Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: bayu7adi on December 06, 2024, 03:12:54 AM
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
no people who invest in memecoins are still using fundamental analysis they analyze the tokenomics, the hype, the trends, the #DevelopmentTeam , they still use fundamental analysis on memecoins it is about considering the factors that may affect the token’s value externally
maybe you are talking about technical analysis where it might be not as applicable to memecoins because it doesn’t really have any logical explanation to the difference in prices from time to time
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
the thing is there is always a new meme so there will always a new meme to tokenize and earn from so because of that people might keep coming in and invest in memecoins until they don’t stop earning , memecoins will exist
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
In all narratives that have come in crypto, I can say that meme coins is one that have lasted long the most so far, and I think that even going into the farther future, memecoins will still be very relevant, on like nfts that are fast becoming obselete.
I think the rise is memecoins is as a result of the several failed utility projects, alot of people got tired of buying into wonderful ideas that never see the light of the day, whereas meme coins comes, builds a great community and pumps crazy, while those who choose to invest in utility coins are still holding for several year hoping and waiting for just one more pump so they can, atleast, cut down some of their loss and get out, this is possibly the reason why many investors shifted their attention to memecoins, I inclusive.
And like I did have said before, meme coins will remain relevant for a very long time, as long as crypto continue to exist.
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price.
Well I'll definitely prefer to cap it up as investment is investment however their nature differs ranging from things like volatility and available liquidity to most especially risk margin. Yes volatility is what tells how fast a market moves wether in the dip direction or the pump direction however liquidity on the other hand tells how intensive the move will be in either direction.
Now liquidity relates a lot to risk margin that's the more reason highly adopted cryptocurrencies perform better than others. Those meme coins have smaller liquidity and what makes it very risky is that a great percentage of that liquidity is dependent on a small central body which is responsible for pumping and dumping.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
In this crypto ecosystem, people don't really care about the traditional investment rule, people like to see volatile profit and quick money that's why despite the warning against meme coins, a lot of people go with the flows about it, they don't want to be stuck without profits and as long as there is money in meme coins, meme coins will stay.
There is the Hawk spit on that thing girl that went viral sometimes this year, she launch a meme coin today and the coin market cap goes to $400m, she rugged the community and went silent like nothing happened, despite all this people still want meme coins.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
We don't know for how long, but based on what we're seeing, the meme community can sustain the hype of the memes, Memes are narrative-based; the better the narrative, the better the potential to get hype by the community. Its a risky investment, but so many investors love to gamble because they know there's huge profit to be made if you hit the right meme to invest.
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The high hype must also be accompanied by the strength of a fairly solid community, without the memecoin community it will mean nothing and will just be thrown away.
In addition, Memecoin really has to have a clear utility so that there is further development, not just a memecoin that does not have any planing.
Then the most important thing is the developers who work hard to build the memecoin to reach higher targets.
Developers should also have a good idea for everyone and be completely legitimate and not abandon the project.
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
The existence of meme coins that emerge in the crypto space depends on the number or extent of traders who believe in it. And that depends on the number of marketcap and liquidity that it has in its daily volume. That is always the main reason for us to determine if it is possible to last or if it has potential in the future at least.
That's why in these cases we need to be smart in hunting for meme coins, and that is important so that the fund we use here is not wasted. This bull run that we are facing now seems to be really in meme coin season at this time because most of the noise in the market is mostly meme coins on various blockchain networks.
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I guess in memecoins anything goes as the primary consideration will be a project's potential to get a big community to support and push it to the top. Hence, we are all seeing so many hypes and FOMO-based marketing strategies so as to gain the attention of the people and so they will open up their wallets and take the possible risks. Yes, there will still be some who might look at the fine print details but the overwhelming factor will always be how the market will react to it and that is why promoters are always there for the project so that things will really be exciting and more people will come on board. Now, it all up to the project on how to make sure the support will always be there so they must come up with the usual factors and make sure their tokenomics is taken care of otherwise success may slip away slowly or even abruptly in some cases.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
We don't know for how long, but based on what we're seeing, the meme community can sustain the hype of the memes, Memes are narrative-based; the better the narrative, the better the potential to get hype by the community. Its a risky investment, but so many investors love to gamble because they know there's huge profit to be made if you hit the right meme to invest.
It's always gamble when you are investing on memecoin. However many of us lile to do gambling. Gambling and investing on memecoin are almost same thing. Memecoin are exist only on hype. If it has less hype the project surely could do nothing. I don’t have much believe on memecoins except only Doge and Shiba. Though these two coins are memecoin still we have a trust on it cause its the top ranked meemcoins on the market. Market is always unpredictable place where anything happen but memecoins has another which has only hype to exist. I have seen many memecoin which has no crypto concept that’s gone on the dust. He who love to gamble can invest on memecoin but still it has many risk to put your money in. I think it will be better to try your fortune with low amount of money if you are fortunate you can get a good return and also if it lost you may not lost all of your investment. That's why i never suggest to invest on memecoin. Try to find legit project which has real concept and value then you can get a good return for sure.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
We don't know for how long, but based on what we're seeing, the meme community can sustain the hype of the memes, Memes are narrative-based; the better the narrative, the better the potential to get hype by the community. Its a risky investment, but so many investors love to gamble because they know there's huge profit to be made if you hit the right meme to invest.
Let's think of this as gambling, because everyone bets in gambling hoping to get rich suddenly. Also many people buy and hold meme coin with small capital so that they can become rich overnight. The investment community is different because not everyone invests in the same basket. Some like to hold bitcoin and some like to hold ethereum. I have been involved in altcoins for the past few years and so far my long time investment is in the basket of losses. But since i keep the top altcoins in the bag so my profit can fill the bag at any time.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
The memecoin market is still what it is as we’ve know them to be in the past. They are been triggered and moved by hypes from the community and if there is not hype in them, then most of the meme coins will never find any potential or people make profit from them through investment and trading of them. They are very risky and they still posses that kind of power to get you rugged in few minutes or make you big profits in few minutes. I don’t think there will be a change to how people view meme coins, if most of this criteria we use to identify them are not found in meme coins, then they will soon go out of existence and we won’t hear of them again.
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
In these events of the year 2024, we have witnessed many meme coins that have made noise in the market until these few months of December, which is why the number of crypto communities who believe that they can make a profit from meme coins is increasing in this bull run that we are facing.
In fact, I am one of those who actually believe in this matter, because it is proven that there is a profit to be made from meme coins as long as we choose
the right meme coins.
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For more and better clarifications, we need to have the understanding of what memecoin is, because they are in their own little way even different from the normal digital coin in crypto, because they are common in having this unique high risk volatility nature, while our traditional investments may not be fit in well in this discussion because they are not under the same kind of currency, as one is fiat and the other crypto and their rules of engagements are quite different and varies.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
If for long term or not, indeed no one can guarantee it all. but as long as the meme coins hype is still there and there is no new hype to replace it, it seems like this will still continue. It's just that, meme coins usually don't have a fundamental, mostly because of the community and the hype trend in the market, so it's a bit difficult to analyze it.
The high hype must also be accompanied by the strength of a fairly solid community, without the memecoin community it will mean nothing and will just be thrown away.
Indeed, the combination of hype (trend) and community will make meme coins rise rapidly and hopefully last a long time. However, if they have been abandoned by the crowd and switched to other meme coins, then be prepared for the price or market to collapse very easily. This also often happens to meme coins that will immediately drop when they have reached ATH or a certain increase, and in the end are unable to maintain their position and market.
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
Memecoins do not have a specific use case due to which they cannot maintain a strong position in the market for a long time. Memecoin performs in the market depending on the hype. However, Elon Musk is behind Dogecoin and because of this, various things are happening with it. And depending on Doge coin some of the next top level memecoins are performing well in the market. Thinking of long-term investment in any meme coin other than Doge alone is foolish. Because no one can guarantee how long they will last in the market with good prices. Only short-term investments are required in these
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For more and better clarifications, we need to have the understanding of what memecoin is, because they are in their own little way even different from the normal digital coin in crypto, because they are common in having this unique high risk volatility nature, while our traditional investments may not be fit in well in this discussion because they are not under the same kind of currency, as one is fiat and the other crypto and their rules of engagements are quite different and varies.
Your points are correct, Meme coins and Traditional investments are not in any way comparable. Meme coins are fun digital assets without any usercase, while fiat are local currency for investing on tangible items like stocks, commodities, bonds etc
I don't think meme coins deserves the comparison with Fiats because they are absolutely fun tokens, and if not well manage by is a strong team, large community of users, may vanished from the crypto market.
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We can't compare the two kind of Investments together, the traditional or physical investment assets are quite different from the cryptocurrency memecoins, they both have their risk as well as advantages, we have to understand the rules guiding each category before we could draw a line on which is more better than the other for us to invest.
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We can't compare the two kind of Investments together, the traditional or physical investment assets are quite different from the cryptocurrency memecoins, they both have their risk as well as advantages, we have to understand the rules guiding each category before we could draw a line on which is more better than the other for us to invest.
if we are trying to talk about which one is better suited for you then i do not think it is enough to assess their risks and benefits alone because at the end of the day it should be personalized to you it should be catering you
but the first step must be to assess them and the next step should be to identify which one is better for you as a trader or investor and see which one could be the most profitable while still being easily manageable for you
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We can't compare the two kind of Investments together, the traditional or physical investment assets are quite different from the cryptocurrency memecoins, they both have their risk as well as advantages, we have to understand the rules guiding each category before we could draw a line on which is more better than the other for us to invest.
Have bigger gap when comparison between traditional investment with cryptocurrency investment regarding how bigger risk for both kinds investment, actually traditional investment have lower risk but lower return or profitable earn later but difference when put our money at cryptocurrency have acceptable with large risk with high return profitable earn.
Not bad ideas keep balance between investing at traditional investment and spend few percent of our assets for cryptocurrency investment, we can take high return from crypto but keep safe our assets in traditional investment due small risk.
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In traditional investment rules, we must do fundamental analysis and then must have the skills to do long-term holding when investing in coins or stocks with strong fundamentals... these rules are starting to be forgotten by the meme coin community, where what I see is that meme coins can grow due to high hype and also the strength of the community can actually change the movement of the memecoin market price...
With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
Memecoins do not have a specific use case due to which they cannot maintain a strong position in the market for a long time. Memecoin performs in the market depending on the hype. However, Elon Musk is behind Dogecoin and because of this, various things are happening with it. And depending on Doge coin some of the next top level memecoins are performing well in the market. Thinking of long-term investment in any meme coin other than Doge alone is foolish. Because no one can guarantee how long they will last in the market with good prices. Only short-term investments are required in these
- They can both be profitable but it is definitely more minimal to invest in trading compared to meme coins which have a very high volatility risk, although trading also has risk. That's why if you invest in meme coins you should only be able to afford to lose what you are willing to.
Just do it and be vigilant and always be careful when you invest whatever it is, because all cryptocurrencies really have some risk involved,
so you should expect that here.
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With this phenomenon, do you think the existence of memecoin will last long and will new hype always emerge that will give speculators the opportunity to survive in the meme coin space?
Once upon a time was when the investment on stocks , shares and other physical investment were invoke, but now ever since the introduction of bitcoin in cryptocurrency, things have changed drastically and people have deviated from the traditional investment opportunities to the digital ones in cryptocurrency because of bitcoin, for now, we may not really say much as concerning the future because there is nothing new than we already have in crypto, but if any latest development other than bitcoin or any crypto is coming, this may be in other decades as the case may be.
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Once upon a time was when the investment on stocks , shares and other physical investment were invoke, but now ever since the introduction of bitcoin in cryptocurrency, things have changed drastically and people have deviated from the traditional investment opportunities to the digital ones in cryptocurrency because of bitcoin, for now, we may not really say much as concerning the future because there is nothing new than we already have in crypto, but if any latest development other than bitcoin or any crypto is coming, this may be in other decades as the case may be.
Bitcoin has made many people understand what it's to make investment, how to make investment without depending on anybody but that doesn't stop the fact that stock market are still in good shape. Trillions of dollars are been exchanged in the h e stock market everyday and crypto market despite been general still not upto the volume it's traded, this is to tell you how far we can go with crypto market.
If the business men, billionaires all have interest on Bitcoin, the crypto market is going to explode that day because you know how quick crypto market can transition but many of them are afraid of what government will do to their wealth.