just scams.
there are of course good memecoins but the way I see it? this is like those past popular and trending one that when there are market for
sure scammers are to follow.
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i look into a project called ghostface and they claim that ghost face is a meme killer and for the users security there are no team tokens all tokens will go into the LP so what you think ghost face is a legit one or not give your honest opinion on this.
How can you find a legit project? Very easy. Just focus on the top coins in terms of market cap.
The problem with you is that, you are focusing mostly on meme coins and you know what? The chances of a new meme coin being a scam project is at it's highest. You can still make profit if you will focus more on coins like Bitcoin, or Ethereum, or any other top coins out there like Solana as well. Why focus on new meme coin projects when you can buy the current top coins? Why focus on new projects when you can focus on old ones? Why focus on new projects on making profit when you can still make profits when you focus on old ones?
As for the token, I don't know if you're indirectly advertising the project or not, but the fact that there is no team in it is already a red flag for me. Meme killer? They're just riding the hype of meme coins. It's too early to tell for me that it's a scam project, but if I will decide whether I will invest on it or not, I will not invest on it at all.
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After waiting a reasonable amount of time (72 hours), this thread will remain locked from now on because unfortunately and as I suspected, its only purpose was to spam about another meme coin. The user has not logged into the forum again.
I think there is enough information on the forum to have a basis for knowing when a project is legit or not.
I apologize to the users who have posted here. If anyone wants to continue talking about this, it is better to open a new thread. Send me the link and I'll add it to this thread.
Thanks!