Are you riding the memecoins wave wisely?

[taufik123]

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.

[I-Bit]

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.

[IvugeoEvolutionCoin]

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.

[legend45]

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.

[Thyplaymaker]

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

[doc]

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.

[fruktik]

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.

[Thyplaymaker]

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.

[Kizozo]

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.

[Jamal Aezaz]

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.

[iamcryptic]

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.

[Shezcute Abbie]

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.

[Kizozo]

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.

[RidwanMalik]

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.

[JoyMarsha]

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.