Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Dust Farmer on January 20, 2025, 11:10:26 PM
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
The problem with that altcoins is that they are vaporware.
They are worthless. This is basically a casino, you are gambling and the house always wins.
You can make money, but it is very likely that you will lose.
Personally, i try only to invest in projects which I understand the fundamentals.... This is why I got into bitcoin and ethereum in the first place, in 2017
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Meme coins can evaporate anytime, not just meme coins, but most altcoins now, especially the new ones that are just created by the owners to make money for themselves. Take note that Trump also holds 80% of this $Trump token, so that tells you how dangerous it is to hold a meme coin like this.
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I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
I have read for WEETH coin and it represents the ease of enjoying DeFi services, the price is the same as ETH... so if the holding you mean is for long-term purposes, why not just choose ETH which has been proven to be safer and even more trusted than similar tokens with similar prices but not as popular as ETH...
Then for USDE if I am not mistaken, it is the Ethena USD token... and I still categorize it as a stable coin on the Ethereum Blockchain network with the name synthetic dollar... holding stable coins will not provide benefits either in the short or long term... usually holding stable coins is only for the purpose of securing assets from cryptocurrency volatility....
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I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
If you want to invest in ETH, then invest in ETH itself (not in it's weird versions like WEETH), regarding USDE — how can you grow portfolio with stablecoin? Anyhow, if I were to choose stablecoin, I would stick with old and trusted stablecoins like usdc/t.
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Weeth is the wrapped token of eEth, from Etherfi
You'll need wrapped tokens to use in DeFi, like lending and borrow or stake
The benefits of use eEth is to focus on the airdrop, or the rewards of a lst can provide to you, I suggest to read more about here: https://www.ether.fi/
If the goal is only investment, I don't think eEth is that attractive, but if you want to use ETH more widely and get rewards beyond simply holding the coin, it could be very interesting.
I just suggest doing more research to understand what this token is all about
If you have any questions, don't hesitate to ask here
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Meme coins can evaporate anytime, not just meme coins, but most altcoins now, especially the new ones that are just created by the owners to make money for themselves. Take note that Trump also holds 80% of this $Trump token, so that tells you how dangerous it is to hold a meme coin like this.
The $Trump token is making waves right now and the hypes are increasing everyday, I’ve had a few persons really encouraging me to get the token, telling me about how potential the token is and how so many investors have actually bought the token, but my answer was still the same and will still be the same, I don’t trust any coin that’s not Bitcoin, and I’ve decided already never to buy them, we’ll except I have a very good reason that’ll change my mind in subsequent time, but as it stands now??? My mind is still very much made up.
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The $Trump token is making waves right now and the hypes are increasing everyday,
Lol, are you sure it is making waves, yeah there was a huge pump when it was launched, but after then, it has been going downwards. If you ask me, i think the hype is slowly dying down and i can't see what can take it up again, since meme coins have no utility.
I’ve had a few persons really encouraging me to get the token, telling me about how potential the token is and how so many investors have actually bought the token
It is good that you have no intentions of buying this coin. Anyone buying this meme coin right now is making a big mistake, those who bought early may have made profit, but that is all over, those coming later are going to lose money because the hype is gone.
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
Isn't that USDE is a stable coin? If so, the point of holding it is to buy more coins that has your interest and it is a way to keep your profit secure by putting it in there. Are you talking about WETH instead of WEETH? If it's the former then that's just another wrapped token thats' pegged on ethereum and I think it's fine to have it especially if you are too active swapping and adding liquidity to new projects that requires it.
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Meme coins can evaporate anytime, not just meme coins, but most altcoins now, especially the new ones that are just created by the owners to make money for themselves. Take note that Trump also holds 80% of this $Trump token, so that tells you how dangerous it is to hold a meme coin like this.
Looks easily for meme coins such as Trump and Melenia reach higher price when first time launching to the public, I don't know how crazy the investor buy that coins and many of them earn much profitable. But have bad unique happening yesterday when some one launching new coins from Donald Trump's son Baron coins, its fake and scam coins the scammer have reach million dollar from many people easily got scam after investing that fake coins.
For next time be careful when investing with public figure coins, see its tweet at their twitter official account or not because scare many scammer use public figure name for their coins.
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It is good that you have no intentions of buying this coin. Anyone buying this meme coin right now is making a big mistake, those who bought early may have made profit, but that is all over, those coming later are going to lose money because the hype is gone.
And I keep wondering why people keep falling for an obvious scam like this one over and over again, I can’t be able to count how many times such a coin have come and gone, all with basically same exact results, and yet people still fail to realize that tokens are fueled by hype and once hype is over, everything is gone and those who join thereafter end up holding the bag. And the fact that the project developers holds majority of the token is still a total red flag that they’ve also chosen to ignore, and I keep wondering why this same trick works on people all the time.
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Won't WEETH be depegged too? There are time where their value delivers a lot from the real ETH like the wrapped BTC and wrapped ETH. You must be asking yourself whether its profit in the defi platform is worth it while you keep worrying.
I have also invest in Defi platform for awhile but things are getting crazy because of defi platform not so known.
It's all up to you but my impression to defi is not solid anymore.
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I understand that you are talking about Wrapped Eth (WEETH) which value and price is of course pegged to Eth, naturally, then USDe must be another stablecoin under the Ethena protocol. Now, since I can sense that you are hinting of using these two for earning opportunity...are you thinking of staking or farming them to gain more coins? I would assumed that you are already a learned crypto investor and holder so telling you to be careful and to be wary of risk is quite necessary. Good luck and I am wishing you great success for your portfolio in 2025.
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You'll have a dilemma if your portfolio consists of shitcoin or pump and dump coins or tokens as your majority. its better to have a mix of coins and tokens, but it should largely consist of coins or tokens that have proven their worth in the market, like Bitcoin.
If you want to engage in investing on memes, a good percentage is 25% of your portfolio considering how risky it is now where its only a matter of days before we see meme coin being pumping then dumped into the market.
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A portfolio that will find difficulty in growing or making good profits is one filled with bunch of shit coins/tokens that are on the pump and dump scheme. It is a right thing to maintain a healthy coin holdings in one's portfolio to avoid a continuous decline it value.
Bitcoin has attained it's Trust over the internet and crypto space, and lots of the top altcoins on CMC ranking.
Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
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Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
But that won't grow your portfolio, right? Because if you don't want to lose, you have to sell immediately when the coin listing occurs... there is a hype pump that will make memecoin rise drastically....
But, to add to the long-term meme portfolio, I only think of DOGE and SHIBA, besides that, the target is short-term... even TRUMP and MELANI are also very risky to hoard for long-term investment... don't be a victim of FOMO easily, because it is still a risky meme coin even though Donald Trump is there, but we don't know what Donald is thinking.
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
I don't have much information on the two tokens (WEETH and USDE) you've got interest, but do you really want to grow a portfolio with some random projects that looks very much like a pump and dump scheme?. Taking the Trump and MELANIA memecoin you pointed out as an example, if you actually carry out your research well, you will discover that so many people are currently at a loss due to FOMO or wrong timing. Those two projects did well probably 24hrs after their launch, and since then, so many investors, especially the few once I know have been counting their losses.
Why don't you start with something more solid. I wouldn't want to recommend, but DOGE is a good project, at least one of the best memecoin you can find . Or maybe XRP and SUI. These projects have done great since the past few months that I have monitored them. But that aside, the decisions are all yours to make. Do your research and don't follow hype.
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Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
Well, I agree with you that meme coins especially new ones can give huge profits to those who invests into them, but the question is, what are the chances that the meme coin that you're investing will not turn out to be a rug pull? What are the chances of you becoming profitable in investing into meme coins?
Just the latest 2 popular meme coins, TRUMP and MELANIA might've made some investors millionaires, but it caused thousands of investors to lose thousands or some even millions of dollars. Speaking of meme coins though, I would rather invest into those top meme coins that has at least a use case. SHIB and DOGE, and maybe PEPE as well. :P :D
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You won't have all these problem if you just stick to better coins. The best thing to do is use CMC to find highly rated alts and then make independent research about said tokens. Eventually when you set the foundation for your portfolio then you can begin searching for other tokens even those you just manage to come across social media, after research of course.
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You won't have all these problem if you just stick to better coins. The best thing to do is use CMC to find highly rated alts and then make independent research about said tokens.
This might work for some people, but what i simpy recommend is that people go for coins that have utility, i.e. BTC, that is why i am pro-BTC, because it has utility. If you think you have found altcoins that are also useful, make sure you do your own research to ensure it is not just fake promises and lies that the devs are telling to their community.
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You won't have all these problem if you just stick to better coins. The best thing to do is use CMC to find highly rated alts and then make independent research about said tokens.
This might work for some people, but what i simpy recommend is that people go for coins that have utility, i.e. BTC, that is why i am pro-BTC, because it has utility. If you think you have found altcoins that are also useful, make sure you do your own research to ensure it is not just fake promises and lies that the devs are telling to their community.
Yes, because sometimes, top coins also have their time. So there must still be a risk, and how big the risk will also depend on how we manage it and also choose it. It's just that, this is indeed better than new listed coins, hype coins, or even meme coins. But yes, BTC is still the best. ETH, BNB, and SOL are also my top picks for short-term and long-term assets.
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Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
But that won't grow your portfolio, right? Because if you don't want to lose, you have to sell immediately when the coin listing occurs... there is a hype pump that will make memecoin rise drastically....
Well, if there be profit made out of the uptrend, then, selling off to get profits, while bagging up of some valuable coins will be the purpose of taking out profits made. Meme coins are always speculated by some hype around the corner.
But, to add to the long-term meme portfolio, I only think of DOGE and SHIBA, besides that, the target is short-term... even TRUMP and MELANI are also very risky to hoard for long-term investment... don't be a victim of FOMO easily, because it is still a risky meme coin even though Donald Trump is there, but we don't know what Donald is thinking.
Holding TRUMP and MELANI for a long term holding is not really the best, because, after the listing of TRUMP coin, it experienced a very high price increment, and faced a drastic downtrend. This coin will only need to pass the test of time in the crypto space before it will hold it's ground. DOGE, SHIBA, PEPE are among the top meme coins in the market, with which have good number of supporters and investors.
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Generally speaking, memecoins are good for pump and dump kind of thing...with some few exemptions, of course. So if one has a gambling mentality like looking for a coin that can give at least x1000 then this can be the best arena to work at...and I would say that this can even be better than traditional gambling the only problem is finding the gems among the avalanche of new memecoin projects being introduced everyday. Getting into memecoin is just like treasure hunting...you need to explore a lot of area before you can find what you are looking for.
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
USDE? Is it not a stable currency so why you want to hold it for long term it won't generate you any profit due to the nature of stable currency! What is the deal here. Don't know anything about WEETH because the best way to make money from something whichi s wrapped version of ETH we must hold the ETH itself than.
Because WEETH won't pump unless ETH won't pump. It is my observation. Melania and Trump was just a meme hype tokens to make smart people and insiders some money and let them enjoy the moment of inauguration as many supports partied that day too.
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
For you to be able to build your portfolio as you may expect of it to grow, then try not to invest much on these memecoins and tokens, because they are highly volatile, not only that, they can easily cease to perform and continue on dip till you lose interest and got dumped on loss, try to have a good start with bitcoin investment, then grow your portfolio through it to later expand to some few altcoins which you might have researched about them.
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A portfolio that will find difficulty in growing or making good profits is one filled with bunch of shit coins/tokens that are on the pump and dump scheme. It is a right thing to maintain a healthy coin holdings in one's portfolio to avoid a continuous decline it value.
Bitcoin has attained it's Trust over the internet and crypto space, and lots of the top altcoins on CMC ranking.
Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
Indeed, a portfolio with many meme coins or shitcoins does not have to be maintained for the long term. What is meant is that when we invest in shit coins or meme coins, they are short-term assets, not to be used as long-term assets in our portfolio. Because, the price movement will usually stop after reaching ATH and will drop very drastically after that. When we do not take advantage of this moment to immediately take profits, then in the long run, our assets will only become trash and have no value anymore. And that only makes our portfolio look like many assets but less value
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For you to be able to build your portfolio as you may expect of it to grow, then try not to invest much on these memecoins and tokens, because they are highly volatile, not only that, they can easily cease to perform and continue on dip till you lose interest and got dumped on loss, try to have a good start with bitcoin investment, then grow your portfolio through it to later expand to some few altcoins which you might have researched about them.
More precisely, diversify into altcoins that have high upside potential in the future, such as ETH which must be the top altcoin to be held and several altcoins in the top 10 of CMC.
New memecoins that are still hype at the beginning are not recommended because they are very volatile and more people lose more than -50% of their value and even just become garbage.
The best memecoin may be just DOGE, or some of the top memecoins like PEPE and memecoins that are developed by honest developers and have a strong community.
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The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
I am quite amazed to hear you come to think of building a portfolio after seeing Melania and Trump coin, I mean why and how did you come to think of this idea after seeing these two meme coins, I would love to hear more on this if you don't mind.
I think there is nothing better than BTC it is the most preferred and adopted coin ever, haha. What I am doing here is advertising BTC (hehe), well, you know, BTC and what it is, and how popular it is, etc., etc., so I would suggest looking into the BTC ecosystem, and it's not financial advice so make educated buying only.
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A portfolio that will find difficulty in growing or making good profits is one filled with bunch of shit coins/tokens that are on the pump and dump scheme. It is a right thing to maintain a healthy coin holdings in one's portfolio to avoid a continuous decline it value.
Bitcoin has attained it's Trust over the internet and crypto space, and lots of the top altcoins on CMC ranking.
Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
Indeed, a portfolio with many meme coins or shitcoins does not have to be maintained for the long term. What is meant is that when we invest in shit coins or meme coins, they are short-term assets, not to be used as long-term assets in our portfolio. Because, the price movement will usually stop after reaching ATH and will drop very drastically after that. When we do not take advantage of this moment to immediately take profits, then in the long run, our assets will only become trash and have no value anymore. And that only makes our portfolio look like many assets but less value
If you want for a long term investment, don't invest with meme tokens because it is not being made for long term. Normally, meme tokens has no utilities and their price depends on the hype or the community. We all know that hype will vanish in time so it's good for long term. If you want a long term investment, choose the top altcoins in the CMC including Bitcoin because you will not regret holding them for a long time.
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A portfolio that will find difficulty in growing or making good profits is one filled with bunch of shit coins/tokens that are on the pump and dump scheme. It is a right thing to maintain a healthy coin holdings in one's portfolio to avoid a continuous decline it value.
Bitcoin has attained it's Trust over the internet and crypto space, and lots of the top altcoins on CMC ranking.
Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
Indeed, a portfolio with many meme coins or shitcoins does not have to be maintained for the long term. What is meant is that when we invest in shit coins or meme coins, they are short-term assets, not to be used as long-term assets in our portfolio. Because, the price movement will usually stop after reaching ATH and will drop very drastically after that. When we do not take advantage of this moment to immediately take profits, then in the long run, our assets will only become trash and have no value anymore. And that only makes our portfolio look like many assets but less value
If you want for a long term investment, don't invest with meme tokens because it is not being made for long term. Normally, meme tokens has no utilities and their price depends on the hype or the community. We all know that hype will vanish in time so it's good for long term. If you want a long term investment, choose the top altcoins in the CMC including Bitcoin because you will not regret holding them for a long time.
The top notch coins on the CMC ranking are coins that will stand and hold on, not being controlled by quick pump and dump situations, but because they have survived the test of time, and have shown to be worthy of investment, by showing improvement and development of their projects, creating ideas that can solve one problem of the other. Meme coins that are on the top list of crypto ranking does not still have what it takes, because they are controlled by hype. They have no utility in the community.
If we look closely, all of these meme coins are for quick profit, and after a short period, it experiences dump, investors are interested in what will give them rest of mind, where they have little to no thinking about Lossing their entire capital because of hype or pump/dump.
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It is good that you have no intentions of buying this coin. Anyone buying this meme coin right now is making a big mistake, those who bought early may have made profit, but that is all over, those coming later are going to lose money because the hype is gone.
And I keep wondering why people keep falling for an obvious scam like this one over and over again, I can’t be able to count how many times such a coin have come and gone, all with basically same exact results, and yet people still fail to realize that tokens are fueled by hype and once hype is over, everything is gone and those who join thereafter end up holding the bag. And the fact that the project developers holds majority of the token is still a total red flag that they’ve also chosen to ignore, and I keep wondering why this same trick works on people all the time.
I will tell you why people are pretty much ignorant and stick with what they want to believe.
Here is one example " Doge is a meme coin."
Its not it is a pow coin that has real use for payments purposes.
It have been the best coin to mine for the last 4 years.
No pow coin has done as well.
Yet if you read thread here you will read over and over and over that it is a meme coin.
It may have been birthed as a meme but it is a solid pow now.
but if you ask around most think it is a still a meme.
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~snip~
I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens.
~snip~
https://coinmarketcap.com/currencies/wrapped-eeth/
https://coinmarketcap.com/currencies/ethena-usde/
Hey mate, what do you mean by WEETH and USDE like the link I embedded above?
If yes, you are good to invest your capital in WEETH and USDE because both coins are USDE is Layer 2 of Ethereum and USDE is pegged at 1 dollar.
Ethereum is a well-known altcoin and has very strong fundamentals, with its ranking alone being number 2 on Coinmarketcap. While USDE is a USD pegged coin with 1 USDE = 1 USD. I think [your thoughts are a good choice.
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A portfolio that will find difficulty in growing or making good profits is one filled with bunch of shit coins/tokens that are on the pump and dump scheme. It is a right thing to maintain a healthy coin holdings in one's portfolio to avoid a continuous decline it value.
Bitcoin has attained it's Trust over the internet and crypto space, and lots of the top altcoins on CMC ranking.
Meme coins that will be profitable to their investors or traders on their early listing are those who entered the trade as early birds, and they will secure tons of profits, having traded with the uptrend flow.
Indeed, a portfolio with many meme coins or shitcoins does not have to be maintained for the long term. What is meant is that when we invest in shit coins or meme coins, they are short-term assets, not to be used as long-term assets in our portfolio. Because, the price movement will usually stop after reaching ATH and will drop very drastically after that. When we do not take advantage of this moment to immediately take profits, then in the long run, our assets will only become trash and have no value anymore. And that only makes our portfolio look like many assets but less value
If you want for a long term investment, don't invest with meme tokens because it is not being made for long term. Normally, meme tokens has no utilities and their price depends on the hype or the community. We all know that hype will vanish in time so it's good for long term. If you want a long term investment, choose the top altcoins in the CMC including Bitcoin because you will not regret holding them for a long time.
The top notch coins on the CMC ranking are coins that will stand and hold on, not being controlled by quick pump and dump situations, but because they have survived the test of time, and have shown to be worthy of investment, by showing improvement and development of their projects, creating ideas that can solve one problem of the other. Meme coins that are on the top list of crypto ranking does not still have what it takes, because they are controlled by hype. They have no utility in the community.
If we look closely, all of these meme coins are for quick profit, and after a short period, it experiences dump, investors are interested in what will give them rest of mind, where they have little to no thinking about Lossing their entire capital because of hype or pump/dump.
I agree with you. Top altcoins in the CMC tested already that they are worth investing for. They survive in bearish market where people are selling their assets because of thinking that crypto will going to die. But here we are now, what we see in the list for past years in top alts was still on the list. Meme tokens is having a hard time to increase in this bull market, how much more when the bearish comes.
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I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.
This is funny. You don't think of investing in stablecoin and coin exactly like eth, and you are thinking of making huge profits from your crypto investment, whereas there are potential coins you can invest in and anticipate good profits in this bull run thereof.
This time of the market is not a time for one to invest wrongly. I would advise you to invest in Bitcoin rather than altcoins because that's much safer to expect a return on investment for a long time, compared to altcoin that nobody knows their future price
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This time of the market is not a time for one to invest wrongly. I would advise you to invest in Bitcoin rather than altcoins because that's much safer to expect a return on investment for a long time, compared to altcoin that nobody knows their future price
One thing with altcoins is that you have to throw money on a couple of them and see what happens, not everyone will like to 'gamble' with their money like that, you can buy as many as possible and still be unlucky with all of them. This is why we usually recommend BTC, because it is not a pump and dump coin and if you are patient you'll surely realize profit.
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In fact, they are valuable and realistic that those who have invested in greed have lost a lot of money today. This token suddenly came to the market and made many poor and very few people got profit. You accept it as a very condemnation which is the metaphor of a gambling. Some people can get profit from these coins, but most people will lose from these coins. Since all countries are thinking about crypto now so a lot of cheating sources will be created.
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Whenever you got opportunity to make money from such investment just cash out everything or atleast half of it to reinvest them on other projects whether it's new or something like Bitcoin cause we can't expect the Trump coin or any such projects to be next Bitcoin so there's no point in hoping they will become one, make money and move on to next one.
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Indeed, a portfolio with many meme coins or shitcoins does not have to be maintained for the long term. What is meant is that when we invest in shit coins or meme coins, they are short-term assets, not to be used as long-term assets in our portfolio. Because, the price movement will usually stop after reaching ATH and will drop very drastically after that. When we do not take advantage of this moment to immediately take profits, then in the long run, our assets will only become trash and have no value anymore. And that only makes our portfolio look like many assets but less value
If you want for a long term investment, don't invest with meme tokens because it is not being made for long term. Normally, meme tokens has no utilities and their price depends on the hype or the community. We all know that hype will vanish in time so it's good for long term. If you want a long term investment, choose the top altcoins in the CMC including Bitcoin because you will not regret holding them for a long time.
The top notch coins on the CMC ranking are coins that will stand and hold on, not being controlled by quick pump and dump situations, but because they have survived the test of time, and have shown to be worthy of investment, by showing improvement and development of their projects, creating ideas that can solve one problem of the other. Meme coins that are on the top list of crypto ranking does not still have what it takes, because they are controlled by hype. They have no utility in the community.
If we look closely, all of these meme coins are for quick profit, and after a short period, it experiences dump, investors are interested in what will give them rest of mind, where they have little to no thinking about Lossing their entire capital because of hype or pump/dump.
Exactly, meme coins are profits that must be taken precisely and quickly. If the calculation is wrong or if it is too late to take profits, then the possibility of getting the moment again will be very difficult. That is why many newcomers fail and lose in meme coins because most of them do not understand when to take profits, and are actually consumed by FOMO so that you hold the meme coins for the long term. In fact, they are just victims.
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Whenever you got opportunity to make money from such investment just cash out everything or atleast half of it to reinvest them on other projects whether it's new or something like Bitcoin cause we can't expect the Trump coin or any such projects to be next Bitcoin so there's no point in hoping they will become one, make money and move on to next one.
I agree we don't fully invest in a single asset. It is better to divide our funds into several assets. I also ever did this way, I'm trying to invest in physical assets, too. Unfortunately, all of them failed to grow because of many factors. It is not easy to divide assets into other things, it also needs good understanding. Regarding Trump, you are right we don't need to rely on him. He is a typical of person who easily change his mind.
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Whenever you got opportunity to make money from such investment just cash out everything or atleast half of it to reinvest them on other projects whether it's new or something like Bitcoin cause we can't expect the Trump coin or any such projects to be next Bitcoin so there's no point in hoping they will become one, make money and move on to next one.
I agree we don't fully invest in a single asset. It is better to divide our funds into several assets. I also ever did this way, I'm trying to invest in physical assets, too. Unfortunately, all of them failed to grow because of many factors. It is not easy to divide assets into other things, it also needs good understanding. Regarding Trump, you are right we don't need to rely on him. He is a typical of person who easily change his mind.
If investing on the new projects keep failing then we should change our strategy and that's what I did back in 2019 and moved to bitcoin completely and from that moment I skipped investing on the new coins irrespective of how tempting the returns were cause it's like swing and miss, some will make money while most will be liquidated.
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Whenever you got opportunity to make money from such investment just cash out everything or atleast half of it to reinvest them on other projects whether it's new or something like Bitcoin cause we can't expect the Trump coin or any such projects to be next Bitcoin so there's no point in hoping they will become one, make money and move on to next one.
I agree we don't fully invest in a single asset. It is better to divide our funds into several assets. I also ever did this way, I'm trying to invest in physical assets, too. Unfortunately, all of them failed to grow because of many factors. It is not easy to divide assets into other things, it also needs good understanding. Regarding Trump, you are right we don't need to rely on him. He is a typical of person who easily change his mind.
If investing on the new projects keep failing then we should change our strategy and that's what I did back in 2019 and moved to bitcoin completely and from that moment I skipped investing on the new coins irrespective of how tempting the returns were cause it's like swing and miss, some will make money while most will be liquidated.
Yes, I agree. Changing strategy when experiencing failure is indeed quite necessary. Yes, at least we can evaluate our failures, and if we really can't and give up on some mixed projects, it is much better and more potential to switch to Bitcoin, or even if it's higher risk, maybe still to top altcoins. However, I also agree with you, however, if it's related to investment, Bitcoin is still the main one, and makes us much calmer compared to the various things that might be felt when investing in new projects
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Some people can get profit from these coins, but most people will lose from these coins. Since all countries are thinking about crypto now so a lot of cheating sources will be created.
Yeah, a lot of people are going to be creating shit memecoins in the next few years, and part of the reason is because the president also created his, which led to a lot of people losing money, it could even be called a rug pull. So if the president can rug pull investors, many others would not mind doing the same thing.
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Yeah, a lot of people are going to be creating shit memecoins in the next few years, and part of the reason is because the president also created his, which led to a lot of people losing money, it could even be called a rug pull. So if the president can rug pull investors, many others would not mind doing the same thing.
And we will see meme coins popping up every day. The reason is as you said, that the business in meme coins is very potential for them. Just imagine, just capitalizing on hype and promotion so that many people spread the meme coins, then the meme coin will easily skyrocket, after that, no need to think about what the future progress will be like, leave it and make a new meme coin. That is the cycle that is happening now, whether the developers have made several meme coins to make a profit. And again, there are still many who are victims. I don't know, even the temptation of meme coins is very high.